Wait for the next 6-8 candles to complete a corrective phase before hitting down to the downside. Enjoy this trade! :-) Comments, contributions, suggestions etc are always welcome! Forex Guru Wealth Academy
After failing to follow through with that H&S formed last week, we have printed some support/resistance for APT. The path of least resistance will be to follow the trend upward, and likely where we will go from here, but wait for confirmation before taking any trade.
SQQQ - Currently sitting on the 1.618 (non-log) retracement from the last major swing low to high. - RSI showing some macro divergences - MACD as well #NasdaqIsABubble
The daily chart now has cleared the BOX high Now its in a region of Bullish Trend. on the hourly, we see a strong 3 up... IF price continues to go sideways throughout today and the next asian session then ... tomorrow we could see a 5 up...
Hello traders! We are monitoring the development of another shark pattern on the dollar cad. We took the opportunity on the previous setup and could possibly get another buy opportunity here. As the name suggest, the shark pattern has impulsive behaviors as you can see when the market failed to break the 1.13 extension of the AB leg on the previous setup. We see...
EURGBP H4 Chart- Market is in an Uptrend and price is above the 50EMA, price is in the Monthly Resistance Zone (Brown Area). Reason For Entry- Double Top followed by Engulfing Candle. SL- 48 Pips🛑 TP1- 48 Pips✅ TP2- 96 Pips✅
🔸 4H CHART EXPLANATION: . . 🔸Price broke the Ascending Trendline. . 🔸We were waiting for a downside move after that breakout, however, price has been consolidating on a range. . 🔸Before considering short positions we will wait for a breakout of the structure to the downside. Now, we also have a bullish view in case the Resistance Zone is broken. In that case, a...
🔸 4H CHART EXPLANATION: . . 🔸Price is facing the Support Zone at the previous lows. . 🔸We consider that if price bounces here, it could be a bullish move towards the Descending Trendline of the last bearish impulse. . 🔸Before trading in that direction, we will wait for the short term Descending Trendline to be broken. . 🔸 Will look for a lower timeframe bullish...
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: ZEC/USDT T/F: 1 HOUR LENGTH: Medium RISK - Low ENTRY: 62.59 TP1: 64.39 TP2: 68.89 TP3: 72.79 TP4: 75.11 BONUS TP: 125.43 (100% SL: 56.66 NOTES: - Uptrend - Sat/In on Support Zone - Support Rejection Candles - Breakout to Pullback -...
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: XRP/USDT T/F: 1 HOUR LENGTH: Medium RISK - Medium ENTRY: 6163 TP1: 6460 TP2: 6892 TP3: 7122 BONUS TP: LEAVE OPEN AND FOLLOW WITH STOP LOSS SL: 5846 NOTES: - New highs - uncapped potential - Uptrend - Sat on Support Zone - Support...
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: XRP/USDT T/F: 1 HOUR LENGTH: Medium RISK - Medium ENTRY: 19941 TP1: 20487 TP2: 21216 TP3: 22189 TP4: 23546 SL: 19229 NOTES: - Be cautious with recent BTC uncertainty - follow with stop losses - Uptrend - Sat on Support Zone - Support...
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: MATIC/USDT T/F: 1 HOUR LENGTH: Short RISK - Medium ENTRY: 2078 TP1: 2121 TP2: 2184 TP3: 2238 TP4: 2298 SL: 2006 NOTES: - Be cautious with recent BTC uncertainty - follow with stop losses - Uptrend - Sat on Support Zone - Support...
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: ENJ/USDT T/F: 1 HOUR LENGTH: Medium RISK - Medium ENTRY: 17648 TP1: 17982 TP2: 18806 TP3: 19630 TP4: 20367 TP5: 20900 SL: 16597 NOTES: - Be cautious with recent BTC uncertainty - follow with stop losses - Uptrend - Sat on Support...
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: HC /USDT T/F: 1 HOUR LENGTH: Short RISK - Medium ENTRY: 1.2412 TP1: 1.2699 TP2: 1.3127 TP3: 1.3576 SL: 1.2021 NOTES: - Uptrend - Keeping trade short term - given recent BTC uncertainty - Sat on Support Zone - Support Break up candle -...
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: VITE/USDT T/F: 1 HOUR LENGTH: Short RISK - Medium ENTRY: 1626 TP1: 1664 TP2: 1772 TP3: 1851 SL:1549 NOTES: - Uptrend - Breakout, Pullback to Support Zone - Rejection candles - Strong support zone KEY: BONUS TP - It could continue to...
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: ONT /USDT T/F: 1 HOUR LENGTH: Long RISK - Medium ENTRY: 6843 TP1: 0.7509 TP2: 0.8210 TP3: 0.9341 TP4: 1.0948 TP5: 1.1875 SL: o.6151 NOTES: - Uptrend - Breakout, Pullback to Support Zone - Trend line breakout - Rejection candles -...
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: XTZ /USDT T/F: 1 HOUR LENGTH: Medium RISK - Medium ENTRY: 2.6807 TP1: 2.7279 TP2: 2.8571 TP3: 3.1142 SL: 2.4491 NOTES: - Uptrend - Breakout, Pullback to Support Zone - Support Break up candle - Rejection candles - Strong support...
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: ERD/USDT T/F: 1 HOUR LENGTH: Medium RISK - Medium ENTRY: 11725 TP1: 12815 TP2: 14118 BONUS TP: Keep open as in new high territory SL: 10659 NOTES: - Uptrend - Breakout, Pullback to Support Zone - Support Break up candle - Rejection...