Faith
Breaking the rules on NasdaqWell Great traders Trends have changed on this index pair it is now in a bullish rally
Long time i will be looking for a buy move up however i could notice a sense of trend change on the 30min chart market making a Lower high could it break the trendline? Dare to find out
Nas100 big trading opportunity HOLA ! Great trades let's do this im ready are you
Market on the daily has had a range of equal highs and lows
However last week we saw a surge downward move
which on Friday we saw it break a strong trendline and
create a lower my take is ill be selling unless we get
new highs and higher lows let's do it.
DXY SELLoi mate let us have a great week innit? :
so what have here is...
1. price respected a major level of resistance
2. after doing so it consolidated for a period of time
3. today it broke below the consolidation phase and formed a LOWER HIGH
4. it is currently retesting so perfect time for entries, i'll be expecting pries to sell till the upward trendline
GBPUSD BUYok ok so GBPUSD...
1. it has recently respected a significant level of support, weekly support at that
2. on the H1 it showed some strong rejection and a bullish head and shoulders pattern signalling a reversal
3. once neckline breaks i'll go long on this pair with targets set at the downward trendline formed on the DAILY
GREAT SUCCESS!!!
UPDATED DXY ANALYSISok! so i was too quick to jump to a conclusion on my first DXY analysis but then after looking at gold i have changed my bias because of the following...
1. gold moves in relation to the dollar index and gold is about to hit a major resistance level and major downward trendline
2. whereas dxy over here has also just respected a weekly resistance level and has started off the week bearish
3. i'm expecting the market to break my inner H1 upward trendline (or even respect it) then i'll short the DOLLAR
GBPJPY BUY• basically the opposite of my YEN BASKET analysis it has formed a downward trendline which is respected for the 4th time last week and tanked down after doing so
• as it reached a significant support level it lost momentum and formed hammers/dojis by that level
• and also formed a downward corrective move which signals a change in direction which is up
• once this mini channel breaks to the upside we going all in with buy orders
• and take profits will be by the trendline
GREAT SUCCESS
YEN BASKET SELLlistening to call me if you get lost and on one song he was like "rolls royce pull up black boy hop out" resonates with me 100% 🤣 okay yen basket...
• last week marker respected my upward trendline for the 3rd time and bought
• reached a level of resistance and lost some steam as we can see by the short bodies of the candlesticks
• which all this caused a period of consolidation and an upward consolidation pattern at that
• so i'm expecting that pattern to break and then only will it be all systems go to SHORT the YEN BASKET
• take profits will be set at the trendline as i expect it to go test it again or maybe even break who knows
GREAT SUCCESS!!!
XAUUSD SELL let's gooooooo super hyped for this week prayed before hitting the charts currently listening to clb just vibing but here is what we have on GOLD over here...
• so a downward trendline has been formed on my DAILY and WEEKLY with two touches
• so now market is approaching the trendline so i'll be looking to go SHORT
• once market reaches the trendline i'll be looking for price to respect it by closing below the trendline on the H4 and D1 but then i'll enter based off my H1 where i'll be looking for a bearish confirmation candlestick
• SL will be put just about that resistance level and TP1 will be by the opposing upward trendline
GREAT SUCCESS!!
DXY BUY ANALYSISso what we have here on the DXY is the following:
1. market has been making higher highs and higher lows and formed upward trendlines on the WEEKLY, DAILY, H4 and H1
2. price has respected a pretty strong resistance level as we can see by a DOJI on the H4
3. and due to this on the H1 market broke past a previous HIGHER LOW and formed a LOWER HIGH
4. once market reaches my H4 upward trendline for a third touch only will i look for long trades
The most Simple nas100 Idea everWell in an up trending market like this you can wisely be taking more buys or you can go do the hard job Hope for a sell set-up to occur .
Simple a Inner trendline has been drawn on lower timeframes'
we expecting a 3rd touch
successfully stay above trendline through a series of confirmation candlesticks
The future of S&P500Simple buy set-up
i just need to see trendline rejection i take a trade then done we move from there
It pays to be simple and think Big
FOMC *COULD*Do for GoldGreat news Friends set-ups forming here on this Gold 4h chart
Now you have your inner trendline holding 2 touches
what is best is that we get a 3rd touch then further execute if it is successfully respected
You can tell me what you think
Higher times are at least this year bearish so why not follow trend even better be it's best friend
Beware when you officially start placing trades as there is FOMC Meetings later on
NZDJPY BUY• similar to my GBPJPY analysis this pair has formed an upward and downward trendline touching both 2 times
• it's previous test was of the upward trendline so now i'm expecting market to go up and test the downward trendline
• on the D1 it formed a corrective pattern and has converged by the apex so expecting the buying power to continue making this pair BULLISH
• all because the H1 broke above the corrective move and closed above it so buy orders will be placed
• tp is set at the previous high but for my swingers the second tp i put there is for you guys
• correct me where i'm wrong God bless...
GREAT SUCCESS!!!
GBPJPY BUY ANALYSIS • market haa formed an upward trendline for the past months and has come back to respect it 7 times
• earlier this month it respected it again and impulsed up and then during this month it lost some momentum, formed a corrective move and changed direction for a short period of time
• at the end of last week it broke above a previous HIGHER HIGH and it was retesting it
• there is two possible entries here, 1 at the new found level of support (BULLISH ENGULFING M30) which was a previous resistance or 2 when the corrective move breaks out to the upside
• but then again this is the forex market anything can happen so we adapt when there's any change in our predictions
GREAT SUCCESS!!!