GBP/USD Short - NOVEMBER RECAP
Simple Break & Re-test Setup
Missed this trade during London Session - wait for what the remainder of the week holds.
Marketstructure
DXY thoughts.Looking at the past historical data on the dollar index, you will notice two zones that showed points of interest when price broke and retested those zones more than once. You will notice the mark up indicating one more retest before price continues to fall. This will help arrange other potential trade setups throughout the week.
CHFJPYThese are levels that I'll be keeping an eye on when dealing with CHF/JPY, and I'll revise as price action progresses.
I adapt to the change in money flow.
I'm rotating what I track & trade, so I'm exchanging two currency pairs for one in order to consolidate my watchlist. However, I would still like to see how P.A. play out to my levels. Feel free to watch it with me!
US 100 LONG TRADE Hello traders
We have a bullish impulse wave and an expanding correction, which we expect to get another bullish wave
EURUSD Short Opportunity - NOVEMBER RECAP (Missed)
Missed this setup - in the middle of NY Session. Nevertheless, good setup and RR
US OIL Analysis Hello traders
We have a bullish impulse wave that broke another bearish wave, and we have a regular flat correction pattern that we expect to have another bullish wave
📚 The Difference Between a Reversal and a Continuation!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today I want to share an interesting pattern that I always use to speculate (to an extent) the next move of an asset after an impulse movement.
First , locate an impulse movement, bullish or bearish.
Second , wait for the correction movement to start.
📌In case of a bullish impulse:
1- if the correction movement is bearish , then expect a continuation bullish impulse to follow.
2- if the correction movement is bullish , then expect a reversal bearish movement to follow.
And vice versa...
📌In case of a bearish impulse:
3- if the correction movement is bullish , then expect a continuation bearish impulse to follow.
4- if the correction movement is bearish , then expect a reversal bullish movement to follow.
📉 We can clearly see this pattern is playing out nicely on BTC weekly chart . I have highlighted many example with its pattern number respectively. And you can always refer to the cheat sheet on the left inside the two circles.
If we apply the same logic to the current price action. Is BTC currently in a bearish correction as per our case #4?
🗒What do you think?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember:
All Strategies Are Good; If Managed Properly!
~Rich
USDJPY Short OpportunityMonitor P.A
-price created a low, looking for signs of continuation
-price respected EMA and formed resistance with engulfing candle
-new LH formed, looking for new LL
-2.1RR
GBPCAD LONG TRADE Hello traders
In today's session, we are waiting for a buying opportunity
for GBPCAD
using a strategy
Price action and wave analysis
First Target the TOP
The second target is 1.27 FB
USOIL preparing to rise above 100 +33%Hello traders
The US crude oil stockpile decreased by about 5.4 million barrels. The decrease in the stockpile leads to an increase in prices, and this agrees with the technical analysis of US oil
BTC SHORT I would like to short it because of sentiments and low volume, market needs some liquidity for shorter and then it will liquidate long positions,
and after that fall to 13k$-12k$.
BTC LTF UPDATEif the price stops our short and breaks 16770, then we will target blue boxes liquidity and will dump for new lower low.
if price respect our stop, then will go for red boxes(firstly 16k). thats mean we will stay in sideways few days more.
Fiyat shortu stoplarsa yani 16770i geçerse, hedefi mavi kutular olup yakında yeni dip için yol alacaktır.
Stoplamayıp saygı duyar ise, hedefi kırmızı kutular olacaktır. İlk olarak 16k durağı. Bu da yataylığın biraz daha devam edeceğinin habericsidir.
EUR JPY SETUP Wave analysis
price action
liquidity
support and resistance
market structure
order blocks
poi
BTC Detailed Top-Down Analysis - Day 103Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
103 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
