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...
Hi everyone: Also looking good for potential reversal is EURUSD. Here we see price formed an ascending channel within the larger parallels channel, then price pushed down to show us some LTF bearish momentum. Since price is still within the channel, waiting for extra confirmation with a continuation correction on the LTF would be ideal. Alternatively, if...
Hi traders: 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...
Hello traders: Looking at AUDJPY for the future bearish outlook. We see price is in this larger HTF expanding structure, and correctively moving up within the ascending channel. Price broke previous recent double tops, but rather correctively instead of impulsively. This could be a first indication of a decline in bullish momentum. To confirm the reversal...
Hello everyone: Similar like other AUD pairs, AUFCHF is also shaping up for potential reversal sell opportunities. We see the price managed to break above the previous tops, but in a corrective fashion. What I what to see is for price complete this ascending channel structure its in, and look for strong bearish breakout follow by continuations to short. Thank you
Hello dear traders. ETH / USDT is under consideration - be careful about the levels 1260 - and 1170, they will show you the further outcome of the price. I expect impulse. Now I am expecting an impulse price movement .... because the boundaries of the triangle are compressed.
Hello everyone: Back here with another weekly trade recap video. This week I did enter 2 more positions, and still holding 2 trades from last week. Let's take a look: XLMUSD (Stellar) - Once price impulsively breaks above the HTF flag structure, I looked for LTF continuation correction to get in. I was fine with a bigger SL due to the nature of crypto, and fine...
Hello everyone: 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...
Hi everyone: 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...
Picture is pretty self explanatory. Feedbacks are welcomed :D
Hi traders: 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...
Hello everyone: 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...
Hello traders: GOLD is pushing up and out of the HTF structure it was in. But as always my approach to these type of price action would be to wait for last confirmation. Its good that we are seeing strong impulse phrase on the LTF, but to confirm the HTF run, we need to see price correct here. Any LTF continuation correction would be ideal and add confluence...
Hello traders: CADJPY has made its bearish move down and breaking out of the larger structure. WE see price has already move down impulsively from the double tops, and now is forming a bit of consolidation. This is a good indication that we will likely to see a correction here, and further downside momentum can happen. I will see how this correction will...
looks to me like eth is gonna keep going based on this elliot wave fractal possibly repeating
Hello traders: Litecoin has been pushing up from the bottom, and there were several continuation corrections to push the price up. Now the price is getting close to the previous swing highs now, but looking at all these bullish price action, I expect price to continua its bullish momentum. Ideally is to see price impulse up aggressively, and formed larger...
Hello everyone 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...