Tradeshoots

Tradeshoots

Trade Setup: Waiting for Confirmation after Bounce from Support After observing price action reacting off a key support level, I waited for my trade indicator signal to confirm the entry. Once the signal aligned with my strategy, I entered the trade with a risk-to-reward (RR) ratio of 1:3. The trade is now live – let’s see how it plays out! 🚀

Tradeshoots

Short Signal Triggered After Breaking Key Support After the price broke through a key support level, my indicator gave a short signal. I've decided to enter this trade, targeting a 1:2 RR. Now, the focus shifts to identifying where the next key support level will emerge. Let's see how this one develops!

Tradeshoots

1. Have we reached overbought conditions? 2. Will we enter a sideways phase before continuing the upward movement? 3. Will the price begin a correction after the last rise? In my view, the loss of momentum is evident with the distorted shape of some candles on the 15-minute timeframe, signaling that the buying pressure is likely fading. Additionally, the...

Tradeshoots

My trading indicator provided a strong signal for a *short position* on the *15M timeframe. Initially, I hesitated due to the fact that we were sitting right at a key **support level*. However, after seeing a full-body *red candle* breaking through support, followed by a successful retest on the *lower timeframes (1M, 3M, 5M)*, I decided to enter the trade. I’m...

Tradeshoots

My trading indicator provided a strong signal for a *short position* on the *15M timeframe. Initially, I hesitated due to the fact that we were sitting right at a key **support level*. However, after seeing a full-body *red candle* breaking through support, followed by a successful retest on the *lower timeframes (1M, 3M, 5M)*, I decided to enter the trade. I’m...

Tradeshoots

Chart Description: In this setup, my trading indicator issued a Buy Signal following a period of consolidation. The breakout occurred with a significant increase in volume, confirming the upward momentum. The signal was triggered at the support zone, giving me confidence in the strength of this move. Entry Details: Buy Entry: At the support zone after...

Tradeshoots

taking this Buy signal and targeting 1:2 RR it will be taking 3 part of TP it can be we take more than 1:2 RR lets see how will playing out

Tradeshoots

#2 Testing my own strategy on 15M TF SL is below 2 candels from the Entry Targeting 1:2 RR on the Strategy we will take 3 TP lets see how will playing out

Tradeshoots

After the sharp decline, the markets began a correction of 50% to 62% based on Fibonacci levels. Now, it's time to resume the downtrend and reach a new lower low (LL) again.

Tradeshoots

After Powell's speech, Bitcoin continues its decline. 📉 I previously mentioned that Bitcoin was likely to drop, as there was no strong fundamental support. The halving occurred without the expected price surge, and Trump's campaign rhetoric wasn't bullish enough to drive the markets up. If a country like the U.S. ends up holding the largest amount of Bitcoin,...

Tradeshoots

After Powell's speech, Bitcoin continues its decline. 📉 I previously mentioned that Bitcoin was likely to drop, as there was no strong fundamental support. The halving occurred without the expected price surge, and Trump's campaign rhetoric wasn't bullish enough to drive the markets up. If a country like the U.S. ends up holding the largest amount of Bitcoin,...

Tradeshoots

Analysis Update: Daily Timeframe After a strong upward movement, we've seen a correction on the daily timeframe. I now anticipate a continuation of the upward trend and the achievement of our target. I will be entering another trade from these levels. Stay tuned and trade wisely!

Tradeshoots

Analysis Update: 15-Minute Timeframe We are still observing a bearish trend on the 15-minute timeframe. The price has recently reversed to the 62% Fibonacci retracement level. From this point, we should anticipate a continuation of the bearish trend, aiming to form a new lower low (LL). Stay vigilant and adjust your trading strategies accordingly.

Tradeshoots

Harmonic Patterns Harmonic patterns are a set of technical analysis tools used in financial markets, based on Fibonacci ratios to identify potential reversal points in trends. Some of the most well-known patterns include: Gartley Pattern Bat Pattern Butterfly Pattern Crab Pattern Each pattern relies on specific Fibonacci measurements to determine optimal entry...

Tradeshoots

After bouncing back from a strong support level, the price signaled a reversal. It then broke through the moving average and stabilized above it. Consequently, I have taken long positions from these levels, targeting a 50% retracement from the recent low, as illustrated in the chart analysis. Don't miss out on this opportunity! 🚀📈

Tradeshoots

After bouncing back from a strong support level, the price signaled a reversal. It then broke through the moving average and stabilized above it. Consequently, I have taken long positions from these levels, targeting a 50% retracement from the recent low, as illustrated in the chart analysis. Don't miss out on this opportunity! 🚀📈

Tradeshoots

MEW meme coin is showing impressive upward price action. 🚀 I believe it's getting close to breaking its all-time high. Before that, I’ll wait for a retracement on the daily timeframe. Once it hits the 50% or 62% Fibonacci levels, I'll look for a long position. 📈

Tradeshoots

After reaching the 3-point mark, prices have started to react bearishly. Let's watch for any confirmation to enter a fast short position. 📉