Impulse
DOW Looking For Another Sell Setup
Hello everyone:
Looking across the indices market have been rather bearish since last week.
WE can see most of the indices are showing signs of bearish price action, its about looking for the right confirmation before entry.
Here on DOW's lower time frame, after the strong bearish impulse down from previous correction, price naturally develop into a consolidation.
We can see a ascending channel in the making, and latest development showed u a mini-double tops, and price did reverse down from an impulse move on the lower time frame.
What we can wait for is another LTF bearish continuation correction to form, that will be the confirmation for us to look for the sell down to the lows.
thank you
ETH Hold Onto Your Sell
Hi everyone:
Similar bearish bias across the market, and here on ETH is also showing good price action for further continuation downside.
From my previous forecast/analysis from late November 2021, we forecast the possibility of the bearish reversal price action.
We then see price indeed impulse out of the higher time frame ascending channel, and sharp move to the downside.
Last week we had a a bit of consolidations, and then another impulse phase down, breaking the previous lows.
Price is now likely to correct, just as what we have seen many time over, so wait for a consolidation to complete, and that can be a confirmation for further downside.
Thank you
Nov 21th 2021 Forecast/analysis:
DISCLAIMER:
-My forecast and analysis are NOT financial Advice, you should not trade and invest solely on this information.
-There are many scammers & fakers impersonating me, my channels/platforms to scam people.
Be very careful as I will NEVER private/direct message you first to sell you anything, nor ask you for money.
Be alert of fake and scam channels/groups/platforms using my name and channel/group name to show unrealistic results and profits to sell you scams.
CADJPY Bearish development at the top, watch for sell
Hi traders:
Also looking at CADJPY for bearish reversal opportunities from multiple time frame point of view.
We can see price has hit a higher time frame double tops, and it start to develop into a rising wedge correctional reversal.
As price gets squeeze into a consolidation on the lower time frame, it start to show signs of further bearish price action.
Now that price has created a lower time frame double tops, and form reversal correction, we can then look for bearish continuation correction to confirm the downside move.
Alternatively, price may move up once more to the top of the rising wedge reversal, and then develop bearish price action for the sell from top.
Thank you
AUDUSD More Bearish Development, Watch For Sell Opportunities
Hi everyone:
Here on AUDUSD, there could be some good bearish price action that can develop to give us some selling opportunities soon.
We can see the overall price has been rather bearish, with impulse phases follow by correction phases.
The latest development shows us a potential continuation correction after the latest impulse move,
so be a good idea to pay attention to the development this week.
Whether we can get a smaller, lower time frame continuation correction to give us the confirmation to sell,
or
another corrective move up to the top of the correction and still look for bearish price action to sell from the top.
thank you
DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
USDJPY Watch For More Bearish Price Action
Hello everyone:
USDJPY is in the current ascending structure on the higher time frame,
and there could be nice bearish opportunities in the up coming days.
we can see price has made a bearish impulse down, follow by a ascending channel correction,
and the price is right back to a double tops, before the bearish momentum resuming.
Now that price has broken down from the correction,
watch for lower time frame continuation correction as a confirmation to look for sell.
Thank you
NZDJPY Same Sell Bias, Watch for confirmation
hello traders:
Also eyeing NZDJPY for more downside move.
We can see after the bearish impulse phase from the higher time frame,
and price has formed into a larger H and S pattern.
On the right shoulder we are seeing a strong bearish impulse phase on the lower time frame,
and then a continuation correction to follow.
Price is on route to breakout now, so wait for a lower time frame bearish continuation correction to confirm further downside potential.
Thank you
NZDUSD continuation downside, look for sell entries
Hi everyone:
NZDUSD is showing good signs of bearish price action, we can then look for selling opportunities once price confirms.
From the previous bearish impulse down, price formed into a continuation correction. An impulse phase did push down, but failed to continue higher.
Instead price correctively move up within an ascending channel, and created a double tops, "M" style structure.
These are good signs of bearish price action in the making.
To confirm more downside, watch for price to impulse down again follow by bearish continuation correction to confirm the sell
Thank you
Weekly Trade Recap: EURNZD, DOW, AUDUSD, GBPJPY 02-21-22
Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades closed this week between Feb 13-19th.
EURNZD: Closed down for +2.60%
Full analysis/forecast:
DOW: Closed down for BE
Full analysis/forecast:
AUDUSD: -1% loss
Full analysis/forecast:
GBPJPY: -1% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
ETH Short Term Bearish Sell Opportunity
Hello everyone:
Been on vacation this last week and haven't been posting much.
I am seeing some bearish development across the crypto market, and will pick out some sell potential.
Here on ETH, after price breaking ATH, we did not see continuation price action.
Instead, a potential double tops, ascending channel reversal structure formed, and reverse impulse down.
What we can wait for as a confirmation is if price formed a lower time frame bearish continuation correction,
that would give price another momentum to push down to the previous lows on the short term.
Thank you
AU200 Bearish Reversal Price Action, watch for sell
Hello traders
Most of the indices are looking pretty bearish across the board.
Here for the ASX, after the bearish impulse phase down, price had formed into an ascending channel reversal, and a "M" structure at the top.
These are good sign of bearish development, that could continue the bearish trend.
Last Friday we also see price commit to the downside more with impulse move,
now we can wait for continuation to confirm more downside to the next lows.
Higher time frame:
Thank you
Matic Will We See Another Bearish Move ?
Hi traders:
Also on my watchlist for short term crypto bearish move is MATIC.
We can see a clear, higher time frame double tops,
and price move up to the highs correctively within the ascending structure.
After hitting the ATHs. no bullish continuations,
instead, a bearish reversal from the top.
Now that price is pushing down impulsively, watch for the break of the current structure,
and confirm with a lower time frame continuation correction before looking for the sell entry down to previous lows.
Safe Haven Currency, How are they affected by global eventsHello everyone:
Want to talk a bit more about safe haven currency in the market.
Since the recent tension between Russia and Ukraine,
the safe haven currency could strengthen as a result of such uncertainty in the world.
We will take a look at some past history of these currency pairs,
how they react to the market at the time, and what could we reasonably expect in the current market conditions.
Safe Haven Currency
USD
JPY
CHF
It's in our interest to look for opportunities when a strong currency is paired with a weaker one.
This generally will move the price very impulsively with strong momentum.
Pair such as these below will potentially develop the best price action for good R:R trades.
AUDUSD
NZDUSD
USDCAD
GBPUSD
AUDJPY
NZDJPY
CADJPY
GBPJPY
AUDCHF
NZDCHF
GBPCHF
CADCHF
Always have good risk management when it comes to entering. Don't enter all the pairs, don't open too many positions,
and understand correlation between the currency pairs.
Thank you
DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
Jojo
USOIL Can It Start To Drop ? All Eyes on Russia
Hello traders:
Lets take a look at USOIL and the possible bearish price action its developing.
Price has formed into a larger, higher time frame expanding structure, with a few swing highs and lows to confirm a structure in the making.
The latest development shows us a lower time frame ascending channel reversal, and we did indeed to a sharp bearish impulse down.
Ideal to wait for the confirmation of a bearish continuation correction on the LTF to confirm the downside move.
With the recent situation between Russia and Ukraine, its can certainly affect oil price should we have more escalation between the 2 countries.
But, if there is no further escalations, then the technical price action perspective and the multi-time frame analysis can very well play into the price.
Be patient and observe the development next few days and see.
UKOIL also has similar price as well, I have also forecast the price action also.
Thank you
AUDCHF Further Bearish Development
Hello traders:
Looks to me like more AUD pairs are continue more bearish momentum across the market.
Here on AUDCHF, we can see after a bearish move down from the price, price falls into a bigger consolidation.
Slight ascending like, and price within fail to continue higher, instead a reversal impulse down within the correction.
Now the price has show its on route to break down lower, best to look for further lower time frame bearish continuation correction to get in the on the sell
Thank you
NZDCHF Bearish Momentum Stronger, Look for continuations
Hello traders:
Last 2 weeks ago I was more looking at AUDCHF and NZDCHF that can start to have bullish reversal up move.
However, in these last 2 weeks, price failed to build up any bullish price action or momentum to the upside. Instead, it consolidates more.
This is usually an indication that there's a balance of buyer and seller currently in the market, and price tends to correct.
Now, if we look at how price has develop now, compare to Covid-19 in February 2020, we are basically getting the same development of the market.
If this current consolidation stands and we see price commit the further downside with lower time frame continuation correction, then watch for more sell opportunities down to the next swing lows.
Thank you
UKOIL Back to top, watch bearish reversal price action
Hello traders:
Lets take a detail look into and what could be some possible development in the coming weeks.
From my previous analysis we can see price did push down to the lows of the higher time frame structure, but just didn't continue the bearish move.
Instead, we then see some bullish impulse phase reversing up.
In the last 2 weeks or so I have been updating the short term oil up move in my community/group.
Knowing that once the price reach the previous highs, there could be possible bearish reversal opportunity that is align with the HTFs.
We can see now price has approach the previous highs, could be potential double tops that could form in the up coming days.
What I want to see if some clean bearish reversal price action, such as Head and Shoulder, ascending channel/structure, Rising wedge...etc that can confirm the downside move.
Alternatively if the double tops doesn't form, watch price move up to the top of the HTF structure correctively, but still look for downside move if bearish price action formed.
Thank you
The short term buy forecast and outlook from
12/07/2021
01/05/2022
01/09/2022
01/12/2022
DISCLAIMER:
-My forecast and analysis are NOT financial Advice, you should not trade and invest solely on this information.
-There are many scammers & fakers impersonating me, my channels/platforms to scam people.
Be very careful as I will NEVER private/direct message you first no matter what.
Be alert of fake and scam channels showing unrealistic results and profits to sell you scams.
Is it safe to LONG USOIL?Hello traders,
WTI is not a pair I usually trade but I have noticed a clean Wyckoff accumulation from the 1H timeframe.
On the pullback when the imbalance will be filled I will be looking for a confirmation entry for buys.
It's also possible that we can see a potential reaccumulation in that area.
However, we never know until where the price will retrace.
Either way, we are going to react not predict.
I wish you all a profitable week!
DISCIPLINE
Strive for patience, perseverance, determination, & rational action.
Limit your losses, use stops.
Never cancel a stop loss order after you have placed it!
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
Bitcoin - Crash AFTER the Fed meeting or Impulsive growth?Looking at this chart, we can see 3 strong and very important MarketMaker trading levels
Everything that is between levels 41.350 - 43450, I evaluate as a flat channel (accumulation / distribution)
Given the structure of the market, as well as the fear of buying now, I expect trading in this range, with an exit to the top.
And it is more logical for me to work in a long position now, with a short stop loss under the level of 41350
I plan to open a position at 42000 - 41800 - 41550
(1% of the total deposit for each pending order)
The ratio of Short/Long positions is 51/49 in favor of short positions.
I will add that the H4 Timeframe trend has now turned from support to resistance.
All markets opened in red, making all think we can finally see $39/41k, D1 trend, and retest 38500-40000
EMA H4 200 could hold, At this point it seems a bit "too optimistic for most traders"
But I do not think so.
Now everything looks on #long
The only time I will consider going short is if the price closes below 41500 on the 4H and 8H timeframes.
EURUSD Analysis Welcome back! Here's an analysis of this pair!
**EURUSD - listen to video analysis.
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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Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
EURCAD Impulse Correction ContinuationWelcome back! Here's an analysis of this pair!
**EURCAD - listen to video analysis.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
SAND Bullish Price Action Outlook
Hello traders:
Beginning to see many of the crypto pairs are having good bullish price action on the lower time frames that could lead to more upside move in the weeks to come.
Here on SAND, after the strong bullish impulse up, price naturally form into a bullish continuation correction.
With a few swing highs and lows to create the current flag structure we are seeing here, and within, a descending channel which reverse the price up.
Now that we are at the top of structure, best to wait for the impulse move pushing price out of the flag structure,
and form continuation correction as a confirmation to look for entry.
Alternatively, if price doesn't right away push up, one more move down to the lows of the structure is still possible,
and if there is bullish reversal price action at the bottom of the flag structure, it can still validate the potential buy if reversals form.
Thank you
DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.