Lets make it simple ! All the asset movement are perfectly pre-planned by market makers. Our role as retail traders is to find out next move as soon as possible. Thats why basic trader draw many lines and patterns on a small timeframe, but bigger more important overview of market is lost. Importancy of ascending lines (for bulls control) and descending...
This is the truth. Another great trading day to cap off another green week. We are almost 3 weeks green and we have only learned ICT in about 3 weeks too. If that's not saying something, I don't know what will. Although every strategy can be profitable and profit is within every strategy. Important thing I remebered: "If there is no liquidity sweep, then you...
I might honestly stop posting these and start making my own journal and record them in there, I'm not sure. I love this but I don't want to bombard TradingView with all these videos everyday. So, starting tomorrow I will probably be done, not confirmed though. It was nice while it lasted though!
Alright! Great way to start off the week with the contracts getting huge numbers. Hope success goes everyone's way and let's keep grooving!
SP:SPX Hello traders. Let's take a look at the S&P500 to see if the chart matches the sentiment over the last few days. In my opinion SPX isn't quite ready on higher time frames for serious bullishness. Others may disagree but when an objective method of trend analysis is applied to the weekly chart it becomes difficult to make a bullish argument. When two...
A flat is complete as a countertrend move. Expecting the downtrend to resume or we could make another corrective structure. Hence two TP levels. Risk reward shown on both tp levels. Trading Advice = Never risk more than 2% of your account on a trade. Means your stop loss should never be more than 2% of you account value.
Bollinger Bands (WMA 768) reacting to Fibonacci Ratio Work in Progress...
Looks like Crypto is rolling over. Surprised ? A few could predict the move but a very few who could have capitalised on their predictions. Looks like a Zigzag to me i already had a similar idea before. i know its against the trend but its out of my playbook. Strong Case Points- Centerline Reversal S line making sense. MACD lines are not spread apart....
we are still waiting for an objective break below our green trendline last swing standing (blue zone) to sell this one. keeping in mind that price can still test the upper red resistance/supply zone before going downward. but we will only look for sell opportunities on AUDUSD as price is approaching a rejection zone in red.
Likely to drop tomorrow breakdown on weekly/daily charts, this rally today is an objective shorting opportunity. Don't pay attention to the coronavirus noise this market is overbought and overvalued by every single measure. Not to mention that we no longer have the fake trade deal hype. Crude Oil is also getting hit so goes Crude Oil, so goes the market.
EOS hit both targets! Cha-ching! I put some lower Fib levels to watch for support if the price drops :)
The first breakout to the downside after a period of consolidation hit the target around $4800 and decided to consolidate again around that number. (move marked with green arrows) The second breakout after the consolidation of $4800 reached its objective, which is currently the low for the year. A symmetrical triangle has formed after the low objective was met,...
Sticking with the same chart this week as I posted last week. Price broke through the black bearish trend line and retraced back to the line, which so far has held as support. With the price staying above the trend line, the bulls maintain control of the near-term trend. Momentum is easing back, but market sentiment remains as a "buy on dips" near the trend...
NEO (charted in dollars on Tradingview) is still consolidating, but still has a bearish pattern break. The ADX has run flat as the directional index lines tangle up to show no direction. The break of the trend line was there, and the objective is still in play. There is not enough momentum to switch trend back to the bulls, so a slow move toward the objective...
Price broke the black 61.8% Fibonacci level back in early August and then tested the same line as resistance on a pullback to the line. Selling interest came on to drop the price to the full retracement, as expected post-pullback. Now the price has reversed and busted the red trend line to the upside. The target for this break is marked with arrows and we are...
As you guys can tell, I have been extremely excited lately, and watching bitcoin in good health and strength is really satisfying. Although you can make money at greater speed shorting, there is nothing that satisfies the spirit as a strong bull market. This is the last and the final battle for bitcoins longer term future right here, and its exciting. IF you have...
The EURUSD has been recently trying to retrace after a massive 3,500 PIP drop from May of 2014. During this retracement, a nice Flag/Channel was created and then broken to the down side. Most recently the bottom of the channel has been retested and it looks like the EURUSD is ready for the repeat of history in one of the greatest free-falls in a while. The...