A demand area was formed prior to breaking the last supply area. I've selected the base candle right on the lower edge of demand zone as an area to buy. * But bear in mind later today we have highly important news hitting dollar market which makes our analysis subject to the news *
Just above our Resistance level which has been tested multiple times already there you can see a supply area untested. we could wait for the price to get there and act in the following ways: 1. aggressively take a short trade upon price reaching our level 2. cautiously wait for reversal signal maybe a change of character in lower time frame upon reaching our entry
The direction of Bitcoin in my opinion: In my opinion, first the price will go down to 20700 and this range, and then we will have an upward movement according to the chart I posted.
This is my new idea for the pound-dollar, be careful with your capital, financial markets are very risky, don’t gamble. Let’s see what the market does with this idea!!
In the daily time frame, we can see that after breaking the trendline, it could not cross the static resistance (flip zone) and take back the last top Weakness in price stabilization is evident In the 4H time frame, we have an upward trend line that the price has penetrated twice and is currently moving tangentially with it. There is also a support zone that...
hi.this can be a good swing trade keep that in front of you ...
Okay, we stayed a few pips behind the previous one, let’s see what happens to this one, let’s go.
hi dear trader this is FLAG B ...This is what I expect from the movement of the dollar this institutional price action in lower time frame 15 min stop loss need for any position good luck
My new analysis for the GBP/USD is clear in this chart, we see two scenarios, both in the direction of a fall. Let's see how the market moves. Please note that this is not financial advice. Be careful with your capital, it is very hard to come by, so don't act hastily.
Another example of QM setup has formed on 30 min timeframe. As always we could go two way about this trade, risky which means entering as soon as price hits our entry or confirmed which means looking deep into lower timeframe for reversal as soon as we price reaches our entry. ** Remember this is the second time price visiting our QM level so it involves some...
I risck 1% because mabe not false,so it's my idea and mabe false be on your plan
You've all noticed that I use RTM patterns extensively in my daily trades. Here is another example of QM. As always we have a perfect setup which was confirmed by breaking the last high with a good momentum candle. Upon retracing back to the QML, market bounces off and goes all the way back to hidden FTR. Should there be enough buyers price could continue...
As it's shown we have a possible QM setup at the lower extreme point. As always two types of entry could be taken into consideration. Risky Trade : Enter upon, price reaching the entry level and set the SL and TP accordingly. This method is riskier because it might ignore the level and hit the SL. Confirmed Trade: Upon reaching the entry level, Check the lower...
After making a new low , retraced back to the supply area which initially led to a sell off, So First time back to the level there is a possible case for a short down to the demand level. Make Sure To check the NEWS for AUD because of positive correlation.
I like btc in the cage,I take it again mabe false mabe true,be on your plan.....
As is shown on the chart we have a QM setup right at the bottom extreme point. Two types of entry could be taken into consideration: First one is a risky entry once price reaches our entry, we enter a long trade with no hesitation whatsoever. Second one is a confirmation entry trade which means in lower time frame like 5 or 1 min we spot a reversal and...
after price touching the demand area, the price fly. after break the trend line and make RTM, the price will touch target