jeanneymar011001
aim for 0.786 fib beginning of the second : 1 chart per day challenge
could be the time to focus on short dollar for some months
bullish div and butterfly pattern price fall sharply to the 0.618 in daily timeframe and it's now showing trend reversal sign
like you can see there is similarities with the drop we saw at the end of 2018. price broke the trendline and pulback to it , where there is a strong resistance(like it does in the end of 2018). It stayed below EMA 200 and EMAS seems to want to cross -> trend still bearish even with that dead cat bounce
Hi pros! there is a confluence of resistance which where rejected by the price CR is composed of: -up trendline -down trendline -horizontal resistance -0.618 fibonacci There is a very high probablity for price to fall again and possibly continue the downtrend Let's short this market aiming for a lower low
bullish bat there is a bearish pinbar and weekly close below 1.618 + bearish div on stochastic
Hi pros last fight area bears win and rekt all the buyers price break the last Lower low possible beginning of a wave down
strong bullish signals on a strong support this rise can be a pull back before falling down or continue to go up after falling sharply , I think price need to change the trend momentarily
There is two trendline resistance + 0.618 fib + strong structure. this can be an other optimal point entry to short GBPUSD because of high risk reward ratio and high probability
Plan A : continue to rise because there is an accumulation of strong support composed of (1.618 fib and a 2.618 fib) and economy is strong with technological value -> 70% probability because the trend is up Plan B : things can go really bad, it breaks the strong support and begin to fall sharply (beginning of a recession) -30% probability because it's hard to...
it seems price will go higher wait for safer entry before entering (smaller time frame or wait for this 4H candle to close above trendline)
Based on fib, classical resistance and trendline. the resistance look strong and could lead to a down wave /!\ look for confirmation before entering /!\ /!\ always respect money management
Hi pros! On the technical analysis side we got some lower highs and now it forms the first lower low (that could mean a trend reversal). price was contracting so I expect this move to be really strong (contraction , expansion). We also got a confluence of resistance based on two trendlines and the 0.5-0.618 fib The price rose very fast at a speed we don't seen...
price gaped up after price formed a bullish butterfly
Find a short entry on smaller time frame and let's ride this possible wave down. As long as we stay below this resistance , trend is down. The C point is also the 0.618 so that will be a nice buy entry area
Hi pros! today we will make the balance sheet of all the lessons we got through the 1000$ to 20K challenge. This is important because I think they already said to you : "trading is 90% psychology and 10% Technical analysis" , indeed it is. Because a trader with the best technical analysis but poor trading psychology and mechanism will got very low performance or...
Hi pros! trend continuation trade based on simple chart patterns I'm making a little exception on this one because as you can see i already have a position with less than 1:2 RR (I prefer to add to a trade when I got more than 1:2) We will see what happened, by the way i'm pretty sure about this one but we are in trading everything is possible. got some rainy...
aiming to the blue prz to form a bullish bat. The bullish bat can be weak because for me bears are in control (they broke the support last week) Maybe a small SL hunt before another down wave