NEW IDEA for AUDNZDwaiting for either a rejection of this level or break through to the down side & retest for continuation to the down side. I see more of a long position for this pair but we never know until price fully confirms through price action. patience is always a virtue. never rush a trade! follow for more updates.
Breakandretest
Possible BUY on AUDNZDbreak & retest on a higher time frame. I've looking at this trade since Friday & it may play out in our favor. We're looking for a strong bullish rejection candle off of the golden zones. via 50,61 fib. Once it gives the right confirmations, I will enter for a buy & take this trade up to my extensions. If we get that confirmation candle, enter from the 50 & place SL right below 61 on fib. if it rejects from 61, we place a SL right below it as well, probably 20,30 pips.
TRADE IDEA FOR US30 we're ultimately looking for a break & retest for those levels. I have more of a SELL bias via the chart analysis but we're not ruling out the buy option.
Gold -> Time For New All-Time-HighsHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Gold is about to retest its previous all-time-highs exactly at the TADAWUL:2080 from which we already had two previous bearish rejections away towards the downside.
You can also see that weekly market structure is still massively bullish, so I am now just waiting for another weekly retest of the previous all-time-high before I then do expect another short term rejection away towards the downside.
On the daily timeframe you can see that Gold just retested the previous daily resistance area, now turned support so I just do expect more continuation towards the upside to retest the TADAWUL:2080 area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum -> Finally The BreakHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum just recently perfectly retested and already rejected the previous all-time-high of the 2018 crypto cycle.
You can also see that we are approaching a massive HKEX:2000 area resistance, however I do expect Ethereum to break above the resistance and then just create more continuation towards the upside.
On the daily timeframe you can see that Ethereum already broke above a previous daily resistance area exactly at $1700 so I am now just waiting for a deep retest and some confirmation before I then do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ASIA: USDJPY - B&R - MOMENTUMLiterally the same exact setup (break and retest) we just posted for AU but this time they are swinging pairs the other way (probably, who knows) It makes sense tho since last setup hit TP and reversed. Would rather wait for a candle close above previous candle but I like the USD momentum I see across the board.
Tesla -> Preparing The BreakHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla just recently had a rally of about 100% towards the upside followed by a healthy short term correction.
As we are speaking, Tesla stock is starting the next impulse towards the upside, you can also see that we have the potential to create an inverted weekly head and shoulders so I just do expect more continuation towards the upside from here.
On the daily timeframe you can see that Tesla stock is over and over again retesting the daily resistance area at $200 so I am now just waiting for a break above the resistance and a retest before I then do expect the next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NYSE - VISA - BREAK & RETEST - MOMENTUMBeginning testing phase using my system in the stock market!
Aiming for being able to use it for my own personal longer term investments, ideally to diversify and sow multiple income streams!
The strategy is simple but very systematic and well defined and it's taken me many years to really put together every part of successful trading down to the most intricate detail. If it can work in other markets as well as forex, then the proof will be in these public ideas that everyone has access to and that can't be deleted once posted so there will be no doubt of the authenticity and quality of the system. Which in turn, might open the door later on for potential educational material to diversify income streams which will in turn bring a higher quality of execution in the markets because there will be less financial pressure to perform.
Anyways before any of that takes place, I must see if the system can achieve a positive expectancy in stocks so be on the lookout for future stock posts as well.
Starting out with V using my bread and butter! The classic B&R play that appears throughout my ideas in forex. As far as timeframes, from pure observation in past instances with the stock market, I've found the 3 Day candle chart to be particularly clean in terms of price action so that will become my default timeframe for stocks for this first testing phase.
Lets see how this plays out over the next few weeks!