EURUSD interesting analysis that I was able to take while sleeping with a limit order it was really very accurate I think that one of the things that helped me was the use of a vpn at 2 ms speed
Takeprofit
COST, Bearish Quasimodo pattern is beautifully forming !COST is showing nicely a very popular price action Quasimodo pattern .
Quasimodo pattern is also called Over-Under pattern. It is simply formed by series of Highs and lows as shown on the chart.
Sell zone (568-571 USD) was shown on the chart for COST. In addition to strong static resistance of pattern we also have 0.786 Retracement level of the last major decline in this zone. Moreover, Pull back to broken up trend line might be completed at mentioned Sell zone.
It is also worth to note, All indicators will be extremely overbought if COST can reach to shown sell zone.
As Quasimodo pattern has been proved to be of high probability success , we certainly keep COST in our short watch list but do not jump into trade blindly. As always we need a reversal trigger at sell zone to open our position . Take profit targets are also shown on the chart by green lines.
The reference of the inserted picture was shown on the chart . You can find many other pics and examples simply by googling " Quasimodo pattern ".
Good luck everybody.
GBPUSD has broken out as predictedGBPUSD has dropped from resistance on 4hr, giving me a 90 pip drop from entry, booked profits leaving runners to next zone
short trade opportunity on BTCAfter the CPI data publications BTC returning to its previous price range trading in low volumes and small price changes. This price instability can be premonition of a possible continuation of the downtrend momentum. Based on Fibonacci Extension, traders may look for further downside potential, thus aiming to lower price levels before CPI announcement. For these reasons, we suggest the following:
ENTRY PRICE: $19952
1^TARGET PRICE: $19193
2^TARGET PRICE: $18767
Bitcoin support/resistance levels and zones in daily timeframeBitcoin is in a decisional zone and as show in the chart, the main supply and demand zones in daily timeframe are 17600 as support and 24260 as resistance . these zones are accompanies with a " Price Inefficiency " or as you might have heard " Fair Value Gap ". please refer to the ideas chart to check the zones.
basically waiting for each of these zones to be broken and to be accompanied with a pullback to that zone is the most logical strategy at the time being. the zone which is broken can also work as a stoploss in case of an entry.
for the sake of listing a possible strategy:
wait for the any of the above mentioned zones to be broken with a candle body not a shadow.
wait for the pullback for entry.
set a stop loss on top of the broken zone in case of a short position or on the bottom of the broken zone in case of a long position.
calculate you position volume based on the stop loss and your risk tolerance.
having a clear strategy and patience is the key to the game.
LOOM/BUSD "Gave signal and 50%up" Hi guys , yesterday I gave signal for BINANCE:LOOMBUSD
And today I went up to 50% , you can go to my profile and confirm all previous signals
Vidt/usdt : 26% profit
Fida/usdt : 30%
Just in less than a week , please like my post and follow me , thanks 😊
VIDT/USDT, I did post about VIDT 2H ago
Hi guys , go to my profile and check out my previous post about 2 hours ago , 26% gains
Entry was at 0.285$
Please follow me and give a like , thanks
One: What to expect!?$ONE started to correct 3 days ago; now it’s at $0.03, a nice level to open long trades for a possible 92% relief rally.
A further fall near the green area is likely to occur before.
But a valid break below this changes the bullish sentiment.
CADJPY hitted TAKE PROFITI posted an analysis on CADJPY yesterday and today it has gotten to my TP.
Kindly click on the follow button on my profile so you can be updated everyday on my setups from Tuesday-Thursday only.
Thanks
BITCOIN, NEXT MOVEHi guys, I hope you are doing well wherever you are.
If you found my idea useful share it with your friends please, thanks and let's go.
I think price will fall to next support line which is about 22400-21300 USDT, Then it can increase to local ATH around 23600-24600 USDT and .
If it happens we could think about breaking local ATH zone and higher price which it could be around 27000 USDT and even more.
This analyze is just my personal opinion about the BTC chart nothing more nothing less, SO DO CARE ABOUT YOUR MONEY AND YOUR TIME!
DO NOT FORGET ABOUT LIKE AND COMMENT PLEASE!
BROS, Beautiful short setup ! BROS is offering a low risk short setup !
We previously discussed BROS in terms of Elliott waves and made a nice profit form latest major down going wave (See related idea ) . Here we are going to investigate the stock in terms of Price Action.
After major decline and gap down after disappointing earning , BROS made a nice pull back to broken strong support . This former support played it's role as strong resistance and pushed the stock back down. After finding a new support BROS tried to go up but faced another strong static resistance which beautifully coincides with 0.618 Retracement level of last minor decline.
At the resistance , we have two doji candles and today we have strong bearish candle which is our confirmation candle . Moreover, Hourly up trend line is now broken by the power of this strong bearish candle. In addition, Stochastic indicator made a bearish reversal in overbought zone which is another bearish sign.
In despite of all these bearish signals, trade may not proceed in our side therefore, setting stop loss is necessary. All the trade information are presented in the chart.
I Hope you enjoy this trade set up and wish all huge profits.
Take your profit here all the trade i do i go without stop loss cause i know when the market tells me it's time to take the profit everyday every minut the candles and chart tells a story a story where to entre and an indice tells you when you have to go out .
i choosed 1079.33 cause 60% the market will go down again at this point
3 types of targets/take profitsGreetings,
watch this video to learn how to find potential targets for your trade ideas. finding valid targets is very crucial for understanding areas where the market is likely to go.
ENJOY!!!
PDS $ ALERT Tuesday we need to hold above our current support the 57$+, and above our EMA, to confirm the reversal and continue to go to test the Resistant at 120$,
if we didn't hold above the 57$ support , we will be still in bullish trend as long as we hold above our ascending line which is above the 45$.
INDO $ Bottom Areawe broke our triangle down , however we seeing a strong buying pressure above our current support the 6$,now we going to retest our Resistant around the 9.455$, and if we got rejected, we will continue to go down to retest the support 6$, and if we did't hold, we will see the price go to the bottom price level for this year above the 3.40$.
and if over come the resistant 9.45, we will see a reversal in the bearish trend , and the 6$+ will be confirmed bottom for this year .
AMEX:INDO
MATIC- Taking some ProfitMATIC might be taking a break for the moment as we see resistance and a drop to 0.45 is more possible.
NEWS:
Polygon’s native MATIC tokens surged 25% in 24 hours as its development team launched a product for allowing more private voting in decentralized autonomous organizations (DAOs).
MATIC traded at more than 50 cents in European hours Thursday, up from 40 cents early Wednesday, hitting resistance at those levels. The tokens could surge to the 58-cent level if buying demand persists.
Great news, great project but our charts says 'take profit' and buy again a bit lower or higher over the reisstance.
One Love,
the FXPROFESSOR
Short Sol till $4Sol is gonna hit that Monthly FVG, price ranging around $5-$4 and can even go beyond that.
There might be some retracement before it goes further down, know when to put your trade setup.
Take profit 1 now. Big profit for shortAlway true. Bitcoin on my way. You need take profit target 1 now on $27300. I have big take profit 350BTC ~$10M. Don’t lose your money for whale. Bitcoin can pump to kill so i take profit and you need to do that. Update for June 12. We got $3000 price for 2 day. Look my previous post.
MULN Bullish Run If...yesterday we tested our resistant at 1.55$ and got rejected, now the premarket testing again this resistant, the one signal for the price going again around the 2$, is breaking the 1.55$, and holding/ consolidating above , which will confirm the bullish momentum to take us to test first around the 1.90$ then the 2.16$, where we going to see another squeeze foe the price if we broke it .
if we opened the market and didn't clear this resist at 1.55$ , we might see the price going back to test the support above the 1.25$, and we need to hold above this support to confirm the bullish momentum, and not having a sell off.
1.0500 has been found on EUR/USD...Prior chart:
We recently broke down this pair at the zone just above 1.0850 with anticipations of nearly a 400 pip move down to 1.0500 which has now been precisely met.
The dollar strength is still showing strength and this could continue in the coming weeks. Further dollar news is coming in this afternoon so make sure you trade safe.
Dogecoin LongDogecoin
4 hour chart
Pattern: Descending Triangle
Enter Trade: Now
Price Target: $0.1950 - $0.2150
Stop Loss: $0.1195 - $0.1060
Take Profit Targets:
- $0.1540
- $0.1650
- $0.1830
Take profit signal on ETHBTCA take profit signal has opened up on ETHBTC. If you had entered the position on the previous buy signal then here is a good place to take a percentage of that position into profit. How much depends on your personal risk profile. It is worth noting that BTC is also on a sell signal against USD so moving straight to USD might a strategy worth thinking about.
