If this bearish momentum candle closes below the S/R level then there's a shorting opportunity here. Scaling in with 1 position. Will scale in with more on a pullback. If it just runs then I'll manage the singe position.
Price has broken the triangle and is heading downward.
Pressures been building towards the upside and now it's pop time.
Price has run up and created a bull flag within a range. It's given bullish signs on a lower TF hence the entry. Could have a hefty push up into profit. Remember to be generous with your stop loss and manage the trade according to your risk tolerance.
Please watch the video for the full trade idea and make sure you stick to your risk management at all times.
1. If price has a solid break to the downside it could see a good downward move towards the end of the range 2. If price breaks the downward trendline and turns upward for a breakout with solid price action then it'll most likely test the 50ema 3. If it doesn't break the range, with solid price action there could be a long trade to the trendline area and...
GJ has come to a key area... the 50ema... and the 78.6 fib level. There's a good chance this is gonna be a good ride down. Trailing a stoploss might be a good idea with this one.
Please watch the video for full context of this trade. Possible launch upwards with an inverted H&S. Wait for confirmation.
Early entry on price breaking into a new range. Price looks like it's going to follow through. Its created a double bottom, its retested the 50ema, and it's pushing higher.
If price closes with the range, goes for a fakeout and then pushes up into the range again then price could move a couple hundred pips if it breaks the high.
Price has created a divergence at a key area. It's also come back to the 61.8 on the fibs. This could be the turn around for another push or at least back up to the neckline of the consolidation that's been created. About a hundred pip range to the upside.
Looks like price could be creating an inverted H&S pattern and moving upward from here. It's not confirmed. This is an early entry off a fakeout and long wicked rejection candle on the 15m.
Dude, these are simple non complicated setups. Let me save you like 2 years, tons of money, and a boat load of time. Direction. Key area. Validation.
The fake out has occurred now comes the push up. It's not rocket science it just takes a shit ton of patience.
Entering with a stop order and riding it up to the next level
Executed on the 1m tf - riding the B&R Looking to capitalize on a piece of the market
Booooom. Upward momentum saves the day with confluence
Price is currently pushing up to enter into a range that could lead to a huge follow through move to recent 4h highs. Waiting for a close within the range. Be safe boys and girls.