I'm 2 for 2 on NOKDKK swings, can we get the third swing? Like the NOK/JPY pair, the NOK/DKK pair also looks to want to reverse trend soon. This ticker actually looks like its has already done its pullback and tested lows and is now going to swing up. It could pull back again but I would be looking for longs for now. I'm not personally taking a trade on this pair...
AUDUSD looks interesting by giving us some 4hr closes above the last leg down. It looks like it wants to reverse trend soon. My gut says LONG this thing but my brain says it hasn't tested the previous low properly. I could be wrong about that. I'm looking to take this trade, but I will be sitting on my hands waiting for a retest around 0.67010 or lower w/ stop...
NOK/JPY looks like it wants to reverse trend by giving us a nice 4hr range break signal. Closes above the last leg down gives me the impression it wants to move upwards soon. At this moment there are two closes above the golden line which is good, a few more would be better. But before we FOMO LONG, stop and think, "could this retest lows?". Yes. In fact that's...
See my previous chart on NOKDKK where we predicted its swing up. Now NOK/DKK appears to be failing trend on 4hr, giving us definitive closes (circled area) below our last leg up (green line). Marked with texts were the levels to hold and seeing as the bottom looks to have failed, it has a better chance of going down. We are currently trading @ .77593 after a...
I picked a random futures chart and copper seemed to have a nice setup in process. Might actually take this trade. Red circle shows closes above last move down to make our low, signaling possible trend reversal. At this point we are now in the middle of the pullback and it looks like it might make the desired higher low. This is where I would get long and take...
Doing something a little different with the chart and added two green buy boxes on where I'm planning to buy. As you can see 4hr has given us a trend reversal signal by closing over the texted marked line and has come down to test lows and make that higher low we want for longs. I'm personally taking a small long right here (first green box) but expecting it to...
Looks like 4hr is trying to close above last leg down to give us the trend reversal signal. Look for closes above the marked texts, then get long on the pull back down. Wait for the pull back. NOT FINANCIAL ADVICE. TRADE SAFE.
Possible trend reversal coming up, needs a few closes below the line marked w/ text. Simple trade guys. If it closes below let it fall, get short on the pull back OR vice versa. No trade yet, just waiting for a directional signal. Gut says short it though. NOT FINANCIAL ADVICE, TRADE SAFE!
Looks like a nice rejection here on the 4hr, and with rejection comes testing local lows, which is where we are now. I expect it to hold this next move down to levels. But nothing is 100% so we wait for closes below or above the markers on the chart and get in on the pullback. My gut wants to go long but we are waiting for the setup. NOT FINANCIAL ADVICE. TRADE SAGE.
So check my last chart to see where I told you what needed to happen to get here. Spoiler alert. I was spot on. Now we have a fresh high and fresh failed to gain. Not a bad place to get short with tight stop just above previous highs. BUT TO TRULY KNOW IF THIS IS THE TOP... you have to lose the high. Look for a close below the last leg that took you up and then...
Looks like we got a trend reversal signal (closes above the last leg down) on the 4hr chart. One of my favorite time frames to trade. Looks like we are right in the middle of the pull back. Keep an eye on this higher low here, might be the one that takes us up. I'm personally longing this one from this range, easy stop loss near or below previous lower low as...
We can see that its clearly in a decisions making zone. Will it go up or will it go down? This is a NO TRADE ZONE FOR ME. I wait for it to signal by closing on one side of these lines to signal continuation or reversal BUT WE DONT BUY OR SELL THAT BREAK OUT. We wait for the pullback and get in or ladder in there. This makes your stop loss a no brainer and you...
Look at my old LINKBTC chart to see where I showed you trend reversal on the upswing. Now its reversing trend on the downswing. We've closed above the 4hr level to hold which indicated our reversal. Look for a pullback to the green line or ladder long entries to catch the pullback and let her rip. NOT FINANCIAL ADVICE. TRADE SAGE.
So it looks like we broke the level to hold (the circled area). Price action closed below the last leg to your local high, this is a signal of possible trend reversal, its never 100% but probably top 3 if not top way to confirm changes in trend. This could be the pullback after the close that I always talk about, I'm personally taking a small short here and will...
Close above top line to get upward continuation. Wicks do not count as gaining levels. Close below the marked level for probability of a trend reversal.
Here is an alt coin I'm personally going long on. We see a nice hold from the previous low. Nothing has been gained though, keep that in mind. Momentum looks promising for Longs but not set in stone. Look for a gain of the previous move downward, looks like we already tested it but didn't close above, there is still a chance though. Stop loss is below previous...
Could this be the pump before the dump? Im going to say, yes. They will have to close above ATH for continuation upward. This is where you get short, on the retest of highs with stop loss tight or slightly above ATH. Looking for a swing low if that wasn't clear.
Chart says it all. We need to gain (close above) NOT WICKS to continue upward. Or close below level to get a trend reversal. If there is a close below, it will drop, then pull back for a higher low and then start a deeper drop. NOT FINANCIAL ADVICE - TRADE SAFE.