Hey Traders!
Ive been in this trade for about 16 hours now, just wanted you guys to take a look at the extended setup im taking to short it.
Give it a crack.
Cheers,
Jacques
Looking long on the 4 hour, already up 50 pips, looking for another 80 to nearest supply zone - resistance zone. MACD AND rsi indicate sell reversal, volume dropping, bulls entering the market, higher high formed and a tripple bottom formed along the support zone.
Hey guys, back to the EURUSD Pair.
We're looking long,
MACD Is signalling Buy
So is RSI
the daily, theres a huge imbalance that needs to be filled
break in 4 hour trendline
DOULBE BOTTOM FORMED.
Next big bull candle ready for launch
Hi Guys!
Here's a little trade idea for the swingers out there.
EURUSD
SHORT
1. Major Trendline acting as RESISTANCE
2. Market Structure tells us we are currently bearish
3. Rejection at Major Resistance Zone
4. Buyer Volume is getting lower, Bulls getting weaker as more bears start to enter the market
5. Looking to fall to nearest support before a potential...
Hey Guys, hope you guys been great.
Had abit of time off due to some refining of analysis and chart reading.
But i am LONGING of a broken resistance level, my entry is set for a retest on that new founded support level.
Justification:
- On the Daily Time Frame - This support level at approx 0.1865, is super significant, when it has been broken, we saw a major...
Hey Guys, hope everyone has been great.
For the next few days, we will most likely see BTC take a nice drop to the fallen structure.
When it gets to the support zone, ITS JUDGEMENT DAY. SO we will see what happens from there, but this is a perfect setup for a short, as of now for traders.
Justification:
-Break of market upward structure
-Retest happened and...
Hey Guys, short and sweet.
I believe in this short term, we could be looking for a possible long on and positions for the GBPUSD. Coming out of this descending triangle, looking like a bullish push (short term 2HR).
Overall, if you are a swing trader, probably looking our for shorts on this one (:
-RSI - almost oversold
-MACD - decrease in sell volume
Hope...
Hey Guys!
Hope everyone's been well. Thought I'd give give a nice easy setup for our British Pound / Swiss Franc.
We are referring to the yellow line that has been drawn. As you can see, we have a nice looking Bear Flag thats been forming on all time frames.
Our strong zones of Support and Resistance are drawn in, this is most definitely a bear flag, so we can...
Hey everyone, this is my first post, please feel free to provide feedback and ideas.
We can see, as the news of the halving comes, the bulls continue to spike...
A pattern that is evident in every crypto analysis we see.... we see an upward channel (fakeouts by suckers rally) but exhaustion is just beginning.
We are looking at a possible double top here in the 4...
