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.
Countertrend
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.
NZDJPY - After bearish run, yet..After a bearish run, the market does respect the support level but fails to push RSI to the oversold region, which became a concern for me to engage in my initial trading ideas.
I will wait for further confirmation before engaging on the trade.
BTC SHORT? Maybe I have been looking at these charts for too long but this looks good to me. If nothing more then part of it completed. Technically it's too soon to consider this because if you look up still plenty of room, but without some retracement is unlikely to me. We are also about to enter2nd MM Killzone. We just tapped the ceiling so, tapping the floor seems logical. I am just messing around not risking much on this trade. Don't have to risk much if it even half is right. As of now we are still very much in an uptrend and we technically made a higher high which makes this trade about absurd and against the trend which is not the best thing to do in most cases. I opened the position cause something on a volume footprint chart that was out of place. It indicated to me we could reverse soon. This probably is not the smartest trade, but I have never been great at following the crowd. Even funding rates are positive and predicated rates are positive.
24500 Is a massive supply zone or resistance if you prefer. It has a ton or orders stacked there. 25000 is the heaviest looking at it from a market maker view. There is almost no support below volume or limit order wise. Below 23600 is empty at the moment it would move through there with haste if it gets there.
If this has already started by the time this is published you can always find a pull back and enter the new downtrend I believe is going to form. Lets see how it plays out. My long that just completed played out wonderfully. Wish I had published that one. I only published it private cause I had my personal levels on it I have since removed.
We just 10 seconds ago enter KZ2 I mentioned earlier. Lets se what happens and who gets taken out. Good luck. Looks like it already started, sorry for late post, but it could very well come back close to entry a few times yet. Oh and I know that's not the traditional way to use FIB levels, it's something I use just to mark areas of value. I use the volume profile more. Set TP at higher volume locations.
AUDCAD - Bearish Shark 🦈 The Bearish Shark Pattern has went to the 2nd entry level, as a Shark Pattern Trader, you have to be aware that this harmonic patterns can have as much as 3 different entry zone.
Conservative Trader can consider to wait for retest of 0.8947 to engage the trade.
GBPAUD - Bullish BatThe overall trend of GBPAUD is a Bearish Trend. You must know that the bearish trend is pretty strong with the current market condition.
However, there is a counter-trend trading opportunity; a bullish bat pattern has been completed, and at this moment, it is having its retest. You can wait for a 3-bar reversal pattern before engaging the trade.
USDCAD - Bearish Deep GartleyA Bearish Deep Gartley Pattern check back. What!?! It's rare, but it does happen.
I"m waiting for the candlestick to close and confirm a long shadow for my aggressive trade. This trade could potentially give me a lower risk and higher returns, if you know what you are looking for.
USDCAD - Bearish SharkA Bearish Shark setup has its retest. But is this it, or not? Shark Pattern can have up to 3 entry zone, test 3! So it's best to wait for candlestick confirmation to engage the trade and ever over trade.
NZDUSD - Bullish SharkThat is why the Shark Pattern and the Crab Pattern is the toughest harmonic pattern to trade. And that is also why we must ensure that our students are well-versed with Harmonic Patterns and have profited from other Harmonic Patterns before we teach these bad boys.
We are back into the waiting phase; I'm waiting for a 3-bar reversal pattern to engage the trade.
CADJPY - Bearish BatCounter-trend traders, this is another trading opportunity, a Bearish Bat Pattern completes on the daily chart.
It will be a busy Monday for traders. Share this with your friends, so they won't sleep through Monday and missing lots of trading opportunity.
What I love about this setup, there are RSI Divergence on the lower timeframe.
NZDUSD - 5-0 PatternCounter-trend traders, this is my favourite setup for the week, a 5-0 Pattern on the 1hourly chart. I will be waiting for the 3-bar reversal to engage the trade and as an experience trader, this trade will give me an opportunity to have lower risk with higher returns.
