


🔸Let's review EWTX daily price chart. Strong V-shape recovery in progress. YTD gains at 218% off the lows, which is an EXCELLENT indicator of the overall health of the stock. Trading 5% below 52 week high. 🔸Based on technicals, I envision a C*H breakout in 2025 after we hit overhead resistance we can expect a pullback in order to fill the massive liquidity gap...
🔸Hello traders, today let's review 4 hour price chart for BTCUSD . We've triggered overhead supply zone currently pullback in progress. Having said that expecting limited downside before we get a reversal. 🔸Heavy stack of bullish s/r zones located at 62 000 / 63 000 / 64 400 usd. bulls will defend those levels so downside beyond this zone is very limited. fresh...
🔸Hello traders, let's review the 8hour chart for EURUSD today. Bears maintain control since we cracked the heavy psych level at 1.10 currently trading near 1.09 and expecting further losses before a potential bounce. 🔸Based on recent data from 2024 we had multiple 3.6% corrections before the bounces for 150-300 pips in EURUSD. specifically we had a 4%...
🔸Hello traders, let's review the 8hour chart for USDCAD today. Strong V-shape recovery in progress off the lows, however sentiment getting extremely overbought and also we are closing in on heavy overhead supply. 🔸Key mirror S/R detected at 3620, bears will target this level on the re-test so it's a logical target for the short sellers from overhead...
🔸Based on technicals it's entirely possible. Looking at the daily price chart of Brent Oil we can spot a sequence of lower lows having said that prices are also compressing in a falling wedge price structure which could indicate a swift reversal off the lows near 65 USD/bbl. 🔸Potential price targets for Brent at 100/110 USD bbl if the tensions escalate further in...
🔸Forex prop trading (short for foreign exchange proprietary trading) refers to a trading model where traders use capital provided by a proprietary trading firm to trade in the Forex (foreign exchange) market. Unlike traditional retail trading, where traders use their own funds, prop traders operate with the firm's capital, typically after passing a series of...
🔸 Develop a Strong Foundation in Forex Trading Before considering Forex as a full-time source of income, it’s essential to build a solid foundation in trading. ▪️Learn the Basics: Understand Forex fundamentals such as how currency pairs work, how to read charts, how the market operates, and how global economic events affect price movements. ▪️Master Technical...
🔸Time to update the NVDA trade setup, previously was expecting a correction in this market, based on fundamentals we are definitely overextended, however NVDA so far is trading purely based on momentum ignoring the fundumentals. It's the star stock of the 2024 stock market. 🔸Previous strong uptrend, we broke above key psychological S/R at 100 usd. Right now we...
🔸Hello traders, today let's review 4hour price chart for TSLA. Recently we gapped down back into trading range, based on previous update I still maintain neutral outlook until we complete the re-accumulation structure, details see idea below. 🔸Having said that I'm expecting a decent 30% bounce in TSLA based on the ABCD price fractal. ABCD fractal from 2023...
🔸Hello traders, today let's review 3 hour price chart for BTCUSD . Currently strong sequence of higher lows in progress so expecting more gains in this market into US elections in November. I recommend to focus on accumulating on dips, bulls maintain control next few weeks. 🔸Previously recommended buying low at/near 60 000 usd. trade made money. 🔸Sequence of...
🔸Hello traders, let's review the 2 hour chart for GBPNZD. Speculative XABCD in progress, with PRZ/D set at 2.1100, so expecting more losses in GBPNZD before reversal from PRZ/D 🔸XABCD structure is defined by point X at 1155, point A at 1330, point B at 1200, point C at 1360, point D/PRZ at 1100, currently most points validated, point D/PRZ still pending, so...
🔸Hello traders, today let's review 1hour price chart for gold. Strong V-shape recovery in progress off the recent lows, however heavy overhead resistance will trigger a pullback from S/R levels overhead. 🔸Strong resistances at 2665 and 2675. key S/R bulls at 2635 usd. currently getting overextended so it's recommended to focus on short selling rips/rallies from...
📖 Forex Top-Down Technical Analysis 🔸Top-down technical analysis is a method used by traders to examine the Forex market starting from higher time frames and gradually zooming into smaller ones. 🔸This approach helps traders get a comprehensive view of the market, starting from the broader trend on long-term charts and then analyzing intermediate and short-term...
🔸This is to further expand on my last idea "Become 1% Trader" This is a practical no-nonsense guide to how anyone can turn 100 USD into 50 000 USD in 10 winning trades. Review original idea via link 🔸You start off with 100 USD. We will use Forex but you can do the same with Crypto as long as you got access to high leverage 1:100. The default leverage is 1:100....
🔸Hello traders, today let's review 2daily chart for IWM . Entering re-accumulation stage now, expecting range bound trading during next fer months. We've hit heavy overhead resistace / limited upside currently. 🔸The speculative chart pattern is bullish C*H in progress, expect more range locked price action for a few months as we re-accumulate and get ready to...
🔸Hello traders, today let's review 4hour price chart for AMD. Price structure is bullish inverted H*S setup with reload zone bulls near 150 usd, currently expecting rejection near overhead resistance. 🔸AMD is trailing behind NVDA so far this year, YTD gains of 17%, NVDA YTD gains at 167%. AMD is trailing behind NVDA massively and expecting mean reversion / catch...
🔸Hello traders, let's review the 2hour chart for USDCHF today. Previous trade hit TP +135 pips, congrats if you followed, feel free to recap via link below. 🔸Prior trading range is defined by range highs at 8520 and range lows at 8420, recently price broke to the upside, however I see limited upside beyond 8600/8620 this is key s/r zone and bears will defend this...
🔸Hello guys , today let's review 2hour price chart for gold. Today we got a breakdown of key s/r level at 2630 usd this in turn exposes further downside in GOLD market. 🔸DUMP fractal in progress, speculative 5 wave impulse sequence wave 1 completed at 2630 USD, wave 2 at 2665 usd currently wave 3 in progress target for wave 3 is 2580 USD. Wave 4 bounce completes...