Guys US30 there been alot of buy pressure. However As you can see the zone buyer are very likely to get trap
SHORT TERM trade (SELL)
Move ur SL to 24860
- buyers losing momentum
- hard pull back is needed
- going to 0.5 fib as I have a buy limit there(unfilled orders)
- more of a manipulation trade
- looking for two entries but you one should be fine as risk to...
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for May 26th .
This is a 30-minute chart created yesterday.
Same as trading strategy,
The exact movement came out.
$ 320, congratulations to all of...
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Price as broken its wedge formation along side a re-test, GBPUSD is moving very slow today due to BANK HOLIDAY Monday, we are expecting price to take a push to the up-side through out the Asian market.
please feel free to leave some feed back I'm currently risking around 0.20% on this...
So I am waiting for this candle to close to see how strong it is for me to take the sell! I will be looking at a shooting star candle doji candle to think about selling! the 4hour TF is a downtrend!
I will also be looking out for the news at 13:00pm GMT ECB Financial Stability Review This could also could have an effect on this pair today!
Price as been falling for the last few weeks after the test of its highest high since 2016, We are now fast approaching yet another highly respected key level, which I personally am looking for a break through and a re-test to then push further down.
My approach to the markets are simple and I teach people for free in my telegram group so feel free to ask about...
So we are waiting for confirmation here I did have an entry from Friday on the trendline break and retest area! but it moved back to B/E So now We wait for the second Trendline to be tested for another BUY going to 1780.00
We can also see rejection now and start going to the 1780 area or price maybe exhausted and see a retracement...
If you check my last post from EURUSD, somebody told me I was wrong, and here we are. I might close it before TP.
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This was from Friday last week again Fib retracement levels! Broke the 4hr trendline came back to retest the trendline and now Stops are at B/E
I can see Low volatility today as in the UK there is a bank holiday so no banks will be open or hedge funds! So we can see small moves maybe in the lead up to tomorrow!!
I am looking for buys on this pair.
Firstly I am looking for it to come back test the 50% Retracement level with it to test the 4hr trendline as well!. X marks the spot!
Also I wont enter on a candle that is still open I be looking to enter on a close for a bullish hammer or a reversal candlestick to have a better entry with better RR 1:9
As we know Bitcoin has a habit of finding its footing on the lowest low possible before reaching for is higher high within the next 4 year cycle. Looking at the logarithmic chart we can predict the lows and the highs.