Hello traders, - On Monday the price opened by rallying up to fill Friday's price imbalance up to a significant previous support level which is now resistance. - A Bearish Order block (BeOB) has been formed here which is also the High of the Day (HOTD). - Since the price has been on a downtrend in the past weeks, the short will be confirmed after the price...
Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE are waiting for conformation: - WAiting for pullback. - EMA's give us SELL signal. - Price break our zone 💡 Why should you follow our profile on...
The EURNZD currency pair is currently short from the 1.68509 horizontal resistance level. This has presented a short trade opportunity occasioned by the bearish harami candlestick pattern below the same level. You could enter the trade by setting your stop slightly above the same level and target anywhere from your entry price to the 1.64000 psychological level.
I do not think that this move will succeed in breaking the long-term trend line. I think we should change the trend from the $ 18.82 or $ 19.77 range and complete a price correction up to the $ 14.77 range. I think the trend is still declining or if it is bullish we still do not have a stabilizing trend! If the price can be above $ 20.7, there may be an uptrend in...
Head & Shoulder is done... Neckline to be broken and retested to short...
Bitcoin's long-term curved channel is broken with last week's candle !!! The head and shoulders pattern is likely to form at the end of the downtrend in the 4-hour timeframe, in which case Bitcoin will be above the $ 23,823 price range. It can even increase up to $ 30,000 and $ 31,000. From this range onwards, there is room for discussion! Can Bitcoin increase up...
More selling Expected. Trade Carefully. Trade in Harmony with the trend, do not go against the flow of the trend.
When the price rises with this intensive move to the specified range, which is a very important range, the probability of continuing the upward trend is very, very low! The price seems to react when it reaches the specified range, it should be noted that the correction process within the channel is not yet complete. Of course, it is possible to engulf the range...
Based on this intensive movement that we have in the four-hour chart and the reaction that the price has shown to the blue range. I have the mentality that the price should come out of the compression from the bottom. The $ 12.698 price range seems to be suitable for the reaction and the entry point for the trade.
Watching this level if price trades back into it at New York open 8:00AM-10:00AM.... if the 3800 level is still not traded to I will be watching for a setup at the green level... looking for a short to take out the SSL at the 3800 level.
Clean break of structure Imbalance leaving a fresh Order Block I'm currently looking for confirmation entries to enter trade. Lets see what happens...
A 'sell' opportunity has presented itself on the swissy-yen trading chart. This follows from the bearish engulfing candlestick pattern just below the 136.210 horizontal resistance level, indicating a rejection of the same level. You can still enter this trade by placing your stop slightly above the said level and setting targets below the level, ensuring a...
Hey Everyone, What a FANTASTIC day for our followers and members!!! We called it once again and we called it in sequence. We got the retracement like we analysed and then we rode the movement up, hitting all TARGETS and also our BUY signal TP. We have NFP tomorrow so expecting volatility, however our stance on buying dips still remain and we will continue to...
I see this as a potential selling opportunity for GBPNZD. Trade responsibly.
Price has closed below trendline on 4hr time frame confirming a potential sell setup
Price is currently at flip zone. If price breaks below support trend line then it is more likely to fall until the last support price
Hey Everyone, We have been following this daily chart for a while now to give an overall picture of the direction. Price found support at the 1804 zone, as identified and then went onto HITTING 1858 target. We are now looking for a cross and lock above 1858 to confirm further push up to the next Goldturns. We can also see EMA5 is on the verge of crossing MA21...