MSCI SINGAPORE futures after the nice impulse until the 333 level started a retracement move. The market touches the 0.382 Fibonacci level over a support structure and started a consolidation move. IF the price will break and close above the minor resistance structure, we can set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep...
GOLD on the 4h chart after the nice bullish impulse reached the 1838 level. The price started a minor range between 2 structures between daily support and a weekly resistance. We would wait for a break above for a long position and a break below of the range in order to consider a short position in the market. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple...
Longer the range the bigger the break out. Don't miss NFLX on this one. Price is at the bottom of the range a long debit or deep in the money call could pay off huge if we break this range to the upside. Stop loss is simple, break below bottom support with conviction.
Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
Bear Flags are a range chart pattern. Bear Flag Ranges are repeatable trading chart patterns. Bear Flag chart patterns will have a directional bias (Short Trade) depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern,...
Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
AUDSGD on the 4h chart after breaking abobve the 0.98500 area, started a ranging phase between 2 structures. IF the price will break above the 0.98850 area we will set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure ->...
In recent months, we have seen many sideways movements in the forex market in anticipation of clear trends. During this time we can trade within the channel, and in case of a break we can look for a continuation in the direction of the break! Today we show you the possibility at GBPNZD. Here we have a side movement started at the beginning of the month, which...
Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
EURCHF on the daily chart broke the descending channel that and now testing a monthly resistance. The price on the 4h chart after the bullish move started a consolidation range between 1.07800 and 1.08200. IF the price will break below the support area we will check for a short position according to our strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple...
Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information...
As can be seen on the chart I think that bears will take over EUR USD based on my technical analysis. This trade has a Risk:Reward of 1 to 4,5 This is a personal trade and I kindly recommend to trade only if it fits your strategy.
Disclaimer Information is for educational purposes only and is not intended to give specific trading advice. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Hello trader I am watching bitcoin showing rejection to...
Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
price in range.reach resistance and stochastic crossover. Take profit at support
EURCHF on the daily chart broke below the weekly support and cut the ema for short. The price after bouncing over the daily support,went last week for a retest of the upper resistance zone and now moves in a consolidation range between 2 structures. If the market will break and close below the support daily structure we will set a nice short order according to...
Hoag's 80% Value Play (Election Day Short-SELL THE NEWS) Uber looks Toppy, Multiple Potential Dbl Tops (Unconfirmed) Reasons for Trade: 1. Have retraced to areas of .618-.786, and to + .786 of its range from IPO high and most recent high, respectively 2.At volume high rn, break back into value, and held for 2 consecutive 30m candles, suggests price will revisit...