EURUSD-Weekly Market Analysis-Nov20,Wk4Having Bearish Butterfly reaching its first target and bounce back to the previous hight at the HOP level shows that the resistance is still in play. At this moment we have a descending triangle within a potential bullish shark pattern that I've planned for a shorting opportunity.
Resistance_level
EURUSD - Swing Trading - Short term and Mid term TradingHi Traders!
Here is an idea for Short- and Mid-term Trader.
For the H4-Timeframe you can recognize a repititive pattern.
It is an ascending Trendline which finally gets broken.
This happened two times and the third ascending Trendline exists too.
The idea is to sell the break of the Trendline.
Now, here is the H1-Screenshot for the Short-term Trader:
Here you can see that the price just arrives at two important Levels:
- After the Breakout it retests the Trendline
- It arrives to the important Resistance Area
The idea is to sell the Turn-over at Resistance.
We recommend to trade in combination with candlestick patterns!
Thanks and successful Trading :)!
BABA Dip Buy Blink WinAlibaba should dip at the open on Wednesday based on the Bollinger Bands, and MACD. However if you look at bearish volume on the MACD you can see it declining. We are getting set up for upward potential. We are far from the moving average and resistance according to the Kurutoga cloud. Moving average is $271 while resistance is $282. These are accurate but Alibaba has the potential to outperform these numbers in the coming weeks. I look to Triple my BABA Call position during the dip tomorrow. IF THERE IS ONE. My predictions are just predictions, I am not an expert. I have been doing well though if you look at my past work. You will see my big wins and fails. Having a great time trading and I am very impressed with all the feedback I received on my first post about BABA. Follow for more and share your thoughts in the comments. I will update those following on my position. MEGA profits ahead of us!
GBPUSD BUY (Signal #9)1. Tested resistance
2. Tested resistance
3. Confirmation - bullish candles getting smaller
It couldn't get simpler than this; very clear and significant level. Great R:R. This is price action trading 101. Although the trade is very clear, SL will be used incase something unexpected happens. SL is great, it helps us protect our capital!
Entry Price: 123.787
Take profit: 124.000 (20)
Stop loss: 123.590 (20)
The risk to reward ratio is not perfect. So we are risking very little on this trade.
Entry Price: 1.32230
Take profit: 1.32500 (50)
Stop loss: 1.32700 (25)
EURJPY BUY (Signal #8)1. Reached zone
2. Respected zone
3. Confirmation with bullish engulfing candle
The trade was confirmed after a bullish engulfing candle was formed on the 30M chart. We waited for the candle to close, it did and we entered. This is on a channel, so it is acceptable to buy on a slight downtrend as the channel is confirmed and could continue.
Entry Price: 123.787
Take profit: 124.000 (20)
Stop loss: 123.590 (20)
The risk to reward ratio is not perfect. So we are risking very little on this trade.
DAX DAILY SHORT SWING TRADEDAX is hitting a powerful resistance level which has seen recency, strength & frequency since summer 2020. Double top showing on the 240 chart with a possible red kicker candle. Do choose your entry reasoning wisely & always manage your risk. We could see a failure on positive covid vaccine news, but interest in that could wane sharply as we saw recently.
S.L. 13520.6
Entry 13270.7
Take Profit 11721.2
Risk Reward = 6.2/1 (or 2.73/1 for conservative trades).
MBLUSDT is trying to have a breakout 🦐MBLUSDT is trying to have a breakout from the daily trendline and daily resistance
IF the price will have a breakout and flip the resistance into support, According to Plancton's strategy, we can set a nice order
–––––
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.
ARPABTC is inside a weekly range 🦐ARPABTC is inside a weekly range and testing the upper resistance.
IF the price will have a breakout upwards with nice volume, and flip weekly and daily resistance into support, According to Plancton's strategy, we can set a nice order
–––––
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.
AGIBTC nice breakout from daily resistance 🦐AGIBTC nice breakout from daily resistance, after tested weekly support.
IF the price close above daily resistance and flips into daily support, According to Plancton's strategy, we can set a nice order
–––––
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.
BTC 1H RESISTANCE TESTIf $BTC can consolidate the price near to the resistance i've marked.
It can try to bull that res allowing us to chase 1ST OBJ (0.618 FIB MAX Probability) and 2ND OBJ Near 16500-16700 making a channel splitting allowing new ATH.
But if it happens we can expect a throw back on the OLD TL making a good oportunity to enter