Hi Traders! AUDUSD has broken its yearly trendline resistance as the bulls have taken over. Here are the details: The yearly trendline is now broken. Since the break and close above the 20 EMA, the price action has looked very bullish. Our plan is to buy the market dips by looking for an entry near the trendline resistance and an exit near the mid-year range...
Hi Traders! USDJPY is on a pullback and re-testing the trendline break, which opens up opportunities for short entries on the market's pullbacks. Here are the details: The market recently broke both the support trendline and the descending channel. Our plan is to sell rallies by looking for an entry near the 20 EMA and a target exit near the monthly...
Hi Traders! AUDUSD is in a descending triangle, and there is a possibility of a break below the trendline support. Here are the details: The market is trending down with swings of lower highs and lower lows following the break and close below the 20 EMA. Our idea is to sell rallies, looking for a break below the support trendline and exit at 0.64924. Preferred...
AUDCHF is testing a key horizontal supply area. A bearish breakout of a neckline of a double top pattern on an hourly time frame gives us a strong bearish confirmation. We may anticipate a bearish continuation to 0.5733 ❤️Please, support my work with like, thank you!❤️
GBPCAD formed an ascending triangle formation after a test of a rising trend line. I expect a movement up to 1.715 ❤️Please, support my work with like, thank you!❤️
If the double top on the weekly chart is going to hold, then there should be a good amount more downside in USD/JPY. If it doesn't - we'll exit this trade. 149 was a key breakdown area - in case of a rebound we can enter short. A close above 149 probably nullifies this trade. 145 is the key target.
EURNZD formed an inverted h&s pattern on a key horizontal support. I expect a pullback to 1.761 / 1.766 levels. ❤️Please, support my work with like, thank you!❤️
Hi Traders! GBPUSD looks bearish. There is a double top forming on the chart, and there are opportunities for short entires. Here are the details: The market is holding below the swing high resistance at 1.27466. Preferred Direction: Sell Entry Level: 1.27069 Stop Level: 1.28375 Profit Level: 1.24325 Technical Indicators: 20 EMA Please make sure to click...
Daily/4h time frames analysis for EURUSD. Price action & key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
PVR INOX LTD Key highlights: 💡⚡ ✅On 1Week Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 2200+. ✅Can Go Long in this stock by placing a stop loss below 1522-.
In the video I discuss some key price action concepts and how I use them for my Forex trading. Knowing these key concepts helps me get on the right side of the market and in the right trading zones nice and early. The basic concepts discussed are : - Anchors to trend - RTFs - ICTs - Spotting Reversals ** If you like the content then take a look at the profile...
AUDNZD formed a double bottom formation, testing a key daily horizontal support. We may anticipate a bullish movement from the underlined area to 1.093 resistance. ❤️Please, support my work with like, thank you!❤️
As I predicted, USDCHF dropped last week. Analysing an intraday price action, we may spot one more strong bearish confirmation. After a consolidation within a horizontal range on a 4H, the price violated its support and closed below that. Sellers demonstrate the strength again, so we may anticipate a movement lower at least to 0.878 ❤️Please, support my...
In comparison to USDCHF, EURCHF looks bullish to me. The price is trading within a wide horizontal range on a 4H. Testing its support, the pair formed a tiny cup & handle pattern and violated its neckline. I believe that the market will go to the resistance of the range - 0.9678 ❤️Please, support my work with like, thank you!❤️
The currency pair is currently consolidating just above the 1.2400 handle, grappling with recent consolidation highs. The Pound Sterling faces challenges in retaining gains made against the US Dollar (USD) last week. Experiencing a mid-week peak with a 2.25% gain against the USD, the GBP has since moderated to a more sustainable 1.65%. Despite a broader market...
Pattern – Continuation HL Support – 7035 Resistance – 7100 Hi, and thanks for checking out today's update. Today, we are looking at ASX200 on the daily chart. Today's video asks if the ASX200 will confirm a continuation price pattern we are watching develop on the daily price chart. Buyers look okay after holding support and forming a bullish bar in today's...
Hi Traders! EURUSD is on a pullback after breaking and closing above the ascending triangle resistance, and there are opportunities for short entries to target the previous resistance break. Price Action 📊 After the intital break and close above the triangle resistance, the market rallied to create a new monthly high at the 1.09652 level. Now the market is on a...
Hi Traders! The 151.946 apex level proved to be too strong and there is a now potential double top pattern on the USDJPY 1W chart after the market failed to break and close above 151.946. Price Action 📊 After the initial break and close above the previous strong resistance level at 145.073, the market traded with continuous bullish momentum to target the...