We like a buy here. Not advice. Price pulled back a bit. Could possibly retrace between the 20% to 30% area. We have a stop loss set for risk management using an ATR.
On EUR/USD, we have a bearish setup in the last week. The market is generating a supply zone with two price retracements before further declining and breaking previous lows, creating BOS in the process. The objective of this trade is to aim for 1.0880. Let me know your thoughts in the comments. Happy trading and have a great day.
XEMUSDT - NEM SHORT - after crazy pump into the Fib 0.382 Retracement and fall back under the key level while taking liquidity from the previous double top. LONG - after a massive fall right into the intersection between the middle of the downsloping channel and the new rising channel exactly at Fib 0.886 Retracement. TP1 & TP2 secured letting rest ride.
$EGLD - Short Trade Set-Up Entry Conditions: - Bearish Impulse Signal - Trading Range - Likely to retest lower again - Break down from consolidation - Beraish Divergence
$SCRT - Long Trade Set-Up Entry Conditions: - Bullish Impulse Signal - Strong breakout of consolidation - Double bottom of local range Likely to retest the top end - Bullish Divergence
$ILV - Long Trade Set-Up Entry Conditions: - Bullish divergence and consolidation break up - Bullish Impulse Signal - Key Support - RSI Breakout
$REN - SHORT SWING OPPORTUNITY Entry Conditions: - Impulse Signal - Breakdown from consolidation - Head & Shoulders forming - Break of local trend support - Beraish Divergence
Have a nice day dear traders, we are here with Bitcoin Bitcoin resumed its sharp move on Sunday evening early in the Asian session as I have been writing for the past two weeks. But currently I see less change, usually these moves determine the whole weekly trend but in this situation I would say the market went for liquidity at $16975 - $16920 and this is where...
HELLO TRADERS, WE ARE HERE AGAIN FOR QUICK SHORT Our trade is finally developing exactly as expected. On Friday, in the Asian session, when lately there is usually the highest volume of trades on Bitcoin, we created a vPOC (volume point of control) at the level of $17194, where there was the highest number of total traded orders on Friday, which predicts that the...
Basis for this long trade idea: * A Head and Shoulders chart pattern on 4 hr time frame. Target for trade: 0.0763 Take Profit points: 1. 0.0736 2. 0.0747 Entery Point: 0.0713 Stop Loss: 0.0688 Risk:Reward Ratio: 2.0
$BNB / BNBUSDT BNB Dump is Inevitable. BNB looks bearish imo. Any bounces are for shorting ( invalidation is clean break above and hold $ 285 levels ) I'm expecting if it breaks below $220s then most likely 180s incoming ( conservative though ) $130-$140 swing targets if the setup playouts. Defi Liquidations 185M around $203 level ( liquidation...
$ETH - What now? Honestly, the answer is nothing. I haven't traded or even bothered with crypto overall for months. I actually have preferred the classic gold and silver. There is nothing exciting going on and if I get in crypto it's only for long side. There is no long side for me at the moment we within the ranges and break to either direction but with crypto...
How showing chart . At the moment Iam in SELL position..Waiting for 1817 - 1815 for pullback UP. The I will buy for 1830-1835
The trade setup is very ambitious indeed. However, we believe that COMP is currently one of the most attractive coins.
Please note that these long and short positions are not at all strategically positioned; instead I simply am showing a general idea of what price could do, so please set your own SL and TP. But the fact is price has been extremely bullish since last week when the weekly candle respected a supply zone. Price is now retracing which shows us the bullish daily...
Right now PEOPLE is looking good to go long for the short term. However, we are waiting for a better RR ratio. Perhaps the price will move towards our entry very soon.
Do your own research This is just an idea I think this is a worthy setup to risk on it Related to stop use right position sizing Good Luck and do your own research
We have mentioned in our GLMR/USDT analysis that once we hit the entry price for the buy signal, the overall crypto correction should be over. Now, considering that AUDIO is printing new HH and remains above the trendline, the probability of further price increase remains high.