10/18 WEEKLY IS IN THE BZ WITH A CTL BREAK BULLISH, WE ARE IN A RETEST PHASE
ON THE DAILY WITH THE MARKET STILL ABOVE THE WEEKLY TREND LINE I WILL BE
LOOKING TO BUY LOW PRICES IN THE BUY ZONE UP TO THE 2HR (1,942) AND
DAILY D (1,965) EXT RESPECTIVELY
PLAN OF ACTION
LOOK TO BUY CTL BREAK BULLISH WITHIN THE
CHANNEL PLACE STOP BELOW THE "A" OF THE
SWING TP AT...
10/3 NAS 100 REACHED CREATED A NEW DAILY "C"
POSITION AROUND THE 11600 AREA AND THEN
BROKE A TRENDLINE TO THE DOWNSIDE CREATING
A POTENTIAL HEAD AND SHOULDERS PATTERN ABOVE
THE CHANNEL AREA THAT WAS FORMED ON THE 2HR
THE DAILY IS CLOSE TO THE SELL ZONE AND THERE
HAS BEEN A BREAKOUT SO GOING INTO THE NEW
WEEK I WOULD BE LOOK FOR A RETEST THEN A
REJECTION OF THE...
9/30 THE ONLY PAIR THAT THE USD HAS BEEN STRONG AGAINST THIS WEEK IS THE JPY, THIS COULD BE FOR A COUPLE REASONS 1. THE MARKET IS IN CONSOLIDATION OR 2. THE JPY IS SLIGHTLY STRONGER THAN THE USD AND THIS WEEK THE MARKET IS JUST RETRACING. WITH THAT BEING SAID THERE IS AN TRADING OPPORTUNITY IF YOU GET IT IN AT THE RIGHT PRICE AROUND THE 106.17 AREA WHICH IS A...
9/29 TRADING ANALYSIS OF THE NAS 100, THERE IS A BULLISH BREAKOUT OF THE DESCENDING TRIANGLE THAT WAS FORMED. WITH THAT BEING SAID WE ARE LOOKING AT A TRADE IDEA BASED ON THE RETEST OF THE BREAKOUT. LIKE AND COMMENT ON THE VIDEO IF YOU AGREE.
Interesting 17 month long head & shoulders pattern developing on MKR. Target is 2x head to neckline measurement, that would also re-test the horizontal resistance and beginning of neckline from June 2019 high. Price otherwise looking for support from the VPVR Point of Control around 0.047, while RSI has broken back into neutral territory from bearish. CMF has...
Hello Forex Community!
Check out my intraday S/R zones, key levels and entry levels! Also check why I think that we can call EURUSD that is in a short uptrend.
EURUSD still respect daily POCs and create new one higher and higher, thats why EURUSD is in a short term uptrend.
More descriptions about my trading.
I am not patterns trader. My strategy and edge is...
As usual, Cannabis stock is facing the risk of regulation and black market.
After extensive sell-off starting in March 2019, APHA may have finally found its bottom at 2.
Short-term may be choppy, but I expect the uptrend to continue as long as the demand zone holds. .
today´s market is very interesting for me because, during the analysis, I have found many confirmations for my thoughts.
I am expecting a LONG in the NASDAQ:EPZM market . INSIDERS increased their LONG positions and their behavior is confirmed by Price Action analysis.
What else do we need?
In the video, I focus on:
- Volume profile (Value...
very strong support level raises our chances for a profitable LONG trade in the FACEBOOK market. NASDAQ:FB
If you connect these points together, you will get the whole picture, what's happening in Facebook:
POINT OF CONTROL
During this rough time it is difficult to follow the trading plan. BUT...
Will check to see how it looks coming down for more precision final target and confirm with bullish divergence. Might also take a look at Thomas Demark when it gets there. I can struggle with labeling so if you go to the 1 or 3 minute and see if something should be labeled different let me know so I can take a look/learn/improve.
Hey everyone! Consolidation leads to?
Here is a great example where the price just seems to be getting that last fuel before moving up.
The RRR (Risk-Reward-Ratio) of this setup is considerably high, so the probability of failure becomes greater. Nevertheless, a worthy look as you can always chose to downsize your risk.
Lastly, not how the POC (Point of...
Good evening traders Bitcoin has had another eventful night. It seemed bleak just for a moment when it briefly appeared bitcoin would not hold support, but a new support POC has formed on the 4 hour at $10,520 since my first post on Bitcoin, linked here . The support seems to be holding for the time being, and it appears that the bulls are holding off the bears...
Good Afternoon traders!
Bitcoin is at it again. At time or writing, Bitcoin is trading at $10,682 and it just bounced off of resistance towards support, here are some key levels we may want to keep an eye on.
The daily chart shows Points of Control(POC's) at $10,700 and $10,598, and, the most prominent POC on the daily, $10,400. If we zoom in on the hourly, we can...
We can see strong uptrend on USDCAD i the whole year 2018... For that reason i expect continuation this uptrend in the Year 2019.
After correction to the 50 % fibonacci retracement moved up of the Year 2018, can be possible change trend up on USDCAD right now on price level 1.30262...
50 % moved up is so near to the Point of control of the year 2018.... So there...
Until it ends and like anything in life, you can find yourself lost in the wrong direction. I like to keep my analysis simple as the markets are always changing their dynamics.
We can see the new uptrend started from our long period of lows which could be a substantial factor to start going long in this pair. As of writing, I would be looking to buy within the...
Good morning, traders. As you may be aware at this time, the VanEck ETF was pulled so there will be no decision in February. Normally, such news would've seen Bitcoin drop a few hundred dollars at the very least and if we listen to the most emotionally bearish among us we should've seen a drop through the 2018 lows. However, we only saw a drop of $40-$50 as price...