The forex strategy that I use primarily is based on chart patterns and candlestick formations. The process begins with identifying support and resistance levels and determining the overall trend direction from the H4 (4-hour) chart. Subsequently, this analysis is refined on the H1 (1-hour) and M30 (30-minute) charts to gain a more comprehensive view of market...
Here you can see few examples of a Retests 📊 ⚫️ First example is a regular support and resistance retest. It occurs after price breaks this zones. Price then goes back to test previous support or resistance and this is usually good place to enter a trade. ⚫️ Second example is a supply and demand retest. ⚫️ Third example uses help of volume profile indicator....
INDEX:BTCUSD INDEX:ETHUSD FXOPEN:XAUUSD FRED:SP500 NASDAQ:NDX I see this time and time again - no matter if you are trading, cryptocurrency, commodities, indices or stocks, the principle remains the same: Shorting at support and longing at resistance is GENERALLY not a good idea. I show you examples in the video and explain why. There is however a good...
Enter when these confluence factors are present. There is a Trend, Level, and Signal. Trend: Up Confluence Factors at the Support Resistance Level: Close Price 96.31 EMA 10 Close Price 96.24 50% Fibonacci Retracement Price 96.15 Horizontal Support Price 95.99 EMA 20 Close Price 95.31 Signal: Rejection Candlestick
Greetings, traders! Welcome to this short, 7-step strategy lesson. Are you new to trading? Don't worry: we're dedicated toward providing the most high-quality, easy-to-understand, and straight-to-the-point investing education to the TradingView community. This strategy lesson is beginner-friendly (we have pictures!), as we've inserted helpful links into...
This setup you can call it break and retest!!! Before going in to the trade wait for confirmation. Remenber that 80% of the time when price break structure then revisit it for a continuation. OANDA:XAUUSD
Can we get a retest and continue down?
(Note for professional Traders: If you have some experience on this strategy or if you feel like something is missing, please comment, so everyone can benefit from it :) Thanks in advance!) Hi Traders! Have you ever been in this situation: The market is clearly in an Uptrend. Big, Green Candles moving up. Making higher highs and lows. Breaking all the major...
HOW TO USE 200 EMA TO BUY COMMODITIES. 1 - 200 EMA standard measurement of bullish or bearish trends in commodity market. 2 - MA breakouts have multiple false breakouts. 3 - Wait for a breakout and then a retest of EMA. 4 - Buy at breakout of high of breakout candle. If you want to predict which commodity trading levels are worth to base your trade-off, then...
A simple EMA 200 re-test on the 4 hour, its a clean buy signal that can be easily automated with trading bots.
Hi all, this is just a tutorial displaying trading breakout in the trendline! We can see price breakout and retest the trendline and fall since then!
All description on chart. Don't forget to like and follow. Thank you.