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Confirmation

Script introduction: Volume Confirmation by BobRivera990The purpose of this script is to determine the response of trading volume to price action This is not an indicator but a set of four signals Bullish Strength Signal (Upward Green Triangle) : " If the resistance is broken with a small upper shadow is valid" this signal indicates the continuation of the bullish trend The trading volume in the last 7 candlesticks is relatively high If the bar is closed above the resistance level , It will probably turn into support.
BITSTAMP:BTCUSDLong
by BobRivera990
SUNDAY MARKET BREAKDOWN - MY WATCH LIST FOR THE WEEKHello traders and welcome to my weekly market breakdown In this video i will briefly run through my watch-list using technical analysis. Once these pairs give me a signal to trade i will place it into my community here at Honest Financial. I hope you have found this educational? If you like our content please like and follow the channel. Please comment below for feedback and what you would like to see regarding education or an asset analysis breakdown.
by HonestFXTA
NEOBTC (09-04-2021)Key Support Levels: - Fib Retracement 0.618 level (recent swing low to swing high) - Trendline (Two previous swing lows) - Anchored VWAP (Second & Third previous swing lows) - Fib Speed Resistance Fan (Second swing previous swing low to current swing high) - Key level (Old previous POC and Local LVN) - Monthly level (High time frame) - Fib Channel 0.25 level (High time frame swing highs and low) - Rising Channel Bottom (Previous - Current swing high to swing low) So we got a lot of nice non-biased levels that coincide in one location. I'm predicting that we will bottom out in around 2 weeks (according to fib time) plus we have plenty of reasons to bounce. It will be nice if we see the formation of a bullish reversal pattern heading down toward these levels along with strong bullish divergences. For example, a high time frame candlestick reversal pattern along with a mid/low time frame classic reversal pattern or a bullish harmonic pattern that provides an entry that also coincides with these support levels.
Long
by mcryps
EURUSD running in circlesHello ! For the moment, we have to wait to see if it reaches 1.9150 at first. As you can see, that level became somewhat of a support level, therefore entering a position without confirmation is a bad choice. After the level is reached, we should see if a long is a good option or not, because there are a few hundred pips worth taking, as an intraday short term trading. This is just an opinion, use due diligence, stop loss and take profit, after making your own analysis. Many thanks and cheers !
by MBGD
AUDNZD-Possible long on the 4hr (confirmation required)AUDNZD has shown an uptrend for approx 3 weeks. Today the sell off has provided an opportunity to jump on the back of this pair. See rationale below: 1) Near term uptrend 2) 100 EMA on 4hr (Red Line) has historically been a good place to buy 3) Indicative trend line drawn (However confirmation required from price action) What am I waiting for? Price to close above 100 EMA then add a long position with this pair. Update will follow if it moves in the anticipated direction, if not continue hunting! Hope you liked the idea! Happy Hunting!
Long
by Piphunter1887
EURUSD Confirmation requiredAlthough trend is bullish, as you can see, it tested the 1.21700 line, but no confirmation, therefore returned at 1.21400, and now is testing again. It tested it a couple of times, as you can notice, so you can expect the trend to continue. Best way to have the clear confirmation is at the 4h graph, one and a half hours from now. Afterwards, a long position can be opened, with a TP of at least 1.22, or even 1.23 if you want medium to long term, but use SL and/or TS for as loss recovery, in case things go south. Cheers !
Long
by MBGD
3
Always Wait For Confirmations 📚 Those who win at the Forex game are those who are able to build on their case to take a trade, whether it be fibonacci, moving average, patterns etc. The more confluence, the better. This is why it is important to always wait for your confluences to line up before taking a trade. For this particular trade, those who were waiting for the third touch of the upper resistance of the pattern, would've been stopped out if they had a tight stop loss. It would've been better to wait for more of your confirmations to line up so you can execute the trade knowing that there are more things on your side (other than chance!) See below for the current GBPNZD set up.
by WicktatorFX
3
Always Wait For Confirmations 📚 Those who win at the Forex game are those who are able to build on their case to take a trade, whether it be fibonacci, moving average, patterns etc. The more confluence, the better. This is why it is important to always wait for your confluences to line up before taking a trade. For this particular trade, those who were waiting for the third touch of the upper resistance of the pattern, would've been stopped out if they had a tight stop loss. It would've been better to wait for more of your confirmations to line up so you can execute the trade knowing that there are more things on your side (other than chance!) See below for the current GBPNZD set up.
Education
by WicktatorFX
7