Now we see a big daily bearish hammer candle and We can expect the price to move up to fill the shadow. To enter, we have to wait for the resistance line to break and the momentum to become positive.
OANDA:EURUSD OANDA:EURUSD Going long on the minor support line (Aggressive approach- short).SUPPORT AND RESISTANCE RETEST STRATEGY
As seen on this support line, BTC has tested it and bounced off it again. Would be best to see a base formation here at 37500 to 38500. Next leg comes over $39000 for targets 42k & 45k
Entry on Breakout and Hold of counter trend line for an aggressive entry Or Enter on a small LH formation for a less aggressive entry. *This may seem as an overly strict strategy to some, but your edge needs to be spot on each time. willy nilly trades with any old LHs or breakouts etc. Is just a recipe for losses and losses. With my system I know within 1...
Hi boys and girls, ladies and gentlemen, traders and gamblers, investors and speculators of the world 🌐 This is my first post for a traditional asset in 2021 so let's make it a GREAT one In this simple video I explain why Platinum is a good buy, still at a great time to buy. Keep in touch for more, share your love, click on the like button and leave a...
When price is captured between a ceiling and a roof, its better to BLSH. what does BLSH means? It means Buy low, Sell high. when price reaches the top of trading range, you can bet that it goes down. You might say "why? Isn't that at some point it will break out of this range and start to trend?" I will say to you yes, BUT most of attempts to break out will fail....
bullish bias for mr diy still developing
After Price has made multiple attempts to try and break through this resistance level, I will be taking a short position here. My TP 1 and TP 2 are marked. Clean chart, simple analysis, Use risk management
Quick update on GU. Let's have a look on Daily timeframe. We have a clear Doji candle close on Friday with bearish body, which tells me that this area is controlled by bears. Anyway we have 2 wicks rejections from that area which I previously mentioned to everybody here. So what will be next? According to the nature of the market - we always have 2 phases -...
Know when your Trading Setups are no longer Valid, Reduce Your Losses, Live to Trade Another Day!!! It's Simple, It Takes DISCIPLINE and Daily Practice.
Quick update on GU. I still have an alert here at 1.3451 and didn't hit my target yet. If we will not reach my main resistance zone and the price will brake our main support region 1.3290 then the price will meet new support area at 1.3100. So for now just stay patient and wait for the signal.
Let's have a look on USDCHF. I mentioned before that we are looking for some trend change after getting inverse H&S pattern and we go back to 1.9200. here you have According to our chart on 4H timeframe - we can notice that new impulse after false breakout was already formed. We just retested our main intraday resistance level at 0.9090. Potentially for me it is...
Hey traders, let's have a look on this currency pair. I mentioned on the weekends that it is gonna be perfect example of how the pullback can be created)) After getting double/triple formation we start to form new impulse to the upside, which was entry impulse for us! The MA50 was successfully broken so it is a straight signal for me the trend is gonna change.....
Yes... That was a reversal level. Was a little busy to catch up that moment but later on I noticed that we got false breakout here, and start to think that we can go lower just to hit my another level of support. A nice push to the upside was already formed so waiting for a pullback to open LONG position, Hope we can go to 1.9200 on this one, let we know what do...
Hello traders! Let's have a look on GU. As usual, I started my analysis on 4H timeframe. What did I noticed here? We got clear uptrend to the upside which means we are looking ONLY orders for BUY. Resistance on 1.3280 - 1.3300 was successfully broken and retested 3-4 times! I also see that we got 2 wicks rejections from our level which means that this level is in...
There is not a lot of words, just a small update on EA. From the last week I put an alert just to start short from the top of the range. But today I found a good entry point from the bottom of the structure! Let's take advantage from it!