1 hour buy block - Looking to take this past previous high and to close gap above.
This idea is based on a minor down trend channel that began Jan 22, 2018. The top of the channel was retested Dec 27, 2019 and continues downward. Here is an opportunity to catch 20 pips as AUDJPY broke below the 73.325 price on Fri 9, 2020. Possible short if we can get a retest for entry at 73.325.
ABC correction, X wave or push to 10.4K incoming. Previous Analysis: This is not trading/financial advice.
Price likes to revisit zones, zones were price stopped and price visited once (TF dependent) establishes an area that attracts price. However if rejected, zone becomes a strong boundary for a probable duration of time. Price rarely leaves an area to never return. Yellow represents a strong attraction for price. Blue Repels. Previous Analysis: This is not...
I have analysed a potential Double Bottom setup on the NZD/USD 1 Hour chart. I have setup a long position which I will take if the market follows the appropriate setup. The trade has a reward of 16.75% and a risk of 3.03%. Risk reward is 1 : 5.5. I am newer to trading and am still learning so would appreciate and feedback on this analysis. Thanks
GBPUSD, as we see, is in 1 and 4-hour consolidation currently we are at the bottom of the range I nice pin bar or a bullish engulfing candle at the bottom we can enter to trade it up to the ceiling of the range. if price break and close below the range line the trade is invalid for me. Hope you guys can a nice move there.
this triangle is going back to our highs of this year over all we have just gone sideways an i really do think this is going to break up every one i hear on youtube twitter are all bearish again everyone is looking at the 8,5k mark like its going to happen today the overall trend is still up so im long at 10k have already taken profits on target one so we will see...
sorry my earlier idea was done on the daily the cup an handle i was trying to show was on the 1 hour to 4 hour but as you can see we are working are way up off the bottom of the handle but volume to me doesnt look right we should be looking for a move back to 10.5 11k we will see how the over night hours are
Hi Traders! The market was just moving up for the recent candles. Now it reaches the next resistance level. We expect the market to pull back. We recommend to sell with a risk-to-reward ratio of 1 to 4.5. But wait for the reversal pattern :)! Thanks and good luck!
Bitcoin looks like it could have a small bounce to the 10600 region?! Bullish divergence RSI MACD is crossing to become neutral Longest leg of the move showing the acceleration to downside may cause a bounce. R/R ratio is too good to pass up. In terms of momentum this trade is risky, as everything is neutral bearish, but with a divergence and a smallish...
speaks for itself, message me for more information
Will it happen? I'm thinking so
expecting DXY to correct from here then will resume shorting
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-4 Days Actions on - A – Activating Event Market will meet resistance in zone @ 0.6945 - .... and fall to the 0.686 . In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 0.686 FX:AUDCHF...