Hi Traders, USDCAD had failed to breakout of Bullish Continuation structure which a short opportunity to the bottom of this structure is valid and could potentially be a 4:1RR. Price may continue down to the HTF lower boundary which we will manage this trade accordingly. Follow your trading plan and make sure your entry criteria is met before entering. Let me...
First, I tried to find an exchange that has more data or candles for COTI. The KuCoin Exchange was one of the first exchanges that launched COTI (03 Jun 2019). What is the COTI❗️❓ COTI stands for Currency of The Internet with the aim of creating a decentralized and scalable payment network to facilitate efficient global trade. COTI wants to create a new...
Hello Traders Here is a new SELL scenario, for the moment this is just an idea Aussie confirms the positivity until now 1.08000 is a level to watch ! I will come back to you with proper chart and signals ! JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including
LONG trade analysis on USDJPY . Graph is looking bullish from lower trendline to upper trendline in Parallel Rising Channel . We should wait for any Bullish Candle confirmation like Bullish Engulfing Candle or Hammer Candle and it is ready to place buy trade . Trade idea is also shown on RSI indicator. If you liked this idea or if you have your own...
sell, or wait for break out, better to wait for the break out and enter after retest
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Bitcoin working a parallel channel and moving into a wedge.
MAs converged nicely+++ Price holding above all MAs++ Price still below 3D VWMA and 200 DMA -- Lack of volume and follow through -- Oil prices - Takeway: still needs to build above 225 to absorb the overhead supply...might start to ramp into summer as travel picks up again.
Hi Traders, Tomorrow's FED meeting will be interesting to see how the USD pairs react. As for GBPUSD we are moving within a HTF descending wedge type of structure which were approaching the upper boundary. Looks to have bearish price action but we could get a breakout and go higher before price drops. Always wait for confirmation and follow your trading plan....
Hi Traders, NZDUSD is moving correctively within an ascending channel and in my opinion we still have room to climb higher before it's ready for another sell off. Keep an eye on this pair for the upcoming week. Comment below and share your view on this pair! Support me by clicking the like button if this has helped you! Good luck!
Hi Traders, JPY pairs strengthened last week and price action is showing us that we can get another push down. Price has been moving within an ascending channel which we had a double top pushing price to the lower boundary on Friday. If we get an impulse breakout with a LTF correction, this will validate another entry for a sell position. Be patient with your...
I took the data from the previous cycle to determine a loss % range and date range for the rest of our current cycle. I used parallel channels to estimate the declining range.
I took data from the previous cycle to estimate our current cycle low and time frame.
I took the data from the previous cycle to determine a loss % range and date range for the rest of our current cycle. I used parallel channels to estimate the declining range.
Hi Traders, Looking at the HTF we can see a falling wedge pattern with a few swing highs and swing lows which we are also approaching the upper boundary. Price may get rejected and push down one more time, however in my opinion we might get a breakout and LTF continuation to generate more weakness for the USD from the emergency FED meeting tomorrow. Wait for...
Need To Wait for best entry in sell . wait till break the mirror level and close any candle close down from mirror level
The price action of the GBPUSD is currently consolidating in a tight range spanning between the 23.6 per cent Fibonacci at 1.36121 and the 38.2 per cent Fibonacci at 1.35260. This range is likely to remain active over the next several days given the top-tier releases in the economic calendar for next week.
Hi everyone! Daily " BTCUSDT Upward channel. BTC is currently Trading at $42.2k looking to bounce of up from down trend support level. (White line ) If achieving good volume we could see it re-test previous failed resistance at $45.9 K (strong resistance level) If failing to hold above this level and( a) daily candle closes below $40.8K (White broken...