Welcome back! Here's an analysis of this pair! **AUDNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
Welcome back! Here's an analysis of this pair! **GBPUSD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
nq1! has started off showing signs of support only just holding the uptrend daily off of reversal on a potential neckline. im guessing if we resist around left shoulder area and break the neckline its bearish looking for around 12345, and if we break resistance around 12689 and come to some higher low we could challenge 13000. 12444 and 12666 are hourly levels to...
still looks like aggressive dip buying at some point is going to trend above neckline here and cause additional 4hr squeeze as long as we hold 26.50 area if we get in the high 34s this could lead to above 40 right now the hourly is still bearish, but the daily reversal could still complete
If you have been following my charts for a while, I suggested that the general markets could turn back up as the monthly had blown off its extremely overbought state since I started posting in December. Now that they have bounced we can see that the bulls are not done yet and are looking to cross the 200ma on the 4hr time frame. The hidden bullish divergence...
4HR chart Oanda broker. Never a drawdown above 5% on floating NOT closing trades, 80+% win rate for about 15-20% a month trading only 1 lot ! Fresh signal on Wed 5*25/2022. Look for it to return to the Red zone around 1830. Shoul/could be a MASSIVE move. Further charts will provide the outcome. Strategy was backtested to 1-1-2022. 1850 SELL 1833 Take...
Not yet.. careful with sells however, we have met a MM. I have some buy entries lower, but that is risky. Reasons to buy on the chart will be a breach of 700 and midline of the current down channel, but be ready to get out at other side of channel in case we go lower. A break out of the down channel top and consolidation or 2 failed attempts to go lower again...
Hello traders. I hope you are all doing well. Today I will show you my potential trading plan for NZD/USD next week, if things go as I expect. This is a 4h tf and we can see that we have two inverted head and shoulders patterns on it. The first one is almost done, because the minimum target of this small h&s is around 0.6450, and if the price continues to go...
As I previously posted the USDJPY is suggesting a topping pattern but that was highly speculative because there isn't enough evidence to support the idea that the USDJPY is in a downward trend (lower highs and lower lows). BUT this setup though not conclusive is a good setup to give us greater probability of being right that the USDJPY will turn down for at...
I have no words for this back test on gold 4hr Oanda chart - Heikinashi candles. Over 280% profit in the previous year, within just over 240 trades. Only a max drawdown of 0.46%%??? My jaw is literally on the floor right now. It has always been my dream to find a reasonable solution to market volatility on GOLD .... The test includes the .005% fee Oanda charges...
Gold like most other assets is suggesting buy. Trust the method and manage risk.
Doge on the 4 hour time frame, I have identified multiple patterns, (each one is indicated on the chart in different colors.) These patterns have very similar price targets Which makes me more confident in potential success of my trade set ups. Indicators: 200 EMA (red) 50 EMA (green) The 50 EMA is currently holding down the price, but a break above it should...
CADJPY has been in a strong uptrend for a long time and this is a sign of weakness we are seeing in a long while, DXY is also in an overbought situation and hence we would have top keep an eye on the dxy and a break below on the CADJPY for more bearish confirmation
what we have here is a winning trade. i planned on buying at the lower trendline. I did not open the trade based on what bitcoin. we all know btc is the driver of the show. when btc dips 3% altcoins dip15%. so yes i had fear of losing money, a trait that needs to be eradicated when putting on a trade. kill all fear doubt and uncertainty. Moving along... now...
If BTC fails to get back inside the red triangle to continue the upward momentum, it is possible BTC will go to 37.5k and retest the lower support levels. After successful retest of lower support we should see the price climb back up quickly again.
Hey Traders, As you can see on the 4HR candles of BTCUSD (Bitcoin). Not only was there a massive liquidation, but there was a massive short squeeze. Approximately in the last 4 hours, near $40M shorts were liquidated. (20x-50x) Shorts. About $1-2B Market Value worth. Now on the divergence, the price has been going in a downtrend while the strength of the...
I think the Inverse head and shoulders might save the SPY and we may bounce back up. Additionally the RSI is still showing bullish divergence If the there is a solid break below the resistance line in the RSI / the Price action resistance then this idea becomes invalid.
We can see that knc cant push it any further above 4-5 so this setup is meant to take advantage of the Ichimoku cloud. KNC will retrace to ichimoku.