Retest-structure
GPBJPY wedge breakout, retest and confirmation.GPBJPY was forming a neutral wedge, which it broke out from towards the downside. After waiting for a retest, price broke through our resistance and had a retest towards the upside. After confirmation from the retest, a buy was placed for a r/r of 11/1.
XAUUSD 1862.69 -O.77 % SHORT IDEA * CONTINUATION & STRUCTUREHELLO EVERYONE
A look at GOLD, now gold just had an impulse move with the bears with significant momentum traded in a symmetrical triangle and broke below of structure now it seems we are pushing up to retest this structure which may signal continuation, looking forward to this move to signal the trade and looking for continuation to the down side because momentum with the bears was just too strong and i'm thinking we might continue, gold is still within that descending channel which just saw a false break.
As always higher time-frames for direction and whats happening in the overall chart and lower time-frames for entry opportunities.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET THE WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Week 46: ZSF 2021 Buy at retest levelWeekly analysis for ZSF2021
Week 46: 09 to 13 November 2021
Market was pushing the price higher and made a new Higher High last week.
The Head and Shoulder formation was not happening, on Friday the momentum was slower and today not much happening too in Asian session.
Overall trend is still bullish, but don't jump to the band wagon now; we better wait at a retest level to long.
My personal trade call for this week :
Buy Limit at $1,084
Stop Loss at $1,061
Take Profit at $1,130
RR = 1.92R
Special note :
As there is no reference on the Take Profit, we do not know how bullish it will be.
My advise, watch for the Price Action in H1 and H4; they will give you an early warning whether to close manually or let it ride.
If I happen to watch it, I will update it here on comment section.
Disclaimer :
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
What do You Think on GBPJPY????As we can see guys we have a break on our trendline support and the price has already retested our trendline support, As long as we have a break and retest we anticipate bears to be in control for the next week.
WE ARE TRADERS I KNOW YOU MIGHT HAVE SOME IDEAS, LETS US SHARE AND DISCUSS MORE IN THE COMMENT SECTION.
GBPUSD 1.29188 + 0.39 STRUCTURE & PRICE ACTION IDEAHELLO EVERYONE
Here's an idea on the DOLLAR/POUND that broke out of the descending channel structure pushed up with the bulls then came down to retest structure and is currently trading in a nice recovery candle with the bull. looking at what price will do or rather will it break previous previous swing high and push up has will be watching price in my trigger area and a break above the 50 M.A would be one of those nice confirmations that trend momentum is shifting with the bulls. hope this idea assists in a way with your trading of the DOLLAR / POUND.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
LINK - DO NOT SELL YETHello,
the bad candle today was due to
1-the linkusd price to approach the psychological level of 10$, and many people set a TP slightly below in order to make sure it was triggered.
2- a retest of the fibo retracement area in the linkbtc chart. As far as we do not fall in it again, I am still bullish.
Golden Pocket Short Setup on PullbackLooking to enter shorts on a pullback to retest the broken ascending trendline and the currently descending trendline in confluence to our 0.618-0.65 fib retracement area, ultimately creating a golden pocket to open our positions from. Furthermore, there is a strong historical S&R zone which can act as a rejection spot for the price.
Intra-day Long & Swing Short SetupIntra-day:
Looking for a pullback to retest the recently broken hourly trendline in confluence to our 0.618 fib retracement and a strong hourly support area.
Swing:
Assuming the intra-day setup plays out in accordance to the plan, a strong short setup is formed on the respectable descending trendline in confluence to the outer 0.618 fib retracement and previous S&R area.
USOIL back to run 🦐The market after consolidating below the 41 area has now break the Daily structure.
We will wait for the closure of the daily candle and check for a long position at the retest of it to set a long order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
IOSTBTC nice breakout on 4h 🦐IOSTBTC nice breakout on 4h, now we are waiting for a retest According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Hindustan Petrol from 17 July 2020The stock has come out of downtrend and pushing towards the upper range
Currently buyers exhaustion ( retracement ) can be seen --> MFI also started decreasing --> expecting price to come to red zone than continue its push to the 240 target range
Trade Setup :
When price comes down to 215 Level --> SELL PE option which has value of 5rs ( possibly 205,200)