I get my early entry at H4 TF. Entry at 108.00. Might be holding this position for a long time.
I already have a position on 1.18 Tp1 116.25 Tp2114.5
Thank you for your continued support! :) This Monday, the FBM KLCI main index closed 0.11% or 1.47 points lower. HKEX is closed for Easter Monday, and the US markets don't open until at night XD. Overall, KLCI was in sideway movement today. The bears teased the 1350-1353 region, but a quick support was found as the KLCI touched today's lowest point at 1352.78,...
Thank you for your continued support! :) On the daily chart, the Footsie Bursa Malaysia main index had be sliding lower steadily until the fateful Friday the 13th in March where all hell broke loose, losing as much as 7% at the day's low. The result: a monster gap of some 45 points. Talk about a black friday! The development of the following week would come as...
This is an updated look at my chart from the analysis done on the 17th of March - Price action tested the highest Fib level before making a reversal and triggering of the pending order. This was a long wait but patience in key. *NotFinancialAdvice
MULTIFRAME ANALYSIS 3 MINUTE, 5 MINUTE, 15 MINUTE AND 6 HOUR CHART SETUP.
Here's my DJI analysis from a smaller time frame perspective. This is another case of being patient to allow certain things to take place before execution. My bias is definitely short for the Dow Jones Index due to a number of factors, but I'll name a few. Confluence (3 or more): -Price breached a significant HTF OB -Price broke through HTF Diagonal...
Hello, Before we start talking about now let's go back to 2017 to demonstrate the simple business model of big banks. In 2017 before the futures every big financial entity was bashing bitcoin really hard ( Example: www.theguardian.com) The reason why is that because they are simply making the weak investors sell in order for them to buy more and then manipulate...
short selling because the candle breakout old support double top break in M30 and H1 BUT you can wait for confirmation on D1 time frame Because the price is at the bottom of the channel and maybe go up remind that you can wait for test and short sell again !
HI traders Before taking a sell position , let's price break down and pullback specified level . I hope it was useful .
You can see that the wave respected the weekly and monthly resistance, which alined with the rsi being in the overbought zone. see link below! Also the wave respected the 0.618 level which is a strong level to short.
We looking at a double bottom price pattern on the 30, H1 and H4 TFs Hence anticipating a bullish continuation .
As seen on the chart, GBPUSD has hit support and I expect it to bounce back up. RISK: Medium to High Why: Because the candles at this point are still weak and it has hit the support before the trendline, which could indicate that it's not going to follow the trendline anymore, or it could go back down hit the trendline then bounce back up.
EUR/NZD entered the area of resistance It may come back and fall but if it reaches the line(Breaks the 2 levels of resistance) it should continue moving higher. But for now we need to wait and once we will see what will happen we need to go for the 4H/1H timeframe to look for the right entry.