XAUUSD H4 Overview : Selling pressure below 1420$I will publish the fundamental forecast and gold report later.
The video has been recorded and posted.
Posting this chart to keep it in our files.
Two short setups reached the targets. See Attached.
As I explained in the video, the below H1 chart is the near term overview.
Weekly Chart Overview: Bull Market
I updated and attached the DXY chart as well. We will need it.
Keep you updated.
Have a nice weekend.
Doubletoppattern
BTC.D Double Top
- If this candlestick could manage to closes consecutively below the support of the pattern. i would be bad sign for btc dominance.
- Invalidated once the percentage manage to get above the previous high again.
If this double top become invalidated, keep in mind from previous post i mention btc.d also moving inside a large rising wedge.
USD/ZAR: Swing-Setup! Nice opportunity to SELL#InstructionsHey tradomaniacs,
welcome to another free signal!
Important: Wait for the Breakout below Neckline and place a Sell-Limit!
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Type: Swingtrade
Sell-Limit: 14,55827
Stop-Loss: 14,69146
Target 1: 14.36888
Target 2: 14.300
Target 3: 14.15593
Point of Risk-Reduction: 14.42020
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
TWO DOUBLE TOP TRADING STRATEGIESFirst - Double Top Pattern Strategy is the traditional method double top strategy
Step 1 Identify the Phase of the Market. The Double Top reversal needs an uptrend.
Step 2 The historical precedent. An A++ Double Top Reversal is composed of 2 Rounded Tops (point A & B)
Step 3 Sell when Double Top breakout candle closes below the neckline (point C).
Step 4 Take Profit equals 2, 3 x times the distance in price as measured from the highest peak to the Neckline
Step 5 Place the protective stop loss slightly above the resistance created by the Double Top reversal
Second - Busted Double Top Pattern Strategy
Step 1 Wait until a Double Top pattern is developing on chart
Step 2 Wait for the price to break downwards and drop below point C
Step 3 Price needs to consolidate below point C
Step 4 Buy after we break and close above the C point
*Note: The clearer the breakout is the higher the probability the busted double top pattern will work.
Step 5 Place your protective Stop Loss below the trading range spotted earlier
Step 6 Take profits during the first 5 – 15 minutes after we break above the double top pattern.
Once Stop Orders above point C are hit high chance of bearish reversal or bullish continuation sometimes
GBP/JPY: Daytrade-Opportunity! Pullbacktrade on 30 MIN!Hey tradomaniacs,
welcome to another free signal!
Important: Risky trade! The market is at a very significant Support-Zone and has triggered a double-top-pattern! This is a pullback-trade with high-risk-reward-potential!
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Type: Daytrade
Buy-Limit: 144.148
Stop-Loss: 144.053
Target 1: 144.355
Target 2: 144.469
Target 3: 144.524
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
DXY: Day-Swingtrade-SETUP!#FEDHey tradomaniacs,
welcome to another free signal!
Important: Market still shows very less volume. Manage your trades quickly!
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Type: Day-Swingtrade
Sell-Stop: 96,93
Stop-Loss: 97,12
Target 1: 96,81
Target 2: 96,62
Target 3: 96,41
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USD/NOK: Swing-Setup! Awesome DT to SELL!#OpportunityHey tradomaniacs,
welcome to another free signal!
Important: This is a Pullback-trade! Don`t risk too much!
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Type: Swingtrade
Sell-Limit: 8.49860
Stop-Loss: 8.71623
Target 1: 8.27874
Target 2: 8.13974 - 8.10223
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
DAX: Daytrade-Signal! POSSIBLE DB and chance to SELL#OpportunityHey tradomaniacs,
welcome to another free signal!
Important:
Odertype: Either wait for the breakout and place a
Sell-Limit or place a Sell-Stop for more RISK.
Remember that a confirmed DB is valid
with a BREAKOUT and RETEST of Neckline!
THE US-Session can change everything! Watch the trade carefully!
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Type: Daytrade
Sell: 11.623
Stop-Loss: 11665
Target 1: 11.560
Target 2: 11526
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
ETHUSD - Double Bottom, Or Top?Bulls may have gained the EMA 12 , 26 , and broken a minor downtrend line , but the Bears have MA 50 , 100 , and with backing by a large downtrend line . MA 100 is settling right atop the down trend line from September , and recent price action just saw MA 50 act quite quick with profit taking.
While a minor double bottom reversal may have formed near $100, there is stiff double top action positioned. Some real upward momentum is going to be needed to overcome these Bear defense lines.
To fail here would invite another $80 retest, and perhaps a firm double bottom reversal, one with enough momentum. However, a 'Chink in the Armor' here would certainly soften things up a bit.
The next few days will tell tales.
Good Luck, Traders. May you find yourself on the correct side of it.
Double TOP - Reversal PatternDouble top is a reversal chart pattern which means the actually uptrend will be changed to bearish.In this chart pattern we see consecutive double price peaks
This patern occurs at the top of an massive uptrend.After reaching a high like 44-60 weeks high(for exemple) the price is moving to make another higher high but in this second peak bulls slowly will lost their confidence and also volume is still low
The bearish chart pattern is confirmed when the price breaks down below the low point of through
Often traders is started sell-off which will result into a huge red volume candle and also a short term coin-capitalization
Top of these peaks wll be turned into a huge long term resistance