Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. USDJPY: First Entry: +1% profit. Second Entry: Running about -0.5% loss Full analysis/forecast: EURJPY: First Entry - 1% loss Second entry -Running about +3%...
Hello everyone: Also eyeing USDJPY for the JPY strengths in the market. From my previous analysis at the top of the expanding structure, price did impulse down very aggressively. After a strong impulse down, price begin its corrective phase, and we are getting this parallels channel structure, as price continues to correct within. The more swing highs and...
Hi everyone: Let's take a detailed look into EURJPY’s current price action, what my analysis and forecast so far, and do some backtesting on previous prices to give us a positive outlook on the potential bearish continuation price. Starting from the Higher time frame, clear double tops, and ascending channel reversal are very noticeable. Then the price had a...
Hi traders: Looking at EURJPY here for a potential continuation bearish price action. We can see after the impulse phase from the top, price correct into an expanding structure. Within a few swing highs and lows, double tops, combining with a rising wedge reversal, giving me a bearish price action confirmation. Now that price has broken down from the wedge,...
We experienced a massive dump/correction couple days ago. This was expected as Bitcoin pump to 52k very quickly. We might see an impulse then another correction (may be more) before BTC turn bullish. I have broken into different zones according to supply and demand based on fear and greed - Buy zone (Support) - This is a zone where there is high fear where...
Hi traders: From my previous LTC analysis/outlook, we see price does indeed form the bullish correction and push the price higher. Now that price has impulse above the previous highs, there's good opportunities for another buy opportunity. Price is likely to consolidate here and form into a bullish continuation correction structure, so be patient and wait for...
Hi everyone: Also eyeing MATIC's bullish price action for another long opportunity. We can see from my previous outlook, price indeed reverse from the falling wedge structure, and bullish impulse up. Price is hovering around the previous highs, but in a consolidation, which is a good indication for another move after the correction completes. As always be...
Hi traders: Also eyeing NZDCAD's bearish price action to confirm the downside move. Here we can see after the strong bearish impulse down from the top, price begin its consolidations. We can see a clear parallel channel forming, with a few swing highs and lows. Latest price also give us a potential double tops, lower time frame ascending channel to the top...
It seems like 4th internal degree as sideways correction, which correcting before final leg higher.
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. XRPUSD: Running about +2% profit Full analysis/forecast: EURUSD: 2 positions out for +7.9% profit Full analysis/forecast: SILVER: out for +0.25% profit Full...
Hi everyone: Also paying attention to LINK as we have similar bullish reversal price action on the LTF. After price dropped down from the bearish sell off, we see a descending structure forming, correcting the price within. Its a good indication that we have double bottoms, bullish reversal impulse to break out of the descending price action. This give us a...
Hi everyone: Ripple has a clean bullish price action on the lower time frames, and is also align with the overall higher time frame bullish outlook as well. We can see a strong HTF bullish impulse up move, and now the price is in a larger continuation correction structure. With a few swing highs and lows, price made a double bottoms, and a bullish reversal out...
Hi everyone: Let's take a detailed look into EURUSD bullish up move since last week, and what to expect from the current price action moving forward. We can start off by looking at the HTF overall price action, and properly identify the corrective phase on the HTF could be potentially finished, and the next impulse up move can begin. Start looking at the...
It is in 5th of 5th wave and bullish above 4757.25. The target zone is between 5093-5358.
Hi traders: From my previous DOGE analysis, price was able to push higher with smaller, lower time frame continuation corrections. Now we can see a bigger consolidations, and another bullish flag correction is formed. With a few swing highs and lows to form a correction, we also have an inverse Head and Shoulder on the bottom, and price is looking clean for...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. EURUSD: 2 positions running for +5.5% profit Full analysis/forecast: SILVER: Running position, +0.5% profit Full analysis/forecast: ADAUSD: 2 positions closed...
Hi traders: Was on a mini vacation during the week, so not many posts from me :) However, still in both of my EURUSD positions and manage get in on Silver as well. We can see after the bearish impulse down, price didn't not form continuation to go down further, instead, its a bullish reversal impulse phase. Then price begin to form into a bigger flag/channel...