Dragon_Ball

Dragon_Ball Updated 

It seems like the price may have hit its bottom, as we're seeing two Key Reversals on the Monthly timeframe. This scenario could signal a Double Bottom, setting the stage for a high-probability trade setup with waiting for the price to break through the recent Lower High (LH) to confirm a change in trend. Shifting our focus to the Daily timeframe, there...

Dragon_Ball

On the Weekly timeframe, I've noticed a gap: the 3rd Touch of the Megaphone Top Pattern is missing. Additionally, there's a Broken Trendline awaiting its Missing Retest. This zone has caught my eye, and I'll be targeting it for a potential long-term BUY trade. For my Sniper Entries I will be looking for Bullish Correction on the lower timeframes such as H4 and H1

Dragon_Ball

Looking at the Higher Time Frame we can see that the price has formed a Symmetrical triangle with a Fake Breakout in a form of a Double Bottom which indicates that the price wants to move (much) higher from current levels. Im looking for BUYING opportunities on a lower time frame.

Dragon_Ball

Ever since the price busted out of that Falling Wedge, things have been looking up, with plenty of bullish corrections along the way. The recent breakout from a smaller Falling Wedge has also thrown some strong bullish vibes our way, hinting at more upside action to come. I'm on the lookout for the perfect BUY entries to catch this wave. Let's see where this bull...

Dragon_Ball

During my trading journey I have learn that when the price gets back inside of the pattern, after a Fake Breakout then there is a high probability that there will be a breakout on the other side of the pattern. And for that reason I'm log with this pair. On weekly we can see that the price is coming back inside of descending channel - bullish pattern.

Dragon_Ball

On weekly we can see that the price has formed a long-term Head&Shoulder, where its right shoulder is a Megaphone Top. Price is hugging & kissing its upper trendline, which is also an area of a perfect entry to go SHORT, as there is a very small risk compare to a very big reward. I will be looking and patiently waiting for a Key Reversal from upper trendline to...

Dragon_Ball

Analysis: EURJPY formed a few Double-Bottom (bull) price patterns that are nicley visible on the Monthly Chart. More recently EURJPY has formed a Reverse Triangle consolidation pattern. Should this pair take out resistant levels between 130.00-135.00, it could literally blow the roof off, and go much higher. That being said, we could possibly be in massive...

Dragon_Ball

Price has made a strong impulse move since yesterday. Im looking to add a Sell position for now. If we form a valid bullish correction and a breakout I will be looking to add my BUY position.

Dragon_Ball

The pair recently broke above its long-term resistance line (see below). But in doing so, it traced out a small double top pattern. That’s very bearish and implies the breakout is basically a bull trap -- all the bulls who chased this breakout are likely to be severely punished when the price suddenly goes the other way. On H4 price is forming a rounding bottom,...

Dragon_Ball

On H4 timeframe we can see that the price has bounced of a strong support levels and also came back inside of long-term Descending Channel (bullish) Pattern, which suggest that the price is ready to move (much) higher. Furthermore, the price broke downtremd line, that is clearly seen on H1 timeframe, which also confirms the bullish move with this pair.

Dragon_Ball

I always like looking at higher time frame charts because they let me see the whole forest, as only like this I can get a better understanding of where the price is likely to go. And most importantly I like(want) to take a big piece out of major moves as they happen - my overall strategy objective when trading the markets. As we can see on Monthly Chart, the...

Dragon_Ball

This stock also has created a “Bull Trap”, which could be a catalyst for a quick collapse in price. Penetration below the low of last week’s inside bar, will very likely open up a major move to the downside.

Dragon_Ball

Price has been rejected at resistance key levels for couple of times now. Breakout of Bearish Correction trend line will move price (much) lower. Lets not forget that the pair is very bearish due to massive Head & Shoulder Pattern on weekly chart.

Dragon_Ball

Hey everyone, Another strong bearish pattern in form of Head & Shoulder. Price has already brokeout its neckline and is now re-testing that same breakout. We are looking for a 500pips+ drop.

Dragon_Ball

Hey everybody, On daily chart we have formed Ascending Broadening Triangle price (bearish) pattern. Penetration below the low of last week’s inside bar, will very likely open up a major move to the downside. However we might be seeing a potentil short term bullish move up to $1810.00 levels before price turns lower again.