GonzeeTrading

GonzeeTrading

HTF - Market is in an ascending channel and price just recently hit the bottom of it. LTF - Price formed a descending channel and broke to the upside, I'm expecting further bullish momentum if price make a continuation correction pattern and BO from it.

GonzeeTrading

HTF - Market has been in a descending channel all December and hit the bottom of the Daily bottom trendline multiple times, indicating that there are no more orders further down. LTF - Market has recently made a double bottom and moved impulsively from it, in order to make a trade here I would need a continuation correction pattern before getting in.

GonzeeTrading

HTF - Market is in an ascending channel and has recently moved from the December correction impulsively to the upside, and it has now formed a reversed head and shoulders. LTF - Price is in a correction continuation wedge pattern and if the market breaks to the upside, further bullish momentum should be expected.

GonzeeTrading

HTF - Structures received a false BO and formed a double top pattern and moved impulsively to the downside. LTF - Market currently stuck in a correction continuation pattern, further bearish momentum expected, however, it is reaching the bottom of the HTF ascending channel, so further precautions should be taken if price impulsively moves up.

GonzeeTrading

Daily - Price is stuck in a descending channel, and almost hitting the top of the channel. -> indicating possible reversal if moved impulsively to the downside. 4H - Price is in an ascending channel and on the LTF forming a descending channel indicating reversal if the LTF channel broken higher. 1H - Wait for the break and continuation pattern must proceed, and...

GonzeeTrading

HTF - Price has been stuck in a descending channel since June of 2021 in the 4-hour TF. LTF - Price has recently broken HTF structure but formed a weird head and shoulders pattern in an ascending channel, which indicates reversal, + price has moved impulsively inside the HTF structure adding confluences to momentum reversal. Now the only thing we need to wait...

GonzeeTrading

HTF - Market has been in a descending channel since around April of 2021. LTF - Now in the LTF it has broken the HTF structure but it is not continuing its course as it was supposed to, however, it is forming another descending channel which is a reversal pattern... With that said, we might get an impulsive move up and what we should expect next would be a...

GonzeeTrading

HTF - price moving bullishly through an ascending channel, which just false break through the bottom and re-entered the structure. LTF - Market is forming a descending channel, informing us that the HTF bullish momentum is still in the markets, and we can obtain further upside of the price, now price just hit the bottom of the descending channel with a "V...

GonzeeTrading

HTF - With a bullish bias and forming an expansion channel indicating further momentum to the upside. LTF - Price formed a Double bottom (W formation), at the bottom of the expanding channel and hitting a level of support, possible further bullish momentum to be expected, as long as we get a continuation correction pattern with a break of it, in order to get a...

GonzeeTrading

HTF - Market has been stuck in a descending channel since Feb of 2021, almost a year, and just recently broke to the downside, however, I think that market might come back into the pattern for some bullish action. LTF - The market will possibly reverse because the price is stuck just under the HTF descending channel which is a reversal pattern, in another D....

GonzeeTrading

HTF - Market to continue its momentum to the downside, however, it seems that a change of hands happened in the markets when the continuation correction pattern was broke aggressively to the upside, which now changes the bias of the bears. LTF - Price broke strongly to the upside and currently is forming an expanding channel, which for me is indicating further...

GonzeeTrading

HTF - Bearish impulsive move down, followed by a correction ascending channel. LTF - Price has moved impulsively down twice, but now is forming an expanding triangle, and currently, in a descending wedge, I expect further bearish momentum, however, there's the HTF ascending channel barrier that needs to be broken followed by a continuation correction pattern,...

GonzeeTrading

HTF - Price has been on an HTF descending channel since May of 2021, and recently broke structure, indicating that can be further upside momentum. LTF - Price now is out of the structure and forming a continuation correction pattern on the 1Hr TF, a high probability that the market will continue its momentum.

GonzeeTrading

HTF descending channel 4Hr TF - Descending channel, touching the bottom of the HTF channel and price moving towards the top of the 4Hr TF pattern, probability of the price to break up high. With the idea to get into the trade after the LTF continuation pattern break

GonzeeTrading

Daily TF with Bearish Bias. 4Hr TF - Ascending channel being formed and another descending channel formed inside, the price hit the bottom of ascending channel and reacted impulsively and forming a double bottom, waiting for the break of the channel and LTF correction for bullish momentum. Remember, counter-trade setups are very risky since most of the momentum...

GonzeeTrading

HTF - bullish bias. 4Hr TF - formed a descending kind of wedge and price hit the bottom of HTF trendline and move impulsively up, now we only need a break of the descending channel followed by a LTF continuation pattern, expecting further bullish momentum after that.

GonzeeTrading

HTF - Bullish bias 4Hr TF forming a descending channel, with price recently forming a double bottom, at the break of the descending channel look for continuation correction pattern for further bullish momentum after the break on a LTF.

GonzeeTrading

Daily TF price just hit the bottom of a descending channel, waiting for an impulsive up showing bullish momentum. 4Hr TF - Consolidation is being formed where the price is ranging between support and resistance. Waiting for consolidation to be broken with bullish momentum and waiting for a LTF continuation correction in order to into the next impulsive move.