NASDAQ:INTC is about to create such a massive higher timeframe candle - a drop is immanent! Within one month, a setup played out and we are back to beginning. During the past 30 days, Intel rejected the support towards the upside with a move of +25% and immediately reversed the entire move. The monthly candle will close so bearish, I do expect a break below...
Pairs on Watch - EURUSD GBPAUD GBPJPY A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Pairs on Watch - AUDUSD EURNZD NZDJPY A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Key Levels: Resistance Levels: $2,480: Recent high, acting as a strong resistance level. $2,449.525: Previous high, another significant resistance level. Support Levels: $2,391.612 (4HR LQZ / TP 1): First significant support level and target point. $2,348.723 (Daily LQZ / TP 2): Second support level and target point. $2,289.000 (TP 3): Third support level and...
Me Going Over My Blue Jay Strategy And My Robin Trap Strategy In Deep Detail. And Going Over My Trades This Week So Far!
Hi Traders, this is another episode of charts247 weekly trade planning session. We believe in trade planning because it helps us identify high-probability forex pairs that we should trade during the week. Below are the indexes based on the 4HR wave structure. DXY: Bullish Reversal (+ve) EXY: Bearish Continuation (-ve) AXY: Reversal (-ve) SXY: Bullish Pullback...
Hello Traders and Investors, today I will take a look at Intel Corporation. -------- Explanation of my video analysis: In April of 2022 we saw a major break towards the downside on Intel stock which was then followed by more bearish continuation of roughly -65%. Then Intel retested a multi year long structure and created a pretty decent bullish reversal and a...
An overview of all the pairs I am looking at for this trading week. Full breakdown in the video with analysis and explanations of what I will be waiting for before executing in the markets.
Three positions taken last week, two breakevens and one loss. Great trades nonetheless, two structures I would take over and over again with the EURUSD position being on the higher risk side of things. Risk management plan stuck to, frequency is picking up just in the first month of the year as expected. Trade safe and responsible
The GBPJPY has been bouncing back & forth between structure with the most recent move being one back into a level of previous structure resistance. At this level we also have a rising channel along with our RSI going overbought 7 showing bearish divergence. Targets are taken using a combination of price action analysis, & Fibonacci tools. If you have any...
A look at the NASDAQ & a prediction of where it's current pullback is likely to terminate at using price action analysis, structure, Fibonacci tools & volume. If you have any questions, comments or want to share your analysis/ideas on the chart please leave them below. Akil
Key details explained in this trade recap showing the repeatability in price action and how you can use this to your advantage. GBPUSD short for +2%.
Breakeven taken on EURUSD last Friday, very happy with the management. Full explanation in the recap. 🧠Emotional Log --- **Pre-Trade** I understand all the confluences within my thesis, I accept this risk as I know if it is a loss I clearly understand exactly why I took to the trade. My stop is protected and if price takes me out there is a chance it is...
Breakdown of my full weekly watchlist pre-CPI. Also what I have on watch for today, EURUSD and EURCAD.
Two pairs on watch this morning, USDCAD & CADJPY. Similar plays but crucial differences in WHERE price has come from. Stay sharp.
Four pairs on watch for me today, simple plays. Market needs to show its hand first, right now it is a case of staying composed and patient.
Price did not break above last night and we are currently ranging on the 15 min. I've explained the 4 possible scenarios we could see play out
How am I feeling pre-trade? I am feeling confident in my mind, I forecasted the risk entry and not allowed little things to put me off the trade. Normally I would be saying things like ‘its gone past the hook’, ‘there needs to be a nice retrace or pin bar’ but ultimately it has all of the ingredients to sell. Ascending channel, meets AT hook with a 1H retrace...