usdcad fakeout master set up usdcad is preparing to form a fakeout pattern with three resistances and a fairly small fakeout area. I'm trying to minimize my area to get a good enough area. From the h4 timeframe I scaled down to the m15 timeframe and found a point that was quite optimal with low risk. enough to use SL only 20 pips with a high risk reward ratio of approximately 1:10
note : minimum risk and reward : 1:2
Tradingstrategy
AUS200 - Bullish StrategyAccording to chart analysis, We can see a bullish trend and a double bottom but there is a resistance that needs to be broken, and make sure to ride the trend because there is a bearish divergence on RSI.
Plan A: Long
Entry: 7613.3 (Current)
SL: 7524.6
TP: 7755.6
Plan B: Long
Entry: 7663.4
SL: 7561.4
TP: 7904.3
TRACKING MARKET MAKER BOTS TP EDITION- MUST READ!!Mater Jedi`s, Sith Lord`s and Padawan`s
Tonight I show you in in depth details How I use the Sith Hunter along with other indicators to set up a trade after tracking the Market maker whale bot and using multiple confirmations to confirm whether my idea is correct. The trade is still ongoing.
1. April 18th 11 pm EST the Market maker BOT entered the market.
2. April 19th 10 am the Market maker BOT entered the Market .
3. The RSI on 5 timeframes at this point is super oversold.
4. The coin has broken 5 resistance levels and flipped them to support(Green Lines)
5. The coin has risen 15% in 2 hours as the Market maker is building short positions, Lulling retail traders to Fomo in trapping there liquidity at Higher Prices (Padawan`s this is a fatal mistake).
6. Then I post the signal with my entry band being at the 3rd resistance level and My confirmation is rejection here and I am in at the top because I am waiting.
7. Then you move your stop Loss to entry while u ride that rejection wave down. Because you entered higher, You adjust and take some profit earlier.
9. This is just one method you can use confirmation Trading along with tracking the Whale Bots to create a trade
10. I invite you to read the rest of my series and the indicator is below.
May the force be with you Jedi. I am coming for you Sith and my Lightsaber with me.
AUS200 - Trading StrategyAccording to chart analysis, it is a bullish rectangle breakdown so it can be a bullish ride so we have a breakpoint at 7646.12 to make sure. If it did not test this point then strategy 2 will be short.
Plan A: Long
Entry: 7646.12
SL: 7567.88
TP: 7725.74
Plan B: Short
Entry: 7510.22
SL: 7567.88
TP: 7414.14
EURUSD - Trading StrategyAccording to chart analysis, it is in a bearish trend because of the trendline but the divergence is bullish in RSI and the falling wedge, Double Bottom is detected.
Plan A: Long
Entry: 1.08361
SL: 1.08131
TP: 1.09138
Plan B: Short
Entry: 1.9222 (Current)
SL: 1.08213
TP: 1.07549
Plan C: Short
Entry: 1.07569
SL: 1.08131
TP: 1.06806
XAGUSD - Trading StrategyAccording to chart analysis, we can see a bullish trend but it is possible that it will correct itself so we can have the following plans.
Plan A: Long
Entry: 25.924
SL: 25.729
TP: 26.925
Plan B: Long
Entry: 26.318
SL: 25.842
TP: 26.925
Plan C: Short
Entry: 25.729
SL: 26.001
TP: 24.568
Plan D: Short
Entry: 25.298
SL: 25.729
TP: 24.568
THE MOST IMPORTANT 5 HOURS FOR BTCHello Everyone!!!
BTC has been sideways for almost 3 days now, the range is between $40.700 - $40.000, and right now we are on the APEX, we will have a blast off soon.
**BTC Idea**
Please check my recent post on BTC, especially the one on Daily TimeFrame. Before we talk about BTC back to Bullish again, we really need to pay attention on the potential for Dead Cat Bounce Pattern.
BTC got rejected so many times around the Fibo 0,618 Retracement. This is actually not a very good sign, based on so many data that I found, BTC is being accumulated by the whales since Friday, but we're not seeing the price rebound, also I got an article that showing BTC got a very huge outflow from Coinbase in Friday.
Maybe because some of them expecting a cheaper price around $37K ( Fib Retracement 0,786 on Daily Time Frame ).
Like Do Kwon perhaps, through LUNA Foundation's Guard, they did accumulating BTC, but for them to Buy more, they need Sellers and they need cheaper price.
I personally not expecting BTC to drop even lower from the Major Trendline in the Daily Time Frame, but if it needs to go down, then it will go down first.
There's no demand on this area, and perhaps a cheaper price will make the whales more interested to buy more.
For now, I'm paying attention on Symmetrical Triangle Pattern, especially on the Hourly Time Frame.
Break from this pattern will give us a clear path to the chosen direction by BTC, and this also give us a clue on how to react in BTC price right now.
I'm a trader, so I need the price to show me first before I react and making decision.
This is not a financial advice, it's just my humble opinion and I could be wrong somehow.
Good luck for you guys!!
And if you guys interested on my Analysis, I would be very happy to make a YouTube videos with English language, I'll be waiting for your thoughts and please leave it on comment below.
God Bless and Cheers!!!
GBPUSD - Long - StrategyAccording to chart analysis, the RSI indicator shows bullish divergence, AB=CD Bullish Identified, Falling Wedge Reversal Pattern. Taking these points into consideration. Two Plans formed
Plan A:
Entry: 1.31723
TP: 1.33023
SL: 1.30437
Plan B:
Entry: 1.34103
TP: 1.36420
SL: 1.33023
CADJPY - Chart Analysis - StrategyAccording to chart analysis, it is possible that it will be a good bullish ride but a better strategy is to wait for trend continuation, so for that, we have possible two plans
Plan A: Short
we have a Rising Wedge which indicates a Reversal Pattern so the strategy is to enter 97.045 and TP at 95.672, SL is 98.239
Plan B: Long
we have a Bullish Pennant which indicates a Contuition Pattern so the strategy is to enter 100.197 and TP at 102.797, SL is 98.913
NZDJPY - Chart Analysis - StrategyAccording to chart analysis, it is possible that it will be a good bullish ride but a better strategy is to wait for trend continuation, so for that, we have possible two plans
Plan A: Short
we have a Rising Wedge which indicates a Reversal Pattern so the strategy is to enter 84.241 and TP at 82.062, SL is 84.883
Plan B: Long
we have a Bullish Pennant which indicates a Contuition Pattern so the strategy is to enter 86.962 and TP at 89.378, SL is 86.357