In my last analysis, I was a bit devided by the price action of Bitcoin. Bitcoin broke in and out of its triangle whether it was bullish or bearish. We spotted 2 false breakouts on the downside and one on the upside. When the price was at the support line of the triangle, I said that Bitcoin had a 55% probability to rise to resistance and possibly break it. Right...
Last Friday price action still favored the story of supply absorption pending rally up to test the all time high. Narrow spread together with decreasing supply could justify this bullish scenario. Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 17 Aug 2020 trading session. In this video, I am going to show...
price broke out and failed to close above the previous structure which give us a signal to go short.
In de post van gisteren zei ik dat het waarschijnlijk is dat Tesla naar de support van 900 usd zou gaan om twee redenen. 1: Tesla brak bearish uit de descending triangle. 2: De prijs zat onder de 21 ema. Wat nu echter is gebleken, is dat Tesla vandaag hoger opende dan de close van gisteren. Vervolgens zit de prijs boven de resistance van de 21 ema en de triangle....
LTCBTC has found a bottom over the daily structure. Market has attempt twice to break above the range but so far has been rejected. IF the market will mange to break and close over the structure we can set a nice long order according with our strategy. Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis , please comment below if you have any...
We've got a turtle soup pattern AND Friday closed with a --close to perfect-- bullish shaved top candle. And all of this went down, and changed power around the support resistance, I have been mentioning for so long, 1315. Bullish shaved top candles, is most often followed by a smaller pullback in the next candle or coming coming candles. But it is a very...
GBPAUD on the daily chart the market found support at the bottom of the ascending channel and attempt once to break it. The market on 4h chart has been side ranging inside 2 structures and currently breaking to the upside. At the restest of it we can set a nice long order according with our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical...
if the trend line broke it will reach 200 ma ...
SET has been consolidating now for a while, hope you haven’t been greedy and has taken out your short term profits, since early June. So what happened today? Did SET fool traders, with a false breakout, or is it simply retesting the breakout? Well, if we tomorrow get a Gap and Go, it could be a bullish ride worth to follow for, a while. If today’s pattern of a...
hi, this is trade 85) frm haidojo trading. fcpo-oct has emerges and becomes the new active month...so if you have traded fcpo long enuf, u must know then onli trade the third active month...the resistance 2560 has officially not broken yet...so we wait for : 1) IF the price move back to retest the 2560 and failed, THEN we have a Double-Top formation, indicating...
CHFJPY looks like it made a false break down + there is opportunity for a bigger up swing . I'm bullish as long as hourly candles close above 113.5 area . best of luck
Looking to buy XAUAUD near support zone . Staying bullish unless candles ( hourly) will close under zone A
this is trade no 78, an added info to the same fcpo chart... introducing a breakout killer - "false breakout"...today false breakout has yet shown its ugly head again...if you trade a breakout strategy then you need to add extra filter to eliminate those bad trades...well, I have found one...hehehe...let's share yours if you got one...tell me in the comment...
After a false breakout of a strong level, I am expecting price to go down towards the trend line. Let me know what you think!
This pattern again uses pattern / volume profile for a slight edge... 1. condition 1 : market corrects strongly then 'false break out SPIKE lower forming ' Hind-legs' of T -Rex 2. Condition 2 : there is a double top ' bear flag that fails to go down and breaks upwards instead ...but this also fails forming T-Rex body and head; The idea here is that Short trading...
We got a nice pullback on H4 after a strong downtrend. Entry on M15 after momentum shift. Let´s go! Will put my sl at break-even as soon as 1:1 RR is reached, close 50% of my position at 1:2 RR. Best regards, Becker Investments
Solid fundamentals with breakout potential! Regained the entire pre-Covid decline!