EURUSD - Bearish SharkIf you have watched my video analysis you would have known that there is a Bearish Shark on the 1-hourly chart as well.
I'm going to squeeze the stop-loss level as there is the tweezer top that allows me to do that.
Candlestick analysis
EURUSD long tradeThis is exactly what I talked about on Sunday, price now pushing towards resistance area 1.16200. I'm currently not in a trade on this but ill be looking for possible shorts from that resistance area and another opportunity to take a continuation long after that.. these moves I wouldn't expected for a couple more days.
SPX: Could this be the beginning of a PULLBACK?Hello traders and investors! Let’s see how the SPX is doing today!
Last Friday, we had a classic Doji candlestick pattern in the daily chart, which wasn’t triggered today, so we have no pullback confirmation yet.
However, we have more key points to work with right now. Besides Friday’s Doji, if we look in the 1h chart, we see a sideways correction to the 21 ema:
The index didn’t fill the last gap around 4,680, indicating a lot of strength, but we have a support at 4,681 (green line).
If the index loses this support tomorrow, it’ll trigger a bearish structure in the 1h chart, a bearish pivot point (a lower high followed by a lower low). This breaks the bias, and brings a correction that will probably be seen in the daily chart.
If this correction would be a price correction or a sideways correction until the 21 ema in the daily chart catches up with the price in the daily chart, we don’t know yet. Remember, none of these signs was triggered yet. Let’s wait for more confirmation.
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Have a good week.
GBPAUD - Bullish SharkA potential bullish shark pattern completes at 1.8161 for traders who are looking for a buying opportunity in GBPAUD.
Structure traders can wait for the retest of the trendline for a buying opportunity. This is the wedge formation. Are you able to recognise it?
AUDCAD - Bearish SharkAn emerging Bearish Shark Pattern completes at 0.9260. Upon completion of the pattern, the price of the candle close is important to determine if the sell zone is broken.
If you are looking for a buying opportunity, a retest on the bearish trendline(blue) without closing below the trendline can give you an aggressive buying opportunity.
USDJPY-Weekly Market Analysis-Nov21,Wk2There is a bullish flag pattern on the USDJPY daily chart, however, I'm looking to buy lower the the flag pattern and engage the buying opportunity on the Deep Bullish Crab Pattern's HOP level that completes at 112.65.
GBPUSD-Weekly Market Analysis-Nov21,Wk2I'm waiting for a double bottom to complete at 1.3446 for a buying opportunity, as long as it never breaks and closes below 1.3419, it will be alright for me to head in for a buying opportunity.
I'm into this double bottom trading opportunity, partly is because on the daily chart the market is showing a sideway bounce setup, and this is 1 of my favourite trading setup.
EURUSD-Weekly Market Analysis-Nov21,Wk2On the 4-hourly chart, a Bearish Shark Pattern's completion point happens to be at the daily chart key resistance area. Great for traders who are looking for a shorting opportunity to engage the trade.
EURUSD forming buy area!EURUSD forming a support area and rejecting the area of 1.15400. Ill be waiting for another rejecting on the 1hr to get long entry's from that support, this could be an opportunity for a longer term swing trade but also we could be consolidating so ill be taking a percentage profit around first targets, target areas if I do take that long trade will be around 1.15900 which is last 4hr resistance. Make sure you are always risking appropriate to your account size, and have a good week!!
SHIBUSD - W1/D1 - PIVOT LEVELS !DAILY :
50 % Fibonacci retracement @ 0.00004689 has been filled. Currently traded around an important key pivot level @ 0.00004890 (MBB) !!!
Indeed, a failure to stay and hold on a daily closing observation above this level would be the first warning signal, calling for further downside. Next
significant support level being @ 0.00003702
WEEKLY :
Dark cloud cover pattern in progress ! A weekly closing below 0.5153 would confirm this pattern which also would be seen as an additional warning bearish signal; I would
add that a weekly closing below 0.00004689 (TS & KS cluster) would also add further selling pressure which should accelerate the downside move calling for 0.00003702 which
is also roughly the opening level of the long white bullish candle of the previous week (Opening @ 0.00003604 and Closing @ 0.00006706 with an intraweek high @ 0.00008870 !)
CONCLUSION .
Watch 0.00004890 on a daily closing basis and 0.00005153 & 0.00004689 on a weekly basis.
In the meantine, watch also carefully price action on shorter intraday time frames which will help you to get intermediate clues (validation or invalidation !) in allowing you to act accordingly.
Have a nice Friday.
Al the best
Take care
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Gold - Bearish ChannelBearish Channel on the 4-hourly channel on Gold. If you have joined our live session you would have remembered how nice the candle rebounded away from the lower channel after I've drawn it?
Amazing? It's just technical analysis.
SHIBA INU COIN PREDICTIONHello, here is my Shiba Inu Prediction, what i think we can expext next 18days :)
SOLANA - LONGSOLANA - 1 DAY CHART
Price Prediction for END OF YEAR!
MAJOR SOLANA EVENT HAPPENING THIS COMING
WEEKEND!! EXPECT TO SEE MAJOR UPWARD MOMENTUM IN
PRICE ACTION!
SOL has been riding the Support Trend Line since mid-OCT!
For members that have not made a donation to the channel
here is a SNEAK PEAK little call for you. I would (and I am)
buy in now. If you would like to remain conservative. Wait until
the price CLOSES above $218.50... This will confirm a break of Solanas
ATH and a very good sign that P.A will go parabolic into uncharted
waters!
Good Luck and HAPPY TRADING!!! GOOOO MOON'VEMBER!
SPX'S Candles. In MKTS you are either HUMBLE, or will be HUMBLEDMachines are leaving no trace what so ever before FOCM'S meeting. No recognizable candles on daily, weekly or monthly !!!
GBPJPY - Descending TriangleIf you are looking for shorting opportunity, this is 1 opportunity you have to keep a close eye on.
Descending Triangle is 1 of my favourite structure trading setup. There are 2 ways to engage it.
1. A touch of the upper trendline without closing above the trendline
2. A break and close below the support line and preferably closing below the lower shadow of the candlestick.
EURJPY - Bearish GartleyIf you are waiting for a ranging trading opportunity or a sideway movement, a Bearish Gartley pattern should be what you are looking for.
The Gartley Pattern is not the best setup we have identify and that is because Point C has touched Point A and that is a huge red flag for harmonic pattern traders.
USDJPY-Weekly Market Analysis-Nov21,Wk1The blue line that you have seen on the daily chart within this chart has turned to a red line that you can see on the current 1-hourly chart.
Counter-Trend Traders can wait for a shorting opportunity at 114.25 on a Bearish Shark Pattern as a counter-trend setup. I will be waiting for the market to consolidate at 114.25 before I engage the market.
EURUSD-Weekly Market Analysis-Nov21,Wk1I'm waiting for a shorting opportunity at 1.1587 as a trend trading opportunity. Counter-Trend traders can wait for a double bottom opportunity at 1.1538 for a counter-trend trading opporutnity.
HOW TO READ A CANDLE BODY AND WICKThis basic representation of a candle is useful to newbies starting of in technical analysis. For all the advanced followers we will post our Goldview report this weekend.
Please note time to time we will be making posts like this to help newbies to start reading and understanding the charts and that has to start with a candle!
Please like, comment and follow us to support us!
GoldView
BTC Quick Correction!Money Makers!
From what I'm seeing right now on the weekly TF Bitcoin has made a higher high but at the same time, it looks like a false breakout based on the previous candlestick. With that being said the bears are trying to gain temporary control to bring the prices lower to the next support. We all know when Bitcoin corrects, it happens very quickly. If you're looking to short it, I have mapped out the percent you'll gain shorting to the mapped S/R zones.
Love it or hate it, hit that thumbs up and share your thoughts!
It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
Ether These are levels that I'll be keeping an eye on when dealing with $ETHUSD, and I'll revise as price action progresses.
I adapt to the change in money flow.
I'm enjoying this bullish momentum, but I am anticipating a pullback in order for price action to reach new heights. I would like to see the upper range breached followed by a temporary bearish downturn right into the continuation.
GBPUSD Opportunities GU chart seems simple and explanatory, if you miss any of the chances, you can calmly wait for the next opportunity. There are buy and sells opportunities
Smart Money SHORT | USDCADLooking at price here for USDCAD as we can see we had some very nice bullish orderflow
We then have a strong move to the downside breaking multiple structures
Looking for an entry on the 15min TF for this pair.
Any questions feel free to ask
