Magna_Riqueza_Divina

Magna_Riqueza_Divina

Starting the week with some good setup wins. NB: I don't provide signals. I just share my trade ideas and results.

Magna_Riqueza_Divina

Principles applied: 1. Multi-touch confirmation 2. Pattern within a pattern 3. Phase Identification 4. Nature's theory Disclaimer: Not a signal. For educational purposes ONLY. Use your own discretion.

Magna_Riqueza_Divina

Beautiful Trible top setup for a 1:12 RR. Phase Identification, Chart patterns

Magna_Riqueza_Divina

Beautiful intraday setup. RR= 1:7 Phase Identification

Magna_Riqueza_Divina

Follow your rules and monitor the trade setup. Disclaimer: For educational purposes. Do your own analysis.

Magna_Riqueza_Divina

Sometimes paying attention to price action patterns repeating themselves is the only analysis you may need. Disclaimer: For education purposes only. Do your own analysis.

Magna_Riqueza_Divina

The position is now Risk-Free Disclaimer: For educational purposes only. Do your own analysis.

Magna_Riqueza_Divina

Long-term outlook = Potential Head and Shoulder formin for mid-term swing short positions. Short-term outlook = Falling channel = Long opportunities. Target - 90% rule Disclaimer: For educational purposes only.

Magna_Riqueza_Divina

Bitcoin Intra-day trade idea Disclaimer: Only for Educational purposes.

Magna_Riqueza_Divina

Greetings traders. Today I am taking a look at the oil and its possible future moves. Generally, like other indices and commodities, overall, oil is bullish. In the channel above, we notice that price has reversed off the channel's diagonal resistance and broke below the trendline. Price gave us a nice retest which potentially confirms the reversal continuation....

Magna_Riqueza_Divina

If you are looking to scale in or open a position, I see a potential Head & Shoulders forming on the M30, signaling a potential end of the retracement. *Disclaimer* This is not financial advice. Forex is a risky business. Trade at your own risk. #TradeLikeMagnatrio

Magna_Riqueza_Divina

Price has bounced off a support zone that has proven to push the price up every time the price reaches the zone. This coming week, I will only be looking for opportunities to go long as shown. *Disclaimer* This is not financial advice. Forex trading is a risky business. Trade at your own risk. #TradeLikeMagnatrio

Magna_Riqueza_Divina

We have had a good period of bearish momentum. Price is currently in a correction phase. Using the trendline rules of entry, a buy position should be actively running, but because I saw signs of a pennant forming, I had to wait. The pennant has clearly formed. This chart pattern is neutral and price can go either way, which invalidates entries solely based on the...

Magna_Riqueza_Divina

I believe the US dollar is still very bullish. This drop it has been experiencing, I believe is a retracement. I Expect price to drop as far as the support and I will be looking for opportunities to go long in the golden zone of the Fibonacci tool. This outlook on the DXY matches very well with my analysis of the EURUSD. I believe EU is still very bearish, and a...

Magna_Riqueza_Divina

This analysis is solely based on technical analysis ( Wednesday is going to be a fundamentally packed day for the US). Today, price reversed off a key level to retest the consolidation box, which lines up with our golden zone on the Fibonacci tool. I am waiting for a few more confluences to pass then I will open positions. At this point i am neutral although my...

Magna_Riqueza_Divina

Another successful clean trade setup. First TP smashed. I had set the same TP for both my entries but ended up seeing the possibilities of price going even lower. This new TP lines up exactly with our -27 fibbo retracement line (DM me to learn how to use the Fibbo the easiest way). Another entry should have been opened upon price retesting the violated channel's...

Magna_Riqueza_Divina

Take Profit smashed!! Another successfully traded setup for my students group and I. The Link to the actual analysis is linked below.

Magna_Riqueza_Divina

I only take high probability trades. I love clean swing trades like this one cos I dont like being on the charts all the time, nor everyday all day. Should price break above the Blue line I am going to allow my trades to run. *Disclaimer* This is not financial advice. Forex trading is a risky business. Trade at your own risk. Remember to exercise proper risk...