Pair had a ABC pullback. Several entries with pending orders or use 15m chart. TP is a 800 sma level from the 4H chart and the -27.2% fib level taken from the 1H chart. Watch the Macd Blue line to drop.
Be patient for the market to pick a road to take.
Pair is over extended long and is due a short pullback back to the ma's. Watch when macd Blue line crosses below Red line to enter. Exit trade if Blue line crosses above Red line.
Pair has fallen through the 50 sma to the 100 sma. Bewarish continuation would take price from the 100 sma to the 800 sma. Macd Blue line will rise to the Red line and then fall again if bearish momentum continues.
Pair is possibly starting Bullish 5th wave up back into the channel. Could place pending orders of buy limit and buy stop or wait for bounce from sup/res level and double 00 at 132.00. If failure happens RSI should cross and stay above the 50 level line.
TP Long resistance @ .7882 TP Short support @ .7800
Pair can go long or short in the descending channel breakout. Long TP is previous resistance @ 1.3596 Short \TP is previous support @ 1.3200
Pair can go short or long with triangle breakouts. My bias is long. TP is sup/res levels Long @113.25 Short @ 111.53
4H Descending Channel Trade Short Multilpe entries on 15 m chart with ascending trend line breaks and low fractal breaks examples TP is previous support @ 1.1663
There is bullish divergence between price and RSI giving us a warning alert that price will be ready for a reversal. 10 am EDT is typically a options reversal zone if there are options to be released. Engulfing green reversal candle signaled entry long trade. 11:30 am to 12:30 EDT is London closing reversal zone. Pin bar doji with morning star 3 bar bearish candle...
I will either do a day trade using these indicators or if I am going to do a shorter time frame trade I will reference this day chart template to see where price might be going.
AUDUSD 4H is at the bottom of a range box. In the comments below tell us what you think the answers are to these questions and charts to show your answer. Those that find the most answers, your names will be placed in a hat and a name will be drawn for the winner of our "DO YOUR HOMEWORK" contest. 4 H chart 1 - Where could the market take price? 2 - Where would...
Pair has continued down from the 50sma and made a new low. There is an entry zone from the 50 sma to 1.6300. TP is previous swing low @1.6165. Watch Macd as it moves above and below the 0 level line and the Red line for direction. Is there a H&S pattern here? Comment below and tell us what you think will happen. It is great to learn one from another with your experiences.
Pair can return to the 50 sma before price falls short through to the 100 sma. Price could fall below the 100 sma and do a break-hook-go short. TP is a previous support level. Macd will show direction if it rises up to the 0 level line and then drops below the Red line. Comment below and tell us what you think will happen. It is great to learn one from another...
We updated our trade idea based on different market conditions we have analyzed the past 12 hours. Here is our thoughts on BTCUSD and ETHUSD for today. Its still looking like we might get a break here to short this.
The Bitcoin surge in price and cryptocurrency trading mania has got a lot of mainstream attention. Today’s post is all about the cryptocurrency trading strategy that you’ve probably been hearing so much about. There are tons of cryptocurrency trading strategies and this is just another one to learn. The trading bitcoin for profit is actually a universal...
Entry, TP & SL taken from MT4 Simple SAR Indicator. Customized SL & TP. Leave a comment for more info.