Hi pips hunter, i'm glad you all made a profitable setup last week. I'm using fibo line to get price pattern range area (reversal / continuous), I find out that the price is on reversal range. H1 shows there's a reversal pattern ( QM ) at SNR. The price haven't break the resistant line (QM head) yet. If the price react with the parallel channel , price may...
hello traders Bitcoin correction completed, a bearish impulse wave may start from here to break the bottoms
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Pound-sterling is struggling to break it's MA100! If it does so, there MA25 might be a perfect dynamic level for responds of the pair. MA25 might be a good dynamic level for short trades too! So I'll just take this pair under observations and I will not trader until the yellow box is broken. Both green and red levels are strong. The red line is aggregation of...
A correction or a reversal? Actually, I don't care! Only thing which matter is the fact that it's a chance to trade! There might be more continuation in HTF or there might a total reversal but I see high probabilities that this Support level work here. TP1 is dynamic levels ( MA100 or MA25) and the TP2 is the bearish OB.
Critical position on AUDCAD. the trend is actually bullish but instead we shorted. why? because, mitigation on the recent supply zone is stronger compared to the buyer side. alternatively, the formation is also divergent by RSI as well as AO. most of the time, you will see when a higher high is form there is a new trend to the upside but at some conjunction...
USDCHF is strongly bearish! But you could wait for a retest or something like that! Bias in short-term is great for the sellers but in longer terms, Bears are just slightly stronger.
1) Dominant break sell in 4h Timeframe 2) Fibonacci 2nd level in the same zone as SnR and (demande area 1) There is a good chance that price will do pullback or reverse
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hello traders I saw this scenario happen. It happens a lot in the markets where we have a support and resistance area, then we get a false break and the price goes up and the process of accumulation begins after that, the liquidity is expelled and the price retests the support area and rises strongly You can see a similar opportunity I shared before on the usd...
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1 divergence detected in 1h timeframe 2 dominant break sell in 30 min timeframe 3 Fib lvl close to previous supply and demand 4 fib lvl and supply and demand close to aupport and resistance 2 possible entries where price will do a reversal or pullback