H4 Dominant candle break up. Multiple bullish candlestick patterns in H1 chart (blue circled).
Daily in uptrend, H4 break swing point 1 entry.
Daily swing point 1 broken, engulfing candlestick pattern on daily support level. Entry on daily or wait for buy setup on lower time-frame.
The price of the GBPUSD is currently close to a resistance zone. This zone has been tested several times in the past. As you can see, I have drawn several zones. These zones have been tested several times, with the exception of the green major support zone. This is a point that has not been exceeded. When the price reaches this zone, a reversal will most likely...
Candlestick has break daily swing point 1, high possibility of daily trend reverse. Good time to look for buy entry in lower time-frame.
Daily swing point 1 break, downtrend candlestick pattern (long tail pin bar). H4 engulfing short entry.
I believe recent bullish spike seen on GBP/USD is simply a pullback and that there is further downward bearish momentum to be seen in the coming days. LAst week we saw price breaking the long trendline with a strong bullish candlestick which was followed through by another bear candle on the daily. Price then pulled back at around the monthly support level 1.2500...
Sell EURJPY, this is a good risk-reward trade. I definitely entered a bit too much lots on this trade, but my motto is RISK MORE MONEY TO MAKE MORE, RISK RISK RISK AND THEN TAKE IT ALL.
Team behind POWERLEDGER BINANCE:POWRBTC are working hard and you can see that yourself, by diving through announcements on different forums and social media. This is one coin you can read a lot about, you just need a few spare hours. This coin looks promising on long run, so I expect steady growth until the whole market reverse. My goal here is to catch as many...
This is a longer-term swing trade. Waiting for break and close of the support line.
Waiting for price to hit my levels until I look for shorts, could be a great setup
Simple H&S setup, currently the Right Shoulder is forming and showing nice rejection off the minor resistance, (same resistance level of the Left Shoulder). After price hits the neckline we are in for some money all the way down to TP and even as far as TP2 if momentum remains strong and bearish.
The pair has gone up to retest former support and treating it now as resistance, which is obviously a reason to short the pair. But not only that, this pair has now touched the trendline resistance and the 0.618 zone on the FIB, another reason to short the pair. Overall market projection is Bearish, and lets get those sell orders in with a entry on a nice rejection candle.
Head and Shoulder pattern, short and take profit at 1.16550
With the Head and Shoulders pattern clearly making itself known, the signal to sell will be clear after price hits and respects the 1.19500 to 1.21000 zone as resistance, just like the left shoulder did. For now price and future of this pair is bullish and from there on out we will be looking to ride the price down.
The bears are definitely in control of this market. Price has made its way back up to former support and can be now identified as resistance. What makes this setup so attractive is the fact that there is a "Shooting Star". With this retest we can be sure to enter short positions and ride all the way down to the 1.68000 area.
Shooting Star candlestick, this setup has to sold. Price has retested former support and is now resistance. Sell and take profit at the 0.74200 area
Price will bounce off support (Neckline) to form the Right Shoulder round about 1323. Due to minor resistance, price will then see a drastic drop to the 1310 area.