GBPUSD 1 hour time frame demand level offering a good risk profile of 3R
Just noticed price is inside a 4 hour demand level offering a 2:75 risk profile
Looking at a potential setup on AUDCHF that can offer +8 reward to risk. On the H1 tf there is a demand level and the probability if price hits the level and reverse to the upside is high. The risk profile is also very good
Sharing an idea for a potential trade on the short side. EURAUD heading into a 4 hour supply level with the potential of a 2.6 risk to reward (156 pips)
A biotech this time testing a weekly demand level. Long opportunity here offering a 3.5 RR .
Scrolling some charts and came across TSLA. i had to shift to a weekly time frame and squeeze the candles to accommodate a potential reversal zone or buy zone inside the weekly support. The potential for first target upside is around 35% ($200 -$202). The entry point starts at $148.20 and a weekly close below $145.53 will break that support and invalidate the...
#Bitcoin quite sometime I didn’t look at this chart but price hit a daily demand. $40200 is the respective target. Still great RR so looking for hourly demand to get in is an option
Price into daily supply printing today a rejection bar. RR is decent and could be the start of a bigger move to the downside 1st Tgt is $4.21. I´ll be looking for copper related stocks to short
Looking here for price to test demand to go long. Don’t know when price gets there but if it does this presents a great reward to risk opportunity
If $IREN hits daily supply level then expect a reversal offering a +3R
If price enters demand level expect a reversal long offering a +4R
XLB etf (materials) is testing a daily supply zone ( drop base drop) offering a great point to entry short with a low risk and high reward profit margin. +5R in this case
CADJPY in a daily supply level. Drop to the M15 time frame looking for the reversal. Trend rotation confirmed in the lower time frame and new supply identified offering a 4r for the setup So lets wait for price to test this M15 supply and be rejected. 4R on thus setup
NZDCAD testing a H1 supply level offering a 6:1 RR. Using the H1 supply to enter short and looking for daily support to exit the trade
USDJPY offering a good potential trade on a trend continuation setup. A +8 RR trade to 103.20 level is possible. However there are some important levels on the way for profit taking.
Failing to hold the short term support (circled area) leaves Bitcoin in a short term weak position for a technical correction. A close above the dot line (19209 )will show strenght and the trade is invalid (for the moment). A test and fail to close above the level (19209) will accelerate the down movement. But for now price is holding in the sellers zone. From...
Good level of supply here on the 4h tf offering shorts a 3.6 RR
GBPUSD getting into a fresh supply level in the 30m tf offering shorts a 2.6 RR