I'm seeing that the price of bitcoin could explode at any time. However, I'm starting to notice weakness in the bounce so I've taken the opportunity to make a short entry as it hasn't broken strongly above the 4h FVG and only went up for liquidity. Trade management: SL in the wick in case it resumes the upward bias better get out of the way. TP on the swing...
OANDA:AUDUSD AUDUSD has been on the downtrend for the past month. Price has tested the lowest key level of support it has tested over the past 3 years. So I expect a reversal of price to the upside. Wick exhaustion are an added confluence to indicate a change in price action
OANDA:AUDUSD AUDUSD broke structure and price is respecting at 38.2% Fibonacci retracement level with wick rejections for a short setup
OANDA:US30USD bullish pin bar with a long wick indicating a continuation of bearish trend with price breaking out of consolidation zone. A retest is likely and will continue bearish trend
OANDA:GBPUSD Price broke support, waiting for a retest.
And were in! Not the entry I was waiting for but we always have to adapt to the markets. Entered this after price rejected the interim level retest and engulfed the previous candle. Let's see how this gets on. What positions are you guys looking at, let me know.
Welcome back! Here's an analysis of this pair! ** Just a quick update on GBPNZD - it rejected at previous monthly highs (2.0050-70) where we expected selling pressure to come in, however we may see the price come back up during NY Session. We recommend not risking more than 2% of your entire account balance and use your risk wisely. Banks may push the price to...
The long upper wick of the candle is a sign of price rejection. The first bearish pin bar on November 22, followed by another higher high long upper wick candle on December 1, is a sign that the trend is about to bend. Confirming the two sign is followed by another higher high with Bearish Engulfing Candle, this candle pattern could be the confirmation that the...
Welcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** Current technicals point to a bearish bias on the weekly of EU. After a deep push to the downside and minor correction, sellers struggled to break lower than 1240. A break of above 1352 would signal next target at 1450 zone (previous weekly resistance)....
Welcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
This topic can be tricky for some. I hope I can help you with that. Impulse entries are for people that can look at charts all day. Pendings can help those that are too busy to keep checking charts. Your confirmations are wick rejections, followed by an engulfer or momentum candle. Watch the video, and see how I do it. I hope you find the video helpful.
Hello folks; On the EURAUD we can see a RD+ and double bottom pattern which is a strong pattern for reversal on the other hand, on the major pivot point and demand zone has a nice hammer with a massive wick.Totally; we have lots of signals on the chart which is telling us the price's moving is gonna revers.For now, jump to the long position till our target what...
Price could break through the first key level before pushing back up, ideally id like to see multiple wick rejections at the key level on lower time frames before entering a buy.
Price is currently stuck in a range and is showing strong wick rejection on the hourly.
Price is in a range. There is a strong rejection of the support on the daily indicating bullish momentum.
Price is currently in a range and has now rejected off of support.
Following the previous analysis, I managed to take profits along the way and, most importantly, secured them by making this trade a free-risk one. Price tested our major trendline structure (more of an area than just a line), almost hitting 'TP'. Could have waited for a lower high formation, but the wick rejections might tell us otherwise. Also, we expect a...
Kyber Network- One of the only two DEX coins that are on the Coinbase and are on the hot streak. Follow the daily timeframe and buy on the pullback as long as the ascending triangle structure remains intact