daily still downtrend. im still looking for sell near resistance untill the price reach qml on h4 (engulfing on daily) this is only my own preference. share you thought below.. thank you
Potential Sell Setup on H1 timeframe after secret pattern was formed. Trade at your own risk. 1953.396 - Sharp Entry 1952.283 - 50% Entry 1951.145 - Early Entry Sell Zone 1951.14 - 1953.39 Suitable SL : 50pips TP 1:2 Risk Reward: 100pips
The price currently had breakout from current trendline. and now price is doing the retracement,, price have higher probability in daily to bullish trending.
gbpcad is still moving in a downtrendline, it can be seen that gbpcad formed a lower low than before and there is a fresh supply area, I think this will be a good sell area
Here you can see existence of GBPUSD buyers. enter LONG position. You can wait for confirmation in lower timeframes.
There's a big possibility that the MANA is going to lean on .985 on the first week of MARCH
EUGBP is retesting a major SNR level which might act as resistance and push the price down do the qm area below or we can see a strong break to the upside and a Buying opportunity upon retest around 0.8375
BNB has reached a strong support level which created the previous upward trend we can anticipate a bounce or reversal till the resistance level above. I will be looking for a Buying opportunity around 345 area.
Two channels are perfectly seen in the chart! An ascending in green and a descending in red! Regarding the static levels we are far from the strong support and almost close to a seller activity level. Also the midline of the newly formed uptrend channel does not seem very strong and we can’t trade based on it. At the same time, The Bearish mid-term channel is...
The main level is broken and retested. LR channel is broken too. The yellow ascending line is broken. So, enter short position by touching the entry point or around the S & R level. Take profits at levels. Have fun.
Hello :D Price have create a Higher Highs and followed by Lower Lows on H1. Currently there is two time prices rejection on SBR Zone (0.358 FIB Level). Which is right below Supply Zone around 2.6300 $. This also show there is Liquidity Pool between that area. The Possible Exit is at: - Minimum Exit : 2.3000$ (1.618 Fibs) -Target Exit Zone : 2.0830$ (2.618...
Price broke Daily Trendline to the upside, and retracing near Daily Trendline. Parallel Channel adds more confluence to suggest a potential test on the lower Channel before rallying.
My TA analysis for next week. Daily Timeframes : BULLISH. Current Direction of market is BEARISH. (short term) Chart Pattern : QMP Setup (Sell) + QMP Setup (BUY) On this BIG Ranging. At Current setup is still bearish movement because price have break 2 H1 SUPPORT. For next week, watch what pattern form on lower timeframe (M15,M30,H1) at H1 Support....
Here is my idea by using SNR and SND. (Only fresh break) Chart Pattern : Possible Head and Shoulder (HNS) If there is Double bottom formed on H1 for today then HNS is Possible targeting Resistance zone around 1806.00. Which also there is Supply order block. If the Supply exceed the demand in the zone then the next target possibly back to previous BUY...
This is an intersting POI. A fresh demand level with inducement level.
Base on SNR at H$ i will go for long. Break the SNR will continue to bottom good luck
Focus on the Long before Short . Let's monitor the price action once it retrace at the line (head and shoulder & manipulation level) that i mark . Mind our risk first & goodluck !