EURCHF: Bearish Wave is Coming?! 🇪🇺🇨🇭
EURCHF is trading in a sharp bearish trend.
The price nicely retraced to a key weekly structure resistance.
On that, a classic bearish accumulation pattern was formed.
I believe it's time to sell the pair.
Goal - 1.0452
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Priceactiontrading
ETH/USDT finally in UP TREND now.I found today's setup on the ETH / USDT pair, where an uptrend has finally formed and therefore we have a chance to look for a suitable place to enter the Long position.
The current price is under Point Of Control, which is the current fair price, so we have another reason why the price could go up.
We are always looking for a suitable place to enter on a lower time frame and we enter based on the conditions of our Price Action Trading Strategy.
Have a nice day and Happy trading, Alex_UCT
MAKRO | Downtrend Price Rejection | Entry Position & TargetMAKRO | Thailand SET Index | Commerce Sector | Price Action Trading
Chart Pattern: Three Drive Falling Wedge Pattern
Price Action: Downtrend price rejection candles
Indicators:
> Multiple banker smart money signals
> Banker chip entry signal
> BBD Banker bullish divergent crossing up 0 baseline
> Fund flow bullish reversal with bottom signal
> KDJ Sto turning bullish
Risk ratio: 3:1 with 5-7% stop-loss below entry zone
Always respect your stop-loss
Good Luck
HOW-TO: FibDev Indicator and the Newest UpdatesWe previously published a HOW-TO on using this indicator, but since then the UI and the automated signals have changed noticeably. We STRONGLY recommend reading the first HOW-TO for this indicator as the core concepts are still the same (outside of the signals).
UI Updates:
We now hide the supply or demand zones if they aren't applicable to the current price action. If the price is in the neutral zone, there is no current target zone so both supply and demand are hidden. If price has broken out to the upside, we display the target supply zones at this time and vice versa for the downside, we display the demand zones. The way these zones are calculated is still the same, they are built using daily values and do not change through out the day (regardless of if/when they are displayed on the chart).
Automated Signals:
This is the biggest change, we are no longer generating automated signals based on possible reversal points of oversold and overbought price areas. This strategy can still be used, but there will be no signals created is all.
Instead, the signals are now generated when the price leaves the neutral zone and track momentum vs searching for trend reversals as before. When the price breaks through the neutral zone to the upside a Bullish Break Over signal is now printed implying that we see bullish momentum to the upside. The supply zones will display and now we are tracking the upside move with the indicator. The opposite for the downside break, Bearish Break Under signal and demand zones displayed for tracking the momentum to the downside.
Conclusion:
The indicator is now tracking momentum vs reversals, but using a combination of the Intraday Clouds and Neutral/Supply/Demand zones you can still use this for reversal setups.
Thank you!
Great Blue Trading Team
NEWGEN SOFTWARE - BuyHigh Probability Trade Setup
Buy NEWGEN Software above 620.
Risky traders can even buy around 600-610 range.
Stock looks good for mid-term.
Above 645, stock can blast and we can see 700++ levels as well. Refer chart for in detailed levels.
There is a gap created from 664 to 645, high probability of gap getting filled in coming week.
Good Volumes seen on the chart on Friday. Stock has retraced from 50%. High chances of 700 levels in coming days.
TRC | Bull Trap Beware | Anti Shark Bearish Harmonic | DowntrendTRC | Thailand SET Index | Construction Sector | Chart Pattern Trading
Chart Pattern: Anti Shark Harmonic Bearish Pattern - Bull Trap
Price Action: Short Entry @ low breakout recommendation - Target Downtrend at the Shark tail
Good Luck
DP
ONEE | Bearish Anti Shark Harmonic | Bull Trap | Entry@Pullback?ONEE | Thailand SET Index | Media Sector | Price Action & Chart Pattern Trading
Chart Pattern: Anti Shark Bearish Harmonic
Price Action: Short Entry @ Breakout avoid Bull Trap and could be entry @ pullback position for speculative buy
Indicator:
> RSI down dead cross MA line still on high bullish side above 50.
> MACD remains upside above baseline 0
Stop-loss @ Shark’s tail position - target at shark’s head until further new pattern changes
Trade with affordable risk ratio 3:1
Always respect your stoploss
Good Luck
DP
FOREX: NZDCHF - M pattern and our Limit OrderWe are waiting for a confluence of two factors where the S/R zone breaks around the location of the current trend line.
Our limit order is set at 0.62499
This whole idea is supported by the M pattern, where there is a price return to the Neck line.
M pattenr is seen in a higher time frame (W1), which gives us an even greater probability of success.
Happy trading, Alex_UCT
USOIL 76.02 +0.06% SHORT IDEA * REVERSAL & PRICE ACTIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON OIL .
* The ENERGY is range bound within support and resistance structure of an descending channel .
- long term the metal is currently completing a possible H&S formation on the D,W & M chart.
- Looking for shorts on the ENERGY this week
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
HCLTECH - Bullish Head & Shoulder - Intraday/Short term tradeThe analysis is done on 15 min TF hence price may take a couple of days or more in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
PRICE ACTION ANALYSIS ON THE AUD/USDThe daily time frame is currently resting on a key zone at 0.72468, with all prospects expecting it to trade lower. however, a confirmation candle like a pin bar is key and in the presence of that, a corresponding bullish chart pattern on a lower timeframe like the 15 or 30 mins would give an entry to this analysis.
In a case where the market breaks above the key zone of roughly around 0.72468, the bigger move has set into a bullish one and a retracement back to the same key zone before a bullish confirmation on the smaller time frame and then the entry for the trade. The market as it stands is set in two ways, either respect the key zone and trade lower, or break above the key zone, pull back before trading far higher to the next major key zone above.
OR | Pennant Triangle Breakout | OR | Thailand SET Index | Energy Sector
Price Action:
> Strong BREAKAWAY CANDLESTICK
> Trend reversal BULLISH BREAKOUT
Chart Pattern:
> Inverted Head & Shoulders on daily timeframe
> Pennant Triangle BREAKOUT
Indicators:
> MFI - Money Flow-In cross above 60
> RSI - Bullish Power Move
> MACD - GOLDEN CROSS about to cross up 0
Minimum Risk Ratio: 3:1
Always respect your stop-loss,
Good Luck
XO | Trend Breakout | Marubozu White Candlestick | Target Est.XO | Thailand SET Index | Food Sector | Target for uptrend Elliot Wave & Fibonacci Extension estimated
ENTRY Position
Price Action Trading: Trend Breakout with Marubozu White candlestick
Chart Pattern: Descending Triangle breakout
Indicator:
> MFI Money flow in
> RSI bullish signal
> MACD golden cross above zero line
Risk ratio 1:3 minimum
Stoploss 3-5% below entry
Always respect your stop-loss
Good Luck
PRICE ACTION!!!Yes, Yes here we are from a coldy day in December from Amsterdam...
Here is some basic price action..
I am trying to teach myself not to look at things but really SEE things when you look at them..
The same goes for not trying to listen but really trying to understand while listening...
I am a student of the AL BROOKS (1 week) price action course and here is my starting analysis..
I am open for feedback.. I am a lifelong student..
But what I think is not important what is important is what the chart is telling...
The main lesson is; 80% of breakout attempts out of trading ranges FAILS. 80%(!!)
BEC | Money Flow In - RSI Bullish Signal - MACD Golden CrossingBEC | Thailand SET Index | Media Sector | Bullish Chart Pattern
Price Action: Strong bullish candlestick breakout from consolidation
Chart Pattern: Parallel Channel uptrend
Indicators:
> MFI - Money Flow - in Bullish
> RSI rebounded signal
> MACD about to make golden cross
Business Factor remains strong in Q4
Entry Position: Buy On Dip | Pullback
Always respect your stop-loss,
Good Luck
BAL/USDT: Fight on very strong resistance right now!The BAL/USDT cryptocurrency pair is located just below the strong support/resistance area, which currently acts as resistance.
If this area is broken up and retested, the price of the BAL may rise to around 34.5, where another strong S/R area is located.
We are monitoring the situation and we will wait to see if all the conditions for entry are met, according to our strategy, so that we can successfully enter the trade.
Have a nice day and happy trading, Alex_UCT