Rectangle
EURJPY - Bullish Breakout Opportunity The EURJPY has recently broken out of both a period of consolidation as well as a previous level of resistance & I'm now looking for a bullish continuation up to the 132.50's level. After the initial break I'd hope to see some relief in price in a form of a pullback back into the level of structure that was just broken & that's where I'll be looking for my entry for a potential move higher.
Originally I was looking for the 132.60's level which is a power level of past structure but seeing how a 1.618 fibonacci extension rests right below that level I see that has the safer area.
Question or comments, please leave them below and I hope you guys enjoy!
Akil
XRP/USDT Rectangle Chart PatternXRP/USDT Is forming a Rectangle chart pattern in 1 hr time frame.
A Rectangle is a continuation pattern that forms as a trading range during a pause in the trend. The pattern is easily identifiable by two comparable highs and two comparable lows.
Do the confirmation using MACD indicator and the EMA indicator
The expected breakout profit is 5 percent in few hours !!! If its a real breakout
Please comment your opinions and suggestions
LINK/USDT PUMP !LINK/USDT Pair on 1 hr time frame is forming a rectangle chart pattern as shown in the video.
A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels.
Wait for the MACD line to go above the signal line. Put your stop loss at 2 % Risk
Comment down your suggestions and opinions
Have a nice day
BTCUSD: just a pause or we can go short?Hi Traders,
This is my view on this cross for the next few days.
#BTCUSD
Waiting for the structure retest to go short if the bearish environment will be confirmed
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Trading Kitchen
TESLA ANALYSIS: STOCK MARKETHello everyone, I hope you all enjoyed your three day weekend! Here is my analysis on Tesla, please let me know in the comments below on what you think of this video.
This is not financial advice it is up to you on what you want to take on it but I would love feedback. The purpose of these videos is to help educate the public on how I see trading.
I also want to say thank you all so much for all of the support and love, I was in a great slumber and now I feel more motivated than ever with all of this support!
~Master Chef out.
P.S. If you want to know why I call myself Master Chef lets get this video to 45 likes and I will let you all know!
Setup examples CBRAIN, EVO, KINDRED, INARI, OAC, POWERCEL & moreSetups walktrough, showing patterns in context for
Cbrain
Evolution gaming
Kindred
Inari
OAC
Powercell
Pexip
Photocure
Probi
QLife
One thing that every trader should do when trading pullbackIn the trade review section, I will explain in detail the one thing that every trader should do when trading the pullback in order to increase the winning rate. Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 9 Oct 2020 trading session. In this video, I am going to show you the market recap during the last session and trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Check out my daily market analysis video in the last session if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3450–3480; Support: 3420–3430, 3400, 3300–3320
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
EURUSD waiting for the sell setup to formon H4: EURUSD is approaching a strong supply zone so we will be looking for objective sell setups on lower timeframes.
on M30: EURUSD is forming a trendline in red but it is not valid yet so we are waiting for a new swing to form around it to consider it objective and then enter sell on its break downward.
Altın Teknik Analizi - Gözünüz Banka Haberlerinde OlsunAltında bir süredir devam eden bir bant hareketi var.
Dikdörtgen şekli oluştu.
Bu şekil yukarıya da aşağıya da kırılabilir.
Kırıldığı zaman da büyük bir fiyat hareketi yaşanır.
Temel analizde ise gözünüz Asya, Avrupa veya Amerika'dan gelecek bir banka haberinde olsun.
EN is going to Infinity and BeyondEN has been in a consolidation box since 2011, (when i started high school) it broke out of that box at the beginning of March and is currently retesting it, we have seen a failed attempt to re-enter the box(4/28 17:00- 4/30 13:00 UTC -4) which acts as a spring based off our wycoff principles. The aforementioned fakeout to the downside acts as the beginning of a potential bullish channel. The fib is currently rejecting the 61.8% zone off of the last bullish impulse. At the very least I would expect in to retest the top of our H4 consolidation. SL may be a little tight and I won't be trading with one.
HOW TO recognize TRADING RANGE - TREND is your FRIEND!Hi traders,
I didn´t open a trade yesterday, so I decided to record an educational video for you.
My favorite topic (and very hard to implant for many traders) is TRADING RANGE.
The most most most crucial ability is to recognize if you are in a Trading Range or in a Trend. Every stage of the Market requires a different approach!
You can find a lot of complicated tools on the web that describes Ranges... Why make things complicated?
My tool is simple - Swing Highs and Lows. They tell us everything about the market.
I focus on the theory followed by examples on the SPY ( AMEX:SPY ) chart.
Happy trading!
Jakub
FINEIGHT
Should You Be Angry At Your LOSSES? - 04/28/20 RECAPHi traders,
Tuesday meant 2 losing trades for me. Should I be upset? Well, there's no reason as both of them were according to the plan! If I broke it and won I should be at least a little angry with myself. Had I broken it AND lost at the same time, I should have been really furious.
The trading plan gives you psychical support even if you're losing.
Today's trades:
1) NYSE:CNK - LONG @14.47, SL 14.07. Good setup that gave in to the SPY falling off the open. -1%
2) NYSE:CCL - LONG @14.46, SL 14.06. Basically the same but later - it was holding strong DESPITE SPY dropping, an eventual turn in market direction would cause CCL to be a great winner. -0.93%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: -1.93%
Total PnL for the week: +0.89%
Good trades,
Tom | FINEIGHT
TAL confident TRADE - INSIDERS FOMO entry???Hi traders,
this video is slightly different because I would like to show you, how I analyze the market.
Everything starts with fundamental analysis. INSIDERS are NOT my FRIENDS , but they know, what´s happening in their company. And I want to play like them .
TAL ( NYSE:TAL ) trade was really interesting for me. I saw higher prices and INSIDERS rapidly increased their LONG positions.
Compared to the SPY ( AMEX:SPY ) market, decline of TAL was very small! Another LONG sign.
Once we have the fundamental analysis done, we can move on to the Price Action analysis (Support/Resistance, trend-lines, value area, major highs/lows).
And what are the parameters of the trade I took?
Entry: 51.74
SL: 44
PT: 67.01
The video describes what am I focusing on in the markets and I hope it will help you in your own trading.
Good trading!
Jakub
FINEIGHT