As we can see price is near two major support zones mentioned on the chart with green zones and we are looking for a rise near these supports like the green arrows. <>
📉 Text marks: bos = break of structure (based on candle body close below/above previous structural impulse) ph, pl = protected high or low (which holds current structural impulse) liq target = liquidity target (institutional profit taking levels, main targets based on current price action) rsz, rdz = refined supply and demand zones (specific areas to look for LTF...
Probable: There is a high probability of the the market continuing bearish as we have a Head & Shoulder, Bearish Flag and the market Broke the HL and retested it (the grey zone). Then the market broke the bearish flag support and it had come from retesting the BOS before closing Friday. On the daily you can see that we are in a bearish trend below: ...
Looking to play the recovery up from the bounce from 2 positions. The 1st target 1090 and 2nd target 1236. Friday's candle had good volume. the proper entry would have been 30 August daily close but better late than never. 1st TP=2.44 2nd TP=4.31
👋 Disclaimer: All ideas here are for educational purposes only, not financial advice. Your trades are yours only, and your complete responsibility. I'm not particularly bullish or bearish on any given instrument, and I don't have a "fixed" bias. I'm just following the strategy I learned from my teachers and that's all. We can have completely different views on...
Probable: We are looking to go bullish on UJ as the market is in a very strong bullish trend. Currently waiting for a pullback to around either 139.162 or 138.087 Possible: The market could continue with the impulse movement before giving a pullback or some market exhaustion.
Hey traders, EURUSD is trading in a long-term bearish trend. However, the pair was consolidating this week. The price formed a wide intraday horizontal trading range. To catch a trend-following move, wait for a bearish breakout of the support of the range. A bearish continuation will be expected then at least to 0.98 Remember, that the range can be broken to...
On my previous USDJPY trade idea I said that if there was a clean break of 138 then we would move up to new highs this occurred last week and have now entered a HUGE untested SUPPLY/SELL zone with a nice 1,2,3 push topping formation on both the WEEKLY Chart and on the RSI showing this formation with the MACD also starting to show divergence. When these sort of...
this is number 332... As a summary of what had happened in the full-month August: what you are looking at was hourly chart in August for fkli-aug. FRm the beginning of the month till 17th Aug, index was moving in uptrend. After the mid-month, we had a huge drop frm 17th till 24th August which went frm 1530 all the way to 1465...frm thr, we had an "end-of-month...
Previous Monthly candle closed Bearish with a long rejection wick. High Probability The next monthly candle will fill the previous candle wick. We could continue the bearish momentum in September before pushing to the upside. Overall GBPJPY is in a Range I am anticipating price to respect my 1hr zone to continue to the downside. Liquidity is found in my retail...
Hello Traders ! This is the GBPUSD Technical Viewpoint in The Short Term . GU is moving in a buy direction from the current level to the resistance region indicated in the above chart. Risk Warning: Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be...
For Educational Purposes Only ! In Monthly Time Frame, 50M close to 200M SMA
For Educational Purposes Only ! A VCP contraction with a 50W and 200W SMA Crossover.
For Educational Purposes Only Attempting to take out 50W SMA.
For Educational Purposes Only. At 50W and 200W Crossover ! T1 472
Hey Guys, Yurii Domaranskyi here. Risk vs Reward = 1 to 10.28✨ It means if you risk here 100$ you may make 1028$ Not bad, huh?
We were looking for this pump from the major support zone on the chart: more pump also is now expected only if the 0.0003$ resistance zone break. <>
Here we can clearly the next move for BTCUSD, baring in mind we in a very strong Bearish (SELL) Mode, hence this is a Scalping Sell Setup we’re having here, we’ve got our EP (blue line) & our TP (golden line), keep a close eye on your trading setup, happy PIP hunting trader.