Monthly we see a double diamond with respect to a bearish trendline with a rejection. Price is currently below the necktie thus pass the necktie fake out also fakeout are harder to take place on the higher timeframes.. Note overall the rsi doesn’t show higher highs on the test of the trendline so a bearish cont is in question .But trading the pattern more so is...
Currently watching this weekly 5 point m pattern in the shape of a crown reversal aka head shoulders, yet we are in a short term bullish trend. Thus these reversal patterns are only valid in a uptrend there’s no reversal in a range. So one has to be careful as the market will make head n shoulders pattern often and I’m sure ppl trades them without an established...
I did the weekly overcast with a simple pullback strategy to the 50ma on the weekly as a entry and target as price goes north. Cutting out all the noise. That traders bring to this simple pair. Thus here I’ll reinforce this price direction yet again made simple But with conviction Now we have a rejection of the high and low. The key difference is one is...
So every at least twice a month I try to quickly scout markets for stand out trades. Yet I have several tricks of this trade but this week since we are in a new month I’d decided to scout for breakouts on the higher timeframes preferred monthly as these breakouts are trade worthy. Alright here’s the method to this set up and it don’t happen often but when it do...
Alright let’s talk about the most traded pair the ppl over Analysis and miss the simplicity of this pair with no nonsense So what’s going on here is nothing worth the detail ppl put into this pair cus the price action is easy to digest we have is a big market Correction. A W on the higher timeframe as most traders are taught to use the lower timeframe but...
Eurusd is currently still doing as forecasted we have our low as expected and pointed out from my last posts weeks ago and we are currently looking for that higher high rejection which will give us another divergent on the indicators. So as I pointed out then we cannot expect a change in direction without rejection there isn’t rejection here also this structure...
As I work around these pair I will touch on eurusd audusd yet gbp will be theIr focus For the next week. So here on ga we have the ideal set up I’d been waiting for months and now it’s ready to trade. We had a few months of selling. Price starter diverging this is always our first sign for a change in direction Next what we get is finger licking good as price...
Ok plz look at the weekly post to understand the analysis as this post is to confirm the higher time frame price action and for entrance as we use the higher times for analysis, 4hr for entrance and 15min to enter the market. So I’ll be just pointing out what we on this time frame Currently we see the market reject the 4hr poc with a heaven shoulder and the...
So I started following my first exotic as volatility of them had deterrent me due to lack of skills. Yet I’d reach the analytic level that I’m confident to trade and to post how to trade this beast of a pair. So the monthly is the same as the weekly so let’s start here and tbh the lower timeframe don’t show any different Trend Structures. Also I like to aid...
Ok so working down we are at the 15min our main entry timeframe. So plz look at the previous post To follow along So on the 15 we see heavy market traffic. As the trained trader would see What do we see First we see a market m with high volume. This means orders are being placed. And shaking out retailers. Now note what price is doing. Price is consolation...
so we went over the weekly as a recap from previous post now let’s look at the 4hr. 4hr is one of the better timeframe to have if you isn’t have the 8hr I think the 8 is best as it shows candles and market shapes unmatched and this why most platforms don’t offer it. Candlestick patterns preform the best on monthly imo I seen many weekly fail thus candle sticks...
So a few weeks back I did posts on a few pairs that I will start to follow up on yet again to help trader cash in on the market direction., as long trend don’t happen trading lower timeframe thus patience is needed. So let start with gu The warning played off as I told traders to not trade this pair yet I know many sold and didn’t get much pips and verse....
Ok so I’m going to use gbpusd again as an example of what not and what to do, how to see price through the eyes of the market hunters and how to know when they move so you can be on the right side So again I said in my other post on gbdusd I’m bullish on this pair for reasons I’d explained yet I doubt it’ll sell a reasonable amount that is worth the risk of...
All right trader. A brief recap on this pair. Gbpusd broke out yearly resistance and was in a range for a few weeks, resting above its Weekly poc. The market made higher high but divergent hitting a r4 pivot and sold off very steeply with low collective volume and big candles as this is a bullish signs showing bear strength with Wide candles .As on the monthly...
Previously we looked at the monthly now that look at price on the 4hr as this confirms the monthly. Please look at previous post for Market bias . We see strong bearish signs here and on the monthly. IMO this is more than enough and yet very overwhelming. Yet within I’m still in doubt. Why is this. As I said on the monthly post the bulls are committed. And I...
alright traders This is a easy pair to assess. As we have a bear rally that spiked upwards into a range And a continuation out the range in the same direction Now we see price is going back into the range here as it don’t want the lower price. Such simple overlooked price action. I wonder how many traders that trade this pair or work it up see this with...
So I actually got stopped out this trade as my sl was hunted( spread was increased) as I sold the 4hr divergent even tho the market Started to sell soon thereafter 🤨 I’m not made at it cus it made we go back n look at the pair as I’d simply spotted the divergent and this is enough to trade as it is on a higher timeframe and we r at a major bearish trendline and we...
Now this is the 3rd post on this pair as I did the first maybe weeks ago and how it can be seen price is working in our flavor. We looked at the monthly then And the weekly today And now the 4hr as what I said to look out for on the those time frames we can see on the 4hr to show how real and accurate in HOW WE TRADE. So from the last post today I Said ...