Profits
Channel with 240+ vibrations on 45 minute timeframeThe disclosure with GBP losing momentum, there is a highly possibility of a bounce of top of the channel with a probability of 240+ pip vibrations
Set up for swing trades ... (preferably sell position) previous high was a bearish spinning top
or
Set up for multiple targets on the bounce
~ POSSIBLE USOIL SHORT ON THE TABLE ~AS YOU CAN SEE PRICE HAS BROKEN THE HL TO THE LEFT (CIRCLED) AND IS CURRENTLY RETESTING. THE RETEST AGAIN COINCIDES WITH THE 38.20% FIB RETRACEMENT LEVEL. WE COULD STILL SEE PRICE PULL BACK INTO THE 61.80% LEVEL BEFORE SELLING OFF. WE COULD ALSO SEE A PULLBACK TO FORM A DOUBLE TOP. THIS IS FOR EDUCATIONAL PURPOSES ONLY, TRADE SAFE.
EURUSD Let's talkOn this pair we got both targets by the end of last week. Price respected exactly our zones giving out good opportunities.
From our prospective the price will retest the yellow zone, probably pushing even higher than the previous high.
we'll watch this pair closely during the week, looking for formation to upside around the neckline N.
Comment below what's your Idea on this pair.
US30 24/10/2019Hello Traders! Witaj!
We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SmartMoney must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SmartMoney.
CHARTS AGENDA:
BITCOIN - MONEY POCKET
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS
BLUE LINES - ENTRIES
MARKED LINES - PREVIOUS ENTRY POINT
BLUE BOX - GAP's
COLOR BOXES - FOCUS POINT TO REACT
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Thank you,
Dzieki za uwage :)
GOD BLESS U ALL!