4hr
aapl showing how broader market will fareim depending on this large cap value in tech to lead the way for the rest of the market as a bellweather in technology. if we fall beneath pivot to start testing sss signal as resistance and it turns red were headed for daily consolidation in tech and the broader market, probably testing that ma as support. if we keep a green signal, and hold pivot testing as support we should move toward upper horizontals as long as we do not h/s around potential neckline.
USDCAD Local Buy from Support Welcome back! Let me know your thoughts in the comments!
**USDCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
EURUSD 4H TFHi everybody
We have here EURUSD 4 hour timeframe.
We are in a range as you see, price comes to discount, hunt sellside LQ and then we see a displacement.
Also you can see POW3 (ACC, MAN, DIST).
Price comes back to imbalance, touch the OB and is going higher.
I determine 2 point as targets.
#TheStrat BTC Broadening Formation 13k to 16k BottomWeekly Chart shows a longer term broadening formation with the purple box as my potential bottom at 13k-16k for BTC
Daily Chart shows we continue to fail to push towards the high of the broadening formation and continue to break lower
4hr Chart shows that we are quickly approaching the long term broadening formation
I would watch the price action around this lower broadening formation and look for bullish reversals.
Educational purposes only, this is not financial advice.
OIL 4h SellOil on a 4h time frame is a sell according to the Stochastic RSI strategy to sell
crossing below 80% or buying crossing above 20%. The daily (top down analysis)
supports a move to the down side. The general markets in turn look oversold and
are trying to blow off this oversold condition. Therefore it looks good enough to
take a trade. The stop should be at above recent higher highs.
CADCHF Intraday & Scalp I SHORT Welcome back! Here's an analysis of this pair!
**CADCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
AUDZD Scalp Area to Watch Welcome back! Here's an analysis of this pair!
**AUDNZD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
GBPUSD Swing Upwards +100 pips Welcome back! Here's an analysis of this pair!
**GBPUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
a couple paths starting the week off in nasdaqnq1! has started off showing signs of support only just holding the uptrend daily off of reversal on a potential neckline. im guessing if we resist around left shoulder area and break the neckline its bearish looking for around 12345, and if we break resistance around 12689 and come to some higher low we could challenge 13000. 12444 and 12666 are hourly levels to watch directionally for now.
eyes still on a potential reversalstill looks like aggressive dip buying at some point is going to trend above neckline here and cause additional 4hr squeeze as long as we hold 26.50 area if we get in the high 34s this could lead to above 40
right now the hourly is still bearish, but the daily reversal could still complete
NAS100 Hidden Bullish Divergence Suggests ContinuationIf you have been following my charts for a while, I suggested that the general markets could turn
back up as the monthly had blown off its extremely overbought state since I started posting in
December. Now that they have bounced we can see that the bulls are not done yet and
are looking to cross the 200ma on the 4hr time frame. The hidden bullish divergence suggests
that this is the case and we likely will continue the trend upwards. Are we in a new bull market?
We can not say...there isn't enough evidence at the moment and anyone that says otherwise
does not know what they are saying. We have evidence that the monthly is now oversold and
looking to turn back up--but it could be denied at the 50% line for monthly oscillators.
Maybe the oscillators could cross upwards past the 50% line and create Hidden Bearish Divergence
where the markets make a lower high but the monthly oscillator makes a higher high.
Maybe we make all time new highs. We ca not say. What we can say is that for now the bulls
seem to be in control and are looking to take this higher. Respect the divergences. I have proven
they must be respected. Good luck trading.
Here the set up is simple, WAIT for the 4hr Stochastic RSI to move past the 20% line to confirm a buy.
Gold God mode 80% strategy 6.5RR4HR chart Oanda broker. Never a drawdown above 5% on floating NOT closing trades, 80+% win rate for about 15-20% a month trading only 1 lot ! Fresh signal on Wed 5*25/2022. Look for it to return to the Red zone around 1830. Shoul/could be a MASSIVE move. Further charts will provide the outcome.
Strategy was backtested to 1-1-2022.
1850 SELL
1833 Take profit. ^80% chance.
God bless you all, have a wonderfull trade.
TSLA - time to buy? Not yet.. careful with sells however, we have met a MM. I have some buy entries lower, but that is risky. Reasons to buy on the chart will be a breach of 700 and midline of the current down channel, but be ready to get out at other side of channel in case we go lower. A break out of the down channel top and consolidation or 2 failed attempts to go lower again will be the classic buy set up with targets noted above. A breach below will put my next value area in the mid 500s to look for the run up. This one is way more volatile than AAPL etc, so be careful with it and trade smaller lot size (is my suggestion).
NZD/USDHello traders. I hope you are all doing well. Today I will show you my potential trading plan for NZD/USD next week, if things go as I expect. This is a 4h tf and we can see that we have two inverted head and shoulders patterns on it. The first one is almost done, because the minimum target of this small h&s is around 0.6450, and if the price continues to go higher, we can expect the formation of another h&s, the bigger one. In that case, the price could reach 1.618 extensions, which coincides with strong daily support. In this area, we can consider taking a short position. After that, we can wait for the formation of the right shoulder and consider taking a long position if things continue to move towards this scenario. Otherwise, if the price reaches only the minimum taregt of this small H&S, it is an obvious sign of weakness, so the trading plan should be changed in accordance with the factors that occur in that case.
USDJPY ABC + Negative Divergence SWING IT!As I previously posted the USDJPY is suggesting a topping pattern but that was highly
speculative because there isn't enough evidence to support the idea that the USDJPY is in
a downward trend (lower highs and lower lows). BUT this setup though not conclusive is
a good setup to give us greater probability of being right that the USDJPY will turn down
for at least a decent trade of 100 pips or more. The idea is to sell the 1hr Stochastic RSI
moving below the 80% line and monitoring it until we can then switch over to the 4hr
time frame and leave it alone until the 4hr Stochastic RSI moves upwards past the 20%
signalling our BUY exit. This way we can maximize profits and have a mechanical system
tell us when to exit. As I mentioned in a tutorial the 4hr time frame tends to capture most of
a swing move as opposed to the 1hr.
Ace of Waters - 4hr 280% 1yr backtestI have no words for this back test on gold 4hr Oanda chart - Heikinashi candles. Over 280% profit in the previous year, within just over 240 trades. Only a max drawdown of 0.46%%??? My jaw is literally on the floor right now. It has always been my dream to find a reasonable solution to market volatility on GOLD .... The test includes the .005% fee Oanda charges PLUS the 15 tick average spread or 'slippage'. Honestly, I dont know what to do. Its been 4 years and 100's of hours trying to find something simple, sustainable and for gods sakes understandable. I think mitigation of such a huge profit potential with such a small draw down is THE holy grail I was looking for. IT IS NOT FOR SALE. DONT ASK. LOOK AT THE CHART, FIGURE IT OUT FOR YOUR SELF. PS. The settings and calculations derived are NOT arbitrary or discretionary. Its dynamic and relative. I dont claim to hold any superior math skills BUT ive done enough to know the dangers of second guessing. Ide be happy trading this algorithm on autopilot and dont profess any knowable future results BUT who cares, your going to likely win 3/4 trades and the trades you loose will likely only be 1/7th the trades you win. Be like water my friends.
Dogecoin Long Price Target ConfluenceDoge on the 4 hour time frame,
I have identified multiple patterns,
(each one is indicated on the chart in different colors.)
These patterns have very similar price targets
Which makes me more confident in potential success of my trade set ups.
Indicators: 200 EMA (red) 50 EMA (green)
The 50 EMA is currently holding down the price, but a break above it should allow the price to hit the top of the ascending wedge (yellow) Which is inline with the 200 EMA (the next resistance)
The patters I found and their price targets are:
#1) Ascending wedge (Yellow)
- Price target: $0.1915
#2) Descending Triangle (Purple)
- Price target around $0.1960
#3) Descending Triangle (Pink)
- Price target: $0.2200
#4) Double Bottom (Red)
- Price target: $0.1890
The first trade could be taken once price breaks above the 50 EMA (green)
- Price target: at the top of the yellow wedge ($0.1540)
- And a stop loss trailing the bottom Support Line (Bottom Yellow line)
The Second Trade:
Enter Long If and When:
- The price is above 200 EMA
- And the Ascending wedge is broken out of (Turning $0.1540 into support)
Stop Loss:
- Under the Support zone: @ $0.1495
Take Profit:
- Between $0.1875 and $0.1960
The Third Trade:
Enter long:
- once $0.19 is broken and becomes support
Stop Loss:
- $0.1795
Take Profit:
- Between $0.2150 and $0.22
Not financial Advice
Please leave a comment if you have anything to add, I would like to hear your thoughts.
Possible break and retest on CAD/JPYCADJPY has been in a strong uptrend for a long time and this is a sign of weakness we are seeing in a long while, DXY is also in an overbought situation and hence we would have top keep an eye on the dxy and a break below on the CADJPY for more bearish confirmation
Glmr/usdt symmetrical triangle H/S ideawhat we have here is a winning trade. i planned on buying at the lower trendline.
I did not open the trade based on what bitcoin. we all know btc is the driver of the show.
when btc dips 3% altcoins dip15%. so yes i had fear of losing money, a trait that needs to be eradicated when putting on a trade.
kill all fear doubt and uncertainty. Moving along...
now we have a new idea in motion. with the breakout of the symmetrical triangle.
The strategy here is buy the BCR (BREAKOUT,CLOSE,RETEST). WE Buy the re test of the breakout of the symm triangle.
good luck and i plan on posting more set ups...