I believe EURUSD is reversing as it formed its first higher high within this consolidation range. ADX was not bullish during this move, however structure was broke. I will look to capitalize on any breakout. I have a zone marked at the bottom of the zone as the daily has formed two bullish reversal candlesticks along with volatility at support. Currently price is...
After an indecision pullback to retest a 4H bullish engulfing, I took a long position based on the higher high and retest of the 30MIN. I'm taking long positions based on the 23.6 retracement of the daily chart. I expect for price to continue to make higher highs as I believe this uptrend is still strong.
Ethereum has some big swings intraday but multiple timeframe analysis suggests its not mere noise. Price is testing a weekly bullish reversal pattern. Its best to be patient and allow this minor downtrend to cease and form a newfound support level. If an uptrend begins at these lows, Targets could be steep considering where the potential neckline is if a double...
The 4H retraced to the 23.6% fib and provided a hammer which is why I wasn't hesitant to sell, even beneath the trendline. Upon the 4H close and hammer. Price immediately progressed bullish to create a strong higher high, broken correction trendline, as well as ADX mixing in to provide confluence. Intraday the 1H timeframe is a clear opportunity to go long on this...
high is moving in a strong trend if it will breakdown its going down
USDJPY is very bullish. Its so bullish I believe that another 23.6% retracement is available. The daily retraced to the 23.6% Fibonacci. After an indecision candle, price formed a strong bullish engulfing. The 4H has given a strong signal that should grab our attention. A correction trendline has been broken with a lot of volume, the moving average is relatively...
Ethereum is on its journey of creating many higher highs along with bullish reversal candlesticks to initiate the move. The Daily has retraced to a key level on the daily chart. This is our first signal to go long. A morning star on top of structure and support. The 4H chart will inform us on whether price is still retracing bearish or if its time to get in long NOW.
I mistakenly took a minor break of structure and a moving average crossover as a reversal trigger when in actuality it was simply the warning. The trigger is what is presented currently. This 4H clear higher high on our home timeframe. This is trading 101. Simple higher high along with TDI. The daily makes sense as this bullish push is all apart of the daily LOWER...
USDJPY may be slowing down in pertaining to bullish momentum, but a few other things need to happen for a short. A correction trendline has already been broken which is the first sign. The following must occur on the intraday 4H timeframe for me to short. I need to see a Lower low along with the moving average crossover to the downside. then a retest to the...
check previous post about Trap trade given in my last post BINANCE:HIGHUSDT.P
I decided to go long on gold immediately after receiving a reversal candlestick at a low on top of daily support. This candle also provided bullish volume after breaking a trendline and creating a new high. Price is now on the buy side of a strong trendline as well as the buy side of a strong support. I look forward to adding an entry upon a reversal candlestick...
USDJPY has been uptrending rather strong for quite a few weeks now. Its common that you'd like to go go against the trend, however, the only way to learn how to trade reversals is to trade them. Price presented a volatile shooting star for the close of Thursday. (4H). The daily had some wick action also. The 1H had a moving average crossover to the downside before...
H1 - Higher highs. No opposite signs. Currently it looks like a correction is happening. Until the two strong support zones hold my short term view remains bullish here.
I believe that now is the best time to get inside for a countertrend bullish move. Gold is in a downtrend since reaching its all time high. Intraday I will spot higher highs with strength and momentum. The prior higher high was fairly strong. Price retraced to the 38.2 then began giving bullish reversal signals. My target is the major 38% retracement of a daily...
Bitcoin broke out of an odd range of consolidation only to create a beautiful consistent uptrend. The TDI on the 1Hour chart is very bullish also. Structure and clear breaks can be seen on the 30min chart which is why I'll be entering from the 15min. and holding until a daily level is breached. Price is pulling back with indecision which is excellent as well. A...
I believe it's time to counter trend trade this pair. I plan on counter trend trading this pullback(retracement) of a daily lower low. TDI was too bearish on the 4hour chart from me to take a long position on Friday but now, all signs are clear for a buy upon a reversal signal at re-test. The swing high is around 1983.27 the swing low is around 1958.15. the...
Hello Traders👋🏻 On The Daily Time Frame The USDJPY Price Broke The Higher High If Price Stays Above The Key Zone, USDJPY Can Create New Higher Low and Continue The Bullish Move 📈 ----------- TARGET: 136.812🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
I'm currently long USDJPY at 134.737 and 134.892. My target is 138.700. I'm looking for any opportunities to scale in additional entries to capitalize on this massive move. There is excellent 4H bullish sentiment as TDI suggests that price is still overall bullish. The Daily is pushing for structural higher highs. The 1 hour timeframe is clearly in an uptrend and...