The EURHUF ha broken above the target fibo 61.8 and the last clear weekly breakdown, so the buyers are in control, and the long term target of the target fibo 138.2 becomes valid. The idea is valid until the weekly structure is broken which give a quite attractive RR.
Dear Trader Friends, Today I'm looking @ S&P500 short at the US open and Crude Oil long after the countertrend break on H4/H1. More details in the video. Let me know what's in your head! Enjoy riding the waves! Zen
Dear trader Friends, I quick analysis on the markets I trade, these times are not the best for a day trader, but we may find some opportunities in minor trends or countertrends. European stock indices are in accumulation phase, US stock indices in start of correction. Gold is minor long trend, looking for short opportunities in the Daily countertrend. Crude...
Dear Trader Friends, The gold is in a daily short countertrend @ the break of the minor long trend, so we have the H4 start of impulse as a validity zone. As long as the market trades below this zone, any minor long countertrend break is an opportunity to go short in Gold. Happy Trading, Zen
Dear Trader Friends, The DAX is in a minor long trend, just passing the previous H4 zone, heading towards the Daily breakdown. Not the best opportunity (correction of the correction), but there is a chance that the market will make it. What do you think? Best, Zen
Dear Traders, I said everything I wanted in the video, but let me summarize the key points. Monthly trend: LONG W-D trend: SHORT countertrend, accumulation phase H4-H1 trend: LONG So the minor long trend is valid, the target is the Daily breakdown. Enjoy riding the waves! ZenScape Trading
Check out my analysis on the main FX pair. Waiting for your comments and maybe funda analysis.
A countertrend on H1 was broken by a nice trigger candle that is visible on H4 as well, near the all-time high. At the moment, this long impulse's correction on H1 is valid, but if it breaks before the H4 TREND and the Daily TREND is broken, we can witness a very nice move towards the target zone.
The market is back in long mode on H4. It still has to close above the Daily TREND on the Daily, but if it does, chances are high that the waves will build the long impulse all the way to the target zones. The ideas is valid until H4 closes below H4 TREND, or the Daily cannot close above the Daily TREND.
Sellers pulled the price back into the neutral zone, and the Daily sitll couldn't close above the Daily IMP. This rejection makes us cautios about the further long postitions, but until the H4 IMP holds, the TARGET remains valid. Long only above the Daily IMP.
The market has reached the last H4 South Breakout that hasn't beent tested, and went into correction. Below the H4 IMP, preferably with a wave change, swing trades can be opened, but the market may speed up below the SHORT TRIGGER, and then the primary trend's 38.2 correction fibo level becomes target.
The market dropped below the recent H4 low, signaling a continuation of the short trend. Until close on H4 is below H4 IMP, the Weekly and the Daily support zones act as target zones. Positions should be managed at the Weekly zone.
There was a false breakout that ended in a penetration in the SHORT FROM zone that was the H4 start of long impulse and the North breakout. A correction from this short impulse and a new low is needed for confirmation, but as long as the H4 IMP stands, and the long countertrend on H4 breaks, target zones become valid.
The market has broken the countertrend and the last H4 South Breakout (LONG TRIGGER), so the target zone marked is valid until the H4 IMP stands.
Breaking the countertrend, the market is in expansion phase, targeting the Weekly target fibo 123.6 The Daily trend is also long here, so the push may be faster than the other US indices.
H4 closed significantly above the Daily high, so until H4 IMP stands, the market is in long impulse.
The market has printed a Marubozu on H4 breaking the countertrend and above the Daily high and the H4 South Breakout (LONG FROM). Target zone is marked, idea is valid until the price is above the H4 IMP on H4.
If buyers take the LONG FROM level on H1 today, the market may speed up. The Daily should close above the Daily IMP in order to see rise in the coming days.