I'm Bullish on Ethereum all the way. Now yesterday I made a call and so far we're still in profit from that call. However, there was a drop in the middle of the night (London session) That made me take a step back and look at it from another perspective. One thing I do is I usually don't measure wicks on the fib for entries to trades. However, this could be a...
Price is at an important daily support level overall on the Weekly, Daily, and 4-hour time frame we have been very bearish. Looking for a break of this area and a retest to enter for shorts to the 1805.00 targets.
4H - its been a week that ACAD is looking to form LH and we are at major zone where it could reject the heavy volume of buyer. Our first sign of sellers is on 15m.
15m-Double top + Breakout of the trendline + Break of structure making a LL. Right now waiting for the LL to LH move and take a short.
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USDCAD created a spring event on 15 minute accumulation. Volume is relatively high on rallies. We expecteda test of spring phase and then bullish momentum. However it broke strucutre before the test. We entered long term buy position targetting order block depending on how it reacts at zones in between
Looking for a intraday/swing to the projection of 134.800. It is NFP week so markets tend to bounce however it wants to bounce. We haven't broken structure to the change the sentiment of the overall trend as of yet so this would be my counter. Project lines up with a QP and resistance area on the daily chart.
Today was a significant day for the USD/JPY pair as we finally broke out of the 12-day period of consolidation. It is noteworthy that the consolidation phase was very tight giving us a 30-40 pip trading range for the whole period except some attempts to push upwards and downwards. While this period wasn't the best for trading as the price action was choppy and...
After seeing a series of higher highs and higher lows in a corrective ascending channel, we've now seen a lower high made which could potentially break structure. This was also the 3rd touch off the descending trend line around the 78.6% Fibonacci level. We then saw a break & retest of the ascending channel off the 61.8% Fibonacci level giving us the perfect entry...
EURUSD has recently made a strong push downward past the Previous low on the Daily. I predicted a retest at the new resistance created by the previous low then another strong push downward. Ill have to wait until next week, probably Monday for the move.