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TRB trend lines and fib levels#TRB/USDT $TRB touched 0.5 fib level of weekly swing down and dropped to support zone which is the same with support zone around $20. 🐮 holding above this support zone, and after several days of sideways move between $30 and $20, it can head up to descending trend line which is the same with 0.5 fib level again. break out from this level will increase price to resistance zone around $60. 🐻 breaking down from support zone will drop price to descending support around $3!!
Long
by parissap
4
GOLD - TRADERS WHO USE TRENDLINE, WHERE YOU GUYS AT?BUY POSITION ON GOLD I have seen this setup with the help of RSI, Trendline, and as well as Multi-TF Analysis. We have seen the price has bounced off on 1730 key support level yesterday and we took advantage of the bounce play in which we've made 100+ pips. I have put the SL just below the trendline in case price makes a u-turn. This is a quick play since my overall bias with gold is still bearish. TP on the retest of our 200EMA (our indicator for long term trend) 1.21RR
OANDA:XAUUSDLong
by JuanCrlsTrades
TRENDLINE TRADING | Advanced trading lesson Hello traders 👋 Today im sharing my trading strategy with trendlines. It's my first education post, so maybe a lot of mistakes. Please don't take it the wrong way, thank you. Let's talk about lesson What are Trend lines? Trend lines are diagonal lines that are drawn on charts in the financial markets trading. Trend lines are used to highlight , visualize , and make price action easier to analyze on different instruments and assets in the financial market. How to trade And Use Trend Lines + basic supports. 1. Wait for touch ⌛ When drawing a trendline, the first thing price is check the three times or more. If the price is not checked three times or less, can't draw trendline. 2. Draw ✏️ To draw a trend line, you must choose a time frame. I'm use always bigger than 1 hour timeframe . This is because you want to find the price action for a longer period and not just some light movement. 3. The Basics of Support and Resistance + key levels ✔️ When trading with trend lines, the concept is applied in order to maximise the chances of winning trades. 4. Looking for entry + risk management 💰 Always wait for confirm example; trend line break + price making lower low + pullback + add indicators 🤲 If you like my strategy, Please like and comments. 🤲 Thank you!
Education
by YertuntsTrader
8
BTC SHORT 4HHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving in the uptrend channel. Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,345, if the support breaks down, the next support is $ 22,034, $ 21,798 and $ 21,494. Now let's move from the resistance line as you can see the first resistance is $ 22,925, if you can break it the next resistance will be $ 23,539 and $ 24,250. Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy has been used, and the MACD indicator shows that we are in a local uptrend.
Short
by cryptodailyuk
3
MATICUSDT trend analysis and potential movementAfter breaking the weekly downtrend (the grey one), MATIC managed to reach the $1 resistance zone with a strong move. Even though it was not quite able to touch $1 and started a correction, I think we are going to see another try to reach there next week. If you ask how long the current correction can continue, I think it is bound to fall a little more with the break of the 4-hour orange trendline, but this will not last long and the price may start to move up again around $0.72. DO YOUR OWN ANALYSIS. DO NOT FORGET MONEY MANAGEMENT. You might also like: - Trend Key Points Indicator have been used to draw important key levels and key points. - You can use Big Moves Indicator to be aware of major moves on the chart by marking them and getting alert for them.
M
by bhnmzm
BITCOIN long position 🚀Hello 🐋 Based on the chart, the price is close to important support area and the green trend lines that act as a support for the price ✔️ if the price does not break the green trend line to the downside, we will see more gain to the upside from our support area like the chart at least to the first resistance are on the chart 📖🚀 our important support areas are $19700 and $18700 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BITSTAMP:BTCUSDLong
by MadWhale
11
Silver CFD Analyzehello everyone i think we reach to 38.2% fibo level and also a trendline. we see two candlestick patterns too. one bullish engulfing pattern and one morning star pattern. so maybe we could grow to 200MA and then correct again. if you open a position dont forget too set your SL under this trendline and early bottom u see in chart. (!!!NOTE!!! my posts are just my own opinion and you must trade and invest in your own strategy. be careful and protect your capital first.) thank you all for your supports
TVC:SILVERLong
by TraderAmin-KZ
JICPT| HSI Bullish pullback setup on the dailyHello everyone. It's been days to revisit of Hang Seng index. On the daily chart, we can clearly see that downtrend has been terminated with serious of higher highs and higher lows. As HSI has been down for almost 3 year, it is probably the worst performing stock index in the market. An economic recovery of mainland, as well as inspection completion of the tech giants may attract buyers come in. The valuation looks really attractive. In addition, mean reversion is another reason that I'm bullion on the index. Technically, index may revisit the uptrend line which is coincided with a nice demand zone. What do you think? Give me a like if you're with me.
TVC:HSILong
by JICPT
[H4 Signal] ETHUSDT - Consolidation Technical ReversalBINANCE:ETHUSDT Timeframe: H4 Direction: Long Technical Confluences for Trade: - Price action at Multi-Year Horizontal Support Trendline - Stochastic Oversold momentum - Widening of the EMAs - Fib Channel shows Price action at 0.786 Channel level Suggested Trade: Entry @ Area of Interest 1400 - 1500 SL: 1371 TP1: 1680 (move SL to Entry level once TP1 is achieved) TP2: 2000 RR: Approx. 5.69 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Long
by weekendanalyst
[Signal] EURJPY: Safe Haven PlayFX:EURJPY Timeframe: H1 Direction: Short Technical Confluences for Trade: - Price action at Resistance of Ascending Channel - Stochastic Overbought momentum - Widening of the EMAs Fundamental Confluences for Trade: - There is some risk with EUR spiking higher due to the rising inflation situation in Europe but at the same time, global inflation pressure is starting to leave a drag on growth. Risk assets may continue to take a beating and may see some safe haven plays. - Inflationary pressure is starting to pick up in Japan; may see a change in BOJ's monetary stance (reducing the yield differential between the US and Japan) Suggested Trade: Entry @ Area of Interest 139.70 - 140.50 SL: 140.92 TP1: 139.25 (move SL to Entry level once TP1 is achieved) TP2: 137.85 RR: Approx. 3.30 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Short
by weekendanalyst
EURGBP Buy!Hey traders, Just wanted to let you know I am bout to post some setups, since some of you requested it :) Keep in mind, this is not my GOLDEN strategy. Let's see if things work out correctly on EURGBP long. Daily/weekly charts are in consolidation areas, while the 4H states an upward direction. Always trade according the trend. If you like the input, don't forget to comment, follow or anything. If you feel not comfortable with this, that's totally okay. Wish you guys all the best at trading! Entry 0.84958 Exit: 0.84858 TP: 0.85849 SL = 10 pips TP = 89 pips. 1.8 R:R.
Long
by GoodGuss
CME gap 9 may 2022Hello friends. are you okay? thanks god... because crypto market open green in monday we can still see it bullish for mid time. and we have some factors that show this opinion and strenghen our analyze lets look at them : 1-we can see two important levels of fibo retracement around CME gap. these levels are 38.2% and 61.8%. so we have an overlap area here. 2-we have a gap in CME from 9 may 2022. because of weak momentum market couldnt fill it until now. but if we breakout this pattern that i illustrate in chart we can fill it! 3-we have an old trendline that can be act as an resistance level there. 4-moving average 55 is here just around levels that cme gap occured. 5-and in the end i see increase in volumes in lower levels of this pattern and it could be showing that we have good supports in this levels. . . . dont forget to manage your capital and risk. . . . if you take a trade you must set a good stoploss. (NOTE!!! this article is my own opinion and its not a trade advice. please tarde on your own opinion and use others opinion to improve your analyze.) . . . so i will do that.please support me and i wish use your experience and you can help me to improve my abilities. thank you all.have good days.
CME:BTC1!Long
by TraderAmin-KZ