the price is standing at a strong area of resistance since Oct 2022 this area pushes the price each time very strongly. the second entry reason is that the price created this reversal head and shoulders pattern so we can enter a sell trade directly around the neckline
According to the price condition now it is facing a very strong resistance that forms a celling to it right now and it created a downtrend line with 2 waves and now we are about to create the third wave. If u used ur fib tool u will see that the price is near the 61% and 71% fib level that’s why i chose to put a sell limit order around 1.46750. I also chose 50...
the price is standing at a strong area of resistance since Oct 2022 this area pushes the price each time very strongly. the second entry reason is that the price created this reversal head and shoulders pattern so we can enter a sell trade directly around the neckline
Eurgbp has been showing signs of low buying pressure so i gave gave you guys that trading idea yesterday 2 days ago and the rest is explained in the video lol enjoy
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USDCAD structure looks pretty amazing on higher and lower timeframes. really not much to say. everything is in the videos . hope you guys watch the whole thing and paying attention
As per the video I think EURCHF is at a good place with great RR to enter some short positions. For months the trend has been downwards and I'm hoping to catch that trend again down to the next point.
Thank you as always for watching my video. I hope you learned something educational today.
Thank you as always for watching my video. Please feel free to like, share, and comment on this post. It is always an honor and blessing to have you watch my videos!
This will be an excellent (and may I saw obvious) trade to look out for today. After a strong move post-earnings, we have already shown signs of buyer weakness at these levels. Today we are looking for that squeeze and proof of buy side tapering at the top of our yellow and blue tapered buying continuation channels. They line up perfectly and will be wedging with...
We could see a failure to reach new highs and all this left shoulder liquidity can be used to push us below (or at least retest) the key 453 level. From there, we have a massive gap to fill to the low $400. Prior to any short entries, however, I will for a retest of the top of our teal selling channel which will form our right shoulder - and with a lack of buying...
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See why I am preparing to short this stock, even after dropping over 50% of its value this past year.
on the higher time frame EURAUD had been in a overall correction stage and im looking to get into sell after i see a good opportunity. On the lower time frames EURAUD market behavior is moving to the upside in a very slow and consilidating manner like a bearish flag so this is making me feel seller will take control later on during the week for sells.
gbpaud is continuing to make a new low as the 4hr candle is at its last hour before closure. currently watching gbpaud to break 1.92 to continue selling off. *GBPAUD/SHORT
usdchf has been in a correction for weeks in a overall down trending market. since i understand the phases pf the market i know that after a correction comes an impluse so now ill be waiting on the impulse to the downside. *USDCHF short
gbpaud showing multiple signs that sellers are in control and im using euraud as correlation as evidence that gbpaud will continue to short. *GBPAUD SHORT
Im going to attach my analysis from last night to this thread but mainly i was only anticipating these euro currency pairs to go short. they were all high probability set ups with multiple confulences. now ill be waiting for shorts to continue throughout the week holding these trades. *eurgbp * Eurjpy * euraud