- Bullish Wedge - Daily Regular Bullish Divergence - Huge Short Sentiment (Contrarian positioning) - Previous Price Reversal Point ** Note I did say 'risk what you cant afford in the video, obviously I meant only risk what you can afford **
Thank you for watching :)!
Good evening traders, Here we have a short setup on the USDJPY. We've spotted a breakout to the downside and capitalised on the break on the lower timeframes. Details about entry and exit levels are in the video. Happy Trading Kaetea Ng
Hello Traders, Here I have a video on a trend continuation setup on the EURAUD. Enjoy! Kaetea Ng
Hey Everybody, Alex Here! As you can see I'm currently eyeing a nice long set up on GBPNZD. I know everybody is bearish (bad) on the GBP at the moment due to all the discord concerning the Brexit talks currently taking place in Brussels. Even thought the overall sentiment towards the GBP is bearish (bad) and this trade is favouring GBP strength over the NZD, the...
Silver looks to be showing a little bit of life today with a large bullish fake-out from a bearish pennant. That is price has been dropping consistently week after week with multiple bearish patterns forming. Another bearish pennant finished forming and price today broke to the downside but staged a very aggressive comeback, back above the pennants bottom...
I see at least a possibility that bitcoin has now embarked on a new steep uptrend line similar to the time frame of March 2013. There are points of evidence that the current price action will continue in classic uptrend style price action that is persistent and pushing higher consitently and then evolving into runaway price action. The bear market of first half...
see the video for the commentary
Right now I think everyone sees the same thing: A big ole wedge setting up on ETHUSD...now I hate to burst your bubble, but I don't think it's ready to head higher just yet. As we speak Ethereum, Bitcoin and the rest of the market after a rather quiet day has started to sell into the last hour of the session. We're at a pretty key decision point here in the...
Rising Wedges are Bearish patterns (a little booboo in the vid) all the rest of the info is in the chart.
see annoations and video. Wait for break of 20MA IF it happens it will be a nice long
Hey Traders - In this video I share with you an example of both a simple pattern formation called the Rising Wedge as well as a potential structure based trade. Akil
In this video I show what I think is a pattern that creates a greater probability for the south. I explain more on how I draw my trend lines, which may not be what the gurus teach people to do. The main feature is a contracting pattern on the 4H which stand to be beaten by the big trend from the Daily. I'm not saying the pattern will break soon. Price may...
In this video we're looking at a structure based trading opportunity on the USDCAD using a few classic reversal patterns.
Is it a Bearish Wedge or is it 3 Rising Valleys? Look for the Breakout Buy or break below and small retest for a Short.
Be wary of the breakout to the upside owing to the Daily EMA's
Here we have a Ascending Channel on EURUSD. Now we had a similar setup on the downside just last week. So with this setup, we usually see a correction and its a pretty high probability trade.