as you can see on the chart everything is explained we need to wait for all the rules to be met in order for us to enter our trade
gbpusd next week idea let's see what happened when all the rules are met :p
nzdcad broke an up trend and retest it also is touching a strong resistance its a high confluence area all we need to do is wait for 4h red candle to close below this zone and we can enter short another tip for high confirmation is to draw a small uptrend where the price is showing a small uptrend on 4h if he breaks it by a red candle we confirm our entry as well
the price go to a powerful resistance on a monthly we think he will go down first we need to wait the monthly candle to closes and then we can go daily and see the market movement and the candles if a 2 daily strong bearish red candles rejects from this level then we take it short
the general trend is down he broke the small up trend and retest it we look for a bearish candle as a confirmation we suggest bearish engulfing and we took it short
waiting for our sell opportunity on audcad :p so all we need is wait for it for confirmation
as you can see price touches resistance 3 times and he didn't manage to broke through it a lot of traders will take it short but its risky so we will have 2 scenarios here either he broke the resistance along with the upper line and close above them we took our long position or he go back retest the broken down trend and open 1 to 2 green candles we took it long...
price must touch the upper channel along with resistance and the broke of the small up trend on either daily or 4h chart we took our trade on 4h chart or daily chart our tp target is 0.83232 and our sl is 0.84640
btcusdt broke a strong resistance dont enter now wait for at least another green candle on 4h tf to broke the 2nd level and we will took it long instead of short as i said dont enter without either the bullish candle closes above the level or another green candle close above it i suggest another green candle closes above for higher entry ps; the candle must close...
if he broke the resistance by 1 or 2 green candles we take long if he broke the small up trend by 1 or 2 green candles we take short
wait for a green candle to broke the down trend + the resistance and enter long you can either wait for a big 4h green candlestick or 2 green candlestick on 1h chart as a confirmation
if 1 or 2 green candles broke the resistance area then we take it long to the next level as you can see on the chart
wait for a red candle to close below the small up trend and take it short there are 3 targets as you can see on the chart and sl above the resistance line just a smile reminder if it hit tp 1 and broke the support u can place ur s.l above it and so on i hope u like my idea u can also share ur ideas or right a comment down below
good entry on btcusdt as you can see guys on the chart
eurcad strong entry he broke a strong support i suggest entering when the 4h candle closes or either wait till monday market opens don"t miss it guys and you can share you idea with me
another idea on gbpusd if 2 green candles closes above those areas we take long as you can see on the chart so now we have 2 ideas for both long and short
as you can see if the down trend is broken on the 4h chart and also a a good red candle closes below the support line as a confirmation we take it short in the 1h chart