🐶📉 Market Context Are we on the verge of another downside correction for FLOKIUSDT? It certainly looks possible! Strategy Friday saw a strong move down, and we usually fill those wicks sooner or later. Given this pattern, we could see FLOKIUSDT dip a few more pips. This setup presents a quick 1.5:1 risk-reward trade—an exciting opportunity to capitalize on the...
Market Context IOUSDT just attempted a breakout, but I’m not buying it. Here's why: Chart Analysis Despite the recent breakout attempt, the volume isn't convincing. Without the necessary volume, this move seems weak and likely to reverse. Strategy I’m expecting IOUSDT to dip lower before it catches the wave with BTC's anticipated pump later this week. This could...
Market Context Is LEVERUSDT set to dip from this point? The signs are there! Chart Analysis We couldn't establish a new high on the daily chart, even with decent trading volume. This setup suggests a potential move lower, presenting an exciting quick trade opportunity. Strategy With strong volume but failing to break higher, I’m betting on a downward move. This...
Market Context GNOUSDT recently saw a significant spike in volume, but we couldn't establish a new high on the daily chart. Now, we're consolidating within a trendline on the H4 timeframe, hinting at a possible false break. Strategy I’m betting on a move lower. This setup looks like it could play out quickly today, but we might see the downward momentum continue...
Hi traders, as you see gbpjpy is in big bearish flag pattern, price didnt break high of our impulse so this setup is still valid for me. Price break our trendline agressively so that indicate that price is lossing buy momentum and it might push lower. But in order to confirm that move we need correction so that our price action will be complete. I will wait for...
Eurjpy has been a strong uptrend lately. The catalyst to this strong move to the upside was the Inverse head and shoulder that formed. Price broke the neckline of the IHS which also served as a level of resistance. Because price broke this level, it will now serve as support. The break of the neckline caused price to create a new high (or higher high). ...
This is a trade idea and for educational purposes only.
My current thoughts on NZD/USD Multiple tests of resistance at 0.61000 which I think killed the bullish momentum for awhile. My thoughts is that is that the market will move down to test support around 0.59500
Impass - waiting for the direction - - bearish view: 1 supply has been touched - suggesting that the move is to the downside. 2 Bearish head and shoulders - 4hour clearly emerging - 3 Pullback in order to carry on bull trend. Bullish - Trend is up - trend line for the 4 hour is looking to pullback to bounce off and head up to the next zone? pullback to...
Hi traders! Possible Bearish Gartley pattern setup here. AB=CD pattern setup as well Good Trading ;)
Hello! In the comments below will be a link where I share with you How you can trade the Bat Pattern. Best Regards, Errol Muller
EURUSD bounced back before hitting 1.1500. Now is testing a local trend line, but I am expecting it to not hold bears pressure. I am expecting the price to continue dropping towards the 61.8 Fibonacci retracement before another rally.