Priceactiontrading
Going to Open a CELPERP Short.circa 50% of the downfall and stops about equal highs are good for an entry 👍 CELPERP
EURJPY: Potential Bullish Continuation Explained 🇪🇺🇯🇵
EURJPY is accumulating around 143.85 - 144.25 horizontal resistance.
The price has already set 3 equal highs respecting that.
Taking into consideration that the pair is trading in a strong bullish trend,
I believe that we will see a breakout attempt soon.
Wait for a breakout of the underlined yellow zone,
daily candle close above that will confirm a breakout.
A bullish continuation to 147.0 level will be expected then.
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lrc short idea based of candle recognitionif you spend some time in the charts you will see this makes sense
EURUSD: Technical Outlook & Trading Plan 🇪🇺🇺🇸
Video update for EURUSD.
Price action & key levels analyzed.
Trading plan explained.
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AUDNZD: Time to Fall??? 🇦🇺🇳🇿
Two very important bearish clues on AUDNZD:
the price formed a double top formation and broke its neckline on a daily
and the price broke a solid rising trend line as well.
It looks like the pair will drop soon.
Goal - 1.094
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EURNZD: Potential Long Trade Explained 🇪🇺🇳🇿
EURNZD is trading in a strong bullish trend from the beginning of April.
Higher lows are perfectly respecting a rising trend line on a daily.
After setting a new high, the price retraced to a trend line again.
Pay close attention to a horizontal trading range on 4H.
Wait for a bullish breakout of its 1.6635 - 1.6685 resistance to catch a bullish movement.
You need a 4H candle close above to confirm a breakout.
Target will be 1.6817.
If the price breaks a trend line to the downside, the setup will be invalid and a bearish continuation will be expected.
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🔔 btcusdt 🔔see and watch :)
Almost every 4 years, Bitcoin has dropped by an average of 85% from its historical ceiling ... Is history repeating itself ???
BTCUSDT - 1W - UPDATE ...see and watch :)
Some of the reasons for this decline based on technical:
1 - Very intense momentum in the downward direction
2 - Awful weekly candle
3. Support in the $ 18,000 to $ 19,000 range is not strong
And ...
BTCUSDBitcoin at important demand level of 18-19k can make a big reversal to upside But for that bitcoin has to make a divergence here on daily timeframe seeing in others as well
EURGBP: Classic Bullish Setup 🇪🇺🇬🇧
EURGBP is taking off from a strong daily demand area.
The price formed an ascending triangle on that on an hourly time frame
and broke its neckline to the upside.
Now I expect growth to 0.8634 / 0.8668
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GBPJPY: Your Detailed Trading Plan For Today 🇬🇧🇯🇵
One more instrument that we covered on a today's live stream is GBPJPY.
The market nicely retraced to a solid horizontal support.
On that, the price formed a double bottom formation.
Watch 162.655 - 162.919 horizontal neckline to buy with a confirmation.
You need an hourly candle close above that to confirm a breakout.
Then a bullish continuation will be expected to 164.16 / 165.053 levels.
If the price sets a new low, the setup will be invalid.
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GBPJPY potential 2nd entry HTF double top rejection
Price is in a huge downtrend
waiting for one more push on the continuation pattern
EURGBP SELL Price at resistance with upper trendline resistance
Entry after 4hrs candle closure
EURGBP SELL
Entry:0.86748
Sl:0.87385
Tp:0.82555
RRR: 1:6.85
NZDJPY: Potential Trend-Following Trade Explained 🇳🇿🇯🇵
Hey traders,
NZDJPY is accumulating on a key level.
The market is coiling within a narrow range on 1H time frame.
Taking into consideration that the pair is trading in a long-term bullish trend,
I will be waiting for a bullish breakout of the resistance of the range as a confirmation to buy.
Wait for an hourly candle close above 85.6 - 85.68 area,
then buy aggressively or on a retest.
Goals will be 86.0 / 86.3
If the price breaks a support of the range, the setup will be invalid.
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Please, support my work with like, thank you!❤️
Waiting for Sell on EURUSDIn the higher Time Frame, the price most likely will be going up. On the other hand, there is a fresh flag limit to sell around 1.06075 to 1.06421
Waiting for Buy on CADCHFBuy in the extreme area on the flag range to minimize the stop loss percentage, the price looks like going to 0.78000 area.
MATICUSDTIf the blue range is engulfed in a short uptrend, we can have the mentality of an uptrend.
The price range of $ 0.5789 (yellow range) seems to be suitable for entering a trade in order to climb the price.
