Golg BUY setupAs you can see, there was a break of the structure then waited for a retest with a nice bullish flag formed on the retest.
Let's go LONG.
Retest-structure
GBPCHFGBPCHF is in downtrend on the daily, after the bearish impulse break of structure, price retested and gave a rejection finding resistance....I am anticipating another bearish wave
Good Place to add.. TATA CONSUMERThe stock has already been in a good uptrend.
Currently retested support. If nifty will show any strength then, It will again move for the next ATH.
Disclosure: Invested. Use your own judgment.
New entry in ICICI BANKI believe, the Top 2 Banks in India are - ICICI BANK & KOTAK BANK
As now we have covid behind us, I believe Banking sector will now pick up a good pace for next 2-3 years.
Hence, started building a position by taking advantage of the current market fall.
I believe this was a decent entry point with a 14% discount from the Top.
I will keep on adding as this stock will perform.
Disclosure: Invested personally, hence views could be biased. Use your own judgment. :)
RELIANCE - Re-Test Structure - Swing Trade The analysis is done on Daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me various platforms for any query or suggestion regarding this stock or Price Action Analysis.
XAUUSD SHORT IDEAHey guys, this pair is currently on a bullish trend. However, i expect a retest of the 1810 zone for it to continue with it's bullish move.
Andrews pitchforka bat pattern in progress,
I am thinking about to buy with retest of retest of L-MLH
and break of local counterline
SHIBUSDT-4H-Long potentialHi guys;
For this shitcoin we can expect another bullish impulse till our targets but first we need a breakout then we can enter to long position or hold the end of retesting.
Do not forget to like and follow me guys.
0811 Retest Top USOIL before new high, safe trade to retest 85Hello traders,
USOIL got its fibo 618 support on 4H chart and rise up again. And did not go that far to fibo 786.
It is possible to retest the top again, ranging btween 83.8-85.00.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
Tcs Looking Very Strong Near Day Support Zone 3390 - 3350 Tcs Looking Very Strong Near Day Support Zone 3390 - 3350
Strong Reversal Seen In Tcs After Retest Previous Breakout
Tcs Big Buying Opportunity Cmp 3490 - 3500 Spot
Stop Loss Below 3350
Target 3900 4200 4500 +++
Short for GBPJPY - 3top on Major DWtrend and Rejection Retest!Hi.
Short with 1 to 2 RR because it rejected good from DWtrend Line in Major TimeFrame(H4,H1) with a 3top pattern and Retest major DWtrend Line again and short Candels for enter a short position.
its for learn and practice use it your own risk for real trade.
thank you
#SKLUSDT #SKL#SKLUSDT
#SKL
@khancryptoschool
2nd Breakout Almost Done Now Ready For Fly
Keep in mind.
🟣 Purple Structure
Monthly Frame Structure.
🔴 Red Structure
Weekly Frame Structure.
🔵 Blue Structure
Daily Frame Structure.
🟡 Yellow Structure
4H Frame Structure.
⚪️ White Structure
1H Frame Structure.
GBPUSD SellHey guys, today we are looking at GBPUSD. I am seeing a sell, due to a break and retest and touch of a trendline... My stop is 30 pips and my target is 100 pips... Lets sell and see what happens in the coming days guys...
GBPUSD SellHi, again guys... Today, am looking at GBPUSD pair and I am seeing a sell. A break and retest of a previous zone.
Long Clean Setup!Price created a really good demand area by retesting fully. Very clean play for the playbook. Supply and demand action.
GBPUSD possible setupsPrice is Trending up, and the bias is still bullish. If price breaks above structure, buys continue, if price breaks the trend line and the previous higher low structure, we can expect a reversal trend to start off the double top.
* Break and retest with rejection confluence (wicks and engulfing candles) required off both structures.
Similar opportunities on:
- AUDUSD between 0.73268 and 0.72948
- EURAUD between 1.58436 and 1.57871
- EURUSD between 1.15735 and 1.15469
- EURGBP between 0.84968 and 0.84779
Waiting for 4H to close above these levels then a retest back to key levels with a 1H rejection consisting of wicks and engulfing candles.
Hope everyone has a good week.
GBP/USD PullbackThis looks like a really good retest so far. Broke trend line, Retest and possible short?
GBPUSDPrice is pulling back, I will be looking for a potential continuation down from here or after one more pump up on this correction. Let's react to what price action shows us!
Trend continuation with double topPrice seeing nice intraday level being broken on 1H timeframe. We have a 1H double top with a break and retest from the neckline. Furthermore, the 4H has closed bearish, creating a bearish market structure below key levels.
Let's hope we see price continue down to the next key level with 1:3 RR. Look to move to BE or - 0.5R when price reaches 1:1 RR.
Simple trades like these which clearly suit my trading plan are the best way I build confidence. Whether I win or lose the trade, I know that I followed my rules and it's just another trade, result is irrelevant. Trust the process!
Are the the odds in our favour to short !!We genuinely can see we are a descending channel in the bigger time frame , from this position , we have broken through the mini uptrend , we have managed to have our test and retest and we are looking for a chance to short the market
