Multiple time frames analysis for Bitcoin. Daily/4h/1h time frames analysis. Price action & important key levels. Bullish bias explained. Trading plan. ❤️Please, support this video with like and comment!❤️
So again, I cashed out my trade just above 5000 as we fell last night following the Israel drone strike against Iran. Most of that dip appears to have resolved itself, at least for the moment, but those geopolitical issues will likely be crucial to the potential of a market fall in the coming days. I go into it in the video, but major Earnings are next week, and...
Trends into today are; Last Macro Trend Signal Spots (ES Contract) 30m - 5111 Uptrend (4/17/2024) Lower High 1Hr - 5220 Downtrend (4/12/2024) Lower Low 2Hr - 5203 Downtrend (4/12/2024) Lower Low 3Hr - 5197 Downtrend (4/4/2024) Lower Low 4Hr - 5197 Downtrend (4/4/2024) Lower Low 6Hr - 5250 Downtrend (4/2/2024) Higher Low 12Hr - 5204 Downtrend (4/4/2024) Higher...
FX:AUDUSD Preference: AUDUSD has been trending downward for the majority of the week. After consolidating and breaking above, we set a buy limit order at the double bottom on the 30-minute time frame and waited for this structural level to be retested. Our trade is now active. If this level holds, we could see a retest of the highs before a continuation of the...
TVC:USOIL Preference: Oil was in a downtrend until price retested the lows on the daily time frame. In this area, if the price fails to create a lower low, we could see a retest of the previous support level, which is now resistance. Alternative Scenario: "If the downward trend in the market continues with the same strong momentum as before, we may see a...
Holding yellow support will be key here until we activate a stronger purple to break out of orange. Video says it all Stay tuned for further updates Happy Trading :) - TraderDaddyOG
In this live trading session video,we look at our positions on BRENT and GBPUSD and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them. The concepts you learn from this video are cross transferrable principles onto any strategy.
Overall structure is bearish on Monthly, Weekly, Daily and H4 but price is reaching a support level and we are looking for buy opportunity when it reach support level. We will buy the counter trend until it reaches the last support that was broken on the daily timeframe.
Here is a short video on my key price action concepts which enable me to build a picture of what is happening and what side of the market I should be on. I like to use Anchors to a trend and key levels to build the trades on a 5min and then use the 1min charts for the entries. Enjoy the ramblings !!! The basic concepts discussed are : - Anchors - Price...
In this live trading session video,we look at the three trades that we recently took on the 50k traders challenge account. 2 of them,AUDUSD and GBPUSD got stopped out and we explore why we took them at lower risk. We also look at the 3 key points we need to be aware of when we are going through a drawdown. The concepts and ideas in this video can be cross...
Multiple time frame analysis for USDJPY. Bullish movement after CPI discussed. Trading recommendations, trading plan, forecast. ❤️Please, support this video with like and comment!❤️
FX:USDJPY Preference: With the first TP hit on our original sell price pull back immediately. This pullback retested the highs but failed to create a higher high. If the bears hold on to momentum at this level we could see a break of the low. Alternative Scenario: With multiple rejections above the highs, liquidity retests above the highs are also possible....
FX:GBPUSD We've reached a key level with GBPUSD. The 4-hour time frame gave us an uptrend with multiple rejections at the 38.2 of the Fib. If price fails to break above this level, we could see a retest of the 23.6 before continuing the uptrend. The close of the next 4-hour candle could give more insight on the direction of this move. Alternative...
According to the analysis i did on nadaq100 i foresee a bull run coming during CPI. Price has been trading within the bearish channel and found strong support level 18 000 mark and within the barish channel we found a inverse head and shoulders, currently am waiting to see price breaking out the channel and testing it then push o the upside.
NZDUSD is still very bearish and I believe it will continue to sell. - The candles are still below both of the EMAs. Bearish conditions are still met. - The MOM is still negative and below 0. Bearish conditions are still met. - The STOCH is below 50, facing down and the orange line is above the blue line. Bearish conditions are still met. Potential trade...
Hey Rich Friends, I think EU will continue to sell. Here is what I am looking at: - Candles are below both EMAs. My bearish confirmations are met. - MOM is facing down and negative. My bearish confirmations are met. - STOCH facing down, below 50 and the orange line is above the blue line. My bearish confirmations are met. - The current candle has closed...
In this live trading session video,we look at open positions on BRENT and GBPUSD and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them.
OANDA:EURUSD Preference: Looking at EURUSD on the macro time frames, there is a chance that we could see a bull flag on the daily. Upon the retest of the 61.8 level on the Fib, the price will also retest a structural level on resistance and our downward trendline. After the trendline retest, we could see a reversal in the trend if the bulls fail to maintain...