NZDCAD potential bearish reversalon WEEKLY: price is trading around a strong support/resistance zone in red so we will be looking for objective sell setups on lower timeframes.
Keeping in mind that price can still go up to test our brown trendline to get more liquidity to be able to push downward.
on M30: we are waiting for an objective below our lower orange trendline last swing standing to sell.
or waiting for the right shoulder to form and then enter on the head and shoulders neckline break downward.
M-pattern
Pattern Triangle - How to find? how to use in a right way?Triangle is one of the most populat pattern. A lot of traders are trying to use, but mostly thay can not find it, or are drowing it in a wrong way. In this video I am searching patterns with you and also will give you most important principals for trading with it.
SLV Long Bull flag on monthly chart Monthly Chart shows a very nice Bull Flag for SLV A long stock play can be done if I want to hang onto the stocks for a few months. The length of the flag pole shows about a $3.5 move, so an option about half way up that move with the expiration of March would also work. In fact. I'm looking at the decently16 s priced strike that expires on March 31 2020
a Debit spread can also be done if i also sell the 17 strike on the same expiration That would make the cost of the spread at the current market price $21 with a profit potential of $79
How to 4x your money in 2 months with 3 Ascending TrianglesDear traders & everyone who is learning Technical Analysis!
In this video I'm going to show you how to recognize a core bullish trend & play Ascending Triangles. It would have given you amazing profits in the case of VFF.
Have fun watching! ;)
EURAUD big bullish equal ABCD settin upIn EUR/AUD pair there is this major resistance/support zone on weekly and daily chart. Price has break the ''ice zone'' on daily and is closed above the structure. If we get a retest on 1h - 4h chart between fib 38.2-50.0 levels, there would be equal move then to orginal trend on the zone's top.
NZDUSD - stalking for a move. These are exciting times with NZDUSD - in fact all NZD pairs hold excitement around now.
In the screencast I'm stalking the Fib 50 - 61.8% looking for the first sign of move south. Of course it could go north by any amount. However, I think there could be difficulty in that area.