penguintrader

penguintrader

Market structure- Hl made pushing against resistance Broke down trend Need break in resistance to go long above 1.278 No entry if it breaks the uptrend from here.

penguintrader

Direction uncertain. Within a downtrend, however showing signs of a reversal Stated what to look for on the image.

penguintrader

Indescision is the theme currently, Pushing sideways on the 1H. Breaks above those resistance/support levels labelled will give further insight into which direction we are heading.

penguintrader

Market structure has changed, looking for long setups, Awaiting confirmation. Key points noted on chart.

penguintrader

Waiting for confirmation. Direction is likely bullish however its not about where it goes its about finding winning trades What were looking for is some action and breaks below 1970 Or holding above and changing MS.

penguintrader

Long Vs shorts arguements and potential setups described in photo.

penguintrader

Currently in a no trade zone, direction isnt clear Described what to look out for to confirm a trade to the upside or the downside.

penguintrader

2 trades described, listed on the photo 1 an earlier entry -> risk is HL not yet confirmed, HL assumed based on candles and fibs. 2 different setup waiting for break in resistance

penguintrader

BCH long trade idea, Waiting for confirmation, Criteria posted on photo

penguintrader Updated 

This setup is better overall, No downtrend Has retraced past 60s fibs Market structure has changed, this is more probable to play out trade.

penguintrader

Doing some testing with my trade plan I reckon this is risky as it hasn't broken the down trend and hasn't gone past fib levels yet Even though Market structure has started to change and its made a HL. Compare this to the ETH analysis i will post next

penguintrader

looking for something like this on the 1H Are you guys familiar with the long position/short position tool? limit vs market entry, entering on a close and RRR?

penguintrader

Had a bounce of 31 fibs on the 4H Waiting for change in MS, break in trend and res To go long XRP on 1H

penguintrader

Will be looking for bit of a retrace on the 1H up to 62k Rejection of resistance Bullish volume + candles for confirmation into a short trade. TP in place, BTC momentum is slowing on the daily. entering a period of indescision

penguintrader

pls excuse the mess looking for long opportunities, First sign will be a change in market structure on the 1H. Then looking for the usual confirmations, candle analysis + volume...

penguintrader

started to retrace now looking now for opportunities to go long Looking for bullish candle, with volume on fibs. for a new 4H trend.

penguintrader

Looking for closes below the resistance level. Will need change in market structure to go long

penguintrader

Due for a retrace overall Looking for change in market structure and break below support. 4H and Daily still very bullish remember to trade your own trade plans.