Hello traders: Here on ERUAUD, price is not forming possible continuation price action, that could lead to more bearish downside move. From the top, we can see price had a sharp bearish impulse down from previous correction. Naturally, price will have to correct and consolidate for the next impulse phase. WE can see the latest development has a possible...
Hello traders: Looking at EURCAD's overall price action, there could be more opportunity for upside. From the higher time frame, we can see price has hit a previous swing lows, and started to slow down and consolidate. This could lead to a potential double bottoms for upside reversal. On the mid time frame, we can see a clear descending structure correcting...
Price action analysis & forecast on trade opportunities for the week ahead. 1. Current Position running 2. My Watch List 3. Pairs you are looking 4. Q and A
Hi traders: SOL has been in a consolation since last year in November, and price has not form into a possible structure that could give us a buy opportunity in near future. We can see from the previous higher time frame impulse move, price pushed up aggressively, and has now formed into a descending structure. With a few swing highs and lows, price has slow...
Hi traders: Also eyeing MATIC for the bullish long term opportunity. From the higher time frame, we can see the strong bullish impulse phase from the previous continuation correction. Price begin to form into another consolidation for possible another up move. On the lower time frame, we can see a few good bullish price action. Double bottoms, bottom of...
Hi everyone: Ether is also developing nice bullish price action on the higher time frame, and if the lower time frame develop bullish reversal price action, this can start off the next bull run. After the initial bullish impulse up move, price naturally falls into a consolidation/correction. With a few swing highs and lows, price has created a larger, higher...
Hello traders: Also on watch for the week ahead is DOT. Majority of the bigger cap coins are developing similar across the market. Here on DOT, we can see the higher time frame has formed into a nice expanding structure, correcting for the previous impulse move. The latest development has shown price hit the previous lows, potential double bottoms. Last...
Hello everyone: Here on Bitcoin, from my previous outlook and forecast, price indeed made that bearish move down to the lows which was expected. Price pushed to the bottom of the previous lows, since it needs to develop a bigger continuation correctional structure for the higher time frame next impulsive move. We can see now price has indeed hit the lows, and...
Hi traders: Also keeping an eye on NZDCHF bullish price action development. We can see from the higher time frame, price has a strong bullish impulse phase up, and falls into a larger, continuation flag structure. Within the larger structure, there are many corrections that moves up and down to form into this current large structure that the price is...
Hello everyone: Similar like NZDUSD, we can see here on NZDCAD has very similar bullish reversal price action on the higher time frame. Price is currently in the large, descending structure, correcting the price down. With multiple swing highs and lows, we can tell this is the correctional phase of the market condition. Latest development give us a lower...
Hi everyone: AUDCHF has good bullish price action that can lead to another buying opportunity. WE can see from the initial impulse phase that leads into a continuation correction. From the continuation correction there is a confirmed impulse up, out of the correction. Good signs of more bullish momentum. Now that we can see price has also formed a lower...
Hello traders: Here on NZDUSD, price is once again at the bottom of structure, and forming possible reversal price action. From the higher time frame, we can see strong bullish impulse up to reverse the COVID sell off, and price begin to form into the flag/descending channel structure. On the lower time frame we are seeing the correction continue to develop,...
Hello everyone: AUDUSD has started to form some bullish price action on the lower time frame, and we could potentially see some upside move very soon. Start from the higher time frame, after the COVID sell off, we see a strong bullish impulse up move form the price. Naturally price will need to correct to continue, so we see a larger, flag/descending...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between May 15th- May 20th. NZDUSD: Closed down for +0.51% profit Full analysis/forecast: NZDJPY: Out for BE Full analysis/forecast: GBPJPY: Out for -1% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me...
Hello traders: AUDJPY is showing more downside possibility, and we can certainly expect more JPY pairs to gain strength. From the higher time frame, price formed double tops, H and S pattern and strong bearish reversal down. On the lower time frame, price start to develop more bearish price action, with impulses follow by corrections downward. Good signs...
Hi traders: EURJPY has also developed nice bearish price action from higher and lower time frames. Start from the HTF, we can see a nice clean double tops, and price failed to continue higher after hitting the previous highs. Instead, we see a H and S reversal structure, and on the lower time frame, strong bearish impulse broke below the lows. Latest...
Hello traders: Lately there are more and more newcomers in my community, and some are not quite familiar with risk management, especially when it comes to calculating R:R based on 1% of your account size. Risking 1%, simply means risking 1% of your total account size. For example, $1000 account size, is $10 per risk at 1% of trading account $100,000 account...
Price action analysis & forecast on trade opportunities for the week ahead. 1. Current Position running 2. My Watch List 3. Pairs you are looking 4. Q and A