Analysis 20-02-6

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

 

 Golden Setups (+Fabian Widmer V-Power Results) 

 

With consent from our member Fabian Widmer I'm allowed to share his great trading results during two days of trading with the V-Power System. More tan 25 trades profitables at the begin this week. 3 screens shows the excellents results

 

 

 

 

 

Golden Setups occurred recently

 

BUY EURNZD

On January 25th was posted possible buy on EURNZD, there was explained how to operate channels.

On D1 the roof was establised at 1.6919 (purple line) and the floor was established at 1.6690 (Medium Spring Green line).

The low tested the low area over on January 24th at 1.6690. The low four weeks ago also bottomed near that area at 1.6690 to 1.6628.

 

The image posted was…

  

 

Three days later the price had already reached its resistance level and it has remained bullish per two session more around 440 pips.

 

In the chart H4 we can see a bearish trend (320 degrees) i.e. a very steep downward move formed by a climatic move. In that moment the price action was within support area (major support on D1 and major support on W1) where price bounced upside. Distance between support daily and weekly was around 40 pips (small).

You can see more clearly the point exactly were occurred the break out above steeper trend line on January 14th (labeled with red circle). A day after formed V-Shape (blue shape) that pushed prices higher.

 

 

The following screenshot on H1 shows the area where the price action nearly tested the support on D1 and as well  touched a couple times the steeper trend line that in that time acted as support. A bullish pattern (V-Formation) at previous support area @ 1.6663 was enough for push the price higher during 3 days. PTS_V_Power_EA also drawn the first green box of the new bullish trend. This momentum was enough to reach resistance on 1.6919 (around 140 pips). 

 

 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 AUDNZD

Check all rules on V_Power and Golden Setup.

 

Possible LONG on EURUSD.

Check all rules on V_Power and Golden Setup.

  

 

Possible LONG on XAUUSD

Check all rules on V_Power and Golden Setup.

  

Possible LONG on WTI

Check all rules on V_Power and Golden Setup.

  

  

Possible SHORT on USDCAD

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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