Patience time for CHRBTC.Hello Traders,
We are only starting to look bullish on CHRBTC when the price goes back above 370 sats area and start a bullish structure with higher highs and higher lows.
We also have a support level on 300 sats area lets see how the price behaves on this level, but for now, it is time to do nothing on CHR besides what the price behavior.
Patience is a key point for every successful trader in the market.
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Patience
Bullish momentum on ENJ, but wait.Hello Traders,
The momentum still bullish with ENJIN after the support on this uptrend line test, but the price still below the short term resistance line so the moment is time for do nothing and watch the price test the support and resistance to see which direction the price gonna go so we can go with.
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EURAUD - Break and retestHello everyone,
I will keep it compact as always:
WAIT FOR THE RETEST!
1. Downtrend on the H4 timeframe
2. Chart is underneath the SMA 50
3. Wait for the break and retest
4. If it is rejecting the retest, I will go short on this pair.
5. Keep it simple and be patient
I hope you like it!
Patience time for MBLHello Traders,
Nothing to do on MBL/BTC for now... We don't have much to analyses on this chart... It is recently listed and we are in the middle of this sideways movement.
You can test the long position next to the support level.
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XAUEUR POTENTIAL OLHC STRUCTURE FOR THE MONTH OF JUNE 2020Please support this idea with LIKE if you find it useful..
*HIGH Probability Trade*
OLHC IN DAILY FOR THE MONTH
OHLC IN THE MONTHLY FOR THE YEAR ( will post analysis for this month end )
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XAUEUR JUNE MONTHLY STRUCTURE
OLHC
(POSSIBLE BULLISH MARKET)
In the Daily timeframe Price is currently lower than the open confirming OLHC possible structure and also there's a Bullish divergence starting from the 1st of April 2020 to current price. Priceline is also diverged. A strong Buy signal will be the cross of priceline above bloodline and also for the daily candle to close bullish.
If it plays out exactly as explained kindly follow these steps in executing a PERFECT BUY ENTRY .
In a Hour 4 Timeframe patiently wait for 'OL' and take trades in lower timeframe. OANDA:XAUEUR
PATIENCE..
Patience time for KNC.Hello, Trades.
KNC is forming a big symmetrical triangle and we still more days to accumulate inside this bullish pattern. In theory, the price will remain on sideways movement, and then we must enter on the next breakout. But until the this happens we can't do anything besides waiting.
Best regards, Sandro and Gustavo.
Feel free to visit my pages if you would like to know more
USDZAR Waiting on Monthly Structure (Yearly Bearish Sentiment)Please support this idea with LIKE if you find it useful...
USDZAR
MONTHLY FX:USDZAR
Huge Bearish divergence in the monthly time frame. Previous month closed as a sell signal hence we expecting huge sells this month.. Our initial 1st Target has been hit with patience we moving on to the next target 16.33390.
Price line in monthly has crossed below volatility bands indicating a change in trend and we expecting a further cross of the Priceline and blood which will confirm strong Bearish presence in markets. If this cross happens long term Target will be Priceline touching Liquid 50 and also price coming back to the open of the year .
WEEKLY
Priceline is currently crossing below liquid 50. A perfect indication that sells are coming into markets . Patience it’s still too early. We are still within the first week of the month which is term as the open.
DAILY
Current daily Candle looks like a sell signal. Also Priceline appears it wants to cross back below bloodline. Waiting on Daily Close.
For perfect sells kindly wait for OHLC in H4 . Also remember it’s the first week of the month of June .. trade with caution ..
* Waiting to determine Monthly Structure
* Yearly Structure is still OHLC (Sells)
PATIENCE
Ascending Triangule on SNGLS, but wait! Hello Traders,
The target of this breakout of this triangle is around 0.00000220 sats
If we fail to broke will assume the sideways movement will continue around these two levels of this image below.
For now, we are facing a very important resistance level right now.
Best regards, Sandro and Gustavo.
Feel free to visit my pages if you would like to know more
USDJPY - Possible golden zone rejection Hello everyone!
I will keep it compact as always:
1. Broken trendline
2. Wait for chart to reject the golden zone
3. Go to a smaller timframe and look for a trendline or/and resistance
4. Find a good entrypoint with a thight stop loss
5. WHEN IN PROFIT TRAILING STOP IT!
I hope you like it!
NZDJPY Range Market Sells Another range bound market making a nice setup to continue down. We can see here that price has created a range between 66.131 and 63.474. We would anticipate that when price will sell at this resistance after creating a nice bearish pin-bar. Although there was indecision in the market, sellers have managed to enter at a decent price.
Now, for us to change our bias to Longs we would expect to see price break above the resistance (66.131), retests and initially create a new support at 66.131 and continue higher. But for now, we will continue trading this range down. Let's see how this plays out.
NZDJPY SELL
Price: 65.905
SL: 66.449
TP: 63.881
EURUSD Range Market SellsAn obvious setup during a range bound market. We can see here that price has created a strong range between 1.09858 and 1.07798, and this is clear on my chart. As you can see, price is now at the resistance in this range and we can see a nice reversal pattern.
Now, if price decides to move higher, then we would look for a solid break through of the resistance (1.09858) a retest of this resistance, initially turning to the new support and thenwe would enter for Longs. For now thought, Let's see how this plays out.
EURUSD SELL
Price: 1.09620
SL: 1.10183
TP: 1.07798
Risk to Reward Ratio - 1:3
USDJPY Broke falling wedge 🦐USDJPY Broke falling wedge and now the price is retesting a new structure and create a new triangle.
We have to wait a breakout signal, if the price breaks to the upside we will set a long order, if the price breaks to the downside, we will look for a sell order.
Our strategies must be satisfied before set an order
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Waiting for a consolidation to be over.The more I look at this chart, the more unsure I get especially after all those huge wicks to the downside. However, in an overall view, it looks like a downtrend (before climbing up to the 10900).
For now, we just have to sit on our hands to see what's the $BTC's Next move.
Stay patient, Mind your Risk, and Happy trading. :)
USDJPY - Wait for confirmation!Hello everyone!
I will keep it compact as always:
1. Wait for a closed breakout candle at a lower timeframe (15m/30m)
2. If it breaks the resistance level with a closed candle above it, we are looking for a BUY
3. If it breaks the small trendline and leaves rejection wicks behind, we are looking for a SELL
4. BE PATIENT! We need to react to PRICE ACTION!
I hope you like it!
EURUSD - Wait for trendline to get brokenHello everyone!
I will keep it compact as always:
- Wait for the trendline to get broken
- If it breaks the trendline and the candle closes above it, we are looking for buys
- If the EMA 8 looks like it is going to cross the EMA 14.. Well that is a GOOD sign
- Be patient!
I hope you like it!
Support and resistance analysis on GBP/USD 4HR.I used support and resistance on the 4HR timeframe to see where price could go next. My analysis shows that it may be bullish if it does bounce off of the support trend line. Plus I will be waiting for confirmation before I enter the trade. Let me know what you guys think.
PSYCH level (price action)What i noticed is that trading a certain pair alone does not confirm entry.
Utilization of correlating pairs and managing trades that way has more probability in capturing pips.
Therefore, AUDNZD inversely correlates with EURNZD
The trade will be invalidated if price breaks the psych level of 1.0500
Trading PSYCH levels Testing new strategy
only high probability trading
if price reaches to the next psych level before the sell stop is triggered the trade is invalidated.
but if does than our stop loss is 50 pip from the entry level and aiming to get about 75 pips - commission.
if price reaches 18200 we will look to capture the sell stop from that area.
risk management is key