This video covers trendlines and one of the most common questions traders have about them - how do we know if a breakout is a 'real' breakout and not a fakeout?
- The setups shown in this video are all in Hindsight. I did not take all the setups detailed in the video. - Learn to train yourself to see these examples by going through Price Action from the past and you will be able to see these form in real time and react accordingly. Common names people give to thses setups: Supply and Demand, Support and Resistance,...
USDCHF This video breakdown covers the USDCHF and targets the next 5 wave impulsive wave. Topics covered: - Outlining larger price action structures - Elliott Waves simplified - Using multiple confluences to determine entry, stops, and targets
FX:EURCHF - Weekly (Bearish) : Long wick candle off the zone forming a pinbar - Daily (Bearish) : Inside bar with a bunch of indecision candles on the zone - 4hr (Entry) : Trendline & Wedge Breakout EP: 1.12400 SL: 1.11686 TP1: 1.13113 TP2: 1.13406 TP3: 1.14255 www.pipkingsfx.com Like the content? Support it by.... SMASHING that LIKE button & following my...
- Weekly (Bearish) : Weekly level broken with 8/21 MA Crossover Bearish - Daily (Bearish) : Bearish Engulfing Candle Rejection off of 21 MA - 2hr (Entry) : Counter Trend Line break with 8/21 MA Crossover, Double top divergence EP: 71.657 SL: 72.303 TP1: 71.000 TP2: 70.656 TP3: 69.650 (Next Weekly Level) www.pipkingsfx.com
More compression!? Who could have predicted this. We can expect trend to once again begin as soon as we start expanding by the defined distributions.
A bullish pattern is not going to give you a guarantee - the current situation is the proof of how all the patterns are working and how do we have to position our understandings. Let me know what do you think about the outcome of the third triangle ?
Update XBT Euro Still moving in decending triangle. Possible breakout to the downside within the next months. Trading tools MA, RSI and MacD Trading in general Educational
Technical Analysis based on the EMA's. Educational. Not Finacial Advice.
Here on the NZDUSD we have a Bearish bat formation that has completed...for some of you. I say for some of you because it technically did not hit the D completion level, however, some of you may still have gotten involved if you decided to "Front Run" your orders. Akil
Here on the USDJPY we have a potential bearish bat pattern setting up. We also have an interesting setup where there was another valid pattern formation prior to it which brings up the topic of "should I enter again if I missed it?" Akil