In this chart we have spotted Rising Wedge, so place Entry, TP & SL level accordingly. we can expect a downtrend
There is series of LH & LL which shows a bearish trend, and we take a small SHORT ENTRY
--------------------------------------------------------------- Description --------------------------------------------------------------- + A nice clean triangle formed for CRV and it's about to be broken + With the descending triangle we can expect the bearish trend to continue + CRV will continue to fall and i don't see any reversal happening anytime soon....
As per my longer term EURJPY video idea last week I have now entered short waiting for the 73% fib to be hit which is my preferred level on retracements. It's a longer term trade so need to let it play out
Don't have a lot of time to carry on about this one as it's about to happen and will move quickly, so use it, don't use it.. Short entry: $0.1442 TP: $1.30
This post is based on the little information available at the time of its posting, so it's to be taken as speculative. There's not enough previous chart information to make a decent call, but based on the one method I do have that might suggest the best exit level, $110.00 appears to be it. This is only an exercise in prediction, not trading advice. I'll update...
A third possible lower high in a row, followed by breaking of fibonacci support level with strong bearish candlestick are a good entry point for bears in this trade
So i have been now trading using FVG and Fibs for well over a year in a half now and i can personally say this is by far the best trading strat around since i started using this i right away noticed how it really does simplify trading down to the bare bone essentials which has helped me see and read price action a lot better yesterday being the best trading day i...
Several hard rejections at resistance (see red dots). Rounded formation at resistance – indicated buyers exhaustion, favoring shorts. Candle has yet to close and a lot can happen especially in those last ten minutes. Possible resistance at 19760 - could be a first TP point. If bullish reaction there is weak (watch volume), I would let it run to 19620, which is...
Considering we just had a pretty major drop we would expect at least some kind of bullish strength or some strong support reactions. But in my interpretation the attempts made by the bulls to push price have failed thus far. I am seeing bullish weakness. Or, at the very least we see market indecision in favor of a bearish move. Price has failed to climb, and...
Following the breakdown of the wedge, price is currently situated in the blue box where it could hang around a little. I don't really expect a bounce upward out of this zone. However, if we do have a bounce and break out of the blue box it is likely because the NPOC at 1818 is attracting the price. In that case I would not expect the bounce to go any higher...
Entry: 1.6420 Stop Loss: -550 trailing stop Target: 1.5870
This massive 45% increase was clearly a manipulation. There's not fresh tweet, no events, and no latest news and it pumped all of a sudden. Crypto is a volatile market and anything can happen here. You can short this coin and make some good profit but do hold on to your SL. Enter at: $0.30 to $0.32 SL: $0.329 Target: 10% to 20% Note: This is not financial...
Overall trend bias-bearish Short entries on 3 potential scenarios Scenario 1- Break of support structure-->retest resistance--> short entry Scenario 2- rejection of resistance level 38.2--> short entry Scenario 3- break of 38.2-->retest--> rejection from 23.6--> short entry What do you think?
Good day traders! It has been a quiet day in the market today as the market is waiting for another stimulus to trigger the direction. However, let's talk about USDCAD. USDCAD has been moving in a down channel and price has broke below daily support which indicates a further bearish movement will take place soon. We shall be looking for a short setup at fibonacci...
Waiting for a trendline break for a sell entry. On the daily we see price forming a bearish pinbar at the resistance level. I'd expect to see lower numbers next week. Happy Weekend Traders!!!
Good day traders! Wish you all have a pleasant weekend and do enjoy yourself and happy trading! Start off with USDCHF! Price has been moving in downtrend for the past week and it has formed a symmetrical triangle chart pattern and this is an indication of bearish movement. We strongly believe that symmetrical triangle is one of the most frequently appearance in...
As what have been analyzed on weekend, gold price moved as to the direction that we expected. For now, we will not enter any entry on gold until gold break below the current support or which much preferably to retest the trendline as indicated above. If so, we can look for a sell at 1720 as that is the previous support which may turn into the resistance. Do...