This stock is trading in a bullish channel... wait until price breaks this channel and gives us retest to sell...If price comes back again to top side will look for sell...keep looking for short..
GOLD possible pullback to 2030-2028. After GOLD drops it will continue its bullish trend.
STRONG Reversal ZONE Price has to feel gap below Expecting a 4:1 Risk Reward Let's see:)
A couple days back I wrote that the NZD/USD was up against the roof of a descending channel. I anticipated a breakout and entered long @0.60995. Short, medium, and long term indicators support a strengthening Kiwi against the USD.
Price on NZD/USD has stalled at the top of a descending channel on the Weekly chart. If the current trend continues with strengthening Kiwi and retreating Dollar, we should see a bullish breakout forming over the next couple weeks. Price has broken above 0.60, but it still remains to be seen whether we'll see a strong close above that level.
I am currently long AUDCAD with +480 pips across two lots. Price has reached an untested supply zone and is also up against a 78.6 fib extension and 50.0 fib retracement level. I am going to go ahead and scale down my positions, take profit and move my stops to trail from break even. Short, medium, and long term indicators support both a strengthening Aussie and...
To be transparent I stuck with my plan and took my 5x by selling 33% at that dashed green like I said I would. I mark my entries with dotted greens btw. I was able to escape on a wick. Once again a candle body is being rejected at this level. I added the fib extensions to the chart and the token seems to respect them decently. You will notice a contracting RSI...
STRONG SUPPLY ZONE Price has to feel gap up below Multiple Double Tops indicating rejections Expecting a 3:1 Risk Reward Let's see:)
The trend sentiment for XAUUSD on November 29, 2023 is bullish , based on the following factors: - The economic calendar shows that there are no major events or data releases that could affect the demand and supply of gold or the US dollar today. This means that the market is likely to follow the existing trend, which is upward for XAUUSD. - The technical...
Price created a new lower low, so I will begin to look for sells here. Price then retraced to a supply zone that was respected by the lower timeframe structure.
💡Update 🔄 Looks like the price unexpectedly hit the daily resistance today, despite the high-impact news coming up on Thursday that could shake the market significantly. Surprising turn of events, but that's how it goes sometimes! I'm hoping for a pullback to around my first buy zone at 2027 , so I can hop in with the bullish movement. 📈 Keeping an eye on...
🔺 Bitcoin's Ascending Triangle in 4-Hour Frame: Bitcoin (BTC) is currently in an ascending triangle pattern in the 4-hour timeframe, which resembles a flag pattern in the daily chart. A breakout could potentially lead to a significant price pump. 📈 BTC Dominance and Altcoin Movement: As Bitcoin’s price rises, so does its dominance, which might limit altcoin...
Hello traders, On one hand, I'm not bullish on USD! On the other hand, JPY is super bearish in long-term. Take this trade considering risk management principles.
XAU/USD 4H - As you can see price has approached an Order Block on the 4H timeframes, I want to see price trade into this Order Block, for price to fill orders and offload buys, this should help flip the S&D balance. As you guys may know I am expecting and wanting to see price trade us bearish longer term, this could be the area in price we see this happen from....
This is just a quick trade that might go horribly wrong because it was rushed.
Hello Everyone 🙋🏽♂️ RSI +Supply zone 🟠 EP 38012.42 🔴 SL 38471.24 🟢 TP1 37539.91 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 37087.95 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 36635.98 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot...
I think risk reward of this trade is not high enough to put a buy limit order. So I'll look for a bullish CHoCH in 5min TF in this area and then I'll enter the position. Let see what will happen...