its on the chart clearly you can see it.. money flowing educational purpose only
Long road ahead.... Looks like this forming a new up trend with volume up. RSI is getting stronger. With some obstacles around above 230 level What do you guys think of ? I am not an expert... Not a buy and sell strategy only for educational purpose
Buckle up Not a stock buy and sell only for educational
Looking to buy towards Zone 4 once price remains in Zone 3.
Before continuing make sure to like , follow and save this post. This content is going to help you in the future The term "bubble," in a financial context, generally refers to a situation where the price for something—an individual stock, a financial asset, or even an entire sector, market, or asset class—exceeds its fundamental value by a large margin....
I have said this many times: never draw a trendline when you can draw a channel. Also I have said that symmetrical triangles break down or up into wedges or ascending/descending triangles. Now you might glibly say "This_Guhy said it might go up, or it might to down, wow, so brave" But it isn't that it goes up or down but how it goes up or down with some targets...
Looking to long towards Zone 3 from Zone 2. If price stays between Zone 1 and Zone 2, will look for long opportunities.
Similar to the link below. ETH range bound in November 2020 and January 2021 played out the same way. Ranging price action (PA) relies on Fibonacci levels to be reclaimed. Watch for reclamation of: 0.25 0.5-0.618 (range EQ) 0.75 range high ETH here could either keep bouncing off of range high, as it has just retested it OR it returns to clearly retest 0.25 and...
The consolidation in late November 2020 is very similar to what is happening in January 2021. Learn how to play range bound PA. It never fails
EUR/JPY has been moving sharply to the downside easily seen on the higher timeframes (Daily and 4H). EJ has broken a major well respected area of support that has been identified on the Daily timeframe and over the course of the last 2 days, the market has retested the break @126.170 as resistance seen clearly on all timeframes. Along with the retest, there is a...
Extreme wicks in quick succession, such as a blow-off top and a quick dump, establish a range. 1. Identify range extremes (high/low) at the ends of the candle wicks 2. Plot the Fibonacci levels 3. Important levels to mark are around the 0.25, 0.5, 0.75 - 0.75 tends to be the first Higher Low (HL) - 0.5-0.618 is the Range Equilibrium (Range EQ) and price tends...
When you are trying to determinate whether a market is trending or not, you have to use bigger time frames such the 4H, the daily or the weekly time frame. Lower time frame might trick you when it comes to determine the market structure
OVERVIEW: Yesterday I called a sell trade on GBP/JPY from 140.900 to target 140.340 which ended up being a 55 pip win! As soon as the target was hit the market has spent the current trading day retesting 140.900 break of support as NEW RESISTANCE. There is now another opportunity to go short on GJ as it is coming up to NYSE open which could bring high volume into...
Trade was analyzed on 1hr time frame and trade was taken based on 30m time frame. Trailed the stop loss in 5m time frame as the candle did not break the previous low. At this point, it was a risk free trade. Even if the SL stops me out I would have been in 2 pip profit. Closed the trade fully when the 5m candle broke the previous candle's low. Closed in 7 pip...
1.20000 is a lovely buy area for me, this has been used as a key support and resistance level historically and will be used many times again as it is a nice round number. On December 1st 2020 price broke through this level which was acting as strong resistance! Price has not since come down to re test this level as support which i think price is on its way to do...
Looking to short from Zone 4 towards Zone 2. If price stays near to Zone 4, looking to short towards Zone 1. If price breaks and stays between Zone 4 and Zone 3, will short towards Zone 2.
This 5 steps system is an approach that has a 99% success rate on a long-term basis. The process of continuous optimization is a great combination which allows people to become aware and improve as a trader. Before reading , make sure to give a like ,comment and follow. I will constantly share content from another perspective. So if you are really committed...
here are some tips for newbies. One thing, I want to say again and again don't rush in trading it's not a quick-rich scheme remember that. and every newbie needs to gain knowledge first about markets than most important part risk/money management need to learn because they r so important. Most newbies come into existence and think they have gone to use big...