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Resistancerejection

GBPUSD I It will fall from resistance Welcome back! Let me know your thoughts in the comments! **GBPUSD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
6
EURCHF Short from Resistance 80 pip potential gainWelcome back! Let me know your thoughts in the comments! **EURCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
1
USDJPY ! Resistance action, short trade idea.USDJPY is trading swing high levels as Japan's central bank talks about taking notice. At point 1 , price makes a swing high and sells off sharply afterwards. This is when most trades will start noticing the level and they are prepared to sell when price comes back. At point 2 , price is approaching the level again but turns ahead of the line. Many traders have missed this entry and are probably very frustrated – you can be sure that next time price comes back, they will enter more aggressively. Sure enough, price breaks through the resistance level At point 3 and all the traders that have missed the entry at point 2 and who now entered early are caught on the wrong side. At point 4 , price again respects the resistance level to the point
Short
by YertuntsTrader
4
SOLUSDT is testing the resistanceThe price is testing the 4h resistance after a clear breakout from the 32.5$ area. Now the market is creating a pennant below the resistance. How to approach it? IF the price is going to lose the support and the pennant, and retest the support as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
2
CADCHF SHORT-TERM SHORT OPPORTUNITYWelcome back! Let me know your thoughts in the comments! **CADCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
6
ZECUSDT is testing the weekly resistance The price is in the consolidation phase between the monthly and weekly resistance On the 4h timeframe the price had a breakout and retest the previous resistance as new support. how to approach it? IF the price is going to have a breakout from the weekly resistance and retest as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
USDCAD Swing Analysis Price Action Channel StrategyWelcome back! Let me know your thoughts in the comments! **USDCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
4
ADAUSDT is testing the resistanceThe price is testing the dynamic 4h support above the daily resistance at 0.48%. The market is going to try to complete the W pattern below the daily resistance at 0.54$ where the price needs to grab more liquidity to create a new breakout from the historical resistance how to approach it? IF the price is going to have a breakout from the neckline and retest it as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
AUDCHF I Swing Downwards 70+ pips Welcome back! Here's an analysis of this pair! **AUDCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
2
SANDUSDT is going to retest the resistanceThe price had a nice reaction from the daily support as I told you in my previous analysis on 0.8$. The price could retest again the 0.786 - 0.886 Fibonacci level on the 4h timeframe and got a rejection. a RETEST is NOT ENOUGH for a short position, the price needs to satisfy our rules How to approach? IF the price is going to have a reject from the key level, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
ETHUSDT is testing the 4h resistancesthe price tested the monthly support where the market got new liquidity as I told you in my previous idea. Now the price is testing the 4h resistances, as you can see on the left, the price has several structures on that area. How to approach it? The price needs to create a new breakout from it, and retest the 2k resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
22
ETHUSDT is testing the resistance. ready for the breakout?The price got liquidity from the monthly support as I told you in my previous video. the monthly is an important key level on 1700$. Now the price is testing the 1925$ resistance where the price bounced several times it means that this level is so important for the market. How to approach it? The price needs to have a new breakout from the level, thus, the price could retest the previous resistance as new support on 0.618 Fibonacci level, in order to get new liquidity for the next bullish impulse. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
18
ETCUSDT is testing the 4h resistanceThe price bounced exactly in the 1.127 Fibonacci Extension on 17.25$ and the market started with a triangle on 4h timeframe. now the price is testing the 4h resistance at 24.5$ where the price got a rejection a few days ago. How to approach it? the price needs to have a new breakout from the resistance and retest the resistance as new support. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
2
XMRUSDT is testing the resistance The price is in the accumulation phase below the daily and weekly resistance on 226$ As you can see on the daily timeframe the price created a double bottom in 140$ area, created a W pattern retested it for a new bullish impulse until the current resistance. on the 4h timeframe, the price is creating a channel between the 209 and 226$ How to approach? The price needs to have a CLEAR breakout from the weekly resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
XLong
by InkyGrip
8