upward channel, 1:1 RR
rejection 3x on 15m nice doji on 30m
last kiss of support and the overall uptrend
in and out 13 pips 15 minutes
no draw down on this trade when entered on the last 15m rejection bar
happened right after 8:30am EST news
gave us a good push up and wick rejection on the resistance zone
bear engulfing on 15m and double confirmation on 30m with RRT as well as 1h gravestone doji that later confirmed as well
also right around 70 RSI on 15m
in a tight range, sell res buy support keep it simple
risk reward near 2 depending on entry and TP
4h morning star
1h morning star early london momentum still moving up
higher time frames always win so need to trust
we have triangle formation waiting for break with our long bias from higher tf
we get a last kiss on 15m with lots of nice rejection dojis
one more push and rejection of down trend line and then a break with the 5m tf
also 30m ftr which was a...
Triple bottom reversal pattern, confluence with audusd short analysis (posted before this), Daily bullish doji, 4h huge pin bar and rejection of lower price, Bullish engulfing type on 4h to follow pin bar
Wait for downtrend line to break and retrace, buy the dip and ride the trend
Take profits before / at the next resistance major zone BEFORE the 1h 200ema and...
Risk Reward 3.21
Coming off a Triple Top (Blue) on higher tf (as seen on 4h), Smaller tf (look 1h) a double top (orange), Daily candle FTR pattern, 4h Inside bar Bull fake out pattern
Momentum is down, accelerating faster pushing to break the zone, wait for clean break, retest of resistance which used to be support, candle stick signal like an engulfing for...
On significant resistance level - FX:USDJPY 40 pips in 4.5 hours
Doji and a following Bearish hanging man - could have entered here, little riskier but better RR
Also could have entered after the Bearish engulfing / completion of evening star after market has shown you were momentum is going
at either entry point, very little draw down. much easier to trade with...
SHARKKKK BUT DON'T RUN, SHORT IT INSTEAD. RIGHT DOWN TO THE .886/1.618.
1.nice break and rejection of the trend line.
2. clear double top rejection off the 1.13 ext to confirm a SHARK
3. rebounding off one of the major supply and demand prices.
STAY TUNED FOR UPDATES
hi guys whats up
The daily chart gives us more positive than the weekly timeframe by the way you have more time to make your resolution
if we look at the green resistance line we can see following signals
so it's hard to make your resolution at this point but it can be easy if >>>>>> the wave broke the green resistance line ( yellow line )
Hello crypto people. As you can see there was a false breakout after all. The problem is that when the first breakout occurred at around $115 LTC, the breakout was not organically. In my opinion a small group of people or institutions just pumped the price with high volume of buy orders.
It is dangerous when this events happen in a bear market because since the...
What’s this? —> “Pitchfork” analysis of the playing field for Bitcoin’s next price levels + explanation of historic movements based on that same fork.
We can see that the pitchfork can provide us a bunch of information on the pricing evolution, resistance & support levels and so on. Top that off with a nice Fibonnacci retracement scheme and we can start...