Get started

Entry

Long setup - short term ETHUSD Long setup - Short term Welcome everyone, we have trade setup developing for ETHUSD, following pretty much the same path as Bitcoin (which we looked at yesterday, and our trade got activated ), only looking a bit weaker. DAILY We’re still working well within our downward channel. kind of bouncing around the median line. And perhaps this is is a tradable bounce to the upside, we’ll see in a moment on the 2HR timeframe. We have to recognize, similar to bitcoin, that we are still in a downward trend, and in a bear market. So any bounce to the upside must be treated with caution, as we believe we still have some downwards action to come before the market reaches a bottom. We can see ichimoku showing us a weak bullish tk cross beneath the kumo. and the kijun is pointing downwards. We will need this to point up to have signs of bullish momentum, and to do that the price needs to make a higher high, which we are waiting patiently for it to do.. Let’s have a look at the 2HR chart now 2HR The correction from yesterdays up move is a bit more violent than bitcoins, but that is to be expected. For now no panic yet, we need to close convincingly above the breakout level (and break the upwards channel) before we can enter the breakout trade. breakout level: 495 Invalidation: 400 First target: 564 Second target: 615 Maximum target: 666 Another option is to see where this retracement takes us, we\re seeing no strong reaction yet at the kijun, so perhaps it will find support somewhere between the .5 and .618 fib level. Where the price bounces depends on the strength of the last upmove, if it is strong the .382 level could very well hold. This is much seen in crypto, so let's see if price holds that level, or breaks through. For now, again, we wait until price tells us where it wants to go, then we will join it.
BITSTAMP:ETHUSDLong
by DariusZen
BTC BAT Harmonics - Daily ChartMy outlook on BTC. I'm not 100% convinced on this recent bounce, waiting for confirmation for a new uptrend, or another sell off. - Major resistance around $11,800 - Major support around $6,000 - Expect to find resistance around Fibonacci levels. A break above the pennant (Blue Line) will likely see a rise to the major resistance line. A break below the pennant (Blue Line) *may* see a sell off to point C in purple, or a double bottom at $6,000 with major support. Long term target of $18,000
BITFINEX:BTCUSD
by LiamHillier
Gartley pattern failed with PIVX, but butterfly keeps me hopefulAs with PINK, the Gartley pattern we found with PIVX hit the stop-loss levels for those trades, but I was able to find near-perfect butterfly patterns in both cases after adjusting primarly just the X and D points of the Gartley patterns. Bitcoin -3.42% has hit a somewhat signficant 1.27 extension level, and I'm still hopeful of a triple bottom playing out based on a number of factors. Unless it breaks below $5900 I'll stay as optimistic as possible.
Long
by tomtourettes
1
How to enter a trade at the right time! I get asked all the time about trading entries, so here you are, this is my strategy for how I enter trades based on price action, and while price action doesn't tell you the future, it enables you to read what is happening with the most important aspect on any chart, what is the market willing to pay for an instrument, the price! This chart is a daily chart, I use long-term charts to find my levels (support and resistance) and what the trade is doing over a long period which impacts the short period, if you enter using charts lower than 15m, without getting a signal or level from a chart on a higher time frame, you have a high chance of risk and subsequent loss. As this chart shows, we rarely miss trades, because there are so many opportunities to try again, and often lower-risk opportunities than trying to find the top or bottom of a move, this is suicide, we are not market movers, leave that to the hedge funds, banks and pension funds, we make money out of their moves, follow them, don't try to change the market or will it to change, you will lose YOUR money. The Pin bar entry strategy has a high degree of success, it is not a guaranteed trade, they do not exist, but if you research your own charts, on a daily, 4h and 1h timeframe (not lower), you will see them being respected a high degree of the time. The three try rule is my favourite entry, I use it everywhere, do not enter on the first move up or down unless there is a candle pattern that signals the entry, there are many. But once you have your long-term levels on a chart, and price moves back to that level, watch as volume (and confidence) declines, we get lower highs and the probability to enter a trade increases. There are thousands of permutations of these entries, no chart is every the same, no entry without risk, but it's your job to find the highest probability trades with the least amount of risk, if you have any questions or comments, I'd be happy to learn or answer your questions.
Education
by CBMotivation
7
WEDGE UP OR DOWN?We've seen situations where it wedges up and it PUMPS or the classic break & retrace. I'd be more bullish on a downward wedge but, it LOOKS like we're gonna retrace a bit. Anything could happen and the market will do what it does. This is just one perspective of MANY possible outcomes. My level for entry is 6430~ but, ladder your stops and be sure to choose proper risk management. It's a rather huge wedge so if 6430 doesn't hold then, we gotta hope 6200 & 6100 hold.
by hossdelgado
AUDNZD / D1 : Low risk entry spotted ! Momentum confirmed todayHope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. All my scenarios and portfolio managements are explained in a daily basis on my Youtube channel. You'll find a link to get there in my profile signature here : @PRO_Indicators The English videos are posted upon the "Market Forecast (ENG)" Playlist. Kindly, Phil If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
Long
by PRO_Indicators
3
NANO = Simple Setup and Possible GAINS 5/10/18NANO simplified on the day chart has developed a symmetrical triangle and is near a good entry point for low risk. Positives - Symmetrical trianlge form confirmed, 20ma is over the 50ma, low risk entry and long term possible huge gains. Negatives - MACD, RSI, Stoch RSI going down direction right now but requires huge movement to see effect on day chart. Education purposes and remember to respect your wallet :) BINANCE:NANOBTC BINANCE:NANOETH BINANCE:NANOBNB BINANCE:BTCUSDT BINANCE:ETHUSDT BINANCE:BNBUSDT
NLong
by UnknownUnicorn2494800
GBPJPY Breakout retest sell.Hello guys, Paul vereline here, i am new to publishing trade ideas to tradingview so i am interested to see how things turn out! Anyways lets get to the analysis. We seen a HUGE impulse breakout of the up-trend that it was following causing it to create a new support of "150.000". Based off of the movement that we have already seen, i would like to see price Retrace/Correct back up to "61.8" level on fibbs then continue its downtrend that has also now been created after the impulse drop. I would look to enter this trade anywhere from "151.500 - 151.750" shorting it with a stop loss of "152.100" because it price hits that zone i would expect it to keep rising. Green lines being my short take profits and blue lines being swing trade take profits. Entry: 151.500 - 151.750 Stop Loss: 152.100 TP1: 151.000 TP2: 150.000 TP3: 149.000 ST1: 148.000 ST2: 147.000 ST3: 146.000 *Always use risk management* -Paul
Short
by PaulVereline