We are very bullish now and we need a bigger pullback!
Gold is still moving in a downtrend channel overall, new lower highs are being created, but what's interesting is this last touch. On the 4H chart we can see clearly that a H&S pattern has formed and if we scale down to the smaller time frame we can see that more lower highs are being made in the right shoulder, the moment price breaks structure, pullbacks and...
---> THIS IS A NAKED TRADING - NO INDICATORS <--- High probability Sell trade idea, for the downtrending general movement. The stop loss cover the previous low and the take profit is at 1:2.5, which is an easy target but you can easily extend if it breaks the support. PROFIT MANAGEMENT/TRADING PLAN: At 1:1 - Take 50% Parochial Profits & move to Break Even At 1:2...
- bearish H&S pattern developing with a target drop to 0.49 area - bearish volume and MACD divergence formed on 4h chart - broken trendlines are in orange color, active ones are blue - if support around 0.47 - 0.50 holds, next target is around 0.90 - if it doesnt hold, a drop to 0.30 area, which is going to be bought agressively im here to learn, so please feel...
Bitcoin touched 3 times the triangel and always bounced off that is a bearish sign! Your analyst Henrik.M.S! Cheers!
When ? I don't know but but in a bull market to its lot of dump. So don't be surprised at a drop of at least -20/30%
Here as you can see the market hit the top ( supply zone ) for the third time & it got rejected by the sellers pressure. It's the best time to SELL the EURUSD, so DON'T MISS THE OPPORTUNITY ! ! CONFIRMATIONS: 1. --> STRONG REJECTION ( Sellers react when the price goes to the top). 2. --> DXY CORELLATION ( DXY-USD currency index it shows signs for a bullish...
hello here are the update on Nas100 to the downside, woah that was quick now lets wait for it to go down to the targets. Give it patience to make a pattern. There are multiple entries for you guys. Don't forget you only need 20 pips to 50pips to be profitable. Also always give your trade stop loss some space to breathe so it would not tap and shot to the...
hello traders, update on nas100 potential retest again to the downside. THIS IS A SHORT BUY right now. The market gave you at least 4 chance to catch at least 20 pips every time going down. I will update to the downside soon. Thank you for reading!
MAIN IDEA: The main idea is to SHORT the rallies, SELL the top. Here we have 2 possible scenarios on NZDUSD after the ASCENDING CHANNEL pattern: Scenario 1: The market will go to re-test the supply zone at (0.6945-0.6975) and it will immediately drop down because of the strong sellers pressure caused of the resistance at old highs ( 2018 - 2019). Scenario 2:...
17200 might be the peak. The chart patterns are becoming clearer and clearer and the probability of a big drop is very high. Be cautious. It's not the first time I have called out large drops.
Hello Traders! Congrats on the profit In my previous post, I told you to sell from 1894.40 and it dropped from there perfectly. I hope you caught the trade at the correct time. The 1894.40 figure that I gave is derived from another strategy. Like My J pattern strategy, I will reveal it soon. These are the real money-making strategies. Our first Target is...
Double Top forming on the 2h chart, lets see if this drops low, its also oversold etc which will help push it down.
So im following gold... now for 3 days and he is following my trends. Like i said on another post, he will drop on 62/63 level. Good luck
My account is now 350 euros, and im waiting the 61 level, the probability to drops is huge , the gold os overbought and the dxy waiting for hours, good luck for everybody i will update my € here.
I see price broke below the previous major low on what is an overall downtrend on the DAILY. So, I have reason to believe that price will drop from this supply zone that I found on the 5 min. chart. Some demand zones developed along with the retracement rally, starting off of the reversal on the 1 hr chart, which might cut the drop short. I intend on getting out...