DLavrov

DLavrov Updated 

After a strong price movement, we can expect a correction. The price reached 12 500USD, and we got a bearish candle. It tells us about a reversal from the resistance based on the round number. RSI is going to support the sellers. The same goes for MACD. If we talk about a short term trading, it is possible to sell with profit targets at SMAs and 12 000USD. After...

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What do you think about such a short trade? The price bounced from 140.00 resistance zone. We have a bearish divergence, which gives us a trend reversal signal. MACD and RSI are bearish. The daily chart looks bearish as well. Here is an example of a possible short trade: Sell below 139.035 Stop above 140.210 Profit Target at 136.650 Risk per trade must be no...

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If we look at the 1H timeframe, we will see a sideways movement between 12 000USD resistance and 11 700USD support. The buyers tried to pass through the resistance level 2 times, but they failed. It tells us that they are not so strong, and there are no fundamental factors supporting the upward movement. At the same time, we have to note that the sellers also...

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The support zone at 0.90000 and SMA50 holds the price. It can become a good entry point for buying in the direction of the bullish trend. Buy signals will come from the daily and lower timeframes. Stop orders should be placed below the local swing lows and 0.90000 support. The nearest profit target will be at 0.91500 resistance. The breakout above will open the...

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We can get a buy signal from the support zone formed by SMA50, SMA200, 1.07000 support level, and the main uptrend line. If the price bounces from this zone, we will search for exact entry points using the daily and hourly timeframes. Stop orders must be placed below the uptrend line. The nearest profit targets for buyers will be the previous market high at...

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The price is not far from the resistance zone at 118.00 level. How the price bounced from this resistance, you can see on the daily chart. RSI reached the overbought zone, and it gives us a reversal signal. MACD histogram is going to confirm the reversal as well as a further downward movement. The pair should be added to a watchlist as it will be able to provide...

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The price has been moving up in the bullish trend. After a consolidation period, we can see a good upward wave. The price reversals from the support zone formed by SMAs and 3.00USD could be used for opening long positions. If you missed that buy signals in the direction of the main trend, now we must not chase the price. We have to wait for a pullback and use...

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Here is an example of a long trade, which is based on a breakout above the local downtrend and SMA100. It is a trade in the direction of the main trend. Buy above 7.10USD Stop below 6.70USD Profit Target at 8.00USD and 10.00USD. Risk per trade can be no more than 5% of the capital. Disclaimer! This post does not provide financial advice. It is for...

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The price has been moving up in the bullish structure. We could open a long position using a breakout signal above the local downtrend line and 400USD. The price reached another resistance zone at 450USd, and we can expect a reversal with the further downward movement to the support zone. This zone is formed by SMAs and 400USD, which is acting as a support level...

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The price stays below 12 000USD resistance. Yesterday, we could see an upward movement toward that resistance. Today, we could expect a breakout and the continuation of the uptrend. But we got the continuation of a sideways movement. Probably the market needs more time in consolidation, and now we do not so many strong buyers and sellers with the exact plan...

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What do you think about such a long trade? The price bounced from 0.90000 support zone. RSI is confirming the price reversal, and the same goes about MACD histogram. The price is going to move above the bottom BB. It gives us a buying opportunity in the range market conditions. Buy above 0.90100 Stop below 0.89975 Profit Target at 0.90485 Risk per trade must...

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In spite of bullish signals from the higher timeframe, I expect a short term downward movement from the resistance zone formed by SMA200 and 1.74000 round number level. RSI reached the overbought zone, and it will be able to provide us a solid reversal signal. Here is an example of a short trade: Sell below 1.73950 Stop above 1.74150 Profit Target at...

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The 4H timeframe provides ideas how to trade depending on breakout signals. The signals from this timeframe can be used for buyers and sellers as well. For the better entry points, we should use lower timeframes. If the price breaks the local downtrend line, it will be a buy signal with stop orders below SMA100 and the local swing low. The main profit target...

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The price bounced from 117.600 level. RSI and MACD histogram confirmed the price reversal. At the same time, we have a bearish divergence, which is a trend reversal signal. If the price can stay below the resistance level and breaks the local uptrend line, it will give a selling opportunity. Here is an example of a short trade: Sell below 117.400 Stop above...

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The Gold could give us a profitable trade based on a bearish divergence. I wrote about that short trade in this post . After the downward movement, the price bounced from SMA200. It gave us a new buying opportunity based on a reversal signal. When the price moved above the local resistance, we got an exact buy signal in the direction of the main trend. Here is...

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The price reached SMA100 and we got a reversal signal in the direction of the main trend. RSI and Stochastic confirmed the price reversal, and now they are supporting a further upward movement. I opened a long position using the 15m chart and a trend reversal signal. Entry point was 11 350USD Stop was placed at 11 100USD Profit Target is 11 985USD. If the...

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You asked me to talk about possible setups in order everyone could trade by themselves. Here is a setup that allows us to get trading opportunities in the trend market conditions in any market and timeframe. We use 3 Moving Averages with different periods. In this example, I use 50, 100, and 200 periods. When the price bounces from these MAs, we get a trading...

DLavrov Updated 

In spite of bearish signals from higher timeframes, I would like to share with you a possible long trade. It is based on an idea that the price reverses from SMA200 and moves up in the direction of the main trend. The main goal for buyers will be 12 000USD resistance. It will be better to use a breakout signal above the local downtrend line as an additional...