Ok my 24,800 projection just played out, next I expect a move back to the supply zone right around the 25,500 region, then back to my lower projection of 24,517, this not my thoughts just what the T.A suggest, happy trading folks
KAJARIACER looking good for 2-3 % in a week because it breakout the tradeline and resistance as well after retest . so there is a high probability to give 2-3 % in 3-4 days . will post again once it reaches to it target.
30 min chart signals long to $1960
NASDAQ:BYND According to my analysis we should see a move up once it breaks out of this price channel. I see it in my crystal candles haha I have my options and am ready for the move up! Anyone else in?
Check out the ascending triangle pattern and more interestingly the bullish inside bar pattern. IF the current candle closes bullish above the inside bar pattern it is a price action buy signal. Follow me in telegram messenger using the link below for live updates.
Double top / M formation completed. Price also re tested the minor resistance marked (pinning the level is a big price action clue) Entered @ market price 1.00608 and TP lower down at next support 0.99907 and SL above the high @ 1.00890 Don't bet the farm and always exercise healthy risk management :)
Looking to trade the bounce off the major support (marked the false breakout with a yellow box) Now that the impulse move has shown a retracement pinning the 61.8 Fib level making it good for a buy with a strong risk to reward ratio... I am buying at market price @ 0.70628 and TP @ 0.71601 (resistance) and SL below the low @ 0.70454 The market offers no...
Resistance tested as support and a buy signal (hammer) has printed. I am buying @ market price 111.379 with TP @ 111.986 and SL @ 111.059 Stop just below the support and take profit at the resistance level
This is a classic example of the TLS trading system using price action: Trend = down Level = resistance Signal = bearish engulfing (and a hanging man with confirmation) Stop loss @ 1.32199 and Take profit @ 1.30871 30 pip risk for 100 pip reward Dont bet the farm and always exercise healthy risk management :)
When checking the weekly time frame you can notice the higher lows and equal (more or less) highs which provides the emerging ascending triangle pattern. Price is now around the resistance area on the weekly time frame so I will be looking on H4 for a good entry to short this instrument (1000 pip potential) HOWEVER price is currently in an up trend when checking...
Going long on USDJPY 1. Price pinned the 50ema 2. Bullish engulfing candle pattern completed My stop is a tad below the moving average at 110.110 and take profit below resistance at 111.042 This set up is purely based on doing buys if price is above the 200ema using it as a trend filter and then the 50ema for entries targeting previous highs. This trade has a...
Breakout occurred followed by a re-test of the support as resistance. I am shorting @market price 1.87689 with my stop placed above the resistance level at 1.88672 and my take profit provisionally @ 1.84539 just above the support when using the swing low on the left marked with a yellow bar Don't bet the farm and always exeercise healthy risk management. This...
USDCHF has been battling to break those highs on the higher time frames so this is an indication that the bulls may be losing control.... Note the following: 1. Trend line broken to the down side 2. Support re tested as resistance and the candle popped a wick to the up side (clue) 3. 50 ema broken... I am shorting at market price @ 1.000281 with TP...
FX:USDJPY Welcome back to a new trading week :) Following some bullish trade ideas from last week and the week before, long orders were closed with little profit as the charts slowed down on the bulls and started to bring signs of bearish price action to the charts... I have applied the top down method in analysing to find on W1 and D1 time frame corresponding...
FX:AUDUSD After the massive wick I have been looking for a decent entry to go long. (I use the wicks as indicators - spike to the low, price goes up - spike the high, price goes down) Now checking on H4 I see a clear opportunity with great up side potential. 1. Trend line broken on H4 2. Bullish engulfing pattern printed on D1 (on support) 3. Hammer printed...
FX:AUDUSD What a beautiful drop after the double top formed at the resistance level - power! Price has reached the support level I marked up and the current candle is printing as a hammer (still needs to close as such) - I am getting ready to go long should: 1. The current candle close to complete the candle as a hammer (buy signal) 2. It would be ideal for...
FX:USDCAD Price is above 200ema = up trend Bounce taking place off trend line Bullish engulfing candle forming Price is on short term support My idea is to enter at market price 1.32096 SL below lows @ 1.31545 TP @ recent high 1.33110 (provisional and may be extended) Always exercise healthy risk management
1. A breakout to the down side occurred 2. Followed by a re test of the trend line from the under side 3. A sell signal would be ideal however.... I am taking an aggressive entry by shorting at market price 0.72356 SL Just above the breakout candle @ 0.72531 TP at the bottom of the rising trend around 0.70726 Always exercise healthy risk management :)