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Pullbacktrade

ETHUSDT is in accumulation phaseCurrently, the price of ETHUSDT is in a consolidation phase, which means that it is trading in a narrow range, moving sideways without a clear trend. This consolidation phase is occurring above the Demand Zone, which is a price level where there is significant buying pressure from traders and investors. Traders who follow Plancton's Rules, are anticipating the arrival of new liquidity, which could potentially push the price of ETHUSDT higher. However, before that happens, there could be a pullback in the price, which means a temporary decline before the upward trend continues. According to Plancton's Rules, the next potential pullback zone for ETHUSDT could be around 1640. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
11
BTCUSDt is testing the key level!BTCUSDT is testing the daily demand zone, which is a significant support level for the pair. Traders and investors are now waiting for the 4-hour timeframe to flip and retest the previous resistance as new support, according to Plancton’s rules. This could indicate a potential long pullback until the 23600 area. If the price does break above the previous resistance level and holds as new support, this could indicate a bullish trend for the cryptocurrency pair. However, if the price fails to hold as support and falls below the demand zone, this could indicate a short-term downtrend. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
14
Bank Nifty: A quick pull backBanking sector saw some heavy selling this week, but it shouldn't come to us as a big surprise as most banks have been trading at very high prices, and more importantly, perilously close to their respective supply zones. BankNifty took the toll for obvious reasons, after a long struggle to cross the 41600 level, price was finally pulled down from deep inside the supply zone. Index has dropped by almost 5% within a week, and as a result, we have just hit a recently created demand zone. This is the first retest of this demand zone since it was created, and we saw a very good rejection today where price easily sustained above the zone. I'm expecting the price to at least temporarily retract from these levels, which makes for a very affordable & low-risk long position for the coming week. Rationale: - A fresh demand zone being re-tested, rejection with good volume. - Price has taken support at .786 fib-level. - Price has broken through 14-period ATR range on 30 Min and other smaller TFs. - RSI & Stochastic ascending on 1H and smaller TFs. - ADX indicating a loss of strength in the down trend. Final Note: - This is supposed to be a quick trade, max 3 days(do not wait until the weekly expiry). - Exit criteria, either of the following, which ever happens first. >> - Target achieved >> - Stop loss reached >> - End of 3rd day of the trade - Do not go big, as this is a trade against the trend, but risk to reward is very good on this one(almost 1:5), so should it turn out positive, it'll be well-worth the wait.
NSE:BANKNIFTYLong
by sudoMode
6
AAVEUSDT Short trade setupAave is currently in a bullish channel. So after seeing a correction, I tried to catch the second leg on 50% percent pull back, there for my entry was at 86.8 My SL was 51% from first leg ehich was 86.93 as it would decline this idea in case of doing more. I did this setup as I was expecting for a 50% pull back on BTC as well which we are heading too. So based on MM of pullback, my target is around 81.5 which is also a retest of down trend on channel. This a very good example of 50% pullbacks on price action strategy. Lets see
Short
by Cuckero
Pullback buy in LTHLife Time owns and operates a chain of “athletic country clubs.” They are basically high-end gyms offering everything from free weights and elliptical machines to steam saunas and smoothie bars. The company went public in late 2021, right before the bear market began. But the stock is now soaring… I have circled the signs of accumulation in the volume candles at the bottom of the chart. Notice the huge influx of buying on the way up and the relatively light volume on retracements. This looks like institutional buying and a sign that buyers are still in control. Last week’s pullback to the 21-day moving average is buyable in my opinion and should be a good entry point as long as the overall market holds up. I am taking a position here with a stop below 17.00.
NYSE:LTHLong
by rossgivens
🎁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📉______
COINBASE:BTCUSDLong
by TRADER_STREET
2
🌟SELL NZDCAD and get +180 pips profit🎁🔰You can see the analysis of the New Zealand dollar to Canadian dollar currency pair in the 30-minute time frame (NZDCAD_ 30min) 🔍🧨 💥Considering that the price has been able to break its up trend line🖤, if the price can reach the meeting point of the SUPPLY zone and the up trend line🖤 (pullback), it can fall to the DEMAND zone🔻 Do you think this analysis can be profitable🧐❓ I hope the analysis was useful for you🤍🌹 ________📈TRADER STREET📉_________
Short
by TRADER_STREET
💢SELL BITCOIN at the best place and price💰🔰You can see Bitcoin analysis in 30 minutes time frame (BTCUSD_ 30min) 🔍🎁 ⚡The price has taken a downward trend from the SUPPLY zone, and due to the breaking of the up trend line🖤 and pullback💜 to it, if the price can once again reach the meeting point of the pullback💜 and Resistance🧡, it can fall to the DEMAND zone 🔻 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 _______📈TRADER STREET📉________
COINBASE:BTCUSDShort
by TRADER_STREET
2
BHARAT BIJLEE DAILY CHART : Lots of price actionThe share of Bharat Bijlee daily chart lots of price action you can learn, if you are interested read below The first learn the trend line after 21st Jun the share follow the trend line, after trend line breackdown the trend line work like resistance 27oct 2022 the share strong bullish candle formation this candle break the previous high and trend line after breackout share share is pullback, after pullback this is now good for the entry What you think, please comment
NSE:BBLLong
by Anuragsahu001
🎁Profit +280 pips if you buy USDCAD in the right place🧨🔰You can see the analysis of the US dollar to Canadian dollar currency pair in the one-hour time frame (USDCAD_ 1H) 🔍⚡ 🌟Considering that the price has been able to break the Down trend line🖤 and pullback💜 to it, if the price can reach the meeting point of the DEMAND zone and the Down trend line🖤, it can rise to the SUPPLY zone🔺🚀 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 _______📈TRADER STREET📉________
Long
by TRADER_STREET
🔥Sell the GBPUSD in the right position and profit +240 pips🧨🔰You can see the analysis of the pound to US dollar currency pair in the 30-minute time frame (GBPUSD_ 30min) 🔍🧨 💥Considering that the price has been able to break its Up trend line🖤, if the price can reach the meeting point of the SUPPLY zone and the pullback point of the Up trend line🖤, it can fall to the DEMAND1 zone 🔻 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 ______📈TRADER STREET📉________
Short
by TRADER_STREET
🧨Sell position of AUDUSD with +350 pips profit⚡🔰You can see the analysis of the Australian dollar to US dollar currency pair in the 4-hour time frame (AUDUSD_ 4H) 🔍🎁 ✨Considering that the price has been able to break the Up trend line🖤, if the price can reach the intersection point of the SUPPLY zone and the pullback area, it can first fall🔻 to Support1🧡 and then to support2🧡 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 ______📈TRADER STREET📉________
Short
by TRADER_STREET
💢BUY GBPUSD at the best price and get +220 pips profit💰🔰You can see the analysis of the pound to US dollar currency pair in a 15-minute time frame (GBPUSD_ 15min) 🔍🧨 💥Considering that the price has managed to break the Down trend line🖤, the best place and price to buy this currency pair is at the intersection of DEMAND1 zone and DEMAND2 zone and the Down trend line🖤 to ❗pullback❗ to it, and if the price can reach this place , can experience upswing🔺🚀 to Resistance🧡 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 _____📈TRADER STREET📉______
Long
by TRADER_STREET
"MATIC" Polygon growth potentialHello guys. hope you are good today im going to explain a few about the reasons MATIC skyrocketing these days. i look this happenings in 2 sides: first Fundamental News and second Technically. lets go... "On Monday, deltaDAO, a data economy solutions company, launched its Gaia-X Web3 Ecosystem network upgrade based on Polygon Supernet. The Polygon team said the collaboration brings the blockchain at the heart of European data economy. The partnership enables a global trustless data economy where users are in full control of their data, it added Antoni Martin, co-founder of Polygon, said the partnership will help provide an open and federated data economy for the European digital ecosystem. Earlier, Wall Street bank JP Morgan said it successfully executed a trade using the Polygon blockchain network. This came as a big boost to the Polygon community as it led to MATIC price rise. Similarly, another major collaboration news came in the form of Instagram with Meta saying it will be using Polygon for its first NFT marketplace. " Sooo excellent reasons exist for this rally. now lets see it technically... the price action breackout a long side move from JULY and surpass the 200MA. and break the important 1$ resistance. asnd when we add 55EMA to the chart we see a nice GOLDEN CROSS. what a nice situation... lets imagine its just a step of correction so we have C wave in play with at least 78.6% fibonacci level target 1.76$. and maybe 100% level on 2.6$! BUT... be careful if bitcoin come back below 20000 , maybe we see a pullback to 200MA and price 1$ or 0.97$ and after that again it starts. and in the end all of this analyze is my personal opinion and you shuold DYOR (Do Your Own Research). so i use I THINK already :) dont forget to manage your capital and risks. and dont forget we play in a VERY RISKY market so ALL THINGS POSSIBLE... i hope success for all of you my dear friends.
MLong
by TraderAmin-KZ
2
⚡Buy GBPNZD at the right place and make a profit of 235 pips🔥 🔰You can see the analysis of the pound to New Zealand dollar currency pair in the 30-minute time frame (GBPNZD_ 30min) 🔍⚡ ✨Considering that the price has been able to break the Down trend line🖤, if the price can reach the DEMAND zone and the trend line for a pullback❗💜, a good buying position will be created, and the price can experience an increase🔺 from this area to the Resistance🧡🚀 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 ______📈TRADER STREET📉_______
Long
by TRADER_STREET
🎁sell Bitcoin at the right place and get 1160 pips of profit💰🔰You can see Bitcoin analysis in 1 hour time frame (BTCUSDT_ 1H) 🔍🧨 💥Due to the fact that the price has been able to break the Up trend line🖤, if the price can ❗pullback💜 to this line, a suitable area for selling Bitcoin will be created and the price can experience a fall to the DEMAND zone🔻⚡ Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 ________📈TRADER STREET📉_________
Short
by TRADER_STREET
2
Gold Pullback potentialHi friends. Unfortunately we have bad times in iran and im so sorry about that. i couldnt post any analysis for 2 weeks and i hope you accept my excuse. God bless all IRANs people. As you can see i think we have a strong Resistance level approch. and also a valid trend line. this Resistance level overlap with trend line and after going up to around 1680 the price will react and make a pullback. wait for price to pullback compeletely and after you receive confirmation (mostly bearish candlestick patterns) , you can go SHORT. and in addition we saw the 55MA crosses 100MA and 100MA crosses 200MA and this is a death cross. thank you all. PRAY FOR US WE HAVE VERY VERY BAD TIMES IN IRAN.
TVC:GOLDShort
by TraderAmin-KZ
6