Bello-swings

Bello-swings

just like GJ and UJ, im bullish EJ until proven otherwise. the trade idea here is simple, look for a 4hr bullish engulfing or hammer or inside candle at the confluence point. dont just jump in around the confluence zone let price show you its ready to go bullish before hoping in and if price breaks the trendline then this trade idea is invalid

Bello-swings

if you check weekly and monthly time frame you will know that this pair is already overbought, so how we can benefit from this strong bullish momentum simple we will simply wait for a pull back. and due the past price action of this pair i doubt there will be a very deep pullback so we will use fib to measure a point that will be suitable enough go long using...

Bello-swings

price as been in an overall downtrend but it gave a V shape at the last swing low then reverse but it pullback at a key level to close to 23% fib level in a corrective manner and as since then moved up. price is still supported downward by a trendline on weekly. on daily its seen clearly that price just made a pull back to almost 38% fib level and as reversed....

Bello-swings

price formed double top on monthly time frame and price pullback at the neckline to almost 23% fib level and as started to reverse, after that price formed a descending which was later broke. price seems to be forming another descending triangle at a minor zone so will wait to see what price does after. if price breaks downward breaking and retesting the minor...

Bello-swings

price as been on a overall downtrend, but is now reversing and as made a 50% retracement. after the rejection price as moved down but also creating a minor support by forming a triple bottom. so now will have to wait to see if price will break upward and retest then i can go long to monthly 50% fib level or if price collapse from there will wait for the break and...