Uptrend
Part 1 of catching a reversal is to trust structureI noticed that Ethereum was re-testing the neckline of an inverted head and shoulders pattern while at the bottom of a range and on top of support. Price provided an indecision candle on top of support as well as 61.8 fib. I anticipate that price will push back higher to retest a prz level. we have to get there first. It could begin with this purchase at a higher low.
Potential High for usdjpy, intraday short setup 30mminUSDJPY has been uptrending rather strong for quite a few weeks now. Its common that you'd like to go go against the trend, however, the only way to learn how to trade reversals is to trade them. Price presented a volatile shooting star for the close of Thursday. (4H). The daily had some wick action also. The 1H had a moving average crossover to the downside before making the latest high. the 30Min has already created a srtrong eveing star and began downtrending on its 2nd lower low. Im looking to get in on the Lower high. A counter trend trade short back down to Weekly support.
Buying Ethereum at a Low is a good ideaThe Daily did not confirm its Bearish Engulfing from the 38.2 retracement level. Which tells me that a potential reversal is underway. Especially after a daily hammer and intraday the 1H HAS CONVERTED AN INVERTED HEAD AND SHOULDERS. This is important to our bias change from overall bearish to short term bullish. The 4H hour is in line with this move by the fact that it broke a minor swing high. or a lower high. This buy set-up can be clearly seen on the 30min as well as the 1hour timeframe.
NASDAQ Will Keep Growing! Buy!
Hello,Traders!
NASDAQ is making a
Bullish rebound after the
Retest of the broken
Resistance level which
Is now a support at 13,631
So given the general uptrend
It seems that the price
Will keep growing further up
Buy!
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USD/CHF - long positionWe have the USD/CHF on the daily time frame. We can see the downtrend, which is confirmed by indicator 200 EMA. Indicators SAR and RSI remains in the bullish control zone. It may be the right opportunity to take a long position. Final target, take profit, entry price and stop loss are in the chart.
USD-CAD Breakout Long! Buy!
Hello,Traders!
USD-CAD went up and
Broke the key horizontal
Level of 1.354 which is
Now a support and the
Breakout is confirmed so
After the retest I think
The bullish continuation
Will follow
Buy!
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✅US500 BUYING OPPORTUNITY|LONG🚀
✅US500 is trading in an uptrend
Along the rising support line
Which makes me bullish biased
And the pair is about to retest the rising support
Thus, a rebound and a move up is expected
With the target of retesting the level above at 4180
LONG🚀
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EURJPY I Next area for intraday long Welcome back! Let me know your thoughts in the comments!
** EURJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Intraday Bullish Momentum swingThis is a follow up and actual trade taken by myself. I placed a short term buy today at 10:30A.M on AUDUSD simply because lower lows ceased being formed at a key support level. After a strong bullish correction trendline was broken then on the 4Hour the 8Moving Average crossed to the upside of the 21SMA. that's relevant because it lags behind price. The 1 hour provided some reversal signals at a clear support and the trade was essentially taken based on pure candlestick analysis. I love trading reversal candlesticks on top of support. Especially after a market gap on Sunday. I believe a potential inverted head and shoulders is on the way after price failed to make a lower swing low and is now attempting to create a new swing high. Potential short term up trend beginning with indecision candles then a bullish engulfing on top of a weekly support.
CHF-JPY Bullish Breakout! Buy!
Hello,Traders!
CHF-JPY is trading in an
Uptrend the pair broke a
Key resistance level of 153.395
Which is now a support and
Went further up so as
The breakout is confirmed
I think that we will see
Some bullish continuation
Buy!
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CAD-JPY Will Keep Growing! Buy!
Hello,Traders!
CAD-JPY is trading in an
Uptrend and the pair
Broke and retested the
Key horizontal level of
101.591 and we are seeing
A bullish rebound so I think
The pair will go up
Buy!
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GBPUSD Intraday Trend Continuation On Friday, there was a notable rebound in GBPUSD. The 15-minute chart displayed a completed upward wavestructure, indicating a positive trend. Additionally, a secondary pullback trend started on the same day, and the final leg of the retracement, labelled as (c), is showing signs of concluding.
At the current low, we observed a Market Structure Low reversal pattern, which holds significant importance. Furthermore, the price briefly dipped below the 3DL (3-Day Low), but failed to sustain below it. This occurrence serves as a genuine signal for bullish participation from a lower price range.
Taking everything into consideration, it appears that a bullish approach is the most probable scenario for Cable (GBPUSD). However, if the price slides below the 3DL once again, we will abandon all long positions.
Trade Details:
Entry Long: 1.2437
Target: 1.2506 (Deep Correction Factor)
Stop Loss: 1.2410
Happy trading!
✅USD_CHF LONG FROM THE RISING SUPPORT🚀
✅USD_CHF is trading in an uptrend
Along the rising support line
Which makes me bullish biased
And the pair is about to retest the rising support
Thus, a rebound and a move up is expected
With the target of retesting the level above at 0.90149
LONG🚀
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USD-JPY Will Go UP! Buy!
Hello,Traders!
USD-JPY is about to retest
A strong support level
Of 137.38 and given the
Fact that the pair is in the
Uptrend and the breakout
Is confirmed there is a high
Chance the pair will go
Further up
Buy!
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30min Higher high re-test GET IN THIS UPTRENDBitcoin broke out of an odd range of consolidation only to create a beautiful consistent uptrend. The TDI on the 1Hour chart is very bullish also. Structure and clear breaks can be seen on the 30min chart which is why I'll be entering from the 15min. and holding until a daily level is breached. Price is pulling back with indecision which is excellent as well. A reversal candlestick on top of support as an indicator of a retest will decide whether I'll be placing an entry going bullish toward $27,490.00- $27,831.84