MaksSV

MaksSV

On 1D timeframe we are in a downtrend. We saw a breakout of a major support zone. Now this zone was retested and also there is formed a pin bar (in white). On lower time frame (4H/1H) the retest is in the form of flag pattern and we can see that the trend line is broken. This provides us with very good R/R ratio - 4. TP is the next support line that has been...

MaksSV

After the break of the horizontal line we see a re-test of it that is also the 61.8% retracement. On the bigger picture, there was a breakout of the trending line and now is the re-test so I would enter a short trade

MaksSV

The price is forming a triangle and I will definitly place a pending order below the trendline with SL above the long wick of the pin bar (1D chart).

MaksSV

After a impulsive upward move , the price formed a flag pattern (correction in the price). I will place 2 pending orders above the trending line, one with TP on the closest resistance line and the oder for longer period of time.

MaksSV

Trendline is broken and we saw a re-test and this provides us with very good R/R ratio.

MaksSV

After breaking the trendline we saw a pullback and then a strong upward move which turns out to be a re-test, but this time creating double tops. If it pulls again I will enter a short trade that provides us with very good R/R ratio, with TP on the trendline.

MaksSV

It is formed a double top on the 50% retracement. 2 scenarios: - Braking the trendline and heading down - Touching the top one more time then going down I got very good R/R of 6+, but I will place a pending order right below the trendline with SL above the resistance zone

MaksSV

After a big downward move , there was formed a bull flag (corrective move) and the support line was broken making it now a resistance line. After the candle below the resistance line I am going short with SL= 20-30 pips above the candle and TP right before the green line . This leaves us with a R/R ration greater than 5

MaksSV

On the chart we can see a Head & Shoulders pattern. I waited for the retest of the neckline and I am very optimistic about this trade. I would wait a little bit to see some kind of reversal candlestick pattern and then go short wit SL- about 20 pips and TP- at least the size of ''head to neck'' line.

MaksSV

On the chart is formed a double top. The white arrow is pointing at a very specific candlestick pattern that is called morning star( but in order to see it you should be on 1H chart). The price will possibly hit the support line. If you open a short position there is a very good Risk/Reward ratio of 3,5.

MaksSV

The price has touched the last major high. That pin bar has a big tail, that means that it rejected the level and a correction in the price is coming. Right now I would wait for the price to retest the support (it has been touched multiple times in the past) and the i will open a long position with SL few pips away from the support line. That gives us a good...

MaksSV

It broke the trend line, retested it and then broke the resistance line. But it made an equal high so I would place a pending order a few pips above the little resistance line with a SL a few pips away from the last pullback and TP on the next resistance level. This gives us a not so bad Risk/Reward ratio of 3.50

MaksSV

Here, we have a flag pattern. Waiting for the breakout. First case- it breaks above the resistance line and I plan to open a long position there with SL 3-4 pips below the candle that retests the support line. Second- if it breaks the support line open a short position with SL 4-5 pips above the candle that retests the resistance line. In this case we have 2 TPs...

MaksSV

Freshly made Head and Shoulders pattern. Waiting for the retest of the neckline, then going long with SL a little bit under the retest candle.

MaksSV

The chart show us that this yellow line was many times respected as resistance and support. The prediction that I am making is that the price would bounce of the support line

MaksSV

Wait for the price to touch the yellow line and then go long. Stop loss- 67.20 .

MaksSV

As you can see from the chart Bitcoin had a hard time braking the resistance line, but it succeeded. Right now it seems like it was a fake brakeout and it is going back under the line .If it continues to go down for the rest of tomorrow's day , I am recommending to go short. Even the Relative Strength Index is showing that the market is overbought.

MaksSV

For the 4th time the EUR/USD is hitting the resistance line and it will at least touch the support line. Even the today's events are helping the chart to go down. I am recommending the stop loss to be at 1.17612.