AUD/USD 0.66910 -0.23% LONG IDEA HTF BIAS 🐮HELLO TRADERS
HOPE EVERY ONE IS GREAT A LOOK AT THE AUD/USD HIGHER TF PROJECTIONS FOR THE WEEK
DXY DAILY BIAS
* Should the DXY CONTINUE its bearish trend we looking for the AUD/USD to continue bullishly.
*Bias for the DXY IS STRONGLY BEARISH hence AUD/USD WE'RE STRONGLY BULLISH Sentiment wise
AUD/USD DAILY TF
Similarly to the EUR/USD
* We saw a Big indecision candle close on friday.
* Beautifully Rejecting off the +FVG.
* Looking for some push towards the downside to take internal range LQ/ discounted price
*PERFECT OTE for longs in continuation with the trend.
1H TIME-FRAME
* Today looking to clear some SELLSIDE a tap into that +OB.
* Looking for some bearish moves into HTF internal LQ before continuation with the bulls.
VIOLATION OF +FVG CHANGES THE WHOLE BIAS
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
Continuationpatterns
EUR/USD 1.09390 - 0.02% LONG IDEA HTF WEEKLY BIAS🐮GOOD DAY TRADERS
HOPE EVERYONE IS WELL
A look at the EUR/USD ahead of the week
DXY ( - CORRELATION)
* Should the DXY CONTINUE its bearish trend we looking for the EUR/USD to continue bullishly.
*Bias for the DXY IS STRONGLY BEARISH hence EUR/USD WE'RE STRONGLY BULLISH Sentiment wise.
EUR/USD DAILY
* We see a Big indecision candle close on friday.
* Beautifuly Rejected of the -FVG
* Looking for some push towards the downside to take internal range LQ
*PERFECT OTE for longs in continuation with the trend.
1H TIME-FRAME
* Today looking to clear some BUYSIDE.
* Ffor some bearish moves into HTF internal LQ.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
US100 16396.9 +0.18 % MULTI TIME-FRAMES 🐮🐻Good Day Traders
Here's a bit of a dive into the NASDAQ Multi time-frames out look.
WEEKLY
* Saw a sweep of some external range liquidity.
* Strong Momentum Shift & a CHANGE IN STATE OF DELIVERY
DAILY
www.tradingview.com
* The overall still bullish NASDAQ MIGHT just see some retracement into discount areas before continuation.
* NASDAQ has a shift in the momentum towards bearish side in the form of Market structure shift on the daily time-frame.
* looking for a possible bullish Day into Internal range Liquidity before continuation with the bears.
* Retracement into internal liquidity would be great for possible shorts in coming weeks
4H
www.tradingview.com
* A bullish day highly favored today
* looking for mitigations of bearish PD ARRAYS / INTERNAL LQ ABOVE BEFORE continuation.
* Momentum post-ASIAN SESSION indicative as well
1H
www.tradingview.com
* Ext liquidity was taken WED NY-SESSION
* just respected bullish FVG ON the hr.
* A shift above the fractal High will indicate that we might close the week bullish
lets see how it goes.
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SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
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9 AM ZAR TIME
ICT SILVER BULLET EXECUTION
Here is today's SILVER BULLET set-up which presented multiple entries.
1. Swept Asian highs and internal range liquidity
2. Aggressive momentum into the range.
3. 1st entry was an inversion FVG + BALANCE PRICE RANGE
4. 2ND entry classic ICT 2022 ENTRY MODEL
5. 3RD ENTRY REJECTION AT THE FVG
Target > 1hr +FVG
www.tradingview.com
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
NDX100: Thoughts and Analysis Today's focus: NDX100 (NASDAQ)
Pattern – Continuation.
Support – 15,765
Resistance – 16,115, 16,085
Hi, and thanks for checking out today's update. Today, we are looking at NDX100 on the daily chart.
Today's video asks if NDX100 will continue to move higher after starting to break out of a range consolidation pattern. When these patterns are seen in uptrends, we tend to look at them as continuation patterns with a new breakout higher confirming the pattern.
We have run over what we are watching and things we want to see to confirm a new leg higher or things that could set some alarm bells for a potential fail or continued consolidation.
After Friday's higher-than-expected jobs data, the NDX100 started to confirm a breakout. Price is close but hasn't yet broken out, and resistance remains in play.
Will buyers shake off a weaker start to the week and push the price into a new up leg?
Good trading.
AUDJPY: Thoughts and Analysis Today's focus: AUDJPY
Pattern – HL Continuation
Support – 96.10
Resistance – 97.52
Hi, and thanks for checking out today's update. Today, we are looking at the AUDJPY on the daily chart.
Today's video asks if the AUDJPY will continue its continuation pattern. We have run over the price action that drew us to this setup and what we want to see to give us confirmation. We have also run over warnings from price that could invalidate the setup.
If we see buyer confirmation, we will then look for a test or break of 97.52 resistance. This could suggest that the current upleg is becoming a new short-term trend.
Good trading.
GBPUSD: Thoughts and AnalysisToday's focus: GBPUSD
Pattern – Continuation
Support – 1.2270
Resistance – 1.2390
Hi, and thanks for checking out today's update. Today, we are looking at the GBPUSD on the daily chart.
For now, we contnue to watch a continuation pattern that's currently developing. We have selected the G/$ as, in this case, the confirmation bar has yet to form, and it's a decent example of trying to forecast the bar based on the pattern we are watching.
We have listed what we are looking for in today's video to confirm the pattern and warning signs to look out for in case it fails.
The EURUSD also shows the same setup but is further along in terms of confirmation. This pair is also worth watching for a potential continuation.
Both pairs rely on USD momentum remaining bearish, and we have also covered the USDX quickly in today's video.
Good trading.
Binance Coin -> Massive Risk To RewardMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️
I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Binance Coin.
After the solid break and retest in June of 2020 Binance Coin followed the crypto bullrun and pumped more than 5.000% towards the upside. With the recent -70% correction Binance Coin is forming a triangle pattern and if we see a breakout I do expect a massive pump again.
- - - - - - - - - - - - - - - - - - - -
When the market moves where, and how, and if - these are all unknown.
The only thing which you can control is your risk.
- Philip Basic Trading -
Keep the long term vision🫡
Navigating Market Turbulence: Unveiling the Bearish Flag Pattern
In the world of technical analysis, patterns often provide valuable insights into potential market movements. One such pattern, the bearish flag, is a vital tool for traders seeking to identify and capitalize on bearish trends. In this comprehensive guide, we'll explore the bearish flag pattern, uncovering its characteristics, formation, and implications. With real-world examples, you'll gain the knowledge to spot this pattern and make informed trading decisions in bearish market conditions.
Demystifying the Bearish Flag Pattern
What is a Bearish Flag Pattern? 🚩
The bearish flag pattern is a continuation pattern that occurs during a downtrend. It resembles a flag on a flagpole, hence its name. This pattern suggests a brief consolidation or pause in the downtrend before the price resumes its downward trajectory.
Key Characteristics of a Bearish Flag
1. Prior Downtrend: The bearish flag pattern forms after a notable downtrend, indicating bearish sentiment in the market.
2. Flagpole: The flagpole is the initial sharp decline in price that precedes the flag's formation. It represents the strong selling pressure.
3. Flag Formation: Following the flagpole, there is a period of consolidation where the price moves in a horizontal or slightly upward range. This forms the flag itself and indicates a temporary pause in the downtrend.
4. Volume: Ideally, the volume should decline during the flag formation, reflecting a decrease in trading activity.
5. Breakout: The bearish flag is confirmed when the price breaks below the lower boundary of the flag, resuming the downtrend.
Bearish Flag in a Stock
Bearish Flag in a Forex Pair
The bearish flag pattern is a valuable tool for traders seeking to navigate bearish market conditions. By understanding its characteristics and monitoring its formation, traders can identify potential opportunities to profit from the resumption of a downtrend. However, like all technical patterns, it should be used in conjunction with other forms of analysis to make well-informed trading decisions. The bearish flag pattern is a powerful addition to any trader's toolkit for analyzing and interpreting market dynamics. 📉🚩
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Love you, my dear followers!👩💻🌸
EURJPY EURJPY has formed expanding triangle or we can say a megaphone pattern.
Usually price react extremely well to the support and and resistance of the pattern as we can witness in the pattern.
Currently the price is at the resistance of the pattern , if the price start to continue dropping the next target could be 157.715 followed by 157.192.
Ripple (XRP) -> Triangle ContinuationMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Ripple.
Since the beginning of 2018 Ripple Coin has been trading inside and forming a quite bullish triangle pattern which is most more often than not a simple continuation pattern.
I am now simply waiting for a breakout which is roughly at the $1.4 level and then we could see another crazy pump of more than 1000% towards the upside.
- - - - - - - - - - - - - - - - - - - -
I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
UPST ready to run higherUPST on the daily chart is 65% below its highs of March 22 . It rose above the long term POC
line of the volume profile two months ago after a favorable earnings report. Another earnings
will report in a month. There has been very little trading above the current price in the visible
range. This means there is little volume resistance to price rise. Price is presently at the
longterm mean VWAP anchored 16 months in the past and got there by rising from the support
of the line one standard deviation below the mean aVWAP. On the zero-lag MACD, the lines
have first crossed under the histogram and then ascended in parallel above the zero line in
yet another sign of bullish momentum. Lastly, the three in one indicator including money
flow is all green.
I readily conclude that UPST is set up well for a long swing trade targetting just below the
mentioned swing highs and so $160 or so. This would be about 200% while setting a stop loss
at $50. I believe the trade offers a great potential reward to risk and so will open this
position while identifying an entry on the 15-30 minute chart looking for a pivot low.
GOEV pulled back and is re-entry ready LONGGOEV on the 30 min chart had a big trend up from June 30th through July 5th- then pulled
back for two day before a huge momentous move up on Friday July 7th. where it moved
from the support of the mean VWAPs anchored in mid June into overbought territory
two standard deviations above that level. On Monday July 10, price dropped precipitiously
back to those mean anchored VWAPs. The past day was marked by sideways consolidation.
The volume profile shows the heaviest trading volume at just below the VWAPs which is
cross-validating. The Chris Moody MTF RSI indicator shows the lower TF RSI in the past day
has crossed above 50 and now at 60 meeting the higher TF RSI. The zero-lag MACD has the
lines crossing over the zero horizontal line and parallel suggesting a bullish continuation.
Overall, I see a long trade setup with possible significant price movement anticipated perhaps
in the range of 20% targeting the pivot high last Friday.
RIVN is showing a pullback for a long entryRIVN on the 2H chart rose 67% to begin July as part of the larger EV sector rally
which included several other tickers including those from UK and China. It has
pulled back significantly since completing a double top on July 13th. Price is
now hovering over and supported by the mean VWAP line anchored to July 1st.
The two time frame RSI indicator shows both lower (blue line) ane higher time
frame ( black line) RSIs at 50 or higher with the blue line closer to that transition
zone. The zero-lag MACD shows the subtle cross under the histogram which
has changed from negative to positive. Overall, although the best entry is at
$20 from a very deep pullback, I believe that RIVN is now setup for a long trade
following a continuation or even a call option contracts trade. I will take a
position in call options at this time.
NKLA round bottom reversalNKLA has reversed a trend down in the past week as it clear concerns with potentially being
delisted with NASDAQ. The symmetry in the trends is shown with an arc overlaid. This
brings to mind a cup and handle pattern in progress. It seems likely the NKLA will have
a bullish continuation from the good news of stability of its NASDAQ listing. Potential
buyers on the sidelines may take positions and generate momentum. I will trade a long
trade early in this upcoming shortened trading week. The longer-term anchored VWAP provides
support as so just under that will be the stop loss. The first target is 1.70 which was a
resistance level a few weeks ago.
USDJPY I Slight pullback and continuation of trend +200 pipsWelcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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APTOS: Bullish Flag Pattern Detected Continuation to $20!Hello, Traders! Today, I want to share an exciting technical analysis finding on Aptos (APTOS). A bullish flag pattern has been identified, indicating the potential for a continuation of the previous uptrend, with a target of $20. Let's dive into the details!
📈 Ticker: APTOS
📅 Timeframe: Daily Chart
📊 Pattern: Bullish Flag
📉 Understanding the Bullish Flag Pattern:
A bullish flag pattern is a continuation pattern that typically forms after a strong upward price movement. It consists of a flagpole (the initial sharp rise) followed by a consolidation phase in the form of a rectangular flag. This pattern suggests that the market is taking a brief pause before resuming the upward momentum.
🔍 Identifying the Bullish Flag on APTOS:
Upon analyzing the daily chart of APTOS, the following observations come to light:
1️⃣ Strong Uptrend: APTOS has experienced a notable upward price movement.
2️⃣ Rectangular Flag: A consolidation phase formed with parallel trendlines, resembling a flag, following the initial rally.
3️⃣ Decreasing Volume: The trading volume during the consolidation phase has declined, indicating a potential temporary lull in market activity.
📈 Price Targets and Trading Strategy:
If the bullish flag pattern on APTOS plays out as expected, it suggests a potential continuation of the previous uptrend. Consider the following revised price targets:
1️⃣ Target 1: Resistance level near $15.00
2️⃣ Target 2: Potential breakout towards the next resistance level near $18.00
3️⃣ Target 3: Extended move towards the top of the bull flag near $20.00
🛡️ Risk Management:
Managing risk is crucial for successful trading. Implement the following risk management techniques:
1️⃣ Set a stop-loss order below the lower boundary of the flag pattern to protect against unexpected price reversals.
2️⃣ Adjust position size based on your risk tolerance and overall portfolio management strategy.
🔔 Conclusion:
Keep a close eye on Aptos (APTOS) as it exhibits a bullish flag pattern, indicating the potential for a continuation of the previous uptrend. The revised price targets suggest potential resistance levels at $15.00, $18.00, and an extended move towards the top of the bull flag at $20.00. However, please note that technical analysis is not infallible, and market conditions can change rapidly. Combine this analysis with other relevant factors and fundamental research before making any trading decisions.
Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a qualified financial professional before making investment decisions.
Happy Trading! 📈💰
#tradingview #technicalanalysis #bullishflagpattern #APTOS #continuationpattern #tradingstrategies #investing #finance #marketanalysis
GOLD-USD| CONTINUATION |LONG SETUP|ONE HOURGOLD-USD is moving in BULLISH direction from last few hours. The bullish movement remain to continue as the price is steadily RISING and the Relative Strength Index (RSI) is synced with the price action thus bullish momentum of GOLD-USD may be gaining its momentum.
In addition, Bullish Flag Continuation Pattern can be also seen at ONE Hour Time frame.
Based on above, it appears that the GOLD-USD can take a bull run from the ENTRY Price mentioned in the chart. Thus, it can be an opportunity for a LONG TRADE if it breaks the ENTRY PRICE level.
The Risk to Reward Ratio is suggested 2% of the total portfolio.
Best of Luck..
AUDUSD 0.66453 +0.36% SHORT IDEA 📉🐻💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at AUD/USD in the coming week
1. Closed the week RANGE bound.
2. Looking at the possibility of the bears coming into play.
3. Shold we break below the +FVG Looking to mitigate +OB below.
4. Definitely looking for some LQ runs before deciding on the pair.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
DXY 103.192 - 0.32% SHORT IDEA 💡📉🐻HELLO EVERYONE
HOPE EVERYONE HAD A GOOD WEEKEND.
* Looking at DXY for directional bias for the week.
1. The INDEX could not take the lows giving a hint that bulls could still be in play..
2. We closed the week having created some +MSS & + BOS.
3. Looking for reversal into the +OB.
4. For the week looking for this correction.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
USDJPY - New Bullish MoveHello Traders👋🏻
On The Daily Time Frame The USDJPY Price Broke The Higher High
If Price Stays Above The Key Zone,
USDJPY Can Create New Higher Low and Continue The Bullish Move 📈
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TARGET: 136.812🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
EURNZD 1.74680 -0.29 % LONG IDEA 🐮📈💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at EUR/NZD HEADING INTO THE LONDON SESSION
1. ASIAS BSL TAKEN.
2. LOOKING FOR A PUSH INTO THE -OB / FVG & OT 50% FIB.
3. Looking at momentum heading into the PD arrays.
4. Looking at that unfilled FVG as a possible entry with the BULLS.
5. TARGET would be the the BSL & THE DAILY -OB.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!