price has broken out of its monthly uptrend! Price is challenging a support zone and will at least challenge 50% of the most recent high at some point. Previous high on 4 hour was broken and low is being tested now. If i see new high being created on the 5-15 min i will enter!
Looks like price broke out of it's monthly uptrend and is currently testing the tip of the support zone (red lines). I don't think price will break the previous low and will look for an entry on the 5 to 15 min time frame. Take Profits (orange) Stop Loss (set at 50 pips)
Price broke out of its monthly downtrend and is currently testing the support zone. No new lower lows are being created on the 15 min. This may indicate that price may shoot up soon. The 30 min and 1 hour stochastic are at lows (below the rsi bottom line). I'm under the weather but im feeling pretty bright with this one! Gonna let this retest show its face before...
Been tracking this since last week. Lost a couple positions due to early entries and not letting it test the support zone. Price broke out of a monthly downtrend and is now retesting the support zone. Price hasn't broke the most recent low on the 4 hour just yet and I see on the 5 min that there are a few newer highs being created although the 15 min doesn't...
I’m not on internet right now so marked this up on my phone. Won’t be as much eye candy chart wise as I usually offer lol Can’t get as technical but there are higher highs being created. Seems as if price is headed to one of the two resistance zones above. I marked up a bitcoin a few weeks ago before I started publishing and would’ve been a thousanaire if I...
Power of 3: Daily, 4 hour, 1 hour 1. Resistance Zone: 0.72670 - 0.71934 - Price rejected this zone October 1st and 5th with the result of price dropping down each time. 2. Stochastic Line Location: -Above the top line of my Indicator which means price is overbought and looking to fall down soon IMO! 3. Analysis: - Price has been on an uptrend since March of this...
Power of 3: Daily, 4 hour, 1 hour 1. Support Zone: 1.31234 - 1.29965 - Price is currently testing the zone. 2. Previous low hasn't been broken yet and stochastic rsi line is at the bottom of the stochastic. (bottom blue line) -This gives me the indication that price is getting ready to shoot up. 3. All I need is a Parabolic Sar at the bottom of one of the next...
Power of 3: Daily, 4 hour, 1 hour 1. Support Zone: 1871.080 - 1846.109 - Price rejected this zone October 6th. 2. Previous low hasn't been broken yet and stochastic rsi line is at the bottom of the stochastic. (bottom blue line) -This gives me the indication that price is getting ready to shoot up. 3. All I need is a Parabolic Sar at the bottom of one of the...
Monthly downtrend. Price breaks out of trend and is now retesting one of the two support zones (black lines). Feel that it will at least challenge 50% of most recent high! 👨🏾💻TRADE IDEA 👩🏾💻(Buy EURCAD) Type: Market Execution Time Frame Marked up on: 1Hr -Daily 🥵Stop Loss: 1.50879 🥶Entry Zone: 1.55447-1.55907 Take Profits: 1. 👉🏾1.56315 2. 👉🏾1.56633 3. 👉🏾...
Price is literally in a 4 hour support zone and it broke out of its yearly downtrend in the month of Sept. Although it's falling again, there was a new higher high on the 4 hour time frame I don't think price will drop much lower. I se t a 50 pip stop loss to be safe on a smaller lot size as im still new to trading! Basically the previous low was broken but after...
Not the best at explaining as I've only been trading for a few months! However, price is reaching a resistance zone after breaking the previous low on the 4 hour. On the daily, we are on a downtrend mainly so I feel like it will fall back down at least 50%! 👨🏾💻TRADE IDEA 👩🏾💻(SELL AUDJPY) Type: Market Execution Time Frame Marked up on: 1Hr -Daily 🥵Stop Loss: ...
Looking for a short on this as price is approaching resistance after breaking previous low. I'm not the best at explaining but I put a lot of thought into these markups! 👨🏾💻TRADE IDEA 👩🏾💻(SELL AUDNZD) Type: Market Execution Time Frame Marked up on: 1Hr -Daily 🥵Stop Loss: 1.09253 🥶Entry Zone: 1.08638-1.08481 Take Profits: 1. 👉🏾1.08168 2. 👉🏾1.07879 🔥Hot...
Explanation: Price broke out of it's Daily time frame uptrend and is currently retesting the previous low but it didn't break just yet on the smaller time frame! Lmk your thoughts! Looking to learn and elevate! 👨🏾💻TRADE IDEA 👩🏾💻(BUY NZDUSD) Type: Market Execution Time Frame Marked up on: 1Hr -Daily 🥵Stop Loss: 0.65204 🥶Entry Zone: 0.65607-0.65844 Take...
Looking for a short on this! I might've entered a bit early but hey...that free margin is clutch... Explanation: For me this is really a resistance zone sell. Price has been on a downtrend breaking out within this new month and I feel that price will eventually fall back down since the previous low was broken on the daily and the high is still retesting the...
Experience: Novice Trader (looking to network and learn!) Explanation: Looks like we've been on a downtrend here from March '19 to June of this year. Price broke the downtrend around July and since September its been on an uptrend. Price did fall back down. However, on the 4 hour there are no previous lows with the previous being broken. Please give your thoughts...
Im fairly new to trading but definitely picked this up as a hobby during these uncertain times. I'm not expert but I take this seriously. Explanation: - It seems to me as if gold is jumping down towards a support zone. Although there has been a downtrend the past couple months, there has been pullbacks to be taken advantage of! On the 4 hour timeframe it seems...