Market showing future promising trade which should breakup at some point, channel still in tact but once broken it should give a very long bull ride so watch this space.
Market looks set to more upside, TP for this trade highlighted. Trade at your own risk ...
Observing market channel, you can see market may be reaching the top of it's peak soon and a good drop should follow after this. Stay out of buys unless short term trading and look for sell confirmations for a big drop probably sometime in a couple of months. Trade at your own risk..
Market looks to have broken a channel on the 30 minutes & 1 Hour timeframe. Waiting on retest and to see if market will reject on retest before making a short entry. Remember market is within a range zone on the 4 hour timeframe. Idea based solely on technical analysis , trade at your own risk..
Market looks to have broken a channel on the 30 mins timeframe. Waiting on retest and to see if market will reject on retest before making a short entry. Remember market is within a range zone on the 4 hour timeframe. Idea based solely on technical analysis, trade at your own risk..
Just going through some markets, although I am in NZD/JPY market for my trade today, AUD/CHF is another market I could have chosen to get into a trade in. Here is how I would have traded this market. Trade idea purely on technical analysis, follow at your own risk ...
Currently in a short trade for NZD/JPY, market appears to have broken the the trend for the short term atleast, looks to be a nice setup imo. Trade purely based on technical analysis, trade at your own risk... P.S. Sorry for the break in audio.
Made this to show someone, trade at your own risk...
Have been keeping an eye on both markets, CAD/JPY and AUD/CHF for retest to get in on the buy trades. Have my alerts set and waiting. Oh and pardon where i said AUD/JPY. Purely technical analysis trader, follow at your own risk...
Market looks ready for a long trade, currently forming what looks like a breakout candle and will wait for 50% retracement of that breakout candle to find my long entry. Purely a technical analysis trader, trade at your own risk...
Someone asked a question on how to add a trend-line indicator to their chart hence why I made this visual tutorial, so now you can try it out yourself too, it can show you good channels if you try different time-frames. This is what I used previously until I discovered an even better one. Trend indicators are very useful to incorporate in your technical analysis.
Rarely trade market on this timeframe but trade was too good to resist. Trade purely on technical analysis, possible retracement down trade not taken only buy trade, so trade at you own risk. Below is the chart before breakout where I entered my trade...
Example of market breaking out of bearish trend but yet to moon (visual only). Trade at your own risk...
Market looks ready for some upside for the day. Channels broken for upside and trade confirmed. Trade at your own risk, analysis purely on technicals.
Market is at the peak of the upside channel, many should consider collecting their profits or partial profit. Downside is not confirmed as of yet though upside for this bull cycle looks to be coming to an end around $35K - $40K. Keep an eye for downside confirmation and avoid getting into any buys here for the long term. Trade idea purely on technicals, follow...
Market structure indicating incoming upside. Trade at your own risk...
Market Structure on the weekly indicates a long term upside to follow over the next coming weeks or so. Analysis bases on technicals only, trade at your own risk ...
Definitely not confident enough to trade this timeframe but interesting to see channels are very obvious in this view. Scalp at your own risk, not my cuppa.