AUDUSD - Major price breakout as predicted!The patience, discipline and accurate technical analysis has finally paid off in a big way. For those of you who were on the right side of the market with me, congratulations. After more than a week of consolidating and multiple bearish signals on the hourly, daily and weekly charts, price has finally broken out of it's range in a very bullish manner. Some of you have already taken profits while others may be holding on for a further run higher. If you missed out on this trade by sitting on the sidelines or were on the wrong side of this setup then I would encourage you to follow my channel and begin learning more about price action trading.
Flag
AUDUSD - Bulls continue to defend key levelsIn this video I cover a few of the price action patterns that formed last week which became quality trade setups themselves. I also take a look at the most current price action and what it is telling me about where the market may be heading this coming week. I only cover a handful of the patterns as there are many other patterns at play such as rising triangles and pennants
AUDUSD has thrown mostly bullish price action signals at the hourly level with only 1 or 2 bearish signals that ultimately failed going into Friday. With bullish price action patterns continuing to form and bearish pattern failing and being invalidated the bullish bias is still intact. The current flag pattern sets up the potential of the next leg higher as long as price can hold above the upper channel of the flag now that it has broken out. In the long term I am looking at a break above the high of the weekly pin bar to begin getting very bullish on this pair.
ETHUSD - Blasting off as predicted!As predicted in my analysis last week, Ethereum has begun blasting off. Prudent traders were watching the bullish flag pattern that had form and watching for a breakout of the upper channel of the flag. Due to the very large size of this pattern we could see quite a large rally in the days, weeks and even months ahead. If this is a pattern you are trading or are interested in trading there are a vast number of ways to manage your risk/reward and profit taking levels. I mention just a few potential way to trade a flag pattern but as always follow your rules and stick to the risk you are comfortable with.
ETHUSD - Strong bullish flag pattern, I hope your ready!There is a fantastic, high quality flag pattern that has formed in Ethereum. I just posted a video about the morning star and pinbar bullish setups in the daily candles and now we can see a strong bullish flag pattern in the hourly chart. This is creating a confluence of signals that all are pointing to a bullish breakout. If the breakout occurs it could set up ETHUSD for a 400-500$ run. Place a 100$ stoploss would offer a very attractive 1:4 or 1:5 Risk/Reward setup.
XAUUSD - Bullish reversal flag pattern playing outThe reversal flag that I identified yesterday has broken to the upside as predicted. Price was being pinched between the descending channel (flag) and the major support trend line and finally broke out of the flag with a strong upside move. In this video I perform analysis on the pattern and the type of further price action I will need to see before I become a buyer of gold. We are not there yet but the bullish case is strengthening!






