Update on AAPL Here's an update on the Apple stock. This is showing that the Take profit was hit. I'm still bullish on Apple stock, just looking for a better place to re-enter a long position. For now, i'm on the sidelines, waiting for a possible pull back?!?!? Below is an image of my original analysis.
April 16th
Update
Update on NetflixI'm aware that this post is late but just wanted to show you that my Take Profit was hit..... Waited a couple of days for netflix to pull back before I entered and entered a long position, which i held for a few days... Personally i think Netflix may continue to rise (in the long run), but for now im staying out and looking for a better point to re enter a long position. Below you are able to see my original analysis on netflix and how things played out over time.
April 20th
April 26th
April 29th
Update on previous GA analysisin my previous analysis of GA, you would notice that i was bullish on it. I entered several positions, and was waiting for a pullback so that price could complete the inverted head and shoulder pattern, and i could enter with more entries. It appears that i was spot on lol
US OIL BREAKDOWN ANALYSISUS OIL BREAKDOWN ANALYSIS(HARMONIC ANALYSIS)
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A potential harmonic bat pattern is forming on WTI.
what I like about this pattern is that its D point is lying perfectly on the current structure low = strong support.
our buy zone is between 19.2 - 20.3
from this area, we will expect a pullback to at least 23.0 / 25.3 levels
safest stop: 18.15
AUDNZD-Short (UPDATE/FORCAST!!)Steady stair step ascending wedge patteren
Price broke through support channel
Signal 1- Heavey seller momentum at (1 Apr '20 08:00)
Signal 2- Followed by several red candles closing bearish on 4H chart
Tp1- 1.01182
Tp2- 1.00228
UPDATE!!
Retracement reacting to support>>> New resistance
Excpecting one or two small retracements before bearish move.
Holding position over the weekend
BTC Trend Forecast 31/03 - UpdateOver the past two days, BTC has grown in value, but it seems unlikely for it to break the resistance around 7000$ yet.
The RSI is trending up, however its increase looks likely to be just temporary, also considering how the MACD chart is setting.
If BTC value (as well as RSI) will bounce again and continue its downtrend, it could be a sign of retracement.
In that case, my previous analysis could hold and be a good predictor of BTC future behaviour.
Otherwise, this could be the start of a more durable downward trend.
What's your idea about it?
GBPNZD UPDATE! This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
BTC Trend Forecast 27/03 - UpdateYesterday BTC has showed a bearish behaviour, matching the pattern identified in my previous analysis (27/03).
If this trend continues approximately over the course of the next week, it could be a sign of a retracement anticipating a following stronger bullish trend.
According to my previous evaluation, entering a strong and supported bullish pattern would lead BTC value to recover from the significant decrease it experienced two weeks ago. Possibly, jumping back to february-ish ranges of value.
Thanks for reading the update, what are your predictions about it? What do you think?
HEAD AND SHOULDER UPDATEHello traders, this is an update on an idea published earlier this week. Price got rejected at previous support and we assumed the possibility of a head and shoulder pattern developing. We monitored price action at the right shoulder where we look for signs of rejection for the reversal to take 4 buy position. Our first position was 50 pips and the rest increased by 50. Target 1 for 50 pips, target 2 for 100, target 3 for 150 and awaiting our final for 200. If successful, we will accumulate 500 pips here. We have gotten 3 targets and now hoping for the 4th risk free. This pattern gave us a successful trade and I am happy I was able to share the idea for educational purposes. Have a plan, have a strategy, analize, be patient and execute. Traders should not predict the market but react from it.
Trade smart, don’t gamble!
NZDUSD Update! This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!