Palladium - Still not too late exit Buy- Reversal in progress. Keep tune up for the next update.. watch out for the reversal.
Just an idea on Crude Oil. It is time to cash out on TP1 & look forward for a TP2. It is a safest way to take Partial profits on TP1
Important things to note: BTC has swept the lows, yet there is no sign of a liquidation candle. This leads me to believe there is no fuel and the open interest you see are FOMO shorts. Since they are collaterized with stablecoins, this makes sense. So like I said before, I believe we are at a bottom at 40k for BTC. I also expect the bears to be punished next...
Hello traders: NZDJPY has potentially develop into another bearish correction that can help the price to push down further. WE can see from my previous outlook, price did indeed had the bearish impulse down from the ascending structure, and a clean impulse move down. After a strong bearish move, naturally price will correct, which is the current correction we...
Hello traders: Just like the previous analysis I share on NZDJPY, AUDUSD, they are have the similar bearish development. Here on AUDJPY, we can see a clear higher time frame Head and Shoulder Pattern. Price formed the Top of the Head, and strong bearish impulse phase down. Naturally after a strong move, price begin to correct and form into an ascending...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE AUD / DOLLAR * The PAIR has been trading in a possible descending channel, we just had a break of structure possibly signaling continuation to the down side. - Short term the pair is in a down trend on the 4h chart this. - Looking for short entries on the...
POLYUSD breakout to upside. bouncing off .886 fib reset since selling off from recent swing high.
Hi traders: From my last GBPUSD forecast, price indeed push down as expected from the bearish reversal price action. We see strong impulse down from the double tops, ascending channel, H and S all give us good confirmation for further downside. Personally I update in my live stream that I took a sell for 3.5:1 RR, and exit the trade before the previous lows....
Hello traders: Also looking at GBPJPY and other JPY pairs for further strength. We can see from the higher time frames that price has hit a double tops area, and no further bullish price action has formed. Instead, price develop into an expanding structure, and a recent double tops within. Price did initially had a bullish impulse phase on the lower time...
Resistance for BTC in the intraday on Jan 31 is at $39344 to $40312. If this area changes to support once BTC pumps again, then the next resistance to expect is $57K, possible to see a wavy up and down pacing upwards after passing $40K.
4h logarithmic time-frame: in the down-trend we can distinguish 4 waves and the 4th wave shaped a pattern named Wolfe exactly in the fibonacci retracement 50%. this means go for short in wave 5.
This is a flag pattern in day chart.The error rate of this pattern is zero Follow me.....
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. AUDJPY: closed down for +4.52% profit. Full analysis/forecast: GBPUSD: closed down for +3.5% profit. Full analysis/forecast: UKOIL: closed down for BE Full...
Wow! Perfect pattern on Cardano! I would really like to see how this end. This is something that we need to pay attention.
BTC has achieved critical resistance which is 38000. In my opinion, price will pull up to 39-40k level and we can't expect nothing more than that because there is very strong down trend line up there. I will short BTC from red marked area to 33700-34000.
BTC-USDT is forming a Crap pattern and it should bounce from the current support area. BTC.D, the dominance is going up and that should have a positive momentum for the market Total, the total market cap including BTC is getting ready to start an upward direction
We are forming an important pattern for Solana! This pattern can be seen in the 1-hour chart but to see it clearer and cleaner I show it in the 30-minute chart. This pattern is very clear and the breaking of this could mean a lot for the price. It's something we have to pay attention!
As you all know, TWTR has been in a pretty steep down trend for about the last 6 month. Nothing right now is really telling me a reversal is coming, especially with the way the entire market has been preforming in 2022. However, I don't like trading based off trends alone. So, I have identified a continuation pattern with the bearish rising wedge above. One of my...