Break-and-retest
GBPUSD: BEARISH DECENDING TRIANGLE 🔻BIAS: BEARISH 🔻
TECHNICAL PROJECTION: BEARISH
On the H4, we have a bearish bias that price will retest "B" & "D" area and to continue further bearish to 1.18700 target to complete its "e wave" from the bearish descending triangle pattern.
FUNDAMENTAL PROJECTION: BEARISH
DXY STRENGTH: Market could be pricing further 75bps hike tightening to come & balance sheet reduction to continue at $60b & $35mbs over the three month timeframe.
UJ BULLISH TREND CONTINUATION CONFIRMEDprice broke the previous high creating a higher high. Looking to re-enter buy positions on the retest of the break (highlighted blue area that i marked which says "Buy here") Be patient wait for price to create a higher low. We have a bullish week ahead of us peeps! Happy trading!
Reverse Cup And Handle SetupHello Traders.Here we Have A Reverse Cup and Handle retesting And Ready for A Sell!Sell!Sell! Ultimately I see Price Going to the .618 Fibb Level,Going Back to trend line Then Testing Off the .382 level Before Breaking out of A Triangle Pattern On the Daily To the upside. We See How it plays Out. For Now Hop onto The Sell!
#TRU/USDT 📗 TLT (Trendline Touch) + S/R Break Confirmation 📈#TRU/USDT 📗 TLT (Trendline Touch) + S/R Break Confirmation 📈
4H Technical Analysis
⚪️ RSI: 56.20
⚪️ Stoch: 72.78
⚪️ MFI: 53.03
⚪️ CCI: 11.93
⚪️ WR%: -51.72
10 25 50 100 200
EMA: ❇️ ❇️ ❇️ ❇️ ❇️
SMA: ❇️ ❇️ ❇️ ❇️ ❇️
⚪️ ADX: 45.17
❇️ ADX Signal: +DI > -DI (Bullish)
❇️ MACD Bullish Crossover ON
❇️ Parabolic SAR: Bullish
Tripple Threat shorts on oil going downLooking for break and retests - short into the purple zone. Then back to buys possibly
Best seen on the 1 hour. entries on the 5 and 15 min TF
open 2 positions at entries 2.5% 1:1 and 2.5% doen to purple zone buy target. Break even second trade when first one hits. Manny-Q style
Bitcoin Buys Idea - Wait for entry (Weekly)(Patience) Break and retest on bitcoin for weekly wick fill.
TIP: It’s kind of an obvious setup so I think you’ll get that big wick (that BTC frequently does) to hit SL on people already in a buy position or a close below support to fake out people trying to sell, then a close back above the support for the move.