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Rejection

BQX/BTC - LONG - POTENTIAL 26%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: BQX/ BTC T/F: 1 HOUR LENGTH: MEDIUM ENTRY: 582 TP1: 613 TP2: 635 TP3: 687 TP4: 736 SL: 548 NOTES: - Key resistance flipped - Candle support rejection - Strong support - Pullback support - Uptrend KEY: SHORT = 1-2 DAYS MEDIUM = LESS THAN 1 WEEK LONG = > LESS THAN 1 MONTH INVEST = MORE THAN 1 MONTH ***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's*** Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am taking please trade safely and responsibly.
BLong
by Kryptochristian
NZDCAD waiting for our trigger to sellon DAILY: NZDCAD is sitting around a strong resistance zone in green so we will be looking for objective sell setups on lower timeframes. on H1: NZDCAD is forming a channel in red but it is not valid yet so we are waiting for a third swing to form around it and then enter on its break downward. or we are waiting for a momentum candle close below the head and shoulders neckline to sell. moreover, we have a regular bearish divergence on MACD adding more confluence to our sell setup.
Short
by TheSignalyst
XAUUSD - GOLD waiting for our trigger to sellon WEEKLY: GOLD is sitting around a strong supply zone in green and round number 1800 so we will be looking for objective sell setups on lower timeframes. on H1: GOLD is trading inside our red channel so we are overall bullish from a short-term perspective, but we will be looking for sell setups as price is sitting around resistance. we are waiting for a momentum candle close below the last swing that forms around our lower red trendline to sell this one. moreover, we have a regular bearish divergence adding more confluence to our sell setup.
OANDA:XAUUSDShort
by TheSignalyst
AUDUSD detailed top-down analysison Weekly, AUDUSD is approaching our upper purple trendline so we will be looking for trend-following sell setups on lower timeframes. on Daily, AUDUSD is sitting around a strong resistance zone in green which adds more confluence to our sell setup. on H4: AUDUSD is trading inside our wedge pattern in blue so we are waiting for a new swing to form around our lower blue trendline to consider it valid and enter on its break downward. Meanwhile, until our sell setup is activated, AUDUSD would be overall bullish.
Short
by TheSignalyst
GBPCAD - Rejection At Resistance!GBPCAD - Rejection At Resistance! After catching a 260 pip move to the upside on this pair, I am now taking a short position to a mid-level which would equate to +115 pips. Price has reached a key level of resistance and failed to break through. On lower timeframes I have seen various candlestick patterns that indicate that this pair will reverse. With a tight SL of -30 pips, this trade gives me a great R:R of 1:3.7. Time and patience will confirm.
Short
by UnknownUnicorn8714085
USDPLN waiting for a trigger to buyon DAILY: USDPLN rejected our previous support zone in green so we are still looking for objective buy setups on lower timeframes on H4: USDPLN formed a new trendline red so we are still waiting for a momentum candle close above our gray zone to buy this one. meanwhile, this one would be overall bearish and can still test our support one more time before going upward, in this case, we will be looking for new objective buy setups to form.
Long
by TheSignalyst
AUD/USD - 0.7000 Approaching!, Breakout or Rejection?Hello Traders! Hoping we all had a good start to beginning of a new week, as I've been looking more into COT Data, I've realised there are a lot of traders that are waiting for a short off 0.7000 level as 80% of retail traders are SHORT. Although looking at oscilating indicators the market has not reach an 'overbought' sentiment, meaning price may break our level and continue further. What Is The Market Telling Us? We have had a breakout of our symmetrical triangle, followed by a nice gradual uptrend towards our 0.7000 level Price has been ranging between our support zone and 0.7000 resistance level, awaiting on how price action occurs when level is met MAs are moving stagnant, meaning that there is no directional movement as of right now, possibly awaiting on more volume to come When Should We Enter? We must only enter once price has reached 0.7000 followed by reacting to what the market tells us to do If we are looking to go LONG, buy once price has broken resistance, retested and is followed by bullish signals If we are looking to go SHORT, sell once price has shown rejection off resistance followed by bearish signals
by forexwithfred
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