A short at 6.05 to 5.03 with the necessary risk management will bring a 16.90% return
Entry: with price below 75.06 Volume: with volume greater than 5.92M Target: 67.82 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 75.05, 77.46 gets you 3/1 Reward to Risk Ratio. This SHORT swing trade idea is not trade advice and is strictly...
BINANCE:LINKUSDT LINK USDT Failing Wedge Pattern in 4 Hr TF. Sell Stop Order Placed. SL 8.036 Level.
currently price is in descending parallel channel and breaking horizontal support . if support broken then bear will control the market as per analysis trade according to ur rr levels
Looking to short EJ from 140.000 Confluences: - Bearish market structure ( trend changing as LL was created) - Retest of 140.000 required for further downside. - A deeper pullback to 140.500 may be seen for a double top
Ill be watching on the 1hr timeframe to see if we get once last rejection from 1920 for confirmation this level is holding, ill be targeting 1800 and 1790 once again.
Short term play: Looks like ont is in a downtrend, which retraced to the .5 fib and is currently getting rejected. Looking to see it revist 1675 sats
FEYE, Can go for Long. It broke out of the channel. Price Action
I took a sell trade on USDCHF due to confluence that pointed downward. The market is looking bearish for now.
Hi Traders, Price has just confirmed completion of the WXY zigazag with a bear impulsive move. This is just confirmation that we'll push towards $15.00, we don't yet have an entry to go short. A safe way to take short entries is to allow price to correct below the structure. Trade well and always apply risk management to protect you capital. Regards, Wave Theorist
I had initially identified a buy setup which seems to have been invalidated by the push from $17.69 to $17.05. Due to these recent events, we therefore have a WXY zigzag sequence in place and I'm looking for price to push further down into my blue box towards $15.57. The structure is clear and some correction below my trendline will confirm further downside. Trade...
Trend Analysis: Range-Bound Support & Resistance: The price right now is right at the resistance zone . Candlestick Analysis: Formation of some INDECISION CANDLES right at resistance which can potentially mean either of these 2 things: 1 - The market might be taking a short pause. OR 2 - The market might be at the end of the...
Please read the entire blog post to have a better understanding of what's going on in the USDJPY chart. As I have mentioned earlier in a few of my previous posts(ideas) , that the pair of FX:USDJPY shouldn't break the significant low that's made on 24th Sep 2019 if we want to stay long in the pair. But, what did the USDJPY do? (The charts above...