NZDCADNZDCAD seems to be in nice bullish momentum.
Will NZDCAD continue its bullish trajectory from support zone?
Beyondtechnicalanalysis
USDCADUSDCAD was in solid uptrend. And now make correction to 38% Fib level.
Will USDCAD show some bullish move from fib level?
NZDCHFNZDCHF was trading in bearish channel from a while, And finally broke out of channel.
Bullish divergence , breakout of channel and temporary support , all these are putting confluence for a bullish move.
Is NZDCHF ready for bullish move?
My Impulse Channeling techniques!If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Well they are not mine, just some techs
I use when dealing with impulses.
A bit of KCT.
A bit of Elliott wave and Elliot wave
All consistently used in my analysis.
If helpful, throw me some love and
I'll post some techs on channeling corrections.
Cheers!
XAGUSDXAGUSD was trading in bullish parallel channel, and now break through channel.
Channel breakout and 0.50 to 0.61 % Fib replacement indicating a down trend.
what's your thoughts on this ?
GBPUSD Next Levels To Reach Here's what to consider concerning GBPUSD mid-term.. price sought buyside liquidity and we're now right in the FVG.. Also, notice the Gab we got (annotated in red)..
Everything you need is in the chart.. be encouraged to leave your opinions and comments..
GBPCHFGBPCHF is near to supply area which is also a 0.5 to 0.61% Fib confluence.
Will GBPCHF show a bullish reaction from this region?
Fantom outperform Bitcoin?Hello
I'll start to make once per week update from some chart now on, so better stay tuned.
Fantom looks really good against Bitcoin as long as price stays on top of that key level which I marked clearly with arrows .
You can see from the chart what happened last time it broke that level.
If we can't hold the level I let my risk managment do the work and look for new opportunity if the price comes back on top
We can also break and retest the level which actually happens quite often if you stay patience
Ethereum has also been outperforming Btc for 2 weeks now so that would support this and maybe move some money to alts. Everything depends of the Bitcoin Dominance chart.
Let's check some bigger time frame also
Not financial advice
If you do take trades always use stop loss!
1st mistake novice traders do I don't use them and their ass burned!
Check out my previous work "I think bottom is in"
-Palén
The Process of Creating StrategyHello traders,
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These all kind of rules you will be require to create for yourself they might be different rules depends on your strategy method now we learned the method and created the rule move forward to the next step is open the live demo trading account and trade with your strategy and apply the rules don't break the rules that you created trade at least 30 days and journal your data your taking trades after 30 days check the journal you will see your data for example in your rules you set 1/2 risk reward ratio so you need to have around 40% winning ratio check the journal check the results did you have a 40% winning ratio if the answer is yes then good to go i am sure that you know what to do next but if you failed and your winning ratio is below 40% now analyze your journal data the trades you taken you will see some of bad trades that you don't wanted to trade again just avoid those trades next time and try again the process for the next 30 days. repeat the process one day you will be profitable and consistent but if you not then try again again learn from your mistakes and don't do that mistakes again.
When yo have been profitable this is the time you wanna enter in the market open the real live trading account and start trading with your strategy and follow the rules that you created for yourself run the process and always remember trading is not quick rish scheme you need to have a lot of patience, trading is a long run game like marathon race and its required patience. some of my advice is don't try to break the rules, don't depend on one trade, some times market will give you some results that you don't want from it but be patient and be consistent with your strategy with your rules, you will be facing drawdowns but that is the learning process you will learn a lot from the drawdown so with the time you will be better consistent and be profitable just don't leave the process too soon and believe in yourself and try again again and again, trading is a very beautiful and also the easiest thing to live life but firstly in the starting it required from us to pass the test. trading is a very easiest thing but also a very hardest thing. i hope you find this post useful, i wish you good luck and good trading.
If you like the post, boost my work with like comments and share thanks!
AUDUSD, SHORTPrice action is setting up for sellers to take control as we could see a potential H&S pattern printing within the bear flag structure stsrting from the strong impulse down at the double top range.
Wait for bearish confirmation before entering a sell position.
Thanks
Trade Safe
CADCHF, SHORT Price action has developed a larger descending channel on the HTF which in nature is considered a reversal pattern.
Looking at the LTF we can see price impulsively reversed from the upper boundary moving correctively to retest the top of channel again.
Wait to see if we get a bearish confirmation for a sell opportunity.
Thanks
Trade Safe
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USDCAD, LONGPrice action is developing a flat formation which we may see one more leg down before the next impulse phase.
We can see a clear uptrend in the HTF which a long opportunity at the bottom of this structure giving is double bottoms would be a good opportunity to buy.
Thanks
Trade Safe
Share your opinion by leaving a comment below.
EURUSDHey traders, in today's trading session I'm are monitoring EURUSD for a buying opportunity around 1.08282 zone, once I will receive any bullish confirmation the trade will be executed.
GBPAUDHey traders, in today's trading session I'm are monitoring GBPAUD for a buying opportunity around 1.84461 zone, once I will receive any bullish confirmation the trade will be executed.
First big SHORT then big LONGBitcoin is doing the same as always, regardless of any news like mount gox selling thousands of btc or other fud news, however its forming a harmonic pattern right now, clear as the blue sky.
It would be risky to tell anyone to short it back into the right shoulder and then using their short profits to open a big long to finally close out at those juicy 30k+ targets, but this is where the money is at #HighRiskHighRewrard.
AUDUSDHey traders, in today's trading session i'm are monitoring AUDUSD for a selling opportunity around 0.67716 zone, once I will receive any bearish confirmation the trade will be executed.
AUDCAD, LongPrice action is shifting from a bearish market to a potential bullish one. Price is currently moving within a decending channel which is at a level that has had a strong reaction too previously indicating that we could see the next bullish phase begin.
To add confluence to this set up, we could see a H&S pattern which the Right shoulder could be in the beginning with a swing target of 0.93350 range.
Look at the LTF for an entry that meets your trading plan.
Thanks
Trade safe
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GBPCHF, ShortPrice has created a strong reversal impulse followed by a developing bearish correction indicating more downside is likely. Wait for bearish confirmation before taking this short opportunity.
Thanks
Trade Safe
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GBPNZD, ShortPrice action moving within an ascending channel which indicates a reversal is forming. Price could make one more leg up before a making its way to the lower boundary of the channel.
Thanks
Trade Safe
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UKOIL, ShortPrice has correctively pulled back to an area which we saw a strong impulse push downward breaking structure indicating could see a potential reversal occur at this level.
If we don't see a bearish confirmation validating a sell, I will look for a different that meets my trading plan.
Thanks
Trade Safe
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GBPAUD, ShortPrice is correctively moving within an LTF ascending channel within larger reversal structure which we could see a sell opportunity to bottom of HTF channel.
If we don't see a bearish confirmation to validate this sell, I will not take this trade.
Thanks
Trade Safe
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CADCHF, Short Price has pulled back to an area of value which we could get a sell opportunity to the rising trendline.
If we don't see a bearish confirmation to validate this set up I will wait for a different entry.
Thanks
Trade Safe
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Gold- Bulls need 1965-1970 zone intactI was bullish Gold all last week and suggested only one thing: buy dips
So far, my bullish outlook is unchanged, and I expect a break above 2k
For Gold to maintain its strong bullish momentum 1965-1970 zone needs to remain intact and in this zone I will look for buying opportunities for a new test of 2k.
However, a break under this level would expose the last week's low and could even put a double top formation in play.
