BTCUSD // minor long trendWHAT DO YOU THINK ABOUT BITCOIN?
The countertrend of the last corrective impulse is valid until the price closes below H4 impulse base.
Within this minor long trend, the market may test the correction fibo 50, but if it's broken, the correction of the primary long trend may go for a test of the correction fibo 50.
Of course, the short side offers a much better opportunity, but it's worth to wait for the minor long trend to be broken.
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Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red
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Stay grounded, stay present. 🏄🏼♂️
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Minor
CRUDE OIL // long after correctionThe market has managed to stay above the monthly impulse base (orange), and the weekly/daily has turned up.
The daily has reached the target fibo 138.2 with an impulse, therefore, I expect a countertrend here on H4/H1, and I want to go long after that countertrend breaks.
The target is the monthly breakdown and the daily target fibo 200.
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EXPLAINING COLORS
Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
H4 - aqua
Daily - blue
Weekly - purple
Monthly - magenta
———
Stay grounded, stay present. 🏄🏼♂️
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CRUDE OIL // long ideaThe trend is long on the weekly, the daily, and the H4, and H4 seems to close above the long trigger line (green), that is the last clean H4 breakdown.
If this happens, the daily target fibo 138.2 in line with a daily breakdown is the target.
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Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red
———
Stay grounded, stay present. 🏄🏼♂️
<<please boost 🚀 if you enjoy💚
DAX // minor long trendThe correction of the daily short impulse on H4 forms the minor long that that is valid.
The main H4 breakdowns (aqua) and the daily breakdown zone (orange) are the targets of this long trend, but it is a minor one, so it can turn south any time, and if the H4 impulse base is crossed down significantly, the next targets become valid in the short countertrend.
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Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
GBPJPY // minor long expansionThe market is in a H4/H1 countertrend within the daily minor long trend.
I'm waiting for a break of this countertrend and target the H4 breakdown zone (aqua) and the clean daily breakdown (green) - that is happen to be the border of the primary long trend's expansion phase.
The idea is valid until the daily impulse base is broken.
The H4/H1 countertrend is valid, so it may go further south, testing the daily breakout (blue).
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
GBPJPY // minor long expansionThis is a daytrading idea.
If the last clear M15 breakdown is cleared, the market enters the expansion phase of this minor long trend, going for the H4 resistance zone, with potential targets (H1 target fibo levels) on the way.
The idea is valid until H4 trend is up.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
DAX // minor long trendDear Traders,
I said everything I wanted in the video, but let me summarize the key points.
Monthly trend: LONG
W-D trend: SHORT countertrend, accumulation phase
H4-H1 trend: LONG
So the minor long trend is valid, the target is the Daily breakdown.
Enjoy riding the waves!
ZenScape Trading
$GBPAUD - Trade idea!!!$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.
Disclaimer: Not Financial Advice
Long AUDUSD , End of Minor down trend and near UPtrend Trendlinehi
price is near end of minor down trend bcuz of not LL in M15 and M30 time frame.
price is near start of major up trend in Daily time frame.
price rejected from high 30 days RSI 30 level and its near end of seller level.
price rejected from high resistance 0.7263 price level
CAD/JPY - Two Potential Price Paths IdentifiedWe saw a break of this range to the upside last week. We have identified long term targets by looking at HTF key levels. Will price continue to rally or retrace to test our previous resistance zone as support before another push to the upside?
Check out our two potential bullish price paths on the analysis.
Any questions - Drop me a DM!
GBPAUD: AnalysisWhat's up traders,
There is a triple top formed on the 15 minute, i'm waiting for price to fall and hit my entry (1.77118). As you guys know there was a huge gap this week and price has not retraced to the area that it gapped from. With there being a triple top i'm waiting to see if price will reverse and head to the last sessions low which is where I have my t/p 1. Right now price looks like it could go down but its retracing to the upside one more time before the fall, but things could change beginning of London session which is approaching in a few hours. Goodlcuk to you all, leave a comment below!
Will GBPJPY go down?As seen on the displayed chart, GBPJPY will go up slightly past the price of 139.857 at the 61.8% Fibonacci retracement level ratio, before finally going down. On the other hand, if the price continues to move up past the price of 140.450, it is likely that the price will continue to rise.