Losses were stopped by strong support mentioned in previous Idea, at 7500 which also created irregular head and shoulders pattern or triple bottom. This configuration of signals combined with three soldiers pattern on 4H chart makes it quite nice opportunity to enter the market. I marked double bottom from May last year and January this year. What we can see...
This is 4h look at Steem it is continuation for the previous idea (Steem weekly)
It is not so visible but I think that the pair created triple bottom just before 23,6% Fibonacci level
If the pair will stay above Strong support created by previous price action (Two Blue lines where each of them represents extension of previous double bottom support, and the...
Golem had some interesting price action within last month. It is visible on this chart that the pair established strong support around 0.000063000. First attempt was stopped with engulfing candlestick formation, second attempt was hold and we can see nice doji candle, then the third attempt which holds pair above 0.000063000.
I would recommend small stake for...
Hello dear traders & welcome to Growing Forex
The pair is trading inside the rising wedge & Break Below would open doors for the test of support trend line.Enter At the breakout for safe entry or enter at the resistance trendline for maximum profit.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade...
I did choose this cryptoccurency because chart looks interesting to me.Since December is consolidating around 0.00020000. I see here potential for good risk reward ratio. Pair bounced nicely from mentioned level, we have three soldiers formation on 4H, triple bottom, and GAP on daily chart.
possible entry on this pattern as price bounced off of 1.069
if price breaks and retests 1.076, long trade in place
currently price cannot break 1.074
price can race up to 1.080(TP1) and further at 1.0830 (TP2)
USDCHF hit the monthly resistance 3 times before breaking the upper triangle line to the downside. The daily chart shows a double top on the monthly resistance which also shows a parish momentum. With a doji formed on the weekly chart and a bearish move following it right away we have a possible bearish move following.
I'm initiating long positions on USDCAD as price has failed to pierce through the support zone around 1.3140's, My orders got filled around 1.3160's, check your trade plan and risk-reward before entering long in USDCAD. The sole reason for entering long is the strong support zone we have in USDCAD.
If all goes well and Target 1 is achieved in USDCAD,...
Bullish Garthley Completion + Volume divergence H4 + Triple Touch Trendline (a 5th of 5t of 5th wave count not on this chart tho).. lot's of confirmations..
Low risk High reward!
these are our 3 possible "short zones"...
at No.1 price touched and reversed from the zone...means some "old" bear orders were filled here ...
question is : are there enough open orders to push price down again or will we see a raise to point 2 or 3 ?
we also could see a forming tripple top here..
waiting for some PA and lurge like a leopard
