I am not familiar with the fundamentals of this coin, nor have I read any news about it.
However, a very good example of a Wyckoff accumulation range, complete with the matching volume profile on each step and phase of the accumulation has been formed here.
Waiting for the last step before the markup (phase E) begins.
Needs to show a "sign of strentgh" (SOS)...
Something little different that Bitcoin today. I have identify a loss risk trade. Stop-loss is close and possible profit target is lot more bigger. The ABCDE triangle consolidation provide us a decent breakout but this one have been struggle and squeezed by the bigger range. In a range you sell the top resistance : basic rule. I have not a lot of time (i hope in...
Price has been in a range
Volume dropping causing consolidation
ATR and Volatility dropping because candle size is smaller
This is a pattern to look for because traders are getting bored with this consolidation pattern so breakout pending
Wait for breakout candle either long or short to close outside range
Wait for volume bar to be at average line to trade 100%...
BTCUSD 1H is in a range
EFC Indicator shows an entry signal @ 7635.60
Enter 2 trades
Both trades use EFC Stop Loss signal @ 7510.46
1st trade use EFC Ind TP signal @7760
2nd trade use Range Top as it's TP @ 8104.
2nd trade move SL to break even
As price continues long adjust SL below fractal low @7890.
USDCAD 4H in a range
Williams %R Strategy 1 is a range trading strategy
Set %R period to 10 and levels to -0 and -100
Range Trade from -0 to -100
SL outside of range box
TP to opposite side of range box from entry side
It is always important to know which phase of the market you trade, Is it a consolidation, is it an early trade, is it a retracement. All this tells you how to trade, where you put your stoploss and your targets. So this is a beautiful range that is identified and you just buy low and sell high.
welcome to another free signal!
Important: Market still volatile and news-driven! Make sure to reduce your risk decently!
Target 1: 1,34287
Target 2: 1,34125
LEAVE A LIKE AND A COMMENT - I appreciate every support!...
Papa John's added Shaq O'Neal to their Board of Directors
This had some positive bullish strength to stock
Price began to fall and created 1st high for range
Company announced their adding to their menu "Organic Veggies"
But Price continued to fall
Price found support and retested the range top
Price broke out of top range with strong volume support but breakout...
welcome to another free signal!
Target 1: 1.1343
Target 2: 1.34211
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
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Pair is in a range
Price bounced off bottom
Price may move through range and retest top of range
Buy Limit @ 1.3338
Buy Stop @ 1.3353
1st Buy Take Profit @ 1.3370
2nd Take profit @ 1.3399
3rd Buy Take Profit @ 1.3438
SL 10 pips below range bottom
Watch Macd for direction
Void trade if range bottom is broken
GBPUSD was seen rebounding off from the bottom of an ascending triangle within a demand zone.
The price has retraced from the rebound was supported twice at 1.3030 and may be ready to take off very soon.
Furthermore, GBPUSD is still experiencing the process of a ranging market and thus it makes sense to simply buy at the bottom.
USDJPY trading range bound between about 109 and 114 over the last two years. The downside breakout that happened can most likely be attributed to the major market correction at the beginning of 2018. Even despite a 4Q 2018 that had a dismal December, it failed to break support.
Look at current previous Keltner posts for breakout and range trading rules
Keltner Channel is flattening out
Breakout could be Bullish or Bearish
Range trade - check 9 post ago - "Know what to look for in a Range Pattern"
Leave your comments below what strategy your will use for this breakout or range trading setup.
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
WABI looks to be floating at the bottom of the range and presents a good opportunity for a long to the top of the range. A daily close outside of the range will indicate a breakout.
Target 1: 0.00006700