Trend is short in all the major time frames. Countertrend is broken at the SHORT TRIGGER, target is the Weekly support.
The trend is short on the Weekly and the Daily, but this short trend may prove as the correction of the last big wave up on the Weekly. Below the closer Daily support, the price may target the next Daily support, then the Weekly. Above the Daily IMP, the Daily short trend breaks with waves up, so buyers may push the price towards the next Weekly and Daily...
The market is long on all the major time frames, with 1 wave up on the H4, building the correction. Above the LONG FROM zone, the market is back in the impulse phase in the primary trend, so target fibo shows the zones to take profit. The idea is valid until the H4 low is broken.
The trend is mixed. Weekly is up with a Daily wave down, H4 already back up again, meaning we are is the correction of the correction (3rd trend). Longs may rush in above the last H4 South breakout that hasn’t been tested, Shorts may come in to push it to the 38.2 core fido test below the H4 IMP.
There is a valid Daily short trend that is the countertrend of the Weekly long trend. The countertrend line breaks at the recent Daily high, where buyers may rush in the market, pushing the price to the Weekly/Daily target fibo area. A risky bearish move may come to the Weekly support and the Daily support zone below, but full short is only below the Weekly...
The trend is long on the Weekly with a valid Daily countertrend. H4 waves are long, and from the Daily IMP, price may speed up in the direction of the primary long trend. Below the H4 IMP, Daily and H4 trend becomes bearish, and the price may decline to the correction fido 38.2
The trend is long on the higher time frames, and H4 started to align, however, the price is in the accumulation phase. The rise may speed up above the long trigger levels, reaching the H4 resistance and the target fido 138.2-161.8 zone. The idea is valid until the price significantly breaks below the H4 and the Daily IMP (start of impulse).
The trend is long from the Weekly to the H4, so I’m expecting the price to reach the target zone marked by the H4 target fibo levels and the Daily high that is close to the fibo 161.8. Long impulse starts above the latest H4 South Breakout (LONG TRIGGER). The idea is valid until the price significantly breaks breaks below the H4 IMP (start of impulse)
GJ is heading towards the weekly south breakout zone that is in line with the H4 138.2 fibo target. A trade from the trigger zone to the targets. Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT! Remember that...
The market made a nice impulse up on the daily, and the correction of this long impulse brought the market into a range. A break from this range may take the price higher into correction or deeper in the direction of the primary trend, but I would take profit on the short trades at the start of the daily corrective impulse, and wait for a countertrend to target...
Key is that a strong impulse move hit the massive zone (weekly local high). This usually ends up in either slowing down, some correction and after beating that massive zone, going on with the impulse, or a nice correction. Zones show places where a short position may be initiated. Trade safe! ⚪️⚫️...
After a nice impulse up on the weekly and the daily, buyers were taking back important zones from the sellers. What we see now is the correction of this impulse. So, long is impulse, short is correction. Now, price has been crawling up on H4 making a 3rd trend, a correction of the correction. This may end after sellers bang the last start of impulse (SOI) on...
Price fell in the beginning of November and a correction of this impulse and a nice impulse followed. Now price made a 1-2-3 on the H4 an a correction MOVE has been formed on H4 and the daily. Shorting the market for me is only possible below the last daily local low, and since the primary trend is short, I'm waiting for a countertrend to form. From that...
I'm eager to see your comments. Do you agree? Anything I see wrong in your opinion? Thanks! :) Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT! Remember that trading is a business. SIZE your TRADES according to...
DAX has been heavily overbought recently, bumped into a significant zone with a steep impulse move on the daily and the weekly. Such a quick move up should be, sooner or later, followed by a correction. On the close below the last north impulse on H4, marked as short trigger, the correction sets in. Afterwards, the daily north breakouts below act as targets of...
Price has broken the upper line of the regression channel making it look severely overbought. It can be more overbought, of course, but since price has run into this level with a steep impulse, long positions may be dumped because of the nice profit. This may lead to a correction. Change of trend on lower timeframes might give a hint to go short. For long...
Short triggers are visible on H4 and H1 (the inner one is on M15), short term targets are H1 target fibo levels. Idea is valid while the chart is printing below the brown zone. Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE...
After yesterday's FED contribution, price has finished a 1-2-3 wave right into the previous south breakout on the daily, meaning the correction may end here, and price can first make a correction of the correction, then long trend may resume and in this case, further target zones become valid. Trade safe! ⚪️⚫️...