We successfully hit the ExoFade predicted target. Now a new peak has formed and the new peak is the new predicted target of $86 Its a mix of Fear and Excitement.. We all know what happens when anything goes up too fast in record time, a dump is always around the corner. So i can't stress enough how cautious we need to be extremely careful and practice smart risk...
The Exofade indicator is predicting a price target of 52.47 for $TRUMP on m15 chart. This is one of the ways i use the ExoFade, is for setting price targets . After a rally in one direction, you get a curve or peak, whatever you like to call it. This signifies the end of that rally, when can be temporary in the case where it turns out to be a pullback Or permanent...
If you remember my last analysis from August titled "Bulls in the Hot Seat," this follow-up will make a lot of sense. The price movement aligned closely with my projections, and all predicted targets were achieved. This new analysis builds on the same value area, with adjusted VAL (Value Area Low) and VAH (Value Area High) to reflect current price...
Hopes of feds cutting rate is getting more credit across the market and we also have Powell about to speak in the morning. If he further confirms what the rate cuts anticipation, then it's fair to expect a continuation of the USD/JPY dump . At the least we can take some profit at value area low and leave a runner for an expected lower low
We need to close some higher timeframe candles above 61,252 to get BTC back in heavy volume range we've been trading in since February. If we dont re-claim this value area, its going to get ugly. If the re-claim is successful then we'll shoot for 67k POC, if successful, then we shoot again for the 71k highs , then MAYBE a new ATH. My personal opinion If you want...
LVN entry in-between double distribution of the SP500 . This entry has a 2.51 RR potential with just 10 point SL and 103 points TP. Trade will be executed on both ESM24 and MESM24. Most ideal place for and early exit or TP1 would be the top of the VRVP If trade fails and price gaps down through the Low volume area, then the next potential good entry will be...
We saw a nice dump on dxy this morning initiating a weekly reset. CHF broke below value area low on my volume profile. At this time dxy is also taking out previous week low, scooping up liquidity below the 4hr bullish order block. It might still bounce from the 50 EMA below the 4hr order block, which will cause CHF to sell a little bit more, But after that bounce,...
If you caught any of my previous analysis of this pair i posted a week or so ago, you will see they all played out in profit. Another amazing entry opportunity is now open on on AUD/NZD on the weekly chart . Listed 5 solid confluence below with a juicy 1 to 6 risk/reward. Since the entry is on the weekly chart, you have hold this for a long swing or just buy all...
We cant call it a Falling wedge because it's not exactly making lower lows, it has more equal lows. And we cant call it a bearish pennant also because we need lower highs to make it a bearish pennant. Both it satisfies the higher lows necessary to qualify it for both a Falling wedge & Bearish pennant. I guess we're just somewhere in the middle. We still have our...
Heads and should currently forming on 30mins TF, which is what we want to see to kick start the retracement forcast i posted few days ago.
Four Confluence 1. Bullish order block area 2. Got CC buy signal as soon as we wicked out of the block 3. The area is below the Value Area Low of the volume profile of the range 4. The area a low volume area for the entire market profile TP TARGET Golden zone bearish retracement from Swing High. - I will re-enter into a SELL at TP to ride the trend back...
If this is not a text book inverse heads and shoulders, then probably need to get some glasses. What do you guys think ?
We recently broke down from the smaller bearish pennant then be bounced back above it. Looking at the bigger picture, it appears we are in a bigger bullish pennant and we have one tested the top of the triangle JUST ONCE indicated by the LH. If we get one more LH, then this is bullish pennant is solid & creates an opportunity to trade the bounces inside the...