Price may retrace to 50% of the big bearish bar (Orange line) Wait for a rejection bar at 4H & 1H Find an entry in 15M, TP should be reach to weekly supporting level (Purple Line)
from the chart, we see a beautiful bearish gartley pattern, this pair went down to reach the weekly level support then doing reversal to go up, once the sign has been confirmed, you may find a short position to enter
if we can break 1.25102 and re test will look for buys market kinda going sideways at the moment, so could go either way. not rushing into this
Eurgbp is failing to break lower we don’t have much momentum to go down quite yet as what price is telling us at the moment we have some nice tweezer bottoms forming at the moment now. We are still in a uptrend. I see this pair testing a high resistance level at the 0.93 before we head lower.
Parameters : Position Size : %1 Risk/Reward Ratio : 3.2 Stop-Loss : 13631.53 Goal : 13928.72 NOTE : If it gives opportunity, it can be entered in these parameters above. If everything is ok but we miss this trade, new Goal is : 14610.5 Bad scenario : Stop-Loss Btw Zoom in : Best regards.
This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!!!!!!!!!!
As always we always look left when planning a trade. To the left is a clean candle so if price can break to around 120.500 that would be my entry to plan to go up to 120.550, which could then possibly lead to 120.600-120.620.
Overall move is still bearish. But what we're looking at right here with this mini trendline is confirmation of a continuation to the downside. I only see two possible areas where it can still bounce up before rolling back down as a swing trade. I looks like a possible double bottom formation could happen to create the bottom of a bearish harmonic, then...
Currently, price has the option of supporting or breaking through the counter trendline to determine which daily SR level it will go to. The overall move on the chart is bearish, but do not know how much longer this flag will go. BEAR TPS/b] 0.74605 0.74422 if the counter TR is broken 0.74220 0.73982 BULL TPS: 0.74932 0.75180 0.75267
The price chart for Tesla seems to be stuck in a range ever since price broke the 275.74 level, which had previously acted as resistance and now is support. The current resistance is at the 370.63 level and history shows that whenever price gets stuck in a loop (range), the support normally holds at least for three touches. Hence, now price has actually bounced...
BTCUSD update: Price continues back to the 6K psychological support. As long as price stays above 5750, the bullish impulse structure is still intact. We will continue to evaluate price action around the major support area for stability and a reversal. Earlier today on S.C., we texted a swing trade long idea to our members. Thanks to our simple filtering...