Inside Bar
Rare prediction on GSX before ER !?I don't do any kind of prediction on the market for quite a long time
as I prefer to take trades with my system and respect whatever result the market gives.
This one is more an verification idea than a trading idea.
GSX stocks had been fallen a lot after the scheme, and it broke the inside week to the downside before ER.
I will pretty much be pessimistic about both the ER result and the price.
Well, I still won't take trades before an ER, this is just to see if this inside week breakdown
may be some sort of implication of the following price actions.
Let's see how it goes yo!
BTC inside day after new high, looking scary? looking tasty!Again again and again, BTCUSD has an inside day after new high.
Basically all of the past ones were successful trades, and all of which were looking scary.
This is a debate about: "how to define an exception"
If we don't have any reason to say this one would be the exception,
this inside day will still be definitely a very good trade to take!
(despite all the lousy voice that tells to avoid chasing highs)
More than welcome to check my previous "scary trades" in Mandarin version of TradingView!
inside day after new high (1)
inside day after new high and 8ema correction
Let's see how it goes yo!
GA pullback & movePrice broke 1.787 level and made new low at the weekly key level at 1.75 . After this price has been on a rally to the upside creating new prominent highs at 1.853 . Price retraced back lower breaking the trendline with a huge shooting star telling us that the bears are in control of the market. Weekly closure has formed a bearish engulfing . Also the moving averages are crossed . Looking for the weekly level to be met at 1.78687, but before this I do favour a small pullback to the liquidity area to find the right momentum to drop the price lower.
#tradesafe #theforexdaddy #tfd
Double Inside Bar Formed at Daily SupportPrice action on this pair has now formed a double inside bar pattern on the daily chart.
This is a pretty rare pattern because whilst we will often get a series of candles that are formed inside one large candle, they are not often consecutive inside bars.
This pattern is sitting directly on the recent resistance level and new price flip support level.
If we can see this level hold, we could see the pattern break to the upside to activate potential long trades for a run into the overhead resistance.
Thanks for your like and support....
Bitcoin - Keep your eye on 4 hour inside bar for direction Bitcoin is currently printing a 2nd inside bar for us to decide which way Bitcoin may break.
Watch for a break if we move past the high of $13,387.30 or the low of $13,149.43 from the previous inside bar.
Whether we break bullish or bearish, I would still expect us to stay within the broader tightening equilibrium pattern for now.
Current equilibrium resistance is $13,687.82
Current equilibrium support is $12,976.29 and then $12,891.57
Good luck trading.
XAUUSD hourly shooter after inside week breakdownA very good trade on Monday morning !
XAUUSD had broken its inside week to the downside earlier, which created a weekly bearish perspective on it.
Here we got this hourly shooter right after that, of course I'll be willing to the this trade!
Let's see how it goes yo!
AUDJPY to Resume DownsideAUDJPY was held above 75 since the end of September but finally submerged below last week.
The market has pulled back to 75 and it faced rejection early in the Asia market together with an inside bar reversal pattern and a falling trendline.
Look to sell AUDJPY now with SL just above 75 or 75.3 for conservative traders. The primary target will be 72.90.
*AUD was the weakest and JPY was the strongest among other major peers last week.