On a bullish day look for price to short 1-3 Standard Deviations before the Algorithm begins to LONG Price.
On Bearish Days look for price to Long 1-3 Standard deviations before the algorithm engages the short.
You can trade with this information both ways when you know the bias of the day.
It’s safer to WAIT until price hits the standard deviation that is...
Found a possible Gartley on 4hr w/ B point hitting 786 and C and D hitting 886. Open to critique let me know what you guys think.
Going temp short.
X - @ 162.353
A - @ 155.348
B - @ 160.848
C - @ 155.945
D - @ 161.547
Potential TPs can be any QP between 160 and 158
The narrative for this short set up is this:
When the 4hr breaks out of a consolidation zone from the 15min TF huge opportunities for high probability entries present themselves.
When you see the opportunity at the beginning of the break cease the moment.
You're either right or wrong.
A tight SL will take care of the RISK if you're wring,
But it sure feels...
Hi Guys
Another technical analysis using Elliot wave
im quite new to this type of trading
let me know what you guys think
i believe market will fall & touch trendline
Target Price 1.40000
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
FX:EURUSD
CONFLUENCES:
- Bearish market structure confirmed by MA crossover (Elliot Wave 5th leg)
- Head & shoulders pattern formation
- Break and retest of the larger uptrend
- Rejection of daily 51 EMA
- Rejection of 78% Fib level
- DXY has reached significant support so hope to see DXY strength in coming days
Hi guys..its the latest analysis chart of bitcoin in 4H .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
Harmonic pattern on 4hour chart. I would wait for cross on 15 minute chart to enter. deep crab pattern completed on 4 hour chart wait for macd to cross.
NOT FINACIAL ADVICE
I am taking this trade from a 4HR AOI. Sell is valid unless price breaks above and stays above current zone.
Looking for follow through past current support on the 15m TF for conformation. Will take the short to any of the TP's shown but the final TP is the D support zone.
If price breaks above the zone, I will be switching bias and looking for a buy. News is...
EU has been in downtrend for the past 12 months and has created a falling wedge on the weekly indicating that bulls are getting stronger. Bulls have found some support at 1.1110 which was last tested in May 2017. staying on the weekly there is a 60 pip demand zone between 1.1110-1.1170 which we have dipped into 4 times since April 22nd, each time bull have...
Im Dumpin XBTUSD until further notice. But this is only a 50/50 guess, right.
Bitcoin is either going to go UP or Down...
Position Size : 10%
Leverage : 10x
ENTRY : 5285-5330
Target 1 - 5230
Target 2 - 5186
Target 3 - 5070
Target 4 - ????
STOP LOSS: 5462
Risk: 7/10
****DYOR****
Dear Traders & Followers,
There is a possibility to go SHORT from current price
to the level of 111.50
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
Dear Traders & Followers,
There is a possibility to go SHORT from current price or 88.10
to the level of or 87.30,86.50.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
