HSI future forms a wedge making me bias to bearish. Today, it breakouts the previous swing high, EMA50, and a mid-term downward trendline, and immediately drops below, expecting to close as a pinbar. A classic false breakout setting with 5 conflence factors (also considering the fib retracement, and the long-term resistance). A 2.5 risk-reward trade will be enter...
Hi traders, today we have Monday, the first trading day of a week. I went through almost 1000 markets over the weekend and picked one market, which is in my WATCHLIST for the upcoming week ( in total there are almost 100 markets ). Why did I choose GARMIN ( NASDAQ:GRMN )? The answer is simple - we have plenty of educational material there : - Volume...
XAU/USD goin bullish momentum but reducing bullish power you can see it pinned pattern example .sellers try in to blush momentum short selling .finally triple bottom made price push price down one a short selling coming after reject continue trending move is it fib level .im guess.
Long Term Short on GBPAUD. The confirmation signal has already been provided by the Pin Bar on 50EMA.
Gold is likely to return to 1,700 after the 23% Fibonacci retracemen, which is an important resistance area.After that, it started moving towards the support area of 1633-1640 which overlaps with Fibo38%.
Just look at that weekly candle close & tell me why you want to be long on Gold rn??
Sell the Fake move after pin bar has been formed after Asian consolation!
Hello traders, very strong support level raises our chances for a profitable LONG trade in the FACEBOOK market. NASDAQ:FB If you connect these points together, you will get the whole picture, what's happening in Facebook: PINBAR TRENDLINE POINT OF CONTROL ZONE VALUE AREA TRADING RANGE During this rough time it is difficult to follow the trading plan. BUT...
Hello traders, many support lvls in the NASDAQ:AAPL market raises confidence to enter LONG trades. We analyze the graph using very sophisticated tools - Market profile, Volume profile and well-known and typical Price Action. BUT! Even if we analyze everything beautifully, it does not mean that it will work out. Keep in mind that coronavirus causes panic...
Look for short opportunities for AUDCHF.
Hello Traders ! Today we will have a look on EURAUD. Kind of a nice setup. We pushed down from a h4 Supply Zone and the price formed a new one. Now we got a pinbar which could lead to a nice correction in order to grab more liquidity. Pinbars: This kind of Candlestick is made by the banks because they took profit of their trades. Therefore most of the time...
I’m sorry, for so late analysis. I was entered on: 1.1615, but didn’t have time to publish idea. Any way I suggest price to go down to the STRONG SUPPORT/TREND Line. So, the reasons: 1. As I said, Price is going to the STRONG support/trend line. 2. Price made a little bit retracement, and made a 4 hours pinbar. SL: 1.1700 TP: 1.1150 Let me know, what do you think?
I believe this yearly chart shows the worst case scenario facing ETH holders, which involves price decisively breaking down from the bearish pinbar that formed on the yearly candle in 2019. If this pattern plays out then the next major support doesn't come into play until around $40-50. That is about 40-50% lower than the lowest price that was hit in the epic...
The reasons: 1. STRONG Support Level; 2. Price get the minimum from 2009; 3. We have Pinbar on 240 min; SL: 62.600; TP: 65.700 but if in the end of the day we will get Daily Pinbar, we can change TP to the: 67.00 and more... Let me know what do you think?