In this chart, the large blue background is a large weekly order block, on the current time frame I marked out a reversal pattern called "the second push" (highlighted in my earlier posts) coupled with a Break Of Structure (BOS). So what needs to happen is this exact same pattern to form on the lower time frame within the smaller RedZone before looking for an entry.
Find out how to use this profitable trend reversal trading strategy to catch the bottom with minimal risk. Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 18 Nov 2020 trading session. In this video, you will find out the market recap during the last session and trade reviews in the three-minutes timeframe...
I tell ya, I hope this goes up without hitting my sl, its tight.
Bitcoin Has Entered Into Accumulation Phase, Confirmed By Selling Climax and Followed By Automatic Rally.. I Expect It To Form A Trading Range From Here (10.5k - 11K Range).. Let's Wait For The Change Of Character In A Few Days Time To Confirm Bullish Bias. Bitcoin So Far Has Maintained It's Bullish Momentum By Breaking 11K
Looks like Distribution Phase is finally done and Accumulation has Commenced. Watch out for change of character before switching to a Bullish bias..
Hello world, here my checklist for a possible gold long set up. * HT (weekly) * major trend direction * 50 EMA * RVI 50 > 30 * Key support & resistance levels (red) * in Wykoff expansion/trend phase * Identified last contraction phase * DT (4h) * Identified last wykoff contraction phase * average price...
Hello world, here we have this weeks favourite watchlist candidate AUDCAD. We have: * rejection at weekly trend line * Price action at weekly sup.res line & at weekly trend line, which indicates a continuation of the existing downtrend * high area of confluence * Overbought RSI on D & 4h * turningpoint at MACD indicating following momentum * Top of the D...
Hello world, here we have an idea for EURAUD. We have: - smaller candles indicating momentum loss - shorter term support & res. level (blue) - 50 EMA crossing (combined with supp/res. line indicating area of high confluence) - price action - weekly long trend - wykoff expansion phase on 4h, expansion phase on weekly All the best, c4ss10p314
Hello peeps, here we have a longer term trade setup. This trade analysis is divided in HT (higher timeframe - weekly ) and DT (detail timeframe - 4h ) HT: - bullish trend - key W sup/res level - touching 50 EMA - wykoff: end of trend phase, which usually inherits a sell off and a continued contraction phase - not a dead market with RVI > 30 (another indicator...