Long: If it breaks to the upside, it could be a great opportunity for staking and holding for a few weeks. It has broken the weekly trendline and compared to other cryptos it looks pretty strong for me. Short: But it could be a great short, if the lower trendline breaks. Possible entry long: buying the bounce of the lower trendline or the break of the upper...
nice risk reward trend following setup.
Nice short opportunity with a great risk/reward. The imbalance is good, the only thing i don't like is that we have a lot of candles to the left where the zone starts.
If it retraces so far, it is a nice short opportunity with a nice risk reward. If you look at the higher TF, the target could be the last weekly swing low. If you wanna discuss such or other trades in detail, feel free to join our brand new forum at forex-essentials.com. We also have since almost 1 year a Live Chat with some experienced traders.
Nice trend following short possibility if the market retraces up to the 4h supply. We just bounced from a daily supply with a stronger reaction. At the moment we are above a resistance, but i expect that we will break through. If you wanne discuss this or other setups in detail, join our FREE Live Chat and/or forum at forex-essentials.com. The chat exists since...
Nice trend following short possibility if the market retraces up to the 4h supply. We just bounced from a daily supply with a stronger reaction. At the moment we are above a resistance, but i expect that we will break through. If you wanne discuss this or other setups in detail, join our FREE Live Chat and/or forum at forex-essentials.com. The chat exists since...
We are still making lower highs, as always i prefer 2 targets, the first one with a risk reward of 1:1, the second down to the next zone with a trailing stop.
We are on a downtrend on all bigger timeframes, at this zone i try to enter with a small risk. The imbalance isn't the best. As always i use 2 targets. If the trade fails, i try to find another zone to go short, because we just took out the last weekly lows.
As always i use 2 targets, the first with a 1:1 risk reward, the second down to the next zone. The zone has not the biggest imbalance, but we are on a daily, 4h and 1h downtrend.
The post of this setup is a bit late, my order got filled last night. I prefer 2 trades, 1 with a risk reward of 1:1, the second one with a trailing stop down to the level at the bottom.
nice daily supply zone with at least 2:1 or 3:1 risk/reward
this 4h zone is nested in a daily supply zone, a possible entry to follow the weekly downtrend after taken out the last important lows.
small 4h setup for a short with a great risk/reward. you should take every possible entry you can get to follow the strong downtrend. The target is the daily demand at 0.72880.
we are coming near to a weekly supply zone, the zone is not the strongest, the risk/reward is pretty nice
nice possible long, not the strongest zone, but a nice risk/reward
high risk/reward, pretty strong zone, your target should be at least 1:3, i prefer the blue zone in the middle for TP
confluence with the 4h/daily and weekly supply, nice entry for a 4h trade or a long term swing/position trade. target at least the blue demand zone.
the market is going sideways at the moment, the lower blue box shows you a possible entry for going long to trade between these 2 zones.