Here on NASDAQ price is once again at the top of the overall structure.
From my 2 previous short idea, they all hit the bottom of the higher time frame ascending structure, but did not continue lower.
This is simply a sign of the HTF correction phase isn't over.
Now, we are once again at the top, and bearish price action has begun on the LTF....
$NVDA Elliott Wave Analysis
Nvidia broke out to ATHs and I was able to profit off the move thanks to Elliott Waves! Elliott Waves are a great form of technical analysis to identify when the price is beginning an uptrend (Impulsive), as well as when finishing a corrective phase.
this analyse is based on ichimoku and priceaction .
based on weekly ichimoku you find out there is a great reverse and now there is a realy strong resistance on the last week ichimoku .
the only way price can go to is the marked target and for that it must break the line that is shown which is not that hard...
if there is any questions just ask me.
this analyse is based on price action and ichimoku on USDCAD.
in weekly and monthly timeframe there are some strong resistance which are strongly reactioned when they are touched .
also you can find out it has a big switch based and its daily ichimoku.
first target is about 800 pips higher then here and it cant go down for more then 250 pips.
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE POUND / AUD .
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS...
The greenback appears to be building on structures supporting a rally in the coming week(s) as the Nonfarm Payrolls report draws near.
The price travelled in the opposite direction since my last publication as $1.40000 remains a strong Supplication level ( see link below for reference purposes). A sharp rejection of $1.4000 followed by a significant Breakdown of...
I am waiting patiently for my ATR levels to be broken so I can look for potential sells from the retest of structure, this could be a great trade to start the week off. We will see a lack of volume in the markets today due to the US Holiday but fingers crossed this still goes in the desired direction.
According to COT data source - 60.2% short
All travel from Europe to US suspended
This step is in my opinion a good precaution to stop the corona virus from spreading across the globe. But what does this mean for the US economy? A severe blow! Bringing a big industry like intercontinental airlines to a 30 day halt will have economical consequences. Also it is not just this industry but also all the...
GA is in a beautiful ascending channel on the 4hr and 1hr time frame.. weekly and daily chart also bullish. I'm waiting for price to reach the top of this channel again and then shorting GA around 1.78950 where the highlighted resistance zone is placed. Lets see if this ascending channel continues or we see a breakout above or below it, if that occurs then...