Hi all, BTCUSD , made a nice bounce again from the trendline. It seems people start buying the dip. However, - The momentum is not so strong from the last swing high - We have divergence showing clearly on this momentum lost - We have nice bearish candle yesterday So we have all the nice bias for Bear more than Bull in this case. - If we do conservative...
GBPJPY, Sell On H1. H1: - Structure: Change of trend-> Downtrend forming on H1 - Tendency: Downward - Below resistance and EMA => Sell
GBPJPY, Sell On H1. H1: - Structure: Change of trend-> Downtrend forming on H1 - Tendency: Downward - Below resistance and EMA => Sell
CHFJPY, Sell on H4. H4: - Structure: Sideways - Tendency: Upward - Test resistance - Candle: Bearish candle and closed below resistance - MACD: Down => Sell
CHFJPY, Sell on H4. H4: - Structure: Sideways - Tendency: Upward - Test resistance - Candle: Bearish candle and closed below resistance - MACD: Down => Sell
XAUUSD, Sell on H4. H4: - Structure: Downtrend - Tendency: Downward - Candle: bearish - MACD: Down => Sell
XAUUSD, Sell on H4. H4: - Structure: Downtrend - Tendency: Downward - Candle: bearish - MACD: Down => Sell
Reversal candles ( Basic)! 1. Double Bar Low Higher Close ( DBLHC) The DBLHC pattern consists of two candles. The Lows of both candles need to be very close (within few pips). The Close of the 2nd bar need to be Higher than the previous bar's high. 2. Double High Lower Close (DBHLC) The DBHLC pattern consists of two candles. The Highs of both candles need to be...
Reversal candles ( Basic)! 1. Double Bar Low Higher Close ( DBLHC) The DBLHC pattern consists of two candles. The Lows of both candles need to be very close (within few pips). The Close of the 2nd bar need to be Higher than the previous bar's high. 2. Double High Lower Close (DBHLC) The DBHLC pattern consists of two candles. The Highs of both candles need to be...
10 chart patterns every trader needs to know! - Best chart patterns 1. Head and shoulders 2. Double top 3. Double bottom 4. Rounding bottom 5. Cup and handle 6. Wedges 7. Pennant or flags 8. Ascending triangle 9. Descending triangle 10. Symmetrical triangle
10 chart patterns every trader needs to know! - Best chart patterns 1. Head and shoulders 2. Double top 3. Double bottom 4. Rounding bottom 5. Cup and handle 6. Wedges 7. Pennant or flags 8. Ascending triangle 9. Descending triangle 10. Symmetrical triangle
Sideways Trend - Definition A sideways trend comprises a series of price swings existing within the range of a significant upper resistance area and a significant lower support area . The range support and resistance boundaries (range lower and upper boundaries) may be formed from either higher timeframe S/R and/or significant trading timeframe swing highs or...
Sideways Trend - Definition A sideways trend comprises a series of price swings existing within the range of a significant upper resistance area and a significant lower support area . The range support and resistance boundaries (range lower and upper boundaries) may be formed from either higher timeframe S/R and/or significant trading timeframe swing highs or...
AUDCAD, Sell on H1. H1: - Structure: Downtrend - Tendency: Downward - Retest trendline , resistance and closed below - Candle: Bearish outside => Sell
AUDCAD, Sell on H1. H1: - Structure: Downtrend - Tendency: Downward - Retest trendline , resistance and closed below - Candle: Bearish outside => Sell
The One Chart Pattern That You Must Trade What's a "first pullback"? This is just the first pullback after a significant price event. For example: - The first pullback after a trend line break. - The first pullback after a breakout. - The first pullback after break down (short). - The first pullback after any wide range candle. - The first pullback after a break...
The One Chart Pattern That You Must Trade What's a "first pullback"? This is just the first pullback after a significant price event. For example: - The first pullback after a trend line break. - The first pullback after a breakout. - The first pullback after break down (short). - The first pullback after any wide range candle. - The first pullback after a break...
GBPUSD, Buy on H1. D1: - Structure: Uptrend - Tendency: Upward - Candle D1: Pinbar H4: - Structure: Sideways - Double bottom forming H1: - Breakout trendline - Pullback, retest trendline and given singal candle => BUY