As we can see, I told you guys that until it breaks the yellow line, retest I was not going to go for sells. See the market the market beautifully gave a fake out and bounced back into support with a bullish engulfing candle and walla it's on its way up. Any ways I break of the counter trendline, feel free to take a buy if you're an aggressive trader be if...
If this truly is a head and shoulder, that will also confirm bias on the spx500, usoil (Fundamentally speaking). But the best thing to do is to be patient and wait as the market only rewards the patient. VHT YOUR MENTOR SIGNING OUT
Still bullish cause its on major support even though its seems to have broken the trendline. But I would wait and be patient to see if I would get any buy opportunities or else be patient till it fully breaks the major support to become resistance. VHT YOUR MENTOR SIGNING OUT ✌️
We are still bullish on the us oil. Just waiting for confirmation of entries before going in. VHT YOUR MENTOR SIGNING OUT ✌️
This is the only market that seems to have give us a clear signal that it is a trend reversal so. But my entries will solely be based on a clear break of the minor resistance or wait for a minor pullback before getting into the trade. VHT YOUR MENTOR SIGNING OUT ✌️
As we all can see GBPUSD is still trading below the trendline still signifying that it might not yet be a trend reversal. So technically we will still wait to see if the market will give us a bearish confirmation signal or it would break the trendline. VHT YOUR MENTOR SIGNING OUT ✌️
As we can all see its still on/at the neckline which is still telling us that it is not yet a trend reversal so before the end of the week the market should give us a clear direction as to whether its a trend reversal or not. VHT YOUR MENTOR SIGNING OUT ✌️
Technically BTCUSD is still bearish it is under major resistance which could be forming potentially a head and shoulder pattern so since it is approaching major resistance, we should be careful looking for more buys. As potentially it still looks like a sell. VHT YOUR MENTOR SIGNING OUT ✌️
Potentially, we are looking at more upside for us usoil but we cannot rule out anything so we are waiting for it to give us a bullish engulfing bar to take the buy to the top
The dollar index seems to be giving us a head and shoulder pattern but as we all know it is an head and shoulder pattern if it breaks the neck line and gives a retest so guys we are gonna be sat on our hands. VHT YOUR MENTOR SIGNING OUT ✌️
Under resistance, below trendline. More down side potentially. We will be patient guys. VHT YOUR MENTOR SIGNING OUT ✌️
As we can see guys it's below the the trendline so we are expecting more down side guys. By Monday we will know what's happening. VHT YOUR MENTOR SIGNING OUT ✌️💫
Break of the yellow bar we going to take a buy. guys more pips to be made. VHT YOUR MENTOR SIGNING OUT
we are expecting the market to continue with its current market trends feel free to enter now as the market is falling heavily
I remember calling the euro long unless we saw a break out, retest then we would get in. now it has happened now guys. TP1 hit let's be patient and see how things keep playing out. VHT your mentor signing out ✌️ you
On the daily time frame, it is in a range but on the four hrs it seems to be forming an inverse head and shoulder so what do we do we are gonna be sat on our hands ✋️ and not taking trades impulsively or allowing the market play with our psychology to get into any trade, the market has to break the range either to the upside or the downside then we execute a trade...
we're still under the minor resistance so there is a potential drop to the down side so let's just give it till the end of this week the market will probably by then know what to do with its life. VHT your mentor signing out
Still very bullish on EURUSD too except we see a clear break on the trendline then we can short it but for now we will be patient and let the market do what it wants to do VHT your mentor signing out