US30. Technically we looking at the three touches on our major trendline. lets break down our analysis, Weekly chart we got our candle stick confirmation doji, whereas it occurred at our major trendline moving to daily, we see the selling momentum and we clearly see how the inner channel got broken. the price is facing down more pressure is coming. 4H get clear...
USDCAD. Structure is key in my view when i look into charts, Firstly we see that the price is respecting our channel clean touches on the channel , we now followed by a nice and neat double top formation, Heading to 4H chart you going to see the candle stick confirmations, clean entry was taken on 1H chart, our RR is 1:3. Risk management is key fellow members.
NAS100. What we currently seeing is a simple channel , that is now showing us that the third is still not filled yet, a great opportunity to enjoy the rally to the upside. the market is now consolidating showing us market breath after the impulsive move, Thinking in probabilities, we see that the market has some probability of giving us a double bottom, whereas we...
NZDUSD. Technicians look at this beauty, we broke and retesting TWICE the major support trendline, price gave us a clean double top, with a rising flag pattern on the mini double top, NZDUSD has been a falling market for the past weeks looking for reversals now you at the wrong market. Please comment below your views on this pair. Proper RRR Please fellow members.
GER.30. Great view i have on the ger.30 simple technical methods i used here. firstly we would do a multi-time frame analysis 1W and see that price broke our major trendline but never came to retest it enough momentum to look for a buy , moving to the 4H chart we see the price created rising channel CLEAN confirmation on the uptrend reversal, with inner patterns...
S&P 500. We can clearly see that price has some buying momentum, looking at our doji candle stick giving us a sign of trend reversal. Price broke our inner falling channel, with the current market consolidation price is showing some upwards momentum, Possibly heading to our resistance trendline for that magic touch, Apply proper RRR.
POUND. We currently looking at at downtrend on the pound, Refer back to weekly chart as we break down our analysis, GBPUSD gave us a clean double top @1.42838 with clean enough confirmation, the pound has been in a downtrend for weeks now, not forgetting that the trend is our only loyal friend, coming down to 4H chart we see clean correction/continuation patterns...
JAPAN STOCK. Clear enough for you to see the technical background. Price is respecting a very strong trendline Resistance, showing us some indication of possible down move to our 90% rule target, a rising wedge happening at a major resistance trendline. Don't be trapped by the market markers, cause thinking in probabilities price might break the trendline thereof...
US30 Stock looks like this. first we looking at broken inner falling channel, whereas price shows the no return, after a strong impulsive move price is now consolidating, clearly signing a breakout/continuation, If you look closely you are looking at Bullish rectangle, and our Doji candlestick on daily Timeframe. My technical move is to the upside, wait for proper...
DXY is looking bullish . GOLD is retesting a very strong support area . showing us a falling wedge pattern, trendline magic Three touch formation, lets not allow the pairs to confuse us, technically they can all work out if we were to look at probabilities. Market manipulation this month will be very hectic, be on the look out for this set-up. proper risk will save you.
Beautiful piece of art work am looking at. Looking at Nas100 i see that the bears have came in hard. but will price respect our trendline support? GOOD QUESTION! For the past few weeks we see that our trendline support has been very strong always retested twice before the Bulls take control. we Looking at a nice channel set-up on Nas100 whereas we waiting for...
Gold looks like this on my own view, with a falling channel we always follow the golden rule ( BUY LOW SELL HIGH)
Based on our channel we see that bitcoin has made a double top and with the current bearish momentum we might be heading to our trendline support line. Risk like a Champ!
Usd/zar looks very neutral on the trendline support, whereby we not very certain where the price will go. The pair formed a correction pattern flag indicating continuation. that is the probable the possible is the market might respect the channel and go long so we currently waiting for confirmation for both directions! Risk like a PRO
Price touched our major level of trendline support, giving us some sort of bullish momentum, buyers are coming in hard. price formed correction flag and we expecting a breakout on that level. use proper risk management, NAS100 is very volatile.
The cable is showing us the correction flag on 1H chart, As we all know the rules of the pattern, impulsive = correction= impulsive. use proper Risk management. confirm your entries on 15MIN charts.
SO MUCH CONFIDENCE THIS SETUP IS SHOWING ME, WE JUST BROKE OUR FALLING CHANNEL WITH MULTIPLE RECJECTIONS ON THE TRENDLINE RESISTANCE, AND ALSO PRICE FAILED TO BREAK 73.877. WE LOOKING AT BULLISH MOMENTUM HERE. USE PROPER RISK MANAGEMENT. TRADING INVOLVES RISK MY FELLOW TRADERS!!!