Get started

Brokenstructure

LTC/USDT is finally in UP TREND !!! On the LTC/USDT chart, I see a red important area of daily support and also a green area that shows daily resistance. We also see the broken trend line H4 and now the broken trend line from chart D1. In addition, the green trend line from the H1 graph shows us that the current trend is UP TREND, so it is advisable to switch to lower time frames and look for a suitable entry into the position. We will only enter the position if all the conditions of our Price Action strategy are met. Thank you for your attention. Alex_UCT
COINBASE:LTCUSDLong
by UltimateCryptoTrader
2
POSSIBLE SHORT OPPORTUNITY Hello traders! We are looking at a possible short opportunity here as we see a bearish move that broke below a zone which is not illustrated on the chart. My apologies, however, the trendline was retested and we see a bearish candle that violated a zone. We could see a continuation following this retest. Look for confirmations for trading opportunities. There are 2 targets suggested if this idea is valid. This is an idea not a signal, sharper for educational purposes. React from the market not predictions. Trade smart don’t gamble. -Rum
Short
by PipTips
4
Support and ResistanceIn a strong trending market like GAS currently in, support and resistance flip happens very often. Although other chart setups might not be as clean as this example, this technique can be used for all markets. Broken Support turns into Resistance. Broken Resistance turns into Support. So how do we determine if a Support has been broken or not? 3 ways to view it: - A lower low (Even if it is just a wick) - A lower close (Candle must close below previous candle close) - Safe - Candle close through previous low - Safest Personally, i prefer to used the safest method to view my support and resistance. There are many nuances to trading support and resistance, try them out yourself and see what works for you! Safe trading out there!
OANDA:NATGASUSDEducation
by FX20
Eur USD Long PositionI see the USD fundamentally weaker than the EURO. With a larger timeframe bias in mind, we saw the previous day break the high of a Bearish day. I would expect this day to do the same with a retracement to test a broken zone around 1.1480-1.14978 of previous resistance. My fib was drawn from the most significant movement. Targets for my long position would be around 1.14845,1.14745,1.4649 respectively. A move below 1.1440 Would likely mean that we do not have enough orders to progress towards the next resistance zone of 1.16073. I expect a small pullback followed by a continuation of the pair towards the targets of target 1.15550 & 1.15857 respectively.
Long
by Fistbumped
EURUSD short on Weekly and DailyThis appears to be a good time to short EURUSD for the long-term based on the daily and weekly charts. Weekly There are 3 key areas of resistance that EURUSD has failed to hold above and/or penetrate. * R1 * Fib 0 * GANN 4/1 All of these are within the 1.126 and 1.13 area. Stochastics are also in overbought territory with the fast crossing the slow, extremely bearish at these levels. Fundamentals are also extremely strong the USD and weak the Euro. Extremely strong probability that EURUSD will continue to be extremely bearish. A break on the weekly below the .236 level would, I anticipate a continued push down to the weekly pivot. Daily Daily shows some confirmation of the Weekly short plan. There is an upward channel/pennant that has broken to the downside. The close of 6/14 had significant selling pressure based off fundamentals and this downturn has continued throughout the trading day into 6/15 with a very bearish candle forming, almost entirely selling pressure (this is as of 1142 CST 6/15/17). Price is approaching the daily pivot of 1.1173, so a bounce on the daily at that level coupled with the daily stochastic being in oversold territory would be a touchy place to try and enter.
Short
by itsjustanalysis
1