ENTER SHORT NOW - LIVE TRADE - ZN1! - 30MN - OPPORTUNITYThank you for your likes! Please also MAX. Share! Very appreciated!
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We observed that the market has tested the resistance line several times .
Now that the volumes have broken our signal rectangle , and, at the same time, the market illustrates the formation of a long wick perfectly on the resistance line, the probability of seeing the market pulling back strongly are increasing.
The market always decides, so keep in mind that the next candlestick will be crucial and possible entry for a Short trade.
Alternatives:
If the market breaks the resistance line with a large candlestick larger than the one before, then, the entry will have to be confirmed with the following candlestick for a Long entry.
Entrysignal
BTCUSD 4H STRIKE TRADER ELITE (STE) LONG TRADEStrike Trader Elite Indicator (STE) shows Entry Signal Level
Strike Trader Elite Indicator shows Stop Loss Level
Strike Trader Elite Indicator shows Take Profit Level
Strike Trader Pulse Indicator shows Histogram crossover
PM me is you have any questions I can help you with about the STE Indicator
EURUSD 30M LONG TRADEWHY I TOOK THIS LONG TRADE
1. Divergence between Price and MACD Histogram
2. MACD holding at STOCHASTIC 20 level
3. Price retraced to 38.2% Fib then made new low
4. Price held the -23.6% Fib
5. Price held previous support level
6. Morning Star reversal candle pattern
7. Entry next candle open after #6 pattern
8. SL below swing low
EURJPY 1H STRIKE TRADER INDICATOR LONG TRADEStrike Trader Indicator finds Long Signal Entry
Strike Trader Indicator finds Take Profit
Strike Trader Indicator finds Stop Loss
Price did not hit Strike Trader TP
Find your own TP
Double Top Chart Pattern
Close trade when price breaks below Double Top Neckline
EURCHF 1D HEIKIN ASHI EXIT STRATEGYShort Trade
Step 1 Assume Entry on middle of 2nd bearish candle
Step 2 Assume Exit on middle of Reversal bullish candle
Result 100 pips
Long Trade
Step 1 Assume Entry on middle of 2nd bullish candle
Step 2 Assume Exit on middle of Reversal bearish candle
Result 60 pips
GBPUSD ready to rallyThe Pound looks set to kick higher as the pressure mounts for the EU and the UK to do a deal. This means that the bias for the GBPUSD is to the upside for an extension into the OfferZone and potentially further if the short squeeze persists. Watching now for a washout lower to clean out some longs and then the action to heat up with a push up through 1.2638.
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The Euro is on the move upThe EURO has had a good few sessions and the party does not look like it is ready to stop. Buyers remain in charge and targeting the OfferZone around 1.1094 so like the action for a BUY ENTRY through 1.1037. May expect to see some washout of recent buyers before a move gets underway.
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BITCOIN is attracting some buyers looking for a run higherEveryone's Favorite Crypto - BITCOIN - is attracting some buyers looking for a run higher. Price action still has some work to do and is extended on the current timeframe so will need to squeeze out some buyers to build another Shoulder (higher low). The Shoulder will ideally be around 8300 to drag in further buyers for a run up to test 9100 and potentially higher.
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**With high quality ideas and correct Risk Management, you can learn consistency and grow your account**
EURUSD 4H EFC INDICATOR STRATEGYEFC INDICATOR is a REVERSAL finding INDICATOR.
EFC INDICATOR finds your ENTRY SIGNAL.
EFC INDICATOR finds your STOP LOSS.
EFC INDICATOR finds your TAKE PROFIT.
EFC INDICATOR has an adjustable risk reward setting.
PM me is you have any questions about the EFX INDICATOR that I can help you with.
Ripple is ready to explode...but bullish or bearish?Ripple is at a point where bulls and bears are in agreement but which way will it move next? We expect to see Bitcoin come under further pressure so the Ripple bears may start to come out in force and run price lower to test support around 0.22400. Looking to sell off a shoulder for the run down. If we see the spike, happy to join in the action on the upside on the first pullback shoulder entry....would not expect it to be long until we have an answer.
The AUDUSD bounced off the BidZone as expected...where to nowBuyers managed to lift the Aussie higher into previous resistance at 0.6780 off the BidZone around 0.6690 but they are now running out of steam. For continuation higher, price needs to clear out a few late buyers so we are watching for a shoulder sell entry setup for the squeeze lower.
High Probability Entry using Shoulders and Price ActionWhat we term as a 'shoulder' (Lower High/Higher Low) is a prime entry setup with statistically high probability. The important thing to note is that it is used in conjunction with price action to correctly identity when traders are being 'caught off-guard' on the wrong side of the action and forced to close. We like to term it the 'sweaty palm' feeling when you begin to realize that you are wrong and have to start to look for the exits and minimize losses. In the example on the German DAX index, there were some great opportunities to sell (off the shoulders when sellers stepped in at lower levels and buyers were forced to bail) with a defined risk profile that paid out handsomely...if you are able yo define the key zones and when traders will be put under pressure. Hope this helps and Happy Trading....TradeSetup.