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Rejection

Hit trend line, done with the retest. Back up bullish. The price did the move as we all anticipated, a beautiful 400 pips move down where we just target about 150. However, after the major retest, we can see the price has made a rejection candle in the 4H time frame and hit trendline which is a good sign of continuing back up. The price may be back up to the 1950 golden zone as we all know. Allow some beautiful confirmation in your trading and go for a good RR. Never risk more than 0.5% risk on a single trade. Good luck everyone.
FX:XAUUSDLong
by VeerForex12
1
BTC: Last chance for survival.Every time a death cross happened (200/50MA cross) BTC has entered into a bearish cycle. During JULY 2017 bullrun, BTC was close to complete a deathcross, 50 and 200MA were getting closer, but after the "dip" a strong rejection happened and price recovered. That was BTC hope for nowadays price action once we fell from 64k, but then 30k flash crash happened and 200MA 1D (39k) was pierced. Can we go push prices above 200MA 1D massively and quick so 50MA moves higher quickly and draws away from 200MA avoiding a massive death cross? It's last BTC hope for resuming the bullrun, otherwise BTC will complete a wyckoff distribution following by an accumulation which may take months. Marketbuy or crash. NFA.
COINBASE:BTCUSD
by diversionlulu
7
GBPJPY 151.41 + 0.16 % LONG SHORT IDEA * REVERSAL PATTERNS HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE GBP/USD. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
2
Finally Good News For PolkaDOT!The price has been respecting an increasing trendline since it has begun the bull run. On 22 February, the price has experienced a very strong rejection of this trendline, and also around 22 march, a rejection is noticed. All this adds confluence to the fact that this trendline has become support. From 20 February till 20 March the price has failed to break a strong support zone (drawn in grey) many times and kept bouncing between 31$ and 37$. Recently we noticed a breakout of this zone where the bullish candles closed above this zone and now the price is testing it which transforms the old resistance zone into a support zone. The price can have a bullish run either soon or until the price touches again the trendline.
KRAKEN:DOTUSDLong
by rodrader
POLS On The Edge of a BREAKOUT!Polkastarter has been respecting this triangle since it's all time high, the price action tried many time to break it but ended up by failing and we can see a strong support zone has formed below the price. On the 4h timeframe, the 200 EMA happens to pass by this support zone and the price can be clearly seen that it has tested it more than one time but failed in breaking through which adds confirmation to our trade idea. If the price breaks upwards we can expect it to reach 10$! Good Luck :)
Long
by rodrader