I'm usually looking for my trades between 7am-12pm. Initially was looking for a BUY but the sell setup took over and I needed to remind myself of what it looks like when a +FVG.
Bullish POI, where I would normally be looking for a BUY entry and target the last highs made.
Price traded through the Bullish POI, a +FVG, then we traded retested the lows of it...
US30 BULLISH RETRACEMENT possible on 4H Chart
Looking for rejection and buy signal at end of retracement for Long position
Retracement may happen at 34000.00 or 34300.00 zones. Will look for rejections and buy signals in these zones.
Dow Jones industrial average index has lost its February 2020 support. As this support did not hold i am convinced that the oldest US index has begun the great depression, not recession but depression. You can already see what fiat pairs with the USD are doing.
The run up was just phenomenal to say the least. We've been essentially parabolic since 2009, with the...
Bullish Uptrend on Monthly and Weekly charts.
Good Intraday trade on Probable Bearish Reversal return to FIB levels.
Retracement on Weekly is probable.
Short Intraday Trades on Weekly Retracement back to Weekly MA/EMA line 21 50.
If retracement happens then we will switch to
comments under the first chart :
As stated on "some grey eminences making too much money"
I d just say "some banksters got in BTC, and they overbought, too much. now they will give the option to their customers.
Banksters are well know to bet against their customers . . . the next few days could bring surprises.
The price has finally hit the bottom, temporary as it may seem it's cause the area where the horizontal green and faded pink is where the price has hit twice before making it a solid area to bounce. However the overall trend is down especially after the symmetrical triangle got pierced and crabbed until the recent fall. Now the triangle is a descending triangle...
I am expecting some bullish pressure from the USD this week.
-Therefore AUDUSD should make a bearish move
-I am looking for a final bullish push that will ultimately respect the above level of resistance
-Once price meet resistance, I am expecting a bearish move that will test the previous level of support which will test the previous high.
- I think price will...
GBPJPY has performed a quite bullish price action. But the market makers' game is usually trapping the retailers on Mondays and reverse the trend later during week. So, I am sceptical.
The pair definitely needs corrections and that is not only an opinion of mine.
It is overbought so many big players will close their profits pretty soon. However,...
downbeat US CPI data about inflation led a market rally which bulls are looking for clues to extend. There was a classic textbook double bottom after which the downtrend reversed into said rally. I myself caught a buy from 1712 to 1731 which was nice. I expect a retracement to 0.786 and probably price consolidation for the next day between 1 and 0.786. When the...
NEW CHANCE FOR THOSE WHO MISSED OUT THE FIRST MOVE UP!?!??!
IF you check out my older XRP ideas.. you will notice that I caught XRP from the very very bottom (all in buy zone on the charts) and made an amazing GAINS with people who followed me.
As you can see volume is dropping and buyers are getting weak.. We might see a retracement on this pair as SEC lawsuit is...
CVP priced in ETH looks like it got a pretty decent pullback to the 0.886 Fibonacci level. The OBV indicator looks healthy. The market cap is only 17 million $. Team looks operative. This thing could explode. Volume looks good too. I've set my set orders already. You can find this coin on Binance.
I don't see the XAUUSD or Gold contracts rising much more.
We've retraced the 61.8% and yes, if we get a close above, we could go and test the previous swing high. But currently the price action appears to be stalling at the previous market structure.
No trade for me today but I will be looking for a continuation lower tomorrow if these current levels hold.
Here are my thoughts on an AUDUSD sell trade idea. As we can see, market structure is headed down and price is in expansion from the consolidation. I think that it will take out the liquidity and hit supply sometimes around New York session that continue down with higher timeframe structure. If you are familiar with the price cycle, the zone gave us consolidation...
Has GBPUSD bottomed? Price action suggest that it has. Since GBPUSD dropped to $1.036, higher lows pattern have formed WITH contracting pattern (tightening). From that pattern I drew a trendline.
Price broke the key moving averages confluenced with the trendline break. Currently price is retracing back to its mean 50/100/200 after testing several times the $1.163...