I'm actually new in trading filed, i learded trading from different sources, colleges, online courses and experiences in forex market (and yes that was a fault for a beginner) , now i'm more interested in stocks and learning step by step, I'm basically like technical analysis and want to share my though with trading community
What's going on traders,
Here I'm going to give a quick overview of the long term trade I took on GBP/USD. Here we're looking at GBP/USD on the 4H time frame. As you can see we have a falling wedge forming on the 4 Hour time frame on the pair. I was watching closely what price was doing. Price was begging to respect well-known zones that I had marked up from...
using the Pitchfan fib I have a projected price range for Cardano taking into consideration Bitcoin hitting its Stock to Flow price target of $93,000 by 2021 and a $250k Tim Draper 2022 prediction and a Pantera Capital Super Cycle price of $533,431 (slated for 2020 but I am a little skeptical of this prediction).
keep moving in the triangle
sellers are not visible
the probability of a bullish mood is higher
just remember that the market is not a friend, but a live ecosystem,
takes away from some and gives to those who adapt to the market.
how do you think my thoughts?
USDJPY POST ANALYSIS (FROM 8/26)
I had posted a trade on August 26th for a potential long on USDJPY. When looking at this pair I had seen that overall on the Daily time frame it had been an a uptrend. Trading is all about probability so I used the fact that price is more probable, if buyer interest is shown, to go to the upside. The Daily chart had displayed to...
NZDUSD SHORT POST ANALYSIS
I never posted this trade on TradingView but I wanted to make a post on it so you guys can see what an ideal trade may look like. I don't post every single one of my trades on this source due to the fact that it is a free source. BUT I want to be posting my trades on here for educational purposes as well. So for this trade setup I was...
BTCUSD LONG 8/11/18
On August 11th I had made a post on analysis for a potential long opportunity on BITCOIN/DOLLAR. I had based my analysis on the momentum that was shown by the buyer on the 1H Time frame chart. The momentum showed me that the buyer was interested in this pair around the 6200 price level. Whenever you see such strong interest in a financial...
Stock looks like it's finishing wave 1 of wave 3 of a higher degree wave 3, possibly forming and finishing an inverse head and shoulders formation with the start of the third of the third of the third (wave).
USDCAD BUY ANALYSIS
*Strong buyer trend to the upside
*Institutional buyers on daily with strong momentum
*Strong push by the buyers
*Aggressive V-formation with strong buyer strength
*Higher High Higher close on 4H chart
*Precise entry and exit
Always make sure to have a trading plan. Stay discipline to trade what you like...
BTGUSD Update Neutral to bearish near term
Left this awaiting a successful break of the parallel to the
upside having bought again around 290-288 - but the break
was dud at 303 first resistance with a couple of tiny pin bars
(like BCH, too) showing rejection....over about 3 hours so
giving loads of time to see the top/resistance forming and
Just two sessions ago the AUDUSD carved out a bearish pin bar from support turned resistance. The trade has played out in textbook fashion so far, and now it seems the AUDJPY is following in its footsteps with some bearish price action of its own.
The rising wedge that extends from the December 2016 low broke down yesterday. These patterns often signal exhaustion...
We broke the trend line on 4h chart yesterday.We are still under a bearish cloud. Conversion and base crossed indicating a down move.So we could be retesting the trend line before we go long. Yellen is speaking also today,so i think this could be the turning point.Until then #tradesafe