Reasons to go long : breakout of bearish structure new high formed reaction from daily tf support nice bullish structure on 4H
Yesterday, we saw reaction at 1,0200 followed by rejection. It looks like this pullback will have enough strength to continue around 1,0360 which is the 61,8 Fibonacci level on the last move. Once we see the market trading around those levels, we will look for further sell positions. Don't forget about the ECB interest rate decision that comes out on Thursday....
Beautiful technical breakout to the upside in ETH after fueling up sideways for about 30 days. Careful chasing or establishing new positions here and now, but bigger picture, this is a nice bullish change of character for Ethereum.
I frankly forgot IBM still exist. Last month it slightly broke the ATH from March and April 2013. Yes, it can take 9 years to get rid of your bags. So, trade carefully and have your stop losses or exit plan in place. It's been in this massive channel on monthly for 9 years. Perhaps time to breakout? Earnings sent the stock slightly lower, but I'll keep my eye on it.
BTC has broken out of the down trend it has followed from 48k to 17.6k that I discussed in my previous idea which I'll link below. Though we have broken out the channel, how do we confirm a bullish sentiment for Bitcoin? Refer to the CHoCH(Change of character) which marks a confirmed change of trend. Here are the key levels needed for me to feel confident in a...
Am entering in on the retest for a quick 3.1R which becomes around 4R after scale-in. Like and Subscribe.
Entering this setup for 4.33R but with 2 potential scale-in levels. If all scale-in's work as planned a gain of 6.94R is gotten. Like and Subscribe.
Hello traders! Welcome Back to another episode with analyst Aadil1000x. For a Long time, Dragon was roaming above the clouds. When BTC was between 30-35K and the Majority of traders thought it was the bottom, Many whales were Buying, Billionaires also bought there and at that time I gave analysis that there is a dragon above the clouds which is not here to hunt...
Looking for a quick 1:3.9R with scale-in is 4.65R...worth the risk Like and Subscribe.
✅RIPPLE was trading in a downtrend But now we are seeing a bullish breakout So I am locally bullish biased And I think that the pair will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-CHF broke out of the falling channel Which makes me bullish biased on the pair But we need to wait for a pullback and retest of the level Before entering a long trade Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
For the short term i see those scenarios. On the 4h timeframe price broke 200MA (red line) and currently trading above it. To follow Yellow and Orange scenarios Bitcoin must hold above 20k. 200MA on 4h timeframe was strong resistance since 10th of april and in my opition that's why it is important for now. Current market structure is similar to bear flag so if...
Hello,Traders! EUR-NZD was trading in an expanding wedge But then the pair broke out of the wedge To the upside so I think now we will See a further move up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
I like the company overall. And it just hit an all time low. I already own a lot of shares, so i am interested in averaging my position. I have 2 different strategies or entries. 1- Above 98 2- At 87.60 (lows) Ideally we should wait for a break of the trendline. But it is looking like we just made a new lower high, so it could be reversing already
Pair: EURAUD Timeframe: 1H Analysis: Round number level, Strong support, volume profile, Currency strength index, trend channel Key Takeaway: Break of support ————— Level needed: Need to see price hit 1.48360 ————— Trade: Short RISK:REWARD : 1:6
Pair: AUDNZD Timeframe: 4H Analysis: Round number level, Strong resistance, Pennant pattern, volume profile, Currency strength index, trend lines Key Takeaway: Break of pennant pattern ————— Level needed: Need to see price hit 1.10760 ————— Trade: Long RISK:REWARD : 1:8
Pair: GBPCAD Timeframe: 4H Analysis: Round number level, Strong resistance, Trend Channel, volume profile, Currency strength index Key Takeaway: Break of trend channel ————— Level needed: Need to see price hit 1.5545 ————— Trade: Long RISK:REWARD : 1:4
hi there guys I hope you all have a great day👋. in this idea 💡 I'm showing you 2 scenarios one for bulls and one for bears. and the reason for that is because we are in a important area therefore I want you all to know that the probability is favor to bears. ***I want you to feel free to leave comments for me and tell me your idea*** ps( I just opened a short...