Short: 5.010, SL: 5.035 , Long: 4.891, SL: 4.886 Leverage: x5 - x20
Hi All, If you refer to my previous post, I called it part of the Livermore structure and so far its holding true. This chart now shows another component which is the 3 Drive wave pattern and has 2 targets, 1 being displayed here. Its a trade no-one should miss especially if its doing point 7 of a Livermore pattern, yet to be confirmed. Previous posts links are...
The number one thing to understand about what's about to happen is this: Bitcoin is not bullish. Bitcoin is not bullish, but price is going to go up. It goes up for the same reason that the knife on a guillotine goes up before it drops and severs heads. You shouldn't have faith in cryptocurrency. Whatever brought it to this world, it is not what it once was. If...
Head and Shoulder formation Neckline has been broken from the downside, now giving us a retest Possible Three Drive to favor the Bears
We see the pennant has been broken from the downside A possible retest to give us a 3TR (Three Drive) Possible Bearish Channel formation
PAIR REQUEST a bounce on that support to give us a 3 Drive Qml also in view to favor the bears
Is that a FAKIE ??? Well if so, we looking to ride the bulls with this. 3 Drive and Elliot wave in view, Wedge concept determing our target point.
USDCAD giving us a Possible 3 Drive Inverted HnS also in view Pair is to complete a Harmonic pattern
As we see the price trend changed after the three bottom and breakthrough the resistance. So the price return to long trend.
The pair has configured a 3TR Bat pattern also in view Will be hoping to see the bears taking over this coming week.
NFLX long into earnings, three drive pattern bullish
We are updating the bullish trade idea we posted on GBPJPY on the 9th September 2020, price came right to this level and started to bounce higher. As we mentioned in the original post, if price dropped to this level we wanted to go down to our lower time frames and look for additional confirmation for a bullish trading opportunity which occurred nicely. As you...
Entry 1.19800, T/P 1.18800, S/L 1.20800. Day trade.