Impulse
USDJPY - SHORT ENTRY PRICE - 106.580The impulse to the North broke through the supply zone and formed a possible false breakout. The reverse impulse has not formed. The formation of a double top is quite possible. It’s time to start preparing to sale this pair as we reached the upper boundary of the uptrend channel.
ENTRY PRICE - 106.580
SL - 107.100
TP1 - 105.500
TP2 - 104.900
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
EURUSD - LONG (BUY LIMIT) ENTRY PRICE - 1.19900 The impulse to the North has been completed @ 1.22400. A return impulse to the South has formed. Price is going down to the next Demand Zone to complete the Cypher Pattern. Be ready to buy on a pullback @ 1.19900!
ENTRY PRICE - 1.19900
SL - 1.19450
TP1 - 1.20850
TP2 - 1.21400
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
Reversal Impulse Price Action - Trend Change Confirmation Hello everyone:
Welcome back to another price action structures/patterns video.
Today let's take a look into the reversal Impulse price action from the market.
I have back tested and seen these types of price action happen very often in any market, any time frame. Its signaling a very strong trend change and reversal momentum from the price.
Let's take a look into what it looks like usually, and how to effectively take advantage of these types of price action in the market.
Seeing them on the HTF, giving us strong bias for a reversal trend change coming.
Seeing them on the LTF, signs of reversal from the LTF first, and leading towards the beginning of the HTF reversal move.
Remember, Multi-time frame analysis is key. If we spot a potential HTF reversal impulse, then likely LTF price action is also showing reversal price action structures/patterns.
We want to pair as many positive confluences as we can together to give us an edge entering the trades.
As always, any questions, comments or feedback please let me know.
Thank you
Jojo
EURAUD - To short to 1.52400, then long to 1.55800As you can see on the chart, price is currently in a downtrend. Price has left the supply zone at 1.55800 where it turned support to resistance.
Therefore, I expect price to short to the previous support at 1.52400 before retracing upward to 1.55800. Watch out🔥🔥
What do you think?
Share your opinion in the comment section.😇
Please support this idea with LIKE👍 if you find it useful.🥳
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Happy Trading💰🥳🤗
EURNZD Time for bullish reversal
hello traders:
EURNZD has been dropping very hard since October last year. We see bearish price action to continue pushing the price down.
However, in the latest price action, we see a descending channel has been form, correcting the price to a HTF double bottoms.
This could be the first sign of the bearish momentum may be exhausted, and bullish price action is imminent.
LTF has a sharp , reversal impulse up, waiting for continuation would be nice to get in one this bullish reversal.
Thank you
USDCAD Reversal Is Imminent
Hello traders:
Once again we are looking at USDCAD for some potential bullish reversal price action.
Price begin this HTF descending channel once it reaches the HTF double bottoms area. This is a good sign that we may see bullish price action eventually.
Latest price also give us a LTF descending channel, correcting within the larger structure.
Look for bullish continuation corrections to get in on the buys.
Thank you
Weekly Trading Recap: GOLD, SPX500, GBPUSD, BTCUSD Feb 27th 2021Hello everyone:
Welcome back to my weekly trading recap video. This week I took more trades than usual, resulted in more losses.
Overall still in the positive for the month not include my BTC long term trade, so lets take a look at the trades taken this last week.
Full trading journal in my profile link.
GBPNZD - Got tagged out for 0.5% profit.
Full analysis/forecast:
GBPUSD - Took a full 1 % loss.
Full analysis/forecast:
SPX500 - Manually exit for 0.33% profit.
Full analysis/forecast:
GOLD - Took 2 trades, 2 full 1 % loss.
Full analysis/forecast:
AUDCAD - 1% loss
Full analysis/forecast:
USDCHF - 0.5% loss
Full analysis/forecast:
BTCUSD - Closed both trades down. First trade in 12.39%, second one BE.
Full analysis/forecast:
Any questions, comments or feedback please let me know.
Enjoy your weekend. :)
Jojo
DOW Looking for the bearish reversal sell Hello everyone:
Paying close attention to the US indices, and DOW here is showing us good potential bearish price action.
We see overall price has been in the HTF expanding structure, and within that, an ascending channel structure, correcting the price.
Its clear that the price isn't moving up impulsively, rather its moving sideway, consolidation period.
Latest price shows us a mini-double tops, and price gets there on the LTF with another small ascending channel, pairing with a Head and Shoulder Pattern reversal.
Look for the strong bearish breakout and any LTF continuation correction to get in on the sell.
CADJPY False breakout, Look for bearish reversal
Hi everyone:
Similar like AUDJPY, we are seeing similar price action here on CADJPY.
Price made a false breakout of the HTF double tops area, and quickly reverse impulse down.
This is a good indication of the market trapping buyers, and we can expect the next bearish push down from the price.
Look for any LTF corrections to get in on this bearish reversal from the top.
Thank you
GBPUSD Watch for bearish reversal
Hello traders:
I am paying close attention to GBPUSD now to look for the bearish reversal price action.
Looking at the higher time frame, we can see the price has been in this larger, deeper ascending channel, correcting the price.
For a period of time the price is somewhat erratic and no structure is formed.
However, the latest price action shows us something different. We begin to see some LTF price action structure, also an ascending channel.
Finally, smaller correction was also formed within the LTF channel, stacking up the bearish confluence.
Look for sharp reversal price action to break down from the channels and continue to the downside.
Thank you
USDCHF Bearish Continuations to sell
Hi traders:
Looking at USDCHF here for the bearish price action to continue.
We see price has already made the impulse down, and begin to form a channel/flag correction.
Price continue to correct within the structure, and we see a recent double tops, before some bearish price action happened in the LTF.
Look for further bearish continuations correction to bring the price out of the channel and to the lows.
Thank you
AUDCAD Broke Previous highs, look for bullish continuations
Hi traders:
Most of the AUD pairs are bullish, and I like AUDCAD's price action that broke the previous higher time frame swing highs with a continuation price action.
We can see price formed a flag like structure to push up the price from previous highs and continue higher with TF impulse.
Latest price is showing us LTF consolidation again, good indication for further upside potential.
Wait for correction to form and completes and jump in the buy to the next highs.
Thank you
GOLD Is it Ready for Upside ?
Hello traders:
Looking at GOLD now for bullish price action opportunities.
I have been looking at GOLD for quite sometimes now, and waiting patiently for a HTF correction completion.
The current flag/channel correction seem to find a double bottoms, and we see bullish impulse phrase on the LTF.
The latest price is also in a descending channel structure, look for reversal completions.
I would pay close attention to any LTF continuation correction for the buys.
Thank you