XAUUSD PASSBY TRADE15 MINS TF. WHEN BREAKOUT EITHER SIDE, CONTINUE TO TREND UNTIL NEXT SUPPORT/RESISTANCE/TREND LINE.
15mins tf when breakout either side, continue to trend until next support/resistance/trend line.
Short-long
ALICE bull and bear scenariosHello everyone, hope you doing good.
* This is not a financial advice, use the idea with your own strategy and risk management *
Few days ago, I wrote an idea about ALICE and shared with you a great setup ( Hope you didn't miss that one )
as we reached target 4, now we have to figure out whats the next move, as you can see in the chart below, we have a trend line that price has been rejected many times before and we are getting closer to it, two scenarios are also drawn on the chart below :
1. Green arrow = Bullish scenario : in which we break out of this level and since there is no actual resistance I think we will have a ride to ATH
2. Red arrow = Bearish scenario : in which we will get rejected once again and have a ride toward bottom
be patient, watch how price will re act to some certain levels, if you saw weakness it would probably mean that we are going to go down, but if we broke the trend line with a good bull candle, its most likely a bull market.
good luck !
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* This is not a financial advice, use the idea with your own strategy and risk management *
#Sand | 1D Bearish Divergence | #MetaverseHello Padawans,
First of all, do not take this as a piece of financial advice.
I'm planning to bring quick signals like this in the future.
Okay, let's get into the topic.
Sand is a developing under metaverse projects. In so shorting this in this time is highly risky.
But I see a 1D bearish divergence in the chart. But the fundamentals are bullish.
let's see what's gonna happen.
cheers.
May the force be with you.
Eur/Usd Hello traders! For my opinion this pair is buy because in the daily time frame as the pair is in the midst of broken neckline confirmation that in august 2021 then they will hold their breath for a fall. "Fibonacci" and "Support/Resistance" as well as "Parallel Channel" show a possible rise to the level of 1.1550 and then will try to test the level of 1.1000 which is also (0.786) Fibo .
Target one: Buy 1.15500
Target two: Sell 1.10000
Don`t forget to look the economic calendar!
THANK YOU!
GOOD LUCK!
EURUSD Daily Price prediction and best entrances points(BUYSELL)There are 2 most possible setups for EURUSD trade in daily timeframe according to fibo levels.
first scenario is sell after falling under the oriented trendline after valid descending engulfing(or your favourite signal),
and the second scenario is buy trade if the price breaks up the fibo level(0.236) plus valid ascending engulfing (or your favourite signal),
the TPs are spotted on the chart and SLs must be according to your strategy(like previous swing high/low).
welltrade friends!!!
Crypto break before ATHCAPITALCOM:CIX So we did get a double top, and a swift in the momentum, to the upside.
If we take a look at the ATR for each day, we can clearly see that the last 3 days (red dots) we did close red, but also the ATR, did increase, and that kinda intresstring...
What we also can see, is that we got a swing to the upside for 28,63 %, if we look at the (swing number one) that was an 28,28% swing, after that we got a downswing for 21,95 %, and after that 12 days consolidation, before going even lower.
Will we find support at the green box, consolidate for some days, and get a new swing low, before moving up to ATH?
BTC 51k or 71k?BTC is currently trading in an ascending channel. It was rejected at the top and fell down to the 55ema support. Will this support hold and push it to new highs or will it fail and retrace to the 51k area?
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
CHFJPY ARE WE TRAPPED Observation ;
from what we see the price is biased on sells on the 4 HR time frame . this is clear as we are biased on our sells
Observation 2 ;
we clearly can see the price action is reacting on the dynamic resistance zone . this is also a good sign that we are still biased on our sells as we see large amounts of wick around that zone . consequently as a trading rule always look on the left as we use that data to help us solidify our point of trade entries .
3rd observation
we do notice that it was a previous resistance zone .On the bottom side we do notice the presence of triple bottom along our support zone . currently it is clear that our price action is trapped .
What next ?
Our best move is to wait the price to show signs of breaking out of this particular zone so that we have a concise biasness on the direction .
but here is the catch we will keep the 4HRS timeframe to watch the close of the candles
with an aim of catching one that closes out of this zone . the we can go to the lower time frames for a clear entry .
AUDUSD Short to possible longAfter seeing a glance at my explanation of the Ichimoku Strategy and using AUDUSD in there, I noticed a perfect short setup and a possible reversal. I will allow the drawn up picture do most of the talking Right now we can see a reversal on the four hour chart and the currency pair is climbing back up to satisfy the Fib chart Retracement. This also coincides with the parallel lines drawn on the chart. As shown its been reversing up, tapping the top line then turning down to the bottom line. If it decides to reverse upon entering the circle, we should see a nice drop down to 0.72000 this number being the max and a possible two day hold.
However on a day chart, a possible reversal could occur as its showing a up trend pattern. While the week chart shows a chance of it heading into a down trend as well and a month chart showing a nice sign of a down turn and going into a short.
Beautiful Channel!Money Makers!
GE has been trading in a horizontal channel for a very long time. It recently was rejected from moving higher and is currently attempting to bounce off the 50 EMA. If the 50 EMA fails we can expect it to move lower to retest the bottom of the channel again.
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It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.