Medianlines
ADAM19- Possible LONG SetUP bitMEX - cross leverage (NO more than 5% of acct balance)
Start Laddering LONG positions
@ 1728 - 1715
SL: 1698
TP1: 1744
TP2: 1765
This is my unprofessional opinion **DYOR*
DSHUSD Short analysis based on pitchforksShort analysis based on pitchforks (median lines). After a breakout of the upper median line established a sliding parallel, this parallel can be used with high probability to success (with good risk management) in a short trade. The setup could be repeated few times.
USDJPY: Price Bounces at Daily Resistance LevelPrice has bounced at the sliding parallel of the median line set at a level where in addition it meets previous structure resistance. Looking at the lower timeframes what we may see is that after bouncing at resistance, price broke below the short term uptrend it was moving in. Be patient and wait for any sell setup competion while price will retrace into a correction (flag, head and shoulders, bearish harmonic etc).
Taking a sell here and you will be in a great trade.
Hourly Chart: