- Like u saw yesterday, BTC dipped but the main reason for now is just the global economy being worst.
- Nasdaq Companies made big % lost yesterday - here the main list - www.cnbc.com
- The Covid19 caused a fast dip followed by a mega pump based on stimulus (brrrrr), now the real dip is ongoing.
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Trading Part ( Long Term...
Market broke the counter trend line and retesting it.
Higher time frames we are respecting this area and when we dive into lower time frame you can see the trend line break and broken structure being retested.
its Friday so we can expect the moves to play out next week. this is just my idea for next week.
Market broke structure and we are retesting it now. if we get bullish candle closures at this support we can enter a Long position with a great 1:5 risk to reward setup.
if the market does not close with bullish candles in this area and falls below then we will not enter the buys and we will wait for a good setup.
Market structure broke resistance now testing as support.
we respected this area on higher time frames multiple times and now on 15m we broke structure to potentially rally 100 pips to the next clear resistance area where the market has not tested.
great risk to reward setup. better confirmation would be if we respect the blue support zone.
Market structure showing us break of structure to the upside.
Broken resistance and created support on lower time frames.
higher time frames we have clear candles we can fill and come up to the nearest high resistance.
great risk to reward setup.
Market structure showing us LL and LH created.
Broken support and came back retested made resistance structure.
higher time frames at major resistance and when we go down to lower time frame we break it down to the market flowing sells.
great risk to reward.
can take more sells if we break this trend line for London session.
Market structure has been breaking down with LL and LH.
Market broken this trend line and we are retesting it just in time for London session. tested support area became resistance.
higher time frame we are at a supply area so when we break down to lower time frame we see a sell off.
Great risk to reward setup.
Market structure broke below this liquid zone
broke below support now retesting as resistance
looking for a sell to the nearest 15m support structure
great risk to reward setup.
looking for volume to push down during London session.
SRF: Stock is now in uptrend
a triangle breakout possibility
stock broke trend line 1 as can be seen and this time it sustained above the same for a decent three-week interval
expect this momentum to continue for targets 2850-2880 and 3200 on the upside in next two to three quarters with accumulation zone of 2200-2500
with a stop below 2120 level
Higher time frame market floating down\
lower time frame we can back up to create resistance at this area.
1h time frame is we stay below and create bearish candle it would confirm the sell.
best to wait for 15m 30m and 1h to create bearish form.
great risk to reward setup.
If we break above with bullish candles this would be invalid.
Broken structure
Looking for market to push down to next clear support area.
lots of selling momentum
Broken trend line
would be amazing if we get a clear retest.
Great risk to reward setup
Reason for the trade.
broken trend line: retested
broken structure and created support
creating HH and HL
perfect setup for London session.
i do not see how this would be anything but a sell.
lets hope markets don't get choppy or manipulate.
Market broke structure
respecting this area. next clear level of support is at TP zone. it is friday so not worth taking this trade but the techincals look good.
looking forward for next weeks trading.
Very important to wait for a clear break and retest of which direction the market is going to move.
this is the 30m timeframe. entrance would be at a 15m timeframe but we have to wait for a break of structure and retest.
patience is key here. no rush. trade can go either direction so we have to wait for a higher probability setup.
Most people are buying now...
At a major resistance zone. supply area
great risk to reward setup.
i would wait for pre london session for a more clear reversal patter as we can still easily break above. entering now would present the best risk to reward setup. but the probablity is not as high as we can get later on before london session.
1:7 risk to reward
broke structure
rejecting this resistance zone on higher time frames.
supply area rejected.
looking for a nice 300+ pip move
great risk to reward setup
