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...
SOXL retracement trade to start off the week. Week will probably turn extreme bullish around tuesday / wednesday. This is a quick scalp in the first hour of monday. Playing with puts.
Wait for structurebreak and treandlinebreak GG Ez MatrixV
Finally we have a nice bullish pullback. Pullback doesn't mean bullish trend guys. Patient is the key to be profitable. Just follow my boxes and you'll be good. All you need to know to trade safe and with profit.
Notes: * Strong up trend on higher time frames * Excellent earnings track record * Basing for the past ~10 months * Forming a cup and handle pattern while basing * Printed a pocket pivot signal, indicating institutional buying * Volume on the daily and weekly time frame seems to be increasing as well * Strong resistance around the $90 area Technicals: Sector:...
Hey guys, hopefully some of you may have got entry's on this one, I think I've covered it at lest 10 times ahah, if your not in a position look for a retracement and the next leg.. simple market structure!!
23,6% we have the main resistance 38,2% we had the last support that already is the new resistance, and the 50% the support, with some shadows candles testing it. If 0,5 is crossed this have a big probability of being the next resistance. We believe two options of testing the support and resitance, however the 0,382 seems to be a strong resistance, tested several...
So this is my idea on what we are about to see happen for XAUUSD once the markets reopen. Since we can see a double bottom has recently formed I am thinking that we are in a prime position to see a 50% retracement from here before bouncing back up towards the next noticeable resistance area around 1681. Let me know your thoughts and feedback or even just a quick...
Hello traders! Welcome back to another episode with analyst Aadil1000x. Yesterday there was some tricky move but the A1000x strategy was able to detect it perfectly and we moved with the market and today BTC is ready to cover yesterday's dip. Today's move is also tricky let's see how it moves. Don't forget to hit the like button and follow to stay connected
Hi traders. That's my idea for GBPUSD for a short-tirm buy opportunity up to the recent highs, considering TP levels at the blue horizontal lines. The price is at strong Fib retracement level of 0.5 regarding the last big impulse move of 4H chart but it can retrace a bit more to the second path I drew. Let's see how things will occur. Goodluck!
E've been comparing recent BTC capitulation and now accumulation at the lows with the one in 2015. They are very similar in accumulation structure as well a how deep both capitulations went. Don't get me wrong, i don't thing this is a true bottom formation like it was in 2015 leading to the next bull run, but only forming a local bottom that just happens to be...
Notes: * Very strong up trend on the weekly/monthly charts * Great earnings for the past few years * Basing for the past 19 months * Creating a cup and handle * Trying to break out of the handle * Strong resistance around the $85.4 area Technicals: Ticker: $ENSG Sector: Healthcare - Medical Care Facilities Relative Strength vs. Sector: 28.52 Relative Strength...
The change in the market was signaled by the break in structure and now we're waiting to see if the buyers will step in again.
Eur/Usd 15m Chart Im long Eur/Usd We have seen CocH ,BOS on M15. M15 Demand mitigated M1 BOS Countertrend trade on HTF, playing the pullback to the H1 OB above LTF Charts below
as per my analysis , ITC give chance to buyer by retracment . 296 is target
EURUSD has completed the retracement right at our entry suggesting a strong bullish move towards the monthly resistance of 1.01202. Long orders with take profit levels as highlighted on the chart.
Still not in a short position but was expecting to see this push down. Just thought id break it down and show the next couple areas I'm interested in, long term I see the trend continuing but ill be looking for longs on the retracement just in case.. always remember to trade with a plan and stick to it!