We've seen UCHF pull back recently. Price currently residing at a key level of support where price has bounced off previously. We have seen bulls sitting at this level.
Will price make its way back up to our middle key level following our price path?
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Bears have taken over this market as USD strengthens across the board. Could we some retracement and rejection at our long term key level to enter a short position in line with the HTF trend?
Lets see how price pans out during NY.
TRADE IDEA: Look for a short opportunity on NSE:ASIANPAINT at 2500
Short entry: 2500
Risk:Reward - 1:3
Reason for the trade: FTR supply.
Sellers are on command in this stock as price is being sold on every small rise and price comes down with good momentum.
Disclaimer: Author may enter in trade so take your own decision. This is an trading...
On the 4 hours previously we broke above descending triangle nicely. circled white!
Right now we have a strong resistance and I believe we might be able to break through long soon.
Comment your ideas too and share your thought guys! like for more!
BNBUSDT I think is making Ascending triangle Pattern - is not fully formed yet.
Just watch out I think it will continue to claim up to resistance and we can easily take advantage of either way breakout :)
Be smart and just wait guys!
I think Binaince BNB coin can break below the 205 to even 164 before a new breakout.
Will have to watch if it breaks below the 205 first and see what Bitcoin does for now. Also remember the ending month retracement or the new monthly wick formation can break below the 164 support line. Everything is iffy till next week 1st March :) For more analysis pls like & follow
We can see price broke out of an ascending structure following CHF weakness across the board. Price is now retesting the top of this ascending structure.
Where will price head next? Two potential price paths for you follow.
Have a great trading day and weekend!
Often times traders want to know if an instrument's price is going up or down. It's an expectation of some sort of prediction.
The problem is that price could be going down on one time frame but up on another. How is that possible? It's just a matter of perspective. You could see price move down on a 1 minute time frame but that's not so important. Really -...
Still bullish here.
Waiting for a break above 1.2170 resistance level to confirm a move higher. Look to enter on the retest with targets set around 1.2350.
What are your thoughts? Please let me know in the comments below.