Tron Short TradeResistance Rejected, Forming divergence in MAC indicator. It's a good opportunity to go short
4h
shibusdt/4hEveryone knows that wave analysis is very difficult and nothing is 100% in technical. This scenario is more stronger than before scenario that I published for SHIBA.
According to symmetrical movement for waves we have another rise for SHIBA up to 0.00006776 (0.00004528 was the end of BC) if our harmonic pattern going to be happen (AB=CD) and then a mega drop beside the 0.00003485 and finally a mega rise with 210% profit (0.00010652). You can see my targets on the chart (the black ones is the end of CD and our greens are for bullish mega wave)
17 Nov'21 and 23 Nov'21 are important dates (top and bottom)
BTC - 4H BuyIf we close above the last 4H candles high I will enter buys towards $67K- $68K.
The 12H is incredibly bullish though the last one closed with no wick, if this 4H & 12H closes as above then that's another confirmation for short term buys.
I will hedge a short at $67,500 to go with the HTF bias of a reversal.
Both Daily and 4H is giving a Bullish Move for GBPUSD... At the break-out below the Key Support area, price did a temporary sell off with a 50.2pip. Looking closely to the Bullish candle building up, a spinning top was created with a Bullish Candle after that and this indicates a potential and a high probability entry.
4H Analysis on GoldHello traders. This 4H analysis on Gold shows us a trendline which has been respected multiple times. Based on technical analysis, if the trendline is respected once again, price is likely to retest the resistance level between 1778.55 & 1782.90. If this resistance level is respected, we may also see price falling to the support level between 1742 & 1753.18.
If the trendline is not respected, price may just simply fall to the support level between 1778.55 & 1782.90, and if the resistance level is not respected, price may retest the previous high on the 4H TF at 1800.
XRP - 4HAnother fib after yesterday's drop gives a 78.6% retracement at the same level as the daily fibonacci.
Expect a push up to $1.29 - $1.30 before continuing lower towards $0.50 - $0.20
SCUSDT - 4h - LongSC / USDT
Buy Now + Block.
SL - Trigger 4h (Close 4h candle below)
When TP is triggered, SL is transferred to the breakeven
SELL LIMIT ORDER FOR USDJPY: 4H SWING TRADETRADE TYPE: SELL LIMIT ORDER
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 113.170
STOP LOSS: 113.770
TAKE PROFIT: 112.570
RISK TO REWARD: 1:1
Follow this thread for any future updates regarding this specific trade
4 hour Frontline Overview, ongoing OperationA four hour timeframe battle report map. Operation Double Top.
BUY LIMIT ORDER FOR EURGBP: 4H SWING TRADETRADE TYPE: BUY LIMIT
TRADE DIRECTION: LONG
TIMEFRAME: 4H
ENTRY PRICE: 0.85160
STOP LOSS: 0.84600
TAKE PROFIT: 0.85730
RISK TO REWARD: 1:1
Follow this thread for any future updates regarding this specific trade
SELL LIMIT ORDER FOR GBPUSD. 4H SWING TRADE TRADE TYPE: SELL LIMIT ORDER
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 1.36410
STOP LOSS: 1.36930
TAKE PROFIT: 1.35880
RISK TO REWARD: 1:1
Follow this thread for any future updates regarding this specific trade
XABCD Butterfly on SRMLokking to brake that resistence, seems a good butterfly pattern in a growing RSI and ADX
EURUSD 4H swing trade. Short sell limit order in place TRADE TYPE: SELL LIMIT ORDER
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 1.16430
STOP LOSS: 1.16985
TAKE PROFIT: 1.15880
RISK TO REWARD: 1:1
Follow this thread for any future updates regarding this specific trade
Long EURUSD (4h timeframe)just a possibility
Inverse head and shoulders and daily candle close is important for today for any confirmation if the correction phase (uptrend) is over or not and don't forget ecb news are coming on Thursday with end of month on mind
EURUSD 4hJust a snapshot of my HTF markup to follow on from my morning outlook posted earlier, i mainly keep my focus on 15m during session but always aware of the bigger picture.
LOONIE Likely to target 1.24500 region as a consolidation move!Price seem to be supported by S2 MONTHLY PIVOT. A potential break of trendline could lead the price to aim towards descending trendline located at the area near S1 MONTHLY PIVOT. For the criteria to meet, The 4H candle needs to close above the trendline and 4H 50 EMA. After this the RISK TO REWARD needs to be evaluated based on WEEKLY pivots.
This move is likely just a consolidation move as the LOONIE looks to retrace slightly to a concrete psychological resistance at 1.25000. Downtrend is still in play as the currency is supported by commodities prices.
This is just my analysis and its not a trade signal. shall the the criteria meet I shall post the trade instruction in a new post.
BTC - 4H Taking sells again here after a few failed attempts, this next week should be interesting.
Trade is from the Weekly chart for the overall bias.
Clean candles to the left as well and first few targets are shown.
EURGBP - 4H Short In Trend Bearish Engulfing SetupEURGBP has formed an in trend engulfing setup on the 4H time frame. The engulfing candle nearly engulfed 6 previous candles but didn't quite clear the previous candle high but the daily and weekly time frames supported this setup. Also, nearly all other EUR pairs are very bearish.
The daily candle closed below a previous strong bullish engulfing. The weekly time frame has been bearish for the past 6 weeks.
The 4am EUR retail sales high impact news event set up this trade.
The engulfing candle closed @8am (CST) on Wednesday.
Entry at 50% retracement level.
SL set above engulfing candle high. TP set at 3X risk.
