The market has been on the lows for a long time and could never break the weekly support. After a break on the daily discending channel price has moved in a higher low higher high pattern and now testing the resistance structure. If the daily candle will manage to break and close above the structure we can set a nice long order according with our strategy. ...
The market after a long downtrend found a bottom on the weekly support structure. After creating a double bottom on it price has now moved up, cutting the EMA 21 and testing the daily structure in blue. If the market will manage to break and close above it we can look for a nice long order with a first tp around 1.67400 area. ––––– Follow the Shrimp 🦐 Here is...
- Huge Weekly Supporting Trendline - After Selling pressure, the stock entered consolidation zone. - Big volumes came in to this consolidation suggesting that it was accumulation. - Seems to have made the FIRST HIGHER LOW - Observing HIGHs & LOWs on lower Time Frame to time the Entry. - Any dip appears to be a BUY - Buying here could mean buying at the...
A break of this DAILY SUPPORT will indicate a bearish move towards the downside and potentially retest WEEKLY SUPPORT. Wait for a break & retest before entering any SHORT positions.
A bullish ABCD pattern sits on the extreme of the demand zone of this counter-trend trading opportunity. I'm waiting for this candle to close and decide if I'm going to have an aggressive trade on this setup. The final decision will be sent to my community.
A bullish shark may set up for a second chance entry for traders who might just have missed the trade—a 556pips run(link at the bottom). Let us all not overlooked the bullish trendline, if the candle settled, consolidate and reverse at that point is our decision if to engage the trade at that point.
An ABCD pattern retest with HSI Arrow. Trade has engaged and let see how this trade rolls out.
An ABCD pattern completes near the level of the Weekly Support Level, which is also a type2 bullish bat setup. The ABCD pattern engaged as a countertrend trade in view of weaker Yen.
The retest of weekly support, sell volume is basically dead. if Sunday close is somewhere around here the upside would be basically confirmed. Entry: 0.0001493 TP 1: 0.0001617 TP 2: 0.0001718 TP 2: 0.0001820 SL: 0.0001399 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing...
chfusd is currently at weekly support zone (purple), waiting for price to reject and break out of 4hr box (yellow) to go long.
gbpeur has rejected weekly support zone (purple) which was followed by a falling wedge pattern.
gbpcad has rejected major weekly zone (purple) and descending trendline was broken meaning that price went above and beyond in moving up
AUDNZD approaching strong support of 1.0255, ideally BUY positions open from there but daily candle shows a bounce, I'm entering this trade with stops set below 1.0255. Not trading advice* just my own idea of where the market will go. RBNZ rate statement tomorrow could push this up if dovish sentiment from NZD comes through. 50 and 200 day MA still indicate...
CADAUD Broke the weekly support! going to down
- Breakout of the channel on the H1 showing price structure being taken out and supporting this bullish sentiment. - Bullish divergence on the H4 using stochastics implying the bearish momentum coming to a halt and that we are in the mist of seeing a reversal after testing the lows of 1.1450. - Clear rejection of the weekly support level on the D1 with a long...
We have the following factors: Descending triangle Weekly -Pink horizontal line- + Daily Support Zone -Orange Rectangle- + Weekly timeframe is still an uptrend H1 Divergence in OS RSI WAIT FOR.... + H4 downtrend (Green Diagonal Line) + Descending triangle breakout (blue triangle). For a more conservative entry.... Breakout + Pullback + Good PA...