This is a tutorial video on how to identify chart patterns like: - Flags - Wedges - Double tops and bottoms - Head and Shoulder - Triangles Trade Safe!
This is a short video explaining how to draw support and resistance levels based on the ZigZag indicator.
Simple price action analysis based on SR and trendlines. It looks the ETH will move for a period between 1500 and 2000 level. IF the resistance at 2000 is broken, than ETH might go to 2500 area. IF the support at 1500 fails, than ETH might go to 1000 area. ETHUSD is in a bearish trend, so you need to have in mind this when choosing your trades. Safe Trading!
On my Tuesday analysis, I was posting 2 possible scenarios. In the short scenario, after a break and retest of the support area, there was an opportunity to open SELL. This was a 3RR trade. Trade Safe!
Simple chart analysis based on SR and trend lines. There are two possible scenarios for OIL, both Sell and Buy, but caution is required for both. Trade Safe!
Simple chart analysis based on SR and trend lines. I am holding to my short position, and i am expecting new opportunities to come next week.
Simple analyses based on Fib levels, and support and resistance levels. Buy trades are out of scenario for the moment, but if you seek for action, you might like a short trade on a retest at preview resistance. TP can go down to 1.272 fib, to new lows. Trade Safe!
Price action analysis based on Support and Resistance level, Fib levels, and Zigzag. There are two scenarios for EURUSD, a buy, and a sell scenario, after a clear break of the consolidation channel. Trade Safe!
Long-term price action analysis, using just Zigzag, and the classical SR lines, or trend lines, to identify certain chart patterns. Still holding short trades on BTC for the next months. Trade Safe!
BTC is following the bearish market sentiment, creating new lows after the bull run. Based on preview historical price movements, bottom might be around 9,000 to 11,000. Trade Safe!
Buy opportunity for USDJPY at Monday market opening. TP might be to new highs. Trade Safe!
Drawing lines on a chart will never be perfect, but the story they tell, it is more than enough. Looking from a Daily chart perspective, fundamentals are matching perfectly with technical analysis. September seems to be a bearish month.
Bearish pattern and a retest of the support line. Aggressive opportunity on market opening on Monday. Trade Safe!
There is a bearish pattern forming, and so, an opportunity for an aggressive SELL entry under 0,99500 break, with TP targeting 1,272 FIB extension level. Trade Safe!
At this point there is an aggressive opportunity to Sell Gold for a 3 to 1 short term trade. But if the price will BO above flag line, than an entry for a long trade is very plausible.
If the price will break under the channel trend line and support level, a short trade might occur with potential target at 25 usd level. On the other side, if the price will break preview resistance, next likely destination will be 50 usd level
Uptrend in a channel, so a continuation impulse is possible, but if the price will break under the channel and will retest the support level, than a Short opportunity might occur.
As long as price stays under 1.2500 there will be a downtrend with bearish pressure. If price will break above this level, than next likely destination will be at 1.26500