HTF we're in a descending channel where as the market is approaching an area of value previous lows where it might print out double bottom. Zoom in to 4H we're in continuation correction/bear flag so we must let the market push up a bit just to clear out all the previous highs in the correction and sell off. TRADING PLAN IS YOUR TRADING NAVIGATION
The power of patterns, market leave clues or we say history tends to repeat itself HTF market is dropping in a descending channel to an area of value where it might print out double bottom. Zoom in to 4H we're in a continuation correction/bear flag but before it starts dropping let the market push a bit up and clear out all the previous highs in the correction and...
If you're a good reader and observer you'll conquer in this game just to read the message that the market is sending you. Imagine someone who's looking for a treasure that has been hidden thousands years ago s/he must go through all sorts of stuff like puzzles, maps, links and so forth but only a good reader and observer will get the location of where exactly is...
Am not gonna write about analysis but something to open up our mind like teach yourself to see and think in long term, history tends to repeat itself, market leave clues/prints, learn to read the message that the market is sending you. I believe in patterns cause they've been there since day 1 THE POWER OF PATTERNS. TRADING PLAN IS YOUR TRADING NAVIGATION
TOP TO DOWN analysis 1W clean W pattern/double bottom formed, 1D market is printing out clean Inverse H&S where as currently we're in continuation correction/bull flag or RS. If we zoom in to 4h we've falling wedge + W pattern/double bottom followed by a LTF continuation correction/bull flag to confirm buy opportunities. TRADING PLAN IS YOUR TRADING NAVIGATION.
HTF descending channel reach an area of value and reverse also print out LTF continuation correction/bull flag. TRADING PLAN IS YOUR TRADING NAVIGATION.
HTF we've descending channel + double bottom for reversal. If we zoom in to LTF we see continuation pattern bull flag + extended w pattern or double bottom to push market up. TRADING PLAN IS YOUR TRADING NAVIGATION
HTF currently we're in a corrective move where as I can say its a print out of a RS because we're printing out a clean Inverse H&S. HTF we also have impulse followed by a continuation correction/bull flag. If zoom in to LTF we've clean sell continuation correction to complete HTF correction. TRADING PLAN IS YOUR TRADING NAVIGATION.
Lets all try to read carefully the messages that the market sent us. Now its printing out the same pattern like the previous one it won't be exactly bar to bar but the structure itself is telling us something or what the market is gonna do. TRADING PLAN IS YOUR TRADING NAVIGATION
1D we're in a corrective move where traders are advised to relax and watch how market is gonna play. So lets see how many pieces of evidence we've now to support our trades 1st impulse down + impulse up followed by a continuation correction/bull flag not enough to execute a trade. TRADING PLAN IS YOUR TRADING NAVIGATION
1W we've a falling wedge with 3 bottom touches now. Inside the wedge we've clean and pure price action they say HISTORY TENDS TO REPEAT ITSELF yes we've patterns that we've seen repeating for years and years. Currently market is printing out a pattern/move that it once does giving us a right direction of where it is heading next. TRADING PLAN IS YOUR TRADING NAVIGATION
More pieces of evidence to support your trade now we got H&S pattern on top of rising wedge and double top. TRADING PLAN IS YOUR TRADING NAVIGATION
Get more pieces of evidence to support your trade don't just jump in without better confirmation better late and be right than be early and be wrong. TRADING PLAN IS YOUR TRADING NAVIGATION
HTF we're in a corrective that might be a continuation correction for sell. If zoom out to 4H we've a rising wedge/channel resulting in bull trap to an area of value also a psychological level now we need impulse down followed by LTF continuation correction to confirm our sell entries. TRADING PLAN IS YOUR TRADING NAVIGATION.
Make sure you get more pieces of evidence to support your trade. Ascending channel to an area of value resulting in extended M pattern/double top. Lets wait for more confirmation like impulse down followed by LTF continuation correction/bear flag to confirm our sell entries. TRADING PLAN IS YOUR TRADING NAVIGATION.
Market has sent us a very good message it breaks all the previous highs just to wipe up early sell orders but now its printing out what I'm looking for rising wedge to an area of value resulting in extended M pattern/double top now its dropping impulsively we need to wait for LTF continuation correction to confirm our sell entries. TRADING PLAN IS YOUR TRADING NAVIGATION
Still investigating my DXY case but very soon will know the truth. 4H we're in a corrective move but as we can see its a continuation correction/bull flag so I use Fibonacci to see where we can have a 50% retracement/correction so I mark my POI. TRADING PLAN IS YOUR TRADING NAVIGATION.
Tracking down DXY now its showing us BUY prints. We've clean descending channel to an area of value resulting in double bottom and remember its also a crucial area on HTF. TRADING PLAN IS YOUR TRADING NAVIGATION.