Waiting to see if NAS100 falls below the daily close from yesterday. If so, there is a good chance it will continue to trend bearish for the next 30 minutes to an hour.
Lets play a game... how many daily candles will close below this daily level? Leave a comment below! Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial...
Hello guys Everyone who is Elite member - wait for proving decision if price will close that way GBPCHF currency pair is at overall bearish trending and bearish territory, which means price might hit higher levels or break H4 lower low level correctly. If price will continue higher, we have to take advantage from buy side on daily chart. Daily chart giving us a...
Technical analysis: Welcome to this quick update everyone #BTCUSD Bitcoin is Consolidating in Descending Triangle from last 14 Days. Volume has Continuously Decreasing, Time for a big Move? So far Bulls Defending the 34.5k Horizontal Support, If daily Candle Closed Below 34.5k then Next Stop would be Below 30k 📉 If bitcoin Remains Above the Horizontal Support...
GBPCHF Entry 1.18998 Exit 1.17521 // Parallel Channel
A daily break and close above, then retest of structure would present a good opportunity to capitalise on the possibility of creating a higher high on the weekly time frame; targetting the 127.2% fib extension of the weekly retracement!
With the possibility of completing the daily inverted H&S, a daily close above structure may be a confirmation and signal to start looking for entries
I'm watching this closely, because a close beneath the trend could signal much further loss of price. There's is no substantial buy volume at levels heading towards low 8k and beyond that it gets worse. If it can close and recover above the trend it'll show a continuation of the existing 3 time confirmed trend line holding, a good place for a long scalp back...
Nice daily close, above $9550 support. I hope we will rather go north than south. Considering ~ $9400 for longs and ~$9999 for shorts. Honestly, it looks like it could mega pump (or mega dump) at any moment. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
Tim's MA=X trade mgmt Standard Trade Management Rules 1) If, after entry, the candle closes back on the opposite side of the 20EMA, close for a loss 2) Full Size Position if Vol >= 100% vol avg 1/2-Size Position if Vol >= 75% vol avg 3) Stop-Loss = 1.5 X ATR 1st Target = 1 X ATR 4) 1/2 off at 1st Target for profit - move Stop-Loss to break-even on remainder
Price has retraced to key support level (DAILY) and broke bearish variation (H4). we can see price going up from here in this idea.
Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
Price is in consolidation, a daily candle close above 0.89000 is needed for longs & a daily closure below 88.400 is needed for potential shorts.. Will be watching for price to choose a direction