Hello everyone: Let take a look purely in technical perspective in DOGE. DOGE's price has pushed down since the start of the week on Sunday, and to a recent lows around $0.35. From my last outlook on DOGE, I mentioned that if price was to pushed down pass previous highs and formed bearish continuation correction, then we can see potential further...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week. I will explain my approach on the entry, SL, TP and management. CADCHF: Running Position Full analysis/forecast: AUDJPY: - 1% loss Full analysis/forecast: NZDJPY: +0.5% profit Full analysis/forecast: EURCHF: - 1.16% loss from...
All week GN has been pushing for higher highs. right now were experiencing a pull back to a major key level. Were already starting to see rejection at this level were currently at. Id say its a safe bet to place an entry as the prev. 4h high is broken and take an impulse entry.
Hello traders: Liking the price action on CADCHF for a bearish reversal. We can see the overall price has manage to correct the price up in the ascending channel correction. There is a double tops, "M" style correction reversal as well, and we see strong bearish breakdown from the price. Last confirmation here is to wait for a LTF continuation correction to...
I think REEF has completed a impulse wave and has been terminated by a truncated wave 5 (maybe a upward impulse or correction). So now it's within a corrective wave like 2, 4, B, X. Therefore after completing this wave which has not completed yet (it seems a expanded triangle), a impulse wave should be started (if the correction isn't more complicated).
Hello everyone: ETC has managed to push up quite a bit since the beginning of 2021. We can clearly see a strong higher time frame bullish impulse move, pushing up the price to the upside. Naturally, the markets needs to correct the bullish phrase by forming some kind of correction structure/pattern. In this case we start to see a clean descending channel...
Hi everyone: Few USD pairs had some strong bearish move today, and lets look for possible opportunities on them next few days. NZDUSD is looking clean for a breakout and continuation price action. We can see price had the initial strong impulse phase from the previous ascending channel, and it starts to correct into another ascending channel. Latest price...
Hello everyone: Also looking at the US indices for bearish opportunities. From the HTF, we can see price made another sharp move to the top of the correction, but instead of continuation price action, we are seeing a channel like correction that failed to push price higher. Instead, the latest price had a strong bearish impulse down, breaking below the...
Hello traders: Looking at NZDJPY's price action for further selling opportunities. We can see a HTF ascending channel correcting the price up to the previous highs, double tops. On the LTF we see a "M" structure, Mini double tops, and a rising wedge. All good bearish price action to give us confirmation for a strong reversal from the top. Similar like AUDJPY...
HBARBTC has been consolidating in a falling wedge over the past 2 months, retracing nearly 36% from its prior rally (as of May 10). This consolidation pattern corresponds to wave (iv) (corrective) of an 12345 impulse structure, so I expect HBAR to rally to new highs upon breaking out. The On-balance volume and MACD DEMA are exibiting positive (bullish) divergence,...
Consider the development of an North Impulse after a harmonic bullish pattern. The target is the supply zone. GBPUSD - LONG ENTRY PRICE - 1.38700 SL - 1.37800 TP - 1.40800 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!
Hello everyone: Looking at the price action on AJ for potential short opportunities. From the previous impulse phase, price begin to form the channel correction, sideway movement. Latest price did push the price up, but its where the previous swing highs was. We see a small LTF ascending channel to correct the price up. Now we see a strong sharp bearish move...
Hello everyone: Cardano has always been on my watchlist for the next bullish move. We can see a strong higher time frame bullish impulsive phase, and now the price is in this larger correction. Latest price action continue to correct, and now formed a double bottoms within the correction then impulse up. These are great price action from a multi-time frame...
5 Best Cryptos to trade and/or to hold from a technical, price action point of view. (BNB, ADA, XRP, DOT, LTC) Hello everyone: The recent question I've been getting is what cryptos to trade or/and to hold. Certainly trading and investing (holding) would be different, so I thought I would outline some coins that have good price action and technical in my view...
Hello everyone: End of the week, lets take a look at DOGE and its up coming potential outlooks. Purely looking at it from a technical point of view, the current price has broken above previous ATH level impulsively, and its forming continuation correction currently. One way to look at this would be waiting for a this correction finished, and look for LTF...
As you see, CAKE has started a upward W-X-Y-X-Z pattern. Now the last wave X is going to be completed as a regular flat correction. In the correction pattern, wave C needs more time to forms a ending diagonal. After that, it begins a rally!
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week. I will explain my approach on the entry, SL, TP and management. CARDANO (ADAUSD) - Currently running at BE Full analysis/forecast: AUDCAD - Closed 2 trades for about 3.2% profit Full analysis/forecast: GBPCHF - Close down for about...
As you see the chart above, I think MATIC is within wave 5 of an impulsive wave. Therefore it should form a correction (usually twice the wave 2 or wave 4). Also in RSI indicator, it's getting ready for a divergence and in the result a correction in the chart. So be ready!