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Ethereum it's leading toward the $365 USD next target!!!In H4, we see that Ethereum is confirm this validation of this zone of consolidation between the $393 USD and $384 USD. That was the consolidation zone that Ethereum it's created and right now, the price is found out in the bearish trend toward the $365 USD iN Daily we see that the price is under bearish pressure. But based in my studying, Ethereum could to find down the lower zone, in that case my target will be $365 USD. So, in H1 we see that the trend is becoming right now bearish!!! So, I will need to know because Bitcoin is still bullish and maybe, we could see another chart and data that altcoin dominance it's going to drop and Bitcoin dominance going to up. At the moment, I put in my sell market around of $383.50 USD with a SL at $389 USD and my own take profit will be $365 USD.
COINBASE:ETHUSDShort
by harisonhbn9718
1
USDCHF - Pullback Trading Idea - Counter-Trend TradingHi Traders! The market is in a Downtrend. Let's begin with the weekly! Here is it: The market is here in a Downtrend. Let's take a closer look to the the Price Action around the Support. At first we had a Downmovement, but the Support held and the market turned over. Then it came back again, but same thing: Market holds and turns over. After that, the market broke through the Support and made a ner Low. This is a new Low since July 2017! Moving further to the Daily: The market is here also in a Downtrend. It broke through Support and retested it also successfully. Now we have to observe what the market is doing in the red area. Key Question: How will the market react to this area? Is it going to reverse or continue lower? Is it ready for the next downmovement or not? Moving on to the H4-Timeframe: Here you can see another strong Downtrend. The market makes a trending move and a retracement move alternately. At the moment it is in a trending move, so we can prepare for the retracement move. What you can't see in this chart, is that we analysed the amount of the retracement from the trending move. Here are the Results: 50% 61,8% 61,8% 78,6% As you can see, the market is retracing more and more in comparison to the Trending Moves. That's why our TP is at the "safe" 61.8% Fib' Retracement Mark. Last but not least, the Entry H1 Timeframe: What you can see here is only the tight Trendline, which could serve as our Entry. The SL is below the Low and the TP at the 61.8% Fib' Retracement. We recommend to trade counter Trend Trading only if you're not a beginner anymore! Thanks and successful Trading :)!
Long
by swissmoneymakers
3
S&P500 3356.8 - 0.66 % SHORT IDEA * PRICE ACTION, PULL BACK TRADHELLO EVERYONE Here's an idea on the S&P500 which is currently in an uptrend on higher time-frames but saw some losses in momentum in the last couple of days, targeting this pull back from higher time-frames. On the DAILY time-frames the index broke the 50 M.A and is currently retesting this moving average and support level now resistance level 3401.8 now will be looking for a continuation of this pull back with the bears on the index. hope this idea assists in anyway on your trading of the S&P 500. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
OANDA:SPX500USDShort
by PULEMokhothu
GBP/NZD SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. Notice: Obviously a very risky trade! I personally see a chance of a retracement after retesting the area of PoC and trendline of the previous up-trend. I am personally a fan of risk so I will take that one with a lot lotsize. Moves like that can quickly retrace as scalp- & daytraders tend to save profits. Please stay out if you have a lower risk-aversion as this trade is a high-risk-trade. GBP/NZD: Daytrade-Preparation Market-Sell-Order: 1,95000 Stop-Loss: 1,956000 Target 1: 1,94040 Target 2: 1,93315 Target 3: 1,92170 Target for One-Target-Trader: 1,94040 Stop-Loss: 100 pips Risk: 0,5% - 1% Risk-Reward: 2,84 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
EURAUD (1 Hour) - Pullback Trading OpportunityLast week we took a look at the EURAUD (see related ideas below) & had a bearish structure trade on the radar. If you haven't seen that post make sure you take a look at it as this idea is a follow up on that one. Although price has currently moved off of previous structure highs, it's done so in a way that has created new minor levels of structure as well. No need to be alarmed as normal & healthy market movements consist of an ebb and flow type of pattern & not just a large direction move. During this ebb & flow price has created new minor levels of structure that can be used as opportunities to hop on smaller extensions & that's what we're looking for here. After spending the 1st half of the NY session retreating higher, we have now come to retest a previous level of structure & a hold of this level will offer a nice opportunity to involve yourself in a potential move lower while maintaining an excellent risk to reward profile. It's going to be an interesting week in the markets with all of the FOMC members speaking and the first US Presidential debate tonight. I wish I can tell you what to expect but I honestly have no clue. If you have any guesses or insights please let me know in the comment box below as I'd love to hear. Your Trading Coach Akil
Short
by Akil_Stokes
12