Hello everyone, I invite you to a quick update of the situation of ETH to USDT on the 1H interval.
As we can see, we have formed a Rising Wedge pattern, which unfortunately is characterized by an exit from the bottom.
We can use the current situation to play the position, for this purpose we will mark the Stop Loss at $1618, which should be taken into account...
The market is finally breaking down! We had another short entry at 405 which is discussed in my last video; if you aren’t already in a short- its best to wait for a entry. The market WILL go to 360s however your entry needs to be on point otherwise you will take a loss on any small move up on the way down!
In this post we have mapped out all of the major key levels to watch over the coming weeks for EURUSD.
They comprise of Monthly, Yearly & Structural Major Key Levels essential for price action in EURUSD charts. For any new followers, you are able to use these key levels to guide your trading decisions and watch for how price reacts to them in order to place...
Missed this entry
I wanted to get a confirmation on the LTF, on the 15m or 5m, but never got what I needed to see. Waited for a retracement to an area below lower but the return came outside of my trading window and it also didn't have the confirmation I was looking for.
bitcoin is approaching the point of good entry.
based on fibonacci and static support , it can said bitcoin is completing a pullback and the could be the lowest price of bitcoin and after that it will start to increase in price.
This liquidity seems too much perfect to be true, but it fits with all my thursday rules and im overall confident about the trade, i wrote some notes for you to see in the charts, i took the trade personally, im confident about. regardless, trade at your own risk. risk managment is key.
I wrote the instructions in the chart, make sure to wait for retracement, SL at the high and we target the sellside liquidity, you can also target tuesday low if you want but make sure to take partials along the way.
This is a low risk scalp long opportunity for quick scalpers. Stop loss shall be below green zone area and take profit 1 and 2 shall be at red zonee or 2:1 reward to risk ratio.
Disclaimer: Not a financial advice. Trade responsibly.
A well established bullish trend on the lower end time frames has formed giving a strong opportunity for an entry here. Both volume and the RSI's are lower indicating a good time to enter in line with the trend. We have entered long and will look to capture 50-80 pips from this 0.69300 level. Good luck