Confluences: -Daily fibonacci 61.8 level, which overlaps with the 40,000 psychological level and previous high before the correction -Third bounce of the trend line, validating it. Now price is retesting the 50k level and will probably get rejected, I will enter a long position and hold it till Bitcoin hits 70k or it shows signs of reversals. What do you guys think?
Confluences: -Price retraced to the 71.8 level (daily fib) -Then now it broke the 71.8 level, of the new 4H fib. -Placed a buy limit on the 71.8 level and ill take it to the 27 extension. Feel free to tell me what you guys think! Happy trading.
Confluences: -Price is retracing to major a major resistance zone -Price is retracing to the 78.6 fib level -This is an impulse correction so we can see an impulse down -Additionally this pair has been in a downtrend and I'm expecting for a retest and continuation down On monday I will wait for a 4hour break of structure (lower low and lower high) and enter on...
Confluences: -Price retraced as I predicted before, trade hit my take profit and at the 50 fib retracement (right now) I entered a buy. -The 50 fib retracement is also above a zone which is a very strong support. -If price breaks this, I will re-enter at the 61.8 Feel free to tell me what you think!
Confluences: -Daily M pattern -Price broke out of consolidation range and it's retesting it -Price is also at a major zone (now resistance) and has been under it for multiple 4h candlesticks indicating lack of bullish momentum -It's a beautiful 4.5 risk-reward Tell me what you guys think!
Confluences: -AUDNZD has not retraced on the daily and reached the previous high -Before breaking this level I am expecting a retracement to either the 31.8 or the 50 fib level -This is a trade again the trend so I'm risking less and if it retraces to the 50, I will enter a buy for this pair Good luck and feel free to share with me what you think
Confluences: Daily time frame: -Head and shoulder pattern formed (high probability trade setup) -Price broke through a zone -Pair has been in a downtrend (long-term) -DXY is about to break 90 with the same head and shoulder pattern hence, waiting for a big drop -Good risk reward, high probability, I love this setup Side note: this pair is not a major but price...
The DXY arrived at a crucial level (90) where if it breaks it, the daily head and shoulder formation is formed and the dollar will tank. If this support level holds, then the DXY can breathe and go up for the following 1-2 weeks before we can see what happens next. -As of now, I am bearish but I'll keep checking whether the support is holding or if we break it...
Confluences: -Price failed to break the daily resistance, so I'd expect a retrace to the 61.8 daily fib level which overlaps perfectly with a reversal zone. -I will buy then and take EU to the next zone taking partials at the major resistance line (considering the stop loss is low I can place a higher lot size) -Stop loss will be at the 71.8 which lines up...
Confluences: -On the daily there is bullish price structure -DXY is very weak -When the 4hour candle closes, if it closes as a bullish Maribozu, I will wait for the rest of the key level and place a buy stop taking it to the next level -If the zone acts as support, this trade becomes high probability Good luck and tell me what you guys think!
Confluences: -Price is trending upwards (Higher highs and higher lows) -Price retraced and respected the 61.8 fib level -Price didn't break the previous high and respected it as support -Placed a buy stop and I'll bring it all the way to a major and psychological level 1.4000 and it also lines up with the fibonacci extension level Have a good trading!
Price broke the previous low, when it retests it, if it continues down, we are still good. Who is in this trade? As a trade management perspective I will probably place a stop loss at breakeven tomorrow. Hope you guys are making this money
Confluences: -W pattern -Price respecting fib levels -Price re-entered previous daily trendline -Enter on continuation with a buy stop -Good Risk-Reward -AUDUSD hasn't retraced in a while so weak AUD should correlate with GBPAUD going higher, also the pound has been really strong lately -Take profit will be in the second zone, I'll take partials at the first zone
Confluences: -Price is in a bullish ascending price channel -Momentum is slowing down so what I expect is a break of the lower channel, a retrace to the start of the channel (around the first Fibonacci level) -I placed a buy limit there with a very good risk-reward taking bitcoin all the way up to 60k -Stop loss is under the Fibonacci level and the daily support
Confluences: -Price has been in the same bearish price channel since the 1st of August -Price has respected this price channel multiple times (both the upper bound and lower bound) -Price made a lower high (in the daily) -Risk Reward 3 -Bearish Kangaroo tail last week -My personal risk is 3% in this trade so if I win ill make 9% -This trade is a set and forget trade.
Confluences: -Daily timeframe respected first fib level -Daily time frame's resistance has been broken and retested (lower blue zone) -4H timeframe it's clear the break, retest and continuation -DXY is bearish so pairs XXX/USD will go up As of now I'd expect it to retrace to the 4H 38.2 level where I'll be triggered in. Additionally it overlaps with the daily...
Confluences: Simple break and retest in 4H chart. wait for it to break with a 4H candle close, place a sell limit at the bottom of resistance (previous support) and wait Let's get this bread! Also it will re-enter the bearish price channel
There are two step for this strategy: the retracement trade and the push trade. The first trade I'll take for half the risk i'll trade for the push trade will be when the 4h breaks the previous daily support (as it's almost doing). Once it breaks I'll place a sell order and see if it tags me in or not. Here I will now experience FOMO because it's a retracement...