Bullish Reversal patternThe market is on a down trend because of the lower high and the lower low then price make a higher high
And a same low confirm that price want to go up. If u like this idea like and comment for more ideas like this.
Countertrend
KO daily bullish hammerKO daily bullish hammer wave 4 of downtrend gotta be quick
Buy Stop 57.32 LMT 57.32 GTC
Sell Limit 59.39 GTC
Sell Stop 55.70 GTC
AMZN daily bullish hammer wave 4 of downtrendOrder BUY AMZN NASDAQ.NMS Stop 116.44 LMT 116.44 will be automatically canceled at 20230101 00:00:00 EST
AMZN daily bullish hammer wave 4 of downtrend into 50% Fibonacci retracement gotta be quick countertrend.
XLF daily bullish hammerOrder BUY XLF ARCA Stop 30.88 LMT 30.88 will be automatically canceled at 20230101 00:00:00 EST
XLF daily bullish hammer wave 4 of downtrend into 50% fibonacci retracement gotta be quick countertrend.
JPM daily RSI divergence with bullish hammer wave 4 of downtrendJPM daily RSI divergence with bullish hammer wave 4 of downtrend. Gotta be quick countertrend.
NVDA daily RSI divergence at the end of wave 5 downtrendNVDA daily RSI divergence at the end of wave 5 downtrend. Expect ABC correction or change of trend )))
NZDJPY - Bullish SharkTo those who trade based on currency correlation, this is one setup you have to look at. On the surface, the NZDJPY and NZDUSD both have a Bullish Shark Pattern on the 1-hourly chart, but if you look closely at the 4-hourly chart, you will be able to see the future of these two pairs differs from one another.
On the NZDJPY, the Shark Pattern is more direct, in and out of the setup. However, on the NZDUSD setup, there is a potential trading combo setup.
Check out the related ideas at the bottom of my tradingview post to learn more.
USDJPY-Weekly Market Analysis-Oct22,Wk1My analysis of this Bearish Crab Pattern still stands, but generally, I'm not optimistic when I see a series of consolidations happen before the completion of the Crab Pattern.
Patience is Virtue.
Let's see how this trading idea pans out.
PGR daily bullish hammer good volumePGR daily bullish hammer good volume gotta be quick since countertrend
Buy Stop 120.50 LMT 120.50 GTC
Sell Limit 124.96 GTC
Sell Stop 116.93 GTC
ABNB daily bullish hammer at local pivot highABNB daily bullish hammer at local pivot high gotta be quick possibly wave 4 of downtrend. Moved my stop loss to $105.02 after this day bullish candle.
DIA bullish hammer end of wave 5 wave 3 downtrendDIA bullish hammer end of wave 5 wave 3 downtrend. Wave 4 of downtrend gotta be quick into Fibonacci 50% retracement.
Order BUY DIA ARCA Stop 295.19 LMT 295.19 will be automatically canceled at 20230101 00:00:00 EST
QQQ daily bullish at exact bottom Order BUY QQQ NASDAQ.NMS Stop 277.04 LMT 277.04 will be automatically canceled at 20230101 00:00:00 EST
QQQ daily bullish at exact bottom expect ABC movement for wave 4 of the downtrend. Countertrend to Fibonacci retracement 50%
SPY daily bullish hammer ABC correction for wave 4 of downtrendOrder BUY SPY ARCA Stop 368.32 LMT 368.32 will be automatically canceled at 20230101 00:00:00 EST
SPY daily bullish hammer ABC correction for wave 4 of downtrend. Expect fibonacci retracement 50% before we go lower. Countertrend.
EURUSD - Potential Double TopA potential double-top setup is great for both counter-trend and trend traders to hop onto the trade.
The trade might not hit my final target taking level but there's a high chance for it to reach my risk-free zone before market close(finger-cross)
SQM bullish hammer at local pivot low wave 4 of downtrendOrder BUY SQM NYSE Stop 96.09 LMT 96.09 will be automatically canceled at 20230101 00:00:00 EST
SQM bullish hammer at local pivot low wave 4 of downtrend gotta be quick
SOL daily bullish hammer on MA 200 gotta be quick countertrend. SOL daily bullish hammer on MA 200 gotta be quick countertrend. Stop loss below the wick, take profit at 1.2.
Educational Series: Trading with the MACD (Part 4)Using the MACD for counter-trend signals is likely to lead to losses and more difficult trading experiences than you would like.
With the downward channel indicating a downtrend , and if you were to look for MACD crossover below the zero line, to signal a buying opportunity...
The first 7 buying signals show price climbing briefly/slowly to the upside but reverses strongly.
Only in the last example, as price bounces off the support of the channel and a brief shift in fundamentals led to the trade climbing to the TP level.
Remember : Countertrend trades have a 70% chance of failure. If you are relatively new to trading, look for trend-following trades first.
In fact, even if you are an experienced trader, trend-following trades should still be the primary/idea set up.
BAC daily bullish hammer at double bottom supportDAC daily bullish hammer at double bottom support gotta be quick countertrend and earning are around the corner.
Episode578 CADJPY - Bullish CrabAs much as I like to prize this Crab Pattern as the ultimate setup for the week, this Bullish Crab Pattern has a major warning sign.
Trained Harmonic Pattern traders can comment at the bottom.
The reason I would still consider this a Crab Pattern is because the levels converge at 104.08.
The better setup this week is the Bearish Crab Pattern on the USDJPY Daily Chart, check out the link at the bottom.
USDJPY-Weekly Market Analysis-Sep22,Wk5Monetising on the idea that USDJPY has a completed Bearish Crab Pattern on the Daily Chart, I'm waiting for this odd-looking Bearish Shark Pattern to complete at 145.27.
Normally, I wouldn't have factored in the fact of BOJ intervention that makes the chart an odd-looking one, but because the level of the PRZ within the shark pattern converges, I'm going to observe how the market reacts at 145.27 before engaging the trade.
USDJPY - Bearish Crab checkbackA Bearish Crab Pattern has been completed. I'm waiting for the USDJPY to checkback at 144.56 and wait for a shorting opportunity. This could give counter-trend traders and opportunity to jump onto the trade.
GBPAUD - Counter-Trend on Structure A simple structure based trade with Great Profit Factor even to the 1st target.
