See the charts below in how I entered on a retest of the diagonal trend line. In this process, I am trailing my stop loss.
Hey guys, this pair traded to the daily resistance. We see a bounce from that level. On the H4 timeframe, it has been forming lower lows and lower highs which indicates it's bearish momentum. I expect this pair to continue falling
The first question i always ask myself is "who is in control of price?" that way i can analyze my trrading from a price action point of view. So, who is in control of price on this one? First we have a bearish trend followed by a tiny pull back and then an indecision candle which tells us that the bearish power might transitioning to the bulls. Of course i...
USDSEK Target Price 8.49905
USDCNH. Look For Bearish Price Action Signal.
If we bearishly reverse here and make yet another lower high we could see Bitcoin break below $28,000 and go all the way down to the daily support levels of $24,000 and $19,000
On this 30min chart showing price history over the previous month, we can see that NIO is in a down trend. Lower highs and lower lows Besides the basics, Guth 3x confirm gives a sell signal while MACD shows we are at peak bull strength which means we should see bears regain control of this bearish trend. Today is critical! If we see a new high, then this...
NZDUSD | Lower Highs and Horizontal Support Resistance Line
Bitcoin reacts on one-to-one geometry. Market creates sequence of lower highs that indicates downtrend. So possible short.
GBPUSD Watch For Buying Opportunities May 17th-21st, 2021.
AUDCHF Lower Highs and Higher Lows (Pennant Pattern)
Overall EURAUD is in a downward trend therefore we just trading with the trend, as you can see the market keep making higher lows and lower lows and its respecting your trend line so I found my opportunity to get into the market, 3:1 risk ratio take this analysis with precaution
Hello traders and investors! Ok, NIO behaved exactly as we thought it would, and it did the “worst-case scenario” we discussed last week. The link to the previous analysis is below, as usual. In the 1h chart, it lost our previous support level at $ 37.54, and this made NIO just seek the next support, at $ 34.85 area. In addition, NIO is in a short-term bear...
Trade in the direction of the break. I will wait for a close outside the pattern as a confirmation.
Watch how price pull backs to the exponential moving averages. If price pulls back and forms a pin bar with a long-tail wick, then enter a short position.
Look for trade opportunities on the H4 Chart, H1 Chart, on M30 Chart. Particularly, look for a series of lower highs for a sell. Look for lower highs moving into a support level. And for price to break and close below support level. Then support level will turn resistance after the close. In this example, GBPCAD broke and closed below trendline support. ...
Lower Highs are pushing into trend line support. Wait for confirming price action signal like a pin bar for an entry. Lower Highs are present on the Daily, Weekly Chart, and H4 Chart. EMA 10 EMA 20 are pointing downwards on the time frames mentioned.
See Price Range 110.964 to 110.387. You will see a series of lower highs going into the support line. Support line was broken and turned resistance. After the break, enter on the retest of resistance line (110.387). Price broke exponential moving averages (dynamic support resistance) and retested it. The "intersection" of horizontal support resistance and...