Another breakout pattern happening on the chart, amidst speculation about the Fed raising interest rates. The swing high we saw today, Is most likely at an end, New York just closed and price peaked at a resistance / supply level. Generally speaking, higher US interest rates mean "stronger" Dollar in Forex. When paired with the struggling Euro, it most likely...
Reasons to take short: ⭐️ BTC rose a lot, pullback is needed ⭐️ Slowly squeezing to the level ⭐️ Impulse was too sharp ⭐️ No power to update local high ⭐️ Volume left the coin ⭐️ 40 ATR ⭐️ Under VWAP Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just...
This is one good algorithm from a YouTuber, these trading indicators are easy to use, but if you use a strategy like this you could have big returns.
GBPNZD alert has just presented. Reversal trade identified and entered. Trade is moving already. Working 20M timeframe. Trade details can be found on the chart in red label. Trade box is tracking the trade. Fancy knowing how I identified this trade you know what to do. Thanks for looking Darren🙌
When support finally broke @ 1.035-1.04 the Euro nose dived harder than an Al Qaeda pilot. I think its safe to say that structure has broken since then, and it looks like we could see that gap in resistance targeted this week. Horizon , my automated strategy, is currently in long as well. That gap needs filling, and I'm going to be the one to do it 🦸😎💪. Good...
Horizon entered short right around current price. It looks like an inverted H&S is forming on the 10 and 15 too. This is would be a strong bullish signal. Let''s see how things develop during the NY session.
Horizon says go long, this is trade #2 of the forward test of my new strategy
Algorand is bouncing off the Fibonacci 0.5 level and bouncing off the support level. Bullish trend is likely to continue and reach the resistance level at 0.377.
This strategy is hard to post because it's market specific and relies on high resolution charts like the 5 and 10-minute. That said, Horizon has been able to turn well over a 150% profit in just 3 months trading EUR/USD . Risk is just 2% of account balance and the max draw down is just under 9%! Growth is very consistent! This strategy is currently in short...
Bought some $ALGO at $0.326 for inside my spot bag, the white line stands for the MA 50 which crossed the black line what stands for the MA 200, which means a bullish segment could come in the future. This is the first time on the 4HTF since 24th of March. Also the white cups are a conformation of higher highs/lows which means a uptrend. The green levels are...
This is a simple setup for algorand position relative to BTC, ETH and USD It appears that ALGO is now threatening ETH, as we are hovering dangerously close to upper channel. With regards to BTC, we are also in the same position. If Algorand receives any additional catalysts from events, we could see a strong relief rally. Based on Inverse Prices action in USD,...
Algorand bounced off the lower boundary of ascending channel. Bullish movement to resistance area at 0.323 is possible.
Not looking great at the moment as the market is taking a huge beating. Good news here is the massive Resistance at 0.3173 It allows us to look for short entries. Remember: you shouldn't be trading if the chart makes no sense. This is a 4h chart but the levels are drawn carefully from 'far far away'..they are strong Support turns resistance and vice versa....
Algorand bounced off the resistance level. Asset bounced off the descending trendline. Bearish movement to support level at 0.284 is possible.
I mentioned earlier that I missed my entry this morning, but this is how my trade would be progressing. This is the "trend mode" setup to my automated strategy I'm working on, I rely on the alligator as well as a slow and fast ma with dynamic profit targets (in pips) projected below the fast average. Entry comes when price is within 20 pips of the jaw line. In...
This is the third iteration of this pattern, and it looks too obvious, which actually makes me nervous. I don't like that the Gator is crossing the slow MA, I like to see it below the MA, because that's usually my last line of defense for my short setups. I overslept this morning and missed my entry, but it'll still be interesting to see what happens today, looks...
AlGORAND #ALGO idea 28 June 2022 - Algo could possibly dip down to the $0.17 price range before regaining strength
🔥Subscribe to the channel, get notifications about signals!🔥 #ALGO ▪️There was an increase of 13%, now the indicators are overbought, which indicates a possible correction. 💎In the near future we will correct down by about $0.3