probably buying if this 4h candle (which is also the last 1D) closes above the 4h resistance rectangle I drew TP1: 10.8 TP2: 11.2 SL: 8.85 leave a like if this was helpful! let me know what you think in the comments ↓
Support and Resistance and Moving average strategies incorporated
USDCAD is into bearish movements and now it's retesting the resistance zone that was once acting like a support. Moreover, this one is preparing for its fifth and final wave so a short position might be entered here. Trade Safe If you like the idea, support us with a like and follow. MacroForex
With ADA being below the VWAP, I'm reserving the other half of what I plan to DCA into it until I see how this plays out... HVP indicator is looking interesting too; like something is building up, like a major move up or down... Indications are 'down' or questionable at best... Fibonacci from peak to bottom in this range, we've only penetrated the Golden Pocket...
6 HOUR CHART Projection I believe if BTC were really going to finish off shaking the smaller fish out, it would've perhaps fallen out of this falling wedge by now, but I could be wrong. I will have to respect what the Fib is saying too, with regard to where we are right now. Price has not been able to break back up into the Golden Pocket Fib of the last...
Hey folks, Pulling the Weekly BTCUSD chart today to see where we are in this pullback and breaking news... We're still bullish! Sometimes you just need to zoom out a little bit to see the big picture. We gained an important weekly SR level when we broke the 10K level (~$9948). Generally speaking, all important levels once broken need to be tested so we can...
same analysis as Eurjpy but this demand zone was found on a normal s/r zone (green), main bias is still short but only looking for a buy right now.
Waiting for GOLD to break one of the SR zones. After breaking, we put a pending order to the outer edge of the zone. Highly recommend to use Twin Trading, for bigger potential profit. Stop Loss - I'm using max 40 pips stop loss. The most important is, to put it behind the SR zone. But it all depends on your strategy and RRR. Take Profit - Put take profit at...
Retest of Resistance Zone, waiting for entry in that zone
EURUSD has been consolidating the past few days. I believe it will continue to push upward for 3 reasons: 1. Support has been found at the ~1.13500 level on the 4H and Daily time frames. 2. iTrend has given reliable bullish signals since mid-February. 3. Trading View's built-in sentiment analysis is heavily bullish on the 4H and lower. This affects trader...
Strong RR point Flag pattern RIght structure enough space for move down
DB/ "W" pattern after bigger short ( daily, weekly) Triangle, flag with nice and aggressive pool entry on strong SR with nice points of respect
I'll edit this to add my text explanation later tonight...