D-scalp
bearish scalp idea (downtrend = 4 validation points)-Yurlo
If the downtrend gets 4 validation touches on the trend line things could get very messy very quick for bitcoin in the next few weeks and early january.
Will post updates as the day further proceeds.
Please hit the like buttonn/leave a comment if you have any questions 👍🏼
GBOUSD CONTINUATION DOWNWARDSWhats up guys, back with another idea. Dont forget to leave a like and if you wanna stay updated with my ideas go ahead and follow the page! We are getting better everyday.
Now, on with the idea:
So, we see that pre NY session, the pound was stuck in a consolidation zone. We can take from that, price is getting ready for a major play. WE can see the tall wicks at the tops of certain candles, telling us sellers are pushing down. Pair that with the fact that we are making lower highs in the process. We can conclude we are forming a down trend and we can proceed to see a drop to the lower supports i have marked. the green dashed lines being targets and the blue being a major level.
Remember to use price action, risk management and be patient. Play the game, dont rush it.
Trade Smart, Trade Precise. Lets get it snipers
EUR/USD Sells- Price is bearish on 3/4 timeframes, increasing the probability of a short
- Price broke below precious support and came back for a retest
- With the creation of a bearish candle with no lower wick I anticipated a move downwards
- Price moved upwards on a retrace and I entered a sell to get a better entry price
Short scalp trade idea (bitcoin) watch for s/r flips-Yurlo
Just woke up from my nap and saw I had some short orders get filled at $24,099.99 & will add on any break of $23,850 on an hourly or four hour close.
Will post more updates as the day goes on, I'm 10 for 10 in the green on my last trades over the weekend so I'm bound to be wrong at some point.
Christmas is coming up and fork those of you who celebrate the I hope you're having a nice start to your hoidays despise everything happening around us in 2020.
Big things coming in 2021 get ready.
BE CAREFUL FOR SHORT TERM DOWNSIDE (bitcoin) bearish -Yurlo (Please tap that like button for me) 👍🏼
We might end up seeing some short term downside (this would be considered a scalp in my eyes) in and out same day.
Please tap that like button if you've enjoyed my recent calls lately i hope you're all making money!
Feel free if you guys have any questions or anything about the TA or thought process!
GBPUSD Continuation upwards next week Whats up snipers, im back with another idea! Didnt post much last week because I had a humbling experience in the markets on Thursday. Non the less, i allowed that to shape me into a better trader. All that being said, im going to continue to provide the best ideas i can to you guys so please SMASH THAT LIKE BUTTON!!
Lets get into it:
SO we see on the 4H chart, we have a pretty confident uptrend already formed. The tricky part of this is determining whether this is a pull back or a reversal from the uptrend that we currently have. What we can use to determine the momentum is of course an RSI, however, this is only an insight. We must look further into the charts to figure out what price wants to tell us.
As we look at my markup here, we can see the 2 blue lines are key levels on letting us know if we continue the trend or break back down. We also see this bullish candle engulfing the previous on the 1H; also a bullish sign. If we take a look at the 4H, we see the wicks on the bottom of the previous candles, long bottoms, telling us we can continue upwards.
We can wait for price to break or get rejected by the yellow dashed line, then plan an entry from there.
Remember, Price action is the Only action
Trade safe, trade precise yall. PROMISE I WILL POST MUCH MORE FREQUENTLY, I NEED TO STOP SLACKING LOL