Hi if price backtests demand zone and appears bullish signal, could be bullish engulfing, morning star, hammer...so on entry - demand zone when signal appears SL - lower edge of demand zone which is given on chart can set a bit more space for preventing fake move TP - 20798 It's supposed to be an uptrend parallels channel but faces a bit of selling pressure,...
there is a potential head and shoulders pattern, if right shoulder is formed, price breakout neckline and backtest(orange zone) I'll consider placing bearish order but only if bearish signal appears, could be bearish engulfing, evening star... so on Entry: organeorange SL: right shoulder's H TP: upper edge of demand zone which is at 0.5693 all are personal...
Hi As chart If price breaks out of the below supply zone (red block below) Uptrend has momentum to continue rising But it has possibilities to meet selling pressure since there is a resistance zone that hasn't been successfully broken since 9/22 decline. When price hits the upper supply zone and there is a "clear bearish singal" could be bearish engulfing,...
Hi If gold backtests to the lower demand zone If there is a clear bullish signal, will consider placing long order The entry point and SL are all on the chart If an uptrend pattern is still valid, the previous low should not be broken below can consider pulling a little space lower for preventing a fake move TP about 1:3 all are just personal opinion, not...
entry reason: A bearish reversal signal appeared in LTF after hitting supply zone & failed to break through the previous high Entry point: 0.88165 Stop Loss: The upper edge of supply zone 0.88335 Stop Profit: 0.8774 all are just personal opinion, not investment advice.
Hi EURUSD H2 HTF: Short LTF(Current): Long once it hit upper supply zone (red) which coincidently meets HTF resistance line and bearish signal appears, I'll consider as a potential short position Entry 0.9908 SL:0.9926 TP:0.9834 All are just personal opinion, not investment advice, any suggestions and feedback are welcome!
personally tend to place short position at the higher supply zone (is given on chart) The finance market's volatility also impacts cryptocurrencies e.g., DXY So place orders only if apparent signal appears when price hit supply zone and appears bearish signal then try short position (could be bearish engulfing, evening star...so on) All data are given on...
After retracement, price goes upside and is close to previous H(9/22) but the upward momentum has slowed down and it is close to HTF supply zone( is given on chart) which is also 8 years high If the price goes up to supply zone and bearish signal appears, consider entering the short position SL: 145.8 TP1: 143.03 TP2: 142.60 TP3: upper edge of the demand...
After price plunged, the demand zone is formed price gradually went higher, keep forming LH If continue to go uptrend and hit supply zone which is 0.8743-0.8768 "try short position only if K bars appear bearish signal"(LTH) SL upper edge of SL supply zone TP 0.8654 All are personal opinions, not investment advice, any suggestions and feedback are welcome!
Hi Just share my idea about support and resistance points before CPI announcement not investment advice LTH=H1 HTF=H4 any suggestions and feedback are welcome!
10/3 hit make a HH and then retreated, went down for two days 10/5 went up again but price is under selling pressure when reaeched supply zone haven't broken out supply zone and left upper wicks →supply zone is still valid If the price goes up and hit the supply zone again, LTF also shows a downward signal, I'll do short position for short term RR is also more...
Hi this is my idea about BTC for few days since the August CPI announcement, the percentage of downtrend after important data releases (at least for now) has been getting littler (9/13→August CPI) (9/22→FED Interest rate releasing) (10/7→FED Non-farm Payrolls) ***but the Sep CPI announcement on the coming Thursday should impact prices (just a matter of how...
Hello, this is my thought about ETHUSDT H1 for now overall price looks to be in a triangle pattern (direction isn't clear) since the slumped w high volume on 9/22 touch EQH price will drop, and touch EQL price will go up (at least for now)→ except for sudden news impacts its short-term direction demand & supply zone is given on chart ps: Non-Farm Payroll...
HI. If DOGEUSDT touch supply zone, LTF appears bearish signal, then consider trying short position entry price, SL and TP is given on chart just personal opinion, not investment advice any suggestions and feedback are welcome!
After price slumped on Sep22 (which was FED releasing interest rate timing), the price went uptrend to supply zone now two ways I personally think it may move like 1.(Space) bullish K bars appear and directly break out the supply zone(1400), then it may have high posibility to continue move uptrend as there is next resistance zone at 1450 2.(Time) ← now seems...
Entry because After hitting the supply zone didn't create HH temporary selling pressure K bar appears as a bearish signal The structure of the LTF appears LH-LL Which makes me bearish biased for short term SL upper edge of supply zone 0.9869 TP close to the demand zone 0.96634 all are personal opinions, not investment advice any suggestions and feedback are welcome!
Markets either go up or down U.S. stocks either up or down after the FOMC announcement At present, it hit supply zone, try short position SL 1384 Upper edge of Supply zone TP 1350 all are personal opinion, not investment advice!
Fundamentals/News: almost all financial markets are waiting for Fed interest rate decision this week. Estimated the rate will rise in a range between 0.75-1 most staying out of the market and wait for clear direction. Technical: Presently, the price has reached the position of the previous 4-hour demand zone (0.4240-0.436) and temporarily stopped falling But...