hello traders: BTC briefly broke the ATH around mid October, but quickly move down and form into a consolidations. This is expected as market tends to tag out impatient FOMO traders before resuming the impulse phase. From a technical point, we can see from my previous outlook, price indeed impulse up from the bottom after forming a reversal correction. It...
Hello traders: As I am bearish on the USD overall, and expecting further weakness in the USD pairs overall. Here on NZDUSD, we can see price had a strong bullish impulse move up, and price falls into a larger, higher time frame correctional structure. With a few swings highs and lows, it validates a structure here that can be a continuation correction for...
Hi traders: Looking at the USDCAD's price action for potential further downside opportunity. We can see after price has hit the higher time frame double tops, it corrects into an ascending structure, which is a possible indication of a reversal price action. We then indeed see a strong bearish impulse phase happen, and price pushed down aggressively. Now...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. SILVER: Running Position Full analysis/forecast: UKOIL: Out for +0.40% profit Full analysis/forecast: EURGBP: -1.00% loss Full analysis/forecast: US30(DOW):...
We are seeing a cup & head pattern on this real estate ETF. How to enter a position: First entry: 20% of full amount, when it breaks the high of the handle of the cup. Second entry: 80% is the cross above the high of the cup, confirming the bullish pattern. Risk-reward setup: Profit-exit: Full target is $53 approximately. 10sma has been working...
The market got rejected from 0.00009 zone and on the 1 hour time frame is forming an inverted cup and handle pattern. A breakout to the downside is possible for the market to correct up to 61.8% of fib taken on weekly timeframe
This is another asset I have been talking about to my followers. I have been watching the consolidation closely and it looks like it is ready to start moving soon. This asset is great because it has an overall large target and a long year and some change basing pattern that has formed. I have put the first target on the chart but I expect this to really move when...
Hi traders Similar across the NZD pairs, NZDCHF is also showing good signs of bullish price action. We can see price has already completed a higher time frame continuation correction. Price indeed push higher, and formed a smaller, lower time frame correction as well Latest development shows yet another impulse phase on the LTF, follow by another...
Well would you look at that ... too me it looks like we have a mini cup and handle ripe and ready to break out the handle on the 2 hr, right after the first one pulled back a bit. what yall think?
This rising channel/ bear flag might indicate weakness in price action. Pullback from this 63-64k is possible to around 55k, before we will eventually go higher 70k+. Breaking back inside the channel will ofcourse invalidate this pattern. Best of luck. No financial advice just my view on the market.
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. I have mostly losing trades this week and the end of the month. Definitely not hiding it and acknowledge the losing month of this year. Certainly have room for...
wow . this is a crazy . look the bullish pattern . dont use stoploss because this is weekly chart mainly for those who have patient . stoploss : 0.57 targets are 2 black line . we dont using box in weekly trade . target is 100% . hope you get good profit .
Hello everyone, if you like the idea, do not forget to support with a like and follow. XRP is retesting a support zone so we will be looking for buy setups on lower timeframes. on H4: XRP formed a channel in red but it is not ready to go yet. Before we buy, we want the bulls to take over again. Trigger => Waiting for a momentum candle close above the last...
first chart i am committing to share your thoughts. PROVE ME WRONG?
Important Things To Note: Multiple basing patterns are fueling the engines for this asset. Minor Target of 0.37. I expect this asset to move heavily this alt season ETH just made ATH, alts will start to follow. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. So, anyone that follows me knows I love MTV. Their metrics look great,...
Important Things To Note: BTC has reversed ( I mentioned the reversal signal in an update). BTC next leg to 73k. Money has moved into alts, this can be confirmed when looking at pairs. Alts now move with BTC for now. The plan for ADA is the same: 1 - either a small break downwards with bounce to upside. 2 - consolidation to break to upside. ADA has been...
Hello everyone: Also eyeing USDCHF for bearish downside price action. We can see price formed into an ascending channel, correcting the price up. At the top, a Head and Shoulder pattern has formed, and reversed the price down, good indication of a bearish reversal price action. Latest development shows price broke out of the ascending channel, and formed a...
Possible breakout from the triangle by BA. Entry: 212 Target: 270 Stop-loss: 208 Period: 3-4 months Position: 5% of capital