GBPJPY PEAKED AT 171 3 months ago and has been in a bearish trend ever since. on this trade i watched price break its support level of 160 and make a lower low @158.90. my first sell entry position was 159.532 held to 159.401. on a 10 lot thats $1,016.70. my psychology was thrown off when London session opened and bullish pressure within minutes pushed price to...
USDJPY had a plummet last week to its 61.80% retracement. Using this level as a support base we can see that the next projected target is at least 1,500 pips away. using high enough lots and proper risk management $100,000 is not only achievable but on the horizon.
Here i backtest a bullish move that happened on us30
AU created a higher high at 74777. the first one indicating a new bullish trend. I'm looking for a new higher high above recent prices consolidation ZONE (labeled DAILY LOWER HIGH)
Weekly timeframe pennant apparent. This could set up the whole year. Should we push under the 29555 zone we could see a shift in trend that could last significantly Should we push above the 31260 zone significant buy pressure is awaiting because we’ve already established an area of resistance there. Breaking through it, turning it into support, is what US30 has to...
This is a candlestick pattern called the Engulfing pattern. It bares its name from the fact that the second candle “Engulfs” the first. It is bigger This occurs when price, already in exhaustion, taps into an opposing liquidity zone. Think a trampoline You jump down into it It goes down from that energy And springs you back up with more energy than before My...
ALERT ALERT ALERT ALERT US30 JUST SPIT OUT A DAILY TIMEFRAME HARMONIC PATTERN THIS COULD BE HUGE BUY BUY BUY BUY TAKE PROFIT 32181 STOP LOSS 25690
price did not follow our primary analysis. instead it followed the secondary bear analysis always think in probabilities this indicates that our us30 days of post covid bull reigning markets have come to an end. bears are taking effect again. this is another choice level potential push toward green liquidity line. or a third attempt at that zone above
PRICE HAD AN EXPECTED DRAMATIC BREAK OF OUR HIGHER TIMEFRAME FLAG PATTERN LIKELY DUE TO PRESIDENTIAL UPDATES PRESENT SETUP IS IN PROFIT I AM EYEING THAT 50% BECAUSE IT ALIGNS WITH SOMEBODY ELSES 78.6. A CHOICE LEVEL A POSSIBLE RETEST TO HERE COULD CONTINUEE PRICE IN ITS DOWNWARDS MOMENTUM. IF NOT PRICE HAS LITTLE RESISTANCE AT THE 28142 ZONE WITH POSSIBLE...
US30 has been in a bearish flag pattern fo a while. its at a choice level presently. possible break out toward the upside. Presently waiting for a break and retest above the pattern before the buy or For a break and retest close under the red zone for a sell
We gapped under the red zone with a retest toward the down side. if you got in the sell youre deep in profit. present heading .27685 area likely push towards zone may stop short of it in buy zone 1
HAD A SET UP SMASH TP ON US30. I SEE IT POTENTIALLY DROPPING 2,000 PIPS IN THE NEAR FUTURE AS A TREND WAVE REVERSAL. IT MAY NEED TO IMPULSE TO THE 28166 ZONE BEFORE IT DOES BUT A HUGE DROP IS DEINETLY OVERDUE. GET YOUR STANDARDS READY
AUDUSD Followed probability 2 almost to the T. now i sit back in profit until that huge area of liquidity around the .70494 zone. it could completely reverse into the .67801 zone but i dont see that happening because of the force of bullish weight that just entered. i feel they need to exhaust themselves first
PRICE FOLLOWED PROBABILITY 4. CREATING A BULLISH HARMONIC BEFORE SHOOTING (FROM WICK) 102 PIPS.
Possible bullish harmonic being made around the 0.67801 area. I expect it will reverse once here
NZD USD Ended up following probability 2 meaning that upper resistance is strong. It then bounced off the lowwer support. expect a higher time frame wick/lower timeframe harmonic to appear soon down to my marked entries for buy. if not then it continues to push down past the support turning it into resistance. either way its in a sensitive zone key
Price has entered a consolidation range. Making two gartley like patterns in succession. This is a perfect set up because now you wait for the coil to "SNAP" Either: A breakout in either direction or A fake out in either direction before the true break out
Marked up EURGBP last night and didnt post it but it ended up following one of the probabilities. didnt enter the trade simply cause i had others active otherwise it was a good set up. The yellow is where i last saw the chart im going to try and be accountable from now on and post all my markups. kinda for everyone to see, but mostly for future me's reference.