the following rule often works for me: high volume red candle followed for a low volume green candle equal they are not buying but fooling you to think they are. usually the market makers are trying to call more buyers then they can stop them out . once you open a long trade the price could move the opposite. i think is worth to risk 0.5 % here
i have learned a pattern that usually works, after a fake breakdown or breakout the price moves on the opposite direction. that been said, i think is a good idea to open a long on eurjpy after what it looks like a fake breakdown from the acumulation zone, i am expecting a higher high here. an extra confirmation i really love to see is the volume increase. i am...
usdjpy could make a new local high, i like this idea and the risk looks ok
long play on gbpjpy idea de compra en gbpjpy price is probably forming an ascending triangle
keep it easy one day said one of my mentors, seems a clear entry, seems easy, low risk, likely happen.
here my idea on bank of america, bac seems in the last impulse before the big correction, 1m chart is forming wave 5, on 4h chart i think the price is forming wave 4 flagging on decreasing volume, target is wave 5 around 50 usd
Coke printing a head and shoulders pattern on 4h, just waiting to confirm neckline breakdown after 1h candle close.
i am assuming levi is making a 4 wave oin 1d timeframe drawing a flag, if this is a flag how i believe it woulkd need 1 more wave down to complete E, green zone down below and yellow line is a nice confluence zone where the correction should be finishing
Entering on a Long position on bitcoin after 88% retracement
I love flag in a flag pattern Coca cola could be ready to fly after flag breakout
we should wait for more confirmation for open a long poisition, but seems like aal is about to fly to a new high.
children's place drawing a good long setup, will expect an upward movement from here
just add pfizer to my watch list, waiting for best area to pick some calls.
waiting for breakout on coca cola to confirm a long position.
gold printing a book long setup expecting break out of the downtrendline without issues