First thing I did was identify the trend. The market is clearly locally in a downtrend, so I was looking for a short today. The next step was to wait for New York's Initial Balance (NY IB) to form. (The NY IB is the high and low of the first hour of NYs open.) Once the IB is formed we wait to see how price interacts with it in order to make an educated...
I posted earlier a confirmed bullish breakout on a daily on EURJPY. We see a strong intraday bullish confirmation now. The price formed a horizontal range on a 4h time frame, the resistance of the range was broken with a strong bullish candle. Growth may continue on the pair. Goal: 163.4 ❤️Please, support my work with like, thank you!❤️
USDJPY nicely respected a recently broken horizontal resistance. After its test, the price formed a double bottom formation and violated a resistance line of a bullish flag pattern on an hourly time frame then. We may expect a further bullish continuation next week. Goals: 150.687 / 150.864 ❤️Please, support my work with like, thank you!❤️
USDCHF formed a cup & handle formation on a daily. Its neckline was broken this week and we can expect a movement higher now. Next resistance - 0.88 ❤️Please, support my work with like, thank you!❤️
We see a massive bearish breakout on USDCAD on a daily. The price broke and closed below 1.3365 - 1.3400 huge demand area. The broken structure turned into a resistance. We may anticipate a bearish continuation to 1.327 / 1.316 ❤️Please, support my work with like, thank you!❤️
Because of the coming holidays, you are probably wondering should you trade in December at all and if yes, when should you stop and resume your trading. In this article, I will share with you how I trade in December. First, let me briefly explain to you how holidays, especially Christmas and New Year, affect the financial markets. In many countries, ...
Hi friends, the dollar index (DXY) and EURUSD are pulling back and into areas where we want to look for more trading opportunities. Since tomorrow is Friday, tomorrow's candlestick closure could be very telling about the price direction. This video shares my thoughts on the price movement on the indicie and currency pair. If you found this helpful please like...
R3 LRS 2013-2018 R2 MRS 2003-2008 R1 HRS 1993-98 S1 HRB 1978-83 S2 MRB 1968-73 S3 LRB 1958-63 These are the Supports and Resistances for the Intraday based on H1 Fibo levels combined with larger time frames SNRs. FOR DETAILS ON HOW TO AND WHERE TO TAKE AN ENTRY. PLEASE VISIT MY PROFILE TO GET THE VIDEO LINK FOR FREE
R3 LRS 2013-2018 R2 MRS 2003-2008 R1 HRS 1988-93 S1 HRB 1978-83 S2 MRB 1968-73 S3 LRB 1958-63 These are the Supports and Resistances for the Intraday based on H1 Fibo levels combined with larger time frames SNRs. FOR DETAILS ON HOW TO AND WHERE TO TAKE AN ENTRY. PLEASE VISIT MY PROFILE TO GET THE VIDEO LINK FOR FREE
R3 LRS 2018-2023 R2 MRS 2003-2008 R1 HRS 1988-93 S1 HRB 1978-83 S2 MRB 1968-73 S3 LRB 1958-63 These are the Supports and Resistances for the Intraday based on H1 Fibo levels combined with larger time frames SNRs. FOR DETAILS ON HOW TO AND WHERE TO TAKE AN ENTRY. PLEASE VISIT MY PROFILE TO GET THE VIDEO LINK FOR FREE
Nasdaq pushed up pass July's highest price last week. We want to keep an eye on it this week to see if there will be more buys to push price higher. The only thing that can invalidate this setup is if the inside bar's or past sellers attempt to push the market down fails. What do you think will happen next? Will the buyers keep price going or will the sellers...
R3 LRS 2018-23 R2 MRS 2003-08 R1 HRS 1988-93 S1 HRB 1978-83 S2 MRB 1968-73 S3 LRB 1953-58 These are the Supports and Resistances for the Intraday based on H1 Fibo levels combined with larger time frames SNRs. FOR DETAILS ON HOW TO AND WHERE TO TAKE AN ENTRY. PLEASE VISIT MY PROFILE TO GET THE VIDEO LINK FOR FREE
GBPUSD is presenting a nice move back up to the upside as long as it can stay above the last low. Now of course you may see things differently and thats perfectly fine because price is definitely bearish overall. Let me know what would you do. In case you're wondering what I'd do, watch the video and let me know your thoughts after watching it. Be sure to...
Dear Ziilllaatraders, We are now placing a buy, because of the big decreas in in gold value. We think OANDA:XAUUSD has been oversold over the speculation of a rate hike. We are down-trending but in this scenario we will place a BUY. Feel free to ask any questions and leave a like. Stay healthy and wealthy. Greetings, Ziilllaatrades
over of 80% market is TR so we have to know how to trade it. sign of TR shadows, tails, overlap, confusing weak legs Multiple Returns when TR start? after BO a trend line now how we can trade this monster? you have to put your orders after a top or bottom. because hunting is normal in this area. now let's go on chart!!!
I am unable to past my full analysis here, I do not know why? even camera of TV is also not working. Can not put any details as I do. Just wait for sell at 1947 or buy at 1908, Only one sell high risk is at 1930. Good Luck
R3 LRS 1944 - R2 MRS 1938 - R1 HRS 1932 S1 HRB 1933 - S2 MRB 1927 (SMC Demand Area) - S3 LRB 1921 (Sma200) SELL> 1938 – 1944 – 1950 BUY> 1914 -- 1921 – 1927 FOLLOW UP D1 On support Sma44/1926 Sma200/1925 W1 On support Sma44 / 1915 MN 38.2% / 1903 Macro Fibo at strong Support OBSERVATIONS: Bull flag in D1 TF forming provided the long wick on head is awaited to...
Understanding the Descending Channel Pattern: The descending channel pattern is a price pattern that forms on a chart over an extended period. It consists of two parallel trendlines: an upper trendline that connects the lower highs and a lower trendline that connects the lower lows. These trendlines create a descending channel that slopes downward. Key...