Hey Guys What's Up My analysis always understands that the market has opportunities for the bulls and bears to eat. You just need to study and know where you are in the market...secure your profits and don't be greedy. The body of the 4hr candle is currently sitting at support level of a recently created 4 hr trend line. Price is also currently approaching the...
Hey Guys What's Up My analysis always understands that the market has opportunities for the bulls and bears to eat. You just need to study and know where you are in the market...secure your profits and don't be greedy. The body of the 4hr candle is currently sitting at support level of a recently created 4 hr trend line. Price is also currently approaching the...
The purple shaded boxes represent an area that can be referred to as a magnet. These magnets areas (i.e. places of consolidation, accumulation, demand) and places where price is always trying to reach. The yellow shaded bars are for the day traders or individuals that just want to take profit and get out the market. The yellow is from minor structure 15...
The purple shaded boxes represent an area that can be referred to as a magnet. These magnets areas (i.e. places of consolidation, accumulation, demand) and places where price is always trying to reach. The yellow shaded bars are for the day traders or individuals that just want to take profit and get out the market. The yellow is from minor structure 15...
Hi Depending on your trading style, account size and lots there is potential for both bulls and bears. Few things minor structure shows a pull back, potentially to 12240 or 12195. If price does not hold 12175 in the 4hr. Meaning if price closes near and pushes below next level will be 12100. However there is an inverted hammer in the 4 hr that could created a...
Hey Guys, I am waiting for a bearish trade followed by a bullish push up, to potentially retest the monthly trendline SS Entry Pt 1.32500 TP1 - 1.32060 Tp2 1.31450 Tp3 1.30940 tp4 - 1.30220 Currently I am not looking to take any buys here unless there is a correction push down, or price breaks 1.32760 - then I will look for a buy with TP area at 1.34160,...
Hey Yall, So I am waiting to see if CJ holds 107.650ish or it breaks this area. Currently this area has been support & resistance in the pass so clearly its a breakout area. I back tested all the way to 2008. The bearish entry is sniper and risky with tight sl (which keeps loss minimum) - also note that this bs is similar to the pullback entry that took place...
Hey Guys, So with the Ger30 there is some need for correction. The 4hr had a bearish impulse from 13520 area all the way to where it is now 12760, the market is due for some correction. Impulse, correction/pullback, trade....market moves this way most times. Also note Ger30 has a gap down from 12920- 12880 from Asian session Thursday night that has yet to...
ETH has a bearish weekend impulse and the asset may be in need for some correction. Also something to note is that July 18th (pushed up & through resistance) and July 25th 2022 (level of support bounced and pushed back up) the 1330 area. I see the correction potentially going up to 1470 and the next bullish area being 1575 (although I don't see price going...
XRP looks like it is going to push to touch that resistance area again, the .41000 area. Looks to be double top forming. If the resistance holds price will push down to .32000 area throughout the month (overall play but not right away). Indicating a strong dollar. And if it breaks the opposite can be expected Price is currently consolidating but has not created a...
I am not going to give entry pts. However if you look you see a few things: 1. Lower Highs 2. Resistance Level - Look to the left 3. Double Top 4. Overall Trend is bearish I don't normally trade chf pairs but if the setup is there why not take the chance. Scale into the entry, don't over leverage and trust eh set up.
Currently price is at the same resistance level from March 2021. At that time price shot down to 30780. I also see that price was on a downward trend followed by what now seems to be an ascending wedge . Lastly in the monthly all i see is lower highs, we have 6 days left in the month so we will end the month again with a lower high. August might be a rising month...
Currently price is at the same resistance level from March 2021. At that time price shot down to 30780. I also see that price was on a downward trend followed by what now seems to be an ascending wedge. Lastly in the monthly all i see is lower highs, we have 6 days left in the month so we will end the month again with a lower high. August might be a rising month...
As you guys know US30 when trading us30 there is always opportunity for the Bears and the Bulls to make money. Its all about timing and awareness to where you are in the overall setup I see price pushing down- a correction after this slight impulse move. Price will come down to test the trend possibly in the 32750 area. After price will come back up to test 33500...
With CHFJPY I see that we had a descending wedge, coupled with equal triple bottoms (or consolidation)...I am expecting a breakout to the buy side. I am practicing my support/resisteance, trendlines and candlestick patterns. I don't normally trade CHFJPY.
AUDCAD is looking like correction/pullback sell before the continuation of the major play which could be a buy. I would take about a 40-50 pip sell see the at about .88585. Chart consist of support/resistance, trend line, and EMAs.
Looks like UCAD is in a consolidation box. I am waiting for price to break this area before taking a buy or sell. Many other CAD related pairs have CAD coming out and looking very bullish based on support/resistance as well as EMAs (I use 9/20). However with UCAD depending on your trading preference you could get an intraday sell and maybe a swing buy. Many...
I am just charting up correlated pairs....I would rarely encourage a sell on OIL but I think CAD is ready for another bullish run which means bear OIL