The higher low in november 2020 showed a break in market structure from a long downtrend since mid 2018. A higher high followed in december 2020 which was the first confirmation for a trend reversal. The next higher high en higher low fully comfirmed an up trend, which is still going strong and recently gained a multi year weekly resistance zone , which is a very...
ABT looks interesting, and it is worth to keep an eye on it! We have a pivot point at 109.52, and this might push ABT to higher levels. It must not break the 107.61, because we have a huge head and shoulders pattern here! In the 4h ABT just hit one of the fibs retracements, and now it is ready to trigger the pivot point at 110.86. If it breaks the first pivot...
With my easy strategy, I am covering both ways incase any situation like this happens. Just simple! Simple Price Action strategy that covers both buys and sells so you can never miss an opportunity. Remember small losses for those big gains. Look on my 'about me' or my bio for more information if you want to know how this works. Message me if you want to know...
💡 Trade Idea 📉 Buy Limit ETH/USDT @ 1183.14 🎯 Target Profit 1278.53 🛑 Stop Loss 1153.29 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price has moved to the upside, now it is forming a range, a small correction might be posted, then we expect buyers to come back and push the price to the upside, and we might seeing...
💡 Trade Idea 📉 Buy Limit IOTA/USDT @ 0.2781 🎯 Target Profit 0.3677 🛑 Stop Loss 0.2498 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price managed to break and close above the white trendline by posting a bullish engulfing candlestick. A pullback has been noticed to the 61.8% level (0.2775) indicating a potential...
after a long rally journey, gold formed bearish outside bar and inside bar combo on the daily timeframe followed by strong momentum bearish candle, from my own perspective I only sell if the price successful to breakout the trendline support structure. **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided...
Plan: support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
The big green box is the sideway bounce on the daily timeframe. A bullish shark check-back set for a buying opportunity. If the market head up to the 5-0 pattern then a shorting opportunity may present itself.
AUD/JPY overall down trend .compare LL and LH level coming strong buys power but now increasing buys power you can see it wedge pattern .wait for breck down double top or head and shoulder create .and after confirm reversal idea .
What a great week. Hard to walk away a loser after softballs like that (but it happens). Exited with 42% profits after entering on the 6th of January (see pasts post). ETC was the clear winner for me. I entered and exited multiple times and had great gains. Played BTC, DASH, AUGER, XRP, XLM. Missed the DASH pump from $88 to $140 by 1H (sold right before),...
Gbp/Cad Tyree Thomas Jr uses the Kobane Trading Plan 12/08/19 to analyze the market for a buy. My Mentor Curtis Kobane Branch taught me his strategy and he also teaches the Trading Plan on live on IM Academy. I used trendlines, the Fibonacci retracement tool, support and resistance lines, and market structure to do my mark ups. The buy entry, stop loss, and take...
reasons to buy 1- rsi divergence 2- break of resistance 3- break of long term trend line
Hey Everyone, USDJPY is expected to reverse as it has reached the Daily Long Targets and as well as Dynamic Resistance, where on 240M Chart Harmonic Pattern - BEARISH SHARK is Identified, SELL USDJPY NOW or 112.091 STOP LOSS - 112.570 TARGET1 - 11.178 TARGET2 - 110.689 More updates will be posted under this thread, have any doubts? then, let us know in the...
Daily chart is very interesting at the moment , it give us a clue where are the areas to enter the market for big returns . Combining this info with lower time frame like the 4h and 1h / intraday day technique can provide a really good opportunity for us as traders , so be aware of these levels and take advantage of them . What do you think ? Best of luck :-)
Price is continuing to pres against the sliding parallel, and we are not breaking higher. Look to see if price can break this area, or if we will fall ower under the median line.
Price extented to touch the upper sliding parallel that has hit as resistance before. Look to see if price will come down to hold support at 2585. If we do hold as support there, look for possible continuation higher to try to test the upper median line.