IOTEX short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Trendtrader
Now make 10% profit on GHSTUSDhi every one
complete pullback to the trendline with 10% profit Potential
The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisio
Potential long for US100 Price has potential for the upside on the retest of the broken high and recent formed low. Wait for lower timeframe confirmation to confirm the move.
📈 9 Ways To Identify an Uptrend📍 What Is an Uptrend?
An uptrend describes the price movement of a financial asset when the overall direction is upward. In an uptrend, each successive peak and trough is higher than the ones found earlier in the trend. The uptrend is therefore composed of higher swing lows and higher swing highs. As long as the price is making these higher swing lows and higher swing highs, the uptrend is considered intact.
Some market participants only choose to trade during uptrends. These "long" trend traders utilize various strategies to take advantage of the tendency for the price to make higher highs and higher lows.
💥Important thinks to note
🔹Uptrends are characterized by higher peaks and troughs over time and imply bullish sentiment among investors.
🔹A change in trend is fueled by a change in the supply of stocks investors want to buy compared with the supply of available shares in the market.
🔹Uptrends are often coincidental with positive changes in the factors that surround the security, whether macroeconomic or specifically associated with a company's business model.
👤 @AlgoBuddy
📅 Daily Ideas about market update, psychology & indicators
❤️ If you appreciate our work, please like, comment and follow ❤️
EURUSD BOUNCE ON RESISTANCE ?As we seen the price already achieved at the level where the daily confirmation given, Thus it just needed more confirmation on the lowest timeframe to be looking for. Several news about JOLTS Opening and NFP will be decide the movement of USD. Happy trading for this week. CHEERS!!
AUDUSD, Yeah! She is trendingAUDUSD just made a new lower low. Thats inviting. I'm setting myself up to take another sell on her.
I discuss the details in the video.
Today, I'm going live at 1:00 pm EST. If you can't make it be sure to catch the replay.
I'll be chatting on how to analyze your currency pair for trading success.
I hope to see you there.
-Shaquan
GBPJPY BullishPrice strucuter is uptrend, where the price managed to break above daily support level.
The price then retraced and retested the support level which is also 50% of fibonacci retracement level.
4h the price closed with bullish engulfing candle which indicates continuation of the uptrend.
Could we be headed to .90 MATIC/USD (polygon) ?
Polygon's Layer 2 solution is becoming increasingly important for Solana developers seeking to connect with Ethereum's DeFi ecosystem. The fast and cost-effective integration options offered by Polygon are driving greater cross-chain interoperability and connectivity. #Polygon #Solana #Ethereum #DeFi"
USDJPY Soaring higherThis is the perfect time to update my chart after coming off of a USDJPY winner.
Price is in an uptrend. Notice how the exchange rates are increasing at each high and low. No trend lines or support and resistance are needed to identify trends but if thats your thing go for it!
So to get back into the trade I'm setting a buy limit order.
A buy limit is a pending order set above the buy price that will be triggered in automatically.
Why I'm setting a limit order?
Simple, I don't know if I'll be at my computer to input the trade in manually and i find setting limit orders help me take the emotions out of my trade.
If I'm stopped out I'm ok because I always place my stop and have parameters that tell me what to do next.
I don't know who today's candle will close and if I'll be triggered into the trade, but at least it's setup, right?
Do you trade this pair? Are you setup for the next trade?
USDJPY | A Pullback Before The Sell-offThis analysis is based on the fact I'm a trend follower.
The setup of this pair is as simple as it can get. The first thing to notice is the ease of identifying the price in a downtrend. Secondly, the estimation zone can easily be plotted. Finally, there is no confusion about what price is done on the weekly or daily timeframe. This is what I love about the potential of placing a pending order(sell limit) on this pair. I'm aware that I am waiting for a pullback up to 131.829. The range price can push into is between 131.829 as high as 134.773. At 131.829 I am fighting for the best price.
My stop loss will be 134.773, and my take profit will be low from where the price will pullback. I don't see evidence of a pullback right now, so I'll wait to confirm my take-profit price. Assuming price may pullback from here my risk to reward on this trade idea is 1.64.
However, this is what a simple technical analysis looks like. At least, for my sake.
What is your take on this pair? I'd love to view your take on this currency pair. 😍
*These are my personal views. Please trade your views at your own risk.
The Bitcoin Breakdown of the downtrend. A NEW BULLRUN?The BTC price have been in a downtrend since its peak, early November 2021 at a price high shy of $70,000 US Dollars.
Since, price had decreased 50% plus to a local bottom around $33,000 US Dollars, Late January 2022. Followed by a relief
rally with a peak around $48,000 US Dollars, Late March. For then continue its downtrend to the support area around
the $18,000 US Dollars (that just around the price peak of late 2017). Recently, this month the price made a break of the
downtrend channel form by this price peaks/bottoms since November 2021. This break can be observe around the price of $19,300 US Dollars.