Price pulled back to an important demand zone and then showed strong buying pressure. Entry: SL: TP: Will keep you guys updated on the progress
Hello All, hope you are doing well. Welcome to "Aglogains - Daily Trade series". Today we are taking a simple trend continuation trade to the upside. We have seen a pull back to the 3630 - 3615 range and our entry signal was a double bottom followed by a bullish engulfing on the 5 MIN time frame. Entry - 3630 SL - 3606 TP - 3676 I'll keep you posted on the...
Hello everyone, hope you are doing well. Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series". On the 1H timeframe we see a double bottom being formed at a key resistance level of 3330 - 3340. This was followed by a bullish confirmation, giving us an entry signal to the long side. Entry - 3234 Stop-loss - 3204 (30 points) Take profit -...
Hello everyone, hope you are doing well. Welcome to another trade setup as a part of "Aglogains - Daily Trade Series". On the 1H timeframe we also see a three wick rejection, the price tried to break bellow 3090 3 times and failed to sustain the move. My entry is on the 1H timeframe, after I observed a double bottom with a bullish confirmation. Entry -...
Hello guys, hope you are doing well. Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series". As I have mentioned in the previous idea, I was waiting for ETH to close above 3200 and created new highs confirming the continuation of the uptrend. We were waiting for a buying opportunities at 3160 - 3200. On the 1H timeframe, we can see a...
Hello guys, hope you are doing well. Welcome to today's market analysis as a part of "Aglogains - Daily Trade series". Ethereum is stuck in a range between 3200 - 2900 for the last 2 days, it looks like the market is consolidating here for a while given the fundamental news (US Infrastructure Bill) and other market factors. Here are the two scenarios that...
Hey Guys, hope you are doing well. Welcome to today's trade setup as a part of the "Aglogains - Daily Trade series". I have an entry after a double bottom was formed, followed by a bullish candle, fulfilling our entry criteria. Entry - 2582 SL - 2513 (97 points) TP - 2678 (69 points) Risk to Reward - 1 : 1.4 Will keep you posted on the progress.
Welcome to a potential trade setup as a part of the "Aglogains - Daily Trade series". We entered a scalping trade in the morning looking to scalp a few points from the market but the bears had a different idea. Unfortunately, our trade got stopped out, but booking losses are an unavoidable part of your trading system. That is why it is so important to manage...