Market Structure vs Price Action Patterns There are price action patterns proven to have trading edge. However the patterns do not have the same probability of success at all times and positions in the market. The Success of the Price Pattern depends on its position within the structure of the market. The position of the The Price Pattern within the...
This company has been the day traders favourite recently But can we invest in it on swing basis? I have marked the descending parallel channel. Will it go and bounce off the upper trend line or will go through it and the trend will resume I am a buyer here!
I can see that both on the weekly and daily chart we see this consolidation. It has flat support level. I have bought ethereum last night. Will add to the Bitcoin long as well. What do you think?
BitCoin has entered the area where SERIOUS buyers are getting ready to unleash their wallets. Be prepare to be bombarded by youtube shorts and ticktocks of big million dollar buys being posted around Today's levels. "I Have bought BitCoin, will you buy with me?" they all say!!! "buy here buy here" #bitcoin My Stop Loss is below the most recent low. Looking...
I can see that price moved up yesterday, creating that strong wave 3 up, overnight the abc down (bull flag on H1) ... Now i see a confirmation candle, A bullish Trend candle just closed on the H1. I went long above the h1 of the last h1 candle. On chart you see wave 5 projection
I have marked the chart with potential Elliott wave on the 4 hour chart. We see a strong wave 3 up followed by what can be seen as a bullish flag on the D1 chart and some sort of a bear wedge on the 4 hour chart From what I Call THE SETUP ONE concept it is a wave 4 within tight boxes. I see a 4 hour bullish candle. I am long above this Long Entry: 0.9175...
This is a good setup one short. We see a long sideways consolidation period and currently it is breaking below it. The Pound Sterling had interest rates news announced today and it would appear the pound is wreaking against the USDCAD Also a pullback Short on the GBP/USD
Further to my ongoing analysis and trading signals on the BTCUSD #BitCoin saga, It would appear that we are currently in situation which can be interpreted in two ways We are either at the low of the trading range. We see a bullish reversal candle with a good tail sticking out of the trading range lows. Suggesting the bulls are probably taking over. I can guess...
The Swissy seems to have completed its consolidation period or pause after the surprise move up. Could we see more longs here? The Breakout of this range will tell us that. Lets see The Setup 1 by iTradeAIMS The Flag Pattern by Price Action The Breakout Pullback Pattern
It would appear that the trend up wants to resume on the EURO Dollar pair. I see good potential for a swing trade long I am long already off the H1 chart.
Further to my previous analysis on #Bitcoin linked below, my long trade reached its Wave C target. Now the question is will it continue "resume" the down trend or if its in a sideways range, then will it touch the range lows. Next target for shorts from here is down to 33500 and Target Zone 1... check out Fib Exp 62%
Hi I can see that the dollar yen is a mild up trend It had good few months of uptrend earlier but for the past few weeks its making new highs and higher lows but not quite as strong as before I see that price is near the lower channel (trend line) and middle of the Keltner channels. I see a good possibility of price going up to test the swing highs
I can see that BTC has bottomed out a bit here. It is now a trading range. Which warrants me to buy the lows and look for range highs. Are we going to head toward the 40,000 mark? Lets find out ps: if you're into Elliott Wave this is the C down of the B down. so the C up should take us to 40K level
Plenty of hits around this support zone Could we see buyers kick in here?
Quick 10 Sec Elliott Wave Analysis | wave 5 down or C of 4 Up? There is a pattern I like to call the B Trap. We know that Wave C's can be naughty. Wave C has a character of being spiky and harsh. A Wave B is often, made of ABC waves. Sometimes, the C of B pokes out above/below Wave A of the B. Visualize it here. This would be in "technical analysis" terms,...
UAA is a Buy here at the range lows with a limit buy order. Marked on the chart, multiple support hits. Look for Failure Test or Fake out or a pin bar with a tail that tests these lows
Some interesting buys in the past but if this range / channel breaks then we have some more buys what do you think?
Looks like the Yens are set to drop. EURJPY is strongly going up, GBPJPY is going up, Showing that Yens are weak. On the USD/JPY, we are seeing some movement upwards. Meanwhile, The Dollar's weakness is halting a bit. On the daily chart, we see the price has hit the upper line of the wedge/channel formation but the pullback on h4 still looks ripe for longs....