Hey trader, I hope you had a fantastic weekend. The daily price has closed with a bearish reversal candle pattern, getting ready to counter-trend to the 8 MA before continuing the uptrend we're in. The 4-hour price formed a double top that has its current price bearish running in the accumulation phase and in between the short-term MA's, confirming the daily...
Hey trader, the price is ready to rally. If you like to take the trade, take it at your own risk.
Having a probabilistic mind and approach to trading is one of the hardest skills to master. It goes against our human nature. We're used to having to know what must (or will) happen in any environment to get the outcome we want. If we don't get it, we're able to force new ways to create the results wanted, and usually, we succeed in doing that. To a point where we...
Hey trade, I hope you're having a profitable week ;) As you can see the price has been in a downtrend from June 2021. It formed an H&S pattern that was followed by a 3-level drop. The last level will be confirmed by either this months or the following months bullish reversal candle pattern close around where the price is at. That reversal candle will start a...
Hey trader, I hope you're having a profitable week. ;) If not, maybe you'll have one with this trade. But before taking it, let me explain how it will unfold. The price will prepare to drop for the take profit point after it has formed a bearish reversal pattern that guides the price to break and retests its neckline and 8 MA. That's it. Simple, right? Wrong....
Hey trader, I hope you're having a profitable week ;) The price is currently running in the bearish H&S L2 as well as below the 50 and bearish crossed short-term MA's. Usually when the price is in a patterns L2, it drops (or rallies) for the L3 after closing with a reversal candle pattern or breaking and retesting the levels support/resistant. But for that to...
Hey trader, I hope you're having a profitable week! As you can see, the price is in a bullish uptrend that's trying to form the double bottoms 2nd leg. This reversal pattern usually triggers a 3-level uptrend. In this case, it will do so once the price has bullish broke and retested the patterns neckline (Mini Weekly Neckline) together with the 50 and bullish...
Hey trader, I hope you had a fantastic weekend ;) The price seems to want to rally. It formed a bullish head and shoulder pattern that led it to bullish break and retest its neckline together with the 50 and bullish crossed short-term MA's. This signals an upcoming 3-level uptrend to the last take profit point that forms part of one of the high timeframe targets....
Hey trader, I hope you having a profitable week. If not, try this: But first, let me explain how these trades will be triggered. If the price bearish bounces of the 1st 4H Key Lvl and 8 MA with a bullish reversal candle pattern (1st trade) then proceeds to bullish break and retest the 4H H&S Neckline and 2nd 4H Key Lvl (2nd & 3rd trade); according to the 4 hour:...
Hey trader, I hope you having a profitable week. If not, try this: But first, let me explain how these trades will be triggered. If the price bearish retests the 4H Half a Bat Neckline, 50 and 8 MA’s with a bullish reversal candle close (1st trade), then proceeds to bullish breaking and retesting the 1st 4H Key Lvl and 4H Neckline (2nd and 3rd trades); according...
Hey trader, I hope you having a profitable week. If not, try this: But first, let me explain how these trades will be triggered. If the price bearish bounces off the 4H Half a Bat Neckline, 50 and short-term MA’s with a bullish reversal candle close (1st trade signal), then proceeds to bullish break and retest the (Possible) 4H H&S Neckline (2nd trade signal);...
Hey trader, I hope you having a profitable week. If not, try this: But first, let me explain how these trades will be triggered. If the price bullish breaks and retests he 4H Half a Bat Neckline and 1st 4H Key Lvl (1st and 2nd trade signals) after bouncing off the 50 and 8 MA’s; according to the 4 hour: the price will be in prep to rally for the half a bats 3...
Hey trader. I hope you having a fantastic week! The price is currently running in the double bottoms 2nd leg formation and above the 50 and bullish crossed short-term MA's. We're expecting an uptrend to the double bottoms neckline for the accumulation phase formation. The price will react to that anticipation once it has bearish retested the Daily Half a Bat...
Hey trader, I hope you having a profitable week! The price is about to complete the bearish head and shoulders extended move. It will confirm that after it has closed with a bullish reversal candle pattern that will probably bounce off the Mini Weekly Neckline. The reversal candle pattern may lead to a bullish reversal pattern formation that will start an...
Hey traders, I hope y'all having a profitable week! The price is currently bearish running in the previous head and shoulder patterns 2nd level. Before it got to where its at, it bearish broke and didn't retest the Mini Daily Half a Bat Neckline, 1st Monthly Key Lvl, and 50 MA. That give us our bullish target. But we also have a bearish target which is the head...
Hey traders, I hope y'all had a fantastic weekend. The price seems to be preparing to form a bearish half a bat pattern. It will drop for the patterns trend together for the 21 and 50 MA's after it has bearish broke and retested the Monthly Neckline 3 and 8 MA. But if the price bounces off those key levels with a bullish reversal candle pattern close, a bullish...
Discipline is the hardest trait to become good at in trading. We need it in analyzing charts and news updates as well as being aware of risk management and psychology. It's difficult to keep track of all those all at once. It can overwhelm us to become impatient and not aware of our mental and emotional states. Which results in poor performance. I was in that...
Hi friends, I hope y'all having a profitable week. Today we're taking a technical look at this famous baby. She's been indecisive lately. After the long bearish drop, a 3-4 month consolidation occurred. During that drop multiple key levels weren't retested. Which gives us bullish targets that the price might rally to after a few confirmations from this timeframe...