Hi everyone: As we can see the current EURUSD price action is pushing to the upside, manage to still hold onto the 2 positions I have. We know DXY will have inverse price action like EURUSD, so lets take a closer look now. After the strong bearish move down on the higher time frame, price naturally needs to correct for a period of time if we are going to see...
When you look at the daily time frame on Gold , marked in orange, you can see the impulse on the left, the corrective structure and a break of that corrective structure to the upside. The price pulled back after the break and is currently forming the same setup on the H4 time frame, marked in pink. This will confirm the bigger move and price is currently trading...
Consider the development of the South Impulse in the supply area. The target is - POC. GBPUSD - SHORT ENTRY PRICE - 1.41200 SL - 1.42050 TP - 1.39480 Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Consider the development of an North Impulse after the price has crossed the POC of accumulation . The target is the supply zone. XAUUSD - LONG ENTRY PRICE - 1806.00 SL - 1794.00 TP - 1851.00 Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Hi everyone: Here on USDSGD, there's potential opportunities for a bearish continuation to happen. We can see after a strong bearish impulse phase on the higher time frame, price begin to correct within a larger expanding correctional structure. With a few swing highs and lows, price had a move up, but failed to continue higher. with any further bullish...
Hi everyone: Last Friday we had some reversal price action across the market, and EURUSD happens to have the best possible development among the USD pairs. We can see the larger, descending structure correcting the price down to the higher time frame double bottoms. Price did initially try to push higher from my previous long analysis, but failed to continue...
Hello traders: ADA has been in a strong bullish pushed up from the HTF bullish reversal structure, and is now at the all time highs level. From my previous analysis after price impulse out of the HTD descending strucu4tre, the price did indeed impulse up just as expected. Now we are at the all time highs, few possibility can happen here. While I am certainly...
AU is trending downward, Creating lower lows and seeking lower Pricepoints. However we could have to retracement back to the strong 300 ema
Minor high will probably end the bullish cycle as 5th of 5th wave and start correcting down - Will say choppy to bearish below 13870, until then it can always extend 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. CADJPY: Out for +6.9% profit Full analysis/forecast: SPX: Out for +1% profit Full analysis/forecast: DOW: Out for +1% profit Full...
Hello everyone: Let's take a closer look into the US indices overall, specifically on NASDAQ, SPX, DOW JONES. With the latest development from the lower time frames, we can potentially get the larger bearish correction that we have been patiently waiting for. Take a look at the price action from a multi-time frame, top down approach. We can reasonably see some...
Hi everyone: Some big movement in the last few days on USD. CHF, JPY pairs, and I was able to get in on the CADJPY sell. Looks like CAD pairs are getting weaker, and I can expect CADCHF to also continue its bearish price action. We can see after the initial bullish up move, price formed a pennant/triangle correction, but didn't not continue its originally...
Hi traders: We can see here on CADJPY, after failed to continue after breaking the higher time frame double tops, price begin to reverse down, hit the previous swing lows, and formed into a correction. Price is in the process of the the bigger Head and Shoulder pattern, and we can see clear impulse down from the continuation correction. To confirm further...
Bitcoin currently forming an Ascending Broadening Wedge Pattern. We just experienced a correction that should follow an impulse with a healthy pump. If BTC stays within the wedge then we could see a bullish move to 48K. If that resistance breaks then we could see 50k plus. BTC always comes with surprises so if it breaks downwards then we could see a bounce back...
Hi everyone: Here on DOW JONES, we can see that price has been consolidated in the HTF structure for quite some times now, forming a corrective ascending structure. Latest price corrects itself up in a smaller ascending channel, and formed double tops before reversing down in an impulse phase. This is all good indication the bullish momentum is exhausted,...
Hi everyone: Similar approach like DOW JONES, as we can see the similar bearish price action here on SPX. Price has been in the higher time frame ascending correction for quite sometimes now. Few attempts to impulse down and breakout structure, but none has been able to. As we know, price action can continue its consolidation phase for a long time, and its...
It is in 5th of 5th wave as expected in earlier updates. Now it is moving higher and may test 1560 before it start the next correction down. Below 1366, it will start correctio and can go up to 1000 level as the part of correction.
It moves as expected in earlier update. Now there is a chance of starting correction, but until it stays above 1562, it can extend higher and below that level, it can go up to 1350 or even lower.