I decided to go as low as the 5minute timeframe for an entry into this Bullish Pair. As I noticed price respecting structure creating higher highs and higher lows on the 1hour, 30min and the 15 minute time frame, I felt very confident going Long upon a retest of any support along with a reversal candlestick. After a 30 min higher high and a retest on the buy side...
TIE looks good on the weekly charts as buyers soak up the minor pullback above the EMAs. Expecting to see the pullback hold as a higher low and drag in more buyers in coming sessions. Watch the video for a more detailed breakdown of the price action. Remember to take a look at www.tradethestructure.com
Major Cryptos were under pressure in the US session as prices fell across the board. Many are extended and will need to flush buyers out to reset if there is going to be another leg higher. I take a look at majors like BTC, ETH, XRP, EOS, BNB, ADA and LTC. Enjoy the Video and check out Trade The Structure profile and website.
Spot Gold has had a good move higher the previous sessions and is moving up nicely on the Daily timeframe. That being said, price may need to flush out some buyers on a push lower to reset for another leg higher so I see some opportunity for a sell entry if the price action plays out. Looking at the Daily chart and 30 min chart for the trading chart and sell if...
Ripple is set to run higher as buyers support price at higher levels. Bulls will be frothing at the mouth if price starts to attack the highs so watching for price to continually be supported on dips. Watch the video for my full explanation of the current price action and where I see the opportunity.
We take a look at the AUDUSD, EURUSD, GBPUSD and USDJPY for trading opportunities after the USD comes under pressure from weaker than expected manufacturing data