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4hr

How price action works.If price is from a strong downtrend and it creates a key level, it will start retracing and if it does not form an engulfing candle or a shooting star at resistance or a candle that is 50 percent of the bearish candle or above 50 percent, it will come back to test that zone and even create a lower low, and if it does again it will do the same thing and still test that zone. So we have to wait for the retest and a confirmation candle or pattern so we can get in. Pure price action. Take note that, price action repeats itself all the time. Look for awhere the market has created a level on the 4hr timeframe nothing less, because the 1hr does not hold enough confluences for price action trading. Thanks please leave a like and follow me please it will be of help.
OANDA:SPX500USDEducation
by ButterflyBerry
Algorand in FebruaryAs Market is Bullish and lows are getting higher, Resistence is being touched several times and the Bulls are testing new highs. Within each 5-7 days swings we can see an average of +0.0100 movement. Also new channels are made after every swing under them, where surpassed, for instance 21st of JAN, bearish trends touched support level. Pay attention to the new lower channel level. "Yellow" If Bears surpass this channel then support levels will be tested. (Aggressive bearish movements in future might push the resistance and support levels lower.)
COINBASE:ALGOUSDLong
by UnknownUnicorn15820269
1
Eth plan over the next week Very clear ascending triangle forming on the 4hr Hoping a BTC crash doesn't ruin the parade but Alts have been holding strong IMO Be sure to wait until engulfing pattern to enter. First take profits upon break upwards is $1687 Also yes I know most would enter upon break of the triangle but getting in early here is better imo. Worst case for me is I sell on breakdown of the next bounce for 5% profit. Worst case for the entry on break is never entering at all. Best case I make more money than someone who entered on break. This is just my trading style. I know I don't need to explain myself but I'd like others to understand my methodology. Ask away, let me know what you think.
COINBASE:ETHUSDLong
by StevoMoe