Price has approached the weekly support {the white line}. We can also see clear divergence on 4H with Stochastics oversold. It's better to wait for the price to touch the white line but I am going long right now with a small lot. Good luck!
Price is bearish over the last 10 days so I was looking to short EUR/CHF. The first trade was not a bad trade but I could've been more patient and entered risk where I originally planned to enter risk, on a break of 15m lows, around the 1.06400 area. The second trade was a better trade since I waited to enter risk when price reached this 1.06400 price level at 15m lows.
Broken Falling Wedge and start go up Let's Gooooooooooooooooooooooooooooo :)))))
1292 and above bullish and anything less will be looking bearish towards 1250-1240.
Are you a bull or a bear? It doesn't matter much here to be honest. This one isn't hard. The resistance and support areas for BTC are obvious. Are you a bull and you think BTC is going back to 20k and than 50k or maybe up to 250k? Maybe someday it will... But even if BTC found it's bottom and we are now in uptrend it's just very unlikely for the price to sky...
I have here a simple setup using the RSI. If you take a look at the ascending trendline then you'll see that it broke below it and is going for a retest. This does not mean that it's going to be in a downtrend but it will be a small short down to the necklines.
This is is a very simple setup. EUR/USD has been in a channel since February 2019 and it is represented by Yellow trend lines. It also has a nice Inverted hammer on the 4-hour chart. You can look to take profit at the Previous low or at the bottom trend line. If you really want to push it then you can short it to the green trend line below it as that is a very...
GBPNZD oversold and at a solid looking support level. Nice and Simple.
Rejection of the 1.4000 region
I am looking for a buying opportunity at the monthly support on this pair.
Waiting for 4 hour close to retest wedge and head up. Simple risk reward set up, buying the breakout.
Harmonic downtrend (green trendline) since double top in 2013 and 2014; has been trying to find a base in the 40's but is now in the 30's looking for a base. Currently at high for short-term and long-term and has high probability to fall. RSI confirmation @ 65. Historically, RSI here has done well at signaling short entries. SOHU is currently in short-term...
Hi traders, on EURNZD we recently broke into new lows (since mid2015). The next level of daily structure is way down at 145.00 flat. In this case we can see price "free falling" downward, so there's no space for big retracements that allow us to enter the market at good levels. We can see though some simple pattern formations that let the price breathe and give us...
Good evening, trading the trend is simple and there are nearly infinite of Trading chances! Here I've got you a simple option to follow trading the trend and the correction . If you follow the rules which postet in the chart itself it should be possible to make some profits :)