Here's the setup I'm going to take on Bitcoin. Considerations The 12345 impulse wave followed by an ABC correction is what seems most probable from my point of view at the moment. The risk vs reward is there as well - we see we've formed an order block in the $39600 - $40000 area. Note This is only my setup that I want to track and it's not financial advice.
Will be looking for positions probably Tuesday.. an upside continuation would be the idea situation as we got a late push on Friday to close out a strong daily and weekly candle. Important though to wait for the retracement and get in with the best risk reward. Will stay active and hopefully give out my entry's on a few different pairs next week.
Good morning, traders! We will analyze USD/CHF on the 8H Chart (it is not a very used timeframe, but it is handy) to show the current behavior and explain why we consider that this pair has upward potential in the short term. 🔸We see a clear transition from a downtrend to a potential uptrend. 🔸Price broke the bearish channel with solid momentum but had been...
The U.S. dollar was very strong yesterday morning, as an ascending wedge is forming, i can predict a very strong sell at the trend line break, after price rejects the golden zone and the British pound showing signs of weakness. Vice versa for the upside
Hello my beauties. I think Silver is in a phase of distribution. Look at the chart for reference, and look up Wyckoff yourself. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
GER30 - Intraday - We look to Sell at 15695 (stop at 15742) Short term bias has turned negative. Trend line resistance is located at 15700. Pivot resistance is at 15705. Previous support, now becomes resistance at 15700. 50 4hour EMA is at 15718. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be...
Matic is seems like it’s respecting the trend line. We could See this bad boy finally making the big move we all expect. I would keep an eye on this one with a great risk and reward is great as Swing trade. Don’t forget to follow us for swing trades research on Risk and Reward management. Remember is a must to have a ratio reward:risk bigger than 2:1. Thank...
Hello my beauties. It seems to me that EUR/JPY is in a phase of redistribution. The arrows indicate a rough idea of what I think the price action will provide us with, and they are not to be taken as an accurate forecast of what I think will happen. Remember I'm not suggesting you should take a position, but verify the idea and monitor price in the indicated...
Hello my beauties. I'm taking a look at GBP/CHF, and it seems like a very long term trendline as been broken. The downtrend has also significantly decreased in intensity and impulsivity in the past few years. Since it seems like a very interesting area, we'll be attempting to analyse the pair from a Wyckoff perspective on a Daily/4hrs chart, and see where this...
Hello my beauties. It seems like this pair is distibuting, which aligns with my other analysis on DXY, GBP and EUR. I will only take an entry on the retest of the trading range (in red). If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you...
Hello my beauties. It seems to me that GBP/JPY is reaccumulating. The arrows indicate a rough idea of what I think the price action will provide us with, and they are not to be taken as an accurate forecast of what I think will happen. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different...
Hello my beauties. The arrows don't reflect an accurate prediction of what the price will do, just a rough idea of the areas that I'm expecting the price to move towards. For all the ones that have taken the trade already, good job! Copper has just entered a phase of distribution and I want to profit from it while it's rangebound. I will be long until the...
Good morning, traders! Today we will analyze GBP/AUD (multi-timeframe) to explain our bullish view in depth. First, we would like to start with the graph with the longest temporality (Weekly) to explain the context and where this direction comes from. 🔸Here, we see that the price rebounded on the Weekly Ascending Trendline, and since then, the upward...
IF YOU CAN see the same pattern before same support as 50MA. Amazing risk and reward set up. We this MA holds we can see XRP make a nice move in the next week. We might see a consolidation of 3 weeks. Let’s keep an eye on this one could pay good. Don’t forget to follow for more swing trades research, we do quality over quantity. Thank you for the likes and support!
Hello, It’s getting a great support on 50MA and trendline. We can have a nice position with a great RISK AND REWARD. Keep an eye on this and don’t miss this one out.
Hello my beauties. DXY has formed a massive megaphone, specifically a bearish one after an uptrend. The completion area for a bearish megaphone that comes after an uptrend is the beginning of the formation itself, which I evidenced in green. The Dollar Index might turn out to be very bullish in the next few weeks/months, as it has just retested the bottom...
In this vide I explain all the reasons why I expert to see more downside for EURUSD back up into 1.18851 level Thanks for watching! If you agree or disagree drop a comment or a like on the video and follow if you want to see more! :)
Good morning, traders! Today, we will analyze EUR/AUD in multiple time frames to explain why we consider upside potential for the short term. 🔸Based on the technical context, we see that the price is in a short-term uptrend. 🔸Recently, there was a bounce in the support zone that gave a possible completion to the current price correction. 🔸If this is the...