Rejection or Breakout for OP/USDT ? BINANCE:OPUSDT (4H CHART) Technical Analysis Update
OP is currently trading at $ and currently price is at the resistance line
We can expect price to either breakout from the resistance or get rejected from the resistance. We will enter trade based on whether price will get rejected or not.
LONG Trade Details (only after confirmed Breakout)
Entry level: $ 4.023
Stop loss level: $ 3.818
Target 1: $ 4.122
Target 2: $ 4.217
Target 3: $ 4.429
SHORT Trade Details (only after confirmed Rejection
Entry level: $ 3.818
Stop loss level: $ 3.978
Target 1: $3.723
Target 2: $3.623
Target 3: $3.458
Max Leverage: 5x
Stay tuned for updates on breakout or rejection.
Don't forget to keep stop loss.
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GreenCrypto
Rejection
I'm bearish on GOLD#GOLD Analysis
Description
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+ As you can see in the chart, GOLD price got rejected at the resistance line once.
+ Now the price is heading back to the resistance line again.
+ I'm expecting the price to get rejected again at the resistance. if the price gets rejected again then we have a good chance for a short trade.
+ I'm planning to enter the short trade after clear rejection.
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VectorAlgo Trade Details
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Entry Price: 2016.44
Stop Loss:2024.40
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Target 1: 2011.89
Target 2:2003.57
Target 3:1995.06
Target 4: 1984.37
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Timeframe: 1H
Capital: 1-2% of trading capital
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Enhance, Trade, Grow
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Agree or Disagree with the ideas ? lets discuss in the comments.
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Regards
VectorAlgo
SEI - Trading The Box 📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📦 SEI has been trading inside a narrow range between 0.55 and 0.85.
🏹It is currently approaching the lower bound of the range , so we will be looking for buy setups on lower timeframes.
📈 For the bulls to take over, we need a break above the last major high marked in red. In this case a movement till the upper bound of the range would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin(BTC): Rejected $45K Zone!!!We got what we came for!! We have a very nice rejection near the $45K zone, which shows demand for further movement to lower zoes.
Remember, the longer the tree grows, the harder it falls. We are still way too expanded and overbought on BTC, so keep your eyes open for potential further movement to lower zones!
The start looks promising, but we gotta be careful for any short-squeeze!
Swallow Team
NZDUSD - Top-Down Analysis 📹 From Weekly To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #NZDUSD.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
GBPNZDGBPNZD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 2.0200
What you guys think of this idea?
AUDNZD - Trading The Wedge 🌙 AgainHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last AUDNZD analysis, we have been looking for sell setups around the green resistance zone.
AUDNZD traded lower and it is currently hovering around a robust demand zone.
Moreover, it is approaching the lower red trendline.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the blue demand and red trendline acting as a non-horizontal support.
As per my trading style:
As AUDNZD approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Possible rejectionPair just hit a two years old resistance. I'm opening a small short position and I will add if price action confirms the rejection: a double top or some other bearish pattern on lower timeframes. SL above the next resistance. This could be the beginning of a bearish triangle if the pair breaks down the 0.94 support. But let's see how it goes first.
UJ: “Break Out, Break Back In” on “Rejection” Entry (21/100)System has identified a “BOBBI” playbook setup and a potential “momentum” shift market entry during the first hour of the ASIA 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in ASIA and only using USD/JPY pair. The win rate and expectancy are unknown. Please do not take these trades.
📈 AMD back @ flag's top trend. Watch for breakout/ rejectionJust a recap of this trade so far:
Posted this @ 108 calling for a bearish rejection.
After it failed to bounce from 101-103, I was certain it'd head over to 95-98, or the bottom TL at most.
When we hit the bottom TL, I called for a buy signal @ 95.
Will tag all these for proof.
Now we are at the top TL, which is the ultimate PT from 95. We hit this in 2 days. +10% in 2 days. That's right.
When you wait for swings to come to you, you will make the most money.
Here's the alert @ 95-96:
We waited a week or two for this perfect bounce. That's the best way to swing.
One way to swing is to buy, buy more, buy more, and buy some more. Another way, is to wait for the right moment and wait for the trade to come to you. If you miss it, you miss it. All good, there's tons of trades on the market.
NASDAQ:AMD NASDAQ:QQQ AMEX:SPY NASDAQ:TSLA NASDAQ:NVDA
UJ: “Break & Retest” Setup on “Momentum” Entry (12/100)System has identified a “B&R” playbook setup and a “rejection” market entry during the second hour of the ASIA 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in ASIA and only using USD/JPY pair. The win rate and expectancy are unknown. Please do not take these trades.
UJ: “Break Out, Break Back In” Setup on “Momentum” Entry (4/100)System has identified a “BOBBI” playbook setup and a potential “rejection” sell stop entry during the second hour of the ASIA 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in ASIA and only using USD/JPY pair. The win rate and expectancy are unknown. Please do not take these trades.
TRX 8% Drop Likely!When taking a look at the legendary TRX, we can see that it is showing signs of weakness after failing to trade above the recent high 3 times in a rom. If price continues down, I would expect a 8% drop to the golden pocket which lines up with the horizontal support .
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Calculate Your Risk/Reward!
This is not financial advice. This is for educational purposes only.
STMX, rejected the trendline BINANCE:STMXUSDT , rejected the main trendline on 1D view
STMX couldnt break the trendline. Lower support is 0.5 - 0.52, that should be the epic buy zone for next breakout. Keep eyes on it.
Enjoy!!
Follow me for more chart analysis.
Patience is the key to success.
DYOR
EURGBPIs EURGBP exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at daily time frame resistance level, suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.8600.
What you guys think of it ?
USDCHF - Looking For Sell Setups ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
USDCHF has been overall bullish trading inside the rising channel in red, however it is currently approaching around the upper trendline.
Moreover, the zone 0.9 is a strong supply.
🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue supply and upper red trendline acting as a non-horizontal resistance.
As per my trading style:
As USDCHF approaches the orange circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Top Down Analysis 📹 From Weekly To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich