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Rejection

POLS On The Edge of a BREAKOUT!Polkastarter has been respecting this triangle since it's all time high, the price action tried many time to break it but ended up by failing and we can see a strong support zone has formed below the price. On the 4h timeframe, the 200 EMA happens to pass by this support zone and the price can be clearly seen that it has tested it more than one time but failed in breaking through which adds confirmation to our trade idea. If the price breaks upwards we can expect it to reach 10$! Good Luck :)
Long
by rodrader
TRXUSDT wants to retest the previous weekly support 🦐After a bearish movements, the price retested the weekly resistance. Now the price is testing 4h resistance. IF the price will have a rejection, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
Short
by InkyGrip
8
EURAUD SHORTEA has been in a continous downtrend since the beggining of the year. On the 2H timeframe, price action consolidated for a while before breaking beow and retesting the new resistance it was now under. Price has now fallen below again and made a lower low and is now coming back to retest the previous lower low. There is also confluence with the fibonacii golden zone which is what I will be using to get a perfect entry. The last confluence is the new bearish trendline price has been respecting. Im waiting on price to reject the trendline with a strong wich and close below the support with some type of entry confirmation candle on the m15. Ill be looking for a doji or a bearish engulfing on the m15 and will set stops to the -78.6 zone. I'm going to run 2 positions and the first TP is the - 27 Fibonacci extension and TP2 is - 61.8 fibonacci extension. Oce price hits TP1 , I will set the trade to BE . RISK MANAGMENT IS HIGHLY IMPORTANT
Short
by jacolbywilliams11
1
EURAUD - Buy Setup Forming!Hello everyone, if you like the idea, do not forget to support with a like and follow. EURAUD is approaching strong support in blue from Weekly so we will be looking for buy setups on lower timeframes. on H4: EURAUD formed a valid channel pattern in red but we want it to approach the Daily blue support to look for buy setups, so we will be waiting for a new swing high to form around our upper red trendline to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Until the buy is activated, EURAUD would be overall bearish and can still dive inside the blue support. and since EURAUD is sitting around support, we will also be looking for buy setups on lower timeframes like M30. And of course, as EURAUD approaches our upper green daily resistance, we will be looking for sell setups. Good luck! ~Rich
Long
by TheSignalyst
63