Time to gain back. Chart shows four level TP. Aint going for TP4 anyways, tagged it there for future review. Keep Safe.
Price can either bounce or break through a resistance. I expect a bounce. So that price with dance in range. Creating a better entry point to grind in my LONGs. Hopefully.
Trading within this triangle - It formed a double bottom, broken neckline, re-tested, and still showing bullish tendencies. I look forward to it blasting the triangle up. However I'll take some sip at 1.302- That's over 10% without leverage.
Where to from here?! Long and Short of this, I'll watch it dance No aggression.
Reminder that though BTC is decentralized, price is still controlled, and regulated. Aint no room for some drunk fellow to get everyone confused. Fundamental analysis are paramount also.
Breakout. I'll short on retest. Otherwise, I'll go aggressive, but with a wide SL (RR about 2.5x) ,,of course, depends on what price charts before the breakout.
There are two TP levels; TP1 is safer - more of Throwback price to Throwback. Chart pattern (?Reversal) herein, is somewhat similar to what is progressing on EURUSD, USDDKK, EURHKD. It's tricky. Shine ya' eyes. I used an fx calculator for this-- !! It's palladium not Euro/Usd. That Stop Loss might be more expensive than you thought.
On HTF it looks like bullish flag. Looking forward to which channel will hold So it's best if SL isn't adjusted to tolerate more. Try use reversal patterns for confirmation. All the best!
Slant neckline of Double bottom is broken. Correlate setup with EURHKD The "Trapline" could guide for SL. LONG.
Similarly like the High returns from USDPLN Here is USDDKK also. You might want to use reversal from the trendline for another Entry opportunity. All the best!
BTC Local retracement seen Wait for price to breakout out channel and RETEST $50505 in-view.
Analysis have been highlighted in previous update. This is another entry opportunity to short trade- from the Double Top. Sure it taste sweet. Copy trading / Account management available.
On-going over 18:1 SHORT AJ trade. Soo Long term This doesn't mean I'll be watching LONG consolidations swing away, In fact last week, after SHORT to 78.77 was done, we took some medium term LONG trades. Presently, my concerns are these historical patterns (the circle price areas) ...and then, if this is a SHORT opportunity. >>Notice how price behaves when a...
Copy my trades LIVE to avoid delays. I wont always post set-ups immediately I enter them personally. I wont even post all entries. EURHKD and EURUSD should follow similar. enjoy ps. Send me a message, if you want to copyTrades
MN: Uptrend in bearish correction WK: Bearish correction seen in a falling channel (Channel might turn out as bullish flag) DY: Price at upper border of falling channel H4: Classical bearish divergence seen H1: Double top seen, Neckline broken. SHORT
Already in trade. Entered with breakout of consolidation (circled) High risk trade. Trade may bounce LONG from the upper border of channel. Careful. 1.648 is possible.
RR is about 2.4:1; 5:1 for both set-up Best to set both as different trades. This pattern MAY eventually form an Inverse head and shoulder, before it breakouts to the second set-up. enjoy!
Has earlier proposed - short from that Double Top. Fall can reach 19.9K -evidently below proposed level. Altcoins should fall cold. #ToTheEarth