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4hr

Dash sees bullish surge after inv h&s/4 hour golden cross comboDash has had an incredibly bullish last 2 days after triggering a 4 hr chart inverted head and shoulders pattern and following it up soon after with a golden cross on the 4hour chart as well. Now may not be the best time to go long on Dash however as it is just now seeing a slight bit of red and seeing as how it has reached well above the inverted head and shoulder breakout target, a small retracement may be due before more upside...It's best if you aren't already in a dash position here to wait and see what its next move might be....the 4hr stoch rsi is definitely at its ceiling here but on a bull run that doesn't always matter. I will be watching to se whether or not it tries to complete a cup and then retrace to create a handle and also be keeping a close eye on the 1 day chart(not shown here) to see whether or not dash can get the coveted dashbtc 1 day golden cross...the 1 day golden cross has coincided with several other alts' bull runs the past few months so this will likely also be the case for Dash as well. A definite coin to watch...only reason this idea is neutral is because it is currently due for a small retrace. Jumping in on DASH slightly after the retrace seems like a good point to get in for anyone who isn't already in.. but its also possible that it may not retrace until it is finished forming the cup on the 1 day chart. If so patience and timing is key FOMOing in erratically is never a good idea. Just my opinion though so don't mistake this as financial advice :P It is -NOT-. Thanks for reading.
by DrDovetail
Long CHF/JPY!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4-8 Hours Actions on - A – Activating Event Currency Pair pushing through resistance line and heading to next resistance line. B – Beliefs Market move towards the first Target 1 level @ 110.00 FX:CHFJPY Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 110.00 Target 2 @ Risk/Reward @ 1.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Long
by SMPTrader
2
Possible USD/CHF Long position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-3 Days Actions on - A – Activating Event Currency Pair breaking through resistance line and heading to next strong resistance line B – Beliefs Market move towards the first Target 1 level @ 1.01 OANDA:USDCHF Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 1.01 Target 2 @ Risk/Reward @ 3.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Long
by SMPTrader
1
Possible USD/CHF Short Position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4-8 hours Actions on - A – Activating Event Currency Pair creating a Double Top . B – Beliefs Market will find resistance at current level at @ 0.9955 level and move towards the first Target 1 level @ 0.9926 FX:USDCHF Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 0.9926 Target 2 @ 0. Risk/Reward @ 1.6 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
Possible AUD/CHF Short position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-2 days Actions on - A – Activating Event Currency Pair creating a Double Top . B – Beliefs Market will find resistance at current levels at @ 0.716 - 0.719 levels and move towards the first Target 1 level @ 0.710 FX:AUDCHF Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 0.71 Target 2 @ Risk/Reward @ 2.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
Long AUD/CHFSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4 Hours Actions on - A – Activating Event Currency Pair pushing off higher support line and breaking resistance line. B – Beliefs Market move towards the first Target 1 level @ 0.716 FX:AUDCHF Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 0.716 Target 2 @ Risk/Reward @ 1.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Long
by SMPTrader
Long EUR/CAD!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4 Hours Actions on - A – Activating Event Currency Pair pushing off higher support line and breaking resistance line. B – Beliefs Market move towards the first Target 1 level @ 1.52 FX:EURCAD Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 1.52 Target 2 @ Risk/Reward @ 1.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Long
by SMPTrader
eur/gbp bullsih set up.on the eur/gbp there seems to be a basic support and resistance channel going on. Delving in to the 4hr timeframe, I see a rising wedge pattern WHICH could also be a double bottom as well. Either price will break out of the rising wedge and retest support OR it could break above the rising wedge and go up. Either choice is up to preference of trading style. 1hr timeframe shows MA's about to crossover so I hope that is a good indication that price will move up as well.
Long
by chiefcapitalfx
1
Possible GBP/USD Short position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-4 days Actions on - A – Activating Event Currency Pair creating a Double Top . B – Beliefs Market will find resistance at current levels at @ 1.324 - 1.3325 levels and move towards the first Target 1 level @ 1.2990 FX:GBPUSD Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 1.2990 Target 2 @ Risk/Reward @ 4.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
3
Possible NZD/USD Short position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-3 days Actions on - A – Activating Event Currency Pair creating a Double Top . B – Beliefs Market will find resistance at current levels at @ 0.6848 - 0.6893 levels and move towards the first Target 1 level @ 0.671 FX:NZDUSD Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 0.671 Target 2 @ Risk/Reward @ 2.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
1
Possible GBP/CAD Short positionSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-4 days Actions on - A – Activating Event Currency Pair creating a Double Top . B – Beliefs Market will find resistance at current levels at @ 1.744 - 1.76 levels and move towards the first Target 1 level @ 1.72 FX:GBPCAD Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 1.72 Target 2 @ Risk/Reward @ 2.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
Long USD/JPY!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4 Hours Actions on - A – Activating Event Currency Pair pushing off higher support line and breaking resistance line. B – Beliefs Market move towards the first Target 1 level @ 110.350 FX:USDJPY Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 110.350 Target 2 @ Risk/Reward @ 1.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Long
by SMPTrader