Price action created a lower low, waiting for it to correct, i'll be watching for a sell setup in one of the two following levels: 1.2375 1.2494 if I get a sell setup based on my entry rules in one of these level, i'll enter a sell setup, with a 1% manual stop loss, and 2% automatic stop loss. this is how I manage risk in my entries.
https://www.tradingview.com/x/iklrhN6a/ Hello, Friends! CHF-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 175.342 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the CHF/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Price chart read from 2022 High to recent low. All depiction marked as per #ElliottWave, #Supplu-Demand & #Liquidity concept. Price action of 1-2 week will be clear indication of which way its going to unfold. More Bullish if closing above given level or its going to form a important top.
Quick Update fantom has a short hiatus and is back with Alt Season
$BAT/USDT Breakdown BAT broke the trendline and faced rejection at $0.30 resistance. There is a potential drop to $0.12, or 53%. Watch for volatility!
PENGU is an airdropped token by the Pudgy Penguins NFT project. The bearish scenario is confirmed if the price breaks the $0.029 level. The bullish scenario is confirmed if the price passes the $0.047 level. I expect the bearish scenario to be more likely.
https://www.tradingview.com/x/RUzbzjPe/ Hello, Friends! AUD/CHF pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 7H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.566 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅
I think there is potential for a nice liq grab to the downside up to 82k. I highlighted the low of the range and 2 area where i would be looking for a potential reversal. Scaling out inside the liquidity zone as i see a potential liquidity grab with sharp reversal.
SP:SPX NYSE:ES has broken down a relative support. Potential further lower prices ahead. SPX Adv-Decl made new low. Extreme bearishness might be good buying points.
AMEX:EEM has broken Supp + trendline mainly fueled by China's downturn and Brazil.