Price have been moving in a slightly bearish channel since March, here it formed an ABCD pattern and broke out. Price then tested a bearish trendline and fell back into the channel again. On the weekly, price have been moving in a massive flag formation with a minimum target at 4.77 dollars if it breaks out bullish. This flag formation has just been broken to the...
Hey tradomaniacs, I`m currently waiting for the FED to give the market more fundamental impulses. Looking at USD/CHF we can see that price is not really trendy, instead volatile within a cotnraction and weekly support-range. As mentioned before in my NZD/USD analysis, we need to see how the market reacts to a potential tapering. In case of a hawkish turn,...
130 years ago the USA became the world largest economy, and roughly 60 years ago they were the most far ahead. Today their lead is the smallest it has been in generations. Also, the share of the world GDP that the west makes keeps getting smaller. On top of that the US is pulling out of Afghanistan and reducing their world presence if I got that correctly, and...
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First Thing You Need to Know Here Is That All The Strategies in the world are only successful if you can exercise the patience required. Sitting Tight Is the most important skill not reading charts. I Went Long In Balamines on 26th October 2020 Basis A Weekly Inside Bar Breakout. The Stock Was In A Strong Uptrend Before This And Had Taken A Pause Between August...
This is kind of volatility contraction pattern (VCP) is actually pretty rare in crypto. It usually only happens at the very lows of charts, and most breakouts after that run up in to the breakout and never offer a good opportunity. If this is correct, DUSK should be going much, much higher.
"Contraction" and "Expansion" patterns have been formed and are followed by the First Leg and Second Leg which are marked as confirmation that Silver is continuing its main upward trend. Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
I was wrong beforehand, it turns out that after being noticed on the H4 time frame, as there has been a contraction and expansion phase, it's just a matter of waiting for gold to rise higher. What do you think?. Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
AMZN has finally broken out of the volatility contraction triangle it's been in for what seems like forever! And with some volume as well over the past couple of days. So now what? Well, today printed an evening star candle which previously in early November was rejected at this exact level. Maybe the circumstances are different this time with the triangle...
Technology company, genetic testing & next gen sequencing solutions. FLGT Crossing 47.83 ALERT STAGE 2/ 34 WK/ 1.9% RES/ 36.6% MA VCP 20W/ 50-11%/ 4T 34% INSTITUTIONS NEXT EARNING FEB '21 CRUSHED EARNINGS
Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation. AUD/CHF: Daytrade-Execution Note: If we miss entry by 1-2 pips I will execute manually! Sell-Limit: 0,64710 Stop-Loss: 0,65000 Target 1: 0,64450 Target 2: 0,64290 Target 3: 0,64000 Stop-Loss: 28...
Petronet - Bullish View - Expecting price will come to 315
The price is testing the support level to confirm the breakout. we need to see where the candle closes in the next hour.
Hi traders, this will be the trade of the day, it's a contraction an expansion strategy with 4 triggers so let's see if the market will give us a win here. Note: You can shoot for extended target at the 127.0 Fibonacci extension, if the market does go us from here i do expect it to retest the previous structure at least. Good luck traders
Hi traders we have a potential 61.8% middle line reverse on the AUDUSD and I'm expecting the market to go down from here so let's see if that will happen. Stops above previous structure high. Good luck traders
Hi traders we have another contraction and expansion strategy here with 5 triggers and the final one has been completed with a pull back to 61.8 Fibonacci retracement after yesterday's rally and we are seeing the market now on the verge of resuming it's recovery after the huge drop we had during the COVID-19 period and I think there's a very good chance that we...
We have a contraction and expansion strategy here on the EURJPY and I'm expecting the market push lower anytime soon so let's see if the market will turn around and go lower. Happy trading Guys.
We have good opportunity to go long on this pair based on price action and trend continuation. There's a minor resistance level which you will need to pay attention to.