Hello everyone: The Indices market has been selling off in the last week or so, and its perfect opportunities to look for further downside just as what we have seen in the past from Covid and other previous correction times. I have share many bearish price action outlook, forecast and analysis on the indices market, and they all are working out to the downside...
Hello traders: Here on S & P 500, we can see price is at the top of the overall higher time frame structure. This consolidation has been going on for quite sometimes, and many often when price hits the highs, we often see reversal of bearish price action. Now as we can see on the lower time frame, there is bearish reversal development within the HTF...
Hello traders: Most of the major markets suffer a bearish drop on Friday, and crypto market is no exception here. Lets take a look at the overall development right now from a price action point of view. We can see price has managed to push above the ATH temporarily, but failed to continue higher with any bullish price action. Instead, what we have here is...
Hello traders: Similar like ETH, we can see DOT's price has reach ATH, but did not continue upwards after. Instead, we see a potential double tops, and a Head and Shoulder developing. Good signs of bearish reversal possibility. Wait for the right shoulder to develop, as a bearish continuation correction on the lower time frame, that can be the confirmation...
Hello traders: Looking like the the crypto market are showing signs of bearish price action on the lower time frames. Here on XLM, we can see that after the previous higher time frame bearish impulse down, we have a larger bearish structure developed. WE then see a another bearish impulse down out of the structure, good signs of further downside...
Hello traders: Most of the market are rather bearish in the last week or so, and crypto is certainly dropping like what we expected. From beginning of December 2021, I have already been discussing the possibility of short on most of the crypto from a technical, price action point of view. After my original idea of a short when price is on route to finish the...
Despite the recent pullback in the US stock market, I remain bullish on KSS. As shown in my analysis, there is a pretty clear bull flag patter formed in Kohl's price movement. The last KSS bull run yielded 250% return so there is significant upside should a breakout occur. Not finacial advise, simply speculation (: Good luck!
Here is a scenario of what could happen just before the next drop to 30k, Bitcoin is probably going to "range" in the next days/week and then set up a bullish pattern which is a trap to liquidate traders and then...
Sol right now did finish 3rd selling cycle. Keep eyes open and do set up some alerts.
1)Price is moving in the triangle pattern in Daily Pattern. 2)And in the Lower timeframe we can see an Expanding channel. 3)Once the price gives a breakout to the Expanding channel we can enter keeping the stoploss below the 600 levels. 4)By entering at this level we can wait for the breakout of triangle on larger timeframe to get more rewards.
I did predict in my TA on 4H charts at very beginning of November upcoming at least 2800 support level & most of people politely smiled back to me. Well… finally we are here, @ 2800 level crossed over. In my TA on 4H charts it means only one - Consolidation time. Prices still going to bounce up & down for a while and some fake breakouts going to happen up &...
I did predict in my TA on 4H charts at very beginning of November upcoming 35k support level & most of people politely smiled back to me. Well… finally we are here, @ 35k. In my TA on 4H charts it means only one - Consolidation time. Prices still going to bounce up & down for a while and some fake breakouts going to happen up & down. Some people going to loose...
Need to complete the recovery of the impulsive move made. Expecting EURJPY to continue its short.
Market is making LH,LL’s on the daily time frame. No trade I’m looking to get in at this moment just wanted to share my daily chart .
Hello traders: I have been discussing and sharing all the USD forecasts and analysis for the past few weeks with the bias of strength in them. WE are now seeing most of the USD pairs doing exactly that, and many got in on the impulse phase of the market condition from my community. I will be going over all the major USD pairs from a technical, price action...
Hello traders: Just like most of the USD pairs we see across the market is strength in USD, USDZAR is also showing good development for possible bullish continuations. We can see after price made a bullish impulse up, it then start to correct and develop into a flag like structure. As we know these type of correction usually give us a another continuation...
$GBPAUD Trade idea! Weaker GBP expected as AUD increases, gold heading higher - Great trade to take would be GBPAUD - Take the opportunity whilst it last but of course trade your OWN trade plan is very important! Technically: Double top, measuring down perfectly towards 50EMA. - If it goes above 1.89 areas then the trade idea is no longer validated....
It's not a perfect Descending triangle wave pattern but I'd say it's in a good position to test the lower supports and are more likely to break them down if it's going to break now is a good opportunity