1. Wait for the bull trap in the area that needs to be tested. 2. If there is a price rejection in our zone, we'll take a short position only if there's a bearish momentum forming in the lower time frames (5mins or 15mins) 3. TP area is at 1946-1950. Trade invalidated if the price breaks through 1987 resistance level. HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS,...
1. BTC failed to break the 31.7 key level after DXY had bounced off of at 99.6 retesting the 200ema 2. I'm anticipating a further downside for BTC this week if the 29k level breaks, we'll see a premium buys at 27k. 3. If the price sustains at the 29k, we'll see a major shootup at 36-38k levels depending on upcoming major news for this week ahead. 4. We'll have...
1. In hourly, you will be able to see the area on the upside where the candles have lost momentum to the upside based in our RSI bearish divergence. 2. WF setup - this is my go-to setup when looking for a bullish and bearish opportunities. This is where the price/candles form a large wick either on the upside or downside. Then the succeeding candles will tend to...
1. Price has bounced off on our key level at 18k level after a heavy sell-off on USD last week. 2. I'll be waiting for the price to reach and test the weekly swing high which will coincide with our 200EMA on a weekly TF 3. On Tuesday, Core CPI news will be released and if it's positive for the USD, expect another sell-off on BTC. 4. Wait for the Swing Failure...
1. Price found support at 19.500 level and is making a tight range until 20.500 level. 2. This is just a pullback but still we're overall bearish with this market. 3. A couple of minutes from now, there will be a major news that's coming out for the USD so expect volatility later on. 4. Looking for a short opportunity in the lower tf is the best thing to do...
1. Looking at the higher tf, we're able to see the hidden divergence of the price using our RSI. 2. Price is currently testing the major level at 139.400 key resistance wherein it broke through in the past only to be rejected and came back again on the same level to test it again. 3. I'm anticipating another rejection in the same level. 4. I'll go with the...
1. Update on our short position that we positioned since Friday last week. 2. We were able to hit TP1&2 as expected. 3. I have closed our remaining short trade that we've entered at 1761. 4. I wanted to wait it until it hits TP3 but it's only tuesday in the week and the market has a lot of opportunities to bring. 5. I'll be waiting for the bounce on the...
1. We have already plotted the divergence from last week's analysis. 2. Notice the daily candle rejection that was closed yesterday. It's very important. 3. I'm expecting another retest to the downside in our golden fib at 107.033-107.700 4. If this level doesn't hold, a possible retest on our 50ema is also possible. 5. Also note that anything can happen in...
1. Took this long position during NY session 2. Price had bounced off from 200EMA from last week's Fed Chair Powell speech and 1 of my long position was stopped out due to this. 3. Break out of structure in the higher TF down to hourly was seen in before placing this trade 4. TP is placed in our Daily highs. Stop was also move to breakeven. 5. Also note that...
Yesterday, we took a short position on gold because our technical and fundamental factors were inline with each other. Today, we're still holding those trades until it reach our TP at 1743. If you guys still want to hold-off your trade, not a problem! just put up at trailing stop to each lower highs so as to maximize your gains. We also have 2 major news for...
Last week we've called out the next pivot point as to where the BTC might be retesting, and boy we were accurate about it! For our Weekly TF analysis for today, I have plotted the major points in bitcoin and it's trend shift from wayback 2017 to ATH and now..still in the bearish market. 2020 bearish market was affected by Covid-19. Hence why the price has dumped...
H4 TF ANALYSIS Last time we have made a post about DXY's possible key levels where it will test to find support. We were able to anticipate the retest on 50EMA, golden fib level, and 107-107.500 key levels. During the said event, DXY was dumping into the said levels since we've planned it beforehand, we were able to make an entry on USD/CHF for the 2nd time...
2 trades I called yesterday, and those 2 trades were in profit just like the once I have dropped from the past days. Along with the gold trade signal that I dropped from yesterday, this pair will be reaching our tp a little later today. I also want to take this time to appreciate all those who have been following my channel. I'll be making a $200 challenge and...
H4 TF ANALYSIS If you have been following my content lately, I make content on crypto and forex. Days ago, I've made an analysis on BTC about a possible setup, this particular setup is now happening. Last week, the dump happened on thursday and there was a continuation over the weekend. If the news about the dollar is good, expect this pair to make a retest...
SHORT POSITION ON GOLD Why I'm taking this trade? 1. Trend is still bearish 2. Gold is still trending below our 50ema and 200ema indicator for medium to long term trend. 3. Confluence of our 50% fib level price has retested and is rejecting this level 4.Confluence in our RSI which is bearish divergence. 2.19RR NOTE THAT THERE WILL BE A MAJOR NEWS ON USD AT GMT...
STRONG BUY ON THIS PAIR we can see the price movement as bullish as it broke through the key level at 0.96165 also note the formation of higher highs and higher lows (bullish momentum or uptrend) 3.55RR NOTE THAT THE MAJOR NEWS AT 8:30PM GMT +8 FOR USD WILL DISRUPT THE FINANCIAL MARKET AND THIS WILL GIVE USD/CHF A BOOST TO THE UPSIDE! HELLO, TRADERS! IF YOU...
exited my trade when this candle appeared on H1. My indicator for a bullish exhaustion or also known as 'shooting star' RSI has also formed a bearish divergence on H1 indicating a lost of momentum to the upside. Looking at the structure, price has also formed a double top - bearish price structure Overall, this was a pretty solid trade that we took...
Taking this long position as the previous price made a doji on H1 TF indicating an indecision. Bearish exhaustion. Also, we can see a hidden divergence using the RSI indicating a bullish rally. Trade at your own risk. 2.49RR PATIENCE IS KEY HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY...