NAS100 Buy Setup on 4hrs TimeframeI am expecting a rejection at the current strong support zone
This is my analysis only, please trade with caution and risk management in place
good luck this week
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4hrchart
Bitcoin Head and shoulder pattern on 4 hr chart on its wayif btc break the neckline which is coming in around 44800 on 4hr chart, then the technical price is coming in around 48000. if btc failed to hold the range with 42800 to 44800 and break down to 42800 then the pattern will be invalidated.
DOT/USD LONG 4hr DOT managed to break through resistance at 19.0. Further uptrend movement could be in (short term). Chart also formed a double bottom at 18.0, this is a bullish signal
Worth nothing that resistance level at 20.7 is strong, be cautious.
entry: 19-20USD
target 23 USD
Not financial advice.
Analysis USDJPYHello traders, I see that UJ rejected the 61% to the upside already. That gave the confirmation of the divergence on the RSI. If you want more confirmation, lets wait for candle structure to form. Wait reach my targets since it is the beginning of the month where most news comes out.
EURUSD | 31 Jan 2022 - H4 Quick view.4H . Quick Look
As you can see, there is a shift in the market structure.
Today, the sell stop orders were activated below the bottom on Thursday.
And buy stop orders were caught during the New York session above the last low.
I expect more bulls on the 4H chassis
Target 1.1270
USDCAD 4Hr AnalysisWe have created a HH on the 4Hr Chart
However the way that the candles are printing has me concerned
for the bulls. Additionally, the Daily TF has a large top wick
. This wick was created during London Open as price came flying down
liquidating fomo buyers. Im looking for a correction down to 1.263.
Our Daily Resistance at 1.26850 appears to be holding fairly well
EURUSD 4Hr Analysis, Week 4 2022Reasons listed on Chart for why Im bearish
Usually smart to trade with the trend
Unless market Structure Flips
and You get stopped out. Currently in a short here
We have a huge range on the Daily/Weekly TF's to clear
down to 1.105 and eventually 1.10
US Crude AnalysisBullish on the Crude
No reason to countertrend trade unless you have a tested system
that consistently provides a good RR. This 4hr candle is printing a new HH
in market structure. I anticpate 90$ before the end of the week. We have 4 more trading
sessions this week. We would like this 4hr candle to close with a top wick, so we have wicks to fill in momentum
GBPJPY 4Hr Analysis, week 4 2022 We may come up to 155 on the Daily
We may Respect 154.500 Since we just closed below that
price point during the Pre-NY 4hr Candle.
I don't like it a whole lot, Staying out for the Time being
I had just taken a 5:1 RR position that got stopped out,
Trading in Line with my bias, Bearish , Due to the Daily/Weekly TF's
I'm still looking for a retest of lows, at 153.8 and 153.5
BTC Update. Such Wow 4HR TradingUpdate video. The last one out was "every thing looks like doodoo"
I found it funny the last video i made last year in march was calling the sell and when I came back this year and checked it looked bad as well. Maybe I am bad luck for btc? Nah.
AUDJPY : 4H ANLYSIS 💰
FX:AUDJPY
As you can see, everything on the chart makes sense, every move makes sense.
As we can see, the price is in the descending channel and we've just created a new LL,
which means we can expect a pullback that will allow us to make a new LH after what
I expect that price will follow descending structure and make new LL.
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CHFJPY Analysis Headed UpwardWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
**CHFJPY - expect a bounce upward from the buy/support zone as price is respecting previous daily support after a full correction.
We recommend that you enter when the entry criteria of your strategy is met.
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AUD/USD Broken Ascending ChannelAUD/USD 4hr trendline break, in this ascending channel price hit trendline 3 times before it broke. Will be looking for a full retest to last swing high or even trendline than candle play for a possible short-setup. What are your thoughts on this play?
GBPJPY Progression to 158Looking on the HTF, we can see an opportunity for GJ to continue its course to 158.000. Here we will be entering a new zone where we could see price continue to remain bullish.
Will be entering a long position at Higher Volume Periods if price continues to its uptrend. (0700 UTC)
EurChf buy DEBUNKED (Buy)Hello traders
Back with my diamond patterns. Today we will discuss about EurChf buy. Here we can see EurChf is in a diamond pattern with an embedded triangle. The triangle created 2 waves on the left side. An inverted small V-wave and a regular/larger V-wave. Clearly price is in the other half of the formation and now it looks like the first wave is completing(should be completed by end of the day or tomorrow. And the other wave is yet to form. From what I can see this is a 4hour time frame chart.
If you go for this trade you should aim to take profit on the top of the second wave and short it right away. *Do not increase your risk size, use same risk*!!
Good luck if you take this trade. This isn't a financial advice, just a guide and opportunity that has presented it self. Use sensible risk please!!
Good luck
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Thank you
REQ Contrating Triangle 4H Chart LONGHello everyone,
On the Request Network (REQ) 4H chart, price has been stuck between the horizontal support and the diagonal resistance for a long time.
First of all, the price will break the diagonal resistance in the very near future, and then not surprisingly, it can be expected to retest this line. Initial buy can be made at current levels or by retesting the diagonal resistance.
However, it should not be ignored that the price bounces off the lower horizontal support (0.3699) in this process. If this happens, the average can be lowered by buying again at 0.3699.
Profit levels are 0.4316 and 0.5143. Please sell gradually while you take your profit.
However, the stop-loss area shown on the graph with the purple rectangle should be taken into account, as risk management should always be acted upon.
Do not forget to put a stop-loss at a point between 0.3000 and 0.3387, which will give flexibility of movement to the price depending on your own risk management.
Farewell
Avalanche (AVAX) 4H chart LONG and SHORTHello everyone,
I studied the 4H Avalanche (AVAX) chart and noticed a nice Fibonacci ABC pattern in the price movement.
It would be much nicer if it would return from 0.50 or 0.618, but I guess the price that once bounced from 0.382 in this pattern will bounce again.
I showed the first Fibonacci levels by writing so that the texts would not be intertwined.
As seen in the second fibonacci plot, I noticed a very nice point (117.36) where the diagonal support intersects the fibonacci 0.382 level.
Although I guess this will be a good buying point, I think it can also be a good breaking point (for short position).
In summary,
117.36 entry price or buy for long position, short position and spot,
for those who want a slightly more secure entry;
126.97 entry price or buy for long position and spot,
110.36 entry price for a short position.
You can examine the horizontal support and resistance lines (yellow ones) on the chart for take-profit and stop-loss levels.
Farewell.
ALICE Short Term LongHello everyone,
A contracting triangle is forming on the 4H chart of ALICEUSDT.
It is likely that the falling diagonal resistance will be broken first, (the price may also break the rising diagonal support at the bottom!) and then it will rise to the resistance at an upper point (around 14.10). Approximately 10-12% movement can be observed.
Be sure to consider the stop buffer zone indicated at the bottom as a purple rectangle.
Have a nice day.
NZDCAD the next thing I’m looking at next week is .... short selNext week I will pay attention to this pattern of movement ....
There are many confirmed clues:
-fibo between 38 and 50
-round number
-support lines
-trend area
if the price breaks through my area and goes towards 100 sma I will treat the trade as a powerless area and I will not trade.
If the price bounces i will pay attention to candlestick bearish reversal patterns and watched to sell in 1h graph...
DOT trading IDEALooks like large C&Handle with rising wedge, pattern within a pattern.
Potential targets
Oversold and anticipating bull run
GBPCAD Short Opportunity4HR OB - 50% remains fresh and untouched.
1HR OB - 50% remains fresh and untouched.
Trading Plan:
1) Set Price Alert
2) Wait for rejection confirmation in candlestick patterns
3) Wait BOS
4) Break down into smaller timeframe like M15 and set Pending sell limit order.
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Alternatively, QML is another short entry setup.
However, this QML is not that typical in structure, hence, assuming the probability is not high.
