Possible Momentum Reversal of the higher time frame established downtrend. Counter trend in nature and only enter upon confirmation.
Intraday trade for quick profit only.
SL: 108.884
Entry: 109.139 - 109.018
T1: 109.439
T2: 109.742
Move SL to Entry when achieve T1 if trade engaged and moved according to analysis. If price moves to the upside from current...
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Volume is everything. Tradingview does not show the full volume of SNAP compared to other charting packages. It may be best to watch our youtube video here to see the complete volume explanation.
youtu.be
In a nutshell, SNAP is overall still in a downtrend and is giving up the volume...
Hope this idea will inspire some of you !
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If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that...
Hi guys,
i've been looking at this pair often lately, and i'm still looking to sell this because i think we need to see a relief rally before eventually continuing to the upward direction. At this moment, we're testing a very strong resistance level, both weekly and daily, and we're doing so in overbough condition (heavy overbought). On a lower timeframe, such as...
Hi guys,
in front of you, there's the hourly chart of USCHF. The yellow box represents a daily level of structure that i've pointed out in my higher timeframe analysis; this is also associated with a strong overbought condition (more than 7 consecutive green candles on the daily) and a divergence on the 4H and 1H charts. In this case, we also have a double top...
Hi guys,
in front of you, there's the hourly chart of USCHF. The yellow box represents a daily level of structure that i've pointed out in my higher timeframe analysis; this is also associated with a strong overbought condition (more than 7 consecutive green candles on the daily) and a divergence on the 4H and 1H charts. In this case, we also have a double top...
Dear traders,
Look at the chart for more information.
Recently we have been pushing up, creating a valid bullish trend, we are now looking to get involved, trend continuation as well as counter trend trading setup.
We expect to see some reliefs from buyers stepping in and sellers taking profit from the previous downward move.
We are looking to get involved in...
EURUSD has been pretty ranging, in fact, it is moving into a sideway consolidation on the Daily Chart. Spotted a Counter Trend opportunity that leads up to buying opportunity once the final take profit level is achieved.
EURUSD will be in my radar till it broke the Daily Chart Consolidation
EP: 1.2376
ISL: 1.2420
TP1: 1.2314
TP2: 1.2238
Follow me on twitter for...
Please look at the chart above for more details.
It's an intraday setup on M15. If the price move on a fib entension level while touching the RSI 30% that will create a divergence set up.
If the price break all levels at the same time the set up invalidates.
We have a massive Bat pattern that has just completed on EURAUD. The problem is that it's completed on the Daily Time Frame. So in this video, we cover how you can use multiple time frames to reduce your risk and still take advantage of the potential move.
Expecting a move down to support near 1.36000. Counter-trend break imminent on 1h now that price has broken longer term trend and pulled back up into resistance. Price may stick with the current trend a little longer to sound out higher resistance before breaking down and making a close below current minor trend and 50ma - providing a short opportunity.
