#CTK/USDT #Analysis Description --------------------------------------------------------------- + CTK has clearly established a well-defined channel, and currently, the price is breaking downward from this channel. + This signals a bearish trend, offering a potential opportunity for a short trade. --------------------------------------------------------------- ...
BBVA is currently in an ascending wedge with bearish RSI divergence. Look for a break of trend on smaller timeframe for entry, SL at last swing high with target of $7 also could be a bigger move as in a channel on larger timeframe so will be using a trailing SL if it gets there, moving SL to BE when safe to do so.
From our analysis of this pair from yesterday, we had a prediction of this pair melting all the way down to hit the Daily Liquidation Target. For those of you who were able to catch the trade from when i sent out the setup, thumbs up to you as you sure have made a good 1:25 RRR on the trade so far, if you trade with tight spreads like i do. But for those who...
On the 4 hour, we witnessed yesterday how prices retraced Bullish to come into our zone. This saw the 1 hour chart hitting its target price point and proceeding all the way higher to get to our 4 hour Panzy-Pips Block (PB) as marked out on the chart. From this level, and with this look of bearishness, we expect prices to begin to melt and consequently witness a...
On the EURAUD currency pair, we have a bearish setup today with the price retracing to the 61% Fibonacci level. This occurs within a fair value gap, confirmed by the M15 and H1 timeframes, and inside a supply zone with volumes in H1 pushing the price down. The target is located in the 1.6163 area. However, the trade carries a certain risk as important economic...
Gbpnzd supply trade Target is next key level to the downside.
The AUD/USD pair is showing a strong recovery after a minor correction near 0.6840 during the European session. Investors eagerly await the release of the Reserve Bank of Australia (RBA) minutes and the interest rate decision by the People's Bank of China (PBoC). Meanwhile, caution prevails as S&P500 futures recorded losses in Asia due to an extended weekend in...
On GBPUSD, we have a bearish setup after the news on the dollar and the possibility of a debt ceiling bailout. We have a price that, after forming a demand zone at 1.23200, rose towards 1.2440 where we have a supply zone with a highlighted short setup in blue. I will be looking for an entry point there. Let me know what you think. Happy trading to everyone.
TRADE OF THE DAY | COTI | Looking like an easy 8.2% Short | TARGETS ON THE CHART | Not a crazy complex trade set up here a key rejection from the 20 Daily EMA along with a strong bearish divergence showing with a conservative target to the most recent strong support. Fortunately the Stop lines up nicely with the most recent swing high too for a 1:1 R:R.
On this, we have a bearish setup that overnight created a zone of interest for a short trade within a supply area around 1.9960. The objective is to wait for a bounce in that highlighted yellow zone and then enter a short trade with a target of 1.98. Pay close attention, as after days of congestion, the market seems to be showing some momentum. Let me know what...
| Don't Forget To Hit Follow To Never Miss An Idea | | Please Support By Giving This Idea a Boost | #KLAY | Short | Idea Entry conditions | Bearish Signal | Broken down on range | Rejected from 20 Daily EMA | Untested Weekly Pivot - Beware | Lost Key Support | Lost Key support and trenline on CVD
#BTC | Short | Trade Entry Conditions | Bearish Indicator Signal | Broke through the 20 Daily EMA and challenging the 50 Daily EMA | Breaking a long term trendline | Untested Weekly Pivot | Broken the CVD Trendline and Support
#RNDRUSDTPERP | Short | Trade Entry Conditions | Bearish Divergence | Indicator Signal | Room to move down before 20 Daily EMA is tested again | Untested Weekly Pivot
In GBP/JPY there is a supply since December. I used this supply to look for a potential entry point. I opened a short position this morning with a 1:8 risk-reward ratio target. Let me know in the comments what you think. Happy trading everyone.
Here we have a supply zone that the price has attempted to break, creating a spike which further validates my bearish scenario. The objective will be to wait for a retracement to a point of interest (POI) that I have highlighted. Let me know what you think in the comments. Have nice trading day!
TSX:SXP | SHORT | TRADE Entry Conditions: | Big Divergence and heavily slowed momentum | Lost local support | Potentially much further downside after huge rally | Breaking long term RSI trendline
$BNB | SHORT | TRADE Entry Conditions: | Expecting test of lower descending channel again | Breaking 200 EMA 1h | Expecting test of 200EMA 1D | RSI Support Test
here we have a good entry point as there is a sell momentum in hourly timeframe so we have 2 target with 108 pips down target