Breakout from upperside of Ascending triangle and that is enough for me
Bought gold with many lots because of bullish trend and ascending triangle has been formed
Mad Ascending triangle and ascending trend for that reason I am going to buy with huge lots
Larger Trend - Bearish Smaller Trend - Bearish Descending Triangle has formed in 1h tf. Selling....
Larger Trend: Consolidation Phase Smaller Trend: Bearish (Breaked 4h choch) Overall Bearish
Looking forward to it to either form flag or move towards potential buy zone
Look for something essential in price if reaches to potential buy zone.
Larger Trend: Bullish Smaller Trend: Bearish Buy Scenerio: 1. Price reaches to buy zone, put stoploss at below of buy zone and tp must be at mid range.
Larger Trend: Bullish Smaller Trend: Bearish to Bullish Range: In lower range Anticipation Scenerios: 1. If price breaks Choch again buy and stoploss at previous LL. 2. If price tested buy demand again buy and stoploss at below buy zone TP should be 1:1.5
Mainly price moves in range and prices descends to supply zone
1. Price reaches to swing high 2. Bearish harmonic pattern 3. Rising Wedge 4. Formed bearish Divergence
* Price Action Trend -> Bearish * MACD crossed above -> Bearish * Price below 200 EMA high/low/close * Wait for swing low break * Put stoploss at previous lower high
Engaging in trading activities by relying on the analysis of patterns involves the systematic examination of historical price movements and formations in financial markets. Traders who employ this approach typically scrutinize charts and identify recurring patterns, such as triangles, head and shoulders, or candlestick formations, to make informed decisions about...
Engaging in trading activities by relying on the analysis of patterns involves the systematic examination of historical price movements and formations in financial markets. Traders who employ this approach typically scrutinize charts and identify recurring patterns, such as triangles, head and shoulders, or candlestick formations, to make informed decisions about...
BTCUSD - IS bullish in larger time frame like 1w and 1d but in range in 1h timefram