USD Bullish Outlook
Hello traders:
USD has certainly shown us some strength from yesterday,
and many of the USD pairs are looking very clean for some bullish move in favor of the USD.
We can see here on USD index, price slowed down when it reached a double bottoms area, correcting within the descending channel structure.
Finally we see some bullish LTF...
English
The theory says that its heading for a bearish triangle. we are in a trend continuity pattern. but its a probability, not a certainty. I think there is a 50/50. BTC can break up that resistance at 40,600 or try to look for levels close to 30,000
Español.
La teoría dice que se dirige a un triangulo bajista. estamos en un patrón de continuidad de...
Hello fellow trader
As one may see in the chart, two patterns were formed by the price.
The first light blue marked is an rather choppy inverted cup and handle formation. I have outlined the target calculation of the pattern in the center of it.
The time frame is a valid one, c&h structures need at least several weeks to be taken into consideration. Also that...
Etherium has been moving in flags, simple method for easy setups just find the trend on lower TFs and wait for the break it’s been quite bearish lately make sure u follow the stronger trend!
Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week.
I will explain my approach on the entry, SL, TP and management.
Getting close to end of month, and overall pretty mellow. Quite normal coming from a bigger profitable month last month.
Still very please with the result, +3.36% per the...
Bitcoin came down! Now that it looks more like it will reach new lows (than yesterday) I want to share a bullish perspective.
This is what I have been calling the 'coconut long'. It's where you get a horizontal value area, followed by a spike low, followed by a horizontal value higher than the previous hva. Price has a tendency to dip down closer to the spike...
Price broke the downtrend line. I think now a good time for an entry point. With stop-loss. Only with stop-loss. And with the goal to accumulation zone to 0.47-0.51. I don't exclude that it could be a false breakdown. Be ready for all scenarios.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Hi everyone:
Today I want to dig deeper into a few USD pairs that may shape up for a very good bullish move in USD in the near future.
I narrow down the 3 best potential pairs, EURUSD, GBPUSD and USDCAD.
EURUSD
GBPUSD
USDCAD
Lets take a look at each of them, and see my analysis, forecast, and entry potential on all of them.
As always, understand that...
It's a tricky currency Loonie. (USDCAD)
Technical aspects: For now we are range bound and we must respect that.
Pattern: Triangle formation, a break to either direction for further confirmation.
Support: 1.20080 - 1.19005
Resistance: 1.21080 - 1.22000
Trade Journal
(Just a trade idea, not a recommendation)
Decided to post something else today.
There is liquidity sat above, but today I am looking at the gaps that have been left these last few trading days.
I like it when the gap gets filled quite early on, yes it is frustrating if you get suckered into a move only to see it reverse but if you get a gap and go, there is always the worry that the trend never really...
