Posting for own future reference
RSI is "sell" zone
Price above BB
If today closes red (5.5h remaining), then idea is confirmed.
Same for 3D BTC pair:
Targets: 0.13, 0.11, 0.09 - 0.08. I really don't see it going any lower.
The indicators say "short" but minimize leverage, as this coin has proven to be highly volatile.
Hello,Traders!
GBP-CHF is already growing
Because a strong horizontal
Support was retested so
I think that the price
Will grow a bit more
Buy!
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See other ideas below too!
We've witnessed GBPCHF hit its major resistance and create new high each time. This foreshadows an accumulation of buyers. Entering at such a position allows opportunity to capture a big reward with minimal risk.
-What I really expect soon is a major turnaround that last the entire trend, and of course that can only be achieved with a large volume of buyers....
This is Trading Week #3 (Jan 16-20) 2023.
Data from the past 10 years (2012-2022) shows that Cotton Futures was up 9 years (90%) of time.
Get ready to LONG on Monday!
No trades for me today. I'm waiting for what will happen. I need HH or LL to be formed above Sun or Mon opening candle .
Weekly candle - Bullish
Daily candle - Bullish
Common sense tells us to look for longs but if the price reaches Buyside liquidity then We can look for shorts.
What are your thoughts?
I got two ideas but also there is a third one. The price might go to consolidation today and If nothing happens during London Kill Zone I might change the pair and look for setups.
if we do a top down trend analysis we can see that now now we are in a correction in the higher time frame and we target the liquidity zone .
So we just need to look for a long entry in the lower time frames with a good RR . And to do that we need to identify the higher highs and higher lows and look to get in the high low to ride it until th eliquidity zone
Hey trader, I hope you having a profitable week. If not, try this:
But first, let me explain how these trades will be triggered. If the price bullish breaks and retests he 4H Half a Bat Neckline and 1st 4H Key Lvl (1st and 2nd trade signals) after bouncing off the 50 and 8 MA’s; according to the 4 hour: the price will be in prep to rally for the half a bats 3...
The Reality of Trading..
Welcome to the last trading day of the week. Still testing the new methodology of trading An hour everyday. Its a intriguing experience so far & I'm enjoying it. We tool two loss today while trading our method and its part of the game.
Result so far!
1st week- -5r
2nd week- -2r
-4r
The major crypto currencies are counter-trending on the monthly and weekly time frames, forming the monthly double top accumulation phase on all currencies. The weekly on all currencies is forming a double bottom pattern that's facing the monthly target and that has its price running in between the short-term m.a's (which dis-confirmed the bearish trend we've been...
✅WHEAT was trading in a narrowing wedge
But now we are seeing a bullish breakout
So I am locally bullish biased
And I think that the pair will go further up
LONG🚀
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The monthly price is in a bearish reversal candle pattern formation that is bouncing off the huge bearish head and shoulder patterns neckline, ascending trend line of the symmetrical triangle, and bearish crossed short term moving averages, giving us a signal that I call an H&S B-E.1. Usually, when this signal pops-up, a 2 level drop occurs that will end in any...
