Hourly
ETH/USD : Sell opportunity ** Hey guys !
Here is a potential bearish setup on the ETH/USD
Accumulation of :
- Fibonacci ( Multi lvl )
- Resistance zone
- Daily downtrend ( blue )
- Lot of H4/H2 trend as resistance .
- Rsi overbought ( to be )
I will update this setup using a multi time frame stochastic strategy for perfect a perfect entry so be sure to follow me .
I suggest to wait for a reversal sign .
Breakeven after tp1 , breakout of the downtrend is possible at this level .
EURAUD : Buy opportunity** New week , new trade !
Accumulation of :
- Fib 68.2
- Fib 50
- Fib 38.2
- Support zone ( with strong support at 1.4935 )
- Trendlines ( H4 & D1 )
- Rsi oversold
I will be looking for a multi time frame stochastic signal before entry.
I also suggest to wait for a reversal sign and do a manual entry . ( No buy limit )
Good luck guys ! :)
3 minutes ago
EP around 1.4935
TP1 : 1.4965
TP2 : 1.5
TP3 : 1.505
SL 1.4867
Bearish EURUSD for the next 2 hours1. Strong movement downwards, and we think it is headed for a support level within a few hours
2. NOTE: we are trading against the trend, another intracycle trade. From a preliminary analysis standpoint, our Return/Risk ratio should go down in relation to the probabilities where we want to exit, and the likely stop we set to exit if the trade goes against us.
Bearish GBPAUD for the next hour. Trading within the cycle1. Hit a recent high. We except bears to correct to a certain bottom.
2. We are fighting the main trend though - trading within the cycle!
3. Prices were fought back by bears as seen from the candle at the recent high, implying strong resistance level.
EurJpy 1H - Trendline Broken, Head and Shoulders, Fib levs EurJpy 1H chart shows a broken resistance trendline. This trendline is broken and now it is being retested. The sell stop has been placed below the previous low. In case the price hits that level till 23:00 (next 3-4 bars) the sell stop will take effect. The MA has crossed which indicates a bearish movement. The EXCELLENT confluence, which is quite surprising is that the fib extension where the take profit is, is the exact take profit a head and shoulder pattern would have from the top of its head to the neckline. The stop loss would take effect if the .61 resistance retracement is surpassed by a few pips.
Furthermore, this could be the start for a next touch on the resistance trendline (yes it can go down that much, however, I'm not trading that now. It's a short term 1H trade atm)
Take care, trade your trading system! This is just a suggestion!
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