NZDUSD: can this maximum pain level give us some 30 pips?Rejections from top and bottom + bank levels in place = short opportunity
Rejection
AUDUSD: short for ~40 pipsRejection from top + rejection from bottom + supply zone + thick wall of bank levels = short opportunity
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.
Bullish Rejection ENJ, ETHShowing price in both situations get rejected to the bullish side
This is normally seen with the one candle before a sharp recovery is made
Continuation is favored in a market as bullish as this
I am long ETH but not with ENJ
GBPAUD Short (H4) POTENTIALLower highs and lower lows --- broke under 200ema and retested as resistance, looks like we have room to go down further to the key areas pointed out.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY -- DO NOT TRADE THESE!
Wait For the One Perfect Entry!A perfect entry would be a 50% pullback from the previous high to a price between 12 and 13 cents. I expect that the price will meet the 50 EMA at this zone. Look for 50EMA retest and go long to 0.30 cents. But if the price breaks and close below the 50EMA look for a further downside and a change in trend.
USD/CHF - Retracement before a further Push?Will we see retracement to start the week on this pair before another push to the upside?
Keep an eye on our marked key level!
Wishing everyone a fantastic trading week!
Cardano PERPNicely back above the trend line and back at the range low. If we can claim the range low again, there is a very big chance that we are going to look for the range high again as we will have made a deviation and what we often see after a deviation is that the price is going to look for the other side of the range. Let's go ADA
USDCAD - Bearish retest of significant levelThis could be a perfect entry for a long term short to 1.19.
USDCAD broke the long term (2008 to 2020 peak) 0.618 level and closed bearishly below it. Price has now come back to retest the level. After wicking into it, the level was wicked through but closed very bearishly (red arrow). Next major support is 1.227 (200 pips away).
Entry: 1.24985
Stop: 1.25689
TP: 1.22764
R:R: 3.2
Happy trading:) follow for more
BULLISH GBP/CAD- Divergense at 1h, 30m, 15m.
- Rejection from a resistanse zone.
- Wait for break and retest of rejection zone.
EURUSD: Bulls are back ? On EURUSD, price failed to break the supply zone that we have around 1.19 and is going back up. Thus, we are only looking now for buy setups, and if the price reaches our previous support, which is now a non-horizontal resistance (green), we will look into lower timeframes for sell setups.
If you like the idea, support us with a like and follow
Trade Safe,
MacroForex
APPLE - Detailed Video Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for APPLE, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
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 :)
GBPUSD- Friday Asian range- wave count Looking for sell entry at rejection zone just above Friday’s Asian range.
GBP/USD - More Downside Potential Imminent?We have been bullish on the USD for some time now.
We've seen a break of our ascending channel and key level in the market in the latest bearish 4HR.
Right now we're seeing some rejection of 1.38.
Be careful trading this market today with NFP figures out!
The gift that keeps on givingI invite you to yet another drop to the downside in on this lovely pair
TRXUSDT wants to retest the previous weekly support 🦐After a bearish movements, the price retested the weekly resistance. Now the price is testing 4h resistance. IF the price will have a rejection, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BTCUSD SHORTHey guys,
Rejected form resistance. Bears in control. Leaving orders over night.
btcriddles
EURAUD SHORTEA has been in a continous downtrend since the beggining of the year. On the 2H timeframe, price action consolidated for a while before breaking beow and retesting the new resistance it was now under. Price has now fallen below again and made a lower low and is now coming back to retest the previous lower low. There is also confluence with the fibonacii golden zone which is what I will be using to get a perfect entry. The last confluence is the new bearish trendline price has been respecting. Im waiting on price to reject the trendline with a strong wich and close below the support with some type of entry confirmation candle on the m15. Ill be looking for a doji or a bearish engulfing on the m15 and will set stops to the -78.6 zone. I'm going to run 2 positions and the first TP is the - 27 Fibonacci extension and TP2 is - 61.8 fibonacci extension. Oce price hits TP1 , I will set the trade to BE .
RISK MANAGMENT IS HIGHLY IMPORTANT
