Neutral - Ranging??Price is still creating Lower Highs, indicating bearish Behavior, however, Rules for reversal have yet to be met.
I am not planning on entering this unless i see clear signs.
RULES, RULES, RULES!!!!
Newbie
Bearish on AUDUSDI am not entirely convinced, this is the reversal point. Rules are adding up but this does not look like a Good Setup.
Generally i would enter based on the Rules, but in the this case it does not look good. I would rather miss a trade that enter one that i am not too confident in.
I am still bearish on this and will be looking for Sells
CADJPY, Bullish 4H- Bullish
- have 4 zones i will be looking to buy
I would prefer moves at the Yellow Zone, but Price will do what price wants to do, with the High impact news coming in on Friday. i will sit out and see what presents itself as the week unfolds.
#PriceAction #Newbie #CADJPY
What will AUDJPY do next????Currently still trading in Range lets see what happens today and tomorrow.
Bearish US30 - 4H- Beautiful Retest of BlueZone
- Price Respecting High
- Only looking for sells, until BIAS changes
Rules, Rules, Rules!!!
Bearish on USDCAD 4H- Looking for Price to reverse
- Price action already showing signs of reversal (potentially right now)
- Ideally i would like price to move a little higher before a move down (maybe take out the double tops)
Lets see Price will do what Price wants to do, lets allow price to move and jump on the gravy train
Rules, Rules, Rules!!!
Bullish EURUSD 4H- Priceaction looking Bullish
- There was an entry today, but will wait for a retest to confirm Bullish behavior (Willing to Sacrifice a few Pips)
- EU been setting up quite frequently on a Monday NY session these last few weeks, but coming back for a retest Tuesday or Wednesday
- Divergence
- Sharkfin
Let's see what happens - i have rules that i follow so would wait to see if it sets up!
If the Bullish setup does not play out, i would be looking to sell to the Blue Box, Once again rule dependent
Rule, Rules, Rules!!!!
Bullish - EURGBP 4H- Price still trading within Weekly range
- Daily has Strong Bullish Divergence
- Expecting price to test Blue Box (Maybe even wick through)
- There is clear Liquidity above on the weekly and i think they may be targeting that next, lets see what happens tomorrow
Weekly is Bias is Neutral, been ranging.
AUDJPY - Bullish 4H- Would like to See Price break out of the wedge down
- Will be looking to buy around Yellow Zone or Blue Zone
Bias RIGHT now (25/11) bearish until bullish Opportunity presents itself - would like to get in on a buy in said zones
ETCBTC LONG TERM BIAS(Applying NEWLY LEARNED CONCEPTS open to cons. criticism)
Just swept equal lows, may retrace once, twice or none at all but aiming for equal highs and entering based on filling in imbalances of the market.
Strictly sticking to 2% RISK, 5%+ rewards.
Initial entry will be a twin trade, for every 10 pips will move 2 pips or at previous swing lows.
WILL NOT immediately enter next potential entries UNLESS I see an opportunity at the area.
*OVERALL, the market can go to any direction this is just MY BIAS*
Been learning concepts, dealing with Smart Money from the Tradehouse and only on Phase 1 so I could be wrong..
A possible reversalI am hoping for a reversal after it hits the level 38.2%, it should retrace but if not then it might form a double bottom and climb up. Please give me tips on for I can better myself. Thank you! :)
Caught a short positionThe overall trend seemed to be in an uptrend, I put a falling wedge within another falling wedge along with many lines of support and resistance but those two yellow lines are the most recent ones. As always, please comment on what I could do to improve myself. Thank you! :)
A long position I took I saw a wedge reversal pattern and then a descending triangle. I know that they're meant for short positions but the trade went in my favor. :)
New to this, lol charting up for BTC.From my analyzation, I believe BTC will eventually have a strong uptrend, after sitting in a period of consolidation or strong support? Based off 4 hr and Daily charts. BTC will be retracing again to the lower 9900'S and then moving bullish into the 11-12000's. If you are seeing this please leave your opinions.
BTC WAITING FOR TRIANGLE RSI CROSS\u2028\u2028 & 50 levelHi everyone,
\u2028\u2028this is just a way how this Btc situation could play out.
I have been playing and trying to do some analysis only using RSI. This is how it ends. Maybe.
\u2028\u2028There are two blue triangles on the chart. We are waiting for any break.
If RSI happen to break up, this will be very bullish signal. Similar in the opposite direction. \u2028\u2028
We are waiting for 4H closed bullish candle or ideally for closed 1D in the area of 11 000 $ per changing a Bias to Bullish. \u2028\u2028
The action can be small, but it would give us better probability of doing new ATH soon. \u2028\u2028
You can also see that RSI is going to cross level 50 soon.
Plus there are two RSI Bullish divergencies.
Over all i see it BULLish, even thou iam hearing lot of BEARish noice around. Specially on Twitter.
This is not a financial advice. Iam begginer, learning TA and this is the way to check strategy … \u2028\u2028Please comment.
Does anyone have a tip for backtesting program for beginners?
I dont know how to code yet, so something simple. ?
\u2028\u2028Thank you & lot of luck to you all ! MATT\u2028\u2028
“Rising tide is lifting all boats”
CAC 40 Trade (2-day Short Trade)Markets are volatile and with the yield curve inversion, uncertainty is heightened in the short-term we can see a lot of down and up swings making it a great opportunity to trade short-term on indices.
I chose CAC as it is less volatile compared to FTSE 100.
This is my first post.. lets see how it goes!
