Focusing on BTC's lower time frame price action for the next buy entry.
We have seen price made a massive bullish push to the upside, clearly we are in the bullish trend now.
Recent price action had a strong pullback, taking out many traders in between.
However, the latest price is once again giving us bullish price action...
Similar like AUDJPY sell, we are seeing the similar bearish price action on NZDJPY.
Price correctively move up to the double tops area, and form an ascending channel correction.
Good indication that we are about to see a bearish reversal price action form the market.
Understanding price can still correct within the channel,
so the best entry...
Welcome back to another weekly trade recap video. This week I got evolved in 3 additional positions, and I currently have 4 trades that are running as well. So let's take a look:
First Trade -Full 1 % loss.
Second Trade: Entered once price completes the channel, recent double tops, breakout entry.
Running about 1%. SL at BE.
Hello TradingView Family, you all have heard of this pattern, a classic "Ascending Broadening Wedge Pattern" or as know as "Megaphone"
As you clearly see, Bitcoin has been respecting this pattern for a while now. And the reason why I decided to post this one, is because I heard/felt a lot of panic in the crypto industry lately.
With every drop/correction, the...
Looking at NEO on the bullish opportunities for the buy.
We can see price has already formed a LTF correction, and we have a confirmed breakout from the LTF.
This is a good indication that we are resuming the bullish trend after the correction.
I would now wait for some sort of continuation correction that will develop on the LTF to look for...
Looking at ADA here for the continuation bullish move.
We saw price was in this consolidation before the strong bullish push up.
Latest price is showing us another continuation correction in the making, good indication that we can resume the bullish trend.
I would wait for a completion of that correction, and look for further upside once we...
Seeing EURJPY is very close to have that bearish reversal we have all been waiting for.
Price could not push out form the ascending channel previously, and made another pushed up.
But now seeing a small reversal correction at the top, the price could begin its LTF bearish move very soon.
2 possible entries that I will be looking for:
Looking at NAS100 here for the reversal move that I have been talking about for quite sometimes.
We can see price was correcting itself in the last bit of the ascending channel, and a strong bearish push below.
To confirm the further downside potential, I would wait for a Head and Shoulder to develop here at the overall top of the the price...
Here on USDJPY higher time frame perspective, I do see a potential for price to enter a bullish impulsive phrase and pushing the price to the upside.
Price has been in this HTF flag/channel correction for quite sometimes now. And not much has happen after when price begin this descending channel correction.
From price action point of view, we know...
Stellar as expected have exploded to the upside once we see the completion of the HTF structure.
There was a LTF buy opportunity once price broke out of the structure, and form a continuation correction.
After that price continue to the upside massively, and now has consolidated a bit.
This is a good indication that price is correcting and we...
Watch the structure, it's simple. Netflix prepares next impulse.
- 61.8% fibonacci level
- Hammer and engulfing candle confirmation
Target: Next resistance. Historical maximum
Stop: A few pips under last minimum
Similar like NASDAW and SPX, I do have the strong bearish bias on the indices.
Looking at the HTF, its clear that the price is reacting to the previous all the tops, so a potential double tops in the making.
Last bit of the price action present us an ascending channel, and consolidation period.
This is a good indication that the bullish momentum...
Looking at NZDCAD for the same bearish sell move like the previous price action.
We can see the same ascending channel structure, correcting the price up.
Latest price shows that LTF reversal structure, and a bearish impulse down.
Now the price is sitting at the bottom the channel, I would wait for a breakout follow by a continuation correction...
BTC broke 20,000 today. Many people will likely looking into the buys.
While certainly BTC will rise in time, the question is it it now or later ?
First we understand the nature of the market, and we see BTC broke the previous all time top, and the "20,000" price for the first time.
This usually will create certain volatility as people around...
Few USD pairs have picked up some momentum, and USDZAR certainly is shaping up for the continuation.
Latest price shows us a descending channel reversal, and we see a LTF bullish impulse, breaking out.
The confirmation here would be to wait for a continuation correction on the LTF for entry to the next swings high area as a potential...
We know most crypto has been moving to the upside, and LINK is certainly one of them approaching the previous in a bullish move.
We have seen similar price action where price reach a high, and then drop down to be in a consolidation phrase before resuming the original bullish move and breaking above that high.
The latest bullish price action...
I am still looking at XLM here for the bullish continuation possibilities.
What we see from the overall price now is this HTF flag continuation for the previous strong bullish move.
Price had a short bearish move down, but quickly had a bullish reversal, followed by a correction in the making.
I would wait for a completion of this current...
AUDCAD is looking great for possible reversal move.
We see price on the HTF is at a double tops area, and price gets there within this ascending channel correction.
Price is slowing down and consolidating, good indication that we may see reversal price action.
To confirm further downside, good to wait for a full breakout from the LTF, and a...