This is a live execution of USD/JPY trade, demonstrating how to successfully execute a counter-trend strategy. This trade was all about understanding the market phases and recognizing the trend reversal at the right moment. To pull off a counter-trend trade, you need more than just technical skills—you need a solid grasp of trading psychology. Staying patient,...
Year Bitcoin Price ($) Change ($) Year-over-year (%) 2022 47,743 18,351.22 62.44 2021 29,391.78 22,203.31 308.87 2020 7,188.46 ...
A few days ago, I identified the different market phases through this company's graph: uptrend, distribution and downtrend, which could imply that the market is right now within the accumulation phase. This phase is characterized by the price of these shares being lateral and, when this phase ends, a new trend will begin. Therefore, I consider that keeping an eye...
In my experience in the markets, all price action follows 3 main market phases as below: 1) Consolidation: price ranges between two levels and consolidates between that area. 2) Expansion: Price action breaks out of the consolidation with high volatility making rapid impulsive and corrective waves. 3) Trend: The price action finally follows and market has a fixed...
US30 will go long into the next week. Will test 33190 before attempting to break it. Should break above and hold, if price bounces, it will sell.
Price should retest new all time high. Reversal is over. What do you think?
XRP will go long to retest; could happen before or after lawsuit is over
Daily Restest After Contraction phase on NZD looks like buyers exhaustion to possible swing low it will cause price to move down so the US dollar can gain power and continue up
For timeframes m5. Detailed levels for buy / sell. On the screenshot below 🠗🠗🠗 ibb.co Hi everyone. My analysis done for my main timeframe m5. I start from higher timeframes D1, H1 and move down to lowest m5. Futures contract for Brent crude , London exchange ICE 12-20 My trading is based on market phases by Wyckoff.