BNTX daily shooter after all time highAfter the encouraging news on Monday to gap high to all-time high,
BNTX has formed a daily shooter.
Not a crazy idea to long the breakout and aim for the completion of the butterfly.
Let's see how it goes yo!
Inside Bar
GA pullback & movePrice broke 1.787 level and made new low at the weekly key level at 1.75 . After this price has been on a rally to the upside creating new prominent highs at 1.853 . Price retraced back lower breaking the trendline with a huge shooting star telling us that the bears are in control of the market. Weekly closure has formed a bearish engulfing . Also the moving averages are crossed . Looking for the weekly level to be met at 1.78687, but before this I do favour a small pullback to the liquidity area to find the right momentum to drop the price lower.
#tradesafe #theforexdaddy #tfd
Double Inside Bar Formed at Daily SupportPrice action on this pair has now formed a double inside bar pattern on the daily chart.
This is a pretty rare pattern because whilst we will often get a series of candles that are formed inside one large candle, they are not often consecutive inside bars.
This pattern is sitting directly on the recent resistance level and new price flip support level.
If we can see this level hold, we could see the pattern break to the upside to activate potential long trades for a run into the overhead resistance.
Thanks for your like and support....
Bitcoin - Keep your eye on 4 hour inside bar for direction Bitcoin is currently printing a 2nd inside bar for us to decide which way Bitcoin may break.
Watch for a break if we move past the high of $13,387.30 or the low of $13,149.43 from the previous inside bar.
Whether we break bullish or bearish, I would still expect us to stay within the broader tightening equilibrium pattern for now.
Current equilibrium resistance is $13,687.82
Current equilibrium support is $12,976.29 and then $12,891.57
Good luck trading.
XAUUSD hourly shooter after inside week breakdownA very good trade on Monday morning !
XAUUSD had broken its inside week to the downside earlier, which created a weekly bearish perspective on it.
Here we got this hourly shooter right after that, of course I'll be willing to the this trade!
Let's see how it goes yo!
NASPERS - Inside week #theStrat- Naspers is still trading inside last week's range
- Note where we are at the upper end of the broadening pattern
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:NPN
CHFJPY 4hr bearish bat and inside 4hr combination shortCHFJPY has a 4hr bearish bat and now it has an inside 4hr.
For the past a few time, it respected harmonic patterns quite well,
and this trade also have enough EMA correction room for the inside 4hr trade!
Let's see how it goes yo!
AUDJPY to Resume DownsideAUDJPY was held above 75 since the end of September but finally submerged below last week.
The market has pulled back to 75 and it faced rejection early in the Asia market together with an inside bar reversal pattern and a falling trendline.
Look to sell AUDJPY now with SL just above 75 or 75.3 for conservative traders. The primary target will be 72.90.
*AUD was the weakest and JPY was the strongest among other major peers last week.
AUD/USD Possible Daily Downside BreakoutKey Points:
- Inside bar setup on 10/13 and 10/14.
- Price action is occurring below the 50 MA and is showing a trend line break to the downside.
- The daily does have some past support around 0.7140 price area.
- If we break below this support its possible our first stop is 0.7100 then 0.7005.
GBPJPY inside hr after inside day breakdownGBPJPY had broken its inside day to the downside earlier,
it pulled back a little bit afterwards, and now has an inside hr.
I'll be willing to short this inside hr
let's see how it goes yo!
Canopy Growth Corps. (Double inside bar -daily) En cycle haussier dans une tendance baissière majeur, il y a un double inside bar daily. Si le haut de la première inside bar est brise il y a de forte probabilité que le titre poursuivre son cycle.
LINKUSDT consolidating. Next leg to target 13.80?Inside bar forming just above support. A bullish follow through from here should open up next resistance level as target (around that 13.8 area).
ATOMUSDT: Clean neckline break on this inverted H&S!Looking for a neckline re-test here but bull breakout may be too strong for that. Alternative buy setup is this inside-inside bar setup forming on the daily chart.
AUDNZD inside 4hr after inside day breakdownAUDNZD has an inside day breakdown this morning,
and here we got this inside 4hr.
Pretty much a standard trade to take yo!
Let's see how it goes!
AAPL inside week before ERThere are still about 3 weeks before AAPL's earnings report.
It closed as an inside week yesterday,
I'll be willing to build some long position if it's able to break to the upside.
While, as ER is around the corner,
I won't take too much risk on this trade.
Let's see how it goes yo!
