This is regarding the last post that I posted! The market has changed it's sentiment and so will I change mine! I will not make a detailed analysis until I get more information. My next analysis regarding BTCUSD will likely be on Sunday after the weekly candle closes. BUY THIS MARKET I will post my entry on the retest of the double top.
Disclaimer: I can't predict the market and I doubt you can too! But let's use the trading tools we have to make couple observations. I had seen this big picture move coming but I didn't pay it mind! I will post a picture I took of it! but Let's talk BTC/USD My focus here will be whether or not it can complete the -27 at 4.9k or fall further to the -618 at...
Long time since I posted but here's this nice set up! ETH is bearish in the higher time frames so I have been looking at this retracement waiting for the market to make its next move. Double Top Daily morning Star EMA serving as resistance Break of the support trendline Price rejecting of the resistance trendline Let's see how this baby plays out1 I will...
I won't get to all the details but we should easily break 6K level with this move if everything play out. This is similar to the trade I posted on ETH
Very Simple! If XAUUSD is able to break the low of 1310 then it'll open more to the downside.
This is just another add on to my analysis yesterday! For more information read the analysis posted yesterday!
I've off the market waiting for the next impulse on XAUUSD and we may have finally got it! Let's get to it! First thing first, on the higher Time Frame XAUUUSD is bearish! Monthly has a shooting star and bearish engulfing at resistance suggesting we should have a bearish month. Weekly has what I called a three inside out candle to the downside. Daily closed...
A real Break of Structure vs a deep retracement. In theory the structure of the market is as followed. - In a Bullish market - Low, High, Higher Low, Higher High and so forth! - Sometimes the market can make Lower Highs if it's consolidating; but as long as it maintains the Lower Low so it don't turn Bearish. - In a...
This is an add on analysis to a previous post. There's no real TP while looking at this, but simply the structure of the market. The main levels to look at are 1310 and 1290. Right now, the SL level is 1335 Let's see what the market does. I'll continue to update this.
This is an add on analysis on my previous XAUUSD analysis. This week I'm expecting Bearish XAUUSD unless price breach the 1355 Level! A retest of the 1343 Level would be magical but we'll just have to wait and see what the market does. I'm looking for a retest of the support trendline that price just broke! and Get on the the trade to 1323.5 then 1312...
First thing first, I've been waiting on this set up for a while. As traders, it's crucial to adapt to price whether you want something to happen or what not. But when you get the indications that the move may happen it's always good to act on it. Let's analyze XAUUSD Last week XAUUSD weekly candle was a shooting start which was an indication of the Bearish...
I posted this a while back with huge bearish engulfing but price didn't give a follow up candle! DISCLAIMER: The daily candle is not closed yet so we must will til 5 PM for this to be confirmed! We will open the trade on the lower TF break and we should head to 1224 then retest and head lower.
Unless the resistance at 90 is broken we're going lower!
Very bullish outlook on the EURUSD Morning Star on the daily! A nice retracement aftermarket broke structure. As long as the structure low holds, we're heading higher. If not then it should set up a nice Double top.
The market fail to break the 1334 area. Rejected hard on H4 and gave us a bullish engulfing. As long the price stays above 1337 we should be heading higher.
Keeping this very simple! I will post a more detail analysis soon!
Check out my previous analysis on the reasons why I'm entering this trade. H1 is not fully trending yet but XAUUSD moving above 1348 today will allow for some upside. SL 1342 TP 1355 then retest of the previous zone.. more to the upside.