OANDA:NZDJPY Overall structure based on the weekly, daily, 4h and 1h is bullish with price having broken above the 90.500 daily resistance and retesting as 90.500 daily support with price also retracing at 38,2% Fibonacci retracement level at the same 90.500 daily support. The bullish engulfing candlestick on the 4h is an overall strong confirmation to go long on NZDJPY
FX:GBPAUD Break and retest above at 1.90323 key support area of the 4h
FX:GBPAUD Break and retest above at 1.90323 key support area of the 4h
FX:EURUSD Overall structure based on the weekly,daily,4h and 1h is bullish with price finding support on the 1.09395 weekly support area.
FX:GBPUSD Overall structure based on the weekly,daily,4h and 1h is bearish. A break and retest below key support area with bearish engulfing candlestick being my entry confirmation
FX:USDJPY Overall structure based on the daily and 4h is bearish. price broke countertrend structure on the 1h and made a retest to the new resistance area. Entry is based on the bearish engulfing candlestick the the 30 min timeframe
FX:GBPCAD Overall structure is bearish based of the weekly, 4h and 1h timeframe solidifying my bearish bias. price broke below 1.69858 daily support and made a retest as resistance. a bearish engulfing candlestick on the 1H was my entry candle to go bearish on GBPCAD
OANDA:NZDJPY Break below 89.640 weekly support and price made a retest at what is now 89.640 weekly resistance. a bearish engulfing candlestick on the 4h and 1h is confirmation to go short. Also the 61.8% Fibonacci retracement level at 89.640 weekly resistance is a strong confluence
FX:GBPUSD Break and retest below 1.25458 4h support and price retested at what is now 1.25458 4h resistance. 1h bearish engulfing candle is my entry confirmation
OANDA:NZDJPY Overall bias on NZDJPY is bearish with the daily, 4h and 1h confirming my bias. Price broke below 88.962 4h support and made a retest as 88.962 4h resistance with a bearish engulfing candlestick on the 30 min and also a break of countertrend structure on the 15 min being my confirmations to go short on NZDJPY
Hi there, As you can see in the 4-hour timeframe, the price has had a nice run-up from the demand zone at 0.096, growing 17%. However, it has since been corrected back to the support zone. It's still in a range-bound pattern, but there are a couple of possible scenarios that we can consider. One possibility is that the price will continue to be range-bound for a...
As you can see in the 4-hour timeframe, the price has been in an uptrend from the demand zone at 0.73. It broke through the HIGH at 0.79 and grew by approximately 14% to the price range of 0.83. After the growth, the trend is currently range-bound in the price range of 0.80. In the 4-hour timeframe, it is very important to maintain the support levels of 0.80/0.79...
Dear Investors, Goal I often hear: "... but I learned from my mistakes." This phrase might be a kind emote of forgiving yourself, but you can learn much more from your successes. Today, I want to write more about an example of a success because I learned from it. I want to explain what I learned from this take profit and conclude the analytics because I know...
FX:EURUSD This is a breakdown on a EURUSD trade i took yesterday and closed it today before London session began
FX:GBPUSD Price broke below 1.26229 daily support breaking bullish structure. Price made a pullback and retested as resistance around the resistance area of interest with a bearish engulfing candlestick being my entry confirmation. Take note, today is a fundamental day thus low risk should be used to avoid big losses in case price goes against my bearish bias...
FX:GBPUSD Price broke below 1.26229 daily support breaking bullish structure. Price made a pullback and retested as resistance around the resistance area of interest with a bearish engulfing candlestick being my entry confirmation. Take note, today is a fundamental day thus low risk should be used to avoid big losses in case price goes against my bearish bias...
FX:EURUSD Overall structure based on the weekly, daily 4h and 1h is bearish. Price closed below 1.08368 4h support and made a retest as resistance with a bullish engulfing candlestick being an entry confirmation to continue sell bias
FX:GBPCAD Overall structure based on the weekly, daily, 4h is bullish. Price had made a pullback to 1.71042 daily support and managed to break above the 1.7150 1H key resistance and retested and support whilst simultaneously breaking the minor bearish structure on the 1h timeframe. a 15 min bullish engulfing candlestick was my confirmation to enter buys on GBPCAD