Price is approaching a supply zone which is inside a bigger daily supply zone (blue lines). The big picture looks good because price are near extreme highs, so more willing sellers could step in. Also the quick rise without major retracements is a sign over overextension and exhaustion. The orange line represents a tweaked entry based on the hourly chart. The red...
Price is reaching a 4H supply zone which is in line with the weekly cycle direction (trend) because the weekly supply zone at 2.18665 has been hit and more downside is expected (downtrend). TP 3R B.E. 2R
Price formed a bullish pin bar from support. TP 2R B.E. 90% of TP
Price formed a big bearish pin bar rejecting higher prices at key rsistance level. Price could continue lower from here if minor support of 0.7180 is broken. Entry at 50% retracement of the PB TP 2R (optional 4R) B.E. 90% of TP
Price is approaching a 4H supply zone that happens to be inside a daily minor supply zone. Price could bounce here for a quick short before continuing the uptrend. Entry has been tweaked by using a 1H supply zone. TP 3R B.E. 2R Cancel if price starts to base inside the green area our missed the entry by a few pips (0,68640)
Price is near a weekly supply zone and created a new 4H supply zone in confluence with the bigger picture (weekly). TP 3R B.E. 2R
Continuation trade with the trend. TP 3R B.E. 2R Cancel if current candle closes as PB rejecting the textbook resistance above or if price starts to base in the green profit area.
Price is dropping to the 4H demand zone where it could bounce due to unfilled buy orders. TP 3R B.E. 2R
Price is approaching the next demand zone on the 4 hourly chart. TP 3R B.E. 2R
Price is nearing a demand zone where it could bounce and resume the uptrend. TP 3R B.E. 2R
Bitcoin is clearly trending higher but there is a heavy supply zone which has to be taken out in order for the uptrend to continue. This zone could cause a bounce or a bigger price reversal. TP 2.7R B.E. 2R Not trading this myself but just to give a heads up for those considering buying soon. Better to buy on a pullback to 241.36 or 232.62.
Price reached a strong 4H demand zone. Price could bounce from here and continue higher. TP 3R B.E. 2R
Price tried to push higher past key resistance on DAX 4 hourly chart. Inside bar followed by a false break of a key resistance level can lead to lower prices as the trend has been down. TP 2R B.E. 90% of TP
The previous setup was cancelled because price started basing just above the zone creating a potential supply zone. But after this much consolidation it is not a supply zone so the original setup becomes viable again. TP 3R B.E. 2R
Price is possible retracing to the next demand zone where it could bounce from and resume the recent trend. TP 3R B.E. 2R Cancel if price starts to base (creating new supply) in the green profit area or touches 0.94900 without triggering my entry.
Price is at a 4H supply zone which happens to be also a daily supply level. Price could substantially bounce because the recent rise was fast without to much basing (demand levels). TP 3R B.E. 2R
Price is nearing a strong demand zone where the presence of many unfilled buy orders is likely. This area could cause a significant price bounce. TP 3R B.E. 2R Cancel if price touches 1.54300 or less and rallies without triggering my entry or start to create new supply areas in the green profit margin (basing).
I would take this pin bar formation if it was a bit larger because counter trend price action setups should be obvious and big. Small setups tend to not work out so well. Interesting to watch.