USOIL & NZDCHF Missed Position Recaps (+8%)Missed Positions -
TVC:USOIL +4%
FX:NZDCHF +4%
Here I cover two missed positions from last week, I was travelling at the time and out of my normal routine so this was one element as to why I missed these trades.
I fully explain through the video my thoughts from the higher timeframe down to my entries, with emphasis being put on how easy it can be to achieve a double digit week.
Hope you enjoy!
Structure
ALGOUSD LONGMonthly Bullish break and close and pullback completed
Weekly Bullish break and close and pullback completed
Daily Bullish break and close and pullback completed
I now forecast Bullish upwards momentum, If this does not take place, Expect complete failure and price to stab through the Lows.
I for one am Certainly Bullish ALGO
EURUSD sellPreviously i was totally buy baised but now as i have observed the pair from weekly to daily to 4H to 1H we are seeing a downward 👇 move in the pair also the confluence is 50 SMA which is above the price also we have a support level down there at 1.0884 price level if price breaks below 👇 we will see a heavy downside move in the pair also the confluence is from H4 to H1 we are experiencing a falling wedge pattern which indicates price will soon fall after break below
BTC - Short-Term Bearish?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
The BTC market structure has been very clean lately, which I find interesting.
📉Previously, after breaking below the last major lows (marked in red), BTC dipped .
📈Similarly, after breaking above the last major highs (marked in blue), BTC surged .
🔄 If history repeats itself, and the current last major low marked in red is broken to the downside, we can expect another dip in BTC.
However, as long as BTC continues trading within the rising orange channel, the overall short-term trend remains bullish.
🕝What do you think? Will BTC break below the channel for a bearish correction to start, or will it keep pushing higher within the channel to test the $70,000 round number?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich