1) There was an almost "strong bearish trend"! 2) A battle has been seen between bulls and bears at base candle. 3) "Sellers" clearly won the battle! 4) There might be a economical reason behind this move. Since we are chartists, we do not necessarily need to know why this move has happened! 5) According to long term back-tests, if the price reaches the base...
1) There was an almost "strong bearish trend"! 2) A battle has been seen between bulls and bears at base candle. 3) "Sellers" clearly won the battle! 4) There might be a economical reason behind this move. Since we are chartists, we do not necessarily need to know why this move has happened! 5) According to long term back-tests, if the price reaches the base...
You should risk half of a normal trade in this trade! Last level is still valid! Check the related idea!
1) There was an almost "strong bearish trend"! 2) A battle has been seen between bulls and bears at base candle. 3) "Sellers" clearly won the battle! 4) There might be a economical reason behind this move. Since we are chartists, we do not necessarily need to know why this move has happened! 5) According to long term back-tests, if the price reaches the base...
In most large gaps such as this one at first of the weeks. Prices tends to fill the gap and go forward again. There are different explanations for this phenomenon. Some say institutions wants to fulfill their orders and some others say this is just normal fluctuations because of people assuming that price of an assess (or a pair) is so higher/lower than previous...
Markets moved up from the levels strongly and is coming back weakly. I think there are still USDs that have not been bought yet around 1.098 to 1.097. EURUSD may goes up strongly again. Enter a Long trade around the level. Keep touch for more information on market change.
I used my own method to determine OB zones. I’ve lost the entry of secondary volume center. Enter a short trade at higher half of last bullish candle which correspond with volume center. Enter between 132.108 and 132.154 Put SL slightly higher than the bearish 132.440 could be a safe SL. Take profit at middle of top half the previous +OB which is somewhere...
The red box seems to be a powerful zone. Short EURGBP in the box. Place SL in top of the box or slightly over it. Make profits in levels.
AUDCHF is just slightly over a zone. There is great obstacle of sellers volume here. Try to sell from there.
IF BTC BREAKS BELOW THE 35K, DON'T TAKE ANY LONG TRADE ON ANY CRYPTO. POND is far enough from a valid demand zone. wait to price touch the level.
According to the volume and reversals of the price there are strong buyers around the level. I think we could see a great LONG opportunity around the level.
Short GBPUSD around the level. There are strong sellers around 1.36 Great sell opportunities GBP could have next days.
It seems there are strong sellers around the level. You can take profit at levels or sooner.
As long as it is ranging in the channel, You can take Long and Short positions. I do not trade in these narrow ranges! Breaking above the zone is more probable, but should not be taken as a trading setup, unless the zone is perfectly broken. So wait!
There were buyers around 90.600 in January. That range was broken and now is obviously above that rate. I think market will reverse from there and came back to the demand zone. I will close my position at the TP, you can hold longer (not recommended).
Here you can see existence of GBPUSD buyers. enter LONG position. You can wait for confirmation in lower timeframes.
I personally don't trade base on minor supply and demand zone. Market context in short-term is Bullish. Analyzes of market trend regarding mid-term aspects, represents a kind of equality between the power of cows and bears. But the long-term is absolutely Bearish. WARNING: There is change of 30% to 40 % of wining in this situation by this R to R regarding...
Short it! Supply and demand levels are obvious and a trend is bullish regarding our tp points.