When you get in to high.Currently, My new Entry is 23.64 down today. However, since the bottom is low. I am going to build my position so that I can be in profit when the market bounces back. Remember to view the articles and learn about what is going on in the companies to learn more about why the market is on the downside. Don't lose faith and only invest what you are willing to lose.
Entrypoint
Supply and Demand Confirmation Entries ☑️The thing that catches most traders out is they don’t know what zone will hold, that’s why it’s always best to wait for the higher time frame zone to be mitigated, wait for the break of structure to confirm the trend is changing, then execute. Wait for confirmation ☑️
NZDJPY Bearish entry for Thursday Sell NOW ✅✅✅This liquidity seems too much perfect to be true, but it fits with all my thursday rules and im overall confident about the trade, i wrote some notes for you to see in the charts, i took the trade personally, im confident about. regardless, trade at your own risk. risk managment is key.
Goodluck
Danik bhaskar breakout Db Corp give a very good breakout of 1year trend (26aug 20 aug )which make as very bullish in this stick we also see a very good upside in its revenue in recent quarter soo we are bullish in it soo
buy it above 94.8
our target 98 100 106 118
Sl 91
For safe investors entry in it at 100 (we say it safe bcz if it crossed 100 level thn it also break the W pattern)
Target 105 117 130
Sl 91/88
How to enter position in sideways market?It wasn't the easiest months to trade.
Like, in normal up/down trend you can enter on a retest of previous range and put stop below that range, so it will react as support for your stop.
In a sideway market like now usually you don't get entry on a retest, becuase movemant is ti squzee/fast. So you need to enter as close as possible to highs/lows and start to pray price won't trigger your stop.
Entry Model | Supply and Demand, and Smart Money ConceptFirst look for the higher timeframe trend is the price making higher highs and higher lows? (For bullish market) or lower highs and lower lows? (For bearish market) bullish or bearish, then go to the lower timeframe and see if the lower timeframe trend matches the higher timeframe trend. After that mark your supply and demand zones, and point of interest(POI). If you guys like this post please hit like👍 and follow. Thanks.
Can Bitcoin still drop more??? As depicted in the chart we can see that BTC has created a zone between $3,500-$13,000. Bitcoin stayed within this range from about Sep2017 until breaking out Nov2020. Based on the Fractal indicator as of right now the market is searching for a new "low" or demand zone. This will show as the next green fractal is created. The MACD is showing that sellers are still in control and we are still in a downtrend. The Lips(green) of the Alligator crossed under the Teeth(red) signaling the first sign of a potential reversal. If BOTH the Lips and Teeth cross below the Jaw(blue) then a reversal is underway. I believe Bitcoin still has room to fall and buyers will be able to get in once this new low is established. No need to panic I would think the majority of us do not foresee BTC going anywhere anytime soon; so let's stay optimistic and make calculated moves.
3 scenario for btcusdt daily chart lot of liquidity under pink line and price need test that
when people are scared you should be greedy and vise versa but be careful
for entry point wait for drop bellow pink and look for buy pressure on candle like hammer or build a Clear structure
be sure whales ready for eat kilos of btc in 20k channel
Historically LTC Surges, 100% of the time if this Pattern Occurs>>> LTCUSD note: Since the middle of 2018, Litecoin - USD 50 Day SMA average has inverted upwards 8 times. The 8th time is occurring as we speak
7/8 times this has Chart Pattern occurred, it has been followed to a rise of LTC against USD . Will this be the 8th repeat?!?
>>> LTCBTC note: Since the start of 2017, Litecoin - BTC 50 Day SMA average has inverted upwards 12 times. The 12th time is occurring as we speak.
11/12 times this has Chart Pattern occurred, it has been followed to a rise of LTC against BTC . Will this be the 12th repeat?!?
Although this type of pattern recognition, is not my favourite sole type of analysis to use in entering a position. I believe this combined with my other reasoning in previous posts, is further confirmation that we will see the predicted rise in the next few days/weeks.
Hold the Line.
GBPNZD | Possible Bullish ScenarioGBPNZD created a Rounded Bottom pattern as we see on the 4H chart.
The Price is about to break the Neckline level ( around 1.93680 ).
Entry Point will be perfect in this setup after the 4H candle close above the neckline level.
Don't Forget: "The Market Is Always Right"
So nobody can predict the market, good traders only react to it. Good Luck!
Will Luna provide traders a second opportunity to enter? Traders,
As you know from my earlier video, I was about to enter WLUNA this morning but due to distractions, I missed the entry. Anywho, I am not one to FOMO in as I know that opportunities abound to those who are on the prowl for good setups and entry areas. There are plenty of crypto fish in the crypto sea. However, I love LUNA! It had hit my entry area (green box) perfectly and touched that support I have been speaking about for so long at $78. And I am bummed that I missed my entry. So, I decided to revisit this chart.
The first thing I did was zoom into the 4hr to see what I could spot in terms of trends/levels/patterns and I immediately spotted this bullish descending wedge which we broke out of to the upside this morning. Years of experience has taught me that we love to revisit and pay final homage to significant resistance in a move I like to call, "Kiss Mama Goodbye". This is where we stop at resistance (89.67), turn around, and then drop back down to previous resistance (now support), testing it one final time.
If this move occurs like I suspect it may, then we LUNA fanboys and fangirls will have one final chance for re-entry somewhere in the green box or below. Watch for this and set your buys accordingly.
Best of luck to you all!
-Stewdamus
GOLD | To The Top Again?As we see in the daily chart of XAUUSD, we have a perfect Double Bottoms pattern.
Its Neckline level ( around 1971 ) had a breakout & retest action. And the last day of the last week ( 15April ) left a bullish candle behind, as a sign of an upward continuation. And that makes the current price level is a perfect place for Entry Point.
The price possibly continue moving up till the highest resistance again ( around 2050 ). And the Clean Traffic on the opposite side of the ( W Pattern ) may help this scenario to be done. Noticing that we have more resistance levels on the other low time frames.
Don't Forget: "The Market Is Always Right"
So nobody can predict the market, good traders only react to it.
How To : Chart Formations Critical Second Top & Bottom Entry Hi Traders and Investors
This video is a follow up from my previous posting dealing with shifts of momentum.
This time we are looking to add an additional synergy - the second touch in a chart formation - which can be found in Double Tops, Double Bottoms and head shoulder formations. Correctly using the second touch on the chart formations has allowed me to avoid many mistakes in my evaluating my trades and I hope that it will help you in evaluating your trades.
When you look at the Double Top and Double Bottom chart formations, you will notice that high frequency trading and algorithms trading will often create the formation of a second top to the same level as the first top or slightly higher by taking stops pilling at the first top . At this point, you want to wait for the synergies to come into play and use your tools to look for a shift in momentum on the 2nd top touch see video.
Waiting for the shift in momentum to occurs after the second touch, is a critical piece of of information that will prevent you from taking trades that are likely to be stopped out on the first test.
Hope it helps have a great week end
Marc
AUDUSD Solid Short Position.💥 Entry for a nice swing trade Hi !
I've closed all positions, I only have AUDUSD @0.7520 Short position.
The price action shows a slow down in the new high highs and new lower highs.
I'm entering before confirmation ( disclaimer : this is not a trading advice )
I have same SL and TP as my chart.
If you like or share any opinion on AUDUSD.
Comment and like !
Thanks for reading
Carlos