Hello, I'm going to start sharing my trading journey from now on. I primarily trade using Elliott Wave counting. As I continue to document my trading opportunities, I'll track both my winning and losing trades. I hope you find it interesting! Currently, my expectation is that if the price moves up from here and forms an ABC correction pattern with possible rising wedge, there will likely be a short trading opportunity around $87,000, marked as a red A. I anticipate that a rising wedge pattern could form, hitting the trendline and then dropping, or it might break slightly above the upper trendline, creating a bull trap before falling. In that case, the target for profit would be around $82,500, based on the Fibonacci 0.617 retracement level, assuming the previous low holds. Of course, the price hasn't moved upward yet, so there's also the possibility that it could drop from here instead. If that happens, I won’t take a position and will wait for the next opportunity. I'll review my trade and record the wins and losses next time. see ya next time.
we are currently in no-mans land with no significant demand levels that can push this stock up to the all time highs. We can expect this stock to keep dropping until it reacher the zone marked out, from there we can expect massive amounts of demand kick in and push this stock up.
The price is trading below the midline (moving average) of the Bollinger Bands. Lower highs and lower lows indicate a downtrend. Immediate Support: Around $120 (lower Bollinger Band) Volume appears moderate, with some increasing spikes during price drops, suggesting strong selling pressure.
In 2003, Silver was below $7. Today it's above $33. What will it be in 2050? At today's price: For many, it's a great price to sell. For many, it's a great price to buy. DYOR. Trade Slick.
Base on support/resistant daily maked on chart. We can try sell EU for swing correction trade to 1.067 (50% Fill FVG on Daily chart).
Bias: No bias USD News(Red Folder): -None Analysis: -Strong bullish closure on daily -Looking for price to retest 1.236 fib level -Potential BUY if there's confirmation on lower timeframe -Pivot point: 2980 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
Wipro 259 - After a long run, Wipro is getting back to its fair value channel. Breakdown of 278 suggests Wipro to test 213
We have a resistant at 3003-3005 zone. (Temp) Strong move but FVG not yet fill. To day we trade correction wave to nearest support zone. Good luck mates! TradingMakeSense!
This is one of the trades we took today which was very good trade, however due to me targetting the buyside liquidity all the way at 19,788.75 caused me to not realize my profits at the 16:00 mark. I was full of emotions today and I believe its just old patterns that I am working on breaking. We had a great trading week last week, so we must remain level headed and focused. I can see here that my problem today was just not taking profits due to wanting to hold for bigger trades. This is something we must break from and fix in our trading. When I am more focused on quick trades targeting near term liquidity pools it is when I am most confident. But I realize as I start getting better trades I tend to try to hold on to them more, specially after last week where we caught over 800+ points. We were able to catch over 1,000+ points today, the sad part is... I was at work and did not enter on my funded challenge, I entered it on paper demo just to see the results of the trade and let me tell you, it broke my heart to not have entered because it FLEW to my TP. This is part of the journey though, and I realize I must get a hold of these emotions and anxiety to get into trades and make money. 3/17/2025 - 12:01pm -12:14pm (13 minute trade) 3:00 was our entry 16:00 Should have been our TP. (We should've realized that the next 1h candle that opened at 1pm would have a manipulation lower) We could've utilized the IFVG once again at 12:46pm for the entry for the perfect trade idea. This was around the area where I entered on my DEMO. - We used the 1H FVG which was used as support near its 50% - Volume Imbalance from 11:33am -11:34am candles. It was used as support - We also respected the Bearish FVG (turned IFVG) from the 11:33am candle. https://www.tradingview.com/x/Fi7VZfYh/ We can also see that we create a inverse head and shoulders pattern 2 times near this area. The first one we caught the trade, just failed to take TP at 16:00 mark at the 19,741.50 high. The second Inverse head and shoulders pattern occurred 1:03-1:05pm. This was also a slight tap above the 1h bullish fvg which was the final piece needed to take price higher to fill in the 4h SIBI from the March 10, 2025 6:00am candle. We ended up taking a total loss of $214 on our Top step account today after all trades. Forex, Crypto and Futures Trading Risk Disclosure: The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading. Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary. BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC): Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. 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The USD/JPY pair is showing signs of bullish momentum, supported by a break of structure and the breach of previous highs. These technical signals suggest a potential continuation of the upward trend.