One impulse move down, on impulse up to a higher high on the daily that happens to be above the last weekly south breakout. This gives a hint that we should be looking for long trades. Above the red zone, definitely. If this holds the price and it starts to go up, breaking the currently valid short countertrend, price may complete another impulse wave north. The...
Daily impulse wave down is marked by the red channel, countertrend breaks below the short trigger zone, targets are marked by white. 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...
Market corrected all the way down to the daily support zone, and may come back into the countertrend of the countertrend , then long trend may resume at the long trigger zone. Long term shorts are only below the short trigger level. Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about...
After the last impulse wave down, the market built a nicely visible countertrend. Until the inflection zone, the primary trend is short, so I'm looking for short trades. The short trigger zone valid at the moment is the last north breakout on H4 and the last local low on the daily (from where the price made new high within the countertrend). Taken back by the...
NATGAS closed below the starting point of the last impulse wave up, meaning the trend has turned on the weekly chart as well. This short trend is valid until the brown validity zone is taken back by the buyers. Any move up is only a correction of the south impulse wave, and a break of this countertrend makes the price fall. Of course, it can go on falling, but a...
It's always worth to see the long term big picture and remember what is the primary trend, where did the correction start and where it could end. I marked the last weekly impulse wave on the long side. This market is in the weekly corrective zone from then on, and tested the fibo 61.8, maybe testing 78.6, and so on. But until the brown validity zone stands the...
...but it's quite effective! You'll see when you do your statistics. Please let me know what you think! 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 ...
Primary trend is short *** Price is in a neutral zone , long after 1.00256 is broken, short after 0.97726 is taken back by the sellers. 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...
Sellers just sold the last daily breakout on the daily that is an early sign for short trades. Below the next short trigger zone, targets are marked. Thanks for reading my analysis!🤘🏽 Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about the direction of the price. But it doesn't...
Bitcoin has closed below the short trigger level and an important weekly support . If this week closes below that level, chances increase that price drops, aiming the next weekly support zone. I know, a lot of people guess where the bottom will be, but guessing won't make you trade well, reaction does! Thanks for reading my analysis!🤘🏽 Trade safe! ⚪️⚫️...
EURHUF made a sharp move in the correction zone all the way down to fibo 61.8%. From here, taking back the lower green level means that the correction of the correction starts. The question is what price draws us next? We can have another wave down, or above the long trigger zone, the uptrend may resume. Fundamentals don't bother me, price tells everything, and...
If you are convinced where it's heading, you probably talk from a position, be it real or only mental. But this position hasn't gone very far recently, since the price has been stuck in an extremely narrow range for a month. A breakout from range may lead to a nice big move. Primary trend is short, but who cares about direction??? Just react! Thanks for...
I don't know anything about Soybean Oil, but I watch the price that shows everything I need to know. This is quite a long term one since it's the weekly, but it's so beautiful! Although the primary trend is still long, market participants printed a nice impulse wave on the way down. This last couple of slow waves make up a correction of the impulse wave while...
Hi✋🏽 DAX tested the 61.8% correction fibo level. A break down of the short trigger zone with a 1-2-3 wave opens target zones down south. A break of the long trigger zone makes me go long. What do you think??? Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about the direction of the...
Hi✋🏽 After a bearish divergence on the RSI and the break of the short trigger zone, price is ready to reach the targets. There are many weekly lows in the way, so the road may be a bit bouncy. Trend turns above the long trigger zone. What do you think??? Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ...
Hi✋🏽 In the short trend, after testing the 50% area, price is back at the last north breakout on H4. If this level falls, price may reach new targets on the way down. Above the long trigger zone (marked by a green zone), correction trading comes into play. What do you think??? Trade safe! ⚪️⚫️...
Hi✋🏽 Trend is short, and price tested the last daily south breakout, then turned. Targets are marked by the fibo. What do you think??? Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. I JUST REACT! Thanks for reading my...
Hi✋🏽 USDHUF made a quick correction. Many traders see such a move as a turn, but remember: until the weekly pivot (red zone) is broken, this market is in a long trend. I've marked the long trigger zone that, at the moment, shows the level that, if taken back by the buyers, I go long. What do you think??? Trade safe! ⚪️⚫️...