TS + FVG set up for a roll down. IFKYK - All fair warnings Trades will lose - not all are winners.. lets see if we get it - you are here. you are a trader. Assume you know how to eval your own risk and you and only you decide if you gonna push that button on the Demo acct. Never recommend live trading here.
See chart. Could take out the SL but that 21.40 is where mine would be. This is for demo purposes only. NOT A TRADE CALL - wkly blocks if buyers step in this is a good place. I would look for a TRUE ENTRY on the lower TFs for better entry point - 60/15 are the bread and butter for a FVG setup to form and give the signal. I will trade this with paper only.. do...
Short term NQ looked to catch a number of shorts today with a dip back into range and a drop below the tight range lows, only to reverse back up out of range and looking at Grabbing some target above for more BSL to pair up before setting that big round 750 low in the sights.. Targets on scope.. lets see where we go this week, up first to go DOWN.. ?!?
Bias is currently bullish IMO, see chart for thoughts on this week - targets, blocks and where we are going. Happy trading!
So we keep going UP on the D UJ chart. I have marked some D AOI (area of interest) and STT (Short term target) above. Currently I see an area of interest above at the 4280-4300 area. Bull protection IMO is at the prev sell block attempt/failure marked and further at the important block lower. Both areas marked. For this week, I expect a continued charge toward...
Bear targets as the WK entered bear control -- We have a WK IMB area below - it was bumped but not full entered. The first low target was hit, then the bears allowed a bull move back up into a WK IMB area to grab some buyside liquidity to push down and take out the relatively equal lows marked by the purple lines - taking out - objective achieved (see target...
How to know the uptrend changed - where do the sellers take control? How do you read the chart and see the sellers push buyers into the trap. Nice example of where the buyers that looked for continuation of the uptrend missed the story the chart was telling. Good less that trendlines are only PART of the picture. So where are we going from here? I see some...
Trends and ranges analysis continued - now we have charts on FX, Stock $BABA, and Crypto BTC. All the notes are on the chart. So far the chart says DON T pick the bottom just yet! Happy trading! -- DocH
So the target was hit today on daily. Question is whether it is now time to go short! LETS GO! Pick the top and ride it, right!.. wrong.. who cares if you pick the actual top, only your twitter feed. NOT YOUR ACCOUNT.. are you here for entertainment, or to make $ and grow the account. EASIEST way to lose money and blow account - Picking tops and bottoms. Who...
News today tries to explain the sell off today as fears for new rate hike. If you look at PA it is no surprise and all is expected, we have a lower TL with many touches that you bring up to highs.. look how midline fits. So we have an OVERSHOOT, which will expect a BREAK out of TL to upside. within the uptrend we have the close outside and new high; so - yes,...
See ETH chart for very nice measured moves (MM). Great TL , TCL and midline examples and a successful range break example (most fail). This one likely succeeded due to bigger dominant pattern - coming off lows and we have an idea where we are headed. Will that UPPER TL hold?? See linked charts for more PA information.
BTC is a chart we can use to look at price action as a compliment to the original PA post earlier using $BABA. All the info is on the chart. See linked idea to first basic chart using BABA chart.
A brief intro to PA - examples using this D chart of BABA. See chart for notes and resources to learn more. Hope this helps some struggling traders that have 100 indicators and have no idea why trades fail etc. We have all been there. That next magic $300 indicator is really NOT the holy grail to fix all your woes. But RAW charts and PA just MAY BE the right...
Corrective sloping Downtrend, TSLA has broken out of range bound at 750 area, but has yet to retest. We are above midline with target to upper limit of downtrend above. Consolidation here with a strong bull day on Friday, stuck at 900. Bulls want follow through and a break to new high in this breakout uptrend. Would expect bears to defend big 1000 mental round...
On the chart there are major and minor levels marked. AAPL has moved within the pink 4h range since Jan with multiple attempts to break higher that failed. Smart traders buy the lows of these ranges. However the market is very bearish in general and it looks like a good opportunity to look for a lower level move. Good 15min trade setups can be cooking here for...
Not yet.. careful with sells however, we have met a MM. I have some buy entries lower, but that is risky. Reasons to buy on the chart will be a breach of 700 and midline of the current down channel, but be ready to get out at other side of channel in case we go lower. A break out of the down channel top and consolidation or 2 failed attempts to go lower again...
We have a Break and new low in place in D channel. The 4h is still bearish, so it looks like we will get a second leg to an additional new low or test of the Daily low. Once completed, expect a DAILY correction or possible reversal. So a good move to the upside should be coming in the next few weeks.
Bigger picture looking for upside .. early entry on 15 min... BE and see if breakout goes..