Possible Golden TK Cross on daily timeframe may send this pair flying. My entry point was a bit risky due to the bearish cross on the daily but this pair found some good support off the weekly level (touched TK on the weekly and bounced right up). Given that, I found a good entry point on the 4hr timeframe that allowed me to have great RR ratio. The momentum of...
I am completely bullish on this pair as it just completed a Bullish TK Cross in bullish territory. This coincides with a breakout on the weekly level. Price is looking to target monthly resistance at .69338. This might be a long term swing depending on how price reacts in the following weeks. Given the breakout, this might complete a bullish cross on the monthly...
DXY is inside an uptrending channel. Price is attempting a breakout at the 1hr level. With tenken sen pointing downwards and kijun sen facing upwards, I expect price to go back up and attempt a breakout to the upside and meet kijun sen at the 1hr level. If this were to happen, it represents a reflection point on the channel and DXY could attempt to make a higher...
ETHUSD looks ready for nice push to the bottom, possibly being the last big dump before cryptos start recovering. On the daily timeframe, price seems to be stuck in this downtrending channel. Linear regression suggests that price is going to fall downwards to at least the previous low of the 12th of September. Down-Top analysis starting with the 1hr shows price...
Quick scalp trade on XAGUSD. Possible reflection point on the daily timeframe with silver having a steady and slow climb. Hoping to get in on a kijun sen bounce on the daily which coincides with price being unable to break the 4h kumo cloud to the downside. If price is rejected with enough momentum then this trade could be a nice hold if price creates a kumo cloud...
Daily support trendline drawn underneath, I am looking for a bounce off of this trendline and for the GBP to turn bullish. This pair has already attempted a bullish TK cross on the 3rd of Sept with price finally breaking the cloud on the 17th and reaching a high on the 20th. I am looking for price to bounce from the trendline and attempt another cloud breakout,...
This is an active trade i have going on. I think that this pair may push up to higher highs pretty soon as long as price pushes out of this triangle shape that it seems to be respecting. The reason why I am expecting this pair to push up is because this pair has had a TK bullish cross on the 1hr level as well as the 4hr level. My entry was at 6.0639, three periods...
Looking for a trend line bounce on this pair. Accumulation taking place around the 1.802 - 1.805 level. Entry placed at 1.804 with a stop loss at 1.7995. Price is far from both TK -2.41% and KS on the 1hr level and I want this pair to rise up to both of these levels around the 1.809. If price rises to this level, the 4hr outlook on this pair should see this pair...
Looking for a trend line bounce on this pair. Accumulation taking place around the 1.802 - 1.805 level. Entry placed at 1.804 with a stop loss at 1.7995. Price is far from both TK and KS on the 1hr level and I want this pair to rise up to both of these levels around the 1.809. If price rises to this level, the 4hr outlook on this pair should see this pair use the...
Found this setup on the 1H time frame right before drop happened. I saw this nice descending quadruple top shape forming with a firm bottom respect of the .72582 level. Price was also respecting an ascending trend line drawn on the 30 min time frame. The convergence in price led me to believe that this setup was a potential low risk/high reward if the .72582 level...
Low Risk scalp trade I took last night before bed. Caught around 40 pips on this move. With this trade I was looking for a Tenken Sen bounce off of support and for price to meet Kijun Sen on the Daily time frame. Analysis: Price was respecting support trend line drawn underneath on the 1H time frame. 4h time frame showed price had dipped into the cloud but was...