CAD/CHF: Long position by pull backIn this analysis ,we analyze Canadian Dollar/Swiss Franc and I see a potential long position that we can to get this long in CAD/CHF.
This it's our H4 analysis, and it's mean that made a pull back in H4 timeframe confirmed by this 2 bullish candlestick signal, a doji and a bullish hammer inverted. Both are bullish.
I buy right now, Stop loss in $0.6883 CHF and take profit in $0.6990 CHF
Good luck
***Tomorrow we have Canada Core CPI, that mean indicator of purchase consumer and it's used to measure inflation rate what are the sentiment of Canadian consumer into this economy.
Pullback
Education: How To Trade Pullbacks To The Trend LineFor Trend Line Breaks, Wait For Time and Space To Occur. In this example, the trend line was broken on August 3rd, 2022 at 15:00. After the break, the Pullback Trader would wait till price retraces back to the broken trend line for an entry. Price retraced back to the trend line on August 11th, 2022 at 19:00. The Trader would have placed their entry at that time and date.
The next retracement occurred on August 29th at 19:00. The Trader would have placed their entry at that time and date.
In trading trend line breaks, wait for space and time to occur before entering.
Pullback for silver higher zones23$ is in a buy zone should expect higher zones.
Strong support in 23 dollar; should see silver to go higher pass 24$ breakout if the bulls could pull of the sells pressure then we should see back to 24$ zone and make double top at 25$.
Trade safe y’all.
Buy@23$ zone
Take profit ether $25-27$
APEUSDT Channel Low| Daily Resistance| Liquidity| Single PrintEvening Traders,
Today’s analysis – APEUSDT- trading away from its Channel High, losing support will lead to a deeper pullback,
Points to consider,
- Price Action Impulsive
- Channel Low Support
- Naked Single Print
- Lower Resting Liquidity
- Market High Low
APEUSDT’s immediate price action is trading towards an area of support that is in technical confluence with the Channel Low, Single Print, and a Liquidity Points, allowing for a bullish bias.
The immediate objective is the channel high, this will become more probable as resistances get breached on the way up.
Overall, APEUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps, thank you for following my work
And remember,
“Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions” – Jack Schwager
BTC short term scenario- 18.5K or 22.5KHi everyone, I'm looking at daily timeframe. To tell the truth I would like to see this scenario to play out. When BTC pullbacks to 20.1-20.3K zone I will try long position with tight stop loss.
When BTC rejected at 21.3-21.5K zone, 90% opened short positions, Will be ideal if BTC pumps to 22.3-22.5K zone and liquidates enormous amount short positions before retrace to 18.5-19K zone.
Let's follow and see how BTC behaves))
BTC: BEST POSSIBLE SCENARIO FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this BTC update. My previous BTC analysis went wrong, I didn't expect that quick pump from $18k to $21k and IMO no one caught that kind of move. Still, I fully accept my mistake and try to learn more daily from the market.
Now, let's get to the chart.
As you see, BTC is forming a large falling wedge-like structure in the 2-day time frame and currently rejecting from the upper trendline of the wedge. From here, I'm expecting a correction up to $18k-$19k and this is the zone where I buy everything with a tight SL.
I'm expecting that after reaching the $18k-$19k zone, BTC will start pumping and breaking this falling wedge. Once it breaks above it then be ready for $30k
Invalidation of bullish scenario will be close below $18k
So as of now wait patiently until BTC reaches the support zone ($18k-$19k). Meanwhile, in between, try to do some scalp with a strict SL.
What do you think about this? Do you agree that BTC should do a pullback from here? Let me know your thoughts in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
USDINR Bearish setupUSDINR: it used to trade with 97% precision in regression channel trends,
which is now decisively broken.
The current candle seems more like a temporary pullback and the Indian currency might witness strength in upcoming sessions.
only believing charts, I would be comfortable having a short stance for target 79.95
oh the places its gonefinally we see a daily bull move out of bitcoin, and the moment it appears to be reaching escape velocity a wild pullback appears. theres a chance this leads to consolidation towards signal (.5 of bounce/top of consolidative area lows weekly), but if we hold this pivot im looking near weekly highs (bottom of last monthly bounce). even if we trend back down toward equillibrium im still buying long term.
USDCAD - Looking To Sell Pullbacks In the Short TermH4 - Price has broken below a strong support zone.
After the breakout this strong support zone is acting as a strong resistance zone for us.
Lower lows.
Until the strong resistance zone holds I expect the price to move lower further in the short term after pullbacks.
🎁BUY BITCOIN in pullback🎁🔰You can see the analysis of Bitcoin in one hour time frame (BTCUSD_ 1H)🔍🧨
💥Considering that the price has managed to break the Down trend line🖤 and is making a pullback❗ to it, there is a possibility that the price will rise from this pullback area to the SUPPLY zone🔺🚀
⚠❗This analysis will be violated if the price goes below the DEMAND zone and stabilizes below it⚠❗
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
_______📈TRADER STREET📉______
Long trade on HALHaliburton is setting up in a volatility contraction pattern trying to break out higher. There is supply at the $40 level, so I want to buy on a pullback off that level to create a profit cushion in case it fails there again.
There is also a longer-term cup with handle pattern here with $40 being the top of the handle.
Volume is drying up in the base which hopefully signals supply no longer coming to market and the stock becoming harder to buy. I am taking a small pilot position off the pullback to the 50-day moving average (red line) with a tight stop at 35.20.
The fundamentals looks great with 4 consecutive quarters of big sales and earnings growth. Analysts also predict another 41% increase in EPS for 2023.
HIENS3 just starting?Waiting for possible pull-back entry on 15min tf. If this is just the first leg, could be the nice winner. SRSI could use some cool-off time.
Set alerts
Good luck traders
HUGE SPY Call(+100%)This one was HUGEEEEE. I've noticed one thing now. TRADE INVERSE HEAD AND SHOULDERS. I mean my goodness, we traded it 3 timtes this week or around there, and didn't lose once. Opposite of that on every play we had +50% or more.
Entry:
INVERSE HEAD AND SHOULDERS(Best strategy ever)
5 min -
Inverse head and shoulders
RSI above 50
1 min -
HUGE inverse head and shoulders
Got the trade off pullback of right shoulders(marked the zone green from top of body to low of body and took the trade once it got in there).
Instead of buying as soon as it got in the zone, I bought when price closed above 14 EMA
BT cloud flip
Held trendline
Audchf Breakout pull back
Setup: Breakout pullback
Trade rating:4.5\5
Reward: risk: 7:1
Market conditions: choppy
this is a great entry for an awesome risk to reward.
concerns are the tight stop and the market condition is not ripe for strong moves but we have some resistance above and it looks promising
ADAUSDT wants the pullback?
the market lost the support after a false breakout from the falling wedge
How to approach it?
The price could create a pullback until the 0.618 Fibonacci level, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
EURUSD - Potential Long PositionPlease let me know what you thing, your feedback is appreciated.
Classic Pullback Strategy.
Price is currently in a uptrend respecting the trend line and the 200EMA.
Price have retraced back to the 50% Fib Level
As price is at Support Zone we have to look for Price Action before jumping in, If the Support, Trend Line and 200EMa is broken we can look at a possible reversal.
Triangle Break-Out in 1 DTF//HGINFRA+++The Triangle is broken with good candle and also sustained in today's session.
++The Supports(+) and Resistances(-) are also perfectly respected.
+Lets follow the Price Action in keeping the SL(Under 14 Dec candle) and Target R:R should be (2.5)> .
Happy #Christmas Trading Mates!