Risk-------$3
Reward--------Loss
1. The reason we risked half is because
of the extremely high volume ($600M+).
And previously it also didn't particularly
respect the setup.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8453).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SFPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
SFP created LL's on 4HR and broke the structure. Quaqadial pattern is confirmed once the previous swing low is tested which SFP price has tested the previous swing low area. Now we shoot for the top up to 1.9145.
Hello guys in this chart it is forming "Evening Star Pattern" and if know guys this pattern happens when trend is going to inverse. So guys if you want you can short from $0.867 anyways #NFA.........
Hello guys in this chart it is forming "Head & Shoulder Pattern" , if it happens then it can go upto $0.68 means 5% down from $0.711. So guys just observe it happens then you can play short from $0.711.
Hello guys this chart is just for watching or you can observe but i will say don't take trades today because sometimes not taking trades is also a good trade and today market is so volatile and i am waiting for Jack and Elon musk meeting and also you can watch this SFP/USDT chart, if this ""Falling Wedge " happens then it can go down but as we know that pattern...
Guys you can open short position from weekly resistance at $0.8116-$0.83. Do your own analysis #DYOR...Anyways if you like my work than like and follow for charts.
In this chart it is forming bullish flag pattern. According to me after clear breakout in flag pattern price can go up to $0.91.Watch and play safe if there is breakout in chart then you can play long position with tight stop loss because right now market is in fear stage, so till then wait for breakout.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.035).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SFPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
