on DAILY: EURNZD is approaching a strong support/resistance zone in blue so we will be looking for objective buy setups on lower timeframes. on M30: this pair is still overall bearish making lower lows and lower highs, and it is now forming a trendline (not valid yet). so we are waiting for a third swing to form around it to consider it objective and enter on...
on H1: price formed a new swing around our red trendline and broke it upward, so we could have entered a buy. on DAILY: Currently, price is retesting a strong support/resistance zone in red so we will be looking for objective sell setups on lower timeframes. on M30: price formed an objective double top pattern and broke its neckline downward so we are currently...
Hi traders, I would like to share my yesterday´s trade in the IOVA market. We can easily see some relative strength compared to the SPY. (especially during the Coronavirus crisis) -> Long sign. This market went up with confidence and Insiders increased their LONG positions => they believe that their company will rise. So If you want, you can take the trade...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
on WEEKLY: price is approaching a strong support/resistance zone in green so we will be looking for objective sell setups on lower timeframes. unless price breaks it upward aggressively, then we will be looking for objective buy setups on its retest. on H4: price is trading inside our red channel (not valid yet) so we are waiting for a third swing to form around...
on WEEKLY: price is overall bearish making lower lows and lower highs inside our brown channel, and it is currently sitting around our upper trendline so we will be looking for objective trend-following sell setups on lower timeframes. keeping in mind that price can still test our upper red resistance in red before going downward. on H1: price is trading inside...
on DAILY: price is sitting around a strong supply zone in red so we will be looking for objective sell setups on lower timeframes. Keeping in mind that price can still test our Supply zone again to get more liquidity to be able to push price lower. on M30: price is trading inside an objective wedge pattern in orange, so we are waiting for an objective breakout...
on WEEKLY: price is trading around a strong support/resistance zone in red so we will be looking for objective sell setups on lower timeframes. Keeping in mind that price can still go up to test our brown trendline to get more liquidity to be able to push downward. on M30: we are waiting for an objective below our lower orange trendline last swing standing to...
on DAILY: DAX is filling our previous GAP and it is now approaching a strong resistance in red so we will be looking for objective sell setups on lower timeframes. on H1: price is forming a new channel in red (not valid yet) so we are waiting for a new swing to form around it to consider it our last swing standing and then enter on its break downward.
on DAILY: price is sitting around a strong support and demand area so we will be looking for objective buy setups on lower timeframes. on H4: price formed an inverse head and shoulders pattern, and we will be waiting for a momentum candle close above our neckline in gray to buy USDHKD long-term
on WEEKLY: EURSEK is overall bullish making higher highs and higher lows, and it is currently sitting around our lower blue trendline so we will be looking for objective buy setups on lower timeframes. on H1: price formed an objective wedge pattern in red, so we are waiting for a momentum candle close above its last swing standing to buy. we also have divergence...
price broke our symmetrical triangle in red upward but we didn't buy, as mentioned last week, we can expect price to test our red zone before going downward to get more liquidity, but we are interested in selling this pair as price is sitting around a strong resistance zone. AUDUSD is approaching our red rejection zone from Daily timeframe so we will be looking...
on DAILY: EURUSD is sitting around a strong support/resistance zone so we will be looking for objective sell setups on lower timeframes on M30: price is forming a channel in orange, so we are waiting for a new swing to form around our lower orange channel and then sell on its break downward. we also have divergence on MACD adding more confluence to our sell setup
on DAILY: price is sitting around a strong support/resistance zone in red so we will be looking for objective sell setups on lower timeframes. on H1: price is overall bullish making higher highs and higher lows so we are overall bullish. However, price is sitting around resistance and we have a bearish divergence on MACD. Moreover, price is trading inside a...
we are waiting for a momentum candle close below our lower blue trendline to sell this one long-term. meanwhile, our blue trendline acts as support, so we will be looking for objective buy setups on lower timeframes.
GOLD broke our symmetrical red triangle upward and traded higher, so we would be overall bullish here until an objective sell setup is activated since price is sitting around a supply zone in green. waiting for an objective break below our blue trendline or red trendline to sell GOLD long-term. meanwhile, GOLD is still overall bullish and can still test the...
as expected, price rejected our round number 10.00 and resistance/supply zone in blue. then price found support around our lower red trendline forming a new swing around it, so our red trendline is now valid and we are waiting for an objective break below it to sell Bitcoin long-term. meanwhile, price is retesting our 10.00 level again so we will be looking for...
As expected, price is retesting our previous resistance in red. Price didn't break below our double top neckline, so we didn't sell. then price broke above our upper blue trendline objectively, and we will keep holding our buy until as long as price is trading above our orange trendline. (or until an objective sell setup is activated)