DXY - 4 HOUR - HIGH & TIGHT FLAG PATTERN BREAKOUTThe DXY has recently been trading in a tight range & has created what is one of the BEST technical setups in the market - the High & Tight Flag Pattern. In this video i'll explain what that pattern is along with 3 ways to potentially trade it.
If you enjoyed the video please do me a favor & hit that like button, also please leave any questions, comments or views below as I do go through & read every one.
Wishing you a great rest of your trading week & until next time
PLAN YOU TRADE, TRADE YOUR PLAN - Akil
AB=CD
GBPJPY - TRIANGLE BREAKOUT We continue our analysis on the GBPJPY with yet another potential bullish breakout pattern occurring on the pair. This is almost an exact replication of the pattern that we looked at this past weekend & we can use our same analysis to help project key profit taking levels.
Hope you guys are having a great trading week. If you have any questions of comments, please leave them below as well as HIT THAT LIKE BUTTON
Akil
S&P500 Index (SPY) Oversold Market & Pullback 📈
SPY is currently approaching a peculiar zone of confluence:
we see a perfect match between a horizontal structure, harmonic pattern and a trend line.
Watch this video and learn what to expect from the index.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
USDCAD - TRADE CLOSED!! Next leg up??OANDA:USDCAD In this video I take a look at the USDCAD trade from yesterday and the profit objectives. Why I took profit and the next entry level.
If you like it give me a thumbs up or add your own thoughts in the comments section below.
I hopr this helps. Enjoy the day. 👍👍
GBPNZD - Bearish Continuation TradeIn this video we're going to take a look at a bearish continuation setup on the $GBPNZD. The idea behind this trade follows my 4-step I.P.D.E. process of Identifying what price has recently done & then using that knowledge to make a prediction of what direction are we likely to continue in next & IF we do continue in that direction THEN where is the next level that we're likely to run into trouble at.
In today's example the I phase was a previous level of structure support that was recently violated along with the reading of the last days candle. The P section used structure recognition, harmonic moves & psychological numbers to dial down on a target location.
I hope you guys enjoy the video, I hope it's informative & most of all i hope that you have a positive week on your trading journey.
If you have any questions, comments or just want to share you idea, please feel free to do so below.
Akil
MISSION ALERT: ROB NAS100🧩💰Hello investors in this analysis i gave a short breakdown of the current uptrend we see on nas100, i am not giving any financial advice.There is a bigger picture of the chart in the link below Im only posting to track my own growth ,please let me know if you agree with what u just watched. If you see different perspective please elaborate your idea so we can brainstorm together! LIKE AND COMMENT AND SHARE IF YOU WANT TO SEE MORE CONTENT LIKE THIS.
AUDUSD offers easy drop + 70 pips (NEW)Hi Traders, thank you for watching my multi-timeframe analysis of this pair.
My trading strategy is based on the simplicity and core of the markets which is Buying and selling.
I'm trying to spot the next steps of the big players by using the Market profile, Volume and COT (commitment of traders)
The way I think about the markets is based on the fact that Market makers (banks, hedge funds)can do their operations only when other side (traders like you and me)
provide them liquidity = We must sell so they can buy and opposite. So I'm looking for the Stop loss zones, fake outs and other confluences to enter the markets.
My battlefield is defined by the channels on the higher timeframes, I mostly play on the upper bands and middle bands in the directions of the COT .'
I'm swing trading not intraday trading, so my ideas always takes a time and patience to play out and most important is to do the good risk management, se we can stay emotionless in a trades.
Don't hesitate to comment with any questions and if you learning something support this idea with like or share it in other trading forums.
Wish you good hunt !!
Dave FX Hunter
Previous analysis:
EURUSD Initial Targets Hit Potential Counter Trend ABCD PatternFX:EURUSD
Link to Related Idea Below...
Price Low EURUSD: $1.16514 Tested and Held at $1.1652 Locally!
As of the moment of publishing EURUSD Price: $1.1673
I break down the target prices for WXY & ABCD Patterns:
ABCD(revised) 1.618 Extension Target = $1.16507 (EURUSD Low=1.16514) Fractional miss; Target Considered Hit !
WXY "Y" 100% Extension = $1.16426 (Front Run?)
abc of ("X:Y") 138.2% Extension = $1.16462 (Front Run?)
AB-CD Counter Trend Potential Targets:
38.2% Retracement = $1.17889
50% Retracement = $1.18314
UPDATE - DONE BITCOIN TGT: 9700 trade using structure analysisMy attempt to use and understand structure analysis and market harmony with simple ABCD pattern worked.
Trade closed successfully.
During the trade I made entry at 38%, 50% retracement of AB line.
However price made a deeper correction to 87%.
Initially I drew my CD line from 50% retracement which gave target of 9700.
But later adjusted it match the 87%, which reduced the target to 9630 range.
I also tried to use GANN FAN to predict time.
The FAN drawn on AB line gave target time around 10:30 AM IST today.
But due to deeper correction it came below the 1/8 line. Eventually it met the target using the 8/1 line as base, instead of 4/1 line.
I will repeat more trades and try to see how the simple AB-CD works for me.