ProTradeProfessor
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ProTradeProfessor

market is making series of HH and HL. market has taken corrective move uptil 0.382 of Fib Level, we shall take entry on break of HH and SL will be placed beneath the HL after being formed. R:R of 1:1 and 1:2
ProTradeProfessor

Story : Market formed a BEARISH DIVERGENCE on 1H time frame and then divergence played well as we can see market broke the neckline (HL) and then continued series of LH and LL (Dow Theory) TRIPLE TOP kind of formation can also be seen before it continued bearish divergence Anticipate : I anticipate that market will continue series of LH and LL as there is no bullish divergence and no sign of reversal pattern. Plan: We take our entry on the break of LL which is 3380 level, and then we continued to target TP1 and TP2 with our 1:1 & 1:2 R:R ratio. once pending order is triggered, out Stoploss is defined which is slightly above the defined LH 3410 level. Dear Followers, Keep following and like- if you want more (simple) analysis like these
ProTradeProfessor

Bitcoin is in bullish trend making series of HH and HL, Market is making perfect AB=CD pattern and therefore we can project our TP at "D" point which could be a potential reversal zone. Entry at Breakout of "B" and SL below HL.
ProTradeProfessor

Bearish Indicators : 1- LH and LL 2- Market is respecting Bearish trend line resistance 3- Market is respecting 0.618 level of FIB level 4- Formation of shooting star candle stick from fib / trend line levelHappy Trading, wait and watch your TPs getting Hit !!!!
ProTradeProfessor

Gold Shows Strong signs of Bullish Trend Continuation. Bullish Confluences Shows1- Continuation of HH and HLs. 2- Market is testing and respected Strong Support Level of 0.236 of Fib LevelThe only Bearish Indicator is Divergence of 1H time Frame, which can show temporary correction till trend line support .ENTRY : If market breaks HH then it will test market TP (Green Arrows) and If market Breaks HL, then it will easily test RED Arrows (Projected short entry)TP hit
ProTradeProfessor

Market has remained been in BULLISH trend for Long. However, Market has taken corrective move uptil 0.382 of FIB level and which is also a good 4h support zone. Market has respected this level and did not break the HL with Good momentum. it indicates that market will keep continuing Bullish trend (due More weightage ) to BULLs and target are specified.
ProTradeProfessor

Market is marking series of HH and HL , market has rejected from 4H support zone followed by Hammer candle. This support zone coincides with FIb level of 0.236. Market has formed Bullish Flag pattern which is also a strong sign of Bullish Pattern continuation. market is currently making a corrective move and its good time to buy. place stop loss below HL.TP HIT
ProTradeProfessor

Market is making series of HH and HL, however has market recently shown corrective move. FIB level rejection from 0.382 of Bullish rally is done. market has shown rejection signals followed by Formation of Bullish Hammer pattern near FIB Support level. market will Go till TP1 and TP2 once the drawn resistance level is broken. SL is below HL.
ProTradeProfessor

Market is forming series of LH and LL. Market is Below 200 EMA on 4H time frame indicating continuation of bearish trend. Further, RSI is synch with price movement indicating Bearish trend continuation. Market has tested Trend line rejection which is also FIB 0.382 level followed by formation of Bearish Engulfing pattern on 4H time frame. Entry @ current market price and make TP and SL as indicated in chart . Happy Trading Traders.TP hit
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