TrueGoatTrading

TrueGoatTrading

we broke monthly resistance. If we can close above this level in the next 8 days, we are looking at around 1100 pip gain from the retest.

TrueGoatTrading Updated 

Not much to say here... Self Explanatory.. HODL FOR DEAR LIFE

TrueGoatTrading Updated 

BTC to 33k for various reasons. 1. Since the beginning of Bitcoin, historical data shows BTC does yearly ATH and ATL's. What's interesting the pattern; every year since 2011 we have seen a correction of 60%-80% retracement from the ATH (followed by exponential gains) with the exception of 2024 which we have only seen a 20% retracement. 60-80% retracement for 2024...

TrueGoatTrading Updated 

USDCHF created a 4hr head and shoulder on yesterday's low and broke and retested yesterday's high which was also the neckline, support and small zone etc. Great confluence. If you take a look at the 1hr (below) you can see the perfect retest with a doji/shooting star (reversal candle) signaling a possible buy. 01hr Looking at the 5min (below) you can see that...

TrueGoatTrading

A PICTURE IS WORTH A THOUSAND WORDS!!! LOL!

02:12

TrueGoatTrading

I know I said 12 hundred pips at the end of video but it is 12,000. Also be mindful that US30 likes to really push and spike so maybe wait for a nice little spike for your entry. Rather then being 2000 pips in draw-down.

TrueGoatTrading Updated 

The chart is pretty much self-explanatory. A small pattern for a retracement to create the right (inverted) shoulder pushing the price right back up to 1558 breaking the last week's high reaching the next zone @ 1562. Enjoy and happy Pippin'!

TrueGoatTrading Updated 

Let's work our way down the big time frame. Everything is color-coded as follows. montly = red weekly = orange daily = yellow 4hr = green 1hr = blue Looking at the monthly you can see we have a nice broken trend line that was never retested, same line in confluence with the 61.8% fib retracement level. This is where I see the price going and therefore my target...

TrueGoatTrading

ETHUSD is holding just created a head and shoulders pattern on a strong daily zone. Now, looking at hourly price broke down on the neckline a formed a hanging at the neckline retest signaling for a sell.!!! Simple analysis. ENJOY

TrueGoatTrading

I like to keep my analysis as clean and simpe as possible so here we go. The EUR been falling against the CHF for quite some days now. Its obviously bound to make a correction (retracement). As you can see the 1.70 area been holding. Pulling out fibs and drawing some support/resistance we can see some strong confluence up there @ that 1.13 zone. That would be your...

TrueGoatTrading Updated 

As you can see guys we have here a beautiful head and shoulder pattern on US30. The rule says what ever distance from top to neckline, after the breakout it will drop the same distance. If you can see that distance, it means it should drop down to 25619 in confluence with that zone. Price threw a wick all the way up during FOMC today but respected the pattern and...

TrueGoatTrading

As you can see on the weekly time frame, BTC had a nice fall since the beginning of the year but it looks like we can see some exhaustion. At the bottom of the downtrend on weekly you can see we have a bullyish engulfing candle signaling a possible buy. Where is the last major broken support that hasn't been retested? 5700-6100. Go down 1 frame to the Daily....

TrueGoatTrading Updated 

SIMPLE SHORT TERM TRADE IDEA FOR EURNZD. SELF EXPLANATORY. WATCH THE ZONES, IT JUST RETRACED AND FORMED A DOUBLE TOP ON THE HOURLY 38.2 FIB RETRACE. DROP DO THE DAILY ZONE AND ANOTHER 38.2 FIB RETRACE BEFORE THE BIGGER DROP. OBVIOUSLY FOLLOW YOUR RULES. BREAK & RETEST FOR ENTRIES AFTER CANDLE CLOSES SO YOU DON'T GET PLAYED OUT. EDUCATIONAL PURPOSES ONLY TRADE AT...

TrueGoatTrading Updated 

SHORT TERM TRADE IDEA FOR EURNZD. TRADE THE BREAK & RETEST OF THAT HOURLY INVERTED HEAD & SHOULDER! WATCH OUT FOR ANOTHER PATTERN FOR THE DROP!

TrueGoatTrading Updated 

Here we have a clear inverted head & shoulder pattern. We have supply at 1.3355 area, and demand @ 1.3100 area. Price broke the 1.31 supply turned demand zone, and respected creating a smaller pattern right on the top of the demand zone. The zone is also a 1.38 fib retracement on smaller frame. Looking for price to come up to 1.3150 supply, make the big re-test...

TrueGoatTrading Updated 

Not much to say here!!! check out the linked (related idea) for a full overview of this trade and why its time to buy now. But basically, based on my last analysis for USDCAD the price broke the 1.3150 supply just like I had projected, went all the way up to around 1.3250, 100pips away from our final target, and came backdown to our 1.3150 (now) demand zone to...

TrueGoatTrading Updated 

Check out the simple DOUBLE TOP (M) pattern forming on the 4hr chart in confluence with a bigger daily double top (second top) and monthly supply. I'm looking to trade that break and retest of that 4hr M neckline. Check out the linked Trade Idea for a bigger overview of this trade and long term price projection.

TrueGoatTrading Updated 

I see a monthly falling wedge pattern, and a nice single candlestick reversal formation at a key monthly supply zone signaling a possible reversal. Taking out my fibs from low to high I get some confluence at the monthly 110 zone most likely a 61.8 retrace and shoot up giving us about 600-1000 pips.