Thetradehousefx

Thetradehousefx

I could argue that the stoploss be taken a little higher but I believe in cutting loosing trades early. The chart looks easily explainable even to a lay man; Since the basic in trading is "selling the roof and buying the floor". We are currently at a known high pricemark that we can see price has been rejecting over time and can say the recent bull rally to the...

Thetradehousefx

Etherium took a 5% dip few days ago and now trying to reclaim some of the previous high price marks but one of these high should reject the price to sweep liqidity at the lower prices

Thetradehousefx

the whole gimmic of Fair value gap in the market cannot be understated, ENS is currently on its daily FVG zone which is the first signal for a reversal. Taking a trade here, my stops at the previous day low price and my first take profit at last 3 days candlestick high at $16 and full take profit at $16.6. *not a financial advice

Thetradehousefx Updated 

The previous accumulation ranged between $20.3 (low) - $24 (high), 8th Feb - 16th. we had a breakout to the up side to $30 price mark that gives signal of more upward price movements. Today, we have a chance to buy at a cheap price at $22.6. My stops will be at the previous range low at $20.3, First take profit at $24, Second take profit at $30. Futures traders...

Thetradehousefx

The weekly chat shows us a Fair value gap above $125 price mark and that looks good to stack up more TSLA between $125-$120 and we get to see $200 per share before the end of Q2. my stops at $100.

Thetradehousefx

each previous support zone being perfect take profit zones. what validates the next trading zone till invalidated is an extension of the previous rejection zones.

Thetradehousefx

both previous low and high have untapped FVG, reasons for the double path scenario. Bulls are losing momentum a bit except major Whales come into play, Bears should be able to take us down to the 33,800 support price. sell invalidation price 35,500.

Thetradehousefx Updated 

trendline trading, I'm expecting the market price to break below the trendline and start the reversal move down to the 32k support region. Apply proper risk management when placing trades cause market can still go against you.

Thetradehousefx Updated 

looking at the chart on the H4 timeframe, price has swept recent liquidity likewise we can see the orderblock which we could take a sell from. Topping the analysis up there is a SHS formation seen, a retest to the formation is expected. Take profits can be extended to the new low formed.

Thetradehousefx Updated 

To be honest, this is one of the times I wish to be wrong but the chart don't lie. "a known support zone, if broken becomes a resistance zone" which is what you will see on the weekly Time frame; topping the analysis up, a SHS formation is seen on the daily TF which signals a reversal on a commodity. If trading leveraged positions, trade cautiously.

Thetradehousefx

Seeing Kava at $1 or less seems more of a bargain TA aside. I do not advise to trade without proper technicals still but looking at this from TA's perspective, on the weekly time frame its price has hit a demand zone and swept liquidity along side; an upward move is one to recon with. Spot buying seems fair when you do Dollar cost average (DCA), calculate...

Thetradehousefx

The "three soldiers candlestick pattern" gives me an aiding confirmation bias to a reversal of trend. Now if the price of BTC stays below $28,360; short positions should be considered. Risk management should be applied

Thetradehousefx Updated 

Pennant formation seen in H4 TF and what we know about pennant is either a continuation of trend or a reversal of trend. At this hour, we can see a bearish breakout. I will be taking my position from the retest box and my stoploss right above the high. Apply proper risk management

Thetradehousefx

This past week ended with an upside rally movement in the crypto space and currently, the market price is at a daily resistance zone. I'm looking to short the market from its current price down to $21,400.

Thetradehousefx

Pennant formation seen in 15 mins Timeframe from the previous swing low. The formation could force a false breakout to the upside and cause a stophunt into that retest box

Thetradehousefx

Pennant chart pattern is our friend here, a breakout to the upside on H4. Price closes above, confirms buy bias. Wait for minor draw down to buy cheaper or take a buy position now on spot.

Thetradehousefx Updated 

The last impulsive was to the up side which gives sign of a short time bull run view but the overall trend is bearish. Looking at the current market structure on 15 mins timeframe, we can see the pennant formation and expect a breakout in either direction. This is a neutral analysis.

Thetradehousefx Updated 

With the recent weakness of the USD, we are expecting it to gain some grounds against the British pounds apparently. Looking at the current trendline on GBPUSD chart you can also observe its slopping into a downtrend; execution of your trade should be what matters the most. I have used the short position tool to show where I'll be taking my short position from...