Good Morning, Afternoon & Evening, Update from yesterdays post we hit the first Long scalp target 22,200 and drop Price broke majority of the major Emas to the Downside, 15min, 1hr, 4hr 50ema and it got a retest and continuation to the downside. the a fibs below price. we can look for scalp trade depending on the reaction 1.618 being the next temporary support...
Good Morning, Afternoon & Evening BTC opened the week holding above the Psychological level and now its finds resistance at the Daily 50 ema. price hit all targets on the way up but we still have extended targets between 24-25k. The present harmonic pattern is only effective if we can flip dail 50 ema into support. Like any time frame 5 & 13 ema need to break...
Good Morning, Afternoon & Evening New Pysichological level to start the week marked on the chart Price started off the week breaking high above the Psy Hi & 4hr 200 ema, (xxxx Signal lines 5 & 13 ema havent broken the 4hr 200 ema yet xxx) To confirm the move we need a retrace to Psy Hi 21500 continuation to the upside to expect higher price IF price drops...
Entry and TP marked on Chart Not Financial Advice Mind Risk
Hi Everyone, Sharing my view on price action & a follow up to yesterdays trade setup, after price failed to break above the daily open Today the Daily Open 19320 will be the support to hold, Red circles are the possible rejection points stronger at ema confluence. Targets to the downside are marked on the charts as well. Not Financial Advice Mind Your Risk
Short is only valid if Price remains below the Psy Low After breaking below psy low, we need a retrace continuation to confirm the downtrend late short entry at the Daily opn/1hr 50ema/ pivot point 21000-21200 currently finding support on the 4hr 50 ema, once the 5 & 13 break it we should see lower targets marked on the charts NOTE: Tuesday New York session with...
Good Morning , Afternoon & Evening Ladies & Gents Narrative as it Played out, Ema's dont lie as they dictate price action 1hr TF emas had a bullish cross despite multiple indicators flashig bearish div from lower to higher timeframes View chart for notes. Trend analysis, Ema Based Mind Your Risk
Good Morning, Afternoon & Evening, Trend analysis, Price is currently holding above the 1hr 50 & 200 ema, 50ema is about the cross above the 200 ema on the 1hr that bullish BUT We have to be careful since Price is right under the 0.618 and Value Area High Price is also in an upward channel possibly a bear flag with downward bias. New York session also made a...
Good Morning, Afternoon & Evening Reminder: NO New York session today Trend direction: Down! until we start to flip emas into support. What should we expect this coming week after a whole weekend of sideway movement, IF your long or short pay yourself and secure your capital. The Emas are flat, low volatilty when all sessions will be live tomorrow(Tuesday) will...
Good Morning, Afternoon & Evening everyone Short Setup isnt active but will be looking to it based on rejection off the 1hr 200ema, with confluence of bear divergenceson lower time frames Entry dollar cost average (DCA) 20,000 stoploss according to your risk tolerance invalidation 5&13 ema break above 1hr 200ema TP, 19300,18700, 17800 Not Financial Advice Mind...
Thursday Reversal!! More like Thursday Whipsaw Trading! Pay yourself! Fast move up, fast move down! Analysis. Price found support just under the 0.618 breaking below at low volume with bearish pressure being absorbed with a bounce on the cards we use the emas as possible areas of resistance, the 1hr 200ema/ 4hr 50 ema has been knocking price down from...
Good Morning Afternoon & Evening everyone Follow up and Update on yesterdays long trade and price action We are trading at the Value Area Low (VAL) area of support Congratulations to everyone who took the long we hit the 1st target 1hr 50 ema/ Gann 20400 to the dollar 3% move We still have the potential to hit slightly higher targets with a lower entry...
Good Morning, Afternoon & Everyone Follow up to the short posted yesterday after rejection from the 1hr 50 & 200 ema we have a bullish gartley pattern that can present a higher short entry { IF } we get back above the daily Open Entry 20700 Stop loss 21300 target 19300, 18800, 18400, 17600 Not Financial advice Mind your Risk
Entry: 20600 Stop loss : 20450 TP at the fibs 0.382, 0.618 Main target 0.382 21030 trace back to the 1hr 50 ema Not Financial advice Mind your Risk
This is a short scalp, entry, stop loss and tp marked Once the 0.618 is hit move stoploss to break even Not financial advice manage your risk paper trading only
Good Morning, Afternoon & Evening everyone Interesting price action last few hours long opportunity to the PRZ of the harmornic pattern posted earlier yesterday for the short idea, its going to be against the herd but the Long time will come Price is trading at the under top of the pitchfork targets are the 0.5fib and 0.618 marked on the charts Invalidation...
Good Morning , Afternoon & Evening everyone Choppy price action for the last couple of hours, Price ranging between the POC and VAL Its Thursday so take out your tin foil hats from cold storage we are looking for a reversal Up or down New York Session will give the clues. We have vector candle below the Psy Hi that need to be recovered before we can look to the...
Good Morning, Afternoon, Evening The short was a success after specific conditions were meet at the 1hr 200ema We had US brinks set up price and US session hit our entry 21700 Entry formed a higher high in price action and a lower high on momentum thats the trigger for high probability trade success 1st target was achieved 20400 at the VAL Price broke the 15min...