Trendline on the monthly timeframe is respected Going down to the day, BTC looks like it's poised to retest the month trendline. However, on the 4 hour, resistance wick is formed below Day support. 2 possible options: a) Price retest the region of the month's trendline and reverse b) Price respects day support resist and heads down to Profit 1 zone: 26020 ...
GBPJPY has been enjoying good gains, but is now at a strong psychological monthly resistance. Whether it goes up or not, GJ looks set for a short position to the previous resistance point on 21st Aug 10am.
On the weekly timeframe, support and consolidation channel is formed - flat highs. Going into the daily and 4 hour, we see price action playing withing the sideways range. The sideways range is "protected bu strong resistance and support at the daily timeframe. For scalpers. Look for strong Buy entries above 30,087 or Sell entries below 28,568. If BTC breaks...
Using the 4hour timeframe, GBPJPY is near a support and a week-support channel. Im expecting price to tap support and bounce up short-term. However, a break below the day-support with resistance would see a strong breakout downwards. Watch out for GBP CPI Y/Y news at 2pm HKT
Following the news run on 18th July during pre-NY and trailing up during the whole of NYSE, Gold is at a strong 4 hour resistance zone. With clean traffic both long and short direction, a breakout with confirmation either ways would indicate entry for scalpers. For buys, I'm looking only a volume session brekouts from a) 1984.435 to 1990.211 (buy) b) 1975.045 to...
Price action straight forward entries. Enter during volume sessions only. Miss trade > Lose trade
Clear entry upon breakout either side. See chart . Straight forward and no fluff
Scalp trades IDEA on GBPJPY Pre-lond to Pre-NY. Feel free to follow
Not gonna put a long "make me look smart" idea. This is where I am looking for OKX:ETHUSDT to move within the next few hours, pre and post NYSE Open Let's make money!
OKX:ETHUSDT is at a daily resistance level Move 1: Price rejects resistance, moves down to 1560 to retest support zone Move 2: Price rejects resistance, moves down to 1769 to retest minor support before bouncing back up. Targeted TP at 2160 Move 3: Price breaks resistance to 1990 (Week resistance), retrace to 1933 before making its way up to final TP at...
I've been using Price action and SnD levels to scalp / day trade for the past 6years, and FIbs are one of my favourite tool to use on the Day and 4 hour time frame , to gauge the possible short term movement. Fibs Values: Only the first 5 boxes, right and left 1st pair: 0 <> 0.236 2nd pair: 0.382 <> 0.618 3rd pair: 0.764 <> n/a 4th pair: 1 <> -0.25 5th pair:...
Welcome to the daily idea outlook on OKX:ETHUSDT My TA style . Support + Resistance Levels . Price Action . Occasional Fibs . SMA + HMA 7th April: 1) ETHUSDT is trending bullish on the weekly, but nearing a strong Day Timeframe structural resistance. This indicates only 2 things: Reversal, or Breakout. 2) On the 4 hour, lower highs are form. ETH has...