Whats up traders,
Couldn't think of anything to punny / funny for my title. but most of the explanation is on the chart.
I see this as 100% pure shorting alpha when the timing is right.
Have a look. . . let me know your thoughts.
The market has reached the D point completion of a Bearish Gartley, looking for a shorting opportunity of a double top as Gartley formation invalid due to extended movement of the market.
However, I will be waiting for a shorting opportunity once the double top is formed.
Exact entry, stops and targets will be share with my subscribers, in the month of Oct18 we ...
Hey, traders. Here on the GBPUSD, we have a great example of a CTS type of trade. This market is at a previous HTF level of structure. It has also gone overbought on the RSI on higher time frames. Now, that alone is not enough reason for me personally to enter a trade, but taking it down to an hourly chart, here we have a nice double top. This double top looks ...
Prediction : Short
Daily : We have a double top, a break of the last lower low, now we have a pullback on this level.
4H: With the fib extension we have our sell zone, which is between 100% and the résistance .
1H: The price is bullish, now we have a small deceleration, with a divergence on the MACD.
The best time to take a sell is when we ...
EDIT: Sorry, guys, you're going to have to scroll the chart. Tradingview hiccuped when I published them apparently.
Good morning, traders. Price bounced exactly where I said it would yesterday, so where does that leave us today? The bounce created a bullish SFP on the D1 and price has consolidated around the $3630 level since then. During yesterday's live stream ...
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We did a double top and we're getting ready to test the immediate support below at pivot (P) again. Wave C can lead us to 0.786 Fibonacci level.
Price has reached an area that has held as resistance since 2016. The RSI is just inside the overbought area. Price touched the recent high and it looks as sellers are taking over. Enter around 1.63102 stop at 1.64022 target 1.58921
After a double top formation which was followed up with a meaningful break below significant structure support. W
ill be patiently waiting for price to pull back into support-turned-resistance to get in at/near that region which also
aligns with the upper trend line for the next impulse lower. Looking for price to continue its bearish trajectory.
If you'd like ...
Within the next 2 to 3 days, USDCAD will relieve some of the bearish pressure and head up to 1.346 before heading down to 1.331.
Wait till upward movement has been confirmed after trading above 1.338/9
USDCAD had a near-perfect double top just before the bears stepped in and brought it down.
The bears are running out of steam so for the first 2-3 days this week there will be a bullish momentum pushing the price to 1.346. Bears will be filling their tanks (trading accounts) in the meantime for a visit to the 1.327 region which previously served as a resistance ...
If you read my DJI analysis, you'll know that I am bearish on the stock market right now, but particularly tech stocks. I've been bearish since AAPL was trading at $230 and as soon as it hit the $1 Trillion market cap. There's just not enough However, the market is still showing signs that buyers haven't given up, and the majority still seems to be bullish, at ...