Three white soldiers on the 1h time frame indicating a reversal of the down trend and hopefully we’ll see more movement to the upside extra confirmation would be if the trend is broken and we will be looking for an entry at the retest , ensure proper risk management
Hello traders In this analysis, the Pending order scenario with SL 16pip follows the scenario PO at that price is already listed on the chart TP 1st , 2nd , 3th are already on the chart . Full target with the assumption of shifting the SL to the target that has been achieved so that if the price changes to Pullback the trader will save profit. please for...
SPY swing lotto 9/10 $450 call after this mornings' flush entered after confirmed green candle following hammer candle on 1 hour. Break below 449 invalidates trade, target 452+
Daily Chart: The GBPUSD has been one of my long-term pairs, the Daily chart is still bullish, we have seen the correction of the HH Last Action which retraced very deep. Price again rallied to give us wave one of the WOS. Now the correction is trading at 50%. 4Hr Chart: The trend is up price has retraced nicely with a clean corrective wave down without breaking...
A three inside up candlestick formation was completed on August 23rd, on the daily chart, signaling a possible reversal. Later on September first after some nice upward movement, again on the daily chart, the Lux Algo flashed a strong buy signal. A day later on the second a somewhat contradictory signal flashed, the completion of a sell setup on the TD sequential....
HeroMoto Bullish above 2850 day 1 close Target 2905, 3200+ SL : 2772 Falling Wedge pattern breakout with Bullish Belt Hold Pattern candlestick and Rsi is also crossed 50 Levels. and The Most Important is Weekly chart Morning Star Pattern Found. Risk is yours and Reward is too yours totally Time Frame: 3 months to 12 Months.
Friends I hope you are feeling kind and generous today to give the idea the likes and comments it deserves. Analysis on #EURUSD the EURUSD moved as predicted in my recent analysis and now reached the predicted target before it started to move down. (the link for the previous idea is below this one) today, the US market is closed and liquidity is low, the real...
Hi, We got a Bullish Shark harmonic pattern forming shortly. A sharp decrease in price rapidly means to look at the PRZ carefully. As according to Scott Carney, harmonic trader from HarmonicTrader.com, tell us, to wait until the 1.618 extension of the AB leg before looking at for a potential entry. In addition to a 88.6% retracement minimum of the XA leg. Profit...
Good day! Firstly I would like to say that shark pattern is a bit dirty as CD gone far away deeper than 1,13 of XA , but it rebounded from 2,24 lvl of BC so I think it is a shark(as other lvls are good). Secondly here is a great possibility of double top. And thirdly we should not forget about ascending wedge breakout on 1D chart. Also the current crab...
Market is in Buy on dip mode only one Hurdle 17000 17000 Is a Psycological Resistance. 1.If Market opens Flat then it will slowly go to 17000 level . If it Gets Rejection then and then only PE position Otherwise Buy on dip 16880 now Becomes new support if market comes to this level possible reversal will be there 2. If market stays above 17000 for atleast 1 hr...
Favouring buys for US30. Marked out bearish scenario because the market doesn't always do what we expect it to. Do not get too attached to the market moving one direction. Have a good week :)
Even though we held on to a 400pips move in our direction since my last publication on this pair; a sudden breakdown of Channel and Trendline coupled with the appearance of a Head & Shoulder pattern (see previous publication in the link below for reference purposes) insinuates a bearish momentum is imminent. Further consolidation amidst a mixed outlook remains the...
We are yet to open a long term position on this pair since my last publication on this pair as the price is yet to do a significant breakout of $1.18500 as expected (see link below for reference purposes) but the current market structure suggests that the "wait" is about coming to an end as I anticipate a significant breakout of Bearish Trendline in the coming...
With over 400pips move in our direction since my last publication (see link below for reference purposes); The selling pressure surrounding the Japanese yen continues to increase in the latter part of last week trading session and It appears that the Euro has finally found support at Y128.000 with a high probability of a Bullish momentum in the coming week(s). ...
It is over 250pips move in our direction since my last publication (see link below for reference purposes) and the appearance of a strong reversal pattern (Double Bottom) at this juncture in the market suggest a trend reversal is unfolding as price continue to find higher-high since hitting a bottom @ $1.36000 a couple of times. The British pound spiked a bit on...
On the weekly chart it seems a possible head & shoulders pattern is forming if we cannot break above 63 with increased bull volume to test all time highs. Although price is holding above the 10/20/50 moving average nicely on the weekly with a nice spike in bull volume which could give it some momentum to test resistance at 63 and possibly breakout. If we test...
$PENN is forming a triple bottom and showing signs of a bullish reversal soon. Entered OCT calls. A break below volume shelf invalidates trade. High reward low risk in my opinion.
The price of Bitcoin seems poised to resume falling over the next several days. The most substantial piece of evidence is the fact that a major ABCD pattern was just completed below the 61.8 per cent Fibonacci retracement level (as measured against the broader downtrend) at 51252.5. This implies a very probable bearish reversal. Moreover, the peak of the ABCD...