We got this three taps when I was reviewing the past chart. This could be taken at the swing high. Also from this, the tp should be set not too far after a harsh dump.
A risky swing setup for the reversal pattern after MSB. This is not a pretty good example. - The bar did not close above previous swing high. - Major trend is still down.
Hello, guys! It's been a while since last I posted here on TradingView. I'm today releasing into the wild my trading strategy, key levels, order arrangement and overall method for trading specifically the EUR/USD, as I've specialised on trading this particular market 24/5 now. This is basically my level fading strategy and method to trade the Euro-Dollar, based...
Symbol: Bitcoin , XBTUSD , BTCUSD Timeframe: 30M Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals: Short Timeframe: Green - Red Medieum Timeframe: 90m Yellow, 2H Lime - Yellow: Resistance worked, Breakout Fading Long Timeframes – Context: Red – Bearish SETUP: SHORT ENTRY @ 10600-10800 SL @ 11101 T1 @ 10301 T2 @ 10151 T3 @ 10001 Manual...
Overbought is well known by traders. But, what on earth is "Crazy Bought"? Before, it is hard to explain and let people understand "Crazy Bought". After two days' pump and dump, it should be easier now. Crazy Bought is a new term defined in "9 Seasons Rainbow Multiple Time Frames Pattern" Indicator, which is one of the 9 Seasons: Bull (Green), Bull Pullback...
Seemingly there is another fading short setup coming up. The chart is self-explanatory, the levels are given and for now the only thing left to do is wait until the major bear angle is reached and look for an entry with a price action confirmation.
Possibly a wedge break here. A good R:R setup that is against the current trend. Lower probability though. The levels are given on the chart. Trade with care.
EURUSD is seemingly attracting demand around the 1.1300 double bottom area. The Median Line of this inside set is also tested here. If this area fails, sellers will target 1.1000-1.0800 for further downside. However there are good odds that this will get picked up here for at least a minor correction towards the 1.1475 area. Buying with stops below 1.1300 and...
EURUSD extended to the top of its trading range, the 127.20% extension reached and the higher Warning Line on this Schiff met. Seemingly this pair is done painting its second corrective bull leg. Bears will try to have a go at it, bulls will take some profits and that can result in this pair reaching the 1.1600 area. Selling short 1.1750 with a 70 pip stop above...
DX is seemingly in an overextended bullish impulse leg. Fading short entry here would be premature. Waiting for the next weekly close and entering short if the close is bearish would increase the odds. Trading profitably, the higher TFs in particular, requires a lot of patience, sound risk & trade management techniques coupled with a clear understanding of...
EURUSD is has been trading lower along the supply line these last months. At this point, some demand is expected to enter this market, there is a triple bottom support area around 1.1515 and the overall trend seems to be overextended. There hasn't even been a pullback to 0.382 of the setup bear leg. Long entries around the triple bottom area with stops below...
This trade depends on how the market opens. I made this analysis this weekend :-) Link to video: traderholic.com