USDollar Index - Holding Long for NowHolding a long index bias based on persistent Heiken-Ashi up candles on the 4-hr chart.
Ashi
BANKNIFTY...BOUNCED BACK FROM SUPPORT!!BNF Taking strong support on 21070-21200 zones and now it bounced back from support. can expect it to reach first resistance level within few days.
When Will The Creep Organization Run Out Of Pump?Monster sized gains since march this one has been on a massive run over 600% in gains!
Once this one shifts red I'm taking my shot at it.
Lots of bad rep in the media been going viral on all social media outlets.
🤔🤔🤔
Google trends popping off for wayfair currently.
USDZAR buy scalp (trapped sells)Could be huge. Could turn into a flake. But should probably push up some more. But that's why am tirelessly working on my EA algo. I hate chart watching.
GBPUSD SHORT - WEEKLY timeframe - modified Heiken Ashi strategyUsing a modified Heiken Ashi system whereby one enters long or short at the next bar based on the body of the previous completed bar, even if it is a doji. A more traditional HA strategy takes a directional position following a trending candle. This modified strategy is more aggressive and more mechanical meaning one does not perform a full analysis of the instrument in addition to following the strategy rules.
In this trade the body of last week's HA candle was red therefore we enter short at the open. Stop goes beyond the local high. This constitutes 1 risk unit. An approximate target is set at 2.5 risk units.
XAUUSD LONG - WEEKLY timeframe - modified Heiken Ashi strategyUsing a modified Heiken Ashi system whereby one enters long or short at the next bar based on the body of the previous completed bar, even if it is a doji. A more traditional HA strategy takes a directional position following a trending candle. This modified strategy is more aggressive and more mechanical meaning one does not perform a full analysis of the instrument in addition to following the strategy rules.
In this trade the body of last week's HA candle was green therefore we enter long at the open. Stop goes beyond the local low. This constitutes 1 risk unit. An approximate target is set at 2.5 risk units.
UKOIL LONG - WEEKLY timeframe - modified Heiken Ashi strategyUsing a modified Heiken Ashi system whereby one enters long or short at the next bar based on the body of the previous completed bar, even if it is a doji . A more traditional HA strategy takes a directional position following a trending candle. This modified strategy is more aggressive and more mechanical meaning one does not perform a full analysis of the instrument in addition to following the strategy rules.
In this trade the body of last week's HA candle was long therefore we enter long at the open. Stop goes beyond 3 bars lower. This constitutes 1 risk unit. An approximate target is set at 2.5 risk units.
FTSE100 SHORT - WEEKLY timeframe - modified Heiken Ashi strategyUsing a modified Heiken Ashi system whereby one enters long or short at the next bar based on the body of the previous completed bar, even if it is a doji. A more traditional HA strategy takes a directional position following a trending candle. This modified strategy is more aggressive and more mechanical meaning one does not perform a full analysis of the instrument in addition to following the strategy rules.
In this trade the body of last week's HA candle was red therefore we enter short at the open. Stop goes beyond the local high. This constitutes 1 risk unit. An approximate target is set at 2.5 risk units.
UPDATE on Elliot impulse wave on EURUSD Hello world,
just a quick update regarding my idea on the EURUSD .
Theory:
currently in (correction) wave 4 and soon to engage in wave 5.
We have:
- 1 sharp correction, 1 flat correction (typical for impulse waves)
- longest wave 3 (until now)
- wave 2 not overcoming wave 1
- wave 2 meeting 61 fib mark
Used heikin ashi for easier visibility. Pattern was drawn on candles.
What I am waiting for:
- Breakout candles like big bullish engulfers
- switch in 1h trend to upside
Happy for feedback.
All the best,
c4ss10p314
Possible trend reversalAs we can see there is a small divergence happening here. The chart has given us a higher high but the MACD does not indicate a high high. The difference is not that big so this is a small indication because we normally would like to see a bigger difference in the chart and MACD. The other thing that could indicate a trend reversal is that the RSI has broken above the 70 level and that the Heikin-Ashi has already given us the first red candle. This 3 things combined indicate that there could be a trend reversal.
PLEASE KNOW THIS : It is a very news driven market at the moment so the indicators are not as accurate as normally.
BTC USD STRATEGY -long on blue and close when short is indicated
-short on red and close when long is indicated
Eur Usd short term trends-Long on blue and close when short is indicated
-short on red close when long is
indicated
ShortingWe can see that the RSI level of 70 has been broken. This is a good confirmation that the price is going to drop. We now just have to wait for the first red candle to be formed in the heikin ashi.
Let me know in the comments what you think of this.
Shorting?We need to wait for this one to see what the RSI will do but if it keeps going up the RSI will pass the 70 level and then we need to have a look a the heikin ashi to see that we can short it if there is a red candle formed there.
Let me know in the comments what you think of it.
Shorting USOILWhen we go and have a look at the chart we can see that there is a breakout of the 70 level in the RSI and that the first red candle is forming now in the Heikin-Ashi. This are good indicators that the price will go down.
Let me know in the comments what you think of it.
ShortingWe can see that the 70 level on the RSI is broken. This is an indicator that the price will go down. If we want to make the sell order we have to go and look at the Heikin Ashi for the first red candle there for the real confirmation that it is going to drop.
Let me know in the comments what you think of it.
Short on GOLDWhen we have a look at the RSI we can see that there was a breakout of the 70 level. When we than look at the Heikin Ashi we can see that there is a red candle that was formed. This is an indicator that it will drop.
Let me know in the comments what you think of it.
EURGBP droppingWhen we look we can see that the 70 levels on the RSI has been crossed. When we than look at the Heikin Ashi we can see that there is a good chance that the first red candle will be formed there. This would be a good confirmation of a drop.
Let me know in the comments what you think of it.
4th touch incoming? watch this wedgehaven't published in a little bit, needed some sleep. If you guys wanna see more charts and explanations of indicators from me use those referral links or send me a tip to let me know.
Anyway there are some other harmonic patterns on a different chart pointing bullish to around 9.7k so I expect this wedge will break bullish on the fourth touch. lower line is the long trend line we just broke out of, upper line is obvious. There isn't too much more to say about this but I'll include a note to say: make sure you are using heikin ashi it's really invaluable. The wick (more accurately relationship between wick and body) tells you a lot about the strength of the price action in a candle and it gives much smoother signals. You don't have to worry so much about little break outs and break downs watching the heikin ashi close. I think the kanji means average value leg if you break it down or just average bar. www.investopedia.com Make sure you guys use investopedia and some basic reading comprehension, they are a great resource. ichimoku traders watch for that tk cross above the cloud
Bitcoin Amazing Weekly Wave and PatternsLike it and Follow me for high Probability next setup.
BTC Amazing Weekly Analysis, Seen that chart in different time and candle view.
I used Heikin Ashi candlestick pattern. Hope u Enjoy it
XRMUSDPossible upward movement - on the daily. Bullish daily candle, after change of direction doji + saucer buy pattern, on a fast AO oscillator. Target is just a guide - exit on change of trend.
