DLavrov

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Newbie traders like to buy at tops and open short trade at bottoms. It is their trading style and it is one of the reasons why traders fail. They don't want to take into consideration signals from markets and indicators. They want to follow their wishes and see what they want to see. "Bitcoin will go to the Moon!" "Bitcoin will reach 20 000$!" "Bitcoin will...

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The price bounced from SMA50 and moved upward. Does it mean that the bearish model was broken and we will see the continuation of the uptrend? Let's make everything clear! We have to take into consideration new information. The price bounced from SMA50 and it gives us a bullish signal. The same goes for a new swing low which is higher than the previous one....

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The price bounced from the daily uptrend line. The price reversal from this line gave us interesting buying opportunities in the hourly and minute timeframes. Now, these trades are in profit! What's next? If the price breaks the local downtrend line, it will be a bullish signal in the direction of the main uptrend. Is it possible? Sure, as we don't know the...

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I wrote about the main picture in BTCUSD market in this post . It was a market review based on the daily chart. Let's look at the 4H chart and try to understand what's going on in this market. The price reached SMA50 and gave us a reversal candlestick pattern. It is a bullish signal. RSI is going to support the price reversal and the same signal we should...

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The price reached 2.40$ support zone. If we get the price reversal from this zone, we will get a double bottom chart pattern as well. It is a bullish pattern that can be used for buying. Here is an example of such a long trade. If the price breaks 2.40$ support, it will be a bearish signal with the target at 2.00$ support. Disclaimer! This post does not...

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Let's look at the daily chart of Ethereum . The price couldn't break the local downtrend line and 400$ resistance. We got a false breakout. The bearish candle is telling us that we should be ready to see a downward movement. The nearest support zone is formed by the main uptrend line, SMA50, and 368.50$ support. We will have to watch for the price action at this...

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The price is moving down and it is not far from 1.16000 support. You can see how the price acted at this zone in the past. If we get a reversal from this zone, it will be possible to use this signal for buying. Search for the exact trading setups in the hourly timeframes. It will give better entry points and the risk-reward ratio. If the price breaks the...

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In spite of making a new high, we have absolutely another type of upward movement. Just compare them. The 1st upward movement showed the strength of bulls. We have bullish candles one by one. When the price reached the upper line of the price channel, we got the 2nd type of upward movement. Bullish and bearish candles with long tails tell us that the bulls are not...

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The market looks bullish and much more interesting than BTCUSD. The price is going to bounce from SMA50. It will give us a bullish signal in the direction of the main uptrend. If you need additional signals for buying, you should wait for a breakout above 400$ resistance and the local downtrend line. It will give us a solid bullish signal and a good opportunity...

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The price broke the local downtrend lines but the buyers couldn't develop a new uptrend. The market continued the sideways movement between the support and resistance levels. Now the price is at the support and SMA200. It gives a new buying opportunity. Stop orders must be placed below SMA200. The resistance zone should be the main profit target. If the price...

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The price broke the uptrend line and reached 2.40$ support zone. We got a pullback, which could be used for buying in the hourly charts. What's next? I think this coin is a good candidate for long term trading. The price is not far from the bottom and we have a good space for the upward movement. The zone between 2.62$ and 1.44$ can be used for building long...

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The market looks interesting for buying. The price reached SMA50 and the price from this zone will be able to give a buying opportunity. If the price breaks SMA50, the nearest support zone will become the 1st target for the bears. The price reversal from 26$ support will be good for buying as well. Stop orders for all long positions should be placed below the...

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It is possible to dream about the new journey to the Moon and expect 20 000$ within several weeks. But if you want to be a good trader, you have to "read" signals from markets and indicators and be ready to follow them even if they stay against your wishes. The market is bullish and we could see a strong upward movement. It is a fact. But if we look at the price...

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During the next week, it will be interesting to watch for the Gold market. The price broke the local uptrend line and made a downward movement. It gave us a solid bearish signal with the 1st target at 1850$. If the price breaks the local support, the 2nd goals will be 1800$ support. If the price can stay above 180$ support, we will be able to expect a new...

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The price bounced from the local uptrend line but the bulls couldn't develop a new upward movement. We got a new attempt to break the trend line and move below it. The price action in this zone is very important for further market movement. Watch for it! We will be able to get new trade opportunities. For example, we have a bullish signal based on divergence....

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The price broke the trend line of the price channel and retested a new resistance zone. It gives a solid bearish signal and a new trade opportunity for shorting. It is possible to use the price reversal signal to open short trades with stop orders above the local swing high and profit target at the support zone. The alternative short trade is based on a breakout...

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In this post , I wrote about possible trade opportunities at the uptrend line from the daily chart. As I can see from your feedback, you don't like such type of posts where I don't provide the exact trading setups. You want to get the exact entry and exit point thinking that such information will help you to make money in the financial markets. No, it won't give...

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For me, Gold market looks bullish in the long run. As for the short term, it can be bearish and even reach 1800$ support. If you look at the 4H chart, you will see an amazing trade opportunity for shorting. If you know how to trade using breakout and reversal signal from the key zone, you would make a good profit shorting below 1900$. You know these setups,...