Hello traders, Here is my plan for DogeUSDT. Doge has left its range and is in an upward trend. RSI is over-extended on the 4hr so I expect either a quick pullback before continuation or a deeper retest of an earlier order block before more upward momentum. VIX is flat and EMA's are fanning out. Just need to time entry. There shouldn't be a deep retracement at...
Hello traders. My wave counter is indicating the start of the 5th wave break out on the 4hr. The yellow line is the quickest and is for individual/sub-waves counts, the green line is for each completed 1,2,3,4,5, the red line shows the whole structure. The yellow line will show when to exit and when to place buy/sell orders etc. We had a short two-wave correction...
Nice combination and setup for intraday and swing trading on the Daily - 4hr - 1hr charts (structure, tactical, executional).
I am not sure if is gonna happen but this trade have good RRR. Not financial advice.
An intraday trade on the 4hr chart. The oscillator is pointing up and we are entering the Golden Zone - 0.618. Target is prior high or 100% Fibonacci. Good luck!
FX:EURGBP A previous analysis of this chart is linked below Alternative analysis for EUR/GBP A parallel channel has been forming for an extended period of time on the 4hr, with price bouncing along the lower and higher edges of the channel, and breaking major support lines along the way downwards and indicating a strong moving downwards trend.
Lite coin has the possibility of returning to 152USD if this ultra bearish scenario plays out. After failing to reach the target for the previous inverse head and shoulder pattern targeting 237USD, lite coin has begun to develop 2 head and shoulders patterns. Easily viewable on a 4hr chart the big one is targeting a downside target of 152USD and will only come in...
YOU CAN SEE BULLISH RECTANGLE PATTERN ON THE CHART PLUS OUR PROFITS AND Fibonacci Extension zones. YOU CAN TAKE BUY LIMIT ORDER ON SUPPORT LINE OR TAKE SELL LIMIT ON TP ZONES OR WAITING FOR POSSIBLE LONG ENTRY AFTER BREAKOUT ABOVE OF RECTANGLE!
Possible Trend Channel and Wave Count for the next move up (pink). Check linked chart for bigger picture.
Opportunity for a possible 150 to 200 pip short On the 4hr, the market came from a recent uptrend, forming a near perfect elliot wave, and starting a retracement. If the market respects structure then we should see a retracement continuing to form and settle.
short opportunity on the 4H for the EUR/GRBP pair, possible 100+ pips. Broken triangle suggests a likely continued descent downwards. respecting fibonacci levels and support lines broke structure and went past previous diagonal trend line still showing signs of a continued downtrend, as price respects second diagonal trendline
CHAINLINK / USDT 4H Link is one of the most popular Altcoins. Here we see that the link has formed a channel in the 4-hour candlestick and now it has reached the bottom of this channel. New channel, 0.38 fibo resistance line Therefore, the probability of the trend returning to the upward trend can be considered more than the fall and failure of the new...
USD/CHF - 4HR Chart Price has been trading in this ascending channel. Not long ago we saw 6 year lows on this pair. We have remained bullish on the USD throughout. Price is testing the topside of our structure. Will we see a breakout to the upside or a retracement before another bullish push?
If we see the market structure of EURUSD it seems like an uptrend on a daily timeframe. If you see that black dark line is the strong support level respected many times. Here we are looking for the trend continuation because on 4h time frame the trend is also shifted from one downward to upward recently and making higher highs and higher lows. As the price...
Price cycled downwards, currently residing at a key level in price and a trendline test. Lets see how this 4HR closes. Simple structure on the HTF. Identify trend and key levels.
I've marked my ideas on the chart. Good luck!
USD/JPY - 4HR Chart We've seen a bounce off our long term ascending trendline. Bullish cycle upwards imminent? Will we see price follow our forecasted price path? Do not use trendlines alone to take trades, however - they can be great to help you identify the trend on the HTF.
FX:USDJPY CONFLUENCES: - Bullish market structure confirmed by MA crossover - Breakover and retest of previous resistance - rejection of 61.8% golden fib zone - Elliot wave 5th leg - No rejection from 51 EMA but happy with the above confluence for entry