We had a glorious breakout yesterday and today have seen that candle retrace more than 50 % of its length liquidating all sorts of top buyers no doubt. This happened after price manages a wick above the monthly 50m (in orange) but ultimately was rejected from that zone. It wasn’t just the monthly 50ma that put up the resistance however…there is in fact one last...
ITC at very crucial Level. the stock maybe break the resistance or take rejection from the resistance. Add this stock in your watchlist Make sure do your own analysis first
Have identified break and retest setup occurring in gold at the moment that DXY seems to want to rebound. All requirements met for Reversal and B&R playbook setups. Lets find out what happens
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for GBPUSD . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Second and last trade activated in this London session was a reversal setup and entry with all playbook criteria met. Lets see how it goes its moving fast
$AAPL faced 4 rejections at ~$156.48 which is acting as strong resistance. Note as the largest holding in $SPY, AAPL has a significant impact on the overall market direction. I anticipate further downside after this latest rejection and see $160+ as low probability.
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this TOTAL2 aka ALT MARKET CAP update. TOTAL2 is forming a channel in daily time frame and currently hovering below the resistance line. We need a clear breakout of this resistance line to go long in Alts. Longing anything at resistance is more risky. BTC is...
Break and retest setup criteria has been met and we will use the latest rejection candle as our entry signal to try to gain at least 2R from this trade
UJ has made our Libra / Head & Shoulders pattern and rejected from base of right shoulder multiple times. Lets see if JPY is ready to show some weakness yet
EURJPY setting up to go long after it broke the H4 trendline, retested and rejected it. It has also broken a symmetrical triangle early without coming close to the apex point and created a small bullish harami pattern after the retest. Could it finally gain momentum to push higher or could it consolidate more and test the 38.20% Fibonacci level then head up?
NJ has presented a nice break and retest trade in line with JPY weakness and potential NZD strength. Lets see if it can at least play out for 1:2 RR
Asia has had some movement already and a nice shakedown especially against AUDUSD. However, most pairs against USD are still in technical uptrends and with a fresh session we look to enter an identified break and retest setup using rejection candles in NU. Lets see how it plays out
SETUP Break & Retest spotted late and opportunity taken. Lets see if setup plays out
NU has met requirement for a reversal setup with multiple rejections stalling out sellers, going for at least 1:2RR
RPL/ USDT 3h Binance pair Shows Long Position , Because Relative Strength Index reverse after touching 30% lowest bar mostly Time Frames Shows Long Position According to RSI expect of 1day . if you have any other idea about RPL please share your idea.
Asia has setup a nice reversal trade strait out the playbook and provided us with double confirmation on entry. Let’s see if we can at least a 2R out of this one
As Bitcoin rejects off the key area it's following the prediction path line accurately so far over 2 weeks after the initial idea was published. The 4H 200EMA has provided support once again and on the 1D 30EMA support has held. Due to this BTC still has a good chance of progressing in the bullish trend if this structure holds. However, the overall trend...