TrickleDownFX

TrickleDownFX

Hello my beauties. I think the price is leaving support and reacting to the buy zone very nicely. After a spring, we'll normally get a SOS (sign of strength) and subsequent retest of the range, before the price goes on to generate a powerful markup. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a...

TrickleDownFX

Hello my beauties. It seems that the price of oil, while climbing, has created a bearish broadening wedge (or megaphone). The completion zone for this pattern is the green area. I'll wait for any wign of weakness and initiate a short position to the completion zone. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to...

TrickleDownFX

Hello my beauties. The arrows don't reflect an accurate prediction of what the price will do, just a rough idea of the areas that I'm expecting the price to move towards. For all the ones that have taken the trade already, good job! Copper has just entered a phase of distribution and I want to profit from it while it's rangebound. I will be long until the...

TrickleDownFX

Hello my beauties. I think that the USD might be distributing, on a 1hr chart we are looking at a LPSY, the moment before a Markdown (impulsive move towards the downside). If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with...

TrickleDownFX

Hello my beauties! A nice opportunity here as gold is set to break out of its range after a spring on a 1h/30m accumulation! Watch out and good luck, always wait for confirmation and don't be greedy! If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am...

TrickleDownFX

Hello my beauties. DXY has formed a massive megaphone, specifically a bearish one after an uptrend. The completion area for a bearish megaphone that comes after an uptrend is the beginning of the formation itself, which I evidenced in green. The Dollar Index might turn out to be very bullish in the next few weeks/months, as it has just retested the bottom...

TrickleDownFX

Hello my beauties. I believe Palladium is going to test the bottom of the range, come back up, and give us a nice markdown. This is a rough idea of what the price action will look like, in my opinion. My analysis is fully based on wyckoff distribution schematics. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to...

TrickleDownFX

Hello my beauties. I think TSLA is going through an interesting phase. It broke the trendline that led it to its all time high, and the sellers came in strong, stunning it sideways. For us to fully understand what is happening, we'll need to wait for some more price action. However, the following scenarios are possible, in my opinion: 1) TSLA will give us a nice...

TrickleDownFX

Hello my beauties. I noticed this massive head and shoulders has formed during the pandemic.It has led the price to break a bearish trendline that had been lasting since November 2007. Since the pound has been in such a prolonged downtrend, I wouldn't be surprised if it came back down to kiss the trendline, so I'd be wary of opening longs right now. The ideal...

TrickleDownFX

Hello my beauties. I think that the cable has just broken a massive falling wedge. I believe it might kiss the trendline goodbye before leaving for good. If the pattern is set to complete, the opportunity could be massive. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider...

TrickleDownFX

Hello my beauties. I believe GBP/USD might be reaccumulating after breaking a very long term downtrend. I will be longing in case the prices breach the range to the upside. For more aggressive traders or range traders the opportunity is here already! If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a...

TrickleDownFX

Hello my beauties. I think BTC/USD has the chance to go back to the top of the megaphone it's in. It went into overbought during the formation of the higher end of this pattern, now it has recovered from an oversold condition. The stochastic is diverging, so is the RSI - when the two indicators diverge together, it's normally bingo - and I believe we could long...

TrickleDownFX

Hello my beauties. Litecoin has just entered a nice range, and for those of you who like trading them, long at support and short at resistance. I will take a position if I see a nice reaction from the bottom, and possibly trade a breakout. My analysis is based on Wyckoff events, and this ticks all the boxes of an early re-accumulation phase. If you find this...

TrickleDownFX

Hello my beauties. Ethereum has just entered a nice range, and for those of you who like trading them, long at support and short at resistance. I will take a position if I see a nice reaction from whether the bottom or the top, and possibly trade a breakout. My analysis is based on Wyckoff events, but I believe it is too early to formulate a bias about whether...

TrickleDownFX

Hello my beauties. EUR/USD has been range-bound for over half a year. You can see the support and resistance in red. For those of you who like trading ranges, this is an opportunity. I believe that after it exceeded its lower support, euro could break out of the range. On top of that, it generated an over-extended double bottom (currently retesting neckline, 0.5...

TrickleDownFX

Hello my beauties. I'll be shorting oil until the 56/58 area as it needs to retest a 13 years old trendline. The price broke it to the upside and I don't think it is going anywhere before kissing it. Oil is now facing a cluster that consists of the following resistances: - 1 year long uptrend trend line ; - downward channel trendline; - inverted head and...

TrickleDownFX

Hello my beautiful traders. XRP/USD is going through a phase of Wyckoff reaccumulation, in my opinion. I will not take the trade until I find myself seeing a confirmation in the SOS (Sign Of Strength) that would lead prices above the red trading range. If that's the case, I would take my entry on the breach and retest of the range itself. For the most...

TrickleDownFX

Hello my beauties. I see very little content on the platform regarding Wyckoff, and I really believe it is a must to understand what is happening from an emotionally and mentally detached perspective on the markets. Wyckoff analysis provides you with an opportunity to do just that. I will walk you through the events and what they mean for the market, and hopefully...