#gc1! #gold – After last week’s market selloff which dropped gold price with it, gold created an inside candle on Monday which could be an indication of a reversal back to the upside ahead. An inside candle is formed when price trades within the high and low range of the previous candle, making the candle an inside candle. The inside candle is therefore a two...
#Bitcoin is about to trigger a new sell signal. Just because we operate a long only strategy does not mean we fail to observe bearish price action, or hold on to some limiting opinion or bias. It means we do nothing with the signal and instead WAIT until our criteria aligns for the next swing trade long position. In this video I briefly cover the levels and...
*DISCLAIMER* The weekly candle is not yet closed! That aside, if the weekly candle closes somewhere in the price range it is at right now, we are looking at a very bullish setup. The setup is an inside bar / pin bar fakeout, on the weekly, on major support, and is with the prevailing trend. You really can't ask for much more. It is important though to wait...
ETH is currently hanging on by a thread by holding the very last tiny bit of support within the bearish pennant. Unless price can reverse strongly from here then the chance of price breaking down in the near future remains high. Even if price is able to bounce from here it will face strong confluent resistance at around $225. If price can break and hold above...
GBPUSD‘s inside month breakdown status is about to be an end. Here we got this inside day after daily 8ema correction, I would really love to take the short if it breaks to the downside. If it breaks to the upside first, this trade will be cancelled. Let's see how it goes yo!
NZDUSD has a mixed perspective on the monthly chart, which is the conflict between inside month breakdown and the monthly demand with 0.618. That is, I won't become too bearish on the inside month breakdown. Here we got this daily demand zone pullback, an around 30-pips risk trade. Not a bad idea to long this one and give the out around the 0.6370 spot. Let's...
ETHUSD has thrown an Inside Bar / Hammer pattern. This specific pattern is bullish and would signal a continuation of the prevailing trend. The biggest risk I can find with this trade is that there is significant resistance overhead. Given the significance of this resistance level, if price is able to break through it, it could do so very aggressively. As...
XAUUSD hit the recent 0.618 pullback after the NFP, and had an inside hr breakdown this morning. Here we got another chance to get in the short, which is this 30min bat and shooting star combination! Let's see how it goes yo!
Daily price action made an inside bar right after breaking the 15 week ema and last low. Be careful as this could be a fake freakout on the weekly chart. Will wait for a lower time frame confirmation.
Good afternoon traders, The AUDNZD is creating an inside bar on the weekly time frame. This is a strong reversal signal when at a major support or resistance level. RBA Interest Rate decision next Tuesday. Due to a turn around in the housing market, as well as strong employment figures, the RBA could hold interest rates steady. Jump down to a daily time frame...
Here is yet another feather in the bulls cap. This time it is an inside bar / pin bar pattern on the weekly charts. The weekly signal tend to be strong and this specific pattern combo can have an exceptionally strong breakout potential. Add those two things together and we may be at 200-220 sooner rather than later.
hello. watch this inside bar for a potential reversal to the upside. or to the downside as a sell setup. make sure you know how to trade that candle stick pattern and make sure ypu know how to calculate risk / lot size before executing any trade. tarde at own risk. this is not a trade call. have a nice weekend. and rock on!
In this video I touch on a number of candlestick patterns that have formed on the Weekly, Daily and Hourly candlestick charts. I also point out the *big one*, which is an "inside-bar pin bar fakeout" pattern.
US30 had a shooting star and pulled back a bit yesterday, and here we got this triple inside 4hr. For me a quite interesting trade to take! If it breaks to the downside then I'll cancel this trade
TICKER: $CGC Will history repeat itself? Just like last time, CGC is again a daily inside bar with resistance of $20.28 and support of $19.65. I do expect high volume on Monday, but the break is uncertain until it happens. Don't be bias and watch the charts because price action is KING. I will be watching CGC closely next week and again, will either go long or...
GBPUSD broke down the inside day the day before yesterday to make me turn to short-term bearish mindset. while, after all it's still in the inside month breakout, so I'm still to look for long opportunities. here I got this structure breakout pullback long, quite a nice trade. wait for 1.3090 to long with 15pips risk.
First of all, it's not a Gartley pattern. Well, not even close! While it is still worth some attention and this daily shooter breakout is kinda important, so that at least I will be much more bullish on DXY in today's trading.
Three times tested 1.10100 level. Printed inside bar. If inside bar will work, price can be break resistance level which is 1.10250. Buy Stop : 1.10250 Stop Loss : 1.09832 Take Profit1 : 1.10724 Take Profit2 : 1.11419 R.R: 2.8