If you have been following me for some time, you will know that I'm very bearish on AUDUSD on a longer-term(3-years) perspective. This Bearish Bat Pattern is at a perfect shorting opportunity on the daily chart. That being said, confirmation of the candlestick it's important.
A bearish Gartley Pattern form within the consolidation zone on the 1-hourly chart. On the daily chart, the bearish shark pattern has already formed. So, how I'm going to take this trade? Well, shorting this pair will be the main focus, I will be waiting for a candlestick confirmation on the Gartley Pattern. If the market break and close above the consolidation...
On the daily chart, there isn't a distinct trend as there was a sideway expansion that broke both support and resistance level, we need 2 breaks and close below the low or above the high to have a trend. Recently the 4-hourly chart also has a sideway expansion as well. Before we assume that this pair can't be traded, the 1-hourly chart, it is a bearish trend. On...
A bullish bat trade setup at HOP level, the overall trend even on the 4-hourly chart it is a bullish trend. Daily chart there is a bearish shark pattern that acts as a counter-trend trade based on its timeframe. Buy Limit Set to engage the trade.
A bullish bat pattern forms up just above the buy zone(blue box) for a trend trading setup. The recent market has been rather bearish, a bullish engulfing candle is needed for me to engage this trade.
After the bearish shark confirmation through the bearish engulfing candle, I'm waiting for a check-back on the daily chart(left); on the 4-hourly chart(right) to engage the trade. Most likely this will be a trade for tomorrow for people who are living around the (+8GMT) timezone.
After the bearish shark confirmation through the bearish engulfing candle, I'm waiting for a check-back on the daily chart(left); on the 4-hourly chart(right) to engage the trade. Most likely this will be a trade for tomorrow for people who are living around the (+8GMT) timezone.
A bearish shark pattern has formed on the 1-hourly chart, it is not convincing for me to engage the trade reason being of the consolidation area and both oscillators are not congruent, however, the 4-hourly chart looks good as a double-top, I'll need a confirmation candle to engage it. Now, why is that so? The overall bias I have on this trade is bullish on both...
We have a bull run on the EURUSD, on the 1-hourly chart we are waiting for a buying opportunity between the red moving average and the support level(blue) that is within the buy zone(blue). The area of my interest to long this pair is shaded in yellow and I'm waiting for candlestick confirmation to engage the trade. Both oscillators has to show the same signal too.
In my opinion, I think the market on the GBPUSD will continue its uptrend. This is an uptrend as shown by the trendlines and the crossover of the 2 EMAs. In addition to the uptrend, there is a slanted support line which has been tested 3 times and has seen neither a breakthrough or fake-out. This suggests the support line is respected by the market and will likely...
As of now I'm still bearish on the US Dollar, but not for long due to where it's heading. Sometime in the next couple of weeks I'm projecting a shift in P.A. in bull's favor. However, to see the "bigger picture" I analyzed the DXY Daily back in May which can be found among my other published ideas so go check it out. I'm anticipating a retrace in price up to the...
Candlestick Math - V1.0 Sometimes , you need to do some candlestick math to drown out the noise between the candles . This helps in better decision making overall by understanding the effect of the last few candles. Candlestick Math creates a new blended candle which can be interpreted as a summary of the defined period . The indicator uses Lookback period as...
It's a great bullish run on the previous Gartley pattern where my final target profit level was set at 108.40(+129), unfortunately the trade was taken out by our protective stop at 107.40(+29), and it just never presents an opportunity of my preference to engage the trade. You have to know that in trading all decision has its pros and cons, if the stop-loss is...
An ABCD Pattern that has touched the HOP level which coincides with the support and resistance level. It is an area of great consideration for a countertrend trade.
Hello investors! So, the volatility increased a lot here on ETH recently! Let’s see what the chart tells us now. But first, if you missed my last ETH analysis the link to it is below and remember to follow me to keep updated about our trades and analyses! Now, let’s continue our studies from where we stopped yesterday. I warned you guys about this inverted H&S...
Hello investors! I hope you are all fine in this weird day! Ok, so BTC triggered the inverted H&S as we thought, and did a spectacular movement, passing right through the $ 10k and it hit the $ 10.4k. And this is no surprise, as I said in my last analysis, I didn’t believe the black line around $ 9.7k would hold the price. If you missed my last analysis, the...
Traders, Gold has taken a nose dive. Lets see if this holds. As expected this week it was supposed to fill the week the wick of previous week's candle. ____________________________________________________ Traders! if you like my ideas or have your own ideas to share on this market, comment below so that we can discuss. Disclaimer: The content on this analysis...
NYSE:TDOC Signaled a few weeks ago but I'm just now getting ready to hop in. Signal is for $194+ Will be looking for entry on Monday. Wish I had got in a little sooner....oh well. *Look at my post history for accuracy*