Pricaction
how to trade trend linewhen price goes up they rising along trend line.
in bullish trend we buy on retest and take profit at previous high. repeat this process until trend line breaks
when trend line breaks when enter again on reset of trend line will sell entry with take profit new lower low
we have perfect example of trend line concept on h1 and H4 time frame with retest , breakout , retest.
Roseon Finance good for SPOT (;Are you not in love with her ?
an interesting and orderly move, Failure to fight the resistance and Target!!!
it's nice
Short on EurUsd 4hI think according to the downward trend that this currency pair has in four hours and daily time, it is determined from the point and moves according to what you see ... Please be patient and just watch ... Remember that a trade is a set of losses and what matters to a trader is the outcome of his trade ... I just watch ... if I make a profit I will be happy and if I lose, I will look for my mistake ..
BTCUSDT-midterm-DailyHello Dears
Give us energy with your comments, your comments are important to us and will give us encouragement
The price trend of bitcoin seems to be again in the range of 31 thousand to 29 or even in the worst case below the range of 28 thousand (which we called the selling point),
Neutral zones are great for hourly trading.
Trading points, resistance areas and hourly trading range are identified in the analysis
Note: Considering the volume of SELL made in recent weeks, it seems that 28,000 have very strong support
Our analysis is purely a personal opinion
Please make any transaction with your personal opinion and knowledge.
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sellpoint <28600
neutral-ZONE >28900 ----40000 ~
(good for Hourly trade)
RESISTANCE =40000 ------41000 ~
Buy(T1) =41500 ~
T2 =51000-------54000 ~
T3 =ABOVE 64000
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CHFJPY Top of structure, watch for reversal price action to sell
Hi everyone:
Most of the JPY pairs are on my watch list, and CHFJPY from the higher time frame is looking the best among the JPY pairs.
We can see there is a strong bearish impulse phrase from the price, and the consolidation begins.
A parallel channel correction, that could lead to the next bearish impulse from the price when it finishes correcting.
Latest price shows a lower time frame ascending channel, correcting itself to the top of the channel structure.
Watch for bearish reversal price action, head and Shoulder, double tops, smaller ascending structures on the lower time frames
to give us the confirmation we need to look for sell entries down to the lows.
Feel free to ask me questions, or comment/feedback.
Thank you
BTC: Bitcoin🦍Gorilla & The Bulls Plan to Bounce (TA 54k to 56k)Hi, Welcome to this BTC update with Bitcoin🦍 Gorilla. These Bears are not smiling but I see these bulls are also not here to joke so this won't go down just yet.. bulls are not going down easily as I see some good possible bounce for bulls as they struggle to recover the 48k broken support. Now please do keep at the back of your Mind that this dump is far from over just yet but the current support area is strong enough to give some buy power with the capability of supporting the buyers with some buy strength to attempt the sellers line again(THIS IS STRICTLY BASE ON PRICE ACTION).
A closer look at 4hr chart says we likely to see a 3rd leg bounce to the same resistance sellers line where I mark with a red line below
www.tradingview.com
But mind you chances of getting rejected is here at around that area. Now mind you that 42k is also a support so we have lots of support lingering below now that will make this bounce possible as this supports are daily chart
My TA is simple, The current bounce is likely to hit 54k to 56k area at worst 58k. I do Intend shorting this resistance as we are likely to see a bigger dip 40k to 38k TA range for short.
Remember this is just my opinion on this market, Do your diligent research and I wish you good out here
CHFJPY - Potential sellBearish BIAS
On the weekly chart, the price is in an ascending channel towards the triple top zone (resistance)
The weekly candle looks like a Bearish pin bar
On the daily chart, we have a double top within the reversal pattern
Corrective pattern on the 2nd top
Need to wait for an LTF correction before a breakout entry
Bitcoin Price Action Analysis of BTCUSD pair, 30mPrice broke down the rising wedge, backtested, now are we going back in or back down?
Two scenario's:
1. 50K (yellow)
2. 44K (blue)
I currently favour downside as it completes the trend reversal pattern that is the rising wedge.
Without a doubt this is a rising wedge as price contracts and narrows as it gets higher forming a slope up thus the whole structure has a bearish bias.