OPUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now the retest of the broken level is highly possible, which is also the Fib retracement level. If the sell momentum continues the next target could be 1.210 region. What you guys think of this idea.
Explanation within the chart - entry could have been better. Going for a 2RR
Market structure was clean, clean traffic to the left. Every rule / confluence was met - great RR and great RT to EMA on HTF and entered TF - however took a chance on price action as the entered bearish engulf was 50% body & wick.....then trade is invalid !!
NSE:TEJASNET gave a breakout of Symmetrical triangle and now there is retest.
A+ Setup !! combination of both my plays - RT with broken support zone and a 38.2% RT !
HIFIUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and broken resistance which is also reacting as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.6300.
ENJUSDT was trading under declining trendline and recently it seems like bulls are starting to take the charge and has given the breakout from declining trendline with significant bullish candles . Currently the price is retesting the broken trendline , if the retest level holds it could be a nice buying option. What you guys think of this idea?
EURAUD is trading in descending channel and printing consistent LLs LHs. Currently the price is broken the important support zone then any retest of broken level will be another sell option. If the sell momentum continues the next target could be 1.6550 region. What you guys think of this idea
USDCAD was trading in bullish parallel channel and then has given the break out from channel. Currently the price is retesting the broken levels and it seems like the bears will take control again and send the price even lower level. What you guys think of this idea?
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. After the positive news of Grayscale's wins against the SEC, the market broke the long boring range. But the question is, is this enough to start a bullish rally? Let's find out.... As you see in the chart, BTC is forming a rising...
A Bullish Movement May Happen Soon DOTUSDT has formed inverted head and shoulder and break the neckline as well. Currently the price is testing neckline and it seems like it is ready to fly. Currently the price is maintaining bullish momentum as well.
VGXUSDT has broken very important support zone and currently retesting that support. As the price is under 50 EMA pressure it seems like after successful retest of broken structure price may head even lower.
DXY is looking in nice bullish momentum and continuously breaking through the major levels. Following the breakout retest pattern. Recently it break through 102 level. If it successfully retest this level it will be a nice bullish momentum.
Retest aka W pattern forming on Eurjpy. Orderblock retracement. FX:EURJPY
Rolex rings doing breakout retest attempt. Will wait for a good candle to take confirmation and entry.
EURUSD has broke through important support zone and one of the inclining trendline. and currently testing the broken support as a resistance around 1.0900 region. Will the pair hold bearish trend and move even lower?
The daily closed bullish but with some buy exhaustion which led me to believe that there still some bullish momentum but not much. The 1H made a clear higher high and decided to hold at its lows but created some bullish reversal signals on top of support. The moving avergae plays as support as well. Upon the breach of a 30min correction trendline. I believe price...
GBPAUD has broken the uptrend and seems like it successfully retested the broken structure to confirm bearish trend.