Six Trades in 11 Days Trade 1: Range Breakout. Trade 2: Move Down because of Bearish Divergence. Trade 3: Move down because of Double Top coupled with Bearish Divergence. Trendline Breakout. Trade 4: Move UP because of Convergence. Trade 5: Move down because of Double Top coupled with Bearish Divergence. Trendline Breakout. Trade 6: Move UP due to Bullish Divergence.
1- Series of LH and LL on on the Daily. 2- Bearish Trending Structure. 3- Break out below Strong Support Zone. 4- 3rd wave extended to 78.6% of Fibo. Extension of the 2nd wave. 5- There is more room to the downside for third wave to extend upto 100% Fibo Extension of the 2nd wave. 6- First I would expect price action to slowdown and either Consolidate and the...
Target @ 38.2% Fibo. Retracement ….. Achieved on 01-09-2028 (260 Pips) Target @ 50% Fibo. Retracement ….. Achieved on 08-09-2028 (138 Pips) Target @ 61.8% Fibo. Retracement ….. Achieved on 28-09-2028 (130 Pips) CLOSE TRADE
1- The price action moved below the Dynamic Support Zone with the formation of Bearish Breakout Candle. 2- Regular Bearish Divergence on the Histogram followed by MAs on the MACD indicator coupled with the formation of two False Breakouts FBO-1 and FBO-2. 3- Three white Solders candle pattern. 4- Normally after 3 White Solders there is pullback...
1- Potential bullish divergence on the Histogram and MAs. 2- Bullish Engulfing Candle. 3- One can except a move to the upside. Target is just shy of the previous bottom of the range. At RR 1:1 - Close half & move SL to Entry Protection is below the last Engulfing Candle.
1- After Breakout from the Trendline, the price moved down. 2- It then retraced and retested the Trendline. 3- The price action then moved further lower to the Take Partials levels delivering a move of 90 pips.
1- Bearish Divergence 2- Range breakout to the down side. 3- Trendline breakout. Targets and protection shown on chart.
1- Price action bouncing from a strong Dynamic Support Zone. 2- Strong Bullish Candles. 3- Target Zone @ 50-61.8% Fibo. Retracement of the last move down. 4- Protection Zone @ last HL.
17-09-2022_Educational_Understanding USDT.D _ Daily The catch is; If the USDT.D is Bullish i.e its market dominance is increasing, meaning more people are parking their money in the Stable coin – most of the ALT coins will be Bearish. Conversely, if the USDT.D is Bearish i.e its market dominance is decreasing, meaning less people are parking their money in the...
1- Hidden Divergence suggesting a move down. 2- Bearish Engulfing Candle. As long as the last LH holds my view remains bearish. Targets and Stoploss as shown on the chart.
1- Daily: Bullish Divergence 2- H4 : Hidden Bullish Divergence Price Action has just retested Bottom of the Channel. Targets 1 @ 1707 Target 2 @ 1713.5 Target 3 @ 1719.5 Protection below previous LL @ 1690
That’s a simple Strategy. 1- Look for Divergence near Major levels of Support & Resistance. 2- Draw a Trendline. 3- Wait for the price action to break the Trendline. 4- Wait for a Valid Breakout, meaning after the Breakout from the Trendline, wait for another red candle to close below the Trendline for a Sell call OR another green candle to close above...
1- Daily: Hidden Bearish Divergence. 2- H4 : Double Top with potential Bearish Divergence. Bearish Engulfing Candle For Conservative entry look for bearish candlestick pattern after valid Breakout of the Trendline. Target 1 @ 1.63348 Target 2 @ 1.62526 Stoploss @ 1.65271
1- Daily ..... Bearish Hidden Divergence. 2- H4 ........ Bearish Divergence on MACD Histogram. 3- H1 ........ Bearish Divergence on MACD MAs. Double Top with Potential Bearish Divergence Enter with Candlestick Pattern OR Valid Breakout of the Trendline Aggressive Entry with some Candlestick Pattern. Conservative Entry @ valid BO of...
1- Bullish Divergence. 2- 2 False Breakouts. 3- Double Bottom forming a Support Zone. 4- Tweezer Bottom. 5- Bullish Engulfing Candle. Enter Buy Targets 38.2%, 50% and 61.8% of Fibo. Retracement. Stoploss below Double Bottom / Support Zone
1- Bearish Divergence followed by Convergence. 2- That presents a typical case of Consolidation / Pullback followed by further continuation to the DOWN side. 3- It looks like pullback is happening right now. 4- Potential Hidden Divergence in the making suggesting a move DOWN. Enter SELL by checking price action near R1, R2 and R3. Targets are 38.2 and 50%...
25-08-2022 _ Short Term Bullish Idea _ WTI D - H4 Daily 1- Bullish Divergence followed by convergence. 2- This suggests Consolidation / Pullback followed by a move UP. 3- Price action has broken above strong Support/Resistance Zone and retested it as well. H4 1- Bullish Divergence. 2- Bullish trending structure. 3- Price action is retracing right now. Check...
Strategy: Divergence followed by Convergence...Consolidation/Pullback and further Continuation 0- Bearish Divergence on MACD Histogram. 00- Move down because of Bearish Divergence. 1- Hidden Divergence, suggesting a move UP. 2- Move UP resulted in formation of Double TOP. Double Top coupled with Bearish Divergence on MACD MAs. 2A- Confluence of Double Top and...