Price has hit multi Day resistance level 15m chart wait for break-hook-go for entry on a 5m chart Take profits shown SL above day resistance
We seem to be in a distribution trading range, moving in a down channel. Watch out for those sudden 100% up/down moves that randomly chop the market into pieces and squeeze out both bears and bulls. Inside a trading range TA won't help you - you will be stopped out. The purpose of a trading range is to take money from you. In Distribution range they try to sell...
Pair has been in a 1H range for a while Price at bottom of range Wicks at bottom of range shows no sellers If price reverses it can rise to 50 sma and pause Price could consolidate there or break above 100 sma Price could then rise to top of range.
Hello Friends, We have made 100% in ICX in the last rally, now it is consolidating and BB is squeezing. The price is in range for some time. Considering the above I would go long now or on dips till 2800 SATs for 4700 SATs and more. My sl is below the BB range on 4 hrs. Please note : this is my trade and no recommendation to buy or sell. Trade at your own...
ENTER NOW ON 15M 15M BREAK-HOOK-GO COMPLETED SELL STOPS LISTED TAKE PROFITS LISTED
Fundas - I see the only near term possible catalysts for a gold breakout as a US stock market breakdown of February lows with force or a significant change in the tone on trade wars from China's President Xi ( as President Trump has already laid out his stance). Given Xi's amicable approach on Monday night it seems highly unlikely. I also anticipate a US stock...
The EurGbp is basically moving in a range on Daily timeframe and 0.8690 - 0.8736 is the area of support which had tried to hold the price multiple times since September 2017. A Head and Shoulder pattern can be spotten on the 4hr chart. My position : Entry : 0.8719 SL : 0.8669 TP : 0.8794 p/s : Not hindsight, I wasn't at home and not able to publish my trading...
Yesterday's NFP suggested that 1.2220 is still a powerful support, so the price will apparently keep ranging. Candlesticks give us a confirmation of that: the 3 day's ago hammer, and more of that yesterday's candle that fully recovered the previous day losses. The first resistance that we are now more likely to encounter is the 1.2400. Have a good trading, good luck!
Step#1: Draw a Price Channel if you are able to see at least two highs tops and bottom lows. The Price Channel pattern is drawn by connecting the highs and lows. During this stage, we’re looking for distinctive price action that can be contained within two parallel lines that ultimately will form the Price Channel pattern. Step #2: Wait for a Swing High to bounce...
MUE is ranging between ~ 1200 and ~ 1800 satoshis. I'll be looking at entering at the same level as my previous trade: very close to support.
EUR/USD stuck in this 150 pip range. I don't believe it will break this 1.2400 resistance level. . looking for US Dollar to strengthen over the coming weeks.. dollar Index to come back up and test 91.00-92.00 .
So, not exactly a 100 percent range here, but I still think it's worth putting up here. I'm short, and aiming for the bottom of the range.
Dealer intermediaries have been long the EURO since reaching a 3 year Bearish extreme @ -272,000 contracts. Currently price is in a range and the long term uptrend strength is showing considerable signs of weakness. Of course, the trend doesn't change until the trend changes, so taking speculative shorts in a prevailing uptrend is risky business. With that said, I...
Undecided at 8000 but a bullish pattern at 7000 would be a double bottom and maybe start the range between again 11500 and 7000. Double top at 11500 started this range in hindsight.
Pair had a bearish bounce at a triple top range resistance. Pair has now had a fourth range top touch that failed a bullish continuation move. Entry will be from a 5m or 15m bearish reversal canle pattern. Take Profit is found from a 4H support level.
Range strategies are used when the market lacks direction Find support and resistance to define your range With any strategy manage your risk in the event of a breakout Support @ 1.218 Resistance @ 1.25ish