Since my last publication on this pair, we witnessed over 7,000pips move (see link below for reference purposes) and the price is right back at where we were a couple of months ago. With a significant bullish trendline identified on the daily timeframe; we might want to be looking at a bullish expectation in the next couple of days as long the price does not break...
A follow-up detail on the GBPAUD that was published earlier this week (see link below for reference purposes) where we locked in around 70pips before price action took us out. Now we are at a very critical level (1.76) where a breakout of this zone (supply area) might incite a bullish continuation. However, considering the long-term bearish momentum on the higher...
It is obvious that since the beginning of March 2022, we have been experiencing what appears to be a reversal structure on the daily timeframe as there is a possibility that price might break out of the structure and set the tone for a bullish momentum in the nearest future. However, I am of the opinion that price action might first go into a correction phase...
With a key level identified at 0.74250 on the 4H timeframe; this level could be a yardstick that will guide us into the expected bullish momentum we are looking forward to if it finally happens. In this video, I have explained my doubts and expectation as price action is been monitored going forward. Risk Disclaimer: Margin trading in the foreign exchange market...
With an evident downtrend scenario on the 4h time frame. How can we take advantage of a sell continuation opportunity if it finally happens? Let's check this out together. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this...
A bullish trendline is identified in the 4H timeframe and this line also shares a confluence with a significant key level at 0.68250. We shall hereby be looking for a breakout of a reversal set-up for a signal to join the potential bullish trend. However, a breakdown/retest of key level might incite a risk of further decline hence the need to be very conscious as...
On this video I go a bit more in depth in the understanding of trend recognition and where we are with the price action on the Nasdaq. Happy trading! Linton
This is a follow-up on our USDCHF posted on Monday and Wednesday (see link below for reference purposes); Price hits stop loss with 60pips profit (an approximate of 175pips - 3positions) during the course of last week's trading session. We are expecting the price to continue into the supply zone identified on the daily time frame to close at our initial profit...
I had a beautiful win on GBPJPY and another loser on AUDUSD. Trading these pairs together is teaching me so much, but the biggest lesson so far is to continue to trade what I see and focus on my trend cycles. Don't know what a trend cycle is? I explain it in this video.
QUICK TECHNICAL ANALYSIS, on my 3 top cryptos at the moment gettng major gains from, strong fundamental analysis done on all 3, great for long term investment and for day trading profits during, take care and smart trading! Cheers DKBeast
In today's video we take a look at a bearish continuation setup on the $USDCAD. in it i share with you the reasoning behind my prediction & what I'll be looking for in order to have a trading opportunity on it. As always if you have any questions, comments or even want to share you chart. Please do so below. Also, do me a favor & hit that thumbs up button if...
Trading video sharing with you a pattern trade that is on my radar & showing you how it can be used as a reason for entry as well as a target location for an alternative trade.
The EURJPY has recently broken out of both a period of consolidation as well as a previous level of resistance & I'm now looking for a bullish continuation up to the 132.50's level. After the initial break I'd hope to see some relief in price in a form of a pullback back into the level of structure that was just broken & that's where I'll be looking for my entry...
Trade #4 / Tuesday, November 1, 2020 / 8:31PM / Sell ES Overall trend is bearish on 5 minutes Trend continuation trade Market consolidated after push 1 - 2 risk and reward ratio Target is right before key support level Stop loss is 1.5 ATR above last consolidation high
Hello everyone, here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Currently creating a new support level. Slowly still pushing up to institution levels. Looking at market slowly recorrect it self to continue trend up.
Hello everyone, here is the top-down analysis for USDHUF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for EURCHF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!