*** Trade at your own risk! *** *** Not every idea is also traded by us *** Hi Traders! The idea of the market is that the Downtrend has turned to a Range. Because the continuation of the Downtrend often happens at the weekly Trendline, the market pulls back towards the weekly TL. Let's check the little MTFA components out which led to this idea: Weekly...
*** Trade at your own risk! *** *** Not every Idea is also traded by us *** Hi Traders! Summary: The Setup is to wait for a Pullback (after the Breakout) to sell from there. The following description will show you the thought process of the setup in bullet points. For the setup, let's look at two major Timeframes: The daily TF and the H4-TF. In the end, we...
Hi Traders! *** Trade at your own risk! *** Here is the summary of the setup: Market was in Uptrend MACD showed Divergence Strong Bearish Momentum Movement Due lower High + Low --> Trend Change Pullback expected Turn around at Selling Area expected --> Trade Short here Trend Continuation expected If you have any questions or another point of...
*** Trade at your own risk! *** Summary of the indications: Market was in Uptrend Market started a consolidation MACD showed bearish Divergence after Up-Movement Lower Low Sell @ next lower High towards next Support ------------- Hi Traders! The setup of this idea is that as price made a lower Low in an Uptrend, it is going to make a lower High....
Hi Traders! As you can see, the market was in a strong Uptrend for quite a time. After that, it made one Top, pulled back, came back up again and failed to make a higher High. Since then, it is moving down. The market started a descending Triangle in which the market made lower highs, but equal lows. That pressurized the Support, which finally broke out. The...
Summary of indications: Market @ weekly Support Market ready to bounce up from daily Trendline Support RSI Indicator is oversold ------------- Hi Traders! The idea of this setup about our analysis, that the market is very likely to move up. Therefore, here are some indications (other exists too): Firstly, the market reached the weekly Support Level...
Hi Traders! In this idea, we want to show the main structure of the market. For us, there hasn't been any Trade Setup developed yet. As you can see, the market broke out the weekly Trendline, which goes back all the way to April of the last year. After that, the market moved higher and a lower ascending daily Trendline occured too. The Movements above the...
Summary of the indications: Daily Trend --> Symmetrical Triangle Weekly Trendline Support Daily Support --------------- Hi Traders! The main setup of the market is that the market reached the weekly lower Trendline, which is often respected. This Area also confluences with the daily Support. Also, the high momentum on the bullish movements in...
Here is the summary of the indications: Weekly Resistance Start of Consolidation LH & LL in former Uptrend Trendline Break MACD Divergence Future Possibilities: Range Downtrend descending Channel ---------- Hi Traders! The setup of this idea starts with the fact, that the market was in an Uptrend for a very long time. Now it has reached the...
Here is the summary of the indications: Market in a longterm Down-Channel Market now in Retracement Channel Market now at the Top of the longterm Down-Channel ----------- Hi Traders! The setup of this idea is that the big Trend of this pair is a downwards. As it has deep Pullbacks, it is a Downward Channel. Now we are in a Retracement Move, which is...
(*This idea is not meant to be any kind of advice. Trade on your own Risk!*) Here is the summary of the indications: Low Price Daily Broadening Wedge Above weekly Support Bullish Flag Pattern Target is at the height of the bullish flag pole ------------------------------ Hi Traders! The setup of this idea is that the market is at a relatively low...
Hi Traders! The main concept of this idea is that the market broke the ascending daily trendline in the past. Since then, it is moving lower in a tight descending Parallel Channel. As the upper Channel "measures the Trend Change" we see that the market tends to make a Trend Change, because it is more touching the upper TL than the lower TL. That's why we think...
Hi Traders! The setup of this idea is that the market is now at the weekly Trendline. There, it formed a Head-and-Shoulders Pattern, which indicates a down-movement. At the same time, the market is in a bearish Flag. The Breakout of this flag could possibly serve as an Entry Trigger. You can take profit at the next major Support, which would be the weekly TL or...
Hi Traders! The main idea of this chart is that the market just completed the bullish flag pattern. After it the consolidation, it is going to fall towards the next Support. Here are the indications which support our view: Bullish Flag Pattern (lower TL not exact --> would you still call it a BFP?) Price @ Weekly Resistance Bearish Crossover of the MACD...
Hi Traders! The market is, on this Timeframe, in a Downtrend. In our view, there are two possible scenarios of how the market could move: It reaches the Weekly Resistance, then it turns back down --> Down It reaches the Weekly Resistance, retraces and shoots further up --> Up However, we have these technical factors which could affect the price: Weekly...
Hi Traders! The market is in a Downtrend. The concept of this idea is that the market goes up to make a Pullback. After that, it'll fall down and potentially even reach the Weekly Support. Here are some indications which supports our view: - Up-Movement from here: Bullish Divergence Market didn't make any dynamic Pullback since the last Top ...
Hi Traders! According to this idea, the market is going to break the daily Trendline bearish towards the next daily Support. Here are some indications which supports our view: First Lower High after a sequence of higher Highs Market at weekly Resistance - Break was rejected three times for now MACD shows decent Divergence Distance of higher Highs...
Hi Traders! The market is moving in a symmetrical triangle. The MACD oscillator shows as bearish divergence. While the market made a higher High, the MACD shows a lower High. Considering important key structure, you can see the three Trendlines. As it is more likely to go down, because of the Divergence and the fact, that the market just made another "Edge...