HBAR has been trading inside a bullish channel for over a year at this point. This trade assumes that the channel pattern will continue to play out in the future. I'm waiting for more bearishness for this token. Ideally, we're going to move down towards the bottom support of the pattern. Placing an entry at the support, SL below the June lows with a target at the...
Short position I took on EURNZD this week for a breakeven. All details explained in the video, some key details on my reason for management and also the timeframe usage to ensure I was executing according to my plan.
currently gold is trading in a bearish wedge pattern n D1 chart.Also it has been reacting for the 1910-1912 very strong resistance and the EMA 200 was supporting for the rejection the situations like this what we can expect the higher rejection to the upside is possible .if gold trade above 1920 and behave steady above that area will move gold to 1929-30 strong resistance
This can be a potential triangle pattern. It is drawn two lines between the strongest and most recent reaction zones. I think the price will bounce back up to create a third touch in center where the two lines crosses before making its way down in the major trend.
Hello traders! In my opinion, the xau/usd pair is a buy because the price has broken the neckilne and we are waiting to enter trading if the price breaks the level of (1094.50) with a target of (1933.80) and 1961.00. Don't forget SL (1885.00) Wait to enter the trade! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK...
We have almost the quantum-harmonic-pattern. B: 61.8-78.6% C: 38.6-50% D: 224% This entry, is only valid for 3 trading days. Buy limit at 1.08119. SL: 30 pips TP: 30(move SL to BE), 60 pips. Risk: Small accounts: 0.01 lot Big accounts: 0.1/1 lot
RIOT has had a downfall in the past month on the 1H chart. The crypto market had a resurgence and is now in the dog days of crypto summer. The MACD shows some bullish divergence. The volume profile shows most of the buying was in the 16-17 range. RIOT is far below that with relative volume voids in any movement back to that level. I see this as a long trade...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Microsoft💪 On the monthly timeframe you can see that Microsoft stock once again retested the previous all time high at the $340 level and once again rejected it towards the downside. You can also see that after the recent...
If you enjoy this analysis, please give it a like and a follow. KCS has been falling since late 2021. The token held up fine initially, but the real pain started after April 2022 where it started trading a lot weaker compared to Bitcoin and BNB. This prolonged period of bearishness and relative weakness has most likely to do with drying up volume on all...
Breakeven taken on EURUSD last Friday, very happy with the management. Full explanation in the recap. 🧠Emotional Log --- **Pre-Trade** I understand all the confluences within my thesis, I accept this risk as I know if it is a loss I clearly understand exactly why I took to the trade. My stop is protected and if price takes me out there is a chance it is...
If the price of XRP goes up then this talking point is moot. However, if XRP continues to consolidate then any buys below the RED LINE and above the GREEN LINE are a good buy. Any buys below the GREEN LINE and above the YELLOW line are a great buy. And any buys below the YELLOW LINE are a fantastic buy! Don't put all your eggs in one basket, and don't fill the...
Two pairs on watch this morning, USDCAD & CADJPY. Similar plays but crucial differences in WHERE price has come from. Stay sharp.
✅NZD_JPY was going down But then the pair established A double bottom pattern at 86.39 And upon a rebound broke the Neckline of 86.82 so I am Now locally bullish biased and I think that we will see a Potential move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hi traders ! As you see in high timeframe, we are in a Descending channel(red lines) ! Now at the top of this descending channel, price formed a price action pattern ! triangle ! now we expecting more downside after a pullback ! be notice that this pullback can appear as a trading range ! good luck ! ;)
SAND is weak. No reason at all to look bullish at this token. The bearish triangle on the chart is taking shape very well. Some more red days and we could break out of the bearish triangle. Please wait for the break out to confirm with the price closing below 0.325 on the daily chart. My target is the 2021 lows, which could be the bear market lows, we'll see by then.
A long position I took on EURJPY this afternoon. Risk was managed but taken out of the position for a breakeven, nowhere for profit to be locked in using structure however I am very happy with the decisions made throughout.
TVC:DXY When separate ideas overlap for a confluence direction, the potential is huge