it break the up channel and it could follow the arrows to the support zone ... follow for daily signals
In this technical analysis I will walk you through the most important horizontal zones on EUR/USD at the moment that have given us great profits so far. If you recall, the first trade using smaller horizontal zones resulted in a beautiful short as displayed in this idea In combination with the weekday weekend effect, the price reversed beautifully. We are also...
November 3rd 2020 USA Presidential Election (S&P 500 Incumbent Winner Indication) Alright, it's time for the showdown! It's finally November 3rd 2020 and we find out more tonight! Will the S&P 500 close over 3288.3 points today? If it does, it should be expected that Trump is the winner of the 2020 USA presidential election, but if we sink below 3288.3 then...
In this idea on GBP/USD we find confluence of two major chart patterns. A supporting trend line and a horizontal support zone. In trading, the presence of confluence refers to a circumstance where multiple technical analysis factors collectively form the same indication. Since multiple factors are combined, confluence has the potential to greatly increase the...
In this idea I explain how to leverage the S/R flip principle to find support in an area where previously resistance was found. I then use this level to suggest a long trade set-up towards the resistance trendline.
All info can be found on the chart. DMs are open!
If this is the retracement before the crash right after the election that would be mint, see what the week brings!
11 minutes ago So, Feds have, yet again, cut, 45 minutes before closing bell. Expect a rally to resistance 3450ish, then a drop back to support and maybe beyond. There are some major contribution to this! for starters, if you look at the day clock it has already consolidated and went into expansion! Now we await the major move! Another Huge contribution is the...
S&P 500 Volatility Index (VIX) (October 26th through December 2nd 2020) Just making an update to a previous VIX forecast that I see going outside my last expected ranges, I felt it necessary when checking on SPX trends, especially with yesterday's start to a drop in E-mini futures. See below for previous guesses: Thanks for tuning in :) Disclaimer, I am not...
S&P 500 Index (SPX) (October 26th through November 9th 2020) Low: 3362.9 points High: 3455 points How E-mini futures market started off yesterday: My previous SPX forecast: My adjustments today are more to correct the trajectory and duration I was originally expecting. Will be interesting to see how this spooky week turns out. Time for temporary...
Hi everyone, let's review some fascinating price behavior here on EUR/USD based on the weekly seasonality. Funnily enough, I spotted this behavior last week and already provided a chart with a similar idea. I kept mentioning how the price trend reversed over the weekend and suggest a trade that went along with the trend anyway. My own chart got used against me...
In the end, what matters most in trading is risk reward ratio and win percentage. We can see here on USD/JPY some great indicators of a bearish price continuation. However, in itself that is not enough. I suggest to maximize the risk reward ratio by waiting for the price to be closer to the top resistance line before entering with a trade. This will allow you to...
Look for times to accumulate on lower timeframe, as the big picture is continued uptrend.
All info can be found on the chart. Feel free to DM me if you have any question!
All info can be found on the chart. DMs are open!
Trading is all about buying low and selling high. Here on this USD/JPY technical analysis I will explain what you need to take into account if you want to enter a trade. First of all, I want to highlight the previous idea that was incredibly successful on USD/JPY using these same principles: In this idea it is important to note that the price is not near any...
Hi everyone, let's review some fascinating price behavior here on EUR/USD based on the weekly seasonality. Every major shift in price trend has start exactly coming out after the weekend. We don't just observe a sudden spike on the first hours after the weekend, which would make it very difficult to monetize this behavior. No, we see a constant and slow price...
USDJPY in quite a critical area.. I am bias short Share your thoughts in the comments below Like and follow for more content Good Luck