'3 Price Note' Are You See Yet?
Today is 17 June 2021
5:05 PM (My Local Time)
Today I Will Show You
About 'Price Note'
BLUE, GREEN, RED
That I Mark Some Price for Play 'LONG' This Day
So What Do You Think #BITCOIN
They Can Go Up Or Not?
Remember ! Play Safe
And We will WIN together.
nasdaq is making a couple tradeable patterns, but all of the action is happening on the lower time frames for me so it's kind of hard to make sense of it on the higher time frames. This is more of a lesson than trading advice. Just some things to looks for when trying to make sense of price movement.
As the stock consolidate for a while and i am having a analysis that is showing it's over for the consolidation and now is the right time to wait for the breakout and to confirm the continuation of the trend to buy it, remember it's always recommended to preserve capital than loosing it.
USD/JPY has formed two nice doji candles on daily TF, rejecting daily resistance and golden zone retracement 61.8% - 70.9%. On 4H TF we see a nice head & shoulder pattern formed in confluence with liquidity zone, a small double top and the trendline. Keeping an eye on this pair to look for potentiall sells upon trendline break. First target will be the next...
After almost 5 weeks in a ranging market, GBP/AUD looks like found its direction.On 31 August a new Lower Low was created and market pulled back on 61.8 fib retracement and liquidity zone and daily resistance. Looking to find short entries on this pair and ride it up to -0.27% extention. #tradesafe
EURUSD overnight set the stage for a high probability sell on the higher time frames.
Although EURUSD has been in a uptrend of late we had a few factors that led us to believe we could see EURUSD move lower.
These factors include the following.
1. We were looking at the 1.2000 big figure level for a while as this level in general could be a strong psychological...
Taking a look at the 1 Hour chart on Gold, it has gone through a sharp drop since breaking its record highs above the $2000 level.
Currently now the price in Gold has pulled back higher from its sharp recent fall and is trading in an ascending channel.
This Channel has completed a potential larger 3 drive bearish pattern in the process. Why we like this pattern...
Gold on the higher time frames has been in an ascending channel after its parabolic rise of late. Many traders are hoping for it to get the the $2000 mark which can make for exciting times for the yellow metal but as traders we shouldn't get caught up in the emotion of this occurrence.
It's easy to jump into a move too early especially when we have a bias for any...
This is a price behavior approach, for education purposes.
The Price will not travel in a straight line, and it takes a great deal of time & effort for an ongoing primary trend to change.
The situation in the Aussie and Kiwi is similar and the approach must be the same, however, we have a hierarchy in our selection whether to buy or sell.
When buying we prefer...
Price has recently been on an up move
Price is at a consolidation box
A break of the consolidation box will dictate our next move. A break with a close above the box will expose us to a buy and take profit at the resistance trend line
Hi guys. Just a quick post to show how perfectly our supports held. We still haven't reached our target zone (see previous posts); however, proper risk management should have dictated that you at least sold a bit of your holdings for profit. I still believe our target zone is in site. And then? One final HUGE hurdle as we look to escape our long-standing triangle...
Here is another look at the rising wedge but this time on /NQ. It is nearing the apex so I would like to some a break out in either direction soon, and I think we will. This is a pattern has bearish implications. It goes without saying, but anything is possible. Still, I am not discounting the bearish pattern.
The case for the bearish rising wedge strengthened today as a bearish hammer has now formed off of the upper channel of the rising wedge. This market has been very strong as of late but the overhead resistance, rising wedge, and now bearish hammer should not be discounted. I think risk is to the downside right now (higher probability) unless price as able to...