Get started

Lowerlows

NZDJPY Short Term Sell Idea Delivered 200 Pips Move!!!In NZDJPY short term sell idea post, I mentioned that "Price is bouncing lower from a key resistance zone on the H4 chart, in addition to this we also had a bearish divergence and lower lows based on the MACD indicator. On the H1 chart, we had a bearish trend pattern so until the key resistance zone holds, my plan here is to sell pullbacks in the short term". The price action followed my analysis and moved as per the plan here. The pullback that I was looking for happened and then the price moved lower further and has delivered 200+ pips move! Note: Currently we have a bullish divergence in play, so if you are still involved in the sells then this is a good place to consider managing your trade and secure your profits (cash out or partial cash out or trailing protections or partial hedge, etc.. depending on the strategy that you work with). Original Idea
Short
by VladimirRibakov
Nasdaq: Bear is In-ChargeA typical characteristic of a bull market as seen is its significant highs are higher and its lows are higher. However, the market has confirmed moving into bear when the market broke below the major uptrend on the 3rd week of 2022. Now we could see the Bear is in-charge. And a typical characteristic of a bear market as seen is its significant highs are lower and its lows are lower. Before 2022, my strategy was to buy on dips. However, starting this year when the major uptrend line was broken below, my focus now is to sell into strength when opportunity arises. Of course fundamentals also play a big part when Jerome Powell mentioned in December 2021 that U.S. inflation is "not transitory". Then we all know the Fed was preparing the environment for more interest rate hikes in 2022 and maybe beyond. When things change, our strategy changes.
CME_MINI:NQ1!Short
by konhow
BTC QUICK UPDATE! MIGHT SEE $38K SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. BTC is trading inside descending channel in a 10hr time frame. In this channel, we see that BTC is forming Higher lows and lower lows. So from here, we might test a new LL which is around $35k. After hitting that new LL we might see a relief rally which will take us to $38k. If daily close above $38k then we again see a bullish rally otherwise there is a high chance that we reject from $38k. Let's see how it goes. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
1
BULLISH WAVE PATTERN CONFIRMEDAs you can see on the chart we got a lower low and after that we get to see a higher low. On the RSI we get a higher low on the lowe low and lower low on the higher low, this usually indicates a bullish pattern. RSI is overbought on the 4 hour chart. Strong demand levels confirmed. I don't know what else to say more than I think this is a great buying opportunity, of course I could be wrong. Not financial advice. I hope this was useful to someone and good luck!
Long
by GOATChad
1
BTC (Whales are buying the dips; bear traps)In my honest opinion i don't really know where the market is going. But base on my charts and Fibonacci placement, it's a downtrend. This is a weekly timeframe for BTC, as you see BTC has set a new Lower Low. I would expect more downside to come for BTC. Much more fake outs and much more bear traps. On the other hand, larger players like whales are buying up BTC at the scariest dips. Worst bearish scenario base on fib targets it will be 36392.50 BTC. I still feel it's a bear trap. BTC Weekly
by Cryptoblooming