Priceactionstrategy
ChainLink attacks $ 30! LINK/USD analysis. We see how the price bounced off the trend line upwards. In addition, it bounced off the strong level of Weekly Pivot point!
The EMA 200 Daily stands for our bull market. We're now heading for the $ 30 price.
At this level, there is a round number of 30, which is a psychological boundary, and in addition, there is another Pivot Point R1.
We are preparing for LONG with our students.
Happy trading!
Nifty Prediction & Analysis [12 Aug 2021]Nifty50 Prediction and Analysis For Tomorrow
Nifty50 Spot Levels to watch out for trading on 12th Aug 2021
Long Opportunity:
1. Price breaks out of 16295 and retests the level again is a good support to go long
Short Opportunity:
1. If Nifty Opens with a flat note then wait for the upward trendline to break near 16280 and show rejection.
Once broken and the candlestick shows rejection near 16280 levels, then that area will be a good shorting zone.
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NZDCAD Sell Zones right now price is in the down trend and we are looking to get in to sell position first zone is our first entry and stoploss of that will be end of the zone if it hits our SL we will open another sell position at next zone with stoploss of 5 pips above the zone and both of the TP would be the zone down below
GBPJPY in downtrend! You can short it now!On the currency pair GBP/JPY we have a nice signal to enter a short position. This signal was created by TL with confluence with EMA 100 and Fibonacci retracement 0.382. As a target, it is appropriate to specify the weekly Pivot Point S1, which has worked well as a support in the past.
GBPJPY in downtrend! You can short it with high possibility of success.
BankNifty Prediction & Analysis [03 Aug 2021]Bank Nifty Probable Support & Resistance Levels for 3rd Aug 2021
Resistance : 34855, 35180, 35335
Support : 34500, 34365, 34200
Apart from the horizontal support and resistance levels, you can also follow the dynamic support & Resistance levels as marked by dotted trend lines.
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Bitcoin TA. Simple Price ActionFirst, I want to say I am strictly a Price Action trader. I like to keep my charts simple and clean and analysis the same. So if your looking for some long drawn out reason for BTC to be doing what it is doing then this is not for you.
Weekly/Daily
Price has made a Head N Shoulders pattern on the Weekly timeframe indicating that price may be heading to lower numbers.
We have a Descending Triangle into support on the Daily timeframe as well also indicating lower numbers. If we break, retest and support flips to resistance, we can look forward to 20K possibly.
Binance Coin price broke important level! BNB/USD analysis.Binance Coin is located just above the very strong Support/Resistance level, which was created on the 11th of March.
At the same time, we got over the formation of the triangle. At the moment, we have the opportunity for a Long trade. Simultaneously the price is above EMA 200 daily.
On the other hand, we know that the formation of a triangle often has so-called "Fakeouts", which means that there will be a false breakthrough and the price will fall again.
Now we need to find out, on lower time frames, what's going on inside the candles and decide whether there is a good opportunity to buy or sell.
Today I will discuss all the essentials and based on our Price action strategy we will look for a suitable place to enter. Of course, all the conditions of our strategy must be met in order to increase the probability of a successful trade.
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.
Cardano between two important levels. ADA/USD analysis.A strong upward move is expected on the Cardano chart. The reflection from the bottom trend line of the triangle really indicates the tendency for the price movement upwards.
On the other hand, we are just below the strong price level, where we meet weekly Pivot point and daily Pivot point. This is not common and we definitely need to be careful.
However, we will switch to a lower time frame and use our Price action strategy to find a suitable place to enter. We share all the details with our members and they will be the first to enter the market with us.
We wish you a nice traing.
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