Update from previous idea: what a trade!!!! absolutely buzzing with this one. so if you look 2 days back I posted this long position placing the buys for a staggered entry, which is the best way to swing trade when you're not an absolute expert at trading it gives you several chances to buy in so timing the bottom isn't exactly the biggest deal. we actually...
Update from previous idea: I have mistakingly put 1hr analysis up this morning and that is actually my short term 15 min timeframe but its fine I will upload 2 1hr timeframes but if you have seen any of my posts then you know this is the 1hr as it has the VPVR volume profile on it and that never leaves this chart. there is actually several things to look at...
Update from previous idea: Okay, I've slightly moved my yellow line, I think w have retested but the line was too thin, bigger timeframe trend lines usually have thicker lines because it is more like a small zone rather than an exact dollar amount. wither way this trend line is relevant placed in multiple points, so we will keep it here and see what happens....
Update from previous idea: WE'RE IN! if anyone seen this chart and took a trade with it then all of the buys were hit and now its juts about holding this level and moving up. being patient and sticking buys down lower a couple days ago did not look like a likely scenario but price had liquidity down there and action moved down to catch it. if you notice I put a...
Update from previous idea: Best case actually played out!! if you look at yesterdays analysis at the bottom I said ideally, price is looking to break the 0.236 and aim for the previous high. we did exactly that! crazy, I love when analysis plays out perfectly, looking at price now however, since touching the previous high we have seen a slight rejection at this...
Update from previous idea: We broke the yellow line!!! lovey stuff very bullish sign obviously we still have some obstacles to go before signalling bullish in the mid/long term. so broke the line we now are running into the first few levels of resistance. the golden pocket here is the first level looking to close a candle in this box before bullish test and...
Update from previous idea: I have taken a new fib on this smaller time frame chart and its playing out really nicely. so trying to post quick so you can see it play out. we have seen a nice move to the upside here on the shorter timeframes making a new high here which is amazing, we ran into the 0.5 fib as resistance before seeing a bounce then a break of that...
Update from previous idea: We spoke about the yellow line calling the top and again we have seen another test of the yellow line, BUT no test of support which honestly is super bullish it is easy to get caught up on the small 3,4,5% movements on price but if you were to zoom out you can see we haven't even tested support yet price is being bought up before it...
Update from previous idea: I mean again my analysis played out perfectly from yesterdays post, I said a break of the 414/382 support box would signal a volatile move down and then at the bottom of the post I said in the absolute worst case we could see a test of my green highlighted box and that is exactly what happened, crazy. so currently price has started to...
Update from previous idea: Looking at a bigger timeframe here just to show how well the mid term fib is holding up. I have brought the original fib down to a new high I think is more relevant to the price range we are trading at. you can see we are being rejected by the golden pocket currently, bounced off it twice in the past 2 weeks, but notice that we did...
Update from previous idea: Yellow line as mentioned in the previous analysis has called the top again in this rally, we are definitely building up to a big breakout here we have seen nearly a test of support and now a test of the resistance here, obviously it is a Sunday so I don't want a breakout today let the CME get hit and then send price in a direction...
Update from previous idea: several things have happened since the last update and I was out yesterday so never managed to do an analysis yesterday. I am going to analyse this chart with the same fib and then put another post up with it updated I think we have a new swing high and low for short term so I will see if anything can be made of this. firstly the fib...
Update from previous idea: New fib, already being broken to the downside, yellow sloping trend line is new support here, if we see a break i'm looking at the 0.236. this fib has seen support at the golden pocket and then some consolidation around the 0.5 but price has shot through the 0.382/414 meaning the same thing as I said yesterday about price retracing....
Update from previous idea: yesterdays analysis spoke about the potential retrace that was likely to happen because of the liquidity left in the chart. I was really hoping we would see a test of the 0.5 and continue to the upside but we had loads of liquidity at lower levels (where we are right now). so blasted past the 0.5 and are seeing support around the...
Update from previous idea: this long term chart is going to have many moving parts it is extremly difficult to pin point relevant trend lines, its always good to make progress on it and continue to update the charts even if it seems like nothing has happened. to start with my teal blue line has proved to call the exact top of this pump the past couple days,...
Update from previous idea: My mid term chart is probably my favourite to look at as it has been playing put amazingly well so far. if you look at my second last analysis of this time frame which I will link below I was really looking for price to hit my yellow lines and we didn't see a touch of that level. only to see price crash to the downside perfectly...
Update from previous idea: Yesterday was a crazy day! the fib has played out really nicely, price was extremely volatile due to the news from the FED about the economy. overall, really bullish price momentum we did see a sharp drop back to around the previous low, before bouncing back quick using my yellow line as support. blasted through all my targets before...
Update from previous idea: Fib has played out lovely, i'm glad nobody panicked, we did see a small wick down but that was exactly what I said yesterday, a quick wick to stop traders out and proceed to the upside. Stop needs to be lower than previous low because if we are bullish we should be making higher lows, we also seen a break of my favourite level in this...