Perfect
This is the topHowdy folks its been a while,
Wanted to come back and let all you good folks know that this is the top, the range that we are in is the top.
I've been conflicted in my self confidence of decision making when it comes to trading and has been a shock. Almost like I lost sight of who I thought I was, that hurt my ego.
We are not our ego though? We think we know ourselves, all we know is what we are not. New data, new perspective, new algo, new view.
When we know what we are not is when we can see what we are.
That's all folks,
$QNT retests the 200 MA After the quad bounce off of the 0.786 resistance line yesterday (Larger Circle), the $QNT market headed towards a retest of the 200 MA (Smaller Circle). It was beautifully executed, both the 200 MA and the ichimoku cloud were touched, retested and successfully held their ground. The $QNT market is on its way up again following the uptrend line I had drawn a few days prior of buying what seemed to be the bottom of this run. Hopefully we can see some very nice profit over the next couple of days!
Thanks all for taking the time to view this idea! feel free to leave a comment and let me know if you agree with it or of there is anything I should consider on top of this information. I wish you good luck! <3
AUD/USD NEW YEAR GIFT CONFIRMED!As predicted AUD/USD is set for a huge decline. As per my analysis on 11th December, I was waiting for a bearish engulfing after a re-test of the neckline. Given the risk off sentiment in the equity markets, AUD is set to further decline and complete the bearish engulfing pattern on the daily chart. Setting up a perfect 7:1 profit to loss ratio.
Here are the details of my trade.
Stop loss 110 pips @ 0.72255
Take profit 740 pips @ 0.64000
I have attached the description of my analysis on the 11th of Dec below. You may also wish to refer to my previous post my directly viewing my idea on AUDUSD.
" A perfect set up is being displayed in the AUD/USD chart
The set up started more than a year ago in July 2020.
Forming a head and shoulder with almost identical shoulders.
Everything in the set up has been going perfectly, this pattern is also obvious in the weekly chart.
It is typical for the bars to re-test the neckline which adds more credibility to the pattern.
Just as planned, the price is flirting with the neckline, Monday's bar should confirm the rejection.
(Remember, wait for a clear rejection, ie bearish engulfing or similar)
If price breaks above neckline, it will be a bullish sentiment.
The RSI further confirms it, to me it looks more like a retracement rather than a divergence.
Although there is a support region around 0.7000, it does not seem significant given the strength of the pattern. (18 months)
Trade profits a great 6:1 ratio (TP/SL). The TP is obtained by projecting the height of the head from the neckline and reflecting it downwards. Set the stop-loss slightly above the neckline to weather any spikes from news.
It is rare for such perfect set ups to be present in the daily and weekly charts. Don't miss in.
In addition to the technical analysis , the Aussie dollar looks sluggish due to the economy and current relationship with China.
Happy trading and share your comments! :) "
AUD/USD NEW YEAR GIFT A perfect set up is being displayed in the AUD/USD chart
The set up started more than a year ago in July 2020.
Forming a head and shoulder with almost identical shoulders.
Everything in the set up has been going perfectly, this pattern is also obvious in the weekly chart.
It is typical for the bars to re-test the neckline which adds more credibility to the pattern.
Just as planned, the price is flirting with the neckline, Monday's bar should confirm the rejection.
(Remember, wait for a clear rejection, ie bearish engulfing or similar)
If price breaks above neckline, it will be a bullish sentiment.
The RSI further confirms it, to me it looks more like a retracement rather than a divergence.
Although there is a support region around 0.7000, it does not seem significant given the strength of the pattern. (18 months)
Trade profits a great 6:1 ratio (TP/SL). The TP is obtained by projecting the height of the head from the neckline and reflecting it downwards. Set the stop-loss slightly above the neckline to weather any spikes from news.
It is rare for such perfect set ups to be present in the daily and weekly charts. Don't miss in.
In addition to the technical analysis, the Aussie dollar looks sluggish due to the economy and current relationship with China.
Happy trading and share your comments! :)
BTCUSDT True Reversal pointHello traders!
BTC is in the range for the past few days as the market is confused about where it's heading but thanks to the strategy we can detect reversal points with pinpoint accuracy.
BTC needs to touch anyone one of the True Reversal Point so that we can enter the trade.
If it hit 52280 then it's a sell to 48582. I am waiting for this scenario.
If it Hit 48582 first then it's a buy to 52280 Target.
You should not put entry/Target exactly the given number as the market will be pinpoint accurate and won't trigger your Entry/Target. You should put little early from TR point.
Give Thumbsup to the powerful strategy and follow to stay connected.
Is Dogecoin about to crash or go to 70 cents? Dogecoin analysisOn the weekly log chart we see here I explain in detail about Dogecoin and all the indicators you need to know when to buy and sell this altcoin.
Will Dogecoin crash to 20cents?
Is Dogecoin one of the most bullish coins in the market for the last 5 years?
This chart is explained in explicit detail here: www.youtube.com along with many other charts and extras to show the path forward for Dogecoin.
Happy trading legends!
HTBB
Take a look at my other charts and analysis below to see my unbelievable correct analysis record. If this kind of analysis interests you and you want more than just 1 or 2 correct chart analyses every month or so, check out my website and become a member.
CHZ/USDT UPDATED 14/03/21
I updated the last chart, we have an uptrend pattern that will went reversal on the entry points. If you are shorting you will enjoy the TP'S. Fibonacci helped for it. And also the demmand and supply.
TP 1 : Probably happen quickly
TP 2: If the trend is strong don't rather to try to get it.
If you are a hodler, might the market prepare you for skyrocket if keeps bullish. We need more news about $CHZ for it. But i let you the doors here.
EURUSD Perfect Entry on 15M to continue ShortPRICE BROKE 9 & 26 MOVING AVERAGE PLUS FELL BELOW 15M BOTTOM BOLLINGER BAND AS CONFIRMATION. PRICE TESTED BBB TWICE; NOW EXPECT THE TREND TO CONTINUE PUSHING DOWN TO THE NEXT DESTINATION WHICH IS THE 4H BBB 1.20588. IF PRICE BREAKS BELOW 4H BBB, CONTINUATION WILL OCCUR TO NEXT DESTINATION. THIS IS A TUTORIAL ON HOW TO USE INDICATORS TO PREDICT FUTURE PRICE MOVEMENT & SNIPE PERFECT ENTRIES ON LOWER TF AND WORK UP TO THE HIGHER TF.