UnknownUnicorn5526382
In this market mass psychology is the most key points here. In a common strategy of retail traders buy the breakout of the resistance but the fact 90% of retail traders loss the 10% are the big boss where they do the opposite way. We just leave our target profit open because we will trail manually our SL Follow me & like this idea to support me thank you
High Probability for a downtrend market, but it can also go higher before going down (Yellow lines)
In the previous price action it make a double top pattern within the Supply Zone makes a High Probability to the downside. We are setting a Limit Order in the possible retracement then continuation to the downside. We just leave our target profit open because we will trail manually our SL Follow me & like this idea to support me thank you
In the current price action the market of gold is ranging. We are setting a Sell Limit Order @1739.045 & SL @1756.045 in the Supply Zone with a confluence of 3x Top (High rejection zone) We just leave our target profit open because we will trail manually our SL Follow me & like this idea to support me thank you
The price action now is making an Ascending Channel + the price is in the Supply Zone means there is a high probability of reversal. If our SL hit we are looking for another entry, or you can make your SL widen based on your preference. We keep our target profit open because we are trailing our SL manually Follow me & like this idea to support me thank you
Now the BTC is on the Supply Zone and the peak price is 9417.95 We can see in the price action it break the low (9140.96 May 6 2020 21:00)
We can see the market of the gold is ranging. But we can see a triangle pattern plus if the price hit the Demand Zone there is a high probability it can go to the upside. And there is also possibility it goes down or will continue to range
We can see the price peak is 27.95 when it hit the supply zone the price action made a lower highs & lower lows means that it is a clear downtrend market for now
Analysis: The current price action just break impulsively the corrective area which gives us a downtrend confirmation we are now looking for a sell entry in this market Pattern: Bearish Mini Ascending Channel Sell Limit: 117.828 SL: 117.948 (12 Pips) TP: Leave it open
Buy limit price: 0.60961 SL: 15 Pips TP: Leave it open __________________________________________________________________________________________________________________________________________________________________ Thank you for your support, I appreciate it.
In the recent price action the DC has broken impulsively, we can tell it by the bull candles which signals an uptrend. Now we are looking for a continuation pattern for a Long Trade. __________________________________________________________________________________________________________________________________________________________________ **Disclaimer** The...
Buy Stop: 1.56573 TP: 1.60773 SL: 1.55673
Major Pattern: Ascending Channel __________________________________________________________________________________________________________________________________________________________________ Analysis: The price recently make a Double Bottom Pattern that indicates a short term uptrend but we can see in the General Structure we are looking for a potential...
Major Pattern: Descending Channel __________________________________________________________________________________________________________________________________________________________________ Analysis: We can see in the most recent candles that there is a clear big momentum candles with big body . This indicates that there are more buyers in the market now....
Major Pattern: Descending Channel __________________________________________________________________________________________________________________________________________________________________ Analysis: The price is now on the Rayline level. Now we are looking for a potential Buy opportunity. All we need is a confirmation of a mini reversal pattern to form...
Major Pattern: Big Ascending Channel __________________________________________________________________________________________________________________________________________________________________ Analysis: The price is now on the Rayline (Valid Area for any reversal) than can go to the downside impulsively or form an Rising Wedge or Mini Ascending Channel in...
The price is now approaching the 3rd Touch Key Level of the Descending Channel (Reversal Pattern) we are now looking for a Mini Reversal Pattern like falling wedge or double bottom pattern in the 3rd touch level to make a high probability...