D1 set up FIB trend line broke impulse up back up from the former trend line
This thing about the market is a non-sense. Anyway, if you like trend lines, we are there and it could the reversal point. I am not saying it's there, the markets are broken... But if there is a place where it could reverse, it's there. Happy trading!
Here is my analysis for this upcoming asian session. This view is backed with longer timeframes analysis. Short story : SHORT for tonight and look at what happened under 20600 for a long. Then, look for a GREAT SHORT above 20800.
The case for a long : inverted head and shoulder, bouncing on the VWAP, uptrending, daily breakout coming (picture in comments), impulse and consolidation. Trade in H1.
There is my view on USDJPY. I think we are going up in a A-B-C-D-E consolidation that could lead the pair to 111.000. I am looking for an entry in lower timeframes for sure. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED = ANTICIPATED MOVE MY TRADING STYLE I took...
I finally see a pattern that I like this morning. My short bias is back and I think we have a lot of pieces to make a great puzzle today. An impulse down, a consolidation, FIB levels and a small gap up to fill. Can't wait for the open! OBVIOUSLY, wait for a signal and a good entry in lower timeframe before enter this trade, I may be wrong, if I am wrong and I...
After a nice move down, we are going up and look at all the stuff we have at the same place to reverse : 50-61.8% FIB, yesterday's close and VWAP. What means for me it's we have 3 types of traders that will possibly short there. We will see but it could be a nice one!
Take a look at this beauty, my best trade ($) since a long time! WOW! CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED = ANTICIPATED MOVE MY TRADING STYLE I took a lot of time learning Elliot waves and it changed the way I look at charts. It’s much clearer when you...
Good morning. We will open with a nice gap up. The probabilities are the gap should be filled before going up. I may play the gap fill. Will see at the open. No real plan today, I don't want to buy at these levels when the market is that high. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS:...
AS EVERYDAY since 1 month, my favorite side is downside, but as I often said, I mostly made profit on the long side, so I can change my mind after the open. We will finally open with a decent gap down. I think today could be the day that the gap down will not be filled and we will go down. It's not impossible the market will go up at the open but I will...
As I still think we are in a daily consolidation to go back down, FIB levels are about to tell us if they are right today! If you followed my last month ideas, you know I am short on indices but I mainly profited on the long side. So for today, it's possible that I take trades to the long side if the setups are there. But I will really be waiting for 2623 as my...
We have a nice impulse down, followed by a consolidation. It should come with another impulse down to visit the low again. Wait for the break of 108.6 and when a downside signal is there, time to short. Nice play, low risk. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE...
LEVELS If we go up again 2598.5 : Yesterday's high, possible scenario because of the opening level at 61.8% retracement level. 2600-2610 if we have another strong upside. If we go down 2573.6 : Yesterday's low. If we get there, we will have to watch the market reaction because it could reverse hard as the last days. MY PLAN Wait and see at the open, I prefer...
Good morning. First take a look at this : It exactly happens as I saw it, it has been a good day for me! The plan for today is almost the same as yesterday. Up at the open and then I short, I will not take long trades unless I think we will close the gap. KEY LEVELS 2573.5 : I think if price goes there after the open we will see a sell off above this...
This is my view posted days ago, if that beautiful sell off continues, I will have been right! I am short at 2591.48 with a stop 0. Let's go baby, you can do it! Don't reverse like the 2 last days... CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED = ANTICIPATED...