Common mistake made using trendline Discussion: 1. 2 rules to draw an uptrend line 2. Primary % secondary uptrend line 3. Common mistake made using trendline 4. Where is its trend now? Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and...
Wassup people, I have another "Silent Build" here. A quick 3 min video on the movement of the market & to keep in mind always use your wicks or pivots as a price action guide. Always use your higher timeframes just as much as you use your lower timeframes. Taking a look at SPY's weekly chart, we see the COVID recovery from Mar-Aug. In Aug price stalled & went...
Traders, With all the fear I am seeing in the comments and everywhere else, you would think that the bears could have the conviction needed to take this market down (if that's what it's going to do). But no. We still remain in bullish territory overall. Check out some of the things I've spotted here. -Stewdam.us
We daily make market analysis videos for educational and real-time trading purposes only
BTC has now broken a major major support. I am going to explain what your exit strategy might be if you are now turning bearish this market.
Trendline breakdown in Gold - Short term view short term sell Gold @ 1895 Target - 1875 $ Stop loss @ 1902
However stock has touched its upper circuit, let's see if it gives chance to get into the trade whenever it breaks the ciruit. Aim for 5-10%. It can be easily achievable in 1-3 days. My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2. The reason for booking profit of only 6-8% is because the market direction is not...
TraderMan PennyPorkChop looks out for opportunity to survey and examine the latest value activity in the market in a way that makes it helpful to you. Utilizing Technical Analysis, I play out an insiders view of the activity in the financial exchanges today and gives you my Day Trading of 6 years of Trading Volatile current market , examining market patterns ,...
Hi Guys Im bullish on SBIN, My target is 524.00 Reason for Buy 1. Trend line Breakout 2. Closed above Resistance level Thank you
Kishu Inu has been bearish since its ATH. We expecting a bullish turn since BTC is on a bull run. But Kishu seems to not follow the fast pace of its mother Crypto; BTC. We are still in a bearish structure until the previous LH at 720 is broken. Then we can look at 1000 and then 1250. For now, We have an idea of bullish pressure since the price broke the trendline...
D1 - holding a key support zone, no signs against, bullish hidden div H4 - bullish div, false break, trend line breakout Expecting continuation higher as long as the key support zone holds.
Amarajbat - Bullish view , Expecting price will move upto 890 , Falling wedge trendline broken and retesting 0.78% of fibonocci will move the price upto 2.2%.
We were looking for prices to at least reach our previous and possibly make a new high. That bridge was just crossed and now we are looking for a further continuation of price to the upside to maybe reach our projected targets for the inverse head and shoulder pattern.
Right here on a weekly chart, we can see the double bottom (W pattern) indicating a buy signal to go long to $370. Also, a clearer picture of it was shown on a dialy chart. A trendline breakout occurred at $161 which confirms the W pattern to go long to $240. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if...
this pair has hit our support level and in the same time our trendline on H4 timeframe so we zoomed in to M30 timeframe to search for a buy setup and we found that the pair has formed a valid trendline with 4 touches so now we are waiting for a momentum candle close above our last swing standing to enter a buy position Thank you & good luck
USDJPY pair has formed an ascending channel on H4 timeframe and now it on the upper trendline so we are looking for a sell setups if we zoom in to M30 timeframe we can see that it has formed a valid trendline with 4 touches and now we are waiting for a momentum candle close under the last swing standing to enter a sell position Good Luck guys
on H4: EURAUD is overall bearish trading below our green trendline so we will be looking for objective sell setups on lower timeframes as price approaches it. unless price forms a new swing around our green trendline and breaks it upward, then we will buy this one long-term. on H1: EURAUD is forming a channel in red so we will be waiting for a new swing to form...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!