Looking at a 1:4.5RR on usd cad going long based off the trendline break and retest on the 4 hour chart currently were breaking a minor resistance off a solid trendline retest our target will be the next daily resistance level if we get a solid break on the minor level confidence for the trade increases but remember a trade is never guaranteed! Goodluck traders
4hr has a nice support level formed daily trendline falls nicely with our 4 hr support daily bullish structure lower time frames break back to bullish structure with our ema cross aswell overall goal is to catch this next daily time frame bullish swing for a nice 1:3.5 RR trade (might take a day or 2 possibly) lets hope for the best and goodluck to anyone who...
were in a HUGE pullback on eth/usd its currently sitting on a huge daily support as well as the 61.8% fib level waiting for an ema cross involving the lower time frames involving the 50 ema once that happens with a structure change I plan to enter long and target $2100 as for now we sit and wait for a nice rejection and shift of momentum then enter in the dip and...
Higher timeframe we are rejecting a major level of support and approaching a minor resistance level so what were looking for is a break of our minor bearish trendline with a break of our minor resistance as well which is validated by plenty of taps to that level so ideally were looking to go long based off the break and retest of that resistance level which will...
support broken on 4hour with ema crossover and a daily overall bearish market looking for a retest of the previous support now turned resistance for entry then taking it down to the last daily low for a nice 1:5RR trade wait for the retest for the best entry be patient it'll come!
bullish pressure coming off a support level paired with a trendline as well but also on our smaller timeframes we have broken structure going bullish our target will be aiming for the previous high for a nice 1:3RR opportunity on this one! geoduck traders!
5 min had a change of structure as the 4 hr hits 50ma with a nice rejection candle as well as a trendline on the 4 hr chart ( Not Pictured but exists) hoping to take it to the previous high at 1.21700 based off ema support, change of market structure on the lower time frame with ema cross over approaching aggressive entry lets see how it goes! best of luck everybody
NZD/USD has been stuck in a consolidation box for awhile now and had finally broken the box we got a retest on the support of the consolidation box triggering an entry to our next resistance level which is easily identifiable on the weekly timeframe 1:6RR trade but on a higher timeframe there is a possibility of a retest of our bullish trendline but we have an...
Long term daily consolidation with a daily/4hr bullish trend inside emas bullish bullish bias looking for trendline/support level rejection move to the upside to hit our target at the resistance
Break of top trendline retest 1.78800 and move to the next resistance level of 1.79200
neckline of head and shoulders pattern falls at 61.8% Fib level retest downward trendline, 61.8% Fib and neckline of pattern proper rejection if reach's that level go long to the upside
major downtrend 1hr/30min break of structure/ double top target next lower low on daily/4hr charts