- Break in market structure
- .705 retracement
- Pivot level retest
3 factors for a nice 3.5 R/R setup right here, with a stop below previous low, worth playing with decent risk management.
We're currently into a daily resistance block, and since we still haven't bounced hard off it and are proceeding to make higher lows, on lower timeframe, we can assume that the buyers are trying to push it through that resistance eventually.
Target is based on the weekly + daily resistance blocks.
Two possible strategies for the target of around 5627 to 6400...
This current retracement lines up well with the fibs (just under .705), successfully tested 4H(red) and 1H(gray) bullish orderblocks for support, and seems like it wants to make some higher lows.
All somewhat good indications of a possible move upwards.
Next step would be breaking the yellow pivot line and establishing support on top of it beofre attempting to...
Here is my aggressive entry for EOS/BTC. Don't forget to set that stop loss! Also, please let me know if you would like me to look at any other coins in the comments. Thanks and good luck!
This is an example of a trade with aggressive entry on an ascending triangle.
Trend is up and this technique takes both that and the psychology of the pattern into consideration.
SL just below structure and targets up in higher TF structures.
Great R:R but keep in mind that this IS an aggressive entry. Alot of traders, including myself, would like to get more...
MYGN is setting up a long term H&S. An aggressive sell option is triggering today on the close below the old pivot low with the stop past the head. H&S will not trigger until a break of the neckline near $27. Aggressive right shoulder buy and sell's fail, but the greatly increased risk/reward can help offset.
Here we broke through the lows, that confirmed that this sector is weak. So here is a simple setup. I want in if and only if we have a lower low , immediately XLP makes higher highs , I would be wrong.
(Aggressive Trade)
Double top Sell opportunity for the week ahead is highly possible.
Past Week (26/02/18) : As we saw in the past week the EUR/USD pair had a volatile week due to the choppy price action, hence why i jumped out my trades in small profits and just observed the moves. Coming up towards the end of the week we saw a strong bullish move as price...
BTCUSD HOURLY COINBASE
Hey Followers here is something special just for you.
BTC is on another tear and pullbacks for entry have been hard to find, but right now we have a very good one.
It has recently broken the $11,000.00 (Red Horizontal line) level, then pulled back to retest (Hit) the Horizontal line. This the start of is a classic ABC pattern, Advance...
Struggling on the 38.2 Fib level.
Break and retest of the trendline.
4h Downtrend.
Daily Uptrend but with a Bearish engulfing.
Struggling on the 50 EMA.
We can execute a "Sell/PUT" trade right after price respects the Trend line. we can take 45 minute trade if we be aggressive. If we're non aggressive, then we can wait until any pinbar, engulfing or doji confirmation then go for a 1 our or 1 our and 15 min "SELL/PUT" trade.
GBP/AUD are bouncing strongly of the weekly trend line. The price itself is trending a little bit higher on a weekly basis. This is a trade with pure price action and simple trend line, no other indicator is used in this analysis. This is an aggressive trade if you wanted to follow. Entry price varies from your trading timeframe. But I'll suggest the SL should be...
This seems to be a setup with crazy R:R. Willing to risk 30 pips for 90 pips on the upside. Not gonna bore you with the exact numbers on this minor pair but i definitely would say take a look for a possible trade! As always tell me what are your thoughts! Happy Trading!
H4 - Price is moving inside a range.
Currently the price is at the bottom of this range and we can look for buys as long as the range holds.
Two possible ways to enter this trade:
Conservative (H1) - Enter after breakout of the trendline.
Aggressive (H1)- Enter once a bullish candle pattern forms after the divergence completes itself, which will also complete...
H4 - Price is moving inside a range.
Currently the price is at the bottom of this range and we can look for buys as long as the range holds.
Two possible ways to enter this trade:
Conservative (H1) - Enter after breakout of the trendline.
Aggressive (H1)- Enter once a bullish candle pattern forms after the divergence completes itself, which will also complete...
Pretty simple.
W/ Quad bottom with lots of wicks at the 61.8.
Unmatched bullish volume.
Aggressive TL break and close and retest soon. That's the entry.
