If you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis. Welcome back for some more chart analysis practice. I found another trend continuation...
If you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis. Welcome back for some more chart analysis practice. I found another trend continuation...
If you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis. Welcome back for some more chart analysis practice. I found another trend continuation...
LOOKING FOR BUY ORDER ON SUPPLY ZONE BELOW. STILL IN A STRONG UP TREND HOWEVER LOOKING FOR SOME DOWNSIDE TO REGAIN MOMENTUM UP.
This is pretty much the torture that traders feel when they are in the trade, I am of not spared by that emotion too. This is when your trading rules became important. A break and close below the pennant allow me to lock in some profits from my bearish butterfly pattern setup(check the link at the bottom). If the market break and close above the pennant, depends...
Often not we will see that Gartley Pattern has a V-TOP or a V-BOTTOM setup, this causes conservative traders having a hard time to engage this harmonic patterns setup as a retest often never happens. Right now we have the bullish Deep Gartley pattern setup for a buying opportunity, let's see how this trade rolls out as a counter-trend trade.
107.87 is the level on the daily chart that gives me a heads up if the market is on a bullish run or a bearish run. Even with that, it doesn't mean that I can't perform a counter-trend trade setup and here we are a bullish bat pattern, we have that on the 4-hourly chart as well, and if form deeper than this. The importance of this is to wait for the candle...
An emerging bullish Gartley pattern looks more legit than the 1 form up on EURUSD for the buying opportunity, if you are interested the link is at the bottom. I'm looking for a buying opportunity on this Deep Gartley Pattern setup as a counter-trend trade. The forming of the candle does play a part in this as well.
For those who have been following my analysis should be aware that I've shorted EURUSD on the daily chart for the bearish Crab Pattern as a counter-trend trade. So why do I still post the bullish Gartley Pattern setup? Well, we can't ignore the fact of a potential setup that is against our analysis. If you have already shorted EURUSD, you might be happy to know...
Range Bar chart is what I've been looking for some time, you have to know how to filter which setup could be traded. Let's see how this trade setup is going.
For those who have been following me for years, you know how much I like to trade oil and potential pips that it's able to provide when you catch a move. At this point in time, USOIL still requires a little bit more patience. The daily chart is in a zone between 40.25 - 41.00 On the intraday's price is still creating higher lows, but struggles to close above...
USDCAD has been something I've had an eye out for since June 10, 2020 when I called long trades from 1.3400 to the daily 50 ema. Following the strong bullish move on June 11, 2020, price pretty much went sideways after that. If we look at the HTF we can see the monthly candle for June closed as a nice rejection of major S/R of 1.3400 On the weekly multiple low...
AUDUSD maintains to find resistance at 0.7000 On the daily chart (screenshot posted bellow) we can see price created double tops at the level of Since July 6, 2020 price was sitting just below 0.70 but never actually rejecting it until 2 days ago, followed by a bearish engulfing candle yesterday. Additionally we're rejecting .785 fib level, trading back bellow...
Patiently been waiting to play AUDJPY short. At this moment the price action still does not fit any strategies that I trade. But here is how I'm reading the chart and what I'm expecting. 76.00 is a very major support/resistance level. (HTF screenshot attached bellow) Daily price action seems to be forming a lower high, rejecting .618 fib and yesterday closed a...
AUDCAD is long overdue for a pullback. The last month price has been moving either sideways or slowly creeping up. Recently price broke resistance of 0.9420 and is trading above that level. Price could very well have printed the "head" of what may turn into a head and shoulders formations. At this moment price is finding support every time it pulls back to the...
Monthly: Support/ Resistance level of 1.7900 + trendline rejection Weekly: Deceleration and rejection of 1.7900 + trendline rejection, last week closed a nice strong bullish englufing Daily: Lots of deceleration around 1.79, price always failed to closed bellow the level. Now price broke trendline and pullback to potentially reject it. 4hr : Price formed...
Short play from resistance 0.8920 4hr :Head and Shoulder formed, followed by a break and retest of 4 hr 50 ema 1hr: Making lower lows and lower highs Negative: Price is still in a small zone as highlighted on the chart, once we break out of that we could see a strong move to the downside (potential break and retest whats now support as later...
COMP, currently in a downtrend, is in an overall falling wedge pattern, which is bullish. Also, several of the most recent candles show inverted hammer patterns, which suggests we could be seeing a trend reversal soon. There has been a long downtrend lately, but things could soon take a turn upwards. Going to be watching for other signs as well.