this analysis is based on current price and where future price movement would go when an impulse happens... bearish is much on a lower percentage to bullish.. bullish is more of happening than bearish.. why? watch closely price has been on a downtrend for a while,,
Hey traders, Recap-I decided to make an update on my BTC analysis from yesterday, as some things have changed. BTC bounced and went up to reject our bearish order block as I had predicted, and then went to test it again where it price was rejected lower again. I believed that price would make a sharper move downward, but today noticed that that price was...
This patterns are well known for its 80 % probability of a winning trade , this time was meant to be a short position from the 78.6 % to the 38.2 % as seen on the chart. I will be posting before completion next time... Cheers everybody !
It's good to Buy SL Below X point Target 1 @ 113.70 Target 2 @ 114.00 Thank you for watching.
Gartley Advanced formation Tools: *Fibonacci retracements (61.8% and 78.6%) *Fibonacci extension (127.2%) Timeframes: *The Gartley Advanced formation was originally designed as a swing trading strategy. But it also works on lower timeframes. Tactics: *Seek to identify 4 market moves and 3 major Fibonacci zones. The combination of these moves forms the...
hello traders on the raddar now a lovely bat pattern formation we are going short on the next candle
Hey Traders, as i walked through my pre market analysis, this setup caught my attention. I firstly identified the structure on the daily timeframe for a possible trend continuation to the downside. I then switched to a lower timeframe and identified the double top, with fibonacci confluence and bearish divergence on the rsi. We've got a retracement, an extension...
Hey, traders. Looking for this XABCD to complete to enter short. Check my first youtube video explaining some forex trading details. youtu.be