GOLD is overall bullish trading inside the red channel so we will be looking for Trend-Following Buy setups as (if) it approaches our lower red trendline. Knowing that GOLD can still trade higher from here, to test the upper red trendline.
Here are the two strong zones where I will be looking for high probability setups:
I call them War Zones, (highlighted in...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for GOLD, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
I am late of this one.
Nice Gartley Harmonic ( although I would have liked a deeper XA retrace) together with an AB=CD formation.
The oscillator at the bottom has been quite good at calling price strength.
The way I would play this is to wait for the current run to play out then consider a position at point D. (~$51)
Use tight stops if you enter. Expected...
LMND has been in a downtrending channel since March, so we are starting to identify some key Support and Resistance levels.
Recently we have bounced off support line with indicators such as increasing volume, and bullish candlesticks (bullish gravestone doji and hammer).
Target: 84.05
Stop loss: 78.31
It's an absolute joy when I see this chart pattern. I don't know why. I can't explain it. It just is such an awesome pattern.
The analytical portion of me would say it's because this pattern requires the fitting together of multiple pieces, and there is a little bit of delayed gratification in coming to this eventual conclusion.... but let's just say I enjoy...
Tesla.. the stock everyone has an opinion on!
This is a 1 hour chart so it can move quickly...
Nice Harmonic Crab Pattern in play
This pattern tends to overextend to the 1.92 level which in this case is the bottom of the marked zone.
Targets and stop indicated
Wait until tomorrow's (5-7-2021) NFP is out of the way and watch rate direction and broad markets...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
AUDJPY is sitting around weekly resistance in green so we will be looking for sell setups on lower timeframes.
on H4: AUDJPY is forming a channel in red but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it. (projection in...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for TESLA, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for NZDJPY, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
NZDJPY rejected the upper purple war zone and traded lower.
However, NZDJPY is still overall bullish trading inside the blue channel, so we will be looking for Trend-Following Buy Setups.
As per my trading style/plan;
Here are the two strong zones where I will be looking for high probability buy setups:
I call them War Zones, (highlighted in Purple...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
TESLA is approaching non-horizontal support from Daily so we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right?
on M30: TESLA is forming a channel in red but our...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for US500, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
After finishing the dungeon of last days everybody surely can feel the vibe of some dungeon boss appearing but its maybe because I played to much games and nothing is about to happen. Hodling is a way of doing when u are not sure yet what to do mostly for sure.
Nice trades for everybody and much lucky wishs #doggonacci
We were expecting gold to reach higher but there hasn't been much momentum. Therefore, we are anticipating a reversal. We have a major economic news tomorrow - FED speech. Look for momentum towards the downside and enter on corrections.
Goodluck and trade safe!
I think we have substantial risk that we are about to face the largest correction $Bitcoin has seen since the bottom in March 2020. Biden's proposal to hike taxes has roiled markets globally, and specially risk on assets naturally. Commodities are already rallying big and we know inflation is around the corner. I wouldn't be shocked if we saw the top for good, but...
AUDJPY showing us clear impulse and correction and we are currently near the end of a correction. Watch the fibonacci level and top of the correction for sells. If we break down from here, look for a bear flag on the smaller timeframe.
This set up is similar to the NZDJPY and EURJPY set up previously posted. See below.
Goodluck and trade safe!
Falling wedge has been broken, and now it seems like Heroes are accumulating HEGIC around curent price. After breakout from the BUY ZONE, possible retest of it's upper edge, before going up again (as future price projection shows). On Binance, the HEGIC is not even in USDT pair yet, so this is early bird and potential X-bagger, aye?
