When Bitcoin is trading in a range, like the last days, many traders try to guess to which direction it will finally break out. Or they just trade every breakout. This thinking and breakout trading is quite dangerous. Because most of the time a range will produce little traps (false breakouts). So how to avoid this problem? Do not trade breakouts, like "if it...
This trade is from our free pdf "SUPPORT AND RESISTANCE ZONES STRATEGY" PM me if you have any questions, I will be happy to help.
We could to have a range of consolidation to break the line bearish.
Looks like #EURJPY is respecting the bottom of its former side range. Good opportunity for a long trade here. Best of luck!
Pair is in between the 20 sma and 40 sma. Bullish Entry with price breakout of 20 sma Bearish Entry with price breakout of 40 sma Use fibs and range top/bottom for profit targets Wtch Macd for direction
GBPJPY probable range and breakout for the next week
Pair has been stuck in a range for days Price is in-between 100 sma and 50 sma Longs & shorts listed on chart Help us find target prices for range breakouts - comment below
Price in range Far left range top has divergence followed by bearish movement to range bottom Range bottom meet our RSI 80-20 reversal rules follwed by a bullish movement to the range top Macd showed example of over bought and oversold stochastic levels Buy and Sell stops listed on chart Take profits are listed on chart. Any questions on RSI 80-20 or my dual...
84.5 Strong support area + small RSI divergence + room for the price to go up
First published idea here guys so any feed back or additional analysis on this trade is very welcome! USD/JPY has been ranging in the 144.535 to 107.362 boundaries. It has now come to the bottom of this range with the stochastic's in the over sold area with near enough three support hits previously, this is a strong support. Retail trader data shows 76.5% of...
This is a classic range trade Strong support area (108). Stop below 107 Take profit around 110 (and/or around 112 for a longer term trade) You can enter now if you are targeting 112 and you don't want to miss the trade Otherwise enter at 108.5 or lower
Price between 50sma & 100sma Price will breakout from sma's Long Trade Breakout above 50 sma 1st Take Profit Range Top @11712.3 2nd Take Profit Swing High @ 12909.3 Short Trade Breakout below 100 sma 1st Take Profit Range Bottom @ 10457.4 2nd Take Profit Swing Low @ 9518.1
LTCUSD 2H RANGE TRADES Long Trade Entry breakout above 50 sma 1st Take Profit Range Top @ 184.78 2nd Take Profit Swing High @ 211.65 Short Trade - My Bias Enter on 15m chart 1st Take Profit Range Bottom @ 167.58 2nd Take Profit Swing Low @ 143.35 Short Bias - Macd is below both 0 level and Red Line
I can see a nice range and I'm waiting for sell limit @0.01811745 with SL slightly above the sell zone. I think we don't have now very clear support and resistance lines, rather support and resistance zones, where is a good idea to enter positions in both ways. I'm curious about your opinions :)
Pair is in a range Price is in-between the 50 sma & 100 sma Breakouts of those ma's price will go to the range top/bottom Breakouts at range top/bottom Take profit at previous fractal highs/lows and swing high/low
Pair is in a range Price is below 100 sma makes a bearish bias Bullish Trade Breakout of 50 sma 1st take profit is range top 2nd take profit is swing high Bearish Trade ENTRY - current 15m bearish continuation candle patterns 1st take profit range bottom 2nd take profit swing low
Macd over-extended sell. Macd crossed above Red signal line - possible bullish directional move Pair is in a range Price has consolidated on the range bottom for awhile Price may move toward 100 sma Buy stop above current resistance @ 151.10 Take Profit 50 pips @ 151.60 To the left of that trade-able space is a red long body candle This helps price move up...
This is a follow up of the GBPJPY 4H Bullish bias trade. Pair did hit 50 pip target. Price is retracing to 50 sma Price may bounce long off 50 sma Take Profit is top of range