There is an overall trend line headed down, I do believe it is going to head up first. The green highlight is a retracement of 50% and also a floor which i believe will be respected. Once it makes it way up to the major trend line, it will be a good time to enter as I believe it will be going down from there. Another entry could be when it breaks through the ceiling.
A short demo that demonstrates a work of the Double Bottom Pattern Indentifier with default settings.
First video of my technical analysis for Gold. Again this trade will only be entered with confirmation. I'll post a snapshot of how the trade works out if i enter. Discipline is keyy!
Defining trend on the daily chart in order to better understand the expansion and compression of all distributional periods on the shorter timeframes is very effective! We'll see the beginning of a new short term trend as soon as we break out of the 1h 180 1.25 standard deviation.
So here is what I see playing out for the upcoming week with EURUSD, it is my bias and style of trading from the Weekly down to the 15 min chart! If you enjoy this style of trading and want to learn more than please reach out to me and I would love to help, the best places to reach me are below... Contact me: -Instagram: @krystianstreit -Facebook...
Hi Folks welcome to my daily analysis video. Today we look at what's happening with the Dollar index, how that affects to EurUsd and we also have a look at the GBP. With the BOE interest rate decision on Thursday what should we expect for the pound currency pairs? Please remember to share and like. This is not investment advice Steve Nixon Trainer & Mentor
We go from quarterly to the daily timeframe to get an idea where we are now in the big context. Watch how price reacts when I show the Action/Reaction Model. Happy weekend toall Emilio
Breakdown includes identification of market structure, fibonacci and candlestick patterns. Message me if you have any questions! Stay a student of the market. #QuantumCreations
Have a great weekend guys! Short term trade. ENTRY 6700 STOP 6900 TAKE PROFIT 5100
Hi Guys, I think ETHUSD is placed a great place, and we will see huge uptrends soon. ETHUSD is seeing a slight break in its initial price momentum but the Accumulation/Distribution chart shows its moving further up. ETHUSD price is also supported by the 12 MA starting to cross the 26 MA and the RSI is still bullish around 58! I hope you guys find this useful...
NZDUSD in an Area of Demand with potential Large Flag completion
Is it a Bearish Wedge or is it 3 Rising Valleys? Look for the Breakout Buy or break below and small retest for a Short.
Here I go at length discussing training channels. Especially flattened trading channels. It is important to note that sideways action is important - at least as important as the uptrends and downtrends. In my last video I show a "support cloud" and a "resistance cloud" (Those are my terms, I've never seen anyone else use them) and they are built by sideways...
Alright viewer's. Sometimes as traders we have to be willing to go against the greater wave of sentiment. Sometimes as investors we have to sit back, look at the big picture, and make our own decisions. This is one of those times, where we need to be ready to make those types of decisions. I think you should watch this video with a grain of salt - and I think...