As you have all seen the market is going back and forth through the treandline resistance and the strong support below with the previous candle formed on the last support which is doji candle it is giving a slightly high chance of reaversal but I don't think on the D1 timeframe i would Respesct that support since it broke it once but if it does break it we are...
A bearish butterfly pattern is so close to being triggered, for this trading setup, a bearish engulfing candle is required to show at Point D before I look for any shorting opportunity, the reason for that is because the movement from C to D is pretty much a single direction(persistence upward movement). Don't just trade blindly, look through the candle movement...
Any feedback on how I could have made a better analysis is welcomed :) Thank you
If you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis. Welcome back for some more chart analysis practice. I found another trend continuation...
A very nice reversal completes at Point D, waiting for a check back to engage the trade. For a 15-minutes chart, it doesn't give a great Reward:Risk(RRR)
JULY 07 -bullish crossover about to happen in MACD, RSI -gaining strength. -sustaining above 50 ema. -entered the trend channel again with increasing volumes. TARGET 1 --2480 TARGET 2 --2600 STOP LOSS -- 2270 **These are my personal observations. Please trade at your own risk.**
JULY 07 All indicators are positive. huge volume build up. crossed previous resistance levels. TARGET 1 550 TARGET 2 580 STOP LOSS : 480 **These are my personal observations. Please trade at your own risk.**
By 14:00 13Jul2020, if the price has not hit 78.29 by then the bullish bat pattern is invalid. A retracement back into the sell zone(red-box) with a candlestick confirmation, I'll be heading in for a shorting opportunity.
I'm waiting for a retracement back to 121.52 for a shorting opportunity, this setup gives an opportunity to stretch our target and provide a Reward:Risk (RRR) up to 4:1.
Seldom I post a weekly market analysis on a 15-mins chart, but this is important. As the market didn't break and close above 107.87 on the daily chart, I'm waiting for a shorting opportunity. On the 1-hourly chart, we only have a sell-zone and M15 we have a bearish shark. I'm waiting for a candle confirmation to engage the trade for a shorting opportunity.
Waiting for a retracement back into the right shoulders and not to close above the right shoulders for this to be a valid trade. There are some combos play out the opportunity for this trade and let's see how this pans out.
If you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis. Welcome back for some more chart analysis practice. I found another trend continuation...
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: WIN /USDT T/F: 1HR LENGTH: MEDIUM ENTRY: 750 TP1: 763 TP2: 780 TP3: 824 TP4: 862 TP5: 915 SL: 721 NOTES: - TP 1 & 2 are key resistances to break to unlock the larger potential - 3 support rejection candles - New trendline breakup -...
Current Price action doesn't fit any of the strategies that I trade, but here's what I think. For price action to pull into the highlighted region of the 4 hr highs and fall from there. This bias would go hand in hand with the AUD weakness show across other currency pairs, and the USD strength. HTF: PA has pulled back to where we were in Dec. 2019. Back to...
Hey guys, here is the trade plan for NZDJPY. As you guys can see we have a resistance level @71.565 and now we just have to wait for the price to come to our sell zone. For trade entry details, please refer to the chart. Let me know in the comment section if you guys have any questions. If you guys like my analysis please hit like and follow. Thanks.
A head and shoulders setup on the GBPJPY with an RSI Divergence. Once the market opens, I'll wait for about 3-4hours for the market to settle down before I head in for a shorting opportunity. While it all looks good, a candle confirmation is still required.
A bearish bat pattern on the 1-hourly chart, although it is higher than the daily resistance level I'm spotting at 107.87, it is still a great setup and this is why. On the 1-hourly chart, the market can touch Point D, shows a bearish engulfing candle and close below 107.87 before the daily candle close.
I'm waiting for shorting opportunity on EURUSD, is kind of a laser point focus for this pair. I've 2 trading opportunity right here for the setup. Shorting on the resistance line with a bearish engulfing candle and retest back to the resistance line to short or a Bearish Gartley Pattern setup with candle confirmation.