Trading Idea Breakdown for USD Index (DXY)
Chart Overview:
Time Frame: 4-hour and 1-hour charts
Instrument: U.S. Dollar Index (DXY)
Key Levels and Zones:
Daily High:
Level: 112.304
Significance: Significant resistance level from previous price action peaks.
Weekly LQZ (Liquidity Zone):
Level: 108.007
Significance: Key zone where price has shown notable...
Trading Idea Breakdown for XAUUSD
Chart Overview:
Time Frame: 4-hour chart
Instrument: Gold Spot (XAUUSD)
Key Levels and Zones:
Daily LQZ (Liquidity Zone):
Level: 2450.370
Significance: Major liquidity area where price is likely to experience significant reactions.
4-hour / LQZ:
Level: 2437.909
Significance: Intermediate liquidity zone crucial for intraday...
Well, what a crazy day.
Did you guys see that momentum rally carry into today's Gap Up/High pattern? Boy, sure would have hated trying to short this market trend and watching my account collapse.
This video shows you why I believe the momentum behind this move may carry into and through the big data hitting tomorrow. We may see a very strong rally tomorrow...
4H
Market was moving in Bull Flag formation.
3rd touch of trend line was aligning perfectly with the -68 Fibonacci.
Missed the early entry on this trade.
New opportunity now to get involved.
Bullish impulse: indication .
Pattern within pattern: confirmation.
Inverse Head & Shoulders, Bullish M.
Clear support & resistance zone is there.
1% risk
Today's Momentum Rally never really showed up.
Remember, I've been warning you these SPY cycle patterns are not 100% accurate all the time. They've done a fantastic job of calling the markets correctly over the past 17+ days. But, today, the Momentum Rally never really materialized.
As you'll see in this video, I believe the momentum for a bullish price move was...
Here I have EUR/USD on the 4Hr Chart!
Now we see Price on EU has made a sort of "Rounded Bottom" making its official LOW @ 1.06660
Now with Price struggling with the Resistance Zone @ ( 1.08441 - 1.08266 ) it is beginning to form what looks to be a Potential CUP & HANDLE PATTERN!!
This pattern after the completion of the "Bowl" is typically followed by the...
DPWIRES is around the support area
Stock has corrected appx 35% from highs
Previously stock always corrected between 30-35%
So it has nature to give 30-35% correction !!
After a fall, Stock is around support area which is working from 2020
We may see bounce from 450 level and see further upside !!
Thank you !!
This continuation of my Plan Your Trade video series highlights the potential price rotation we'll see today with the big CRUSH pattern. Next week, I believe, will result in a substantial rally phase throughout the week of July 4th.
Today's big CRUSH pattern will likely result in a fairly deep downward price move in early trading, followed by a period of...
Good Morning.
This continued video series highlighting my Proprietary SPY Cycle Patterns is designed to help you understand how to prepare for, and trade expected market trends.
The SPY Cycle Patterns are predictive. They represent shapes/trends of future price bars on the SPY that can help traders understand where opportunities may exist for trading. They can...
Plan your trade to prepare for future price moves using my proprietary SPY Cycle Patterns.
This is a continuing video series related to my proprietary SPY Cycle Patterns. These unique patterns highlight potential price moves/trends weeks and months in advance.
I wanted to highlight the next 15+ trading days on the charts and track these potential setups to see...
Here I have Bitcoin on the 4 Hr Chart!
In the Overall Daily Chart, price on Bitcoin looks to be Consolidated!
But scoping down to the 4 Hr, we see Price has been using this Support Zone @ $64,500 - $65,500
- Feeding the Bullish Bias is purely boiled down to Technical Analysis being the:
- Tweezer Bottom
&
- Bullish Engulfing Candlestick Pattern forming...
Did you watch my SPY Cycle Pattern video this morning? Were you aware that today was designated a Harami-Inside type of price action? This type of pattern represents a very narrow, often trendless, trading day.
I warned all of you before the market opened that today would be a day to sit back and wait for the market to show us whether it wanted to trend or not....
$BINANCE:ETFIUSDT (4H CHART) Technical Analysis Update
ETHFI is currently trading at $4.1 and showing overall bullish sentiment. Price has broken out from the resistance zone and showing a good bullish momentum. Our first target is around the resistance zone (4.3-4.4) and we can expect the price to reach around 4.8
This is a short term trade and if the price...
4H
Bullish impulse: indication .
Pattern within pattern: confirmation.
Inverse head & shoulders, Bullish fake out flag.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
-68 Fib completion aligning with entry zone .
= Buy limit set.
1% risk.
Based on current trends and analysis, I forecast that XAU/USD will reach a new all-time high (ATH) this week at the earliest and next week at the latest. Therefore, we should consider taking a Long/Buy Action in the market. Here are the key insights:
Reversal: There was a strong rejection at the 2291 area after experiencing a strong rejection at 2393. This is...
