Here some important information about the market. BTC is still bullish for me as Long as it holds these levels. BTC is in a sideways uptrend / big accumulation zone Big picture. (Not showing it on the charts) There is a high probability that it will fill some 4HR imbalance under liquidity before seeing some bullish action again. Also its an important OrderBlock to...
HEy tradomaniacs, AUD/USD is at an important key-level and likely to retrace as market-depth showing absorption by buyers at the bottom of todays opening-range. Price is oversold, so it is likely to see profit-takes and so a retracement to the upside! Orderflow looks bullish for now! What do you think?
We can see a strong daily 4h and 1 h resistant (daily resistant). So i have an idea to trade this. we should wait for confirmation on smaller TF and breaking a shortterm downtrend. After that i going to take a long with good math expectation,
After a big rise on the daily chart LUNA is looking for the bottom to continue its trend giving us a great buying opportunity. Indicators Used *Fibonacci retracement *RSI lvls *MPVR About the BEARISH CHANNEL graphic pattern Channel of a pattern where the asset loses funds but has no downtrend continuity. It shows a depletion of buying force and tends to...
PRO TRADER: Do you see the HISTORICAL EDGE? PRO TRADER: Yesterday was the last trading day of the month. We closed above the 200D Moving Average. NEWBIE:... silence .... PRO TRADER: We also closed for a second day down and we closed in the lower range of the intraday. NEWBIE: And?! PRO TRADER: This has a significant edge for market. We backtested it since...
Trying to catch trend continuation to the downside and sell XAUUSD from 1h ICT Mitigation block
If Price breaks LTF Support mentioned, there is a high probability BTC will test lower in the consolidation zone before moving up. No financial advice.
Hey tradomaniacs, looks like USD/CHF has found support after the recent breakout. So far we have seen a 3-Wave-Correction which could be finished soon. Price is attempting to break out of the trendline in order to trigger the potential double-bottom which could cause a high probabillity long-setup. Swiss is less likely about to increase interest-rates today,...
Hey tradomaniacs, GBP/USD looks like it wants to fall after the previous fakemove above the key-resistance-zone in roder to grab liquidity. The fakeout is so far confirmed as the ex-resistance did not turn into a support-zone showing that retailers are probably getting fooled by sellers (those who buy the retracement of the breakout). The break below the...
Hey tradomaniacs, AUD/USD has just failed to breakout of the daily range and is likely to fall due to high liquditiy which has been grabbed! Good chance to short it now as we currently see risk-off in equities. Let`s see what happens!
2022 03 16 OPEN 2022 03 16 CLOSE starting a trading journal, staring with the most recent trade and working backwards. This was just a trade from tradertv. it looked beaten down, and I thought I could hold it for an hour or so and it might work. I expected some vol today because of the fed announcement.
Hey tradomaniacs, USD/CAd could move up with the current correction after the recent breakout of the flag-pattern which is a sign for a trend-continuation. Overall a tricky situatrion for CAD, so fundamentals and news could of course destroy this setup due to the uncertainy regarding to Ukraine/Russia and the Oil-supply which highly affects the canadian...
Hey tradomaniacs, looks like GBP/USD is about to move down right at the current trendline and resistance-zone. Current USD-Strenght can`t really boost pound against USD and price seems to form a rejection / resistance. In this case we can sell pound with a nice risk-reward in order to follow the current trend. Entry #2 would be an alternative entry in case...
Hey tradomaniacs, looks like USD/CHF is about to move up after the recent volatile spike to the downside which is a stop-loss-fishing move. Technically we see a correction and finally a breakout above the trendline, while the horizontal support was holding and indicates accumulation. However, last spike down plus the recent breakout are a great indication...
Price broke the support as predicted, Waiting for an entry conformation Only take short position after day candle close and open below previous support
Hey tradomaniacs, GBP/USD broke below the support-zone and could continue it sell-off if priceb reaks below the marked-up entry-zone. USD-strengh is likely to appear as soon as stocks continue to fall. Let`s see what happens :-)
After reading Technical Analysis by Gerald Appel(inventor of MACD), I have realized the strength in the MACD's accuracy lays in using it on multiple time frames in intervals of 4-6x for each chart. To determine an entry, all 3 charts need to be crossed in the same direction. The trade is higher conviction if you have multiple crosses and also above 0 on the...
Arrow marks the possible location of the next long entry, will keep you informed if i take it.