📉✌BTC 3OMin Short Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first take a look at my previous analysis and positions.
💥Three Drive pattern💥
between now and the yellow area, you can open a short position in two or three steps.
If the price falls and reaches the TP1 level, you can risk-free the position.
TP1-2-3 are on the chart.
The optimum stop-loss is above the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Priceactiontrading
📉✌ETH 3OMin Short Position✌📈BINANCE:ETHUSDT
COINBASE:ETHUSD
Hi traders, first take a look at my previous analysis and positions.
💥Three drive pattern💥
from now, while now and in the range of the yellow area, you can open a short position in two or three steps.
If the price falls and reaches the TP1 level, you can risk-free the position.
TP1-2-3 are on the chart.
The optimum stop-loss is above the determined lines.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
GBPNZD SHORT
List of confluences:
1: Trendline breakout on daily chart
2: Rising wedge pattern breakout which signals trend continuation to the downside.
3:Key level breakout on daily chart.
4: Change in market structure from bullish to bearish.
We will be looking to sell this pair as it remains bearish despite BOE attempt to intervene in the weakening of the Pound.
Risk reward currently stands at approximately 9.13 to 1. So we could see a return of between 9.13% to 18.26 for this
particular trade if we risk between 1 - 2 percent of our account per trade.
Analyzing with PrecisionWhen it comes to price action trading, price analysis is at the foundation of our trading methodology. This analysis dictates all our eventual actions in trading. So seeing that price analysis is at the core of the price action trader's trading, we want to assure that we analyze with as much precision as we can. So how is that done? Let me explain how I go about making sure my price analysis is as precise as possible. To begin with, it starts with a "state-of-mind". A clear mind that can notice the subtle hints in price that sway our analysis. In order to achieve this state-of-mind, one must understand what a "hasty" and "impatient" mind is in comparison to a "calm" and "patient" mind. The impatient mind is easy to replicate. Try breathing with fast and short bursts; similiar to the breathing pattern one gets when sprinting. Notice the impatience in the mind.That although seems sharp, lacks the serenity in the mind that one has when they are not sprinting. On the other hand, the calm and patient mind can be glimpsed through remembering what your mind feels like on a Sunday morning, in which you have no work, scheduled engagements or activities you must attend to throughout the entire day. This serenity that you experience is the patient mind you want to adopt when analyzing price. With this state-of-mind comes an effortless yet powerful foundation which allows one to analyze with precision. It's quite counter intuitive that precision comes with such relaxation. So how do I acquire this skill you ask? Well, it comes with practice. If the ability we wish to achieve is a relaxed mind when analyzing, all we have to do is "take our time" when trading. However, this is easier said than done. The markets, especially on the lower time frames, tends to activate the "impatient mind". Where we are analyzing while literally having the same mental state as when we're sprinting. Are breathing shortens and speeds up in repetition. Breaking this habit may take time. But if practiced, anyone can achieve a patient mind whilst analyzing price. Start by changing your eating habits. Most of us tend to finish our meals in 5-10 minutes. An outcome of our busy lives and also a great example of carrying over our impatient minds into moments of the day when relaxation should come naturally. Begin making it a habit to chew your food 50 times before swallowing. As you slow down the pace in which you eat, notice the sense of serenity and calmness in the mind. Compare it to the quality of the mind when eating fast. There should be an obvious difference. After 3 days of implementing this habit, slow down other aspects of your daily activities to acquire the same effect on the mind. You'll begin to notice the connection between the mind and speed of activity. If you hurry the activity, the mind will follow. If you slow down the activity, the mind will slow down and become more relaxed, patient and serene. Upon testing this correlation and becoming more adapt to it, try it on your price analysis. Take your time with your analysis. Slow down your analysis. If time doesn't allow, decrease the pairs that you analyze or trade the higher time frames. If you do, you'll begin noticing the subtle hints in price analysis that perhaps were hidden from you while you adopted an impatient mind.
I hope this helps!
Have a great day!
Ken
BTC 4h updateBTC is trynna reach 17.5k this week, but a little retest upward is required as we're near to opening a new monthly candle... and also its expected to touch the LOW again (18155), and then retest upward, and then 17.5k & going bullish... but its really expected to reach the min target of 14-16k as future targets, this is gonna be the second tap of 17.5-17.7k on weekly chart so, I expect it'll be broken downward to the min target of 14-16k on the third tap...
Enjoy... :)
$DOGE | Finally reaching over bought status again$DOGEUSD 🐕 has finally reached overbought levels, that haven't been seen since mid-August. To put it bluntly it's been particularly quiet on the $DOGE front. We may have a SHORT opportunity here upcoming and my eyes are peeled on this near term resistance level on the 4hr and breakout of the upper band. Waiting for a confirmation candle as well as RSI to point downward before a move is made. Also remembering that $BTCUSD moves opposite of $DOGEUSD TYPICALLY. So if $DOGE is pumping then $BTC is stagnant or on the decline.
This is where patience comes into play.
EURGBP: Trend-Following Trading Plan 🇪🇺🇬🇧
Update for EURGBP.
We have spotted earlier a bullish breakout of a weekly resistance cluster.
Now the market retests that.
To buy with a confirmation, watch a bullish flag formation on 4h.
We need a 4H candle close above its resistance to confirm the breakout.
Then buy aggressively or on a retest.
Targets will be 0.8779 / 0.881.
If the price breaks a support of the flag, the setup will be invalid.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
XAUUSD Potential Bullish Retracement!Hello Traders,
In the upcoming trading week we will be monitoring XAUUSD for a Buying opportunity in and around 1655 orderblock area. Once we get a Bullish confirmation the trade will be executed and shared with our premium members.
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
CADUSDHello my dear friends
Here in the market, we expect the dollar to weaken. The Bank of Canada interest rate will be announced tomorrow.
Currently, if the previous price floor ($0.749) is maintained and the current trend is above the price range of $0.7547, the possibility of an upward trend similar to the drawn scenario is strengthened.
Be sure to keep in mind that the condition for the trend to progress to the green area is the complete consumption of orders in the area of $0.7586.
We would be happy to hear your comments
EURCAD Trend Following Setup!Hello Traders,
In this week's trading session we will be monitoring XAUUSD for a Buying opportunity in and around 1.32 order block area. Once we get a Bullish confirmation the trade will be executed and shared with our premium members.
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
GBPJPY: Classic Bullish Setup 🇬🇧🇯🇵
On a yesterday's live stream with my students, we discussed GBPJPY pair.
Falling sharply, the price reached a solid demand cluster last week.
The price formed a tiny ascending triangle on that yesterday
and broke its neckline then.
I believe that the pair will keep growing now.
Goals: 164.28 / 164.73
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EURJPY: Your Trading Plan 🇪🇺🇯🇵
EURJPY is coiling around a key daily structure support.
Analyzing the reaction of the price to that structure, I spotted a horizontal range on a 4H time frame.
The market remains very weak and indecisive on 4H and trades in sideways.
To buy with a confirmation, wait for a bullish breakout of its neckline (you need a 4H candle close above that to confirm the breakout).
Then buy aggressively or on a retest.
Goals will be 144.93 / 145.4
If the price breaks the green support, the setup will be invalid.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
📉✌XAUUSD Short & Long Position ✌📈OANDA:XAUUSD
FOREXCOM:XAUUSD
Hello traders, first look at my previous analysis and positions on ETHUSDT & BTCUSDT & EURUSD.
Just don't forget to risk-free your position.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
US30, are sellers getting ready to test 30,550? In today’s video, we are looking at the US30. We start with a longer-term view and move down to the short term. Overall, the market continues to trade in a corrective phase that could be called a bear market.
The issue we see here was the last relief rally that broke the downtrend. While it did upset the pattern of the downtrend, sellers now look to have broken that trend, and Tuesday’s session could be a bit more than an exhaustion bar as sellers so far today have made a new LL maintaining a normal pattern of trend.
After yesterday’s latest move lower, could we be set to see 30,550 retested by sellers? That could become an important point if buyers can hold it. We will then look to see if a new LH and retest of the area could re-confirmed. Otherwise, a new break could set up a new move that could test the 30,000 area.
A lot will depend on the current inflation outlook guided by future data and the Fed. Interesting times. We love hearing from you, so please drop us a comment on your thoughts.
Enjoy your Friday and good trading.
NZDCAD: Still Bearish Outlook 🇳🇿🇨🇦
Even though NZDCAD went higher than it was expected yesterday
I still remain bearish biased on NZDCAD.
The price broke and closed below a support line of a bearish flag pattern,
confirming the strength of the selling pressure.
Targets:
0.788
0.786
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Learn How to Trade Wedge Patter | Full Strategy Explained 📚
Hey traders,
In this video, you will learn how to trade wedge pattern.
We will discuss the theoretical basics of this pattern.
Then, on a real market example, I will show you how to spot and trade it.
❤️Please, support this video with like and comment!❤️
NZDCAD: Your Trading Plan For Today 🇳🇿🇨🇦
Hey traders,
NZDCAD broke and closed below a solid structure support yesterday.
Retesting the broken structure, the price formed a head and shoulders pattern on 1H time frame.
To short with a confirmation, watch 0.7893 - 0.7898 horizontal neckline.
We need an hourly candle close below that to confirm the breakout.
Then, short aggressively or on a retest.
Goals will be 0.788 / 0.7865
If the price sets a new high though, the setup will be invalid.
Please, support this post with like and comment!
EURGBP: Classic Bullish Setup 🇪🇺🇬🇧
EURGBP is trading within a horizontal trading range.
Approaching its support, the price formed a double bottom formation and broke its neckline then.
I expect a bullish move to 0.8715 level now.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GBPAUD: Bearish Outlook 🇬🇧🇦🇺
GBPAUD is coiling around a solid intraday supply zone.
The price was rejected from that multiple times.
I spotted a double top formation on 1H and a confirmed neckline breakout.
I expect a bearish move at least to 1.6957 support.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️