USDINR Bearish setupUSDINR: it used to trade with 97% precision in regression channel trends,
which is now decisively broken.
The current candle seems more like a temporary pullback and the Indian currency might witness strength in upcoming sessions.
only believing charts, I would be comfortable having a short stance for target 79.95
Pullback
oh the places its gonefinally we see a daily bull move out of bitcoin, and the moment it appears to be reaching escape velocity a wild pullback appears. theres a chance this leads to consolidation towards signal (.5 of bounce/top of consolidative area lows weekly), but if we hold this pivot im looking near weekly highs (bottom of last monthly bounce). even if we trend back down toward equillibrium im still buying long term.
USDCAD - Looking To Sell Pullbacks In the Short TermH4 - Price has broken below a strong support zone.
After the breakout this strong support zone is acting as a strong resistance zone for us.
Lower lows.
Until the strong resistance zone holds I expect the price to move lower further in the short term after pullbacks.
🎁BUY BITCOIN in pullback🎁🔰You can see the analysis of Bitcoin in one hour time frame (BTCUSD_ 1H)🔍🧨
💥Considering that the price has managed to break the Down trend line🖤 and is making a pullback❗ to it, there is a possibility that the price will rise from this pullback area to the SUPPLY zone🔺🚀
⚠❗This analysis will be violated if the price goes below the DEMAND zone and stabilizes below it⚠❗
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
_______📈TRADER STREET📉______
Long trade on HALHaliburton is setting up in a volatility contraction pattern trying to break out higher. There is supply at the $40 level, so I want to buy on a pullback off that level to create a profit cushion in case it fails there again.
There is also a longer-term cup with handle pattern here with $40 being the top of the handle.
Volume is drying up in the base which hopefully signals supply no longer coming to market and the stock becoming harder to buy. I am taking a small pilot position off the pullback to the 50-day moving average (red line) with a tight stop at 35.20.
The fundamentals looks great with 4 consecutive quarters of big sales and earnings growth. Analysts also predict another 41% increase in EPS for 2023.
HIENS3 just starting?Waiting for possible pull-back entry on 15min tf. If this is just the first leg, could be the nice winner. SRSI could use some cool-off time.
Set alerts
Good luck traders
HUGE SPY Call(+100%)This one was HUGEEEEE. I've noticed one thing now. TRADE INVERSE HEAD AND SHOULDERS. I mean my goodness, we traded it 3 timtes this week or around there, and didn't lose once. Opposite of that on every play we had +50% or more.
Entry:
INVERSE HEAD AND SHOULDERS(Best strategy ever)
5 min -
Inverse head and shoulders
RSI above 50
1 min -
HUGE inverse head and shoulders
Got the trade off pullback of right shoulders(marked the zone green from top of body to low of body and took the trade once it got in there).
Instead of buying as soon as it got in the zone, I bought when price closed above 14 EMA
BT cloud flip
Held trendline
Audchf Breakout pull back
Setup: Breakout pullback
Trade rating:4.5\5
Reward: risk: 7:1
Market conditions: choppy
this is a great entry for an awesome risk to reward.
concerns are the tight stop and the market condition is not ripe for strong moves but we have some resistance above and it looks promising
ADAUSDT wants the pullback?
the market lost the support after a false breakout from the falling wedge
How to approach it?
The price could create a pullback until the 0.618 Fibonacci level, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
EURUSD - Potential Long PositionPlease let me know what you thing, your feedback is appreciated.
Classic Pullback Strategy.
Price is currently in a uptrend respecting the trend line and the 200EMA.
Price have retraced back to the 50% Fib Level
As price is at Support Zone we have to look for Price Action before jumping in, If the Support, Trend Line and 200EMa is broken we can look at a possible reversal.
Triangle Break-Out in 1 DTF//HGINFRA+++The Triangle is broken with good candle and also sustained in today's session.
++The Supports(+) and Resistances(-) are also perfectly respected.
+Lets follow the Price Action in keeping the SL(Under 14 Dec candle) and Target R:R should be (2.5)> .
Happy #Christmas Trading Mates!
The Best Pull Backs To Trade (Part One)Price pulled back to pivot point level 0.67. Price retraced 50%. Pin Bar candlestick formed at 50% retracement. Open Price and Close Price is "near" 50% retracement level as well at the pivot point level. Candlestick wick protrudes through the pivot point level and retracement level.
This is an ideal condition to enter a trade position using pivot point indicator, fibonacci retracement tool, and pin bar candlestick.
Sales on EURUSDWe have already looked at the possible reversal at EURUSD.
We determined first target - 1,0343. It’s clear, that the idea spoils on a breakout of the previous top.
The goal now, is to find good entry point.
Despite EURUSD is still not the best sell option, there may be a good opportunity today.
Upon another rise to 1,0550 and pullback, there will be good ratio.
Such an entry is highly aggressive and low risk should be used.
Do not sell on impulse rise.
$AQUA pullback setupPullback buy on $AQUA
200 MA just flatting out so very early.
tight price action at its 21 MA + volume dry up + solid U/D volume makes it an interesting setup.