ETH has produced yet another bearish pin bar which could produce the next leg down in price. This pin bar formed when price attempted to rally but the rally could not be sustained. There have been a number of bearish pin bars in ETH over the past few months on both the daily and intra-day time frames, from which a number of have produced large selloffs. I point...
The graph is very very slow but we got that short position. Slowly but profitable!
GBP made some really interesting moves the last two weeks. Anybody who is familiar with the Elliott wave Theory was expecting the final push to the upside. We now have finished the 5-Wave structure to the upside, which took place since September. The Brexit is pretty clear right now and UK will face some macroeconomic difficulties. From the technical perspective...
Eurusd SELL. In my opinion*** 3 confirmations 1- pinbar Other 2.. Hint* support and smaller time frame
At least we can touch 0.618 by Fibo. But this on daily pin-bar 06.12 tells me that pressure from buyers exists.
Elliot wave analysis top of 5th wave of 5th wave. Bearish pin bar adds to confirmation. Cycle lines added to project correction over next 10 years. Have fun:)
Hi guys and gerls Just to warn of a possible change in a game plan on a 3D chart $BTC esteblished a beautiful pin bar , which now price came down to retest bears are strong because price been pushed below the trend line uet the horizontal resistance of 7465 bull have got supporting PIN on a 3D I closed my short position from 7300 at 7140, not gonna play...
BUY euraud. there is a pinbar below. it will go up. very less chances to hit stoploss.
STRATEGY: S&R Trading Strategy (1247) Analysis 1D: Price still moving inside a well-defined range 1H: Looking at 1H TF, a Hammer was created and it was followed by Bullish Engulfing which act as our ETs See previous post for more details: Action Item(s) - Scale-in as necessary Note: This post is for my personal journal/personal opinion only. Please trade at...
Good afternoon ladies and gents, update on btc. Sadly enough if btc fails then so will the rest of the alt coins. It is absurd how fast we hit that 6800 support. I wasn't expecting us to hit it so quickly. You had 1 hour bullish divergence play out last night and you tested the .382 at 7700 before rejecting that to lower prices. That is absolutely disgusting. But...
USDCAD has shown brief consolidation at the long term downtrend line before providing a bearish pin bar which has lead us to the trade setup where we anticipate it reaching a previous floor that has been bounced up from twice. SL - 1.32636 TP - 1.30558
Price has formed a nice AB=CD pattern. It has rejected the 61.8 level at point C. Take profit could be as much a 435 pips. A tight entry could a very nice risk reward. There for Risk reward of 13.5 or 4.4. A nice rejection pin bar has formed, so a stop placed a bit beyond that is my preference. Currently I can't see any sign of divergence. I have seen a...
USDMXN Pin Bar Candlestick (3.33R) (R-Multiple = 3.33)
Down trend form weekly level last week. I'm try to short +-50 pips below 109.00 Level. Trade base on Technical: -fib retracement 61,80% -h4 pin bar -MA Cross
STRATEGY: False Breakout Strategy/Counter-Trend Long Term Trend Time Frame: 1D/4H Focus Time Frame: 1H Market Condition 1D: Short Term: Downtrend (based on 100ema) Long Term: Sideways Market Condition 1H: Short Term: Sideways Long Term: Uptrend (based on 100ema) Area of Value (AOV) Resistance: 1.32915 - 1.33813 Support: 1.31118-1.30205 Entry...
STRATEGY: Support/Resistance Trading Strategy Focus Time Frame: 1H Long Term Trend Time Frame: 1D/4H Market Condition: Ranging Area of Value (AOV): Resistance (Price at Resistance Zone) 1.47387 - 1.46936 Entry Trigger: 1H: Bearish Pin Bar 4H: Bearish Engulfing Entry Price (EP): 1.46725 Stop Loss (SL): 1.47432 Take Profit (TP): 1.44753 (2.79R) ...