Doji
Waiting for BUY SignalI m not sure about the shape is forming now. This is 1 hr chart and we are able to see it above 10K if this continues and we stay above green line things will br positive.
from 5 min to 1 hr chart all i see is doji candles. which means caution. uncertainty and indecision.
we think from nw it will go up.
all longs ready. now whales will pulll that down.
when lot of uncertainty just hold the breath and wait for right action.
i sold at 10300 but when i saw its growing to 10700 lot of greed came in. this is what whales want to do. Dont you worry we will make sure to take right entry before 600 MA golden cross and then sky rocketing the price. but this week we do not have room to grow to 15k. Have'nt said that , anything can happen because,, its BITCOIN. !!
but i am waiting to long on my buy signal.
follow me to know when is buy signal.
Thank you.
RUBI: possible reversal before earningsRUBI moved into overbought (MFI indicator) territory after a cup and handle formation. Will set a tight stop at the peak of the gravestone doji and look to sell before earnings. If this eventuates, it could form a larger cup and handle formation, something to keep an eye on after earnings is released.
Nail reversals for high leverage tradesCOINBASE:BTCUSD
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A groups of technical indicators to find entries & exits at exact reversal points..
The Mighty Doji along with decoding the visual data allows this...
( If only my TA & frame of mind could be up to the challenge! )
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A pursuit of perfect scalps..
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BTC Road to 20k - V4: Trend reversal on the daily?
The red trendline is a key level, if we drop below 11k, most likely will see lower lows for the next few weeks.
Most recent doji showing indecision, could lead into a reversal or more down trend. Watch the 1,2,3,4 hr charts for hints for the next daily.
If the next daily candle printed is green, put on your moonboots - 13k and beyond.
This is not investment advice. Counter trading me is a good strategy :D
forexTrdr USDCAD- 170 PIPS PROFIT EXPLOSION ABOUT TO REPEAT?Afternoon traders,
After a big number on US Non farm payroll data surprised the market on Friday and threw the market into doubt over whether the US central bank, the fed, will cut rates at the next meeting giving the US dollar a bounce in strength into the weekend against market expectations. We are looking at a long setup in USD versus Canadian dollar with the pair slowing and bouncing off February's low resistance levels as highlighted in our trading view chart.
We have also highlighted how oversold the pair are on stochastic and rsi indicators with. We have highlighted on the Stochastics the last time the pair hit this level and resulted in a 172 pip move higher. We are therefore targeting a move to low to mid 1.32 area and at the same time place a stop loss just under the recent lows skewing the risk reward in our favor on a 3.8 basis . We recently had a doji form on daily candles suggesting we have reached a near term low as selling volume matched off against buying volume which generally points to a change in direction nearterm.
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Another example of a doji (support and resistance)So the price crashed into the uptrend line on my chart and a doji formed at the end of an uptrend. When a doji forms like that during an uptrend it can signal a reversal. Keep your eye on candles like that. Also notice that if you would have sold at the doji and watched it drop it bounced right off the 50 MA. That tells you a lot. Understanding support and resistance is a huge part of being a successful trader
EURAUD Massive daily resistance and rejectionNow EURAUD is a pair I have come to build some what of a love hate relationship with over the past 6 months. Previously taking shorts at a similar level in January before being annihilated by the flash crash. Luckily I did re enter and caught a lovely 500+ pips. Anyway that's besides the point, currently we are back at this huge resistance zone, where we saw daily pinbars back to back. This along with a few other confluences prompted me to enter short position, but hey what do you know we get a lovely news release pushing us up and through the zone leaving a slight fake out. On the 18th June we then saw buyers continuing up before plummeting back down engulfing 3-4 days of previous price action! At the time of writing we have just seen another pinbar printed and left on the daily with a Doji body. This again, along with other confluences has prompted further short entries for myself!
Overall view of XAUUSD1358.5000 top level was reached after a sharp bull trend. Prices settled on a resistance zone and were subjected to a bear pressure. On the daily chart has formed a lower doji bar, confirming a rejection by the bears to drive the prices higher. 1360.000 is an iconic level since 2016 and prices tend to plunge every time they reach that strong resistance area. Odds of a reversal and a bear run are medium/high.
Possible targets : @1320.000 (+2000pips or 20$ per ounce) and @1270.000 (+7000pips or 70$ per ounce).
Advice : Stay bearish and sell at any high point while we don't break the resistance zone or 1360.000 top level.
Correlated pairs : XBRUSD (brent oil) -92.2%, XTIUSD (crude oil) -87.9%,USDCHF -87.9%, EURUSD 69.3%.
We are more likely to experience a strong bull spike with the Energy pairs and USDCHF while a minor effect on the EURUSD.
BITCOIN forming beautiful Candlestick Analysis in 9000.Welcome Traders to SNIPERTARIY
Beautiful spinning top formation in Key level 9000. Also 78.60% respected 2 times. To add another position wait for daily closure. The break below the counter trend line invalid this idea.
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Dm me if you whant to trade like me.
"trade what you see, not what you think its going to happen"
Namaste
SNIPERTARIY
Overall View of EURUSD - Update of June 17th week1.13478 top level was reached after a sharp bull trend. Prices settled on a resistance zone and were subjected to a bear pressure. After a strong reversal signal on June 12th, the odds of a bear trend became higher.
Possible targets : @1.12000 (+75pips) and @1.11200 (+150 pips).
Advice : Stay bearish and sell at any high point while we don't break the resistance zone or 1.13478 top level.
Correlated pairs : USDCAD (-87.8%) and XAUUSD (62.5%).
We are more likely to experience a strong bull spike with the USDCAD while a minor effect on the XAUUSD .
Previous view: Odds of a bear continuation are high, stay bearish and sell at any high points while we don't break the resistance zone or 1.13478 top level.
Actual outcome: Prices were side ways with a test of the strong institutional level 1.12000 and forming a daily doji bar. Likewise bulls attempt to reverse the trend failed
Actual view: Prices are still subjected to a bear pressure. Odds of a bull trend continuation are high.
Possible targets : @1.12000(+20pips) and @1.11400 (+80pips).
Advice : Stay bearish and sell at any high point while we don't break the 1.12600 top level.
Correlated pairs : USDCAD (-87.8%) and XAUUSD (62.5%).
USDCAD is still on a very strong bull spike, confirming that there are more odds for the EURUSD to continue its downtrend.
1. buy on the low 2.Hodl 3.ProfitThot Process for this move:
Relatively significant downward trend on daily chart that leads into 2 DOJI that indicate loss of downward momentum as the bears have lost control of the market, leading into a reversal indicator of a Bearish engulfing showing that the bulls are making a push after the price hit a 3 times tested support in the weekly chart.
Thoughts?
XAUUSD AT MULTIPLE YEAR RESISTANCE !!Hello traders,
We once again bring you a possible opportunity to bank some pips !!
This time the pais is XAUUSD , wich at the moment is at a very strong Resistance since 2016.
At the 1D chart we can already see a Doji candle, wich can indicate the reversal we are looking for, however i recomendo to wait for confirmation before entering.
Better be safe than sorry.
Trade Safe,
Dracma Trading
BITCOIN touched the third bounce. Candlestick analysis. My long trade published yesterday was touched to the Tee and the close of the 4H candle was a doji , perfectly align with my zone and 78.60% As always use stop losses because the market right now is deciding what to do, but in the mean time you can play with the zones and with candlestick analysis to find confluence in the market.
"Enter correctly, let your profit run and cut your losses fast"
Remember: get profits out the table! This is a profession and you earn it, enjoy the profit my friends!