If you are a Double Top trader, you would know that it is not about the strategy but where it was formed. One of the struggles that traders have is, "Where is the end of the Double Top Pattern?" There are ways you can learn to identify the potential completing zone or you can wait for the Double Top to complete. Yeap, "Wait for it!!" You can then look for a...
This is exactly what I talked about on Sunday, price now pushing towards resistance area 1.16200. I'm currently not in a trade on this but ill be looking for possible shorts from that resistance area and another opportunity to take a continuation long after that.. these moves I wouldn't expected for a couple more days.
EURUSD forming a support area and rejecting the area of 1.15400. Ill be waiting for another rejecting on the 1hr to get long entry's from that support, this could be an opportunity for a longer term swing trade but also we could be consolidating so ill be taking a percentage profit around first targets, target areas if I do take that long trade will be around...
Alice USDT - Long Enter - Now SL - 11.3 tp - 15 tp2 - 18 tp3?? I've seen predictions of $28.00 Please share like and comment. Here to learn and share. Happy Friday!!!!! ALT.
Check out what plays we are watching for this coming week! NYSE:DASH NASDAQ:ATVI NYSE:SQ NYSE:SNAP NYSE:JPM NASDAQ:LAZR
This is how I traded Today reviewing ym winners and loss hopefully you guys are able to understand on how I trade.
So while looking at this per request I noticed something that jumped out at me. and this is wheat I found. I thought it was interesting.... So I am posting it as a tutorial... by iCantw84it 05.27.2021
In using trading concepts like Candlestick formations it is very important to look at the context and not just blindly go short or long as these get printed on the chart. In this example, I am looking at a weekly candlestick formation spinning top on EUR JPY. Spinning tops or bottoms are labeled as indecision patterns or reversal patterns. In this video I am going...
The USDJPY rebounded slightly upwards. If the bullish momentum returns, then the pair might recover to the resistance of 110.01 and extend further to 110.38. However, if the bear strikes then the pair could fall to 109.21 and possibly break the second support level of 108.78.
Big Price Move For Bitcoin This Indicator (Bullish Gartley) A popular price-chart indicator known as the Bollinger bandwidth suggests bitcoin could soon chart a big move – up or down. The leading cryptocurrency has spent the better part of the last three weeks trading in the range of $50,000 to $60,000. The consolidation has worsened of late, with bitcoin bulls...
This is for education purposes only. Key Aspect: 1. indecision 2. directional decision 3. confirmation 4. At a location
Hi Everyone, I believe we may have reach a bottom. Review my Candlestick charting video and let me know what you guys think. I will look for conformation with the RSI but this may be the bottom. I'm not saying we are going to go in "v" shape up, we may go sideways for a while and retest the lows. Review and let me know your thoughts. Points i'm trying to...
SPCE Virgin Galactic a lower high has been established.
In this video I look at a few of the bullish price action patterns that have formed on the daily charts including bullish engulfing bars, 2 bar reversals, and a 1-2-3 reversal pattern. As a side note: I am going to try and keep future videos at 5 minutes or less. I didn't quite hit the mark with this one but am doing a lot better.
In this video I cover what I see as hints of bullishness in the weekly candlesticks, primarily the inside-bar/pin bar setup that formed over the past 3 weeks followed by price breaking up and out of that setup.
Thanks for the messages in my birthday Traders! Has been a good year/month/week in the crypto trading and hodl. This is going to be my weekly perspective in the markets and how i find my confluence in the market. Trading is simple, use less indicators, see what the market is showing and always wait for daily/weekly closure for confirmation. This is gonna be an...
An inside bar / pin bar fake out pattern has formed on the XLE weekly chart. This pattern has formed just below a key resistance level as well as the 50% retracement of the last swing high/low, which is exactly the area we want to see this form. One negative with this setup is that price has formed a very sharp v-shaped reversal off it's lows. That doesn't mean...
The AUDUSD has formed a bearish pin bar setup that is very similar to the NZDUSD. The big difference is the bigger price action picture. The AUDUSD is the weaker of the two, and may end up providing more downside if price breaks down in a major way, but I think both charts have attractive setups worth considering.