HI BIG PLAYERS, I'm back with a nice Wolfe Wave pattern on EURJPY. This short setup give 2 trading chances of risk-return-ratio 1:10 (TP1) and 1:5 (TP2) Best regards NXT2017
this is a long-term trade 1st tp 27.93 2nd 35.81 and 3rd is on the chart.
I expect the price to retrace to at least $1450 again before take off. Although when we reach $1450 we could see a continuation of a drop in price. If we break $1620 we could see a surge in volume and the price sky rocket up. But for now we know the price hasn’t been able to break $1620 yet, it is moving sideways and if it inches above that price we will keep an...
another idea;) PATIENT is the key for TRADERS its clear market in the trading range and the price just playing with resistance zone and show the triangle, ever the patterns help me to trade better in TR(trading range). after breakout the triangle its easy to understand the price breakout the resistance zone or we can ready for short by PULLBACK,PINBAR AND ENTRY...
BTCUSDT is trading in an upward price channel. I believe that this channel is a local correction in a global down market. On the chart, we can see that the price updates the local tops of the 24200 level and forms a false break after capturing the liquidity. The price returns to the range, under the 23360 level, thus forming a Head and Shoulders pattern. I...
Bitcoin can see lower levels and we are looking for short position at this point
As the market is in the high value area and high probability area so most like to break below and you can take sell entry and keep you stop loss to the lowest swing.
Technical Analysis behind my short position on NIO. I have been watching this triangle channel for a while now and with this last week, it appears it has strongly broken out of that candle. Before entering a position I am waiting for it to retest the bottom support of the triangle. Just speculation :)
Need to complete the recovery of the impulsive move made. Expecting EURJPY to continue its short.
The witch pattern could be a possibility. Ready to short the market?
based on my analysis on today's candle, sxp indicates a price drop based on 2 reasons. first, the there's a downward ABCD pattern. and second, today's candle is an engulfing bear candle. consider to sell short and take profit on the number i marked. i wish it could help your decision and i wish y'all good luck.
Hello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
There are some key levels to watch with Gold. This is a nice one to see if and when patterns may repeat themselves. Two areas highlighted in yellow show some similarity. This could be a short on a lower time frame. If shorting and you cannot take loss on your stop-loss, leave it alone. No suggestions given for positions and stoplosses. Price and price action...
Gold has been in correction after reaching ATH and there is still lots of profit in shorting at accurate levels. I cleared the chart and made it as simple as possible which is always much better to see what's going on. There is a clear rejection outside the channel and we see a dense rising wedge at 4H. Bulls may think about taking profit inside the green triangle...
Price is at first level and I believe it will drop for at least another level. R:R 1:3
Hi all. New update on the EURUSD, finding a zone where we can retrace from to grab some liquidity. Seems like EURUSD is a bit overbought and needs a pullback before any next impuls can come. We will monitor price action from here to see if we can get an entry for a short or that EURUSD will keep momentum and push up. Feel free to follow and ask questions!
WILL THE 45° ANGLE OF GANN ATTRACTE THE PRICE, IF YES EURCAD SHORT