First off, there is a monthly Ascending triangle. The orange lines represent monthly zones. The circles show the touches of the trendline zone. So the monthly has some uptrend structure. When we look down at the Daily chart, we see at the market is currently in a downward parallel channel. However, I'm looking at it bouncing off of one of the bottom two green...
The main chart shows the monthly TF picture of the AUDCAD pair. Here as seen the price is confined inside a triangle which has been respected on numerous occasions. Additionally the red lines represent the nearby support and resistance levels drawn from the monthly charts. For A SHORT scenario to take place, the price must breach the triangle and the monthly...
Price is currently confined in a descending channel or wedge on the weekly charts with multiple tests occurring on both sides of the channel making it more and more potent if a breakout occurs! The blue lines on the main charts represent the support and resistance levels drawn from the monthly charts and as of few weeks ago the 75.000 level was respected and now...
Monthly support is pushing, I am waiting for break and retest of 1D/4H resistance! TP1 is placed at past ftr TP2 is placed at a strong D resistance Enjoy!
Oil is approaching a potential longterm demand zone as shown in the chart. This chart is squared to the highest selling price of UKOIL, the levels of 1/8ths and 1/3rds are also derived from it. The bearishness is still very much present in this market but usually the best time for longterm accumulation comes with a lot of fear . The next 500 ticks of downside...
The third impulse wave is about to mature and a 6-month fourth corrective wave is anticipated to commence in January 2019, printing a low around $58 in June 2019.
BTCUSD seems to be in a pullback phase of its second setup bull leg . The first bullish impulse leg got retraced around 85% , same retracement level applied to the current bullish leg lands us around $3200. Judging from the previous behaviour of this pair, if its historical dynamics are repeated, the ultimate demand area can be expected around $3500-$4500 . If...
Currently price is respecting the 1.1600 zone, however by the next month it is expected to reach to the marked zone of 1450. Keep selling EURUSD.
EURCAD weekly chart shows it just brounced off a major monthly resistance after forming an inverse head&shoulders and looks like could be forming a double top ... could take a few days but im waiting for retest then a huge drop to my first demand zone but we could be seeing 2500+ pips with this pattern over the next few months
Follow on video to last nights video and I have to says... i actually was expecting the 200EMA to hold price action. I mentioned, last night I would be watching to see how today candle would play out and was hoping bullish, but that is not what is happening. Obviously, I'm expecting the daily to close below the 200 EMA here in just a little while, which would...
So here We are Sharing Monthly Analysis.. If we see DXY trading in range of 98-104 for few months and also 98 level is Strong support for it too breakage may call for more low but as monthly we can expect low around 97 where high 103. If we talk about other pairs. Major pairs: Gbp can be strong other all weak. Pairs we expected upwords ...
Quite an aggressive entry after rejection of immediate resistance. Monthly Resistance at the round number of 1.0700 so stops above that level. Targets at 61.8% retracement towards bottom end of the channel, 2nd targets down at the previous swing low
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 39 Currencies (12th Month Statistics) @ drive.google.com Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 39 Currencies (12th Month Statistics) @ drive.google.com Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 1482 Cross-Rates (12th Month Statistics) @ drive.google.com Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 1482 Cross-Rates (12th Month Statistics) @ drive.google.com Best regards Aaron
AFL has falling big once before on a big picture bearish pattern. Could it do it again?