Hi traders: Same approach I have for NAS to look for reversal opportunities. As I have mentioned through out the streams from last weeks, as long as price still correcting within the ascending channel, it can continue to do so. However, latest price action has shown us something potential start of a reversal possibilities. We first see a LTF structure at the...
Hello everyone: Similar like SPX, I do see the potential reversal from DOW. We see price is in the overall HTF parallel channel structure, continue to correct the price around the previous HTF all time tops, a double tops price action. Price formed additional reversal price action with a LTF ascending channel, still correcting the overall move. Finally, at...
Hello everyone: For last few weeks I have been talking about the potential bearish reversal on most of the indices. Now the market looks like it may be giving us more development to lead to a potential sell. We see price has been correcting for sometimes within the ascending structure. Latest price shows LTF double tops, sharp pushed to the downside. Either...
Hello dear friends, I am opening a new short position from 31600 Targets: 30100 - 29350 - 28670 - 27580 Stop loss at 32500 All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss. I am not saying that this should happen 100%....
Hello traders: Looking at EURAUD now on the lower time frame to wait for bullish price action. We see the latest price has fall into a potential reversal correction after a move down. This is a good indication that the bearish move may not resume, and we can get some short term bullish move to come into the market. Now the price has managed to break above...
Hello everyone: 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...
Hello everyone: EURJPY has managed to break below the channel correction impulsively now. We see price pullback and potential forming another continuation structure. This is a good indication for further bearish price action to come in I would be patient here and wait for a continuation correction to develop and complete to look for the next bearish...
Hello traders: Eyeing USDCAD for the bullish price action to come into the market. We see the latest price is currently forming a corrective structure near the bottom of the HTF swing lows. Currently price is still in the correction, so dont jump into yet. What we want to wait for is a clear breakout from this correction, and look for continuations. Thank you
Hello friends, The price zone around 0.9771 in AUDCAD is acting as a strong support which is evident by the triple bottom seen on the price chart. Hopefully it will resume its bullish trend after this correction at 4 hour chart. Buy : 0.9793 SL : 0.9771 TP : 0.9991 R : R = 1: 10
Price has generally been accepted at 1220 for the past week and I expect to see a retrace at least to that area. With all the trouble BITSTAMP:ETHUSD has finding buyers above 1250 a retrace makes sense at least until there is more demand in ALT coins. Consider this, many bought ETH on these initial breaks, few if any made any profit and the smack off of these...
Hello everyone: GBPJPY for the last few weeks were not on my watch list due to the previous swingy price action on the LTF. But now what we are getting from the market is shaping up for the bearish sell setup. We see price correctively move up within ascending channel, and hitting the top of the LTF channel structure. This is good indication we may see some...
Hello everyone: 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...
Hello everyone: 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...
Hello everyone: 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: AUDJPY - First Trade -Full 1 % loss. Second Trade: Entered once price completes the channel, recent double tops, breakout entry. Running about 1%. SL at BE. NZDCAD...
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...
Watch the structure, it's simple. Netflix prepares next impulse. - Support - 61.8% fibonacci level - Hammer and engulfing candle confirmation Target: Next resistance. Historical maximum Stop: A few pips under last minimum
On this particular pair I saw a impulse followed by a slow correction on the 1 hour. Now we're just waiting on a cross back to the upside and a retest of structure before taking the trade to the 227 of the fibonacci retracement. Follow me for more quick updates and analysis.
Hello dear friends. I decided to write to you right away and congratulate everyone by taking the first take-profit. (910 points / $ in our wallet) Stop loss - I set it to breakeven. Now for the warning - look carefully beyond these boundaries of the triangle. Watch the levels from the previous trading idea. (I described everything to you) And also beyond the...