We had some good trades. WEEKLY We've pulled back and had some interesting price developments. Moving towards more of the structure we see and prefer price to get to. DAILY We had an evening star at the top of this correction structure which is what gave us more evidence to move towards the downside. The pullback is giving us a different story and we need to...
We had quite a few trades in the past week, but we were either too early so we taken out or in too late so we took short profits. WEEKLY March we had the peak of price, first time in it's history (18400). When we look left, whenever price peaks it drops for quite a bit before it goes back up. So we can assume we might see 16000 again. DAILY We just have an...
We were triggered and stopped out but we did fair. DAILY Kept falling and dragging down and tested around the support level, 17070 around here. We have a test candle which shows that our test level was correct. 4H Price is testing again (in correction) so we stay waiting and watching for either the break (impulsively) or the reversal impulsively. This is where we...
DAILY We still in a bull trend but in the corrective phase of the bull trend. 16900 area is where we want to see action. The last support as all others are broken right through. We formed an expanding wedge going up and was broken, the retest here will let us know it's fate. 4H We formed a "flatish" flag, which is the correction of the current trend (bearish)....
DAILY Just watch, the current sideways movement has me in a daze, previous similar price dropped and melted. 4H Let it move more before any judgements. Rejection of price from 18200 and candles direct us to look for sells. 1H 17900, our target price. Just waiting for entry prerequisites. 15Min The impulsive bear candle just gave us the first confirmation wait...
DAILY Mid trend, so stay the fxxk away 4H Impulsive bearish candlestick currently forming, which will keep the drive going down to find support. 18000 will give us a point of interest for price, where we will look for patterns before using candles for confirmation. 1H Current candle is bearishly engulfing and giving more signs of bears killing momentum of the...
DAILY Stay watching 4H Bearish channel in a bullish trend. So we wait for the touch of 17900 or 18500. 1H Impulsive bull candle, then a slow down (the consolidation / accumulation), now we heading back up so we can put a Buy Stop. 15Min First wait for the break of 18150 and the retest before entering this trade. Do not take it on the break, rather wait for...
DAILY Still following the channel and building it further. Currently 17949, which is giving us more confirmation to the direction we are anticipating. 4H The little reversal candles don't give us enough information to go in any direction. 1H 17865 had a double bounce here, which had long wick touches to show rejection. 15Min It's bottoming out and price is...
DAILY 18346, is our beautiful price of interest. We peak above and just below it. There it is a point where we will determine our next move. 18000, being the bounce price and now we are heading to our price of interest. We are anticipating a high yield tomorrow but we are not certain it won't fake out few times before the certain direction. 4H Double bottom and...
WEEKLY Highest high, peak, top price. 18467, we bouncing around these areas and that is indication of more bulls to come. For now it's first a matter of getting momentum to go. DAILY 18300 being the strong level of rejection with wicks all over the place is signs of reversals we would anticipate them going down and falling hard. 4H Aiming down, possibly to...
Stay watching and waiting. I would prefer price coming down to 18180 before I enter. This will confirm my bull run that I see when I zoom out.
Short-term I do see the sell, the more I zoom out the more I see the buy for longer term purposes. LL's below 18180 I would see the bears strength for now I'm forecasting bulls coming in and taking over but firstly we are going to stay patient and just watch.
Good thing we were patient and stayed out. Following the previous post, I had not set out an idea. This was just placed and not taken. Now we have a better idea as to where and what to do: We waiting for the retest on the rectangle and confirmation of bull movement before we set out our buy stops and market entries to go with the bull run.
Sum of the averages within the blue boxes and that is still what I am seeing. I had a great long last week but was taken out by the SL in profit, yet it went the full direction of the forecast. We seeing a flag forming that is slightly bearish, which would allow us to place buy stops just above and a SL below the flag low, but this is the high price Nas has ever...
Analysis is off, but forecast was right. Here we are learning and doing better each day. Had I opened up my laptop yesterday, I would have possibly seen an opportunity to enter the bull run. That's the lesson we learn as being managers of funds. Break of 16640 will be where we start looking for more opportunities.
Bounced off 16200, which was last a support in DEC 2023 and a resistance (High) in NOV 2023. Therefore level of significance 4H * Bullish engulfing candle of the low - doji followed and a possible hanging man - dive deeper for more info 1H * Bounce 3 times at 16425 : which usually is the beginning of an expected breakout - there's a potential 4th touch - next...
Waiting still waiting and some more waiting A close below this rectangle will be ground to search for sell entries * Impulsive moves downwards * long bearish candles with minor pullbacks (LH and LL) * 2 evening stars before the fall, current candlestick forming another possible evening star
There isn't much I can say or do. This is a missed trade from my eyes, it followed what my alternate view from US30 showed. It just happened earlier. Right now any trades I can get from here will not be the most optimum RR but will still be worth the risk just probably not scalp traders. It is heading for 16600 * 3 touches up, 3 touches down. In the channel...