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USDJPY, 4hr tf, sell on area of confluence resistanceHello my friends, As you can see, USDJPY just rally for 100 pips in the last 2 days. In my opinion, this rally will be short lived as long as price below 103.70 on daily and 4hr tf basis. We could see further upside if price managed to closed above 103.70 on the daily tf. So as long as price below it, we will only sell on every rise (SOER). As you can see 103.70 is an important level because it previously served as horizontal support. Now that price already broken below it, this level will now become a resistance. Right now the 4hr tf EMA-200 also located at 103.70 area so we could say this is an area of confluence. I provide 2 trading plan where you could set your take profit. Feel free to choose either one. Sell USDJPY 103.70 Stop loss 104.00 Take profit 1 at 102.60 (3.6R) Take profit 2 at 101.20 (8.3R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
Critical Level 29650 - BTC/USDTDear friends, I want to warn you right away that if I see a confirming factor for myself that tells me about the continued growth, I will close 2 short positions at a loss, and I will open a long position, until such price values ​​as 30500 - 31430 - 32100 are updated. - 32800 As soon as the level of 29450 is broken and there is confirmation, I close the short position and open the river. Observing risk and money management, as well as trading with stop loss - this river position, with an increased lot, will give its profit. Only after confirming this level at 2h TF (29450) Potential loss on 2 positions will be 660 ~ 760 points I am for flexibility in trading. Why did I decide to share this with you, because someone fixes their positions (profit) but for a complete unloading, he pushes the price up, observing the same proportions impulse 25% - correction 10% - impulse 25% and again from the beginning Plus, judging by the counting, it will still break through this level, because now there is a rising wedge on the chart, The profit for which is calculated from the beginning of spending. It will be ~ 10% This percentage will be from the price of 29650 to the level of 32950
by UnknownUnicorn13204076
2
Chainlink still up in H4 timeframe; $15.70 USD target!!!Chainlink still bullish in short term toward above of $15 dollars. But, my own target will be $15.70 USD to get the benefit of this cryptocurrency. Yesterday, the bull candlestick it's noted that investor are buying Chainlink, so prepare for the next massive and huge movements of Chainlink, at the moment I'm in profit from $13.28 USD, that was my entry price to long position in a good zone that today I update a new Daily zones formed!!! And also, noticed that we entry in the confluence in hte 0.382% of Fibonacci making a good bought position, and the MACD bar show weakness of he sellers, so that it's a good point as reference that crypto it's prepare right now to up in the next hours. Good luck in this position!!!
COINBASE:LINKUSDLong
by harisonhbn9718
1
UJ breakout. finally done dropping!?!Here on the 4hr timeframe / daily we can see uj made a clear breakthrough to retest previous high points. Will be watching to see to when a pull down finishes to find a long entry if these candles do not got below the previous 4hr breakthrough zone. UJ has been dropping like crazy lately but its uptrend candles can be HUGE if your timing is on point! Safe trading peers, Pips for everyone ( first time using this indicator, it may not be lined up perfect but it still gives me the right idea/direction nonetheless )
Long
by pipsmoke