Look at the chart, the price is in the area where the the price always pushed higher in the past. These is a good chance to move up and good zone to buy.
Price is on the resistence. TP should be lower. Use 1:2 risk to reward.
The price is on support and trendline. There is a good probability for turn over.
Why short? - Rising wedge pattern - Overbought RSI and CCI - Price is on the strong resistence - Price is on the trendline
I'm short here. After trendline breakdown on Friday there is a sell sentiment and when you look at 1D chart of FOREXCOM:GBPNZD , you can see that we are really in downtrend. Good luck and good hunt.
Short setup, fibo supports my idea. The price is on resistence ant trendline.
FOREXCOM:AUDCAD still holds in downtrend. I thnk we can expect some pullback and next bearish power.
This is very nice. USDJPY is on the resistence trendline and thsi pattern looks like rising wedge. So I expect way down. Good luck and good hunt.
This setup show us, we can trade shorts intraday. But the news of EU's unemployment can shake with the price.
We're on support and on the trendline and also we can find a triangle pattern. If will be the support and trend line broken, the price is on the way down. If we will break the triangle, we can expect big move up! We need to be aware of the down trend. Good luck, good hunt.
The price is coming to the strong trend line and is near the support and is on the bottom of the channel.
I think with a little of imagination we caan find 1:2 rist to reward ration on this setup and go long. Pray for bulls. Good luck, good hunt.
Well, as you can see, the price should be better for entry, but it looks that we are on local resistence so I'm selling this. If you want you can wait for better entry but at this price its still great risk to reward ratio.
I cought the price on the resistence and trendline so I can afford very good RRR mysels. Good set up for our bears.
There will be nice short opportunity soon on TVC:UKOIL . Just wait on touch on trendline. Market target price is not recommended. It could go more down. On 4H it looks like down trend but its local down trend. We are in up trend in the bigger picture. As you can see, the price is coming to the "strong support trendline" marked blue by myself. On this trend line...
This chart show us that down trend on COINBASE:BTCUSD will continue.
I think no more words are needed. This is very good setup. I would prefer go long bcs we are in local uptrend.