This is a follow up on the last video. We arelooking at bearish movements on most currency pairs. Always remember to trade wisely.
If price closes above 200$ on the current 3 day candle, we can see a continuation towards 22$, but I tend to see only a small bullish continuation to 220 and then a strong bearish push towards 150. Only if price breaks above 230$ on the weekly timeframe, we can see strong bullish continuations towards 320 and 450$. A break below 190 from here already could make...
If price manages to close above 26.5k on the current 3day candle, we can see a simple fulfilment towards 28k and even 29k. On the other hand, a break below 25.4k can make price head towards 23k and even 21k. Only after price reacts from 29k-30k, we can be more specific regarding the long term direction for BTC.
NOTE: NO NFP NEWS!!! News was released last week. Use the weekly for market type and market structure. Use the daily to plot support and resistance levels, and look at trend . Use the 4h trend as well but for entries to.
If the wave (4) down plays out like a double correction, it looks like we are ready now for another leg down. Wave (X) might be finished which means we can go down now as wave (Y).
The primary scenario is playing out and we are reversing from the wave ((b)) area. More downside is expected. The surprise would be that we get a double correction to the upside.
It looks like the primary scenario is playing out and we are reversing from the wave X area. We expect more downside as an ABC structure to finish wave Y.
In this video, we are studying the time lag between commodities, inflation data, and central bank decisions. 3 types of crude oil for trading: • Crude Oil Futures 0.01 per barrel = $10.00 Code: CL • E-mini Crude Oil Futures 0.025 per barrel = $12.50 Code QM • Micro WTI Crude Oil 0.01 per barrel = $1.00 Code MCL Disclaimer: • What presented here is...
The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
Details in video...for only crypto I'm testing this strat. 1H RSI has to show a break in a peak up or down, followed by the 15m then the 5m..this worked out good thing I took early profit....
EUR/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
triangle setup in nifty it breaks down so took the entry with small sl target is yestrday suport
Long term Double bottom pattern is possible in DYDX. if DYDX drops below $1.75, we can expect the entries for it around $1.34 and $1.01. DYDX can do 10X in the coming bull run. Entries around this will be amazing to hold. If Bitcoin drops below 25,200 in coming week. We will see drop in altcoin as well. Keep your funds ready.
EURJPY: Top-Down Analysis and Potential Trading Scenarios Since early August, the price has been moving between a large correction zone of 156.90 - 159.75 These key areas of support and resistance appear to be very strong and as long as the price develops within the pattern, it will only continue to go up and down. Currently, the price is showing another...
Thanks guys for watching , videos going to keep coming out with better quality and breakdown.
Pretty much my thoughts on this coming week. This shows exactly what I am looking for from NDQ, SPY, APPL, DJI and some others.
Support and resistance guide of Natural Gas Gold Silver US dollar Forecast
The shadow on the bottom of the S&P 500 futures session is what I refer to as a bouncy low. It is the 2nd day in a row that we've seen buyers coming in towards the end of the session. The expectation is that Asia would follow through with a equal or higher opening.