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Priceactionstrategy

Australian Dollar/Yen Japanese: Bearish ABCD pattern!!!In this analysis, we see in live a good opportunity to short AUD/JPY. We see in the important key zone on the yellow zone, and most probable it's that AUD/JPY make correction Now, the H4 timeframe is the key, becuase we see a bearish candlestick that show that the price it's need a several correction. So, I see a short position in AUD/JPY with a opportunity to find down 110 pips. Remember, we are in the key manipulation and I know this pattern, so beware putting long position in this par. Now, in H1 we see a bearish ABCD pattern, as we see in H4 better, that selected that the par need a correction and we se a fail of higher, we see right now higher low in H1 timeframe. So, technically, we see that AUD/USD it's into this correction too, if we see in the AUD/USD a good position to shorting, maybe it's a good idea. At the moment, as I loss 22 pips, I have 5.28% free to use using my risk management. My own risk management is 7.50% So guys, this is the details: a) Open a short position in the market price: b) Stop Loss: $76.93 JPY (45 pips) C) Target Profit: $75.37 JPY (110 pips) Good luck in this short position!!!
Short
by harisonhbn9718
1
GBP PAIRS BIAS AND PROJECTION FOR THIS WEEKMoving average 50, I look for momentum from the higher time frames daily and 4 hrs because I'm an intra-day trader. The main thing I look out for is: 1. Is price above/below on the 50 MA on the 4 hr TF 2. Is price about to change direction from the current swing on the 4hr chart (I use a trend line for the swing on the 4 hr chart then go to the 1 hr chart for a break of market structure) 3. Did price break structure on the 1hr chart and is it above the 5 moving average 4. Enter on the retest, using the 1 hr or 15 mins TF 5. Take profit the previous swing on the 4hr chart, stop loss below previous structure (previous high or low depending on the trend). When placing stop loss for this strategy, if I'm using the 15mins or 1 hr for entry the previous structure must be below/above the 50 moving average, that's identified as the area as value. Therefore if you lose the trade then you know that your analysis was wrong at that time. CHEERS!
by Nicholas_Kerr
AUDCHF New Price ActionPreviously I had made an analysis of this pair looking for shorts near a three touch structure. However that structure has now been broken and has now made a new reversal ascending channel. It is important to not that when you have a structure where the top and bottom trend-lines are not parallel, if there was to be a break to the upside, based off my own backtesting results, we tend to make the top trend-line parallel to the bottom line. This in fact, has happened in this piece of price action. Here we have a break of a three touch structure however it is important to note that is is how we react to this area of value, and in this scenario we could potentially have a fake breakout, with a continuation flag to the downside. Lastly due to Presidential election News, I suggest protecting as much capital as you can and trade with caution. Follow for more Price Action analysis !
Short
by NavFx
Neo formed ABCD bullish pattern!!!So, in H1 timeframe. NEO forme a bullish pattern, but we can see continue drop in the price!!! But, we will need to take a perspective that in the purple quarer that I mark, NEO touch the EMA 200 and in any moment NEO could to change the trend and we can to be cautelous when the price touch the EMA 200 and we can see a possible change o momentum of the trend. It's so interesting. But right now, we nee to confirm the 0.618% as posible continuation o the bearish trend but limited!!! So, my target proti will be $13,67 USD and my price entry it's around of $14.79 USD with a SL at $!5.28 USD. So, we would need to take this perspective. So, I do not entry in H1 timeframe until we see any bearish pattern in 30 minutes. That it's my key to trade this par!!! So, the trade it's very good, but we will need to be cautelous and it's very possible that NEO make a little correction and I hope any change o trend!!! So, the most is to hope that NEO make a coirmation on this green zone to entry in the little short position of just exactly $1 dollar drop in NEO.
BINANCE:NEOUSDShort
by harisonhbn9718
1
Bitcoin Cash show a bought opportunity!!!Hello traders, As many traders commented the idea on Bitcoin Cash, well, I see that Bitcoin Cash is support in the key support and we see another bought opportunity trade in this strategy called supply and demand. Also, in the previously technical analysis, I mentioend that Bitcoi Cash is formed a double top and it's completely formed and my prediciton was very right in the exact target $240 USD. Remember that I trade Ethereum and I hope a Bitcoin entry in long toward the $17,000 USD. Now, in Bitcoin Cash we see another interesting opportunity in this trade. I hope that Bitcoin Cash in H4 formed a species of double top to validate this yellow zone and this support key with a confirmation o price action in H1 timeframe. We hope that situation or Bitcoin Cash. And also as in the pass we see a double top, I draw a simetric triangle in Daily becuase in weekly I remember that I make a technical analysis that we can to see bought on the 0.618% o Fibonacci in weekly timeframe for Bitcoin Cash. We hope that this opportunity get profits and we hope an entry!!! I add my previously technical analysis on Bitcoin Cash for you!!!
COINBASE:BCHUSDLong
by harisonhbn9718
1
Daily chart show a bought signal on Ethereum!!!Ethereum in Daily show us a good signal to buy Ethereum approximately between $380-$383. As we see in Daily, Ethereum is into this bearish channel, but the expectative show that Ethereum in Daily using the price action is prepare for the next massive bullish movement!!! We see a bullish hammer, that mean that investor bought Ethereum!!! We could see that Ethereum is prepare it. Now, in weekly timeframe we see that Ethereum is formed a next bullish movement. In weekly is bullish and we hope that Ethereum go up!!! So, I following the Daily chart and I have my position at $380 USD as my buyr oder limit with a SL at $367 USD and my target profit will be $418 USD. So, Ethereum show a good trade between this and the next week.
COINBASE:ETHUSDLong
by harisonhbn9718
1
Euro/Australian Dollar: Possible continuation of the channel!!!My expectative for Euro/Australian Dollar is bullish, because the par formed a bullish channel and that could mean a possible bought on this par. Also, it's interesting what I see in this par. It's so interesting to know it. So, at the moment, I can't to say that we're to up, becuase another possibility is that Euro/Australian Dollar show a bearish pressure. So, beware to trade, it's not reccomend until we broke down the $1.6485 AUD to short or $1.6538 AUD to entry in long position. So, we have these option if we see any break up or break down. Now, more interesting is in Daily that the Fibonacci show a bought for long positon in the 0.618% of Fibonacci. But, we would awaiting that Euro/Australian Dollar make this break up or brea down. So, my expectative is bullish, but I need a good confirmation to entry in this par to trade. We hope this opportunity!!! So, please put 2 alarm alert in the $1.6450 AUD to short position and $1.6538 AUD to long position. You can to use any lines as I show you!!! I will going to updated more this par, just be patience and remember, knowing the price action strategy!!!
by harisonhbn9718
5
Bitcoin Cash could formed a double top!!! AlertBitcoin Cash show a strategic os supply and demand and so, we see that the price is turn bearish. In Daily, we supposted that Bitcoin Cash it´s can be to retest the $240 USD to then, entry in short position in the $257 USD. Also that Bitcoin Cash could want to retest the key support line mark in blue and we would need to hope 2 thing: the closed up of the Daily candlestick today and then, we would need to hope in H4 a validation for the entry in short position toward the $240 USD. Now, in H4 we see a possible formation of double top, it's so sorry that I can't to make a technical analysis on Bitcoin Cash, but If I did this analysis, I would entry in the $268 USD toward the $256 USD, in that point could be my target. But, right now, we see a good opportunity for short position. So, we would need to hope and be patience, I can't entry right now if Bitcoin Cash going to up a little to then, to have the possibility to form a tripple top, that could be another good point to take in noticed that and be cautelous with our trade quality, just I hope that. So, also that in H4 we see a bearish rising wedge and that could be an alarm that the price is weakness the boughts force. So, pay attention on this analysis and be patience to give us our short entry!!!
COINBASE:BCHUSDShort
by harisonhbn9718
4
Bitcon could to form a shoulder head shoulder!!!Bitcoin was consolidation from the past 4 days and we see in Daily that we continue with the expectative correction. In H4 we see a shoulder head shoulder and, but rememebr that bears are here to pump the price!!! And remember, in Daily we see a weakness of the trend as Bitcoin make the correction Also, Ethereum make their correctiom more early than Bitcoin. So, I will going to check in Ethereum, because in Daily we could see a correction approximately of 6% on Bitcoin. Are you prepared for the correction_
COINBASE:BTCUSDShort
by harisonhbn9718
2
NZDUSD Price ActionNZDUSD Is looking to fall this week following this recent price action. Price action is showing us price breaking out of a 3 touch structure, but what is important is how we broke out. This is important because price has broke out in the formation of an ascending channel. This current ascending channel it is currently in is crucial because it could be a prime example of how Price action fools typical support and resistance traders. The normal S/R flip would indicate a buy off of a retest of its previous high. Price action catches these traders on the wrong side of the market, and has the potential of having a huge bearish move this week to the bottom of its bigger structure. Best of Luck to my traders this week! Follow for more price action ideas :)
Short
by NavFx
Bitcoin make a fake movement!!! It's bearish movement???In this analysis, we see that Bitccoin yesterday make a up when we formed an Head Shoulder Head inverted in H1 timeframe, but that is another end becuase Bitcoin reach approximately at $13,339 USD and then, make a bg red candlestick, that mean a bearish movement, and then, we could see a possible bearish continue of the trend. That explain in H4 timeframe in this analysis. But, that was a fake movement and Daily timeframe suggested that Bitcoin want to go back to the $12,300 USD. Also, as in H4 we see a pretty bearish divergence + price action confirmed that Bitcoin it's leading with the bearish sentiment right now before to continue up!!! Very important is to watch the Daily timeframe, this kind of candlestick show a weakness of the bulls. So, I reccomend to right now to be with the perspective bearish. For that reason, I'm do not trade in long position yesterday and I hope a bought of the $13,200 USD with confirmation, that is my strategy what I trade. So, I'm going in favour o the bearish sentiment. I put a short order limit at $13,100 USD towards the $!2,300 USD as my take proit and my SL is $12,424 USD. I hope that you like this analysis for you!!! I kow that it's not easy to trade cryptocurrency by volatile and manipulation by whales. But, if you have a knowledge and a strong psycology on the supply and demand, you're have successful.
COINBASE:BTCUSDShort
by harisonhbn9718
1