Wait to see rejection or reverse candle in sellers zone. Then with confirmation u can be with sellers.
market will reverse in level1 or if price breaks level1 we can wait for price reaction in level2
In H1 timeframe we have a flag which we can open our trade when price throws back to flag lines. Also we have good volumes that shows the power of buyers.
The price is now in to the buyers zone. and also touches the channel. We expect that price will start its uptrend soon...
look at this nice flag. What do u think will happen to index? tell me in comments...
Nice double bottom here, if we can get a better retracement then some rejection there is chances to take this buy to the upper level.
Price has touched an important level and as you can see it reversed. The volume is high enough but for more sure wait for this candle to close. First target is near the trend line and if the price breaks the trend line we can get another sell in pullback to trendline.
Price is stuck between 2 white line so we have 2 scenario. First scenario: we have a long rejection from buyers with high volume. So buyers have entered the market. If price pass the upper white line we can be with buyers ( Long ). Second scenario: RSI line breaks the line so price may fall as it is in downtrend. So if price breaks the lower white line and also...
Most of the traders open their trades after channel breakout ( Contrary to the direction of the channel ). But today I'm gonna show you how to trade when price breaks in the direction of the channel !! This strategy is very rarely found but it works 100%. Rules for trading with bullish channel : 1. We must have a bullish channel ( if you see, draw the channel...
MA 50 now acts as a support. The price is stuck in a triangle and after breaking out from triangle, price faces a strong and important level (395$-400$). If price breaks these levels ( triangle and 400$ ), it will become stable after 400$ and with high volumes will go for 420$ and 450$ targets.
1993-2001 - Bill Clinton - Democrat - Chart has fallen it means the value of the US Dollar has risen. 2001-2009 - George Bush - Republican - Chart has risen it means the value of the US Dollar has fallen. 2009-2017 - Barak Obama - Democrat - Chart has fallen it means the value of the US Dollar has risen. 2017-2020 - Donald Trump - Republican - As we see chart is...
we can wait for touching the trend line in stoch. Also as you can see the fibo level we can wait for breaking the level and consolidation the price above the channel middle line. So say goodbye to 1100 !!
As you can see in number 1 area,price was trying to break this level but it failed.Price is just go out of BB band in 1D time frame so we expect falling in 1D chart.But if we check lower time frames,we understand that price will rise to level1 fibo and also oscillators prediction is buy + we have a strong buy in MA(20-50-200). You can enter the market with bullish...
As you can see the price touches the gann level and gann level is covered with 50% retracement fibonacci, so that made a tail above the last candle. Also price touched the MA8 with its pin. We have a strong sell signal with MA(20-50-200) + MACD. So lets see what will happen...
As we can see in 1D chart,price will complete a Double Top pattern and after that it will fall. 8 hours left to close the daily candle so you can wait for touching the next strong level and then enter the market!
Hi guys! as you can see we had a range market from 06/29 to 07/08.We can see that price was trying to break the 107.365 level.and finally it made it!! After that a strong bearish candles were appeared and then a flag pattern can be seen.so breaking the flag will push the price to the 50% of fibo level.Strong level at 106.468 will be touched!!!
at the end of the day nice double top can be completed,lets see it happens or not...
rejection=sellers are tying to enter the market.so if the price touches an important level.It will fall.we can use the overbought zone from stochastic to get confirmation.