Wave 5 have hit a %161,80 on fibonacci level. set up from, wave 1 to 3. a correction may have started. we will see. People have gone crazy over bitcoin and it can drive the price higher to aprox 8000$ before we will see a correction of A,B,C. The C wave will be a bit higher, i will try to update a new chart if this happens. Scroll around on the Chart, and...
Good afternoon everyone okay looking at usd yen we are in a down trend is what it appears me , however here are a couple things I see : we are in a channel down : down trend now if this breaks this channel as I have shown I will wait for the retest along with putting the stop just below the previous lows as shown and go long or if this market reacts...
A good example of why I do not use hard stops. I use alerts and watch it closely as possible when the alert goes off. I usually reset a new alert lower that is a "get out no matter what level". Stop was briefly hit twice. After it reverses I set my alert back up and continue on. This my new, shorter term strategy I am developing. I will do a blog post at...
Hi guys, and I hope you all had a great weekend. NZDUSD looks good for some downside. I am expecting a move to the lows of the range. The price should break down, correct, and then have another down move where I expect price to finish at the mean price level. There is also lots of structure at the mean price level so this is a good indication that the target we...
Creo que aún se pueden aprovechar algunos pips I think we can get some pips! I hope my wave analisys is good!!
Could be a strong buy signal for Daytrader, if its a Breakout. Good material to learn from.
Hi experienced traders, need your help and opinion on this Deep Crab regarding AB=CD projection, equivelant AB=CD and alternate 1.27 or 1.618 AB=CD are below PRZ, what do you think? I still don't get it clear about AB=CD within PRZ !!!
EUR/CAD D1 bullish channel. Great risk reward!
bat pattern was created and my buy stop order filled. Still learning to trade and learning Harmonicpatterns..
Went short at 0.86539 (382 Retracement Level) with a stop-loss at 0.87616 and a profit target at 0.83023 (Current Support Level). Then I made some Prediction on market movement and future entries. Red Arrows are Short Positions Green Arrows are Long Positions Blue arrows are stop-loss areas and Observation areas before making entries. Mainly using Technical...
Very easy pattern recognition here. Lets see if we get another move down before breaking out of our trend continuation pattern.
Full 12/15 machine learning predictions: i.imgur.com Message me to request a specific ETF to be added to the analysis. Happy trading
H4:MACD Bearish crossover: 1. PA < 5 pips (candle stick): Strong+1 2. Double confirm: Ichimoku Bullish (WEAK-2) 3. D1 Bullish: Weak-1 4. Crossover at .0008: Strong+1 5. Crossover sign changed: Strong+1 MEDIUM H4:Bullish crossover Strength relative to cloud: 1. Price action above: Weak-1 2. Chikou span above: Weak-1 3. Crossover within: Mid WEAK-2 SHORT:...
Preconceived ideas, notions, and predictions of markets are the biggest impediments to profitable trading. Like any other addiction, staying away from such things is a daily, hourly, and minute struggle with constant painful reminders...
How do we determinate which one is the correct channel? Is it the red or the yellow one? If the correct one is yellow, then the channel has been broken, a signal that we should start considering a short position, meanwhile if the right one is the red one, we could conclude that we are still going up at a steady pace and we would go long. Trying to learn! Please...
Potential short position as trend breaks support and makes bullish move to retest previous support which I believe will lead to bearish move although there is no indication from my technical indicators.