BTC Bottom for today?-Choppy price action most likely after the dump.
-Reasonable probability for some relief.
-Potential for SFP (swing failure pattern)
-Buying spot, observing for reaction. No stop-loss.
-If doesn't develop as expected idea invalid.
-Scalp trade.
D-scalp
EURJPY Buy Scalp Opportunity Welcome back! Here's an analysis of this pair!
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** BUY Signal for EURJPY using KiSS Strategy or your own strategy.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
#BITCOIN Scalp SetupIn this chart we are trying to find a LONG opportunity.
A way to find a possible scalp or pivot point is to look for where bottom or top of trends align with horizontal support & FIB levels like 0.382, 0.5 & 0.618.
When trading I give horizontal support with the most respect followed by the FIB's 0.618 being the strongest.
I do not trade diagonal trend support and resistance lines on their own as they can be subject to bias depending on how you place. To avoid bias in the diagonal trend lines you can mark the most touch points possible while keeping as much width as possible.
However when all these line up you might be looking at an opportunity. this works both long and short.
the blue circles shows all the times the white horizontal line has acted as support resistance. you can see early on in this pattern it was very active.
All these supports, trends and FIB's lining up with each other makes this a possible thesis on the very least being a scalp long here if not a price pivot.
remember to keep stop loss close but not to close to get caught in a stop hunt.
bank roll preservation is key. you ill be wrong more than right but you only need to be right once to make up for all the wrongs if you keep stop loss tight.
Going back to my earlier hidden bullish divergence thesis adds confluence as well to more strong bull case forming long term.
good luck trading
for more follow @brooklynboy436
XMR - LONG IDEA 45mA small bearish divergence (red line) seems to push the price back to the the local rising green buyzone indicating that we range again. 232 should be within reach if range is continued. It could repeat the double bottom on the RSI.
SCALP TP: 232 SL 215
Breakout TP:(Upper HIGH VWAP lines) 240 254
Any break past 213 could indicate short to 200 if the new buyzone is invalidated by; drop of 4 days high testing under the 214 buyzone area (3rd time hitting but not tested under)
breakout over 232 if double RSI bottom is formed we could breakout to to continue the upper vwap tp targets
UNISWAP !!!! SCALP TRADE !!! ACTIVE !! 2ND TRY!Bearish Shark Pattern on 1 hour.
long on a bullish engulfing candle at the touch of the channel.
looking for 1.618 as the target.
STOPPED YOU OUT THE FIRST TIME IT HAPPEN HERES THE SECOND TRY
Entry: $1818.93
Stoploss: $1811
Target: $1833.50ENTRY: $15.32
STOPLOSS: $15.00
TARGE: $17.40
GBPUSD Quick Scalp Sell The order chain block is a fantastic indicator it shows you which direction the market is moving. Also once you draw your support and resistance lines you can follow the trend which is important especially doing a quick scalp move I was able to sell and make some money. Always remember the trend is your friend until it end and also use proper risk management.
GBPCHF BUY SCALP Welcome back! Here's an analysis of this pair!
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**GBPCHF setting up for Buy Scalp...
Enter when the entry criteria of your strategy is met.
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GOLD - Wait for that DROP!Dear traders,
Finally, GOLD has reached the Supply zone.
Potential sells are incoming. The price might drop down to test the demand zone before going higher to 1834+
At the same time, it can just continue higher without any retracement.
Anyway, we must REACT NOT PREDICT!
Wait for a confirmation and use your own strategy for entry to get involved.
Don't forget to manage your risk properly.
DISCIPLINE
Strive for patience, perseverance, determination, & rational action.
Limit your losses, use stops.
Never cancel a stop loss order after you have placed it!
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
USDCHF Potential Scalp Short Welcome back! Here's an analysis of this pair!
** Potential short on EU...risky since daily structure is bullish. Price currently in reversal zone/supply where selling pressure is likely to come in. Follow the entry criteria rules for your strategy.
If you trade our KiSS 2.0 strategy, all rules almost confirmed...trigger time.
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Brian & Kenya Horton, BK Forex Academy
gold buys .. breakout or fakeout? Gold has broken out of a megaphone pattern that formed at a nice area of support on the daily and 4h chart. I expect gold to continue bullish to retest the 4h trendline that was broken a while back and possibly continue bullish much further. However, I would be happy to take profit at the retest.
AUDJPY Analysis Potential Buy from SupportWelcome back! Here's an analysis of this pair!
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** AUDJPY is currently rebounding from daily support. If the structure holds, it will proceed upward. Great opportunity for long during current NY Session.
Enter when the entry criteria of your strategy is met.
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Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy