Hey, if anything it highlights what I hope will happen with this one.
Strong resistant will reject the price normally when buyer is not strong. In this trade i am inclined for only tp1 ~ 35p. OTOH, if seller coming with buyers absence could push price to tp2. cheers
As you can see on my Bitcoin/USD Coinbase chart, the price of bitcoin is still below the 12 and 26 exponential moving average lines, which are represented in red and dark blue. In my opinion, the last candle stick which is red, "could" indicate that the price is temporarily headed back down. The yellow upwards trend line that i drew on the chart is acting as...
its for my own education purpose Trade on your own risk Hit like and leave feed back if you agree :) i am just nub :( thx
Hy Guys, BTC Breaks 10424 Order Block Now Retesting And Showing A Bearish Swing Failure Pattern (SFP) Better To Short Here. This Is Not A Financial Advice Thanks!
Simple break in Market Structure on the low timeframe. There is price inefficiency to fill on the way down. Even though the run up has filled the inefficiency on the left hand side, there is still a small ammount of orders which rest between 10k-> 10.3k . This idea is based on the assumption that we have a pullback before continuing the next move north.
In my earlier post I said that due to the rangebound nature of BTC right now I have to be prepared to hedge my short position. I have just got my confirmation for a long entry.
Disgustingly low volatility since the month opened. Eventually it broke out of the consolidation to the downside, this trade is based on the idea that we are going to get trend continuation.
On daily bullish engulfing pattern is formed at daily support level, so we have to wait for retracement to the level and must buy after bullish candlestick confirmation. But this is market and anything can happen so follow the price action and take entry near the zone based on bullish or bearish evidence.
MU frequently is on Retail Guru recommendation lists. This triggers Professional Trader activity. MU action is often led by Professional Traders’ setups, and at times these trigger High Frequency Trader action ahead of market open.
Looking at Price Action in the 1 hour time frame shows us detailed levels of price action. We have a Seller Bias as we are in a Bearish Market, i'd be interested in entering this pair because price broke below a previous structure and looks to be heading lower, breaking this ascending trend line. I'd be looking for Price Action Confirmation such as Bearish Pin...
Within 80% the second high hits the median square on the nose. ba baa ba baa Now to predict the next big move.. Duke goatclub.io
This commodity is undecided on whether is in an overall uptrend or downtrend. However the sentiment just now appears to be bullish as the last 4hr candle (@10am) has shown retracement. I've entered a long trade with initial TakeProfit @ 55.86 then at 58.17 if the untend continues
Heya all, If you have not done so it is a great time to exit your USDETH shorts until further notice. It looks like the worst of the storm is over, and there is obvious buying pressure in play but I will not be too quick to jump on that train just yet. Overall, my sentiment is that ETH will bounce to 220 level and perhaps beyond too, so my position currently...