DWARKESH:TRENDLINE BREAKOUTNSE:DWARKESH has broken Trendline. Let's see if the breakout sustains at the end of the day.
Trendlinebreaks
$EXR longAs you can see on the chart - when the price re-tests the broken trendline I'll enter the market. Seeing an upside potential. Good trades, folks. ;)
$RIO long ⚠Let's see if this trendline and the fib retracement supports the price enough. ;) If you have any questions - feel free to use the comment section below. Good trades, folks!
GANDHITUBE : Trendline BreakoutGANDHITUBE : Beautiful Trendline Breakout + Retest Done
Stock ready to Fly
Good Swing trade possibilities
Trading Trendline Breaks Price closed above trend line.
Price retested level with a price action signal (engulfing candlestick).
Enter at the retest of trendline.
Take Profit At A Previous Swing High.
HOW-TO: Use Trend Lines Pro indicator- Part IHello All,
This video was made to show how to use Trend Lines Pro indicator and options in it are explained. If you have questions please drop a comment under the video.
Thank you for watching it!
Enjoy!
HERO LONG!After breaking the down trend and retesting it, 12 cents is a good entry point to go long. TP at 0.17 and good luck 🤞🏻
How much candle chopping is too much when drawing trendlines?It's all about context, and a lot of it is luck.
When did you see the chart first? How you see it when you open it can do a lot to effect your long vs short bias.
If you happened to be looking at the chart after the extra stuff was formed, but before the eventual break, you probably have no problem getting long by chopping off the tops.
If you were looking at it from the opening bell you might have had more trouble, as price appeared to be doing a lot of chopping and offered several false moves. Using structure from the higher time frames gives you a clearer picture of the markets intentions.
This is only one way to capture a portion of the market's movement. There are many, many ways of looking at it with a different strategy for every angle.
EURJPY ForecastAll analysis is on the chart.
This is merely a forecast and nothing more.
My prediction in my own opinion of what may happen in the coming week(s).
US-DOLLAR FALL DOWN NEAR 91.47 as DEMAND.The DXY is making amazing and now it's going to make somthing else.
The currency will fall down a little bit at or near 91.47 to complete it's natural things.
After little drop down, what will happen is another amazing and beautiful BID price Increasement.
USDCHF - EASY Trading Setup - Trendline BreakHi Traders!
The price is moving in a range - or it just hasn't a clear trend.
As you can see the price reached the Support below at 0.96400.
After that it rallyed towards the Resistance at 0.97300.
It was moving around there a bit and that's when the Trendline occured.
This trendline finally got broken.
Now we are trading because the Break is our entry trigger.
The SL is above the strong Resistance
and the TP is at the next Support.
We recommend to close the trade when bullish power comes in.
Thanks and successful Trading :)!
GbpUsd Short on trendline broken ??Reason to Short
1) Downtrend
2) Wedge pattern = weak buying
3) Trendline broken
Shorted
CADJPY SELLSell opportunity was created when TL broke to the downside, currently exceeded 50% retracement level, waiting for price action signal in 30min and 15min timeframe before going short on this pair.
Previous Lows in Jeopardy for ETHSomeone requested ETHUSD... here is what I am seeing.
As internal momentum for trend is measured with the ADX indicator, the latest price move to the upside was on falling momentum. This divergence should help bring selling interest along the bearish trend line that is being tested at the moment. A move back to the 61.8% level is imminent and the price should shove right through that and move back to the previous low (and most likely make a new low)
The only thing to negate this call is for the price to breach the bearish trend line to the upside and then re-test that line as support with backed momentum for the change in trend. Otherwise, wait for lows!
Any questions let me know.
