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Fakeout

TRICKY GOLD - BEWARE FAKE SIGNALS - GC1! - 30MNWe have seen the COMEX Gold Future showing some fake signals during last weeks. Signals followed by very strong volumes, but, seeing the market price running the other way around. Be careful when trading the Gold Future. All the red arrows are showing examples of fake signals. The blue line is an overall trending line being a strong support, if broken there is strong probability in seeing GC1! Gold Future running further down. The top black line acts like a very strong resistance. We have seen the market testing it and failing to pass it. The black line on the top is stronger and probably more difficult to break than the blue bottom line. Sellers who came in strongly 3 weeks before have strongly impacted a Gold promised to stay above $2,000 last month. See how things change quickly. It is probably better to stay away of the spot and wait for the Gold Future to show a clear direction after having broken a super strong line which are more visible in the Daily chart.
COMEX:GC1!Short
by Diallo_Charts_Ideas
GBPAUD breakout failure opportunityGBPAUD failed to hold above the 1.816 level. With this breakout failure, we're getting a good indicating that the trend is changing. Current entry as price re-enters below this level offers good momentum to the downside. Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions.
Short
by FinancialGamblR
BIG FAKEOUT ON BITCOIN HEADING TO 9100!!Drop a like if this helps you out, its free! :) This is a potential idea I am looking at for bitcoin The current price action we are seeing on bitcoin is awfully similar to the price action we saw last week. 1: Bitcoin bounces between a range 2: Bitcoin breaks above the range 3: Bitcoin sits above the range 4: Bitcoin crashes straight through I am not saying this will happen this is just a potential idea I am looking at. What will make this idea come true is any 2H or 4H candle close below 10800 Then I will expect a quick move down to 10 000. If 10 000 breaks we will most likely see 9100
BITSTAMP:BTCUSDShort
by BitcornBen
1
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by Investirepro
6
BITCOIN FAKEOUT SCALP OPPERTUNITYDrop a like if this helps you out, its free! :) Trade Idea: Bitcoin broke a 4H support but then immediately closed above this support the very next candle. This caused a fake out and a lot of trapped traders that are in shorts Reasons for trade: 1: Fake out 2: reclaiming of support 3: 200 4H EMA is under us acting as support 4: 4H Stochs about to turn up Trade confidence: 6/10 (only reason this isn't higher is because the volume isn't supporting this move up RR: 4.63
BITFINEX:BTCUSDLong
by BitcornBen
Week 37: FCPOX 2020 is worth a waitWeek 37: 07 to 11 September 2020 FCPOX 2020 analysis Last week the price broke the resistance level, however it was not a clean break. It means, it was not really a sign to be bullish yet. We are anticipating two possibilities: The key to observe is RM 2,740 - 2,750, we will see the behaviour of Price Action in this area. (1) If the price bounce at RM 2,745 area, then it is a good sign to look for a BUY. (2) If the price is back inside the previous consolidation zone, we can be sure that the past 2-3 days are just a False Breakout. We will sell the whole-nine-yard when it happens. That's why I recommend if we just sit tight and watch first, for now (Monday), no clear direction. Disclaimer : The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee . As always, move your SL when you are in the profit zone.
MYX:FCPOX2020
by machintose
BITCOIN SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! BTC/USD: Daytrade-preparation Market-Sell: 11870 Stop-Loss: 12500 Target 1: 11200 Target 2: 10895 Target 3: 10425 Stop-Loss: 630 pips Risk: 0,5 % - 1% Risk-Reward: 2,33 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
BITSTAMP:BTCUSDShort
by Trading2ez