Positive Outcome during US News Release: Despite the rising channel pattern, positive outcomes during the release of US news can exert short-term bullish pressure on the USD. Strong economic data releases from the US, such as better-than-expected GDP growth, employment figures, or interest rate decisions, could lead to an increase in demand for the USD, causing...
Based on this analysis: The rising channel within the context of a downtrend suggests a potential bearish continuation pattern. Positive US news releases could reinforce the downtrend by strengthening the US dollar and causing downward pressure on the EUR/USD pair. Traders may consider selling the EUR/USD pair if it approaches the upper trendline of the rising...
A rising channel is a technical pattern characterized by two parallel trendlines sloping upwards, with price oscillating between them. In this case, if the EUR/USD pair is trading within a rising channel, it suggests an uptrend in the short to medium term. However, if the price approaches the upper trendline of the channel and shows signs of rejection or bearish...
sNIPER ENTRY, Buying to sell. Premium Zone entry. Corrective Phase.
- Price failed to break above the swing HIGH, creating a bearish ORDER FLOW {LH&LL}.
- After the break of the previous High, price left behind a Fair Value Gap (FVG). - This gap should be filled. - The market is currently in a short corrective phase, now the question is, will the market hold this correction longer and drop off without filling the gap/ will price manipulate orders placed by retail traders on LTF and then buy the market to fill up...
- Price filled in the FVG and then dropped, leaving behind a pool of Buy side liquidity. - Price came back to revisit the High, taking out all possible SL and induced buy traders to enter the market. Their stops got raided, bringing the price back into the range/swing. - Right now I will be looking for sell confirmations on the LTF. The reason being that I see the...
GOLD H1 Sell setup. Lets wait for the market to find support and then wait for a Bullish reversal/pullback to confirm the setup. We will decide after that scenario.
This can be seen by many traders. The only problem is that some are confused and cant determine if its a sell or a buy. Listen Take this short opportunity to the upside and prepare your account for the drop. Dont be caught on the wrong side. Feel free to ask me anything, Ill be happy to help you.
Lets wait and see how the market plays out its way to the 4H order block. If by any chance you get entries on lower time frames, be sure to capitalize on the short term buy opportunity. On my side am looking for an entry at 35595, with a stop loss at 35417 right below the structure. Take profit will be the previous highs. The game is to ride the wave until a new...
Be aware of the two order blocks on the 4H time frame. If the first one is mitigated then we surely know that Nas100 will complete the Bearish Flag pattern and we start to look for Sells when price rejects the trendline and provides a clear entry opportunity. Lets stay focused. Be free to ask me anything. Ill be happy to help you.
📈NZDUSD BUY OPPORTUNITY‼️ Entry type: High Risk Entry:(Market order) Take Profit:OPEN Stop Loss: TIGHT
📉NASDAQ SELL OPPORTUNITY‼️ Entry type: Reduced Risk Entry: 16339.9 (Sell Limit order) Take Profit 1: 15988.5 Take Profit 2: OPEN Stop Loss: 16454.8
Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong. You never know what kind of setup market will present to you.
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. In trading, you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep the money.
Well lets take a good look at it and see if this structure will be respected after they clear the previous lower low either with a wick or a full body candle rejection on lower time frames. This is a great opportunity to grab every single entry set up you get and take advantage to gain more in return. Place a Buy Limit order using the parameters presented on the...
Be patient and let trade setups come to you. Avoid chasing a trade.
Know where you will have to exit before taking any trade.