JakieGuerrier
Market has fished for a lot of liquidity, and is planning on moving up
Big money stopped me out when they were fishing for liquidity. But no worries. We will redo the trade, but this time, our stoploss will go bellow the wick of that candle
Yay, last times analysis was a success With 1,000$ Of paper trading Using only 2% of my account. I made over 50 dollars (paper money) That's a 5% increase, oh yeah!! I did do one mistake tho( I thought that the market would retrace sooner than it really did) The market should move down at least 1 or 2 candles before shooting up. Where going long again...
Big money broke the lows of the wicks Stopping out retail traders. Banks are buying up their positions, getting reading to move the market up.
The market is currently in a demand zone, accumulating and getting ready to move up
When the market touches the Flag, It will make a big move up The flag marks when the two support and resistance levels Meet.
I fixed the trendline Fixed S&R lines Added divergence line Added Fibonacci that's all...
The market is no longer trending but consolidating I'm anticipating a break out At the moment I don't know how strong the break out will be
Right here is the importance of multi-timeframe analysis As you can see, We have a healthy trend How do I know this? When the price in a trend rises, volume increases, when a trend does a pullback, the volume decreases. If you see these things in a trend, know that it's a healthy trend.
At the moment, the candles seem to be forming an inside bar. Looking at the volume of the inside bar with a light touch of the Ema I'm going to view the inside bar as I would an outside bar(outside bars bring indecision into the markets) I can tell that there is not much bullish or bearish movement in the candles, And the volume of the bullish candle is...
Daily volume support ✅ PitchFork retracement ✅ Hourly support lvl ✅ Ascending triangle pattern ✅
At the moment I don't know what will happen at the orange line. Buy I'm for sure that a buy Signals is about to be created using these indicators.
Predicts price retracement on up trends and down trends This works in trending markets- still in progress. I’m also trying to see what strength the trend needs to be for it to really work how it should. How I made it Take the Fib extension tool Go into settings, put it on percentage Use these two codes 1.618 (after placing the tool on the chart it should say...
I think it will go up, this chart is not as obvious as the last one I made
I changed some things to make them more noticeable. What I've notice is that... 1 the market is about to reach the down trend level 2 that trend lvl is also a strong fib level ( .236 ) 3 if the market respects that those levels and goes down then I feel that it will complete a head and shoulder. And eventually break though the green support and resistance lvl 4...
I've just done some analysis, I feel that the market will react to the support/resistance lvl that is also at the 61.8% fib level, and make a strong move downwards. Am I right or wrong? Please feel free to guide me.
I put a link to my idea down bellow. It’s a trend analysis. I don’t know how to tell if a resistance/support line will be respected or not
This is not a strong prediction but for EURCAD I feel like the buying pressure will be strong enough to stop the sellers from using the price as resistance because the past support lvl for buyers was a very strong lvl in the day time frame. I think that when price gets to the area of the blue rectangles, selling power will become stronger as that area is a hourly...