Did you pass the challenge today? 🤔

New trader here, love these vids this stuff is above my head. but after learning for two years starting to understand what your doing, would love to trade like this in my IRA I'll get there one day.

Love how transparent this channel is, u've just got a new loyal subscriber

You missed the three crows and the inverted hammer indicating weak buyer volume. Also, the three crows broke the upward trend line. The sign of the drop in price was clear and imminent.

The trend line support was break and confirme with à retest

Your analysis is the reason why I make money.

There was an order block that pushed price up but has was not filled if you look back after that area where you bought, and again that area was a liquidity area in the market that market will like to take out first before heading up back to the resistance. So if you had waited for market to get to the orderblock below and saw a rejection around that area and confirmed it on the lower timeframe with a reversal pattern, then you are good to go. You could loose and win but trust the process and trade wise.

You can see that many sellers came to the market and put counter pressure. Then you can see a nice fake out, underneath which an FVG has formed. Then the sellers pushed through another FVG that had already held several times. Then buyers managed to get through the first FVG, which cost a lot of purchasing power. When the buyers came to the upper FVG, the sellers took advantage of the lack of purchasing power and shot out all the small investors who were stupid enough to follow up on their S/L and absorbed their liquidity. In addition, they have just gained new strength for later.

You really did everything right. If you read the chart like this. I saw the setup just like this. But notice this at the top of the chart. You can see an attempt to reach higher getting shut down very hard. potentially suggesting a turn in trend. But it was a good attempt, great risk management. Can't win them all.

It look like creating a "Head and shoulders" pattern. The moment of lowering the price to the neckline , then bounce up a little bit and after this getting down, finishing the right shoulder of the pattern.

I selected sell becoz we have trendline on support level and the red candle breaks the trend this is first confirmation and second one is after breakout we see the bearish Eglfing so sell

Thanks for the honest reviews! Love these videos!

My honest opinion on that trade is sell ❤

Corrective waves are either simple or complex and normally alternate. The corrective waves on this move up were simple and thus this corrective wave after 5 waves likely would be complex and thus do 5 down five up but not 100% back to top and five down again lower then wave one before it could head back up like it finally does at the end.

It seems it made head and shoulder pattern at the end. Also, the paralel uptrend seems that kinda broke on the last candles, before setting the position.

There is need to take note of engulfing candle before the momentum candle,that breaks out this shows the bearish momentum

It went wrong because you bought long when it was clearly going down. No indicator or fibonacci will predict anything consistently

Draw a trend line at the lows price broke the up trend and tested the trend line so thats why price started going lower

the last top is trap break out also may bearish divergence in rsi + trend line neck breack out also a sell signal neck breack out

Also there is 1 indication of Dark cloud on top wherebthe body of piercing bearish high is unbreakable and after that a bearish candle of confirmation and the 4 th one breaks the lower of it. Thus we can say that the trend is getting changed to downtrend

the last top is trap break out also may bearish divergence in rsi + trend line neck breack out

It's just too late in the trend to expect a continuation. Taking the pullback of the first impulse in a new trend was my game changer. I have almost 6 years experience.

Price broke the uptrend and made a lower high. Thus giving you the opportunity for a sell position. As soon as I seen this chart I knew to go for a sell!!!

It broke the trend line going up, that was a short potential on retest, also had a 3 black crows pattern at the top which is a strong reversal pattern

When on a so strong uptrend you begin to see big red candle indicated a sentiment switch. Furthermore there was a clear trendline break and on a lower tf, a changenof structure

Nie do końca po mojej myśli, ale udało mi się na tym uzyskać zysk

I was right, at first I noticed the rising wedge chart patterns and then bearish engulfing. Because of this I am sure that the market goes downwards

Break of trendline, trendline retest and lost of buying momentum

Well, as a price action trader i can say that,last extension is weaker than the previous one,also the last correction's depth is more than previous one, so at this case it's not correct to buy because these are they signs of end of the up trend

divergence also if you use macd youll see it lower time frames

In big time frame yes its up trend supported by hh but in 5 min time frame as a scalper i see sellers are strong

Impossible question to answer without knowing the date. That huge bearish candle that stopped you out is obviously a news/data event, which is why trading just technically will only get you so far

The down swing already broke the main trendline of the uptrend.

What I thought there is doji candle after uptrend. After doji, it's just downtrend. So, I thought I would go short. Is my thought correct? Please correct me if the way I analysed the chart is wrong. I just started learning trading. Thanks

Well the price lose moment during ascending then give a powerful impulsive wave that's why

For me, i need 3 confirmatins for a trade. So, I think i would have waited for the price to come a bit down to the correction zone. As the candles were not really showing a buying signal . There was only the fibonacchi level suggesting to buy. Correct me if i am wrong. I am just a beginner.

There’s also a trading block got broke down. If you set your target at that trading black, it would be a winner.

I think the first break of structure indicat a retracement to down side..

I was going to say sell because it typically happens in threes and it already pumped up about three times

Buy Trade should be initiated from last liquidity sweep area, where you put your SL that was again sweeped.

So long as there are valid Fair value gaps on the downside, price will always target them once again to liquidate/mitigate them then push up.

There was a Break of trend line

Yes it was a buy but you have to wait until the price reach the discount level of the structure, from there it will get strong buy power to go to the liquidity at the doble top

I am still a beginner but why i guessed sell is because of the shooting star candle (inverted hammer) and the last doji candle in which the next candle after the doji closed below the doji candle

Supply and demand. The demand to sell is high. Thats why some people would just want to sell also

It was testing previous break out so your buy should be near previous low and stop should be 4% below.

I would wait first for a solid rejection before placing a trade ,, and if it doesn’t work, it doesn’t hurt as long as it’s according to my strategy

the buying was not strong enough to make a bullish green candle after two rallies so it was clear that the market could go in any direction also the third swing touched the first swing high breaking the consolidation level created at second swing high.

Price broke below the previous higher low forming a QML with an OB. Drop down to a lower time frame and find price action entry at the Order block base with SL above higher high and Profit 1 at the demand zone on the left.

The last correction have a strong momentum and unusual like the rest, a long climax trend perharp overbought, should waiting for confirm signals by candles if wanna follow trend

I would just base on the several red candles came 30% short it. 70% of my decision probably depends there’s a breakout, longing if broke upside and shorting if fall in opposite way.

You don't wait to check closing of next will be below or up the golden level❤

Order block was in below few candle fron where green candle started

You miss supply zone

They was a break of structure indicating that price has now changed it's direction ⬇️

Without more information, including moving averages and supply/demand zones, I scalp puts around the tweezer top and trend break until a reversal starts.

1. Trend line breakout 2. Fibonacci was not to be used against the trend

If you establish a trendline... it obviously breaks the trendline....... plus the exhaustive move up before breaking the trendline. Indicating its a sell off or its going short.

I saw an ABCD for the down, I would have also included vwap for sellers confirmation

I had this to the downside because of the long upward move and it was starting to taper. Plus when it came back to that golden level, the inverted cup was completed and was waiting for handle.

Seller took the market in their favor so buyers hold which makes this a range not uptrend nor downtrend

Which time frame is best for trading futures?

As juicy as that Golden Zone (Fair value gap) looked, the reality is you dont want to be placing a trade solely on that support. Instead I would choose to place entry at the bottom of the first correction which has a more dependable and respected fair value gap. Great trade never the less

As I can see it is an uptrend and then I see liquidity have been swept and then it broke structure possible reversal and also when the guy used the fibinachi it is above 50% which the price is up and it is good to sell on that area and then boom it goes down and target previouse area of liquidity

وحش ❤

You could ve used CMF or MACD to check market sentiment and moved on for further activities, by solely depending on trend line confirmations investing is dangerous!

I would have went short ( use the fibo retracement from the lowest low pnt to the highest n u will see that the correction will probably go longer to the downside , or simply pass tbh

Fibonacci Lower point is strong order block. am I right ?

I got short due to their being strong movement down after a good sized up trend, and knowing that price action will go to that lower discounted level, next low, before bouncing.

Just care about how much price position was too far from ema200. Sometime price was magnetically going back to average price. We need some confirmation here to buy back.

Hi can you please tell us the name of application you use for stock market 😢

Broken trendline last candle was a retest met by selling

The trade u took is FVG. Order block is below that FVG 90% ITS EXTREME OB

minor head and shoulders pattern that went overlooked

Price has already changed it's direction

Seemed like the A wave of eliott structure…. B and C came after the trade was entered

I need more information including moving averages. I wait to see what price action does if the most recent support is reached down. If it continues without a bounce or consolidation, I take a short until a green candle begins on the 1 minute timeframe. If it bounces on support, I look to see if it bounces to the last resistance, and take a buy if a candle passes the resistance. If it doesn't, I short if it continues past the last support.

I should wait to price test to the previous low in pullback so you will know if price reverse or to continue .

You have to wait for the confirmation of buyers moments

There were obvious reasons to sell in this case… even I knew and I just started trading again. Three new lows all of a sudden 🤔

Honestly I used trend line again to go sell and I won currently 2/2

Price accumulated, distrubuted and stalled then the price held in middle of the bullish FVG. Here we wait and see if price inverts that gap which it eventually did, and then you just wait till price comes back and go for a sell.

Market Accumulation, Manipulation and Distribution made you hit the SL.

Rsi was probably in a bear div on the 4hr. Money flow probably coming out as price exausted at the break of that final flag.

Stop loss set way too high, should have set it at previous swing low and adjusted pips according to ATR (which probably would have been high since that point in the stock’s price was very volatile. Also trade should have been closed early when price was first reaching the resistance set by the previous 3-4 candlesticks before where the trade was placed.) Also the last formation resembles a bearish slanted head and shoulders that should be taken into consideration as a sign of a bearish market coming. With all these it would have made sense to short it and try to make some more money on the pullbacks.

It had a breakout, simply just set a trend line from the start cacthing all of those bottom support older ones, you will see price has fallen under the line, with big red bar wich means it is definitely gonna happen, after the second top, which means support won't be has strong as it was, and sellers will see an opportunity to start to regain forces, you still got lucky it didn't basically just collapsed leading to some big losses. Its the simple way i can tell you but there is other sings that also show that, now i gotta go fr. Trading is not only by analisys but also thinking what you would just do if you saw this for the first time trading.

Volume of market

The pattern suggests an uptrend, but the action indicated that this had reached a local peak - strong bearish sentiment suggesting there was going to be a pullback. Not sure whay the resultant pattern was but i would expect it to hit a local low soon after then continue the uptrend. That said, the market has random moments, so could have easily gone up like you said, just the buyers werent interested this time or were out at lunch 😅

Fibonacci indicator was suggesting up trnd but at the bigger picture and look at the all those buying from previous candle suggested buyers are exhausted!

The last strong red candles in the chart could be a warning on the end of the bullish trend so you have to wait for signal bar and key bar to take position besides If you drew a trend line you can see it is broken and also there is a small pull back to the trend line then a decline in price again so these two facts show it's not a good place to take position

Major news broke out

Trendline and previous consolidation breakdown

The market broke structure and if the candle that broke the structure close with the body I will wait for a retest to an order block then sell. That's how I trade

The order block point shows that the market is about to reverse you should have waited for a confirmation of bullish but there wasn't.furthermore,there is a hammer formation suggesting low bullish strength.

If u opened up RSI I’m sure there is a double top diverted to the chart it means weak momentum

I’d say always track the sector and overall markets. Individual stocks are slaves in the short term to markets.

sell my thoughts exactly

The channel was an uptrend quiet alright but it broke out of the trendline, got selling pressure,

My opinion, it was a right way of thinking but it was abit too late in the buying trend, after the market has 2-3 corrections it usually makes a bigger pullbackafter it goes buy again or it it goes on selling

there was a supply zone near the high, price came up to the supply zone got liquidity and dropped