See Signposts for key price action details
Reasons to sell Strong resistance level at $1.90 - $2.00 currently being rejected once again with a 4th touch. Looks like there was a fake-out move around the 23rd-24th March with price breaking out of the strong resistance level previously mentioned. Weekend (saturday) and nearing end of monthly candle closure where a correction usually happens Reasons to...
Based on Daily timeframe, I found out a fake out. So possible, for uptrend continuation, I'm looking at left support for possible strong buyer re entry (retest). So I'm looking at possibility for price to move up until nearest strong seller (buyer fake out).
I think this is a fake out. Buy the dip Going to new highs Thanks
FX:GBPJPY Looking to run shorts on GBPJPY, we have now seen a breakout of this trendline, daily is starting to show signs of a slow down. I am holding longs on GBPJPY from 135.00, 140.00, 145.00 & 150.00 so this is why I am allowing myself to take some risky shorts. If my shorts get stopped out, then I just hold longs, win-win
Buy zone made from Rally-based-dropped with engulf. Condition supported by same level of support near to demand zone and TP to King Supply Zone
ADA looked like it was reversing to the upside A few days ago. However mind had changed when I started to see a continuation triangle forming clearly pointing to the downside, after repeatedly failing to break through 1.143USD. ADA recently broke the continuation triangle to the downside only to be saved by BTC and the other alts rising in price simultaneously....
Hey tradomaniacs, And once again we see a potential FAKEOUT in EUR/USD and so DXY (US-DOLLAR-INDEX) below the significant demand-zones 👉 Remember? This has been our long-entry this week! Equities have re-tested the lows of the asia-session, which also a reason for the current harsh moves down in majors vs. USD. These retracements are not usual in a healthy...
Hey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! AUD/USD: Daytrade-Preparation Market-Buy: 0,78450 Stop-Loss: 0,77900 Point of Risk-Reduction: 0,78935 Take-Profit: 0,79990 Stop-Loss: 55 pips Risk: 0,5% - 1% Risk-Reward: 2,90 LEAVE...
Bitcoin bounced twice at the second Bill Williams Line. Now its going to fakeout at 55.000 dollars and then continues to correct till 42.000_45.000 dollars. After the retest Bitcoin will continue the run to 80.000 till 100k.
AUDSGD after trade hitting breakeven, market has gone for a stophunt for the second time collecting the liquidity from the short sellers and also inducing buyers into the market, now we have closed back below the descending triangle and the W formation on the daily timeframe can easily still be completed at the neckline, if we close back below support we will re...
If you look at my previous related idea, Bitcoin broke the first triangle upside and it doesn't seem to be a fakeout at the moment. Bitcoin could form a potential rising wedge giving an opportunity to play both short and long for swing traders and scalpers or DCA for holders. It could recover 42K this month and breaking a new ATH around 45K if February performs...
I took way too long to make this and now I have no time to explain. So, for your viewing pleasure only. Good luck trading! 💪🤑🚀🚀🚀🚀
Hello Traders! GBPJPY completed its structure. Below we can see the strong bullish movement. After that, the best thing is to wait for a corrective movement and sell to the first support. We can see some fake patterns. Fake pattern helps to trade more easily as we know the exact patterns. The target must be the first support after the bullish movement.
Hey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/CAD: Swingtrade-Preparation Market-Sell: 1,28345 Stop-Loss: 1,27890 Point Of Risk-Reduction:1,26815 Take-Profit: 1,26100 Stop-Loss: 55 pips Risk: 0,5% -1% Risk-Reward: 2,25 LEAVE A...
Here I take two previous, patterned moves from 2017 and fit to current structure (fractal around June 2017). This gives me the ability to approximate its growth or decline over the next year. I then use these two situations to plot a general trajectory (dotted line). Finally, I estimate the curve for the 21 week moving average. I foresee the possibility of a drop...
Key details in Signposts. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide...