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. GBPJPY: Exit for +3.12% profit Full analysis/forecast: NASDAQ: Exit for +2% profit Full analysis/forecast: EURAUD First Entry: BE Second Entry: -1%...
If the resistance line fails , it can easily see the specified limits .
Just as the analysis of aud/usd is pointing upwards, so also is the analysis of nzd/usd. same direction upward at minute wave iii. NOTE: Not a recommendation. Just an opinion.
In light of the daily red zoon, the weight of the drop and the correction is much higher ! I took token sales with leverage.
Important things to note: There is an important 50MA test about to happen. A moving average is usually the average closing price of an asset in a certain amount of time. Prices use moving Averages to perform tests of a price level. Usually before a break across a moving average line, the price will test MA at a prior time hinting that it will try to cross. This...
Are you not in love with her ? an interesting and orderly move, Failure to fight the resistance and Target!!! it's nice
The next few hours will show whether btc is back in the channel. Just an idea.
Hello traders: Here on AUDUSD, we can see a clear inverse Head and Shoulder pattern in development. After price has strong bearish phase down from the left shoulder correction, we did not see further bearish downside continuations. Instead, what we see is a reversal impulse phase, this is a first sign and clue from the price that the bearish momentum could be...
After we saw a bullish bat harmonic pattern play out, we saw the price go from 29k to to 53k. Now we can see a clear bounce from the middle line of the channel. I do not think this middle line of the channel will hold. Which might lead to a possible downfall to 20k. Also note that BTC dominance is forming a double bottom, which indicate multiple month of...
Good day traders as we have seen that EURUSD has been on a down trend for a while now. we had the liquidity below the lows taken with weak retracement and further push to the down side. we see that pattern repeating it self to fall back down to the daily DEMAND zone. so a slight retracement into 1.17520 to fill imbalance before completing the bearish flag pattern...
Positive outlook for Snap stock, the possibility of prices rising to new record levels
Interval: 4hrs BTC Bull case here and can propel BTC to the new heights!! As you can see parabola's leg can become Wykoff Leg.
this pattern doesn't always come to fruition, but its a sneaky rallying cry for the bulls. when it's not there is when the bears are happier, but it doesn't always succeed either. I drew this hastily and sloppily, but its a point worth illustrating.
Hi everyone: Many have asked me about the Japanese JPY pairs outlook and forecast, as we can see they are surely gaining strength across the market. I am personally live in some of the sell and looking to hold the trade as well as scale in on additional trades as well. Now let's take a look at the pairs that I am currently in, and as well other JPY pairs from...
$PBE Ascending Triangle has been forming since April 2021. Waiting to see for a bounce on the diagonal support line. A daily close above $80.70 will trigger a long signal. Price target of $89.60. Price got rejected at 18 MA, and gapped down at today's open, finding support at the diagonal line. This gap down on price is not a surprise, since most of the markets...
Hello traders: SOL has been on a massive bullish up move, they question is can we still get continuation up move ? We can see after the strong bullish impulse up, price naturally needs to correct and consolidate, which is what we see here. A bullish flag/channel correction in the making, which gives us bullish bias for continuation price action. Latest price...
Hi everyone: Here on GBPJPY, from the higher time frame, price is currenting developing the right shoulder of the H & S pattern. We can then see on the lower time frame, price is in a larger expanding structure, correcting the price with a few swing highs and lows. A lower time frame ascending channel pushing up the price, and a sharp reversal impulse down....
Check the chart. Pretty simple entry and pattern. Short stop below a bearish pattern forming on a lower timeframe