Hi Traders! Here is our analysis of this pair: Market is in a Downtrend which started around 9th of March at a price of 1.29 On 28th of March price made a Low @ 1.24600 After the Low we have a conspicuous bullish candle with a big bullish wick --> What does that mean? --> First Bullish Attempt to move the price higher --> Loose in the first place,...
we have a trend channel playing out on gold, i thought that wave to would go even further lower but seeing the daily candle close as a reverse pin bar i had to clear my chart and re-analyse the market , now seeing an uptrend channel i already marked out its levels so all we do now is trend the levels as highs and lows the regular abcd pattern,
*** Trade at your own risk! *** *** Not every idea is also traded by us *** Hi Traders! In the following you'll see a Multiple Timeframe Analysis. It includes a screenshot and afterwards some bullet points. Monthly TF: - We had an Uptrend - Followed by an Triangle (Continuation) Pattern - The market broke out of the Trendline and made a bullish movement -...
*** Trade at your own risk! *** *** Not every idea is also traded by us *** Hi Traders! In the following you'll see a Multiple Timeframe Analysis. It includes a screenshot and afterwards some bullet points. Monthly TF: - Strong monthly Trendline got broken - Now price is retesting it - If the Retest is successful, an Up-Movement is very likely - We can see...
*** Trade at your own risk! *** *** Not every idea is also traded by us *** Hi Traders! In the following you'll see a Multiple Timeframe Analysis. It includes a screenshot and and a few bullet points. Monthly TF: - Monthly Consolidation - Market bounces between those three Levels: 1.23, 1.32 and 1.42 Weekly TF: - Lastly, after the price reached the...
After being down 8+% and seeing lots of sellers in control with the trend being clearly down, NQ might be changing trend here. We have closed above this TL now and buyers were strong out of that 15170 zone and pushed NQ up over 400+ points. I expect dips to be bought here, targeting at least the 16000-16100 zone. SL can be placed below 15400 because I don’t want...
there is a possibility the down trend to be reversed, but there is also a chance that the trend to be respected
*** Trade at your own risk! *** *** Not every idea is also traded by us *** Hi Traders! The setup of the idea is that we have multiple factors coming together to make confluences and forming an Up-Movement. Here are the factors from big to small: Daily descending Parallel Channel Price at the Bottom TL of this Parallel Channel Consolidation after...
Hi Traders! The following signals indicates a Trend Change with Down-Movements: Strong Weekly Resistance --> This is a high price and people might sell off again. Daily MACD Divergence --> The bullish Momentum sinks. People may feel a burden when buying the price and they actually want to sell it. Head and Shoulders Pattern --> People know this pattern...
*** Trade at your own risk! *** *** Not every idea is also traded by us *** Hi Traders! The idea of the market is that the Downtrend has turned to a Range. Because the continuation of the Downtrend often happens at the weekly Trendline, the market pulls back towards the weekly TL. Let's check the little MTFA components out which led to this idea: Weekly...
We got stopped out after price printed a pin bar rejection against the trade. Should have gotten out of the trade but was hoping for a miracle. Always market over mind Honestly, was looking to enter a short at retracement, should have worried about the present instead. Meanwhile on 4H Unto the next trade
*** Trade at your own risk! *** *** Not every Idea is also traded by us *** Hi Traders! Summary: The Setup is to wait for a Pullback (after the Breakout) to sell from there. The following description will show you the thought process of the setup in bullet points. For the setup, let's look at two major Timeframes: The daily TF and the H4-TF. In the end, we...
Hi Traders! *** Trade at your own risk! *** Here is the summary of the setup: Market was in Uptrend MACD showed Divergence Strong Bearish Momentum Movement Due lower High + Low --> Trend Change Pullback expected Turn around at Selling Area expected --> Trade Short here Trend Continuation expected If you have any questions or another point of...
*** Trade at your own risk! *** Summary of the indications: Market was in Uptrend Market started a consolidation MACD showed bearish Divergence after Up-Movement Lower Low Sell @ next lower High towards next Support ------------- Hi Traders! The setup of this idea is that as price made a lower Low in an Uptrend, it is going to make a lower High....
FOLLOW THE TREND AS IT CHANGES Long-term chart (W) Trading chart (D) First trade (undocumented) - The (W) was in uptrend. looked to (D) chart to take a LNG on price entering the DZ (demand zone) it was untested DZ from the longer term (W) chart. price entered the DZ & broke through it even closed below it. my STP was triggered & I took my loss Second trade...
Hi guys, I think Moderna will go up again and get a trend change up. Today Moderna breaks out of the trenchannel and the rsi has also potential for going up. If the chart goes over the EMAs than it get also from them supported and have a good chance to go up again. what you guys think?
After breaking the down trend and retesting it, 12 cents is a good entry point to go long. TP at 0.17 and good luck 🤞🏻
POW EDGE trend strategy in use for this USDCHF trade. Entry details are shown on the chart. Trade has been live since 23:00 UK time. Working the H1 time frame here and we're only looking for TP3. Previous trades can also be seen on chart. A successful long and a short that hit SL. As always the report box at foot of the idea shows the stats for this...