Price has in fact broken the symmetrical triangle a while ago, broke it with a wick, which justify price going back inside the triangle again! I believe that price is ready to go higher, but before that it might shot down with a long wick to grab liquidity lying under the swing low. Expect price to go back up to complete the inverted head and shoulder...
Potential scalping opportunities on Gold with the boundaries of its falling wedge!
Potential Long opportunity on GBPAUD for long term! probably
Most likely bitcoin is gonna make a higher high before dropping back to 28000. I believe the target for a potential short term buy from the current price is 33000. My sell order is waiting at 33200 and target is 29000.
A potential buying opportunity on GOLD that probably gonna push price to 1880. This is a key level worth paying attention for, if this is broken expect a bull run from there, but it's unlikely.
So USDJPY has been pushing up abnormally the last two days, where stochastic and RSI values reached the 100% . A reversal sign is printed, and believe me this sign only prints after the code has looped twenty conditions and all of them have passed a true. I am not saying its gonna drop all the way all at once, but even i'm certain that its not gonna make it easy...
Nice long opportunity on EURUSD, just let it retrace to make a double bottom, by then k & d values on stochastic will cool off and go below the lower band. as long these values are above the upper band, don't expect price to push higher!
Here in this video I am backtesting NZDJPY on the 4 hour chart! there are some interesting signals printed. please not that this is the 4 hour chart and each signal indicate quite some move actually.
In this video, I am going to back test OIL on the 4 h chart! An interesting reversal signal was printed! A total of 9 signals, two were losers and the rest price hit profit target nicely. I used 1 :6 atr multiplier, but when there is a Reversal signal, this R:R will automatically be set to 1.5 : 15 atr multiplier.
In this video, I am going to backtest the Sell indicator that I have created especially for BITCOIN. This will be on the 8H timeframe. If you wish to see using the other indicators on lower timeframe, then please check the link below where I use the indicator to scalp bitcoin on the 15minutes timeframe.
In this video, I am going to backtest my indicators' signals by scalping Bitcoin. My indicators work best on higher timeframes and they have quite high win rate more than 85%. However this time, I am going to do something different by applying my indicator on Bitcoin the 15 minutes chart. I will go back couple of back in time and start replay mode. So let's get to it!!
So im waiting the signal for BUY to be printed, but that will take another 4 hours candle to close. But im confident about going long already here so to catch the move from the bottom on the third touch of the trend line ( the best location for an entry). The more touches the trendline has, the weaker it gets. PS. I will update this later today with a picture of...
I have been monitoring NZDCAD and NZDCHF the last couple of weeks and as you can see, all signs indicates the uptrend has reached exhaustion level. Stochastics and RSI aare way overbought, plus both pairs have been going up in a steep manner. As expected, the long waited sell signal was just printed and I thought of sharing that with you! :) Stoploss is...
Another video demonstrating the backtesting of the signals from Jan 2021! First my target was set to 1 : 9 ATR profit multiplier,, in this case I have noticed that after the signal is printed, price will go into my direction but then reverse before hitting my target. so I had a couple of losing trades because of far profit target, however, when a couple of...
In this video, I will go back to the beginning of the year and back test all the signals that were printed on the 4h timeframe. No matter what market conditions are will follow a set of rules to where I set my stop loss and my profit target. To make it easier for me, I have code both stop and profit levels into my indictors which will be printed automatically with...
Do you agree? No sell signal is printed yet, but once its printed I will update this chart so you can see exactly where it happened and where stoploss should be placed!
EURNZD was falling like crazy the last month, and I believe this move down is reaching exhaustion level. Europe gonna take revenge from NZD and respond harshly! :) so the lime dash is where your stoploss should be placed. First target is the key level 1(the white line), expect then a retracement and then continuation to the upside.