BINANCE:OPUSDT cannot get out of the bears' clutches. The market continues to form its movement under the pressure of the downtrend. There are important events ahead that could shake up the trading community.... Bitcoin, as well as the rest of the cryptocurrency market continues to decline. Cryptocurrencies are not reacting to Trump's speech in any way, but...
A good entry was made with a 0.15% drawdown from the hourly order block after MSS confirmation, with a 1:6 risk-reward ratio. The target is to take out the local equal highs in the daily imbalance zone. I'll see what the market forms there. There's a possibility of reaching the midpoint of the imbalance at 0.5520
The EURCAD pair is currently at a crucial horizontal level and has formed a double top pattern on the 4-hour chart. To consider taking a short position, traders should wait for a bearish breakout below the neckline of the pattern. A confirmation of this breakout would be a 4-hour candle closing below the key level of 1.5103. If this happens, we can anticipate a...
EURCAD is currently at a critical horizontal level and has formed a double top pattern on the 4-hour chart. To consider shorting the pair, traders should wait for a bearish breakout below the neckline of the pattern. Confirmation of this breakout would be a 4-hour candle closing below the key level of 1.5103. If this occurs, a bearish continuation towards...
Hello, fellow traders! Today, I’m diving into Bitcoin’s recent price action following the Fed's rate cut decision. Bitcoin has been stuck in a range for some time, and the recent -50bps rate cut has triggered a positive market reaction. Let's break down what this could mean for Bitcoin's next move, with a focus on the developing Double Bottom pattern. ...
I'm seeing the early stages of a double bottom pattern forming in Micron's ( NASDAQ:MU ) price action. While the stock remains under the 150-day SMA at $112 , a breakout above the $90 neckline could signal a reversal with an upside target around $140—a potential 55% gain. This setup is still far from confirmed and represents a high-risk trade , but it...
Using ICT principles and 150 SMA those are my thoughts. We will need to close this 48K wick and then up only
GBPJPY reversed bearish trend, now moving in bullish trend. Bullish divergence and double bottom reversal pattern also indicate bullish trend ahead.
We can attempt to buy UNIUSDT from specified level as it break LH , also there is bullish divergence occur indicate that it moves upward. SL , TP mention in chart.
as a day trader you always got to look at what the market is telling you and listen to the sign it shows you, yesterday we were looking for shorts if the market continued to retest the liquidity zone 1.949-1.947 but now it has clearly broken the structure of a sell and im looking for the retest at 1.949 for a buy limit activated to the upside past equal highs
The release of US Initial Jobless Claims made GBPUSD drop rapidly. The price formed a double top pattern and formed an imbalance bearish candle, violating its neckline. The pair may drop lower now. Goals: 1.3218 / 1.3180 ❤️Please, support my work with like, thank you!❤️
Overview: The chart for NETFSILVER (Nippon India ETF) is showing a classic Double Bottom pattern, a bullish reversal signal that suggests a potential upward move. This pattern emerged after a period of consolidation near the ₹78.52 support zone, followed by two distinct troughs, marked as Bottom 1 and Bottom 2 on the chart. Key Technical Highlights: Double...
AUDJPY may retrace from a key daily resistance. The pair looks quite overbought after a strong bullish rally. The market leaves clear signs of weakness, forming a tiny double top pattern on an hourly time frame. We can expect a bearish movement at least to 96.6 ❤️Please, support my work with like, thank you!❤️
I'm anticipating first solar to fill that imbalance that has till around 306. It also rejected off the 50 EMA twice indicating a lot of support around the 190 to 210 area.
since luna dit not sucessfu;;y abroke the high, its a short. most likely u wil come back to the FVG . maybe after that we will continue up.
NZDCHF will most likely pullback from a key intraday/daily horizontal support. As a confirmation, the price formed a double bottom pattern on a 4H and a strong bullish imbalance then. Goals: 0.5248 / 0.526 ❤️Please, support my work with like, thank you!❤️
TLS actually has a valid trade, but the problem is, it's on a weekly, so the hold time is in years
🔹 USDCNH Analysis on 1HR chart - The current Trend is Bearish - Bullish divergence is present - If HH is break we will take long position 🔹 Trade Plan - Entry Level = 7.10808 - Stop Loss = 7.09450 - TP1 = 7.12170 - TP2 = 7.13520 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with...