EURUSD most recent decline occurred on February 25th and has been in an attempted recovery mode from March 31st. - Today, we see the break of a channel and a new lower high suggesting a a continuation of the overall trend. - What I am waiting for is a break of tested support followed by a retest to provide an opportunity for a short position to move in towards...
The 1-day timeframe has a lower trendline and it has just touched the upper trend line part. In the 1-hour time frame, a rising wedge is being formed. The selling opportunity is a great one and it has a good risk to reward too as the imbalance is pretty good on the way to the supply zone. Try to keep it simple and trust the technicals.
Like if you agree with me or other reasons.... This is based on my idea.
Wagwarn my slimes please leave feedback to help me improve and trade safe. We're looking at GBPCHF here which is very very overbought so we're looking at a nice sell. We may be abit late to this move but market open will delay if a bit for sure with some volatility and spread AIDS. Price has been ranging since the 11th March and we've seen that resistance...
What's up please comment what I can do better. I have spotted a smaller head and shoulders pattern (0vert last 8 days) forming on the a pull back of the EURNOK downtrend which began this time last year. The 1D trend line (orange) was recently broken up and then back down, the most recent wick up failed on the 25th and lost momentum suggesting a considerable...
Hello I'm new so please suggest any improvements / indicators I could include in my analysis to improve it. Quite a simple one really, plenty of hidden bullish divergence and price is consolidating / ranging in a 400 pip range, we're hoping to catch this buy back up to the top again but if it doesn't go all the way it will at least reach TP1 so make sure you get...
Hey guys hope you're doing well reading this. Fib drawn between yearly high and lows - recent spike brought us up by roughly 400pips, we're currently seeing exhausted / rejection candles forming an arch shape, like an upside down "U" which is much clearer on the 4H chart. This is a less common trend reversal pattern, but we can put some faith in it as price is...
A lot of room for error as this idea is being published way before the expected move is going to take place. Looks like a bullish flag / rectangle which means on the third low it should shoot up, hopefully all the way to the weekly trend line where I can then ride a sell down. This will probably never happen- but wishful thinking is the key to success. So is...
Short term: Reversal in favor of Bulls pending U.S. stimulus... Will this decide how engaged and ready retail investors (RI) are for the next digital financial expansion. Long term: ADA shaking of the leaves before half dollar moves bi-weekly until $7.50 (Aug-Sep)
ETH is about to touch all time high resistance back in the middle of February. I believe that ETH not only kiss the resistance but bypass it and continue to moon. Correction seems to be over. But as always, nothing is guarantee. My Simple price action strategy will assure you with big gains with little losses. Message me if you want to know how to utilize my...
i decided get the first plan. this is what i have done , i personally like this simple approach. i been doing well with it. let me know what you guys think. there is lot buy / sell signals because i personally like having a couple to go off of with a momentum strategy so i do not jump the gun to much and get a good entry. do not like relying on only one is what i...
Overall my bias on this (longterm) still has not changed. I will still not be looking for the longer term swing high just yet. Our analysis on gold this year has played out to a Tee(Pee) This is a nice and simple setup. For it to be relevant we need to see a break of the top of this falling wedge structure, this then opens up the targets to 1745 & 1770. Both of...
Like my idea if you agree with me or other reasons... This is not a financial advisor, I am just sharing my idea.
Nothing fancy here. Just my best hypothesis in the intermediate term. -KeepingItSimpig TVC:SPX