(invest Time!) Zen preapare for a big move (+500%)%))BINANCE:ZENBTC is again in a lowest price, It prepare for another try to break trend line, We can expect big moves and break trend line in Alt season.
Trade at your own RISK
Be Patient
Zentrading
Continue the buyingpricing might retrace to 1786 before the bullish trend continue. keep an eye on the movement as it's moving within the channel for 1.5months.
should stop buying once the channel is broken
$ 30 / 300 pip to goprice rejection on the 4hr channel support. As long as the structure intact, keep long position until PT hit.
Opportunity to Buy Buying momentum resume after the retest of previous resistance, and clearly to see that it fail to break lower and get back into the range.
1st TP 0.7
$13 to go within 1 daily ATRFinally after ranging for so many days, Can gold reach TP by today 1800-1810? with the continuously buying momentum, Yes maybe . Wish to see that .
Are we on the same page ?
Opportunity to BuyPrice take off from range support/ June support it's a good opportunity to buy with 2xRRR (tho Price is still trades inside the range)
with 100 pip PT (0.6534) and 50 pip SL.
Gold is it too high to buy now?looks like the price find a support for the meantime, call to buy @1761.
TP 1810
Best Time to ShortLook at a few price rejection on 4hr chart, I will take a short position
Sell at Market
Stop Loss - 0.6517
PT - TBC
Hit the like button if you have the same thought
Oh btw , recent structure still intact , no higher high forms. thus continue to sell until price break above and form a higher high
AUDUSD trending downdowntrend still intact until high high is form thus looking to sell with 10x RRR
GBPUSD Sell at Price Rejection
Once again waiting the Pairing to test short term resistance area once again.
Short when price rejection happen in this range 1.2450 - 1.2500. Wait for the candle to close to confirm the entry .
Otherwise price may then trending up. Therefore in either way, SL is a must.
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EURUSD Sell at Price RejectionWaiting the Pairing to test short term resistance area once again.
Short when price rejection happen in this range 1.1220 - 1.1260. Wait for the candle to close to confirm the entry .
Otherwise price may then trending up. Therefore in either way, SL is a must.
Hit the like button if you think the same =)
5 times RRR setup - Sell at retestFinally a clear Lower Low Lower High structure form at 4hrs chart. Short the market when price fail to break above dotted line . Best to sell at price rejection (when price pierce through and close below)
TP 1.23465
SL - 30pip above the dotted line / 5 pip above the tail of price rejection candle
6.5 times RRR Setup - To Sell at retest Same as GBPUSD, Finally a clear Lower Low Lower High structure form at 4hrs chart.
Short the market when price fail to break and close above dotted line . Best to sell at price rejection (when price pierce through and close below)
TP 1.0996
SL - 30pip above the dotted line / 5 pip above the tail of price rejection candle
EURUSD - ShortShort at market price - 1.1235
SL 1.1257
TP 1.0996
fail to trend upward after price rejection from the short term support line (it's bull trap), anticipating price to break below
ZENBTC forming a perfect Cup & Handle Longing it from 8866-8867, STOP-LOSS 1D candle close below 8866
USDPLN - Short breakout setup - 1HRAfter a very profitable long trade on the hourly chart I’m now facing a short setup. The higher timeframes are alls till in bullish territory, but they also show some solid bearish divergence.
The hourly chart is trading below MTFA resistance, which seems to be rejecting the price at its current level. The CMF is showing bearish divergence and is currently still negative. No divergence shown by the RSX on this timeframe though..
The first MTFA support is a good few pips away, and reaching that may be a bit far fetched, but we’ll have to see how it plays out. Trail the stop loss with the green dots, and watch for overextension signals.. You know the drill ;)
There are no certainties in trading, and it’s very possible that we’ll see some ranging before price decides to break down (or up for that matter, as the higher timeframes are still bullish). If the indicator cancels the short setup I’ll cancel the entry order and re-evaluate. Here again, I’d rather be late to the party than end up at the wrong house..
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LTCUSD - Short breakout setup - 1HR Litecoin failed to follow through on the bullish breakout, just like bitcoin. And again just like bitcoin, we’re stuck between 2 MTFA levels: 45.2 and 40.8.
Selling pressure has taken control as the CMF has turned negative, and the indicator has plotted a short setup. In this case I’m ignoring the breakout level shown by the indicator, but placing the entry order below the MTFA support.
The target is the next MTFA level at 33.9, take partial profits here and tighten the stop.
If you find this useful, like and subscribe to get notified of updates and new ideas
If you want to tryout the indicators and strategy, follow and pm me and I’ll get you set up.
Stay calm, and happy trading!
