FIP
small FALL TO RISE? or COMPLETE break through THIS FIB levelWERE CURRENTLY sitting at a 61.8 fib LEVEL
we can see a reversal to the downside for the market to gain some more momentum to break this level in the future
if we see some wicked or consolidation around this current level it may represent
market conditions currently rejecting price from passing this level
lets see how it plays out
im calling a small short into a potential consolidation
SHORT TO 4HR CHART FIB LEVEL THEN RISE its been a while since i posted
but im back
ive been studying
and watching markets intensively
we got rejected earlier this week on a fib level
so im thinking markets will come down
this level for support and make a rise
DAY CHART RESISTANCE ? OR BREAK TO UNFATHOMABLE HIGHS?after slapping out any pendings in both directions
those able to withstand the candles of the last couple days before this major uptrend should have some nice profit
im anticipating a BREAK BELOW to complete a major head and a shoulders pattern i forecasted days ago
lets see how it goes
when we HIT the top of this channel
CHANNEL UPDATED
DAY CHART
RESISTANCE
WEEKLY CHART SHOWING THE LAST PHASES OF UPTREND
head and shoulders at the top of this CONSOLIDATION CHANNEL?the markets definitely has played some tricks in the last couple days but ive called this move from about a week or 2 ago
we can potentially see a break past this high
or a nice REVERSAL
ONE MORE PUSH UP BEFORE SHORT ? OR TARGET 3 KNOCKOUT 2 DOWNSIDE?I think we can see a potential upside to complete a nice major head and shoulders for a downside
but the possibility of us continuing downward to the 3RD target i set previously
is high
hedging may be the greatest thing to do upon finding a goodposition
either side
remember the market is a 50/50 chance
your best bet is to try get on the 50 side of you winning
good week everyone
FIRST downtrend TARGET HIT im learning through my very experiences that MOST of my calculations are astonishingly RIGHT
the markets is a roller coaster
and is VERY CALCULATED and mosts where ever HOWEVER AT WILL
but the FIRST Target HAS BEEN HIT
MY POSITION REMAINS NEUTRAL UNTIL all 3 TARGETS ARE HIT
ANOTHER UPTREND PUSH? or MarketEXHAUSTION 4 COMING MONTHLY SHORTit surprises how simple the markets are.. but as we all know ANYTHING can happen and we can see unbelievable moves unfold in front of our eyes within seconds and minutes.
the rise i predicted happened after a few bounces near support
i see we still have a potential for another uptrend
but at this point the market looks like its exhausted and ready for a downtrend
---- CONSIDER ALL VARIABLES AND POSSIBILITIES
---- THE BIGGER TIME FRAMES ARE SHOWING AN ESTABLISHED UPTREND BUT SIGNALS LEADING TO A DOWNTREND
as we enter into the LAST quarter of the year my analysis on the market and outside of the market shows me that
its possibility we can see some nice SHORT OPPORTUNITIES until mid OCTOBER where INTEREST rates might spike the market UPWARD
remember the best strategy is to
----CUT LOSSES QUICKLY
----LET THE PROFITS RUN
----HAVE PATIENCE AND MANAGE RISK THAT is WITHIN your control
HAPPY AND SUCCESFUL TRADING TO ALL
BXLLIONAIREJMAN.
NICE UPTREND OR CONTINOUS FALL ?HERE i have a few indicators hinting towards a coming uptrend
As the larger time frames are still in a strong UPTREND
we can see some small fall before a major rise
GBPUSD SHARK - Looking for Long Entries after pullbackWeekly Bullish close - Waiting for a deeper pullback to look to buy at the 38.2
Using Shark C-D Take profits as measurement for getting back into the trend
Possible Short on CADCHF - Bearish Shark Almost CompleteShort bias - Yellow Boxes are entry points once break/retest -
Bearish Shark 1.13/1.13 - IF DAILY CLOSES ABOVE .745 Pattern is invalid/88.6 retrace was correction before continuation -
MULTIPLE SCENARIOS ALWAYS WAIT FOR BREAK OF STRUCTURE/RETEST
LONG BEFORE MAJOR FALL? OR FREEFALL DOWNSIDE? usually my analysis over the last couple months are 80 percent accurate
we have fallenback to the greeen line which acts as support
i foresee we can BREAK DOWN further below but my aims are to THE UPSIDE
as the DAY chart HAS NOT hit its level 3 deviation intiating downtrend NOR has it hit the RESISTANCE
TRADE SAFE CUT LOSSES FAST
WIN WIN WIN
SOLID SELL ON EITHER GREEN LINES ?im forseeing and feeling a MAJOR DAY chart move happening MASKED by a series of DIPS to completely throw us off
even though ALL my indicators are OVEREXTENDED to SOME DEGREE
the HIGHER time frames show me that theres some GIGANTIC uptrend POTENTIAL AT STAKE HERE
ive marked my green lines for UPTREND targets before ANY MAJOR FALL AND RECOVERY to the downside towards any support
TRADE SAFE lets see how it GOES with this crazy dragon
MORE LONG opportunities ?this is the LONG ive been talking about from WAY back
there is literally billions of dollars that has moved upward in front of our very eyes over the last few weeks
i see that this may continue to these high 4 hour chart resistance points
trade safe
USDCAD Bat Possible ShortUSDCAD possible Bat, Trendline/Previous Support now resistance
waiting for 4h/daily rejection before shorting. Possibly long term just need strong rejection
GBPJPY LONG ?i think many traders at this point have an idea that there is a massive long somewhere along this pair coming about
with these lower dips and short term short moves im expecting a long somewhere about this time
lets see how it goes
GJ BOUNCE UPWARD?as we seen a RISE YESTERDAY and then a NICE clean fall this morning im anticipating a recovery RISE for the asian session on this pair
as i believe we are still in an OVERDUE MAJOR long term position
lets see how this goes
TIP on trading
WHEN i trade i enter PENDINGS as hedge orders BIGGER then my original order just in case markets go opposite direction or the position is to early
this ensures that im building EQUITY even in a losing condition
HAPPY TRADING
kill the markets this week
feeling a MASSIVE long position potentially comingthis is a NEW week with new opportunity we can see a small break down before a nice LONG position COMES into play
the weekly chart shows level 3 deviation as well as my 1 hour and 4 hour chart
on all 3 CHARTS my TDI shows potential for an UPBREAK before any MAJOR FALLS
lets see how everything goes
trade safe
XAUUSD GOLD Butterfly ProjectionWaiting for a break out of a h4 Descending triangle - if B point breaks I expect AXA 127 to be hit...then will look to go Long - RicoForex
OverDUE LONG i think we are finally starting to see that there will be A BREAKOUT as we have been bouncing BACK AND FORTH on these supply and demand zones in this little channel here
lets see how it goes
im setting a pending order below the where i think the position will be a long just in case we see a lower fall before an actual rise
HOPING FOR A break TO CHANNEL RESISTANCE BEFORE A DIPi have my sights set on this CHANNEL RESISTANCE as we are currently seeing some bearish movement
this small candles look like we can have a profit release to the upside before any drastic FALLS
im calling LONG around these key levels as we see the dotted green line indicates areas NEAR a DEMAND ZONE
lets see how it goes
Rise at second DEMAND ZONE?i believe we are approaching a DEMAND zone that might initate a RISE to a resistance level
and potentially beyond
as some indicators show me we are still in a major uptrend
look for buying signals tonight
trade safe
NZD/USD MARKUPim unsure of direction of this PAIR as i havent made much analysis and conscious decision as to where i think its going
but i MARKED up some potential zones of supply and demand
check it out
