GBP JPY H4 SHORT TRADE IDEAAs price broke structure on the daily, H4 holds a potential reversal zone... Price expected to plunge from there!
Priceactiontrading
GBPJPY Halfway to Target. Will Gap close?Entered then went to bed awoke and there went the impulse. Let's see if we can get the gap closed today - completing out the buy model.
LTCUSD: Price action with bullish smell.We see a symmetrical triangle on Litecoin. The price responds beautifully to the S / R zone and together with the lower edge of the triangle creates a suitable place for speculation for the growth of the LTC / USD pair.
Alex, UCT team wishes you nice trading.
PriceActionAs long as the downtrend line is not broken, it can move along the white path and reach the range of 34,000
EUR bearish for now but bulls must be getting ready OANDA:EURUSD
Hi guys , how you doing ? , I hop you're all fine
EURUSD is now in the a descending channel
The price also touching EMA which can act as a resistance
So until now , we have 2 good and obvious resistances (EMA and the channel)
Also the momentum is decreasing and getting bearish
therefore it's logical to say that EUR gonna be bearish for short-term of time .
But I not gonna enter the bearish move , I prefer to stay and enter with bulls at 1.16640
I hope the bears will lead the price to that target
But for now it's bearish
so that's my opinion .
what's your suggestion and idea guys ?
I'd be glad to know your opinion !
EURCHF Short• Broke out of a big channel – 90% chance of going to the bottom
• Downward trend creating a lower high
• Came back to retest the channel’s support
• Created a rising wedge which is now broken
CRYPTOCURRENCY BITCOIN (BTCUSDT) SMALL PULLBACK BITCOIN ( BTCUSDT ) 30 minutes timeframe -> Inverted Head and Shoulder. A strong buying level when market is consolidating/downtrend.
This indicates after long bearish trends, the price falls to a trough and subsequently rises to form a peak.
It has taken support also from 20 EMA and a good green candle ready to make a breakout. RSI also supports it.
It can do a retest on 20 EMA and then go towards the target.
Only take entry when 15 min candle closes above 43219.
First target - 44038. Book profits there or trail your stop loss for 2nd target 44500. Stop loss should be 42672.
Possible trade zoneWe could have a possible long on present zone (1.270206 - 1.269164)
If not, the 1.268023 - 1.26633
Possible buy zoneWe could see price push up to the upside from the highlighted zones ( 109.444394 - 109.31447)
Trade ideas and stock picks for next weekHere are a few trade ideas and stock picks for the coming week. Swing and positional.
Low risk high reward setupOn weekly chart, Price is taking support at this level and in daily chart we have seen very good correction. Its a low probability setup but we can take as a RR is very favourable.
