SfP breakout on the 1 hour chart, Reformed support formed on May 16th, Trading above the pivot point. All in all pump time Leverage 10-20x. 1/5- No more than 1/10 of balance in trade cross margin. Note- if u are trading isolated above 10x then u are your money shall surely be parted unless u get your entry a bit more precise. Find order and chaos will follow
EURUSD keeps the down trend on H 1. Yesterday we saw breakout of the previous low and now the market is testing it. We expect another drop and exhaustion below 1,0800. We don’t currently trade EURUSD.
No grounds for trades here. We’re still expecting another drop below 1,0840, where we can watch for exhaustion and trend reversal. The confirmation of the above mentioned movement will match expected entries on all major instruments. A big part of trading is just to wait for a good trade and this is the best option for now here. We have ongoing trades on...
We’re still waiting for a trend reversal on H1. Sells were end and there are no grounds for new ones. Retail Sales coming today. Pullback from the levels below 1,0840 and breakout of a previous top, will confirm a reversal. Meanwhile we’re heading towards crosses and waiting for a confirmation on the major instruments.
For over a week SFP price has been hovering near the 61.8% Fibonacci retracement level. Buyers remain in control and therefore we expect quite a strong uptrend in the days to come.
BINANCE:SFPUSDT appears to be showing strong support around the $0.4 zone, which has held steady for nearly 50 days. Additionally, the long-term uptrend trendline has provided a recent bounce, indicating positive momentum for #SafePal. Currently, the price appears to be consolidating within a range between $0.4 support and $0.52 resistance areas. With several...
We have a daily bias, It swing failed the highs In hourly timeframe, we have a market structure shift and broken down with a impulse and retested.
During the yesterday’s news we saw fluctuations in range 1,1000-1,1060. Currently, it’s important to see breakout outside of that candle. Key support level is 1,1000. Upon pullback from this level we can expect another rise towards 1,1060 and test of the previous tops. On breakout , we’re headed for a test of 1,0960 and the previous lows.
Yesterday we saw an impulse decline in EURUSD. This means that the rise has no strength for now and it’s more likely to heading towards test of the low at 1,0900. Depending on weather we see breakout of the bottom or pullback , the next trades will be confirmed. There are conservative and aggressive options for entries. With the conservative one it’s necessary...
Sfp will go down to Big Red trend line. (Reason : Sfp breakdowns the small red trendline.) If two 4hrs candle closed below the big red line then price will keep going downward. (Reason: Big triangle breakdown will happen) But if Sfp doesn’t break it then price will go upto small green line ( Reason: to complete inverse head n shoulder) If price breaks this...
Wait for a re-test on previous consolidation area to confirm the breakout but this is looking pretty awesome so far! $SFP LONG signal right now!
Shorted after the swing failed the highs, Almost we are close to the daily candle close. Its a good daily level.
Hello everyone! I want to draw your attention to SFP. After a local correction, the asset began an upward movement, thus forming an ascending triangle pattern. Pay attention to how the price reacts to Fibonacci levels within this range. The target for this trade is $0.6. This is not a financial recommendation, and everything you do is done at your own risk.
In the basic trend of the coin a downtrend channel has formed. The price is now near the medium of that channel. In the secondary trend we have pumps from time to time. From the last pump a downtrendline has formed in the secondary trend. In was broke out and retested. Shown on the chart. From that breakout a symmetrical triangle started to form. The basis of...
SFP on Strong Trendline Resistance Wait for Bounce or Breakdown
Check notes on the chart. 1) Bearish Rising Wedge 2) Descending Triangle 3) Ascending Triangle Expansion Creating CME Gap, aka Futures Liquidity Gap. (These almost always get backfilled.) 4) Current Pattern, Bullish Ascending Channel. We had a fake out to flush the longs, and create liquidity, and to backfill the CME Gap. All other narratives are fun stories....
EIGHTCAP:EURCHF We have a nice reversal setting-up on EURCHF so I'm watching for price to possibly pierce a previous swing low, which is at ATR and the bottom of the wedge, and ideally close as an SFP. My target will be today's ATR hight to close the position before the weekend. Enjoy, The Meditrader
EIGHTCAP:GBPUSD GBPUSD is currently trading within a range, which is ideal conditions for swing failure patterns. I'm looking for continued downside price action into the 1.19226 swing low to test that level and probe liquidity. This also lines up with the ATR which should add a strong additional confluence, in addition to the 3rd push wedge which will have...