After a 1 hour variation of an evening star during the London session this morning, I was alert during the New York session to see if price would be strong enough to push beyond its latest high; especially after a bullish engulfing. Price merely closed off with some buy exhaustion only to followed by a doji. This set-up looks like a false break of a major...
After an indecision pullback to retest a 4H bullish engulfing, I took a long position based on the higher high and retest of the 30MIN. I'm taking long positions based on the 23.6 retracement of the daily chart. I expect for price to continue to make higher highs as I believe this uptrend is still strong.
🔸️Ticker Symbol: NVDA 🔸️Timeframe: 4 Hour 🔸️Investment Strategy: Neutral TECHNICAL ANALYSIS: NVDA has a massive doji candle on the 4H timeframe. This means we currently have indecision in the market and the stock is trying to figure out which way it wants to proceed. I do want to draw your attention to a couple key metrics on our indicators. The white line on the...
I see a great opportunity to short the AUDNZD, especially to a half risk or break-even situation. Idea laid out here. 1% Risk 4:1 RR I would start taking profits sooner than 4:1 of course, but there is room to run on this trade. Happy Trading!
Could be a very interesting week ahead for the Dollar.
With everything else absolute, this is more bullish than bearish candles. Statistic and live trading VS books, theories & paid subscriptions. Both of our studies since 2012 & sine 2016 presented before you below there is more chance to go up rather than down . That said, the formation and the recent strong bullish momentum might be favoring the other 43% of a...
Hey guys, in this video I'm going to walk you through my higher timeframe analysis on the $DXY & show you how I create a directional bias on the higher timeframes followed by what clues I use for added confirmation as I work down to the lower timeframes & look for potential reasons for entry. Please hit that LIKE button if you enjoyed the video & also don't be...
I think the all time highs for these 2 stocks are behind us and they should only head lower from here. Ive observed a repeating pattern for both these stocks which tell me a trend change is forthcoming
Strange, Buzzing noise but :'( - But it's all good as per normal i'll be posting the before and after screenshots next for exact entry price, sl & tp (Trading Journal)
AMEX:SPY From a technical analysis perspective this bounce is over. I explain why via video. Simple TA.
Nice Doji candle indicating possible fall and strong down movement.