System has identified a “B&R” setup and a sell stop on the break of the inside bar for an entry executed during the second hour of the LONDON 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a...
Current environment seems hard to trade in. If you zoom out every now and then, you'll find a lot of Inside Quarterly candles, like $SPY. Not saying market is expected to go up or down, but it's seeking for a (clear) direction. Check your internals/sector ETFs, currently lots of inside's on the quarter: DIA IWM OIH SLX SMH XBI XHB XLB XLC XLE XLF XLI XLP XLU...
We are at a supply orderblock which caused a break of structure below. Upon reaching the orderblock, we saw a pinbar + inside bar combination pattern. Not only that, we are reacting to the upper parallel line of the pitchfork. We can target the imbalance and equal lows liquidity below.
Looking for sell on EURGBP 0.85068- TARGETING to 0.84553 and then next buying opportunity is 0.84553 - targeting to 0.86100. expected stoploss 50 pips and 160 pips profit target. Thanks
We have a lower inside pitchfork going into the 2023 bull cycle with more palatable price points. For the month of November, we have a high price of $95 MIddle price of $60 and a low of $37. If the bull cycle is in December/January then we have a high price of $413 middle price of $261 and a low price of $164. Clearly, these seem more attainable given that...
Using the inside pitchfork and layering them can give us a possible price scenario for Sologenic end of 2023. Of course we are basing this on the Expanding Cycle THeory mentioned by Nicolas Merten from Datadash on Youtube. The bull cycle for Bitcoin could happen in 2024 as well. No one has the crystal ball on the future peak for Bitcoin but with some math and...
I am not a fan of $BTC price action recently, no follow-through on 50k break. I am leaning towards a fakeout scenario. But this double inside day might give us a confirmation on what $BTC wants to do.
INSIDE PATTERN BREACKOUT TRADE ONLY ON 24.07.2020
I am using the regular Pitchfork and the Inside Pitchfork to give us another angle of the possible future trajectory prices of Cardano. Remember that these are all speculative price possibilities and nothing here is intended as trading advice but mere speculative projections. As Bitcoin heads higher according to the Stock to Flow by Plan B, if Bitcoin reaches its...
Friday, GSX experienced heavy selling throughout the day with a nearly 15% drawdown by the end of day. Throughout the bear market, GSX has been resilient and is considered relatively strong compared to other sector stocks. This changed however when GSX clearly broke a support level at 34.50 on heavy volume Friday. Despite the bullish price action in the...
ZM has been gaining a lot of attention lately due to COVID-19 and the rising demand for online conferencing programs. ZM had recently broke out but has been relaxing for the last 3 days after reaching a high of 164. The last 2 days, ZM formed inside candlesticks on the daily chart indicating that a breakout may be imminent. Following yesterday's post on ZM,...
2 inside day candlesticks are forming in ZM as a coiled spring is forming on the lower timeframes. ZM has not participated in the recent market bounce and seems to be acting inversely to the action. Watch ZM to start breaking out today or tomorrow above 147. Long @ 147 Stop Loss @ Below today's low. Target @ 180
hello. watch this inside bar for a potential reversal to the upside. or to the downside as a sell setup. make sure you know how to trade that candle stick pattern and make sure ypu know how to calculate risk / lot size before executing any trade. tarde at own risk. this is not a trade call. have a nice weekend. and rock on!
Entry : 2035 - 2205 T1/ 2585 T2/ 2864 T3/ 3415 T4/ 3950 Stop loss : 1745
Very simple setup. Price broke through down trendline and made a retest of it + its R turned S. Entry on a break of inside Bars
Price created nice swing failure pattern in a monthly demand box followed by inside bar in a inside bar with a upside break.
Clear 4h 50 EMA & Ascending TL rejection to take lower, which intake was a perfect time when NFP came out to be the catalyst to move Gold up for a simple pullback on a 400-500 downside move, which was another great short entry for gold to take from 1524 to 1504 for 200 pips. Gold Rejected 1H 50 ema, silver aligned well with this too.
The price of gbp/jpy broke the support zone. The one identified by the EMAs 20 and 200 periods and by 50% of the Fibonacci retracement, on a daily time frame. Violating the whole area between 145.60 and 145.00 and confirming the closing below it, the price will continue this downtrend. The next target that coincides with the first key static support is at around...