Hi✋🏽 A sharp move into the correction area means that some traders must take profits. A good entry has been up in the target zone when H4 closed down the previous start of the impulse wave up (see related idea). Now it's time to wait what waves emerge from the market. Sometimes the best trading is staying out. What do you think??? Trade safe! ⚪️⚫️...
Hi✋🏽 DAX arrived to a neutral zone where buyers and sellers fight each other. Smart money's better stay off of these zones and wait for the match to finished. But we always have to know which trend we are trying to harvest. What do you think??? Trade safe! ⚪️⚫️...
Hi Everyone!✋🏽 COFFEE is in a long trend accumulating to go on with it. After having taken back by the buyers, the long trigger zone marks the place where one can find a long trade on H4 time frame. ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT! Trade safe! ⚪️⚫️...
Hi Everyone!✋🏽 Buyers took back the start of the last impulse wave on the daily. A correction of this corrective wave may come, but a steady rise to the weekly and daily zones can happen easily on all the major stock indices in the US. ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT! Trade safe! ⚪️⚫️...
Hi✋🏽 Price has reached the daily target fibo 238.2 after an extreme hike, and immediately started to show signs on H4 that the correction has started. Target zone is marked by pink. There may nice day trading opportunities in this countertrend, but the best ones come after the break of the countertrend that's about to be built. What do you think??? Trade safe!...
Hi✋🏽 A clear start of the correction made (part of) its first impulse wave that tested a nice north breakout on H4. I expect a correction from here and another wave down where the target is a Daily north breakout. Important to know that imho the steepness of the curve doesn't matter, we are in the CORRECTION. It means, R/R ratios are not as favorable as in an...
Hi✋🏽 DAX has made its way to the neutral zone. From here the waves will show the way either up in the correction or down in the trend. 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...
Hi✋🏽 Like all the Yen pairs, this one is also in a nice uptrend, going for the targets marked by the daily and weekly fibo levels and the monthly south breakouts from long ago. A countertrend may come any time, even on the daily, but until the brown validity zone is below the daily close, I'm looking for long opportunities. What do you think??? Trade safe!...
Hi✋🏽 The major of the majors is in neutral zone after a long and steep south impulse wave that has reached the Monthly target fibo 200 level. Of course, trend may continue, but from this level, it's easy to imagine price bouncing back and maybe even turning long. The main zones are on the chart, I wouldn't trade in the zone the price is now, but once it's out...
Hi✋🏽 Within the short trend, we have seen a nice countertrend built by the buyers and the sellers. It seems that this countertrend is turning in the direction of the main short trend. What do you think??? Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about the direction of the price....
Hi Everyone!✋🏽 As you probably know, I analyze price action and price went into countertrend on H4, testing the previous D/H4 south breakout with a nice wick. From here after 1-2-3 and through the short trigger zone, chances are high that targets on the chart will be met. If countertrend never brakes all the way through the long trigger zone, I switch to the...
Hi✋🏽 Price has reached a weekly low from May '21, and buyers made it go 1-2 from the 1-2-3 wave. We are in the 3rd wave moving up, but price can easily go sideways for some time before breaking out of this zone. The long and the short trigger zone marks the sideways channel. What do you think??? Trade safe! ⚪️⚫️...
Hi Everyone!✋🏽 The Monthly zone may stop the price, but the long trend continuation has been formed on the weekly and the daily, so price is heading towards the target zones. ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT! Happy trading! ⚪️⚫️...
Hi Everyone!✋🏽 USDHUF trend is long. If you take a look at the daily (it is the H4 chart), you can seen that it has reached the Daily FIBO 200 level with a sharp impulse wave. It's more likely that smart money realizes profits at this level, and on H4 there is a 1-2-3 move down beyond the last north breakout. These two factors tell me that a correction is under...
Hi Everyone!✋🏽 Soybean is technically in a downtrend. The first target that is the last daily low, where the correction of the short impulse wave has started. Can be reached until the validity zone stands the pressure from the buyers. ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT! Trade safe! ⚪️⚫️...
Hi Everyone!✋🏽 My previous BTCUSD idea has just become an invalid one, since price made a 1-2-3 move above the starting point (Close) of the previous small impulse wave. I expect endless number of scenarios, the point is to catch the moment of the countertrend break on H4. That comes the same way... taking back the zone marked by the precious north breakout...
Hi Everyone!✋🏽 The correction of the clear uptrend is valid at the moment on the daily chart (the one I use to define the trend). Nice hammers printed on the daily, and although market may still test the daily or the weekly S/R zones, there is a chance that it may turn and go in the direction of the trend. For it to happen, there is an early entry zone, but...
Hi Everyone!✋🏽 We've seen the correction of the last weekly impulse wave on the daily. Price has tested the last north breakout (marked blue, as Daily S/R zone), then if the daily closes above the trigger zone (green), we may see the trend turn into the primary direction. What do you think??? Trade safe! ⚪️⚫️...