Analysis 20-02-2

This blog post explains V-Power entries within Golden Setups.

V-Power is a trading system with automation possibilities that gives you an edge over the market. To achieve a much higher winning percentage you can combine high probability setups with V-Power e.g. Golden Setups.

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

Here is a detailed explanation how you can get a huge edge over the market by using Golden Setups: Golden Setups explained

 

 

Possible Next Golden Setups at the moment

SHORT GBPAUD IDEA
 

In the D1 time frame we can see on GBPAUD a strong bullish trend 13 days ago. With recent bullish price action developing, a short term correction lower is possible, however, the long term bias is bullish whilst prices remain supported above to previous resistance on 0.19156 that become now in support.

The Revelant Key Levels are Resistance at 1.9521 (black dotted line) and Support (Purple line) at 1.9156

The major resistance is being tested.

 

 

 

The next screenshot on H4 shows the actual situation. The price has penetrated strongly through this major resistance.

You can see three bullish trend lines:

  1. The initial move is the first bulllish trend line with 14 degrees. Upward move.
  2. The second move is the second bullish trend line with 23 degrees. Upward move.
  3. The third move is the third bullish trend line with 42 degrees. Steep upward move.

At the same time price is too strengthen from MACD.

 

 

 

 On H1 time frame below shows four bullish trend line (green lines) formed by a climatic move (is a sign that the bullish trend reversal will occur).

You can see four bullish trend lines:

  1. The initial move is the first bulllish trend line with 14 degrees. Upward move.
  2. The second move is the second bullish trend line with 23 degrees. Upward move.
  3. The third move is the third bullish trend line with 42 degrees. Steep upward move.
  4. The fourth move is the third bullish trend line with 73 degrees. Very steep upward move.

We can see the dotted resistance line @ 1.9521 which is being penetrated (Stop Hunt/Final Accumulation above the resistance) by the price action. A bearish divergence (red rectangle) developed in this same time frame which already gave a signal that a reversal to the downside will most probably occur. Nested divergence (H1/M30) showed by PTS_Alerter_MACD_Divergence_Box (see chart).

 

 

Along these lines, we have SEVERAL things on GBPAUD which maybe produces a V Power Setup:

  • A major support price level at D1/H4 @ 1.9521
  • Steep upward move trend line on H1/M30: very steep upward move of 73 degrees lilt
  • Matured Upward Trend on H1/M30: Price has penetrated strongly through this major resistance on 9521
  • A regular divergence on H1/M30

 

V_Power Rules

 Let's to remember V-Power Rules looking  an example on USDCHF

 

 

Analysis based on steeper trend line and major support/resistance at the moment

The following analysis are based on steeper trend lines and supports/resistances that are being tested or about to be tested.

For considering, the article posted on January 7th about steeper trend line: 

  • upward move = Section 1 (>0 degrees and < 30 degrees)
  • steep upward move = Section 1 (>= 30 degrees and <=45 degrees)
  • very steep upward move = Section 2 (>45 degrees to 90 degrees)
  • downward move = Section 3 (>330 degrees and <360 degrees)
  • steep downward move = Section 3 (<= to 330 degrees and >= 315 degrees)
  • very steep downward move = Section 4 (<315 degrees to 270 degrees).

 

Possible SHORT on GBPUSD.

Check all rules on V_Power and Golden Setup.

 

 

 Possible LONG on EURJPY

Check all rules on V_Power and Golden Setup.

 

Possible SHORT on EURAUD

Check all rules on V_Power and Golden Setup.

 

 Possible SHORT on GBPAUD

Check all rules on V_Power and Golden Setup.

 

 

Possible SHORT on GBPNZD

Check all rules on V_Power and Golden Setup.

 

 

Possible LONG on USDCHF

Check all rules on V_Power and Golden Setup.

 

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

By joining the V-Power community you will get access to a very active private telegram group with experienced members: Join the V-Power Community

 

 

 

 

 

About Me

I'm Mike Semlitsch the inventor of the PerfectTrendSystem. I'm in the trading business since 2007. Helping other traders to succeed in trading is my passion. The PerfectTrendSystem is the result of more than 30,000 hours of hard work. Connect With Me:  

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