Simple priceaction breakout from ranging state, set and forget style of trade. Looking for a limit order to trigger within three bars, otherwise I will remove the order. Looking for ~2,1RRR.
Long after a downtrend, could we se a new trend forming? Charts offers self explanation. Long on break of resistance on 1h chart. A bit risky, would like to se break of weekly resistance for a less risky and A+ setup, but consider this to be a B setup and tradable.
By looking at the price action, its easy to see that the pair has been moving in a bullish direction for several days, since early November 2021 to be exact. Current price action shows an indication of potential market exhaust which could result in a bearish short term correction. Looking at the daily chart we see 3 potential confluences/reasons which is in line...
Short breakout on 1h chart, in line with long and short term trend. 2,6RRR with one target-
Long breakout on AUD/USD 1h chart. Countertrend. Target one, take 50% off, and move SL to breakeven. Give entry order three bars, or remove it. Se charts for more info.
EURUSD was ascending after making a large drop in price. Today EU broke the acesending channel and made a bearish candle. I enterred right below the bearish candle. With a stop place approx. 5 pips above the high. Hopefully EU will make a big move downwards and continue to the trend it was making previously.
As The market has come down based on interest rate fears, there is one thing we all know for certain.... MONEY IS WORTHLESS !!! Capital flows to the best asset especially while there is no safety asset classes. That means money has to go back to the stock market which means ETH to the Moon Baby !!!
Confluences: 1: Stop loss hunt at previous high on weekly chart. 2: Price heading towards high of the year(2021) which is an important supply zone with many retail stops. 3: Price has been moving very quickly which signals an over extended market for the pair Summary: Price is currently over extended and has been moving in a up trend for 2 weeks straight. We...
Going short with the break of previous HL in uptrend, seeing rejections of this retested structure wth double top + wicks + engulfing candle
Confluences: 1: Stop loss hunt at previous high on weekly level plus a breakout. 2: Price heading towards high of the June(2021) which is an important supply zone with many retail stops. 3: Price has been moving very quickly which signals an over extended market for the pair. Summary: Price is currently over extended and has been moving in a up trend for 2...
Litecoin’s chart does not have to follow the chart of BTC, ETC, or any other crypto. From my analysis, LTC has not broken out into it’s potential like Bitcoin or Ethereum has. Litecoin has much more potential at this point, especially for those with a smaller account. This is a wave beginners can ride. Adding majorly to my position.
Dear traders, Amazing and easy setup on GBPJPY S/R naked charts strategy. Good luck.
THIS IS A TRADE SETUP OF DISTRIBUTION :) If you have any questions leave any comment below ? Have a blessed day:)
OANDA:XAUUSD 1. 1 hour candle closed bearish. 2. Resistance was created. so was looking for a sell if the new candle breaks the prev candle . W 3. Went LTF to look for a entry. 4. However, candle did not break the low. 5. Instead, a support was created in 15m. 6. Took a buy when the candle breaks the 30m high and secured 9 pips. Its not about making...
Strong weekly downtrend shows price will continue to respect the trend. Sell limit order on D1 daily resistance zone.
Good day guys, as promised, I am delivering my first update of the week for this setup. The next update, should be our entry into the market. I want to see a possible last push to induce buyers into the market, following by a star pattern formation and an aggressive sell off. That is what I am looking for to get you all into this phenomenal setup. This could be a...
Gold was bearish then consolidation and now it is time for some bullish, gold inside an ascending channel, I am going Long. DXY ıs at 91 at the weakest level, we saw on Monday how the USD was bearish. Be aware, all technical analyses are subjective, and the analysis may differ from one to another. When you establish your trade, make sure you setup a SL before...