Oil double topped at previous daily structure & appears to be pushing once more for a retest. I can see price hanging around 42.31 area for a day or so before breaking above and continuing upward.
If we cant finish the week below 94 I will be expecting and looking for a reversal and eventually a retest of resistance zones in the 96 region. If market conditions are favorable up around 96 I will look for bearish DXY plays. Looks like we are playing major price levels for the time being i.e. 94 95 and 96. Currently waiting for 94.2ish for possible bullish DXY...
GVTBTC has been a nice daily breakout ad you can see on left chart. On the right chat with 4h timeframe, it creates a nice support (yellow rectangle). According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be...
Hello, dear subscribers! In the last review we considered the main bitcoin market situation - a flat with local support - $9,170. Currently, the price of bitcoin is $9,160. On the four-hour chart, we have fixed below the local support at $9,170, which indicates that the main priority at the moment is the short. On the daily chart we see that a signal for the...
Hello, dear subscribers! In the last review we discussed the entry of the price of bitcoin in the flat zone $9,300-$9,600. For today the price of bitcoin is $9,270-$9,300. We are at the lower border of the flat zone. Over the past few days, the Bitcoin price has formed support $9,170-$9,200, the volatility has decreased, we are in a local bullish movement. An...
Risking 20 pips for a potential 270 pip gain. Let’s see how this plays out. Entry 133.142 SL 132.942 TP 135.846 Follow us on Instagram: @profitplaysfx Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can...
ONT touched the support at the lower band of its bullish channel and which got rejected. We might see further consolidation above 620-630 SATs. Key resistance levels are 670-680 at the intersection with the long term bearish trend line, if it breaks above that, 750-770 will be next targets. Strategy: Long at 620-630 Target Price: 670-720-770
Hello guys, the question is should we move to a higher timeframe with the bot to take us out from all this chop chop market conditions? this will be the same leverage used, same position size, just less trade for more security.. Yoyo market makes it difficult currently for bots to find the right entry. let me know what you think cheers Romain
Three days after the last review of the bitcoin market, our expectations were confirmed, the price of bitcoin entered the wide flat - $9,350-$9,850. Sellers pressed the price to $9,350, buyers responded with a quick buyback of $9,800, but no one was able to push the attack. In the current situation, it is not possible to say exactly about the future direction...
NOTE: (MARKET IS REACTIVE AND NOTE PREDICTIVE) (LIKE AND COMMENT BELOW TO SHARE IDEAS TO SUPPORT ) From a daily perspective we can see price has been in a bullish market. REMEMBER: MARKET IS REACTIVE AND NOT PREDICTIVE. On the four hour chart if price can push through the resistance zone we can initiate a long position to the level of 118.559 zone. Monitor...
This way of marking up your charts will work on any pair, not just volatile ones, and you will see the opportunities set themselves up for you to enter aggresive scalps when price moves towards major support / resistance, always mark up at leas two horizontal levels of a low and a high where price reacts to horizontal support/resistance
You see how clean this is? we have a price zone, and one trend line, thats it, trade the bounces off support & Resistance, always mark up a major lower and major high, and you're good to go. Don't over complicate your trades.
GBP/JPY is in a distinct 4hour sell bias. GJ was currently consolidating and creating the final exhaustion from the earlier push down. Possible selling opportunity, watch out for extra SL hunt place SL above previous wicks. Multiple confluences for sell including trendline touch, supply & demand zone, 50% retracement fib, sell bias market structure creating the HL...
Bearish move - it was clear to us, Euro was getting weaker but tested the fresh supply level on the 4 hour. We waited for price action confirmation and sold on the rejection of the zone. Now risk free. It was simple as that. If price reverses - no problem. Target is the next demand - swing trade if passes this and falls further.
Greetings TradingView Hope you're all doing well! Here we have NAS on the 4Hourly where I expect it to have a little play time down at 8500. We will see the overall movement in NAS being a LONG. Check the related ideas, we didn't quite hit our secondary support zone as NAS rejected off the first pretty well. We also have a lot of fundamental confirmations on...