TA shows we're already at the bottom or very close to it, say, 44k. From here we'll see a bounce to a new ATH of 75k in Jan followed by a correction in Feb/March. Then a new ATH of 100k in March 2022, followed by a correction and then the bull run ends in May/June, 2022 at around 130k ATH. #SpeculativeSetup #NFA
GBPCAD has formed an ABCD pattern. It's time to go short on this pair.
The overall trend is still bullish though. However, for the next few days, I expect sellers to push the price downwards before the next bullish move. What do you guys think?
EURCAD is forming the ABCD pattern in the 4h TF. Price is in bullish momentum. The nearest target is 1.44339 Good RR Risk Management NFA
NZDJPY is forming a bullish continuation pattern. Price is currently bullish on higher TF. I expect the price to break the resistance line.
Basic Support and resistance trading. Good RR Risk Management #NFA
USDCAD has broken the downward trendline and has shown, retraced, and is now showing some bullish momentum. This is a typical ABCD pattern. Let's ride this impulse. Good RR Risk Management NFA
EURAUD is forming an ABCD pattern on the 1 h TF. Buyers seem to have entered the market. Good long opportunity Good RR Risk Management
Price is currently consolidating inside a bullish rectangle. A breakout looks very feasible. We can take short-term buy opportunities at the bottom of the channel. We don't want to trade against the trend, so we're not taking any short position. We patiently await the breakout. #Risk Management # Good RR #Simple chart pattern.
Price is clearly in an uptrend. Knowing that the trend is our friend😉 we'll be looking for long positions. Good RR SL should be at the breakout of the trendline.
Price formed a double bottom at 4h time frame. Looking for buying opportunities. #Good RR #Risk Management.
BTC is currently forming an ABCD Pattern in the 4h TF. We look for long entry Positions and set our TP at D. Good RR Risk Management NFA
It's time to go long on this pair. Stop-loss should be placed just below the support line. Good RR Risk Management NFA
Good long opportunity for Gold. Wave Analysis Fibonacci Retracement Good RR Risk Management. Wait for bullish momentum
Price is currently consolidating inside a bullish rectangle. A breakout looks very feasible. We can take short-term buy opportunities at the bottom of the channel. We don't want to trade against the trend, so we're not taking any short position. We patiently await the breakout. #Risk Management # Good RR #Simple chart pattern.
Nasdaq is currently trending upward with strong bullish momentum. A breakout above the current resistance will indicate a bullish continuation to the next resistance. However, the price may consolidate a little before this breakout. Entry price is after breakout and retest. NFA
GBPUSD is currently trading in a descending channel. A breakout of this channel will signify a bullish impulse. However, we'll take advantage of the current range. Short at resistance and long at support. SL should be just slightly above resistance and below support.
In the lower Tf, a symmetrical triangle pattern is forming. We would await the breakout of this pattern to make some short-term trades.