1D XBTUSD chart looking heavy - Edge-to-edge play possibility if this daily candle closes inside the cloud - Tenkan crossing below Kijun (bearish) - Swing failure of range high on the 1D with continuation. Bottom of range isn't showing much support right now
We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Working the 30M time frame on this strategy. We're only looking for TP3. The trade history can be seen at the foot of this trade idea too for full transparency. Lets see how this trade ends up but it has started well....
Entry details are shown on the chart. Working the H1 time frame on this strategy. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. Part of previous trade can be seen on the chart which was a successful short. ------------------------------------------ I try and share as many ideas as I can as and when I...
Entry details are shown on the chart. We're only looking for TP3. Slight retrace on moment of posting this idea so lets see how this one plays out. Trade history can be seen below this trade idea too for full transparency. This strategy is a 1:5 RR but comes with a 28% win rate. I trade a plan based on the available test data to me. That data for this...
I think the triangle pattern is formed at the very important price edge. Therefore, it is predicted that after breaking the upper side of the triangle and retreating, we will climb to the next edge of the price. The reason for the importance of the price edge is that it has been touched many times in the past Also the bottom diameter is a triangle In addition, at...
The price has formed a triangle shape and is at the edge of breaking out. Price is expected to cross and test the 50EMA before trying to close the 200EMA gap.
Scenario 1 : Bitcoin price is on the edge of the trend line. As buying volume slowly lose momentum and longs positions are falling too.I expect that trend line will broke and price will hit at least one of the two FIBO levels which show us zone of support 52.400, here i set buy 60% of position because this price also in the past act as resistance.Next stop is...
As you can see gold has broken out, and I took a position after 1st 4 hour candle. The break out happened on good volume. This is a very simple set up. It doesn’t get much easier than this! Written with assistance of Grammerly software
Looks ready to move up if it can clear this VPOC. Doesn't have to fill the gap to make this a worthwhile move.
it seems we are very close to the end of the triangle. my angels say it will fall to $5800 soon.
Hello traders, My observation is that the resistance level worked well. Rough target at the box. Price might not come to my entry level, but that is OK. Here we just need an entry as close as possible to invalidation(stop) level. I expect current market conditions to be choppy. Opportunities come and go, I pick the best R:R ones. My ideas are for entertainment...
Nice little channel one 1H. In the ichi cloud so possible e2e. 2R trade. Let's see if we get it.
There is no one clear definition of price action. It can be as simple as "Every tick on any given chart, of any given market." However this definition is too broad and does not adequately describe the term. A better definition is "The collective result of buyers and sellers entering the market for any logical reason, which together create reoccurring patterns that...
Our AI is able to process Multiple data entry points and it currently points out to USD/CAD Short Sell Position With The Above View
Lesson 4 Know what you want in the market Contrary to what most believe, successful traders do not actually trade constantly. Attempting to trade constantly leads to increased commission costs, random trading, and compound mistakes. In fact, successful traders spend most of their time doing absolutely nothing! How long does it take to enter an order? A...
Many traders seek consistency through the idea of mastering the markets. They consider them to be logical and therefore can be figured out. They believe with more knowledge of markets and how they operate, they will eventually make a consistent return. And so they continue searching in the markets for a reliable edge, or outside the market for a leader or guru...
We are looking at KEY, with a nice consolidation above the Tenkan in the 12H chart, it looks like its setting itself up for an Edge to Edge trade. This position may last about 2 - 3 weeks for the whole thing to play out, but we will be setting some short term targets, and after that we can just adjust the stop-loss and let the rest of the position ride. Entries:...