Priceactionsignals
NZDCHF POSSIBLE SELLS THIS WEEKNZDCHF WEEKLY OUTLOOK
This pair is basically giving us the rinse and repeat process. Two weeks ago we had a bearish accumulation that we took advantage of and we got it for buys, you can see that price had hit our full target. In doing so, we now have a bullish accumulation that we'll be looking to take advantage of.
As normal, we wait for the daily to close first with our REQUIRED candlestick confirmation before we even consider trading this pair for the week. If it doesn't, then the pair is no longer valid for entries.
If it does follow the rules, we scale down to the 1hr and await a BOS, where we'll be then looking for lower highs to enter for a sell. I have the 1hr level that I'm looking at marked off but it may change as the market plays out.
Polkadot falling to 14.200!! Price action strategy will help us.On the DOT / USD currency pair, I expect the price to fall to 14,200. At this point, there is a confluence of strong support levels and the bottom trend line.
Now it is necessary to wait for the price reaction and then switch to a lower time frame because only from what is happening inside the subsequent candles we can determine whether there will be a rebound and the price will rise from around 14,200. After that, the space has to rise to values around 18,000.
On lower time frames, we need to use the Price action strategy. Remember, without a strategy, your trading is gambling.
[Reliance]: Break and Retest done and Ready for Power MoveReliance looks strong in the chart and breaks downward trendline and retested followed by a bullish candle.
So, I am looking to go long in Reliance above 2235 with initial Stop Loss @ 2105 for the First Target of 2365 and 2nd Target of 2495
1st target has a Risk-Reward ratio is 1:1 and 2nd Target has a Risk-Reward ratio of 1:2
If my 1st target achieved then, I will trail my SL from 2105 to 2149
Cosmos ATOM/USDT current setup. Price action strategy baby!!!On the ATOM / USDT chart we can see how the price responds beautifully to Pivot point R1 daily and also Pivot point P weekly.
After breaking the daily trend line, the price rises, but we are close to Fibonacci level 0.382, where the price will certainly respond.
At the moment, I prefer the price drop to the current trend line.
On a lower time frame, we have a nice opportunity to enter. Therefore, it is important to do Multi time frame analysis. In my case D1-H1-M15.
Happy trading.
CAN BUY SAGAR CEMENTS FOR A SWINGCan Buy Sagar Cements at cmp for a decent 10-12% swing (can give more than this too) with a stoploss of 730 NSE:SAGCEM
most probably accumulation done which we can see on charts from nov 2020 to april 2021 and most probably weak hands also stopped out which i marked with arrow.
but its a risky entry because breakout is not comfirmed yet,but will but tommorow.
and safe trades can but at closing above 800
USD/JPY Long Position, TA using Price Action.4Hr Timeframe
Buy Op
Price has been in a strong uptrend and has reached an area of resistance. Looking for it to pullback to the 107.500 area then possibly continuing back upwards.
If this key level holds as support, look at the 1Hr/15min timeframes for your entry point. This trade will take some time to play out if it does. Patience is key!
Gather 3 or more confluences.
Adapt to the market!
Entry 107.500 to 107.800 AREA
SL 107.150 (51 Pips) Use proper risk management! Also adjust your SL to fit the Price Action happening.
TP Area 110.000 (1:4 Risk/Reward)
GBP/JPY Short Trap Sell op 4Hr Timeframe
Wait for price to break 145. with a lot of momentum and get in at the top around the 145.500 area.
This should be a fake out and looks like an op to catch the ride down on the trapped traders.
However price is in a strong uptrend and it actually could break 145 and keep going up.
In this case I will look to get in on the second retest of the 145. Key Lvl.
Going to have to let the market come to us on this one.
Will update.
USD/SGD Long Position Buy Op
Daily/4Hr
Price has been in a downtrend but it is looking like we may have a reversal/breakout happening.
The 50MA has crossed over the 200MA on the 4hr and may be pulling back to the 200MA on the Daily.
Will be looking for my buy entry on the higher low/50MA on the 4hr chart and 1hr for candle confirmations.
Entry AREA 1.33360
SL 1.33008 (35Pips)
TP 1.35000 (163Pips) 1:4.66 Risk/Reward
EUR/USD Possible Short. Sell Op 4Hr Timeframe
Price has started a downtrend and is currently in consolidation on the 4Hr timeframe.
Shooting Star and Marubozo candle on 4Hr Resistance.
Looking to get in on the LH/4Hr resistance or the pullback to the 50MA on the 1Hr timeframe.
Entry 1.21200 AREA
SL 1.21860 (66 Pips) Use proper Risk Management!
TP 1.17500 1:5 Risk/Reward
DON'T FORGET TO TRAIL YOUR SL!!