NZDJPY Potential SELL Setup!NZDJPY: price broke structure to the downside... I am waiting for price mitigate that marked Order Block. Overall, I expect this pair to push to the downside according to the illustration on the chart
Structureanalysis
US500 BUY SETUPUS500 Structure is pushing upside, we can discern price approaching a Flip Zone aligning with Equilibrium fib level. I expect a continuation from this area
EURJPY setup Hi everyone , this my next week EURJPY setup,,
Everything is explained on the chart along with a simple forecast ,,
If you like the setup give it a BOOST & FOLLOW for more,,
TRADE SAFELY .
STRUCTURE - The key to success!STRUCTURING - The key to success! (Part 1)
That structuring and order is the key to success, most will have already heard and partially applied in their own lives.
- Chart analysis is no exception and after correct application the results are even monetarily noticeable.
- How this can be implemented specifically in "TradingView", I present to you in this article.
TABLE OF CONTENTS
1st Part = THE PROBLEM
2nd Part = THE SOLUTION
3rd Part = CONCLUSION
PART 1 = THE PROBLEM
"EVERYONE WILL KNOW THE EXPERIENCE,
TO HAVE SET A TRADE, TO BE SURE OF VICTORY,
ONLY TO BE MERCILESSLY STOPPED OUT."
In hindsight, you analyze your failed trade and realize that in another "Time Frame" an important support/resistance level was below/above your "Stop Loss" and the "Trade Idea" was already - BEFORE - INVALIDATED.
-> So one could have saved the "LOSS".
Most of us will analyze several "Time Frames" to know - which levels are strong/weak and relevant.
-> Regardless of the preferred "Time Frame", one will include the next larger/smaller "Time Frames" in one's analysis.
-> The more "Time Frames" you analyze and include in your final decision, the more confusing it gets.
-> The chart looks like a battlefield and the probability to make a profitable decision diminishes - significantly.
The time spent to put together the individual pieces of the puzzle to the big whole is no longer presentable.
= Headaches and a bad decision are pre-programmed.
To avoid this problem and to make the "Multi-Time-Frame" analysis as effective as possible. I have tested the possibilities provided by "TradingView" and worked out solutions that work for me.
-> I will present these in the following posts to inspire you and possibly provide a solution for an already existing problem.
The benefits of a working structure are:
"LONG-TERM TIME SAVINGS" + "SIGNIFICANTLY BETTER DECISIONS".
2. PART = THE SOLUTION
2.1. INTEGRATION OF THE OBJECT TREE
The platform provides an "element" overview - of all objects drawn in.
-> this option is an excellent way to structure all the objects located in the chart.
- If you haven't used this option before, you will probably belong to the majority.
- Unfortunately, this tool has not been sufficiently promoted by "TradingView", which is why it is unknown to many.
You can find the "Object tree" on the right side, at the very bottom. (Image 1)
If you have never used / structured the object tree before, it will look similar to our "UN-ORDERLY" example. (Image 2)
In the third image, you can see how it can be once you take the time to add order. (Image 3)
To get an overview, you can sort the drawn objects into groups and label them, depending on your own preference / structure.
- This works with a simple right click on the object (e.g. Fib-Retracement).
- There is then the selection "CREATE A GROUP OF DRAWINGS".
Once several groups have been created, you may need a placeholder.
Any is not provided by the program, but can be easily created yourself.
= Simply draw a point with the BRUSH tool.
-> switch off all Time Frames at Visibility
-> create own folder for this point with e.g. "- - - - - - -".
3. PART = CONCLUSION
With a little effort, order and structure can be provided here in the "much" edited charts.
How you want to set up this structure is entirely up to you. In case you need a little inspiration, you can take the one I created.
- - - - - - - - - - - - - - -
IDT - Supply&Demand
IDT - Fibonacci
IDT - Trendlines
IDT - Point of interest
IDT - Market Structure Break
- - - - - - - - - - - - - - -
HTF - Supply&Demand
HTF - Fibonacci
HTF - Trendlines
HTF - Point of interest
HTF - Market Structure Break
HTF – Volume level
- - - - - - - - - - - - - - -
LONG IDEA
SHORT IDEA
- - - - - - - - - - - - - - -
IDT = Intraday
HTF = Higher Time Frame
If this idea and explanation has added value to you, I would be very happy about a review of the idea.
Thank you and happy trading!
EURGBP Slow moving but likely to fall to supportWelcome back! Let me know your thoughts in the comments!
**EURGBP - Listen to video!
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
US500 Short SetupUS500 is structure is bearish, trend is pushing down and right now we can discern price gravitating back to 1H order block. Let's wait and watch how price will react from this point of interest. Goodluck!
GBPCAD I Structure Trade I Short from Resistance 200 PipsWelcome back! Let me know your thoughts in the comments!
**GBPCAD - Listen to video!
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
EURCAD Detailed Trading Plan! Let's GO!Welcome back! Let me know your thoughts in the comments!
**EURCAD - Listen to video!
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
EURGBP New rising trend line +80 Pips Welcome back! Let me know your thoughts in the comments!
**EURGBP - Listen to video!
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
CADJPY Swing Upwards +100 PipsWelcome back! Let me know your thoughts in the comments!
**CADJPY - Listen to video!
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
USDCHF possible SHORT SETUPUSDCHF structure is bearish, price has approached our point of interest (POI)... we can see some reaction on 61.8% fib level taken from previous lower-high to lower-low and a trendline adding a confluence of resistance. I expect this pair to continue down as indicated on the chart
SILVER (XAGUSD) Key Levels to Watch 🪙
Hey traders,
Here is my latest structure analysis for Silver.
Resistance 1: 20.81 - 20.96 area
Resistance 2: 21.9 - 22.0 area
Resistance 2: 21.3 - 22.51 area
Support 1: 19.41 - 19.55 area
Support 2: 18.14 - 18.43 area
Consider these structure for a pullback/breakout trading.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
US500 possible bullish setup?US500: price has reach 4310$ resistance level, from this level we can expect a retracement to a previous SUPPORT AREA marked on the chart then a continuation to that indicated ORDER BLOCK on the chart. Structure is bullish, this setup is highly probable.
USDOLLAR Long Setup!USDOLLAR: market has been developing in a falling channel but managed to break to the upside recently. We have a beautiful retest on a resisting channel line, I am expecting this instrument to launch to 13050$ and possibly form a gartley pattern
GBPJPY Sell continuationGBPUSD: HTF trend is pushing down, recently price breached the counter-trendline to the downside. 4H we're looking at a harmonic cipher structure that can potentially sway to the downside. I'm expecting this pair to continue pushing downside to at least the marked target on the chart
ETHBTC Sell OpportunityETHBTC has reached a day orderblock, we can expect a shift to the downside from this area, within the local structure on 4H, there's a change of character to the bearish environment, i'm expecting a sell on this market
US30: Harmonic Bat Pattern CompleteUS30 that printed a beautiful harmonic bat pattern, I'll be going short according to rules of this harmonic . Target are marked on the chart. Goodluck!
GOLD: Approaching a Good Point of Interest (Waiting to Sell)GOLD is approaching a good Point of Interest, I will be waiting for price to reach this area and see if we can sell confirmation.
AUDUSD SELL OPPORTUNITYAUDUSD: price breached the counter-trendline to the downside, structure is bearish and overall trend in bearish. This market retraced back to 38.2 fib level aligning with a strong level of structure. I expect this pair continue to the downside
Head and Shoulder Possible Head and shoulder Pattern creating and sell opportunity at Fib level 0.5 as 2nd shoulder lets wait till price reach our zone and we get some more conformation for short selling.
Trade safely my friends and let me know your views on this Idea in comments
AUDCAD SCALP Analysis and PROFITABLE RECAP!Welcome back! Here's an analysis of this pair!
**AUDCAD - Listen to video!
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
POTENTIAL SELL SETUP ON EURAUD I'll keep it simple we want a break out and retest current support/demand are. Once confirm SELL ENTRY Is Fully activated. Use proper risk management regardless if the market go sideways or in the direction we predict that market is going.
