Seems as though we’ve broken through a few resistances. The buyers show up to support on the 4hr uptrend. TP ~26100 SL ~25700
After a minor CHoCH on the 5/15 min charts, I will be taking a quick long scalp toward the HTF CHoCH Supply Zone that I mentioned in my previous post. This 2.5 R:R will lead to my larger short-side trade when supply zone hits Stop Loss: Below demand zone (created by CHoCH) Take Profit: HTF Supply Zone
NQ had a phenomenal run-up since yesterday. It was hard to find any sign of weakness. In the 15 min. TF I found the correct Fork to apply that gives me any usable information about price. 1. The Shiff-Fork projects price to the upside, but also expose the fact that price fell out of the projection below the L-MLH. 2. Price stopped at the HVN. Or better, the...
The impulse phase is complete we can expect a correction pattern to occur. The wave (5) was a nice Ending Diagonal Pattern which is often followed by a sharp reversal. We can expect the correction to trade around 50 to 61.8 Fibonacci retracement level, it can never be 100% of the impulse wave.
GBPJPY has been enjoying good gains, but is now at a strong psychological monthly resistance. Whether it goes up or not, GJ looks set for a short position to the previous resistance point on 21st Aug 10am.
Its always level to level trading green & red zones are untapped which gives a nice reaction on first tap, the yellow zones has been traded through but can still give nice trades but i'll be very cautious as the range will surely break , so trade the range till it breaks.
Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
hey traders real traders r always ready lets wait and see what happens there will b an update if we get there share ur thought and leave a comment
if we hit the previous idea target, I'm going to reverse the position check the chart and share your thought
I entered a long position here on #AVALANCHE. A previous major low was swept and the price seems to be holding this level. I placed a stop loss below the previous wick low. #Bitcoin also has swept its HTF pivot low and is looking to move higher in the short...
Looking at the 15m and 5m gold timeframe we can see potential scalps going both ways here. Looking to scalp gold on the 5m timeframe, sells are looking a lot more probable for me but I wouldn't shy away from buys if we can see a break of the 1917.653 level, followed by a liquidity grab towards 1915.874.
GOLD took the SSL and react on a demand zone given a bullish engulf pattern hence expecting a possible bullish move bellow 1937.48 for liquidity grab at 1947.06 in to the supply zone, note that the supply might give a bit of retracement
Dear All, I have tried to capture a small price action scalp trade setup with options strike price 1 min time frame Price ACTION. Do correlate it with the trade plan that I have shared at Happy trading!
Another entry from the short term trading perspective. Previous entry was bang on, simply rinse and repeat here. Structure in tact, move down to retest the KL, previous fibb entry/ scaled position you can see here, minimised risk, currently sweeping daily lows, perhaps see a dip into yesterdays Value area low below 29175, currently tarting around in yesterdays...
hello dear trader this price action for GBP on 15 time frame ... these leveles draw with great attention... i am waiting for another Lower low for buy step one on GBP and sell it on the higher high (HH) in the chart.... after this wanna buy step 2 after pull back in supourt area ... stop loss need for any position good luck
MY POINT 5.96 risk reward entry price 1966.8 stoploss 1968.97 takeprofit -1953.23 Don't ask me why!!!
Looking at the daily timeframe we have had our push up for the day and are at a very critical level where we have seen price reject on the daily timeframe 26 (yes twenty six) times in the past. This is significant because it means there is a high probability of price rejecting this level and moving down, however, should we see price close above this level it...
there are two qml north and south of the price, I think the first one would be long trade and then short trade