Price broke out of ascending correction. Already in from the top. Looking to scale in for another entry - will be looking for a brief retracement and then entering
Waiting for break of trendline and support zone before considering shorts. Will only enter shorts on the retest.
Continuation from this scenarios: both area limits served at Line in the Sand for further reversals, both with break-pullbacks. Do I need to say more? MTF + auction market theory + volume profile = edge.
Fuchsia zones are HTF value area limits with supply zones from march, green zones are VA limits with demand. Flag movement with black line showing pole and rectangle showing flag. Looking for continuation once tests green dotted line at 1.1285. Exit at top of area 1.1379. 11/22 tick stop. If top gets tested first you could go for the pullback instead of...
CL1! - Crude Oil - WTI - H1 - Intraday Analysis - We have a major Bullish Trend on the Daily, H4 & H1 charts, price has broken the resistance level 37.50 witch is becoming a Support zone . This is a significant sign that the Bulls are leading for the moment, so we will be looking for a Long entries only if we are still above 37.50$ until we have a bearish...
Hello Traders Here is my view on NAS100USD. Price flip resistance to act as a potential support and rotate back to flip zone. This level could be a solid area to watch for bullish setups on smaller time frames. However, if price breaks below the structure it will invalidate this setup.
Hello Traders Here is my view on EURCHF.
Very large value area + demand zone play as ZB is approaching new lows. Both of those drawn on the chart. Looking for longs at 174'02 but my favorite place to go long would be 173'02. Once it bounces, expect a pullback from the down move at least to previous swing lows and VAL of yesterday at 175'08. For stops go for 8 ticks (based on lower timeframe structure at...
everything is crystal clear on the chart. . . . . If you liked the idea click like and follow to see more upcoming updates. I'll be glad to know your opinion in the comments. This is just a bit of financial advice, do your own research too.
Price has retraced 50% of the big bullish move. Looking for the first impulse and will be joining the move on the first correction
Divergence found in 15m chart in MACD Multi Time Frame Stochastic shows 30m, 1h and 4h Over Sell. 50% of Fibonacci Retrace reached. Price close to Support Area. For safer entry, wait for both MACD Lines to cross above 0 and wait until price crosses up 38.2% Fib Level. Target1 is 61.8% of Fib Extension (1.1030) Target2 is 100% of Fib Extension (1.1120)
everything is crystal clear on the chart and we have MACD divergence on daily time frame and a 4H bearish engulfing candle. this scenario will be invalid after the close of a 1H candle above "1725". . . . . If you liked the idea click like and follow to see more upcoming updates. I'll be glad to know your opinion in the comments. This is just a bit of financial...
Patterns 1. Harmonic Pattern shows a Bearish Crab (Bear) 2. Leaving the ascending channel at the bottom (Bear) 3. Forming a symmetrical triangle pointing upwards slightly (Bear) 4. Elliot (correction) wave ABCDE is at play which could become double or triple top or a head an shoulders (Bear) 5. Declining volume shows there's no big price changes coming (So for...
Price is within the channel and looking to buy the bounce off the channel support.
Mapping the price in weekly: Some rules to understand the strategy: - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div: Trend vs demand/supply -Ascending trends with red cloud is most likely tested twice before break up. -Descending trends with...
A bit hesitant to take this short as USD seems to be on the verge of reversing. Will be looking at how price reaches the descending trendline and then act accordingly.
Will be looking for price to break trendline and support zone. Will be looking to enter on a retest