As can be seen in the 15-minute timeframe, a new bearish trend has taken shape, with a large bearish candlestick created as the idea was typed. 1- But the following figure is in the daily time interval that shows the long-term trend of the chart 2- The following figure is in the time interval of 10 hours, which shows the strength of the bearish resistance...
1 hour gold time frame chart 1- In the downward trend, the price should not exceed the previous ceiling. 2- Low risk entry point in the range of level 1 3- The place of faster and more risky entry in the range of level 2 4- The price can reach the previous floor 5- The price can reach the support range of September 29-30 6- Long-term descending channel ceiling....
Hey hey. My name is Kaci. In this video, I complete a top down analysis of AUDCAD. I take a bird's eye view of the longer term move in the market. In this video, I use fibonacci retracement and extension tool to help me determine my bias. Right now, I believe we are in a down retracement and price on the weekly has not hit one of our key levels, 38.2,...
Hello everyone, hope you are doing well. Welcome to another trade setup as a part of "Aglogains - Daily Trade Series". On the 1H timeframe we also see a three wick rejection, the price tried to break bellow 3090 3 times and failed to sustain the move. My entry is on the 1H timeframe, after I observed a double bottom with a bullish confirmation. Entry -...
We can see that multiple timeframes are aligning for a possible short on gold. We just need gold to break and close below the neckline on a daily chart. If it breaks we can dive down to smaller timeframe and find good entry with nice risk to reward! If you have any questions on the analysis ,or if you want to see the whole analysis on monthly and weekly. Just ask...
Simple Price Action strategy that covers both buys and sells so you can never miss an opportunity. Remember small losses for those big gains. Look on my 'about me' or my bio for more information if you want to know how this works. Message me if you want to know how to utilize my strategy. This can be used on any timeframe that you prefer. When resistance...
Hello everyone Hope everyone is good having a good week in the markets... here's an idea on the EURO / POUND * follow your entry rules on entries * significant moves with the bulls change the plan. lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow...
As the mini bearish trend (correction) for btc seems to come to an end, btc will look to hit support at the all time highs. I am very confident that BTC will surpass 60k and will not look back into the 40k and 50k ranges. But as we all know, nothing is guarantee, With my simple price action strategy you will be ready to go for any situation that hits you for max...
I'm looking to go short from the red supply zone for about 5:1, maybe more. Now, there is a demand zone there at around the first target (T1). where I will have to pay close attention to get out if price shows signs of reversing, depending mainly on how price enters the supply zone. Also, it is going against the Daily trend, favoring the demand level at T1.
Welcome back traders, it has been a while. We will dive deep into CCIV across multiple timeframes, and hopefully make sense of this. Please read the disclosure below. So many YouTube influencers (ZipTrader has been one of my favorites lately) have already explained why this sold off so viscously, so that won't be covered here (you should definitely check it out if...
EUR/NZD has been in a downtrend for a very long time, so we are looking for shorts. Price broke out of a key support level, around 1.65430. We can expect price to retrace back to this level, and we can take a sell after conformation of trend continuation. This key level also is also 61.80% fib retracement level, which adds another confluence for a short around this level.
- the friday is closed below the res 1st by pin bar, it mean reject this level - the pin bar is nice after strong momentum. the price will pull-back around the sup 1st or test demand zone 1st or 2nd - Pls review the volume, you can see it's increasing and specially the doji bar. it mean the shaker didn't want the price is go down more, they stockpiling when the...
- H4 you can see the head & shoulder is formed. This is reject the support 1s level - The volume is increase when the price is strong go down. the shark is kill retailer investor by hunt stop loss around support 1s - the question is why the price does not go down to test support 2nd, and why the friday is go strong up. because the shark will trap the retailer is...
Bears continue to take control of this market as price breaks to the downside. Could we see a retest of previous support before further movement to the downside? We forecasted a break to the downside because it was in line with our HTF directional bias on the pair. For more - just drop me a private message!
- the pattern head & shoulder is formed - the price is in the darvas box, wait the price break out this box then buy
- Daily Chart in the DaVas Box - The Down Momentum is trong but pin bars reject demand zone 1st - Wait big bull bar or bear bar break out this box and follow that trend
in weakly price break previous low ...so i am looking selling
We are updating our wave count to the start of a Wave 5 up of an ascending impulse... previously we were looking for a wave 5 completion. Price retraced to the .236 fib retracement and bounced perfectly. Our daily momentum is bullish. We received buy signals from our indicator.... but we have entered no trade. For our trading plan, the weekly PUMBA momentum...