On Daily: price is currently sitting around support 130.0 so we will be looking for objective buy setups on lower timeframes. Unless price breaks our support downward aggressively, then a movement till 125.0 would be expected and we will be looking for objective sell setups on 130.0 retest. On M30: price is currently trading inside our red channel (not objective...
GBPUSD two possible scenarios on Daily: GBPUSD is currently trading around resistance so we will be looking for objective sell setups on lower timeframes. on H4: we have an ascending triangle forming and divergence on MACD, however, price is still overall bullish and we will be looking for an objective break below our lower blue trendline to sell. Unless price...
AUDUSD potential bearish movement On Daily timeframe, price is making higher highs and higher lows so AUDUSD is overall bullish. However, price is approaching a strong resistance / supply area so we will be looking for objective sell setups on lower timeframes as price approaches it. On H1 timeframe, price is currently forming a wedge pattern, and we are...
USDTRY TOP-DOWN ANALYSIS we are waiting for an objective break below our red or blue trendline to sell this one Reason: 1- Regular Bearish Divergence on MACD (in blue) 2- Objective Channel, still forming (in blue) 4- Supply / Round number 7.000 (in purple) Three confluences are enough to consider Selling USDTRY, after an objective break below our trendlines.
Everybody seems to know that Gold is going north. Some say $3000, others say $5000. But none of the people who claim this are saying 'by when'. I have no doubt that Gold will eventually reach $5000 but I don't believe that that's gonna happen anytime soon. I may of course be proved wrong. But I'm not doing FOMO at this stage of Gold. Have a look, why I say...
Good morning traders, another video regarding the FEAR index - CBOE:VIX . I posted the video yesterday, that contained information about VIX extreme points that are good for finding Lows in the AMEX:SPY Another approach is to search for divergences between SPY and VIX market . If the market is falling down but we have less panic, it is likely to turn...
Weekly chart completed a 5 leg structure ending with bearish divergence. Daily chart completed leg one of a possible two wave correction (ABC). H4 chart broke the up trend line which confirms the end of a pullback and we should now see continuation lower aiming 1518 zone.
Sorry for the poor speaking quality, this was my first ever video analysis, so don't expect to much. Anyway, the AUDCAD is in a perfect zones parallel channel, so please wait for a confirmation before buying this.
This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!!!!!!!!!!
NZDUSD trade on MACD divergence. all the requirements of of my strategy were met
This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!!!!!!!!!!
I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
this is the analysis continuation of my previous TRXUSD set-up. LET me know what is your plan right now Cheers everybody
I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
another cycle of "sell in May and go away" with Sept / Oct being the worst of the returns that make this axiom a solid and trustworthy one. Ichimoku Cloud and RSI divergences support this idea too. Risk seems to be peaking, and Risk/Reward is now well within acceptable ranges with SL1, SL2, and SL3 positioned wisely. Going into the autumn seasons when traders...
*Yellow = 200 EMA | Blue = 100 EMA This video goes over the divergence between the DJ:DJI and DJ:DJT . Currently, the DJIA is trending upwards, setting new highs, and lows. However, contrary to this movement, the DJTA is moving downwards heading towards a trendline shown in the video, but could very easily break through that trendline. Why do I care? In...