Context over pattern is King when deciding bias and this is how you cuck retail. Theyre either denied a short entry and forced fomod higher later with shit entries OR they are given the short entry, take out relative equal lows for liquidity and swing the other way to eat their stop and create new structure. This cup and handle ( which coincidently prints at a...
Introduction Break of structure is a popular trading strategy. It is trade along the current direction of structure but cut loss or even reverse when break of structure. @salehifx_trader and @arashhabibpooor et. al. said they feel disappointed when they receive the trend reverse signal with huge loss. It is possible the price may pull back or temporarily leave the...
King based made from Rally-based-Dropped in Late retest mode.
Short on the 71% and Add on 78% Target 1.0400
Not much to say here. Methinks most people have missed the storm. If you haven't tell us about it! LOL.
I'm posting this trade too late unfortunately, as an inspiration for you. I still think we can hit second target but I recommend not to buy here. Next time I'll post faster.
Late entry on retest, adjusted stops and targets.
This was posted late, but I have my full video analysis from last night you can watch on youtube. The link to my channel is in the description!
Hey guys! Today my intention was to upload a trade update idea on Gold, because we entered another buy. We will be doing it tomorrow night... This one is quite a better one with a nice setup just formed minutes ago during FED announcement. We were waiting on USDCAD for another move to the top - for a short entry after 3 cycles of bullishness. The high was...
BUT IF IT BREAK IT WILL BE TIME TO LOOK FOR BUY WAITING FOR REVERSE
Bitcoin: BTCUSD 3 minutes too late... The fall from the right hand shoulder peak at just below the next long trigger at 7425 has been greater than expected for sure. Any stops under buy orders at 7250 have been blown away. Not good. Any day-trading profits from upside earlier to 4725 neck line now reducedby the bad recent long if buy orders at 7300 were...
Sorry, didn't put this up earlier but it's still valid. SGMO has bearish divergence between 11/14 last year and 01/13 this year (white arrows on chart and RSI ). Also as usual, RSI shows signal for selling (overbought). The price also happens to be at the downtrend channel resistance. The volume profile shows increased more seller-to-buyer ratio since 01/17....
Hey traders, USDJPY 4H has just put in a nice Cypher pattern. I was actually involved in this last night when the 0.786 retracement of X-C was hit, however this morning it has pushed slightly lower and is still valid. As a result, you're getting a better Risk Reward on this pattern. Will be looking for the usual double target positions and rolling the stops from...
Bat Pattern NZDUSD Late but can still Involve
3x week previous hi 249.2 lo 218.3 swing hi 249.2 lo 214 Buy volume for WK4-27 was equal to previous sales volume. Opening 219 and closing at 240 WK5-04 buy volume also increased around a 1/5th. Skinny price action rebound 226.5 closing 240.5 WK5-11 sales volume reached to a little more then 1/2 and never equalized to the previous week opening 240 closing 236