NZDUSD, cypher bullish 15 min timeframe. In the small World, there will be wins, and trades.
Still wait for the gartley, 1 week.
Are you fast?, let's wait for the dip. And the D point, market have been oversold, let's a few pips more, and we will hit it.
Targets 1: 0.73014
Targets 2: 0.73097
Stop loss: 0.72770.
15min
No HODLing! Scalping intraday with price action (Trade examples)Just holding Bitcoin is a big bet on the future. Scalping intraday on the other hand can provide a regular income.
Making 2% or 3% per trade with low risk several times a day?
That is often possible scalping from the 15 min chart.
The marked trades all have tight stops with 1% - 2% risk, profit targets are always bigger than stops.
Let's look at the six trading examples in the chart, I have marked entry bars with numbered arrows:
Trade 1 - Short:
- new low expected after trendline break (also 1.leg)
- second leg down expected
- second attempt to go lower (second entry short)
Trade 2 - Long:
- second entry long from support (low of range)
- pullback to EMA expected
- target: breakeven stops of shorts (from trade 1)
Trade 3 - Short:
- short term uptrend broken + new high
- range trading expected (prices move above and below EMA)
- turned down at resistance level (11.200)
Trade 4 - Short:
- turned down at possible channel line, confirming it
- failed break higher out of tight range
- retest of lows at 10.850 + 10.700 expected
Trade 5 - Long:
- failed second entry short (second attempt to go lower after low failed)
- target at 10.200 has been reached (2. big leg down completed)
- new uptrend: target at resistance levels 10.670 + 10.900
Trade 6 - Short:
- steep uptrend broken + 2 legs to new high
- resistance at 10.900 reached
- retest of the lows at 10.200 expected because first break of big downtrend channel
- min. target: retest of upper downtrend line 10.600
What is happening right now?
Trade 6 would have been the perfect entry, because a steep downtrend emerged.
Now we had a new low after the break of that bigger channel (with a midline). T
he steeper short term downtrend has also been broken and then a new low occurred. You see the same pattern over and over again?
That means we could enter a sideways movement from here, but right now BTC is still moving below the EMA and inside the downtrend channel.
So there is still risk of getting another leg down with a target of 9.600.
Does it even matter which coin you choose?This is a 15-min side-by-side comparison of the 4 coins in GDAX market. Notice how they all move in tandem. Makes me think that it literally doesn't matter which coin you invest in. They all have the same percentage gains/declines.
- The entirety of the "value" of each coin has been lost on the market.
- It doesn't matter what is "special" about each coin. Speed of transactions, transaction fees, etc. It all goes out the window.
- Crypto has become simply a numbers game, and it doesn't matter which horse you bet on.
USD/JPY Reverse Divergence ShortThis idea is solely based on technicals. no fundamentals is considered on this analysis but I would recommend looking into fundamentals before taking a trade. As you can see we have a reverse divergence on the 15 mins chart. If you look at price on the chart it has made two peak lower lows but the indicator is showing different. With that being said you can see price is in a massive range so i would put take profit at the bottom of the page and sell on a reversal price action candle stick formation.
BEARISH FLAG ( AT )Dear Traders & Followers,
There is a possibility to go short from the price of 1.2040
to the level of 1.1975.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
Possible scalping entry for EUR/USD (long)There is a possible market entry for scalping in EUR/USD.
Since the price make a nearly perfect of cypher patter in combine with fib retracement.
Go long for now and place a TP in the price of where the 0.786 fib retracement is + mayor resistance (black line) + the end of D line of chyper pattern.
Good luck! ;)