Weekly Time frame: Daily time frame: 4H time frame:
Market Structure Bullish on HTF Entry At Daily AOi Weekly Candle stick Rejection Strong Weekly Bullish momentum (Lots of buyers in the market) Daily Rejection at AOi Previous Daily Structure Point Daily Bullish engulfing H4 Candlestick rejection Rejection from Previous structure SOS 5.11 Entry 90% REMEMBER: Trading is a Game Of Probability ...
This is a publication test I think we can buy EUR/USD in H1 timeframe to target R:4 ratio. price just hited lower bollinger band + MM100 as support. We are trading over the MM100 and over the MM200 to continue the uptrend. Buy now around 1.08410 Target will be 1.08716 SL will be 1.08340
VXF - The price is currently at a weekly supply zone. It might surpass $176, but then I anticipate a pullback of at least 5% to 7%. The initial support is at $160. If $160 fails to hold, there's a possibility of a sharp decline to the $140 price zone.
Overall price is still bearish on the monthly and weekly, EU appears to be making a run to go bullish for a bit. Price has currently broken the Daily High from 4/8/24 BUT is bumping against a bearish weekly trendline. The Daily has made a nice impulse and is more than likely finishing up a correction to go into a bullish continuation. Price is a good 88 pips from...
I previously posted an idea "XU W Sell Reversal OR Sell to Buy Idea 5/4/24". Price did not sell and immediately continued bullish. Looking for price to still head to the -27% FIB area around 2555.32 for final TP from the previous trade idea. Currently in a buy with TP actually set for the -27%, while looking for another pullback on the daily to get another...
On the above daily chart price action prints within a rising wedge pattern since first testing 3000 dollars. The rising wedge pattern is a trend continuation pattern. In 82% of cases it is observed the exit is bearish. The wedge pattern is also a reliable predictor of price action forecasts. Take a measured move from the failed support to the bottom of the wedge...
We have an HVN (high volume node) at .74, which is acting as local support If we can hold this level, there's a chance we'll tap previous support at 1.04 to 1.16 Tp1: .91 to .94 Tp2: 1.04 to 1.16
Hello traders! I hope everyone is having a wonderful weekend. I am sharing a concept that's helping me understand why the market violated our marked MTF-POI. For every trade that doesn't play out according to my expectation, i need to hold my self accountable and understand why certain things happened and of course sometimes there will never be enough...
1. Breakout Strategy Enter a long position if ETH breaks through the resistance level or the previous high, indicating a potential bullish trend continuation. This strategy capitalizes on the momentum of a breakout, aiming to ride the upward trend. 2. Retracement to First Base Strategy Consider entering a long position if ETH retraces to the first base or the...
# High Time Frame (HTF) Analysis: Ethereum (ETH) is currently testing the resistance at the top of a triangle pattern on the high time frame chart. # Entry Strategies: ## Breakout Strategy (Long Entry): Consider entering a long position if ETH successfully breaks above the triangle pattern's resistance. This could indicate a potential bullish trend...
Since publishing the long idea in late August at $4.29 (orange circle) price action has zoomed up 1000%. Not bad. A number of reasons now exist to be short. They include: 1) Price action has arrived at significant support and resistance, $41. 2) RSI is @ 95 on the 5-day, 97 on the weekly chart. The highest in the history of this chart. 3) Price action is four...
After confirmation of control in the first days of May, bulls enjoyed their dominance. The market opened with a gap up on Monday, rallied throughout the entire week, and closed very strongly within the top value area. There was some profit-taking on Monday, but sellers were not able to push the price even below the previous day's high. At this stage, there are no...
On the above 10 day chart price action on this penny stock has corrected 98% since February 2021. A number of reasons now exist to consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Past resistance confirms support. (yellow arrows). 3) Regular bullish divergence. Multiple oscillators print positive divergence with price...
Bitcoin is showing signs of weakness near its recent high of 63444 . Bearish signals and RSI divergence is seen. However, still not very convincing given increase in volume today and increasing bullish signals on higher TF, it is still too early to enter market.
Market broke Daily LHs turning overall structure Bullish Entry at Daily and Weekly AOi Weekly and Daily at the same AOi Weekly Rejection Candles Daily Rejection Daily EMA retest Around Psychological Level 1.26000 H4 EMA retest H4 Candlestick rejection Rejection from Previous Structure Point SOS 1:5.26 Entry Signal 95% REMEMBER: Trading is a Game Of...
hello traders this my 1:4 risk reward setup institutional tactics strategy if you like my idea please hit the like button follow coment and subscribe and show some love wish you good luck and good trading
On the above 2-week chart price action has corrected 95% since early 2021. A few reasons now exist to consider a long position: 1) Price action and RSI resistance breakouts. 2) Support on past resistance confirms. 3) Trend reversal. A higher high prints. 4) The wedge pattern allows for a price action forecast to 130. Is it possible price action corrects...