Pullback from Ressistance Level. R-R Ratio 1: 1.5 Pure Structure Trading
Looking to open longs on a pullback to retest the ascending TL in confluence to the 0.618 fib retracement & previous broken resistance which is now acting as support. SMA50 is also supporting the bullish trend nicely after the huge momentum shift early in the month. I’ll be targeting 1.79000 resistance zone assuming we see a rejection from my outlined confirmations.
Looking for a pullback to retest the recently broken ascending TL in confluence to the 0.5 fib retracement and previous area of S&R
Looking to enter longs on a pullback to retest the respectable ascending TL in confluence to the 0.5 fib retracement and previous level of major S&R zone.
Hey tradomaniacs, welcome to a new free trading-setup. NOTICE: This is meant to be a preparation for you! As always we will have to wait fro a confirmation. GBP/CHF: Daytrade-Preparation Market-Sell-Order: 1,20630 Stop-Loss: 1,21285 Target 1: 1,20000 Target 2: 1,19690 Target 3: 1,18075 Stop-Loss: 65,5 pips Risk: 0,5% - 1% Risk-Reward: 2,50 ...
-Broken ascending TL, retest expected -0.618 fib retracement -Previous area of S&R
This morning I was looking for a potential bearish 2618 trade on the EURJPY but a break & close above the double top invalidated that setup. Fortunately, price was able to run to our higher timeframe level of structure (1.27) & find some selling pressure. What formed as we broke the aforementioned double top was a rising channel which is typically a sign of...
From the last analysis on the AAPL we can see that the market has decided to get out the range on 30MN for a very long uptrend. The last decisions have impulsed the price of AAPL in an exponential move. BUT, we have seen last week a push from sellers, a very strong one, probably showing a zone in which you can start thinking of taken your profits. The former...
Hey tradomaniacs, welcome to a new free trading-setup. GBP/JPY: Daytrade-Execution Note: This is a high-risk trade and only for those who accept it. I keep the risk very low and manage this trade aggressively as both currencies are strong. Technically a very nice price for gbp/jpy to retrace with the previous fakeout. Tight stop-loss for high...
After giving weekly and daily breakout - dr.reddy gives pull-back..opportunity for get in..
-Broken ascending TL, approaching to retest it -Respectable descending TL -0.618 fib retracement -Strong zone of previous support
Applied Materials ( NASDAQ:AMAT ) has an interesting chart in that it tends to pull back below the 21 EMA on the daily chart. I tried to identify a clear area of support for each pullback, but it seems arbitrary. You can see the Keltner Channel falls just short of where the stock reverses the second time and the most recent pullback is actually pulling back to the...
Watching for a classic bounce play along a moving average. Waiting for price to stabilize and narrow and then ricochet off the MA. This stock is recovering from a rapid rally and needs time to stabilize. The blue line is a moving average (50) and the black line is the expectation of the price movement. Notice the 200 MA has a nice slope upwards and the overall...
CAD JPY broke triangle last week and now it pulls back. So, I think that in the entry zone, the price will rise again.
We have observed several forces acting as a brake and pushing the price above the red down trending line. But a very strong squeeze front last tops have seen the market being inconsistent with its which to move upwards. The two horizontal black lines are the new tops and bottoms of the horizontal trending range. We could observe during this week a market which...
BCHUSDT a very nice weekly breakout after severals week. We are waiting for a retest According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.