EURCAD Will BULLS Finally Break Resistance?Welcome back! Let me know your thoughts in the comments!
**EURCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Range
How RobinhoodFx visualizes chartsIn this NZDCAD chart we illustrate why we look at range bars and why we highlight specific pip distances. When we approach trading, we like to set our trading to 400 pips per range and 100 pips per candle on the Weekly / Daily giving us the representation drawn.
At this point we are looking at a trade that is at its -30% retracement or on the illustration we see that -30% is represented by a wick. If we see a reversal, price will trend higher towards 0% reestablishing itself back into the body of the candle from this point we will look for a 50% retracement in price.
If we continue to see price trade below -30% that means that price is already trading into the next 400 pip and 100 pip range being -30% or 70% into the next 100 pip range this is an overall bearish sentiment in price.
In explaining this trading process we are looking to see a recovery and overall commit to a bullish bias on the trade.
Range bound EURJPYIn our Q/M 250 pip view we are looking for the EURJPY pair to remain in a bullish range or an efficient market with a bullish bias. Being that we are looking at an efficient market we understand that we only get involved at range lows.
Robin Hood Trading Community:
Our play is to buy at the lows with nano lots 100 lots 0.001.
We are looking to accumulate positions for a inefficient move higher and protect ourselves from a large downside loss with correct risk management for our portfolio size.
To trade a Carrefour range.Carrefour - Intraday - We look to Sell at 17.47 (stop at 17.91)
Price action continued to range between key support & resistance (16.00 - 17.50) and we expect this to continue.
Daily signals are mildly bearish.
Bespoke resistance is located at 17.50.
17.50 has been pivotal.
We look for a temporary move higher.
17.50 continues to hold back the bulls.
Our profit targets will be 16.37 and 16.07
Resistance: 17.00 / 17.50 / 18.00
Support: 16.50 / 16.30 / 16.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses.
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BTCUSDT - potential setupsBINANCE:BTCUSDT
Hello everyone!
🛎 Let check the trading idea for BTCUSDT
🤗 Not making anything difficult everything is pretty straightforward.
👉 1. Price goes ABOVE the selected range on the picture. Long positions to activate. 🟢
👉 2. Price goes BELOW the selected range. below. Short positions to activate. 🔴
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⚠️ Important Notes:
1. Always follow your trading plan regarding entry, risk management, and trade management. ❗️❗️❗️
2. Timeframes: up to H4
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Bitcoin on the way to 24.4k as first target$BTC still following the levels & on track to $24.4k as main target.
Volume rising too, so no signs of weakness there.
Once at $24.4k main question is if we will push to $28k, or go down to continue a range.
If rejected, this will be an easy rangetrade for swing traders.
That said, $28k is not that unlikely IMO. And if we do go to 28k, the VPVR indicates the move will be quick (meaning: it will be a steep climb, rather than a gradual one).
$28k will be a bulltrap if it happens, though. Sentiments will be affected quite heavily when we near $30k as people turn bullish, but it will be the local top of a bear market rally.
So I will be aggressive when it comes to profit taking at the important levels.
Using this 1D chart as orientation for now, and serves me well.
Hope it helps you all too. Have a great day!
$BTC profitable range for swing traders$BTC moving as planned thus far: stopping at all expected levels on the 1D chart.
I'm interpreting this chart as $BTC forming and moving in a HTF range. I am not reading anything bigger (like macro trend reversal) into the recent move.
This is a profitable range for swing traders. 2017 high is strong support so great long opening, and several obvious TP points along the way. Vice-versa also being the case with shorts.
possible accumulation The fiber is trading in a range and we can notice an upthrust and apossible spring, we still cannot confirm that the low of today is the real spring, in fact if we trade in a conservative way we might wait other confirmations before thinking about opening a long trade, if you are more aggressive you might open a buy with tp and sl as highlighted on the chart above.
Pay attention at the fundametal news, especially on thursday during ECB event
If you want more specific information send me a direct message.
Francesco
NZDCHF - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for NZDCHF .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC short term analyze...BOhello guys
yesterday #btc made a fake out from small range and after that break down bottom of range area and i think it will continue to reach $18038, due to last spike movement!
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
AUDUSD midweek sell updateAUDUSD provided this really great sell opportunity. I hope whoever was trading AU caught a similar move and if you didn't, I hope this video can give you some perspective! AUDUSD was trading in a range. Price wasn't ready to go longer on Monday. Tuesday gave it some fuel to go even higher. AKA right into the discount zone of the AU range. I marked out some selling areas such as the imbalance and Friday highs to look out for CLEAR rejection, that price won't be going higher. then a dump! perfect for an entry when the dump is happening. or placing the trade on the nearby OB that was around 6 pips away. the reason I showed both scenarios is it really depends on the pair and its movement on where you'll take the trade. sometimes the dump can be of 20-30 pips. and I don't take trade with such a huge SL cuz its unlikely to satisfy my min RR (for my strategy). Hence, I would place a sell limit on the OB of the sell off instead to secure a better RR. sometimes, that can mean missing out on the move. and that's ok. the price DOESN'T ALWAYS return to the OB and that's the part and parcel of trading.
I hope this explanation made sense if you were watching! thank you !!!