• similar to my GBPJPY analysis this pair has formed an upward and downward trendline touching both 2 times • it's previous test was of the upward trendline so now i'm expecting market to go up and test the downward trendline • on the D1 it formed a corrective pattern and has converged by the apex so expecting the buying power to continue making this pair...
• market haa formed an upward trendline for the past months and has come back to respect it 7 times • earlier this month it respected it again and impulsed up and then during this month it lost some momentum, formed a corrective move and changed direction for a short period of time • at the end of last week it broke above a previous HIGHER HIGH and it was...
so what we have here is... • this market has been BEARISH from pretty much 2020 and has formed a DOWNWARD TRENDLINE/BEARISH CHANNEL • in september price respected the downward trendline/resistance of channel and has been in a BEARISH move towards the support of the trendline •so in the past week there was a corrective move seeing by the short term change in...
let us keep the train moving!! this weeks NFP is going to change my life your life and every traders life!!! 😡 i do not care how many accounts you blew or if your equity is below $5 all it takes is mustard seed faith. and remember WHAT YOU HOPE FOR SHAPES WHAT YOU LIVE FOR!
• on the D1 timeframe the market has formed a downward and upward trendline • market has respected the upward trendline and a bullish engulfing candlestick has formed so i'll be looking for market to go test the downward trendline again in the next coming days • as market converges by the apex i'll be looking for a breakout but now i'm looking for LONG...
• market reached a major trendline (weekly) • for the past two days of last week price has been indecisive resulting in two reversal candlestick patterns (drawn and highlighted) which show a slow down in momentum and possible market reversal. • so i'll be looking to sell the dollar as of now and reach that support level, but we wait and see what the market does...
this is a +$5.3 trillion market and there's only about 10 million of us traders in the markets, we're all millionaires we just have to keep pushing and sowing our seeds and wait for God to make all those tears, headaches, deposits, late nights and sacrifices grow in something we have not even imagined. now let's get to looking at the charts couple of ideas to...
so this pair is currently at a point in the bearish trendline and it's rejecting it so entry will be on either break of that level of support with short trades or break of the trendline either long trades
my two trendlines formed a triangle and market movement has been going way slower and less movement and as it reaches the joining of those trendlines it will surely breakout to the upside
THE CLASSIC PSYCHOLOGY OF A MARKET CYCLE. WE SEE THESE EMOTIONS THROUGH RETAIL INVESTORS WORLDWIDE. MAKE SURE YOU HAVE 20/20 HINDSIGHT ON GOLD BEFORE YOU GET CAUGHT IN THE HERD. REMEMBER, NO BIAS. @YUNGFINANCE