Perfect example of a breakout and retest in a high time frame for BNB. If you can get an entry, it could just be the swing trade of the year.
Enter at the breakout, with a stoploss at the previous swing low.
TP where you feel comfortable. Enjoy.
🖥️ We have determined there is a 70% chance Bitcoin will Fall from our current entry point.
📉 SHORT - BTC : $28.550 📉
💵 Length of trade: we are expecting BTC to hit a $1,000 scalp, with a high end of $1,500, and a minimum expectation of $550.
🕰️ Duration of trade: we are expecting the minimum profit target to possible get hit by market open in NYC. Then we...
This stock had been a BO after a good move now made a flag and pol PATTERN and given a BO now 1:1 1:2 1:3 RR Achievable.
Its just a my setup let me know about it in the comment section.
DISCLIMER: Its not a call before investing take an advice from your financial adviser.
My focus of late has really being focused on the performance of GOLD. Based on my technical view, expecting to see lower prices in the coming weeks. Share your thoughts, I would love to hear your views
Confluences:
-Price retraced to the 78.6 fib level
-Price consolidated after the retracement a bit
-Price just broke out of the consolidation
-I will get in on the retest of the consolidation box
Feel free to tell me what you guys think!
we see a support that it failed to break, it bounced on the level which was set on level 2 consolidation. this could be changed if they constantly trade around that zone. Sasol is best left alone for now as it is unclear with its movement.
If price breaks down and I can establish a clear or clear(ish) b wave I'm going long and setting up possible sell limits. Thanks for checking this out! Have a good trading week!
GBPUSD has been in a consolidation period for a few days now on the 60min.
It broke out of the Balance Area this morning and now I'm looking for a retest so I can get at least a 1:1 R:R on the trade.
