EURCAD-1H-LongHi folks;
After breakout and retest,it is time to get long for this pair till T.P1.
Please put your comment and like .
If you would like my vision , analysis please follow me thanks guys.
Breakandretest
$IOTA/BTC 4h (Binance Spot) Falling wedge breakoutMiota is trending inside an ascending channel and has broken out of that falling wedge.
Let's wait for a pull-back and try to catch it on 50MA support retest, which is also a demand zone!
Current Price= 0.00002450
Buy Entry= 0.00002385 - 0.00002323
Take Profit= 0.00002659 | 0.00002898 | 0.00003316
Stop Loss= 0.00002150
Risk/Reward= 1:1.5 | 1:2.67 | 1:4.72
Expected Profit= +12.96% | +23.11% | +40.87%
Possible Loss= -8.67%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
BULLISH GBP/CAD- Divergense at 1h, 30m, 15m.
- Rejection from a resistanse zone.
- Wait for break and retest of rejection zone.
NEAR// Near New ATHs!Nothing complicated...break & retest...following volume along with riding the BTC momentum.
Got a good rejection from the broken resistance now support. Would be best to wait on a second bullish candle and then look for entries. As of right now, everything is bullish.
Rolls Royce Trade Review - 20% profit in just 3 weeks!Hi traders,
This is the first in a series of trade reviews that I will be doing for TradingView viewers where each week I will review one or two of my trades. We will outline why we entered them and also how they went.
This is meant only for educational purposes for you to learn some of the skills that I implement when trading.
In this trade I used a very simple break and retest of a key level as the investment strategy.
If you have any questions then please let me know in the comments.
GBP/JPY TO THE MOON! (Trade Analysis) Hello everyone, today I am going to share a trade setup that I saw this morning. Feel free to let me know what you all think. Thanks!
Bitcoin New High!Bitcoin has pushed through a very strong supply and demand area (40-46k) and has tested this zone before starting a bull run again. Expect to break previous high and reach 63k!
Chilliz// Break & Re-testLooking on the 4H, price has broken and closed above an area of resistance. When this happens it is expected that price must then retest the broken structure to continue up...or fall back into the zone which would then be a false breakout.
If the next few candles can close above this level showing some price rejection, this may be an indication of a possible leg up. Creating new ATHs.
$WAVES/USDT 90m (Binance Futures) Symmetrical triangle breakoutWaves broke bullish and is retesting it right now, looks like a good opportunity!
Current Price= 9.3361
Buy Entry= 9.3764 - 9.0944
Take Profit= 10.4570 | 12.4055 | 14.0974
Stop Loss= 8.2860
Risk/Reward= 1:1.3 | 1:3.36 | 1:5.15
Expected Profit= +26.58% | +68.80% | +105.46%
Possible Loss= -20.46%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 10 days
GBPUSD SellIf the Dollar is stronger than the pound this week I will be looking to sell to the weekly level.
GBPJPY RangeGJ is currently ranging. I will be waiting for a break and retest either to the upside or down.
EURUSD SellOnly trading the break and retest strategy. The break has already happened now I am waiting for a retest with multiple wick rejections to confirm a sell. If the sell opportunity is there I will be looking to sell to the weekly level @1.18430.
USDJPY ANALYSISDon't forget to hit like and leave comment down below! 👍
Hello traders!
Here are my thoughts on USD/JPY.
Price has been recently creating a strong push phase to the upside while not creating almost any lows. My approach to this situation is to wait till price comes back to the support line and then will enter long on the 4h chart.
📈📉Trends:
⏳ Weekly- BULLISH
⌛️ Daily- BULLISH
🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level
Trade will be taken only if all conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦
Have a wonderful and profitable day! ❤️
- ProfitalzTrading
GOLD ANALYSIS Don't forget to hit like and leave comment down below! 👍
Hello traders!
Here are my thoughts on Gold.
I would like to share opportunity I found on the 4h timeframe.
This is a simple break and re-test trend following strategy. Please wait for re-test before entering this trade.
📈📉Trends:
⏳ Weekly- Bearish
⌛️ Daily- Bearish
🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level
Trade will be taken only if all conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦
Have a wonderful and profitable day! ❤️
- ProfitalzTrading
BEARISH EUR/USDHad a 61.8 pull back, at a trend line hit.
hit at the outside of the trendline on its way down.
Finished a reversal zone
Dollar Index// Update 💸💸 Reasons not to enter:
- We haven't had a close daily close within the channel.
- Price is above 20EMA showing bullish momentum to top of BB.
- There's still a lot of bullish momentum.
There is a possibility to break out and continue higher to form another harmonic pattern at the last high, from which we could have a pull back to retest the broken TL and continue back up....OR a pullback all the way into the channel retesting the broken smaller wedge then continue within the bigger channel downwards.
Let me hear your thoughts. Check comments for more on this.
EURJPY-4H-Correction for 4th waveHi guys;
Currently this pair is completing the 4th wave as a correction till demand zone( the second grey zone or lower trendline ) after that we expect that it starts a new impulse as a 5th wave.
Please put your comment and like .
If you would like my vision , analysis please follow me thanks guys.
Break and Retest On The Weekly Chart For Gold? As the week comes to an end I can see that gold has reached a potential break and retest area on the weekly chart. The price of gold could start going up back perhaps even to the previous highs marked by the first gold area of the Fibonacci. For now, we must wait for the forex gods to decided where price action will continue next week. Do you agree? Disagree? I look forward to knowing what other gold traders are thinking.
GBPJPY BUYAfter price made a n extreme high during the asian session 2 days ago, price action has been bullish and has broken above that new high. On the 15 minute chart here we can see that Price is now retesting that major high with confluence with the golden fibonacci zone( the 50% and 61.8%). I will be waiting for price to come into the zone and give me some entry confirmations such as a doji or bullish engulfing. If that happens, I will set stops below the zone at the -78.6 extension. I'll be running 2 positions. One for TP1( - 27.00 extension) and the other for TP2( -61.8 extesion,). Stops will be set to BE after price reaches TP1. Lets see if the setup fully occurs or if price just blows past the new found support.
RISK MANAGMENT
Potential Gold Buys -Weekly and Daily Timeframes are still bearish
-4H timeframe recently flipped bullish
-Price came down and retested the previous resistance area creating a new higher low
-Retest at confluence zone at Fib 50-61.80%
-Potential buys on gold after we break the previous high (Above 1816.500)
-Best entry would be after breakout and retest at 1814-1816 area
-Possible TP would be 1840 (green line) which is also a monthly trend line
A WALKTHROUGH SCALPING GOLD ON THE 1 MINUTE CHART This morning I was able to find a setup for gold on the lower time frames. Feel free to leave some feedback.
EURJPY- BREAK AND RETEST POSSIBLE LONG OPPORTUNITYDon't forget to hit like and leave comment down below! 👍
Hello traders!
Here are my thoughts on EUR/JPY.
As we can see on the weekly chart below, price is in nice and healthy uptrend, creating HH's and HL's while also staying above 50 MA.
On the daily, we can see a nice break of structure. After that, a retracement from resistance occurred. This is a great trade for break and re-test traders like myself. Please, wait till price closes above resistance and wait for confirmation of re-test level!
📈📉Trends:
⏳ Weekly- Bullish
⌛️ Daily- Bullish
🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level
Trade will be taken only if all conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦
Have a wonderful and profitable day! ❤️
- ProfitalzTrading
