Price is overall bullish when you scroll out. The Trendline for uptrend has been broken and retested. Price looks like it wants to head towards the next support level 1978 area. This trade could be invalidated based off the fib, price create double bottom off the 78-ext, which is also lining up with areas price has resisted in the past. If it holds it probably...
This is a trade that looks so smooth let's make it simple see how it goes I'm long on GBPAUD. We got a break of resistance and a retest on the daily to keep the overall trend pushing up to next resistance level, also retest of 78 ext on fib. The right lot size won't blow your account. Win big lose small. Good Luck.
Price currently in downtrend which could be just a retracement on the daily for continuation of buy. Price broke trendline on daily, also the support level it is located at right now with a close below support creating new swing low. I'm buying up to resistance on my chart also located around counter trendline. Side notes I would sell at that tp area. Don't Over...
I don't own a t.v show but the price is right. I'm going short on Gj it broke trendline, I'm looking for a retest of the trendline before dropping to support. Side note price created double bottom, that looks like it could push up and create a w pattern. So, to be conservative you could wait and see what price does, or just enter with the right lot size to...
Simply waiting for entry for sell or buy. No need to hurry buy or sell we are at an area that price could easily go either direction.
My Opinion on Gold Is displayed on my chart above. 📊 Have a good week.
Currently First Trade 38.80 Pip Gain vs. 14pip Stop loss. Second Trade 67 Pip Gain vs. 8pip Stop loss. Both ways with this one "Neutral"
Daily time frame you can clearly see the downtrend. Price is in a weird area right now. You can see the uptrend forming on 4hr better, also a not so perfect bullish pennant pattern has formed. We are at a breaking point in my opinion, if price does not break trendline ill buy until the stop loss is hit. Mind You it could be a mudslide at support turned resistance...
Resistance was hit in this area some time back. Once resistance hit the first-time price shot down significantly and retraced and made a higher high above previous resistance on 4hr time frame. But you take a look at the daily time frame price made an inverted hammer at the top of resistance and now is trading amongst the 200 EMA. I personally do not think price...
My thoughts on GBPAUD we are still in downtrend. I'm looking for price to retrace to the orange resistance box for sell limits for a continuation of down trend. Price may pierce through the orange box that's ok as long as it doesn't close above box. Price still below 200 EMA as of now I'm pretty sure a retest will come along with it. 1.72630 IS THE TARGET.
Price is located at the top of resistance as of now. On my chart you can see price is clearly in an uptrend hits the top and stop to consolidate/range at resistance. I have faith in this one, you can't beat getting a decent entry and a small stop loss. Risk to Reward Ratio looks wonderful. Take Profits and Stop loss are located on chart.
Located on the Daily time frame, price overall is in a down trend. There is an uptrend within the downtrend. It could possibly reverse, but we are in between middle of a middle support and resistance area right now. Counter Trendline has been broken and retested for the bearish symmetrical triangle pattern price could possibly retrace a little and dive deep...
Last trade invalidated due to the placement of stop loss. I've stated that price could form higher low for a continuation of uptrend, and it did. I don't think we are breaking highs so soon though we haven't seen this level in over 5 months just for price to break through this level so smoothly. We only have 2 or 3 touches at 25k within the previous months we may...
Price hit resistance at 25k spiked down came back up started to create market structure. I'm targeting the -27-extension line. The grey box is where I am setting an alert on trading view to decide if I want to take profit just in case price decides to create a higher low in this area for a continuation of uptrend or a retest to 25k. If Bitcoin plays fair, the...
This is this week's nas trade I have set up let's see how she plays out.
Price is making market structure forming higher lows and higher highs into resistance zone. Im looking for price to break through this resistance zone, make a pull back on the lower time frame to retest the zone, and then continue on with the uptrend. I am going long. Stop loss 20 pips below last swing low gives your trade some room to breathe. Once Price...
Price inside of Key Resistance zone 153.460 Head and Shoulders M Formation Pattern Rejection off Trendline High >Low>Lower High