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Giannipichichero

GOLD: Day 3 breakout traders long up high, NFP day!Hello everyone and welcome back to my channel, please don't forget to support my hard work, and feel free to share your observations if you have any, sharing is the key of improvement! Gold, since the beginning of the week is creeping breaking higher, potentially trapping volume up high for a great, amazing sell off by the end of the day, completing the weekly pump and dump scenario. To understand better the logic behind this forecast, let's analyse the week and remember two very important things! 1. I'm not trying to predict the market, my observation is not regarding any direction move, but I'm underlining the SETUP I'm looking for, more probable and profitable for the day. 2. I would never take any trade before NFP release! Let's see deeply the week: Monday, opening range of the week, established the high low of week, placing a peak formation high and a peak formation low. Tuesday, eventually broke higher and dumped back down into Monday's high, consolidating just above that level, typical of trend trade template. Wednesday a long setup went through the high of week (HOW) and as well broke higher the previous HOW, the trend trade setup was identified as a dump and pump in the day itself. The day closed back inside the daily range, and a peak formation high was in place. Thursday, the market pumped again into the HOW, breaking higher and triggering for the third time breakout traders long in the market, closing the day out of balance (out of the previous weekly boundary). Today, Friday, the market retested again the HOW, essentially is still in breakout and still trending higher, but this kind of behaviour, where the price action is mostly "creepy" and not really strong trending, is very similar to past scenarios already happened where NFP cleaned all the traders long which they didn't take profit or still holding hoping for more profit. How can you take advantage of this? I want to see the market consolidating up high till the NFP release at 8:30am NYT, looking for a sell high opportunity. If not, because the market can be really volatile during this day, after the news I can be looking for a short continuation. What about a long thesis? Can the market keep going higher? The answer is, absolutely yes, the market can explode in the long direction, forecasting is just the same as gambling. So, the real question is, which setup do you have and which setup are you hunting!? In the next update, I will share the potential 2 setups for the day Gianni
PEPPERSTONE:XAUUSDShort
by GianniPichichero
11
GOLD: Dump and pump from last Friday?Hello traders and welcome back to my channel, please support my analysis if you find it helpful for yourself and don't forget to miss out further charts, suggestions, observations and updates! Gold looks like potentially going to complete a dump and pump started on Friday, but to understand better the logic behind this template, let's analyse the full week! The previous Monday and Tuesday established the high low of the week, in fact Monday is the opening range into the new week and Tuesday the initial balance. Wednesday, the market broke out, triggering long breakout traders in the market, closing out of balance (long traders are now potentially driving this move) Thursday, from Asia session I could see a strong bearish move joining the market, closing the week out of the opening range and as well as a first red day, which is a potential short signal if a sell high opportunity is identified. Monday, during the Asia session I saw a great short setup going to pulling back into the previous opening range high, retesting the same area in NY session and triggering as well short breakout traders in the market. Note and focus on NY session, it placed a strong swing high and swing low which creates our box where money are above and below that boundary. Today, the market consolidated inside this box, breaking higher just before the beginning of NY session. What's my thesis? Obviously I never predict the market but I let it to setup first, however my main thesis is currently LONG, because it can be a clear weekly template of breakout/pullback/continuation above the previous Monday's high, which is a template that I saw many times during the past months! To take advantage of this template, I would like to see a market dumping down at least into the London low, consolidating till news release at 10am NYT for a buy low opportunity, back to the previous HOW. Regarding the short, do not forget that Friday was a first reda day, yesterday it placed as well a lower low and it could preparing for a further move down if the market today will place and locked a HOD, consolidation for a session scalp pump and dump. Before news release, I will be updating this chart! Gianni
PEPPERSTONE:XAUUSDLong
by GianniPichichero
10
BITCOIN: First red day, on DAY 3!Hello traders and thanks for your constant support, please do not forget to like and comment the idea, it's very helpful and supporting for my constant work and progress. Bitcoin, it's currently establishing a template of pump and dump that I really like and already traded many times in the past few years, on several instruments. There is a good chance to complete the full pattern of pump and dump during the upcoming days. But let's see the overall weekly situation to understand better the thesis behind. Let's start quickly to say that the current week is INSIDE the previous weekly high low, meaning that I do not see weekly higher time frames involve in this move, as well because today we don't have any major red news on calendar, I would consider a potential short entry only an intraday position. Monday is the opening range of the week, it triggered HOD and LOD levels, closing in breakout short, inside the previous weekly high low range, shorts traders were involved in this specific day. Tuesday the market dumped back down into the low of Monday, failing the attempt to break lower, still we have shorts involved and potentially now trapped into the low of the week. Wednesday, day 3 of the week, we can see a three days dump and pump completed in the week, shorts from Monday are stopped out and long breakout traders are in the market, but once the HOW has been reached, is really important to understand the behaviour of price on that level. Thursday, long traders attempt in three pushes to break higher, basically consolidating up high and closing the day down, as a first red day. Today, Friday, the market placed a lower low into the yesterday low of day (which it could represent a weakness in the market) and currently pumping up into the current high of day / most recent swing high in the market. THESIS: -Short: this is my main thesis right now, I would like to see the market consolidating up high into the current HOD, starting breaking down in NY session for either a session scalp pump and dump, targeting LOD, and eventually trailing to further levels as breakout level of Tuesday high (because breakout traders long entered the market without any retest of that area), eventually closing of Tuesday and as well low of Wednesday, all these level can be very reactive. - Long: as always, I'm not here to make forecasting or prediction, but I'm only looking for setups in specific templates that play out over and over again. Bitcoin can still keep breaking higher giving a long trade back to the HOW, where the beginning of the dump started. In the next update, I will be showing the intraday overview.
PEPPERSTONE:BTCUSDShort
by GianniPichichero
1
OIL: Three days breakout traders long in the market Hello traders and hope you are doing good! Today I would like to analyse deeply this market, trying to understand the logic behind my thesis. Do not forget to support and comment my idea, nothing change to you, but is really supportive to me. Overall, OIL looks like potentially going to complete a two weeks dump and pump template, and especially today with CPI and OIL major red news on calendar, it can be pretty interesting, but let's go deeper. The last week, since Wednesday the market drastically dumped down, breaking on Friday the low of week and closing the day/week in breakout, with short traders in the market. Now, typically, depending on the behaviour of price, the market can keep going breaking lower or reversing if volume is trapped down low, as it happened in this specific scenario. I would say then, that the low of week can be locked and it may start the reversal process, going to stop short traders from Wednesday. Monday, in the new week, the market placed a higher high (because it broke the Friday high of day), closing the day as first green day, which is a strong signal of market reversal. Tuesday, volume was trapped almost all the day below Monday closing price, and a dump and pump session setup pushed the price even higher! Wednesday, today, market kept breaking higher, potentially higher time frames long traders are driving this move. Let's discuss about the thesis, as you may already know, I do not predict the market, but I just show what it can be (as per my criteria) the highest probability setup, setting for the day. The long thesis, which is my current and main view, targeting the previous HOW, could be really interesting if the price will dump down into the low placed in London session, consolidating till 10:30am OIL news release for a buy low long trade setup, which I will be really willing to take. However, the market can consolidate up high into the current HOD/HOW, for a short scalp back into any higher level long, for example low of London or yesterday closing price, but I will be updating this analysis every hour from the beginning of NY session 8am NYT. Remember, I do not predict any movement but I only trade setup! See you later every one and let me know if you need any clarification!
PEPPERSTONE:SPOTCRUDELong
by GianniPichichero
1
US30 Closing first red day on the NFP dayHello traders and thanks for reading and supporting my idea! US30 is actually building an interesting template and today it could complete a weekly pump and dump template. But to understand better the logic behind this template, let's analyse day by day what happened this week. Monday, sets up the opening range of the week, the high low of the week is now in place and overall it was a dumping day as you can see during NY session time. Tuesday expanded the range to the downside, closing back inside the range at the end of the day. That's our box of the week, money are lying above and below these extremes. Wednesday nothing really interesting happened, considering that the price stayed inside the range almost all the day, slightly retesting the HOW just before the end of the day, closing the day in breakout, which is very important because now, breakout traders long are in the market and potentially driving this move. Thursday consolidated almost all the day up high into the HOW, every attempt to break higher failed, eventually trapping the traders long in the wrong direction, stopping them out at the end of the day, closing the market as first red day and with breakout short traders involved. Today, Friday, I can see the market placing a lower low into the low of day, which potentially reinforce the weakness of this market, and it's currently consolidating/coiling just below the closing price. Overall, we are inside the previous weekly high low range, so I will be targeting the current LOW if the short scenario is identified. As always, the template can give a thesis but a setup can drive the move, the following notes will explain better both the scenarios. Gianni
PEPPERSTONE:US30Short
by GianniPichichero
11
OIL: Day 3, market in breakoutLooking at this chart, I can see a great potential to complete a 2 weeks dump and pump scenario, which it can end up today with the OIL major red new on calendar at 10:30am NYT. But let's analyse this market, trying to understand what and why specific moves can happen. Starting from the last week, Monday was a dump day and Tuesday slightly expanded the range to the downside. Most of the week just consolidated down low without achieving to push the price lower, and Friday it was the first time in the week where we could see the market pushing higher, breaking the high of day. It doesn't necessary mean that something was going to change in the market, but for sure now also long breakout traders are involved. Friday as well, closed in breakout short, placing the new low of week. Monday starts the new week and we could see the price retesting the LOW, is now important to understand the behaviour of price once the market reaches levels of interests and this double bottom formation into the previous LOW it may locks the low for the entire week. Tuesday typically expands the range, which it happened and closed in breakout long. Today, the market looks like coiling into the current high of day/how of week and I won't be surprise to see a parabolic move! I currently have a better long thesis pushing up back into the previous HOW, however, I cannot guess how the market will behave during the NY session. I cannot exclude that price can break down starting a reversal process during Thursday and Friday. For the long view I would like to see the market coiling into once of these level marked For the short view I would like to see a market breaking down, pumping back up into the HOD during NY session for a short scalp trade. I will update the post during the day :) Have a good trade and for any question feel free to ask!
PEPPERSTONE:SPOTCRUDE
by GianniPichichero
9
GOLD: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: this is my main scenario at the moment, but let's review the current template to have a better understanding! Monday triggered weekly breakout traders, placing a higher high on top of the high of the week, before starting dumping down into the previous opening range high (which is Monday's high of day) Tuesday, the market mostly consolidated into the current low of week, attempting to push lower, failing and closing as a first greed day. Today, the high of day and other time frames are triggered in the market, with major red new at 10am NYT this market can keep going parabolic, or eventually starting a 2/3 days of dump and pump to complete by the end of the next week the weekly dump and pump template. Short: right now, a part for a potential 3 session scalp, I do not see any further down move for the day, it does not mean that during the week it won't build a short template. For better clarification, I will be updating this post in a daily basis. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:XAUUSD
by GianniPichichero
6
SILVER: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: This is currently my primary view, Monday placed the opening range of the week, dumping down into the previous LOW, closing as well out of balance. Tuesday consolidated below the LOW, until it started breaking higher at the end of the day, placing a peak formation low in Asia session of Wed, which printed as well a higher high into the Tue high of day. Potentially this market is staring now the frontside move, and in this specific moment, the low of Asia, or closing price are the level I will be looking for a buy low, if a setup is presented after 8:30am CPI news release. Short: I'm not really interested at the moment in shorting this market, however, the current high of Asia can be a level of reaction for a short scalp Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:XAGUSD
by GianniPichichero
7
GBPJPY: Day 3 breakout traders long!Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 ✅ Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day 3 Days Long Breakout ✅ 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: this is currently my main thesis at the moment, the market itself is still inside the previous weekly range, but in the new week is pumping higher making constantly higher highs and higher lows. Day 3 breakout traders long is a signal that depending on the template can explode in the direction of the trend or reversal. However, yesterday the market closed out of balance and today it can still keep going higher targeting the previous HOW, completing then 2 weeks of dump and pump template. Today, Asia placed a higher high into the yesterday HOD and is currently retesting the most recent low. FOMC and other news are in schedule for the day, but if the price will consolidated around the current level, I would be willing to take this long opportunity for 100+ pip. Short: at the moment I'm not interested in the short scenario, unless the market will pump back up into the closing price of yesterday, consolidating for a short trade opportunity which I will consider only a scalp, eventually back into the current LOD. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
by GianniPichichero
17
OIL: Three days breakout long on the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range ✅ 2. SIGNAL DAY First Red Day First Green Day 3 Days Long Breakout ✅ 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: that's my primary thesis, let's analyse the current market condition. - Monday opened with a huge gap breaking through the previous low of week, establishing as well the high low of the new week (opening range). - Tuesday, it almost consolidated the full day, not really interesting in terms of trading activity. - Wednesday, the market performed the first breakout of the week, breaking the HOW, triggering long traders in the market and closing out of balance (an interesting signal) - Thursday closed again out of balance, long traders are potentially driving this move. - Today, Friday, the market has good chances to go reaching and targeting the closing price of last Friday, why ? because traders shorting the beginning of the week are still in profit and stops are placed above that level. After PMI 10am, if the market will setup for a buy low opportunity around the current level (yesterday HOD or London low), I will be willing to take this trade. Short: at the moment not really into this scenario, but however, the market could retest the current high of day, failing for a reversal, day 3 longs in the market it can reverse for major move, but I repeat, the current setup is potentially long! Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:SPOTCRUDELong
by GianniPichichero
6
NAS100: Inside day, first green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range ✅ 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day ✅ 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: this is my main scenario, I can potentially see a weekly dump and pump starting from Wednesday, day where the market broke through the low of week and started reversal. Yesterday, Thursday, we can see a coiling, closing the day as an inside day and first green day, a potential long signal. After the equity opening at 9:30am, I will be willing to take a long setup if presented. Short: this is my secondary scenario, sometimes we can see the inside day acting as a trading range false break reversal if the market will setup for a short trade. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:NAS100
by GianniPichichero
3
OIL: Three days short traders in the market Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance ✅ Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day 3 Days Long Breakout 3 Days Short Breakout ✅ Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside Backside ✅ 4. THESIS: Long: secondary, although I'm not looking for any long setup at the moment, the market can still retest the current LOD (placed in London session), consolidate and reverse for a scalp eventually back inside the opening range. Short: primary, the market is currently breaking down, placing a lower low during London session and pumped back up into the previous LOD. If the market will retest that level (high of session as well), I will be willing to take a short trade back into the current LOD and don't forget that on the bigger picture it can also perform a 4 weeks pump and dump. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:SPOTCRUDEShort
by GianniPichichero
1
USDCAD: Inside day, first green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range ✅ Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day ✅ 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside Backside 4. THESIS: Long: primary, considering the dump of few days ago and the consolidation around the LOW, this market leads me thinking about a potential long setup, as well the first green day can be a good clue about that. However, right now is still inside the previous high low, means that other time frames are not involved yet, as well 9:45am PMI is on schedule! Short: secondary, the inside day, however, typically can setup for both the scenario, so I can't exclude the HOD failing (in case it will be triggered), for a short scalp back into the LOW. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
Long
by GianniPichichero
9
OIL: Day 3 breakout traders long in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range ✅ 2. SIGNAL DAY First Red Day First Green Day 3 Days Long Breakout ✅ 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside ✅ Backside 4. THESIS: Long: secondary, I won't exclude the possibility for this market to setup for a long trade, the market performed a higher high on the HOW and started dropping, currently consolidating. Short: primary, Day 3 long breakout traders, HOW, is most of the time a reversal signal, but considering the overall level and behaviour of price, before NY session start I can see more a pump and dump. Price still on the frontside, so I won't be looking for a dump all the way down back to the LOW, unless news release at 10:30am NYT will be catalyst. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:SPOTCRUDEShort
by GianniPichichero
1
NAS100: Three days traders long in the market (scalp)Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range ✅ Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day 3 Days Long Breakout ✅ 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside ✅ Backside 4. THESIS: Long: Secondary, although my main thesis is short, day 3 long breakout traders in th market is not necessary a reversal signal, it can also keep going pushing higher, especially on Monday which setup the high low of the week. Depending on how it will setup after 9:30am NYT (equity opening), if a buy low is presented I can be willing to take a long trade. Short: Primary, the market is out of balance, in breakout and is consolidating after an interesting pump performed on Friday during the NY session. London session of today placed a LL into the current LOD, and if it pumps back up in the closing price or any other relevant level, I will be shorting NAS back to at least the Friday LOD. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:NAS100Short
by GianniPichichero
21
GBPUSD: Day 3 breakout traders short, first green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ day 2 cycle Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout ✅ Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: primary, three days dump and pump starting from monday, day 3 shorts and first green are a potential bullish signal. This morning the market broke higher, started quickly dumping back into the yesterday closing price, eventually consolidating during the whole London session. After the news I will be looking for a buy low on the CP or current LOD, targeting the HOW Short: secondary, yesterday NY session placed a lower low into the LOW, before starting pumping back up. I cannot exclude the market going back to retest or break the LOW. I would be interested in this scenario if the price comes back into the current HOD, locking it for a reversal trade Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
Long
by GianniPichichero
33
US30: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance ✅ Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: primary, the previous week was mostly a bearish market, Friday failed breakout and the higher high of yesterday can drive in a potential dump and pump scenario, if setup correctly. After the HH, the market dump and currently consolidating below the closing price. Watching for buy low if it holds till NYO 9:30am Short: secondary, yesterday was however a pumping day, I cannot exclude the scenario where the retest of the current HOW failed and reverse. I don't see this market dropping down back to the LOW, at least not in the configuration of today template. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:US30Long
by GianniPichichero
4
GOLD: First red day Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range ✅ Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day ✅ First Green Day 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside Backside ✅ 4. THESIS: Long: secondary, although I'm currently looking for a short setup, I cannot exclude Friday as the beginning of a dumping phase, and the market today is potentially consolidating around the Fridays low. A re test of the LOD can setup for a long scalp. Short: primary, considering the overall template, although is Monday and typically not really volatile, I can see this market (if setup), keep going lower back into the previous LOW. The lower low (LL) with the further intraday pump could be a great clue of this movement. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:XAUUSDShort
by GianniPichichero
7
US30: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 ✅ Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: primary, first green day signal potentially is a sign of bullish move, I will be waiting for a 3 session setup dump and pump in the day itself, after all the news. All the trades will be taken after 10am NYT. Short: secondary, although the signal day, I can't exclude a scalp setup back into the LOW, retesting the area for the main trade on tomorrow. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:US30Long
by GianniPichichero
2
OIL: Day 3 short traders triggered in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day 3 Days Long Breakout 3 Days Short Breakout ✅ Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: Primary, market reversing at the low of the week, day 3 short is a potential signal of reversing market. No setup yet has been identified, and don't forget that even if the reversal is possible, the market is still on the frontside down move, it can give a scalp, retesting the LOW for a better setup by the end of the week. Short: Considering the current situation, I wouldn't exclude this market keep going lower if setups for that scenario. Eventually the market will place a HOD and locked it, I would be willing to short OIL after the news Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:SPOTCRUDELong
by GianniPichichero
2
BITCOIN: Inside day, first green day, potential intraday longHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range ✅ 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day ✅ 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside Backside 4. THESIS: Long: primary, watching for potential yesterday LOD failed breakout for a long trade back either to the HOD of the inside day, and eventually it could go higher back to the breakout traders short from Wednesday. Overall looks like setting up for a weekly dump and pump template. Short: Not my main scenario, but I can't exclude (depending on the 3 session setup asia, London, NY, a scalp sell high targeting the current LOW Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:BTCUSDLong
by GianniPichichero
1
USDCHF: Inside day, first green day, THU day 2Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 ✅ Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day ✅ 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: primary, potential 3 days dump and pump, signals are pretty bullish, I will be looking for a potential entry after news release, targeting the HOW Short: secondary, I do not exclude a short setup, overall USDCHF is still in a down trend, Lower low into the current LOW, if setups correctly I could short this trade for a major move down. Let the setup to drive the move, do not predict it. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
Long
by GianniPichichero
3
USDJPY: First red day, Wedsnday day 3Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ day 2 cycle Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day ✅ First Green Day 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside Backside ✅ 4. THESIS: Long: n/a, currently I'm not interested in the long scenario. Short: potential three days pump and dump template, first red day signal is potentially setting up for a sell high opportunity. No news on calendar, any setup can be presented since the beginning of NY session at 8am NYT. Is DAY 3, this market can go even lower through the LOW Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
Short
by GianniPichichero