Here is USDCAD Short I have already entered from the 5min TF Stops are already lock in B/E
I use 1hour TF To determine the Fibs trendline and Zones! Lower TF To get in the best entry!
Although price has broken structure to the upside, we are moving very correctively and we are approaching a high value/confluence level. If we see a rejection, we could place a risk entry at the top of structure to catch the potential move.
4 individual strategies combined into one, simple to use. when a buy is valid the candle will turn GREEN with a {BUY} label. when a sell is valid the candle will turn RED with a {SELL} label. this works on ALL timeframes and pairs!
AUDCAD- sell still running in profit
Yep - the algos play out the addicitons of their masters to cheap money: low interest rates, REPO pumping, and the implicit guarantee from the FED. But an itty bitty virus that disrespects world leaders, has everybody flummoxed and reaching for safe havens.
In this screencast I show a bit of algo action and some smaller time frame trends which can last for over...
1) Price has reached manjor support on the longer term charts
2) Price has broke the downward trendline and now broke the 0.6706 price level
3) Price looks like it is retesting this zone
1] If price rejects this zone then price may be driven to the upside
Looking for a Long (Buy) trade. Risk to reward is roughly 4 so it is favourable.
For my free shorter term...
I don't like to speculate too much, thus I am very cautious when mentioning
anything further than a few days from now on into the future.
This idea was born as an answer to the question pitched
by fellow trader - nickrandy1 . Respect!
Simply two charts. The #1 major reason why we are going sky up
is mapped above - the FINISHED correction model...
I go through a number of time frames and explore the price action and probabilities.
No predictions, No recommendations. I'm short on this market at this time.
Disclaimer: Your losses are your own. This means you sue yourself if you lose your money.
GBPAUD has formed a acesding triangle on the 1HR and 4HR time frame and has broken the resistance that was previously tested and rejected successfully 4 times, price action looks to retest this previous resistance and flip to support. Price action is making higher highs showing a uptrend of price. On the 4hr time frame a dragonfly doji has formed showing an...
After a week and abit of dropping sharply, looking for retracement and probable further downside momentum.
This is a prediction of what i think may happen, please! trade at your own risk!
Symbol: Bitcoin vs usd, XBTUSD, BTCUSD
Bitcoin has just got support at 10350-10600 zone. The following days, it may consolidate to decide the direction.
There are some Trend Lines, Red Lines for Resistance, Green Lines For Support.
Short Signals: when it is rejected by Red Trend line with Yellow or Red Signal in "9 Seasons Rainbow Indicator".
Long Signals: ...
Symbol: Bitcoin, XBTUSD, BTCUSD
Timeframe: 15m
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signal:
Short Timeframe: 15m Blue - Support
Long Timeframes – Context: Green - Upward Trend
SETUP: LONG
ENTRY @ 10351
SL @ 9999
T1 @ 10999
T2 @ 11199
T3 @ 11499
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a one-week...
Symbol: Bitcoin , BTCUSD , XBTUSD
Context: Descending Channel
Indicator: 9 Seasons Rainbow Multiple Time Frames Pattern
Charting Timeframe: 15m - 11H
Short Signals:
Green->Red on 15m-30m + Yellow on 1H - 2H + Green Context
Yellow -> Red on 15m--1H + Red or Yellow Context
Green -> Red on 15m - 1H + Red or Yellow Context
Zone near upper border of the...
Trade Idea
Broken out of the channel formation to the upside.
There is scope for mild selling at the open but losses should be limited.
Bespoke support is located at 74.85.
Further upside is expected although we prefer to set longs at our bespoke support levels at 74.85, resulting in improved risk/reward.
Expect trading to remain mixed and volatile.
We look to...
