We have a level of supply in the golden zone. We have an engulfing candle pattern at the high which gives us confluence for a short set up.
We have a huge breakout so I will be looking for a strong counter trend trade here. I'm expecting some rejection at the zone that price is currently rising too. I will base trade off of price action. I only enter on engulfing candles. So if that doesn't happen I will not take this trade. My only exception would be if we got a huge wick with a strong bearish...
Expecting to see continuation short here from the key supply zone drawn up and to retest the key bank level at 137.5. We also recently have gotten a bearish engulfing pattern giving us more confluence for a short set up.
Trade is based off the 5m TF. Similar to AUDCHF we have made a lower high with an engulfing candle on the 5m TF. This set up is a 1:1.5 R:R
Trade is based off an engulfing candle on the 5m timeframe as we have made a lower high. I am expecting price to drop to at least to our target at .625. This is a 1:1.5 R:R
We're in like Flynn here. I like our set with a modest R:R of 1:1.5. Trade is based off the 5m TF
This is the weekly chart for Bitcoin. We have a strong level of demand at 10k. That is likely going to be our lowest price before Bitcoin will continue it's bullish dominance
This trade is based off the 5m timeframe. Expecting price to break out of the ascending triangle formation to retest the key resistance level . I'll be looking for short set ups from there
Trend lines drawn off the 5m TF. Price has started breaking above flag pattern so I'm expecting us to at least equal the previous high
Expecting price to rise to the golden zone for a possible short opportunity with high R:R
We have developed a W formation on the 15m TF. I will be expecting to see price start to rise for a nice long trade with high R:R
We have GU coming into a key area of supply. It has rejected nicely. The fibb is based off the 5m TF. Price may rise a little higher into the golden zone but I do expect short continuation from there
We have a 1:2.5 R:R on this set up. It's based off the 5 min TF. Unfortunately we cannot post 5m charts via Tradingview
Another great week! I called GU too the T. I said it would head towards the trend line and have a hard rejection and that's exactly what happened. GU respected my technical analysis perfectly
We have GU in a pretty distinct channel on the 15m TF. As I said earlier I'm expecting price to retrace up to tap into the gray supply zone for continuation short
Price hasn't respected a previous resistance level. I will be looking for a rejection from there for short continuation
I am anticipating price tapping into our area of unmitigated area of supply for continuation short. We could have a high R:R setup similar to the trade we won last night on AU.
We will most likely see price comeback up to respect the trend line with continuation short