The USDJPY is currently experiencing an upward trend. To capitalize on this trend, I plan to wait for a chance to buy at the Fib-3 Bat Pattern completion on the 1-hourly chart at 149.09. However, it's important to note that both the 4-hour and daily charts show a Bearish Harmonic Pattern that completes at a similar level of 150.41. As such, it would be best to...
Fellow traders, listen up! We've got a promising setup on the 4-hour timeframe for NASDAQ that's worth your attention: 📌 Technical Analysis Highlights 📌 💰 Reversal Strategy: After securing nearly 1000 points with short positions, it's time for a strategic shift towards buying opportunities. 🦇 Bullish Bat Pattern: The price action has completed the D leg of a...
As per my analysis, a Fib-3 Bat Pattern is about to complete at 1.8979 on the Daily Chart. To minimize the initial risk, I will wait for a buying opportunity on the H4 or H1 chart. This will significantly reduce the stop-loss to 1.8733 (-246pips) or close to -2,460usd/lot, while the first target will be at 1.9363 (+384pips) or close to 3,840usd/lot. I believe...
The Dollar Canada pair offers a chance to capitalize on a bit of consolidation after an uptrend movement. Upon examining the daily chart, there appears to be a retest of the previous resistance, indicating a favorable buying opportunity for counter-trend traders. The 4-hour chart shows a retest of the support area, which could potentially lead to a harmonic...
The VIX has formed a Bullish Bat and is currently trading at the HOP level with PPO Confirmation and MACD Bullish Divergence. If it plays out, I think the VIX could at least see $15 again.
We have confirmed the partial rise of the Ascending Broadening Wedge and have failed to break above the major support/resistance level. I now expect the price of LTC to go even lower than 40 and perhaps to around $25-$19 as that would be the HOP level of the Bullish Bat it is currently BAMMing from, but it is possible we get a reaction at around $35 as that would...
📊 Weekly Chart: Bearish bat pattern suggests shorting at 149.33. 📈 Daily Chart: Bullish movement, no shorting opportunity. 📉 Four Hour Chart: ABCD pattern at 147.76, potential shorting level. 🕐 One Hour Chart: Bullish bat pattern with running profits. 🌟 Weekly Chart Insight: - Bearish bat pattern for potential shorting. - Waiting for confirmation at higher...
📊 Weekly Chart: Long shadow at support, prior resistance. 📈 Daily Chart: ABCD pattern, respecting support. 🕓 Four Hour Chart: Counter-trend trade possibility. ⏳ One Hour Chart: Bullish bat pattern, wait for confirmation. 🌟 Weekly Chart Insight: - Market stands still in buy zone. - Different from Eurodollar. 📊 Daily Chart: - ABCD pattern, support respected. -...
Trading can be exhilarating when setups let you seize chances without wrestling with the broader trend. 🚀 Let's talk New Zealand Yen – a treasure trove of potential this week, regardless of the overarching movement. Gaze upon the weekly chart, and you'll spot the bearish shark pattern, already in motion since 88.24. Kudos if you've joined the ride! I'd ride it...
Eyes on the pound dollar chart reveal a resolute bullish trend. If contemplating a shorting opportunity, meticulous strategy testing and conservative stop-loss management are paramount. 🛑💼 Turning to the weekly chart, a pullback effortlessly rests on prior resistance, indicating the enduring strength of the overarching bullish trend. Daily chart support stands...
Amidst the whirlwind of events, the Euro-Dollar chart stands strong with a bullish trajectory. 📈 The weekly chart showcases a series of resolute highs, fortified by untested supports, painting an appealing canvas for potential buying opportunities. 🎨 Zooming into the daily chart, a pivotal support at 1.0834 shelters the bullish sentiment. A breach here could cast...
Don't let Monday's reputation of slower market movement deceive you! This week, four immediate trading ideas present themselves right at the market's open. Many traders might overlook these due to the common notion that Monday trading is sluggish. Avoid this pitfall by conducting your analysis over the weekend. Stay ahead of the game and seize these trading...
Greetings, fellow traders! Let's delve into the Euro-Dollar trends and identify some potential trading opportunities. 🌍💱 📊 Weekly Chart Insights 📊 The bullish trend continues with a notable pullback, keeping our attention on the upswing. The market's pullback has tactfully avoided breaking crucial support at 1.0637. Transitioning to the daily chart, we find...
We have a Triple MACD Bullish Divergence at the PCZ of a Bullish Bat that happens to align with the 200-Week SMA and the 800-Week EMA. I have generally been bearish on this chart since the highs back in 2022: but the persistence it's shown at this Harmonic and Technical level of confluence makes it hard to ignore the potential for at least a 50% move up back to...
IOTXUSDT has completed bullish bat pattern as it is trading at support zone and also has form bullish divergence. Will the bulls take charge and push price higher ?
NAS100 has completed Bullish bat pattern at very strong support zone with bullish divergence as well. If we put all these confluences together ,Then NAS100 is must due for strong bullish correction. What you guys think of it ?
Hello friends, This is a free of charge BIST:LINK setup for everyone to share and enjoy. However, this is PENDING and AWAITING for more confirmation. I will update all when the trade is a go and or no go. Arguments- A beautiful bullish pat pattern has flew from the caves and printed a local double bottom right around the .786 fib which is the GOLD standard...
📈💹 Expert Level Trade Ideas: New Zealand Yen and New Zealand Dollar! 🇳🇿🇯🇵 On New Zealand Yen, we have an overall uptrend movement. Daily chart shows a bit of pullback. Four-hour chart indicates increased volatility with new lows and highs. One-hour chart has a retest of previous support level with a bit of RSI divergence. 🔍 Trading Strategy: Hidden trading...