CADCHF: Thoughts and AnalysisToday's focus: CADCHF
Pattern – Continuation
Support – .6502
Resistance – .6540 - .6549
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the CADCHF on the daily chart.
Today, we have broken down what looks like a continuation pattern playing out. Looking at price, we can see a retracement that came to a stall point, setting up support in the moving averages that then formed a reversal bar. Today's buying could set a confirmation bar if we see yesterday's high beaten.
We have run over entry ideas and warning signs if sellers break certain levels. If buying continues, we want to see resistance beaten and possibly a test of .6590 on a new trend extension higher.
Good trading.
Continuationpatterns
XEMPopped on my breakout finder
📈 *Symbol*: `XEM/USDT`
✅ *Qualification*: All MAs within 1% of MA7.
💰 *Market Cap*: `$314,594,092.89`
I'm noticing on the day the adx crossed below a level it never has and when it did the MACD signaled a Buy
With ADX When it's going upward that means trend following indicators work best
when its going down we use things like oscilators
MACD being an ocsilator pinged a buy and we're starting to uptrend. We also had a nice bounce of the .318 fib along with another breakout and swing low back tot the .5 fib showing a health upward trend as you see how volatility has completely dropped thats what the breakout/breakdown finder looks for tokens like that
US100 17486.5 +0.34 % SHORT IDEA MTF 🐻🐻🐻HELLO TRADERS
Hope everyone is doing great 🛑
A look at NASDAQ ahead of the day 📌
NASDAQ 4H TF
* Looking at US100 from the 4H we see a break above BSL
* FULL BODY closure above possibly signaling continuation.
* If we see momentum back into the range i would be looking for shorts.
* But for now NASDAQ is signalling some strong BULLISH momentum.
* Especially because of that body closure.
US 100 1H TF
* On the 1h alike, strong bullish momentum in play.
* Retracement into some of the internal LIQUIDITY possible.
* looking for some retracement into PD ARRAYS ( FVG + OB)
* & should they hold looking for continuations with the bulls.
NASDAQ 15 M TF
* ASIAN highs taken
* Possibly signaling a bullish NY
* TRADE IDEA
1. london open - short setup for asian lows
2. long set-ups NY session.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
DXY 103.413 - 0.11 % SHORT IDEA MTF 🐻🐻🐻HELLO TRADERS
Hope everyone is doing great 🛑
A look at DXY ahead of the day 📌
DXY 4H TF
* Looking at DXY from the 4H we see a break above BSL
* Swept BSL but traded back into the range with some bearish momentum.
* If we see momentum back into the range i would be looking for shorts.
* Looking for some short ideas on the dxy.
* Especially because of that body closure back into the range.
DXY 1H TF
* On the 1h alike, strong bearish momentum in play.
* Retracement into some of the internal LIQUIDITY .
* looking for some retracement into PD ARRAYS ( FVG + OB & balance price range)
* & should they hold looking for continuations with the bears.
DXY 15 M TF
* ASIAN LOWS taken.
* Possibly signaling a bearish NY SESSION.
* TRADE IDEA
1. london open - bullish setup for asian highs
2. short set-ups NY session.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
DXY 103.523 +0.06% LONG IDEA MTF BREAKDOWN 🐮🐮📌HELLO TRADERS
Hope everyone is doing great 🛑
A look at DXY ahead of the WEEK 📌
DXY WEEKLY TF
* Bulish sentiment still in play on the weekly TF
* Violated the bearish FVG
* Tested and rejected from this PD ARRAY
* POSIBLE BULLISH CLOSE FOR OUR WEEK
DXY D TF
* Looking at DXY from the DAILY TF we see a break BELOW (SSL) which are Monday lows.
* Swept SSL but traded back into the range with some bullish momentum.
* If we see momentum back into the range i would be looking for long.
* Looking for long on the DXY because we do not have a bearish body closure.
* & we are still in an indecisive state, in wick city as well.
DXY 4H TF
* On the 4h alike, indecisive momentum in play.
* Retracement into some of the internal LIQUIDITY .
* looking for some retracement into PD ARRAYS ( FVG + OB & balance price range)
* & should they hold looking for continuations with the bulls.
* Violation of the FVG signals bullish momentum and some confirmations
DXY 1H TF
* Monday LOWS taken.
* Possibly signaling a bullish week ahead.
* might see a SEEK & DESTROY PROFILE
1. IRL - ERL
2.Looking for LQ RUNS.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
Symmetrical Triangle, .38 Fib Bounce. Continuing Bullish Run We have an ADX that is postive 34 and uptrending suggesting trend follow tatics work best.
We can see that we've ran 300% and traced back down to a healthy .38 fib line which is expected after such a burst. This is a low marketcap coin with a lot of potential. We're proud to give it to you!
GJ Trend Continuation BreakdownMonthly, Weekly, Daily, 4H = BULLISH
- Monthly Engulfing
- Daily Engulfing
- 1H & 4H Flag Pattern Breakout
- Break and Retest of Pattern Currently
~Still a few days left of January to complete the Monthly Engulfing.
~GBP Major News on Feb 1st (Thursday)- Monetary Policy News
~All Higher and Mid time frames line up with bullish trend along with bullish continuation pattern breakout.
Expecting continuation in Feb to Monthly Resistance Zone of 193.500 to 195.000.
ACIC Engulfing Price Spike, Long Uptrend Insurance ACIC on the daily chart looks like a solid swing trade until at least the next earnings. The last
trading session had a hugh 10-15% move with a corresponding spike in buying volume.
The earnings report is about a month away. I will drill down to a 120 minute time frame
and look for bottom pivots from which to accumulate a position for the pre-earnings
run up. It is an insurance stock, a conservative financial services play which from the chart
looks safe with a good possibility of some gains in the upcoming month.
Yeah if you look at the chart carefully you will notice that ACIC did 8X in 2023.
US100 17348.6 +0.14 % SHORT IDEA INTRA-DAY SETUP 🐻🐻🐻HELLO TRADERS
Hope everyone is doing great 🛑
A look at NASDAQ ahead of LONDON OPEN 📌
* Asian range taking beautifully.
* We are trading above the D, & W OPEN on the S&P 500 ( SMT)
* Looking for a sweep of BSL for continuation with the bears.
* If we take Asian lows 1st the trade is still valid for NY.
* we will just wait for BSL to be taken
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
GBP/JPY 188.001 - 0.06% LONG IDEA MTF BIAS 🐮🐮🐮HELLO TRADERS
Hope everyone is doing great 🛑 New week new opportunities
A look at GBPJPY ahead of the new week 👌MULTI-TIMEFRAME ANALYSIS
BXY DAILY TIME-FRAME
* The POUND index has been range bound.
* Looking for it to push higher to take BSL.
* Looking for GBP to be strong this week.
JPY INDEX DAILY TIME-FRAME
* JPY INDEX is on a strong bearish momentum.
* Looking for a rejection at the - FVG.
* For a continuation with the bears.
GBPJPY DAILY TIMEFRAME
* Looking for a rejection at the +FVG for a continuation with the bulls.
* This would align with both indexes.
* continuation bullish would be favored for me until price says otherwise.
GBPJPY 4H TIMEFRAME
* Bearish Displacement possibly signalling retracement.
* Looking to trade into Discount before continuation.
* + FVG
* Trend continuation.
GBPJPY 1H TIMEFRAME
* Bearish Displacement possibly signalling retracement.
* Looking to trade into Discount before continuation.
* + FVG aligning with the 50%
* Trend continuation.
* strong bearish momentum changes the plan.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
EUR/USD 1.09028 +0.05 % LONG IDEA MTF BIAS 🐮🐮🐮HELLO TRADERS
Hope everyone is doing great 🛑 New week new opportunities
A look at the EURUSD ahead of the new week 👌MULTI-TIMEFRAME ANALYSIS
DXY DAILY
* We see the 78.6 % FIB level holding in the past week.
* Looking for signs of some bearish momentum for continuation with the bears.
* The DXY is currently trading in PREMIUM.
* Any signs of bearish momentum would Signal Bearish moves for the week that is.
* Bullish momentum changes the Bias for the week & possibly signals reversals
* We took internal LQ on the daily looking for some external LQ to be take.
* Bullish sentiment will change should we take SSL.
EURUSD DAILY TIME-FRAME
* As they always say THE TREND IS YOUR FRIEND thats the basis on this unless momentum tells otherwise.
* While looking for the DXY's weakness this week this IDEA might be favored.
* The EURUSD is bouncing off a + FVG
* Violation of this FVG might not change the bias much, looking for continuation bullish.
*
EURUSD 4H TIME-FRAME
* 4H fvg has not seen any violation we see the 50% of the fvg holding well.
* A retest is possible before continuation
* But the bullish sentiment stands from the 4H View.
* Targeting BSL as my draw in LQ for the week.
EURUSD 1H TIME-FRAME
* Looking to see a retracement into the +OB
* SHIFT in momentum with the bulls.
* possible continuation of the trend.
* targeting BSL.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
BTC EFT Update and US30 Analysis. Today's focus: US30
Pattern – Consolidation / ascending triangle pattern.
Support – 37,400
Resistance – 37,770
Hi, and thanks for checking out today's update.
Crypto had a mainly higher but, in some cases, muted response to news that BTC ETFs will become a reality. We have run over some of the news and moves since yesterday.
The US30 is today's chart, and we are seeing a similar situation to what we discussed in yesterday's ETH update. ETH was one of the better-performing majors after the news hit yesterday.
The US30 sits in a continuation pattern that's inside a consolidation pattern. Buyer momentum remains firm today after yesterday's rally, and we are looking at tonight's CPI data. If CPI remains unchanged or surprises the downside, we will look for further upside on the US30. If it comes in hotter than expected, this could turn the price lower from resistance or above, depending on where price is later tonight.
US CPI data is due at 12:30 am ADET Friday.
Good trading.
ETHUSD: Thoughts and AnalysisToday's focus: ETHUSD
Pattern – Consolidation / ascending triangle pattern.
Support – 2166
Resistance – 2371
Hi, and thanks for checking out today's update. Today, we are looking at ETHUSD on the daily chart.
What's next for Ethereum? Will we see a new leg higher break resistance? A lot will come down to the SEC and its pending approval of the BTC ETF, but it is far from a safe bet that crypto will continue to move higher after the approval. While the majority believe that prices will continue to move higher with increased demand, there's also the risk of buy the rumour and sell the fact.
Considering that, we can't discount the last several months of gains across multiple crypto coins. Looking at ETHUSD's price, buyers still look to have the cards in their corner for now. We can see a consolidation in the current uptrend, and we have also noted the bullish continuation pattern that is also visible in price at the moment.
If the Bulls reign supreme after the SEC approval (hopefully this week), we want to see a strong breakout from the current area that closes above resistance and back into the 2400 area. With further confirmation, that could be the start of a new leg higher.
Good trading.
GBP/JPY 183.535 -0.09% LONG IDEA MULTI TF BIAS 🐮HELLO TRADERS
HOPE EVERYONE IS WELL A LOOK AT GJ HIGHER TIME-FRAME BIAS
- Well lets start with the JPY CURRENCY INDEX
* Bearish momentum came into play strongly suggesting weakness in the JPY
* We see a perfect rejection upon FRIDAY close.
* Looking for JPY INDEX to continue bearish in the coming week.
* Violation of the -FVG changes the BIAS
BXY DAILY CHART
* Bullish trend in effect
* Expecting the POUND TO BE STRONGER than the JPY.
GBP/JPY DAILY CHART
* GJ tested the daily +FVG we will see how we close today.
* Expecting some rejection from the PD ARRAY.
* Targeting BSL and possibly a bullish rally.
1H TIME-FRAME
* On the Hourly looking to reject the -FVG
* Some Bearish rally into my OTE.
* This is where I will be looking for LONG positions for the week.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
AUD/USD 0.66910 -0.23% LONG IDEA HTF BIAS 🐮HELLO TRADERS
HOPE EVERY ONE IS GREAT A LOOK AT THE AUD/USD HIGHER TF PROJECTIONS FOR THE WEEK
DXY DAILY BIAS
* Should the DXY CONTINUE its bearish trend we looking for the AUD/USD to continue bullishly.
*Bias for the DXY IS STRONGLY BEARISH hence AUD/USD WE'RE STRONGLY BULLISH Sentiment wise
AUD/USD DAILY TF
Similarly to the EUR/USD
* We saw a Big indecision candle close on friday.
* Beautifully Rejecting off the +FVG.
* Looking for some push towards the downside to take internal range LQ/ discounted price
*PERFECT OTE for longs in continuation with the trend.
1H TIME-FRAME
* Today looking to clear some SELLSIDE a tap into that +OB.
* Looking for some bearish moves into HTF internal LQ before continuation with the bulls.
VIOLATION OF +FVG CHANGES THE WHOLE BIAS
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
EUR/USD 1.09390 - 0.02% LONG IDEA HTF WEEKLY BIAS🐮GOOD DAY TRADERS
HOPE EVERYONE IS WELL
A look at the EUR/USD ahead of the week
DXY ( - CORRELATION)
* Should the DXY CONTINUE its bearish trend we looking for the EUR/USD to continue bullishly.
*Bias for the DXY IS STRONGLY BEARISH hence EUR/USD WE'RE STRONGLY BULLISH Sentiment wise.
EUR/USD DAILY
* We see a Big indecision candle close on friday.
* Beautifuly Rejected of the -FVG
* Looking for some push towards the downside to take internal range LQ
*PERFECT OTE for longs in continuation with the trend.
1H TIME-FRAME
* Today looking to clear some BUYSIDE.
* Ffor some bearish moves into HTF internal LQ.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
US100 16396.9 +0.18 % MULTI TIME-FRAMES 🐮🐻Good Day Traders
Here's a bit of a dive into the NASDAQ Multi time-frames out look.
WEEKLY
* Saw a sweep of some external range liquidity.
* Strong Momentum Shift & a CHANGE IN STATE OF DELIVERY
DAILY
www.tradingview.com
* The overall still bullish NASDAQ MIGHT just see some retracement into discount areas before continuation.
* NASDAQ has a shift in the momentum towards bearish side in the form of Market structure shift on the daily time-frame.
* looking for a possible bullish Day into Internal range Liquidity before continuation with the bears.
* Retracement into internal liquidity would be great for possible shorts in coming weeks
4H
www.tradingview.com
* A bullish day highly favored today
* looking for mitigations of bearish PD ARRAYS / INTERNAL LQ ABOVE BEFORE continuation.
* Momentum post-ASIAN SESSION indicative as well
1H
www.tradingview.com
* Ext liquidity was taken WED NY-SESSION
* just respected bullish FVG ON the hr.
* A shift above the fractal High will indicate that we might close the week bullish
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
9 AM ZAR TIME
ICT SILVER BULLET EXECUTION
Here is today's SILVER BULLET set-up which presented multiple entries.
1. Swept Asian highs and internal range liquidity
2. Aggressive momentum into the range.
3. 1st entry was an inversion FVG + BALANCE PRICE RANGE
4. 2ND entry classic ICT 2022 ENTRY MODEL
5. 3RD ENTRY REJECTION AT THE FVG
Target > 1hr +FVG
www.tradingview.com
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
NDX100: Thoughts and Analysis Today's focus: NDX100 (NASDAQ)
Pattern – Continuation.
Support – 15,765
Resistance – 16,115, 16,085
Hi, and thanks for checking out today's update. Today, we are looking at NDX100 on the daily chart.
Today's video asks if NDX100 will continue to move higher after starting to break out of a range consolidation pattern. When these patterns are seen in uptrends, we tend to look at them as continuation patterns with a new breakout higher confirming the pattern.
We have run over what we are watching and things we want to see to confirm a new leg higher or things that could set some alarm bells for a potential fail or continued consolidation.
After Friday's higher-than-expected jobs data, the NDX100 started to confirm a breakout. Price is close but hasn't yet broken out, and resistance remains in play.
Will buyers shake off a weaker start to the week and push the price into a new up leg?
Good trading.
AUDJPY: Thoughts and Analysis Today's focus: AUDJPY
Pattern – HL Continuation
Support – 96.10
Resistance – 97.52
Hi, and thanks for checking out today's update. Today, we are looking at the AUDJPY on the daily chart.
Today's video asks if the AUDJPY will continue its continuation pattern. We have run over the price action that drew us to this setup and what we want to see to give us confirmation. We have also run over warnings from price that could invalidate the setup.
If we see buyer confirmation, we will then look for a test or break of 97.52 resistance. This could suggest that the current upleg is becoming a new short-term trend.
Good trading.
GBPUSD: Thoughts and AnalysisToday's focus: GBPUSD
Pattern – Continuation
Support – 1.2270
Resistance – 1.2390
Hi, and thanks for checking out today's update. Today, we are looking at the GBPUSD on the daily chart.
For now, we contnue to watch a continuation pattern that's currently developing. We have selected the G/$ as, in this case, the confirmation bar has yet to form, and it's a decent example of trying to forecast the bar based on the pattern we are watching.
We have listed what we are looking for in today's video to confirm the pattern and warning signs to look out for in case it fails.
The EURUSD also shows the same setup but is further along in terms of confirmation. This pair is also worth watching for a potential continuation.
Both pairs rely on USD momentum remaining bearish, and we have also covered the USDX quickly in today's video.
Good trading.
Binance Coin -> Massive Risk To RewardMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️
I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Binance Coin.
After the solid break and retest in June of 2020 Binance Coin followed the crypto bullrun and pumped more than 5.000% towards the upside. With the recent -70% correction Binance Coin is forming a triangle pattern and if we see a breakout I do expect a massive pump again.
- - - - - - - - - - - - - - - - - - - -
When the market moves where, and how, and if - these are all unknown.
The only thing which you can control is your risk.
- Philip Basic Trading -
Keep the long term vision🫡