Trapped buyers will want to exit when price comes back to them
Trapped buyers in a downtrend will have a desire to exit when price comes back to them
Trapped buyers will have a desire to exit when price comes back to them.
The sellers tried to sell below the monthly low and failed. Look for them to exit when price comes back to that zone : giving us a beautiful LONG trade. Go for 2x risk.
Well, what have we here. Looks like Bitcoin's dropped into a range between $9300 - $9500 on the 15m chart. If you fancied it go for a bit of range trading between these values, keep your stops tight and, as always when range trading - TAKE YOUR PROFIT AND RUN. Just take what you're given and go! Good Luck & Happy Trading
Hello Traders ! We have seen EURUSD dropping a lot today. But WHY? Actually we have seen there a nice daily level of support which was broken today. Also a Demand Zone. The thing this the Demand Zone became a Supply Zone due to the pressure from the sellers and pushed the price to the downside. We have seen that on the news today. They were good for EUR but it...
We've trapped USDJPY on the H1 chart. Theres only 2 ways this is going to play out now, all we have to be is patient and wait for the confirmation regarding the break of trend. And remember, whatever USDJPY does, GOLD will do the opposite ;)
8th May EURUSD Update EUR made the counter-rally move back to the upper parallel precisely at 1.1978 before falling away again. Having failed to hold up at the 1.1910 level it is falling further as DXY continues its long-predicted rally. EUR should fall to 1.1815 and then bounce to the upper parallel again before falling away further still to 1.1721 as the...
Bitcoin (BTC) trapped bulls but the death cross already occurred above $11k resulting in a $5k drop in price, however since the price currently is at $7k, we are still in able to have one last V Bottom to complete the bullish case
The breakdown of the XRPUSD from the big speculative top formation is readily apparent from the chart. The market is driving towards the weak long holders' stop order pool to wash out weak longs. Until those trapped weak longs are washed out, we are not going to see price rallying above 2.4 dollar mark. What I am looking for is a accumulation pattern below 1.4...
DXY: Dollar Index update: still bearish whilst trapped within the parallels (check 1 minute chart and draw in the parallels off the lows)
Friday has trapped short volume once price breaks the 50 EMA and 200 EMA i can see a nice long scalp
Trapped volume in USDJPY for all long holders. on the 4HR timeframe we have a nice Gartley Pattern playing out, and on the smaller timeframe have a perfect double top near the trapped volume area