Daily chart
I will be looking for a long position potentially at the 61 fib / key level /right shoulder area also if price comes up to the red zone I will also take a short position
EUR / USD 1 hour chart
Here I will looking for a short position if we get the Head and shoulders play I will be looking for I will be looking for a bear flag pattern potentially to create the right shoulder then look at taking the trade down to my green box area for a buy also looking for another short position from the purple zone as a break retest
Technical Analysis Chart Update
EUR / GBP ( Euro / British Pound )
Time Frame - M30
BULLISH CHANNEL in Long Time Frame #LTF
Break Of Structure #BOS
BEARISH CHANNEL in Short Time Frame #STF and rejection from the Upper Trend Line #UTL and Fibonacci Level - 78.60%
Selling Divergence
Hello trader !
Today, i present you my chart analysis of BTC\USDT.
As you can tell, a clear Triple Bottom has formed.
Thank you for reading ! Don't forget to like and subscribe :D
See ya !
Pair: GBPAUD
Timeframe: 1H 4H
Analysis: Round number level, Support break, Pennant pattern, volume profile, High ATR bearish candles
Key Takeaway: Break of pennant pattern and support
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Level needed: Need to see price hit 1.74940
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Trade: Short
RISK:REWARD : 1:7
Double confirmation can be used on multiple timeframes and is a very powerful rule to add to your trading. instead of buying at an impulse move created by limit orders you are simply going to wait for price to come back and wait for a bullish candlestick formation, that can be a significant pin bar or bullish engulfing candle. this rule requires some patience but...
Despite neutral fundamentals, the confluence of long term support and Fibo 0.618 retracement from June lows, could be a significant technical turning point in the market. MACD's long term and short term are pointing in the right direction too. I am targeting and entry on the break of the next fractals level at 1.2925. I have set up short stop because of my account...
Have had my eye on this trade during the weekly, long term I have a long bias and usually I would be looking for buying position. But certain moves in the market have suggested to me that the pair are likely to trade bearish for the next 1-3 weeks and so I will be looking for shorts in the short term to enter with and monitor from the daily chart. Will see how...
Hello,
In a 4hr crack, EURUSD ready to crack the support hurdle to pass-over the past. EURUSD delivering its full potential to break the gateway to run a free-fall. The 1.13362 pass-over could help the pair to attain its destination. Traders watch-over for the trend break-out. I don't wanna to restrict the trade with specifications because support-breakout is the...
EURNZD's ongoing advances can't be considered as an indication of its more extensive quality except if the combine figures out how to outperform the 1.7110-25 opposition conversion,, which together with more splendid odds of the statement's pullback to 1.7000 round-figure. Should costs neglect to turn around from 1.7000 mental magnet, the 1.6880 and the dimension...
