#META has experienced a remarkable bullish surge. However, the 1D timeframe indicates potential weakness as we see the trend ranging sidweays creating lower highs. We are considering a possible retracement towards the 50-61.8% Fibonacci zone potentiall trading through the gap evidenced on the chart. This area typically attracts increased liquidity due to sell...
Following a bullish CPI takeoff breaking through the key S&R and completing the trend validation structure with a pivot off the top side we could now see gold take a rest and pullback to the identified zone before either continuing the descending channel to push for lower lows or reject off the dynamic s&r midway and break out above the descending channel back...
My perspective of XRP is generated through the knowledge and concepts acquired over the years, look within the lines to breaking down a pair and do listen, as at the end of the day you do "pay" attention - so please seek reward from your investment Over and out - Ill see you on the next recording
Meta is currently reorganizing parts of the company, which resulted in 11,000 job eliminations and further cost-cutting moves. The Meta course is currently rising and expected to fall back down into a correction into the yellow trading area below the support line at $88.09. After the green wave is completed, the trend should shift out of the yellow area to work...
USDCHF had tried to re-enter a major support/resistance area for the third month in a row, and with less than 24 hours for price to trade higher or lower before the monthly candle closes, it sits relatively close to where it sat 30 days ago. The data shows inability to obtain control of the price throughout the month, and a strong selling presence on the...
NZDCAD printed a very clean impulse to the downside recently (visible on the 1D chart), and now price has found support, confirmed it, and began retracing the impulse, already rejecting the .382 level, and confirming the .236 level as new support, beginning the uptrend. Be sure to the like the publishing if you like this set-up, and let me know what you think in...
nice risk to reward trade entry 0.91598 stop loss 0.91710 take profit 0.91610 risk 1% of your account wins can exceed losses please use proper risk management and trade management
The MANA chart is looking textbook on the 4h timeframe. I am very bullish on the project and the coin. The reversal on November 11th was a clear Doji Star and began our strong rise to the top of the channel at the $3.80 level. November 13th to 18th showed a head and shoulders pattern following our initial breakout, a great bullish sign. MANA broke the...
Greetings folks, Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup. The trading system with a preset 2:1 profit to risk ratio for this asset has historically: xxx trades xx %/R returns Xx % winrate Do let me know if I should expand the assets and timeframe of ideas that I share. Cheers, PineConnector
Drop me a message for more info! :D Here we can see GN is hovering around this level of support where we can clearly see price rejects off it. We should see a bit more movement down to this support and the we can look to get into a buy position and hold this trade out. If you are struggling with your trading. Drop me a message. Let's get you where you need to be.
Would love to reach 500 followers before the year ends! :D Here's my outlook on the Big one... Gold. Here we have a. lovely area of structure that you can clearly see whenever price pushes down into it it reject's it like trump was rejected from the office. If we see price back into this area we'll look to get into a buying position.
As you can see from the chart we have taken a nice buy position on this pair. We have the bearish trend which has been respected for some time now on the higher timeframes. This broke out and it was a matter of time before we saw some action to get involved in the next trade. We can see on the lower 1hr timeframe we have created a nice little bullish trend which...
Here we can see a nice break of the bullish trend and price has found support here. adding in a fib we can see if we get the drawback we expect we'll have 3 confluences to get into a short term sell position. 50% fib, structure just above this fib level and a retest of the bullish trend. let's be patient and see how we get on
EURAUD didn't quite reach our previous buy limit annoyingly as it has flown since our last analysis! but that's forex so don't just trade because you've missed out be patient. We can now see a slight retracement on the pair allowing us to get into a short term buy. A little lower than the 50% fib we can see a nice support level that we can use as our next level of...
We can see a nice level of structure has been found recently here. If we can get a pull back in the asian market then we can look to take a buy position from here.
Price has made a nice push up to our expected area so now we have taken the trade. conservative 30 pip stop with a nice reward.
Here we can see NZDUSD is looking at coming back to this daily support level. If we see price come back to tests this then we will be looking to get into a short position on it.