Scalping
EURGBP Double Correction Sell-OffThe EURGBP is still maintaining the downside direction. We are trading in a Double zig-zag correction pattern. But we must see the (X) wave initially make a minor zigzag correction in the upside direction. The upside correction might not be very deep it might not even reach the 61,8 Fibonacci level.
What you have to realize is that we had a similar pattern on USDCAD in the 2020 financial crisis. The pattern was between 16 May to 27 April 2020. The patterns are less the same so we can expect it unfold the same way.
DAR/USDT - LONG SCALPING-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
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⚡️⚡️ DAR/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (5.0X)
Entry Orders:
1) 0.2009 - 100.0%
Take-Profit Orders:
1) 0.2089 - 65.0%
2) 0.2117 - 25.0%
3) 0.2165 - 9.998%
Stop-loss Orders:
1) 0.1966 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
BTC Scalping AnalysisHello guys.
i think i saw a good bullish divergence in RSI and price in 4H time frame.
What do you think about that?
is this a pullback to 20000 level??
Share me your opinion
thanks
SIMPLE Scalping & Intraday StrategyHey Traders!!
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The indicator settings are as followed:
Bollinger Band: 20, close
RSI: 20, close
Stochastic: 5,3,3
MACD 3,10,9
I like to always start with a naked chart and my goal is to find the daily directional bias and trade with it (though I also trade strong counter-trend levels). Once price gets to your area of value, you simply refer to the indicator confirmations for confluence and ensure that everything is aligned and coming together (as indicated in the tutorial). I like to close several scalp positions in profit as the price moves in my favor and has good volatility, and I often hold one or two positions for an intraday target. If you're looking for a consistent strategy with lots of content around it, I highly recommend following for more and checking out all that we have published on it. I have no doubt you'll love it and I'm always happy to answer questions.
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ETH Retracement Before Upside ContinuationKey Price Action Highlights of Previous Day
Asian Range Implementation of price respecting a Price Array of Value at 50% of the range.
NY closes as a pullback respecting Price Array of Value at about 50% of the impulse move of previous day’s price action.
Overlap of London and NY Session starts the expansion move upside.
Continuous bullish price action for the rest of the NY Session, showing no signs of taking out any external liquidity.
Price continued to display intent to take out external buy side liquidity.
Price pumped 11%+ reaching a Price Array of Value – High Timeframe GAP.
Price then made a pullback towards a gap at about 50% of the day’s entire impulse move ending the New York Session.
Please be advised that these are Intraday trade setups, and further evaluation need be considered if you wish to hold a position for more than a day's session.
Quick Gains on BTC Next MoveThis is a short-term trade.
After the blow-off of BTC on Sunday, there was a quick sell-off taking liquidity at 19101 making that point a valid low in the short term. Today BTC broke the Sunday high, 19425 continuing to the upside. I am taking a quick scalp expecting BTC to attempt and take liquidity at 19240 before continuing to rise to 20K. Let me know your thoughts in the comment.
See what might happen if BTC touches 20K again
USDCAD Bullish Triangle PatternWe have been dollar strong for a while now, we are trading in an impulse move so it's safe to say the bullish trend/ momentum will last for a while. We are in a 4th wave phase which is a triangle pattern, which is incomplete we still need to see wave D to E form.
A different view but still anticipating the same direction would be we are finished with wave 4 but we are now forming wave 5 as an ending diagonal pattern similar to the USDCHF chart.
BTCUSDT Bearish scalp below LSMAThe next potential bear trend for a bearish scalping will stay below LSMA. Bearish hidden divergence on Chaikin Oscillator which looks like ready to dive below zero line. Harmonic target area between 14.6% Fibonacci Retracement from peak amid 88.6% of prior upward retrace.