Seeing the struggling buyers, would be anticipating the sells to be able to push towards the recent low on the 15
Seeing price slowing down massively around 40, would be anticipating price to push up towards recent high.
based on price action. the higher time-frames are on an uptrend, the 15 is in a consolidating phase and part of a shallow pullback on the 1H i set a buy stop once the buyers start kicking in
Looking to short once it breaks the support line before entry.
#BTC 15min In small timeframes, you can determine the local levels of resistance and support from which the price will determine its further direction. Now we can stay for some time inside the triangle, the breakdown of its upper edge will give a push to move higher, the lower one will indicate the priority of further reduction to the recent minimum.
Hey, so looks like EURUSD has been overextended on 15min rsi + macd. Pennant forming what seems to be a rising wedge. Volume is dropping off. Waiting for a volume spike. Macd has extended convergence = higher probability of volatile breakout. Green dotted lines are higher high/ higher low support & resistance levels. Arrows represent long and short limit...
We're seeing a nice pullback from our daily/weekly high. The market gave us a pullbacks slightly beneath our 78.6% before printing a bullish candlestick reversal pattern. Great re-entry opportunity. Targets provided in the attached link. Intra-day target at 1.1715.
Price action finished last week in the tip of a nice minor wedge. Moving into this week I will be placing intermediate support zones formed around 1.17288 and intermediate resistance levels around 1.1839. Monday should either break up out of current wedge to upside to retest last weeks highs or break down to test intermediate support and follow thru with the break...
trend cont. opportunity DB entry or BA or CA
The 15min scalper looking like the embedded short term wedge is coming to a point. Monday should give a nice couple scalps and I will be tracking the minor waves looking for entries throughout the day. I am not expecting any wild movement until the major news later in the week which should give a some major volatility for scalpers. Currently price action is...
Price just got above the 200 ema on the 15min chart which is my go when looking for a reversal into a retracement. This may set up Sunday night. Keeping an eye out. See my previous daily chart.
Follow me and check the related ideas below to learn more details.