MisterTrader

MisterTrader

Confluences : Double pin bar shows bearish momentum Price fails to break big round number 100.000 Strong resistance BRN + 0.5 Fibonacci Target on SMA(200) well respected previously Stop Loss over 100.000 Good luck guys! Cheers, MT

MisterTrader

Waiting for more rejection before entering a LONG position. Price will probably re-test Fibo 0.5 level. Warning, price can also be attracted by SMA200 and 0.61 Fibo that match with round number 0,9000. Following days will be crucial. Keep an eye on it. Cheers, MT

MisterTrader

Price failed to break SMA(200) and is now at a resistance zone after a strong bullish rally. Bullish momentum is still strong, waiting for more rejection before entering a SHORT. Cheers, MT

MisterTrader

Price fails to break 0.5 Fibbo reached matching with price resistence area just under 100.000. Waiting for rejection signs for SHORT opportunity. Cheers all, MT

MisterTrader

Waiting for more rejection at this level for going SHORT. Pinbar can be retraced before price to go lower. Upware momentum is still strong, and like my father used to say : "When you piss against the wind, don't be surprise to get your pants wet" Cheers, MT

MisterTrader

Opportunity of SHORT on top with momentum. Will see what it brings. Cheers, MT

MisterTrader

Waiting for reversal pattern to trigger a LONG position on this double bottom in formation. This trade will be updated with corresponding SL, Entry and TP according to price evolution on the next hours/days. Stay tuned MT

MisterTrader

Good moment to SHORT the tunnel range, target on 0.5 fibonacci (tunnel low). R:R is low so be careful. Don't put too much risk on this one. Bests, MT

MisterTrader

Price is forming a range failing to create a trendy market since February. If price is continuing to goes up to the resistance level, SMA(200) combined with resistance level will be a perfect zone to trigger a SHORT position. Waiting for the price to reach this key zone to take action. 0.5 Fibonacci level will be then, a perfect take profit. MT

MisterTrader

Bitcoin shows some signs of weakness with a price on a resistance level with confluences. Indeed SMA(200) and a pinbar for bearish momentum created for us a SHORT trade opportunity. Weekend is coming, stay tuned for tonight close and monday opening. Price may retrace previous pinbar and retest SMA(200) that's why I decided to set the stop loss right over the...

MisterTrader

We will probably see a pullback forming at the resistance before a drop reach the last lower low (easy to spot on Daily). Resistance just been tested once showing the straight of this key level. I will be a good R:R opportunity for a SHORT trade in the following weeks. Keep an eye on this one ! Bests, MT

MisterTrader

AUDCAD is now on a major support zone at 0.96316 (a lot of rejection in the past), this can be the start of a bullish trend to reach 0.98. This is on my watching list, waiting for a reversal pattern to confirm a potential LONG trade. Please feel free to share your analyze. Cheers, MT

MisterTrader

After reaching the level I expected on my previous analyze : Pound seems to be ready for a bullish rallye, since price has landed on a key level area, showing us a confluence with major support, 0.5 fibo retracement and RSI divergence. Reversal pattern is on going,I expect a small pull back before trigger the LONG position, to get a better entry level and a...

MisterTrader

After a successful SHORT trade of the previous swing : Today we are blessed to have a well defined Bullish Engulfing appearing on upward trend line (in Red) supported by RSI divergence. Short time momentum for a reversal seems not to be huge (engulfing size is not so big) but upward trend line (red) has been well respected so far and indicates me that it...

MisterTrader

After a double bottom, price reach a key level on a major resistance level and downward trend line. I'm waiting to see how price will behave on this key area, we will probably see price bearish rejection to go back lower and make a third bottom. Up trend continuation is also scenario to consider. Wait & see. Bests everybody. MT

MisterTrader

The price Heading down to Upward Trendline, with momentum from the previous rejection zone with pinbar. Upward trendline makes an attractive first goal for our SHORT. We will closely observe how price behave on upward trendline level to decide if we stay or quite our SHORT position. Bests, ============================================= Trading rules are : 1....

MisterTrader

Price is heading to Major support + 0,5 Fibonacci. I will wait for the price to go lower in the next few days and reach this key confluence level at 1.85935. Then, we'll waiting for a LONG opportunity on reversal price action to trigger that trade. First trouble area is a bit under the previous swing high, where price already rejected twice. Please feel free to...

MisterTrader

On a last trade that succeed to catch the previous downtrend : We identified a Upward trend line and RSI divergence on a major pivot level acting as strong resistance to the price. This time it's Big Round Number 1.50000 and double bottom in formation acting as support for a LONG with a possible bounce over downtrend tunnel. Waiting for price action with...