SETUP: When you have a good setup, signal bars aren't that important. In this picture, you see BTCUSD is in an uptrend: higher highs and higher lows. price is in a channel. when it hits the bottom of the channel, you can buy even with a weak signal bar. (I say weak because it has a relatively long up tail. tails on top of candle mean bears are forcing a selling...
EURNZD RUNNING WELL SO FAR! Currently running at a 3.4% account gain! What is our strategy? Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific...
11900 has been a resistance which Nifty has managed to cross multiple times. If sustains above 11910-11920 then a further up-move till 12000 is on cards. 12000 has been a strong resistance and breaking it decisively doesn't seems possible before the US Elections. People trading ranges can utilize the 100 point advancement and subsequent retracement of 200-300...
After big bullish yesterday now the market on consolidation position. The price seem respected the resistance area and shows possibility forming double top pattern. If double top formed and it break the neckline than a short for sell is a good call.. Stay in alert, wait for the confirmation, don't be overwhelmed, take action with stop loss following.
As you should know by now we like our key levels with confluence. So what we see here... trend line plus confluence so we go long. Been smashing it every week. Hit me up x
this is for education purposes not a recommendation always consult your financial advisor you are respinsible for any decisions you make
Likely to see multiple gaps higher this week.
I am Expecting Big Downside Move After Retracement. ThankyoU
Morning all, Price has broken below the upwards trends line and seems there is a strong signal for a potential short lining up on this pair. - As you can see from the annotated chart I will be waiting for price to retrace to the old trend line and bounce back down before I enter a short position - Patience is key here as you dont want to get caught in a...
- Troy is a great protocol that has a wide use case not only for the poping DeFi; - Down-trend is broken; - Big spike in volume. Simple & easy trade set up - stop-loss just below the trend line :) Trade safe! "Observe patterns, develop a process, hold on to your decisions".
As we can see, price broke out of the ranging channel, let's see if it makes a retest at that level which will play out to become resistance turned support, then we enter the trade with appropriate candlestick confirmation. keep it simple.
Hey guys, if you can't tell already, i make trading simple. IF this Then that. Here Audcad broke a right shoulder with this strong bullish impulse move IF the market decides to come back down and retest i will take the buy- but where is it going? If you look ABOVE your head there is of course another H&S pattern that has not given us the Right shoulder yet, which...
Some nice clean and simple analysis. We can see that the price has closed above previous resistance levels, came back down to retest that area and formed a nice little triangle at the same time and is now at the end of the triangle. Should we see a break above the triangle we can expect this pair to keep moving to the upside. My targets for this pair will be...
Pretty simple idea. I'm looking to go long on USDCHF, the price is moving in an uptrend and where the next touch of the line is looking to be is also a pretty solid support zone and also the 38.2% level on the Fib and will most likely be at the 20 level on the RSI or even lower. This is looking to be a great opportunity to buy.