Hi traders: As we can see price is currently at the top of the overall price action, and we are getting some bearish consolidations and structures. How the price gets there is very important, we see the HTF parallel channel which started to form after a strong bearish move down. Within this correctional phase, we can spot some bearish reversal structures....
Hi traders: Watching closely to EURAUD's bearish price action. We can see after a sharp bearish impulse phase on the higher time frames, market begin to correct within the larger parallel channel. Latest price has an ascending channel within the larger correction, and a reversal price action at the top, bearish momentum coming in now. Wait for confirmed...
Hi everyone: I will provide price action analysis and forecast on any potential trade opportunities for the week ahead. Feel free to ask me questions and comments. Thank you
Hi traders: BNB also caught my eye for the potential up move. We can see after price initially made the bearish move down, it begin to form a bigger correctional structure. As we can see price is getting squeeze into this triangle/pennant like structure, with a few swing highs and lows. What is important here is to determine is is going to be a continuation...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. EURUSD: Running about +0.5% profit Full analysis/forecast: USDJPY: Out for +0.51% profit Full analysis/forecast: ETHEREUM: Out for BE Full...
Hi everyone Similar like my previous analysis on DXY and EURUSD, I also see strong bullish opportunities on NZDUSD. We can see price made a strong bullish impulse on the HTF, and begin to form into a deeper correction. Price made a few swing highs and lows to form the bigger HTF structure. The LTF in addition is also forming bullish price action. We see a...
Hi everyone: NIKE has been on my long term investment since the Covid recovery price action, and still looking clean for further up move. We can see the overall price has been in a bullish up trend since the Covid drop. Price was able to have a bullish reversal impulse up, breaking above all time highs, and formed continuation correction, which is where I...
Hi traders: Looking at DXY here to get a better picture of how the USD may develop into the next few weeks. We can see from the previous descending channel and my outlook, we have a strong bullish impulse, reversal from the descending channel. After the strong bullish up move, price begin to form into another correctional structure. This time its getting...
Hi everyone: Similar like my DXY outlook of the overall USD price action, we can expect the move to be very similar on EURUSD in the up coming days. What we are seeing here is a nice HTF bullish structure now with few swing highs and lows to give us a bullish bias point of view. LTF development is showing us a sign of a bullish reversal price action. A nice...
Hello traders: I will provide price action analysis on any potential trade opportunities for the next 24-48 hours. Feel free to ask me questions and comments. Thank you
Closer look into Rising/Falling Wedge, Reversal Price Action structures/patterns Hi traders: Today I will go more in detail on rising/falling wedge correction in price action structures/patterns. You might have already heard about these types of correctional structures, and many traders who utilize them. Certainly there are many ways of traders identifying...
Hi everyone: I will provide price action analysis and forecast on any potential trade opportunities for the week ahead. Feel free to ask me questions and comments. Thank you
Hello everyone: Most of the crypto had some strong bullish price action last couple days, and many are looking to buy and hold for long terms. While this is certainly a possibility, let me give a 2 possible outlook on the current price action, and explain why this is the time to be extra patient here and observe the price. The bullish outlook, as most people...
Hi traders: Mot of the cryptos are showing some potential bullish price action, and do expect some short term buying opportunities. Here on DOGE, we can see a clear double bottoms, where price correctively move to within a descending structure. Liking the bullish momentum the price has, I would wait for a clear breakout from the descending channel, and a...
Hi traders: Also looking at ETH for the short term up move. WE can see that price manages to move down correctively once again in a descending structure, hitting a double bottom. The HTF structure is looking to complete with a few swing highs and lows. Latest price on the LTF has a strong impulse move breaking out of the descending structure. Look out for a...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. NASDAQ: +1.83% Full analysis/forecast: USDJPY: +1.50% Full analysis/forecast: CHFJPY: +1.60% Full analysis/forecast: EURAUD: -1.00% Full...
In-depth look at Continuation & Reversal Correction in price action structures/patterns Hi everyone: Today I want to revisit the fundamental aspect of trading impulsive and corrective phases in Price Action Analysis. As you all know I focus on multi-time frame analysis and forecasting/anticipating the next impulsive move in the market. To me, the most...
Hello traders: I will provide price action analysis on any potential trade opportunities for the next 24-48 hours. Feel free to ask me questions and comments. Thank you