always have 2 outcomes with probabilities we only trade we the highest trading setups forecasting what is possible to happen if this trade doesn't go the way i expected it ? forecasting this so that your mind wont be shocked when this happens to you !
so after a bearish run price is slowing down and been moving more corrective this is starting to show but accepting that we could just move out and get some good momentum so always have a plan B in your trading plan happy weekend guys and girls
after some big momentum and now in the counter trend and dropping on another zone and creating a falling wedge im seeing more bullish momentum but this might pull back when it meet this 3rd touch on that falling wedge so just be open with this trade and keep your eye on it pull back can happen
so this is looking interesting at the moment im thinking this will drop to 6425.00 or around this area before we see some more bullish moment again my chart layout is different when trading Bitcoin let us know what you guys think!
after breaking the last high and having a complete retracement and breaking this trend i will wait for a retest or a correction before taking this trade looking really good for more bearish momentum at this point in time
so price is hitting a strong zone area now happy taking this to the last HH at 1.12389 trade with the correct risk,
This trade is looking promising from more down side but i will wait for conformation or a bearish breakout before placing a trade and i will filter this on the lower time frame for my entry always wait for conformation on any trade as we trade in probability only.
so looking good to catch a short term sell before getting to that strong area of support to then take this long!!
so getting to key area of price approaching a double top area and have been consolidating in this zone for a while now so my bias with this trade that we break below this trend and have a bearish correction moving out of the trend we wait for conformation on any trade we take risk correctly
so this is all matching up see more continuations for more bullish movement and lining well with the resistance and support levels and now at 382/0.5 FIB retracement levels
i posted my analysis before about this trade dropping from a massive rejection on the daily from a double top now we have had are impulsive movement down now testing and trying to break a major ascending channel iv set my order just below price so if this move is confirm then i will be in the trade happy Friday :)
Forming a middle section of the pattern to confirm this trend im expecting more downside before we push higher or we might get a double bottom and move up from there we wait for the confirmation !
after getting a breakout from the 1HR uptrend and moved out with a bearish correction and now is testing once support now resistance i will be looking to take this down to the 90% rule 74.850 area but beware this has a good chance of a pull back breaking the daily downtrend but still happy taking this trade as i have multiple factors in my favour.
looking now for more bullish movement now testing a support area after breaking through its resistance. price just corrected for awhile now im expecting this bullish momentum to carry on
after a deep correction and now tested the support area and breaking a downtrend with big impulsive moment i would take this to the 90% rule and see how price plays out around that area and same with the SPX500USD :)
we are moving in a descending channel on the daily chart so this is looking good for more moment to the upside eventually but we have a pattern within a pattern showing the middle section with can confirm this trend so i would say this will push more to the upside once we meet the bottom but just be neutral has this could break through and go lower but the higher...
this is looking for more moment to the downside after some big a impulsive move sitting in a corrective phase we will push out very soon some nice % to the down side with this better entry would be to break that trend wait for the conformation before placing this trade.
after rejection on the daily chart with a daily high test expecting gold to drop before moving higher again taking this down to the 90% rule as since this might be just a deeper correction on this pair for how long we will have to see! happy new year guys and girls :)