USD/JPY Short and AUD/CHF ShortUSD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/CHF Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
Trader
AUD/CHF Short, EUR/USD Short and EUR/NZD ShortAUD/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short, EUR/AUD Long and AUD/CHF ShortNZD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/AUD Long
Minimum entry requirements:
• 1H impulse up above area of value.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/AUD Long and AUD/JPY ShortEUR/AUD Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on the break of it.
AUD/JPY Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on the break of it.
Technical Analysis of KAS/USDT (4-Hour Chart) #kaspa $kas #usdtTechnical Analysis of KAS/USDT (4-Hour Chart) by Blaž Fabjan
The chart displays a falling wedge pattern, which is typically a bullish formation, indicating a high probability of an upward breakout.
Indicators:
VMC Cipher B Divergences: This indicator shows bullish divergences at multiple points, supporting the possibility of an upward breakout.
RSI (14): Currently at 39.82, indicating the market is somewhat oversold and we may expect price growth.
Stochastic Oscillator (14, 1, 3): Values are 34.88 and 36.88, indicating an oversold condition, often a buy signal.
Recommended Entry Points for Trading:
Intra-Day Trading:
Entry: $0.145 (at the current price or upon a slight dip)
Target Price: $0.155 (first resistance level)
Stop Loss: $0.140 (to protect against significant losses)
Swing Trading:
Entry: $0.145 (at the current price or upon a slight dip)
Target Price: $0.165 - $0.170 (potential breakout from the falling wedge)
Stop Loss: $0.135 (to protect against significant losses)
Recommended Exit Points for Trading:
Intra-Day Trading:
Exit Price: $0.155
Alternative Exit Price: $0.150 (if the market shows signs of weakness)
Swing Trading:
First Target Price: $0.165
Second Target Price: $0.170
Exit Price on Reversal: $0.135 (to protect against significant losses)
Summary:
Based on the technical analysis and applied indicators, the current trend for KAS/USDT is positive, with potential for an upward breakout from the falling wedge. Recommended entry points are at the current price of $0.145 with target prices of $0.155 for intra-day trading and $0.165 - $0.170 for swing trading. Closely monitor the market and use stop loss to protect against unexpected downturns.
EUR/AUD Long and AUD/CHF ShortEUR/AUD Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on the break of it.
AUD/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/CHF Short, AUD/CHF Short and EUR/USD LongGBP/CHF Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/CHF Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
EUR/USD Long
Minimum entry requirements:
• 1H impulse up above AOI.
• 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/CAD Short, GBP/CHF Short, AUD/CHF Short and USD/SGD ShortAUD/CAD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
GBP/CHF Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/CHF Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
USD/SGD Short
Minimum entry requirements:
• 1H impulse down.
• 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
USDCAD: Detailed Support & Resistance Analysis 🇺🇸🇨🇦
Here is my latest structure analysis for USDCAD.
Vertical Structures:
Vertical Support 1: Rising trend line
Horizontal Structures:
Support 1: 1.3664 - 1.3682 area
Support 2: 1.3590 - 1.3627 area
Support 3: 1.3547 - 1.3570 area
Support 4: 1.3420 - 1.34920 area
Resistance 1: 1.3777 - 1.3804 area
Resistance 2: 1.3828 - 1.3846 area
Consider these structures for pullback/breakout trading.
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GBP/CHF Short and WHEAT/USD ShortGBP/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
WHEAT/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
The Wisdom of Pro Traders vs. Newbie Naivety
Hey traders,
In this article, we will discuss the perception of trading by individuals .
We will compare the vision of a professional trader and a beginner - trading vs gambling.
Most of the people perceive trading performance incorrectly. There is a common fallacy among them that win rate is the only true indicator of the efficiency of a trading strategy.
Moreover, newbies are searching for a strategy producing close to 100% accuracy.
Such a mindset determines their expectations.
Especially it feels, when I share a wrong forecast in my telegram channel.
It immediately triggers resentment and negative reactions.
Talking to these people personally and asking them about the reasons of their indignation, the common answer is: "If you are a pro, you can not be wrong".
The truth is that the reality is absolutely different. Opening any position or making a forecast, a pro trader always realizes that there is no guarantee that the market will act as predicted.
Pro trader admits that he deals with probabilities , and he is ready to take losses . He realizes that he may have negative trading days, even weeks and months, but at the end of the day his overall performance will be positive.
Remember, that your success in trading is determined by your expectations and perception. Admit the reality of trading, set correct goals, and you will take losses more easily.
I wish you luck and courage on a battlefield.
EURCAD: Your Trading Plan Explained 🇪🇺🇨🇦
EURCAD looks quite exhausted after a strong bearish movement in the morning.
The price is currently testing a key daily support.
I think that the price may pull back from that.
Your confirmation to buy will be a bullish breakout
of a neckline of a double bottom pattern on 1H time frame.
An hourly candle close above 1.4723 will confirm a violation.
A bullish movement will be expected to 1.4745 level then.
❤️Please, support my work with like, thank you!❤️
GBP/CHF Short and WHEAT/USD ShortGBP/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
WHEAT/USD Short
Minimum entry requirements:
• 1H impulse down below most recent low.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/CHF Trade Recap, GBP/CHF Short and USD/SGD ShortGBP/CHF Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/SGD Short
Minimum entry requirements:
• 1H impulse down below most recent low.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.