PropSignals

PropSignals

**Monthly Chart** Last month's candle closed Bullish suggesting the trend to continue moving higher towards testing MC level of Oct 2023 at around 90 level. **Weekly Chart** The Weekly Chart shows that USOil is in the long-term range between a High of 93 and a low of 68 levels. Last week candle also closed bullish suggesting a continuation of the bullish wave to...

PropSignals

**Monthly Chart** Last month's candle (Feb) closed as a pin candle (indecision) after sweeping all buy stops. This monthly candle (March) opened near the close of last month's candle and started moving higher towards retesting the historical high. **Weekly Chart** Last week we had a sharp move to the upside on 29th Feb 2024 as expected in my previous weekly...

PropSignals

**Monthly Chart** Last month candle closed inside a bullish candle suggesting a move to test the Monthly manipulation candle (MC). This looks a picture-perfect as the DXY chart. However, USDCAD is still moving within a range. On 12th Feb we had a good selling opportunity for 145 pips which hit our target price at 1.33734. **Weekly Chart** USDCAD paused near the...

PropSignals

**Monthly Chart** XAUUSD long-term bias is still Bullish. Last month's candle closed as a bearish candle. However, it has a long wick on the downside. This confirms a continued move to the upside. XAUUSD looks bullish to me until it breaks 2000 level and below. **Weekly Chart** XAUUSD long-term directional bias continues to be bullish after bouncing from 1985...

PropSignals

**Monthly Chart** Last month's candle closed as bullish but within the range of the previous monthly candle. This month (Feb 2024) started moving higher and then retraced to the liquidity pool of Nov 2023 and started moving lower. **Weekly Chart** Last week's candle closed bearish after the previous week's key reversal. This pattern provides a strong direction...

PropSignals

**Monthly Chart** Last month's candle closed as a bullish within the range of the previous swing. This month candle opened from the low and started approaching the high of the previous month. **Weekly Chart** Last week candle closed bullish and now moving towards equal weekly highs level around 80 levels. A strong reaction around this level is...

PropSignals

**Weekly Chart** After the Ring Low formation on 25th Dec 2023 weekly chart, the USDCAD moved higher creating bullish weekly candles for 6 consecutive weeks. This is a strong confirmation that Ring Low formation near demand zones plays a critical role in higher time frames. **Daily Chart** A similar Ring Low formation appeared on Daily Chart. USDCAD is still...

PropSignals

**Monthly Chart** Last month candle closed as a bullish candle after testing the equal low. This month's candle opened within the range of last month's candle and started moving higher only to test the high of the month and move lower. The next target on monthly is at 1.8000 a Key number. **Weekly Chart** Last week moved slightly higher just to test midway of...

PropSignals

**Monthly Chart** Last month closed as a manipulation candle suggesting a continued bearish movement. The next target is around the 0.62700 level. Any short-covering rallies will be a selling opportunity in lower time frames. **Weekly Chart** The directional Bias on the weekly timeframe is bearish, the pricing is making higher lows and lower lows as it moves...

PropSignals

**Monthly Chart** On the monthly chart, it has been moving in a narrow range for the last two months. In addition, Feb candle opened within the range and started moving lower after it tested the monthly high. All this suggests a move lower next week at least to test the liquidity candle low around 1.2200 level. **Weekly Chart** Last week candle also closed as...

PropSignals

**Monthly Chart** XAUUSD long-term bias is still high. Last month's candle closed as a bearish candle. However, it has a long wick on the downside. This confirms a continued move to the upside. XAUUSD looks bullish to me until it breaks 2000 level and below. While I am still looking for buying opportunity. **Weekly Chart** Last week XAUUSD started moving lower...

PropSignals

This is inline with last week, USDCAD didn’t have much of movement and consolidated near supply zone with additional MC created on the daily. Given that USDCAD is moving in consolidation range for the past two years. It provides an indication to look for selling the highs and buying the lows. Therefore, I am still looking to sell near the supply zone and buy near...

PropSignals

Monthly Chart There is an inverted Head and Shoulder pattern created on the monthly chart. This suggests that the trend has shifted and now moving higher. This also provides a directional bias to look for buys. Weekly Chart The inverted H&S pattern is much clearer on the weekly chart, plus there were additional low-risk entries created on the right shoulder and...

PropSignals

Similar analysis of last week and since the market didn't move much on higher time frames. The directional bias of AUDUSD still bearish. A new rally will be consider as a selling opportunity.

PropSignals

Following last week's analysis, I am now leaning towards the DXY moving higher to balance the high of IPA candle (14Nov2023) before starting moving lower. Last week candle closed as a small doji candle as it moved within a narrow range.

PropSignals

**Weekly Chart** Last week's candle created a strong liquidity pool after it bounced from the daily manipulation candle of the previous week and closed as a bearish candle. Given the strong movement, we should wait for the market to give us a confirmation on its next move so we can clearly define the direction. **Daily Chart** We are here having two scenarios...

PropSignals

**Monthly Chart** The long-term directional bias is still bullish. There were lots of rejections around 150 levels in Oct 2022 and then in Nov 2023 and the price is moving towards that target again. If the USDJPY is able to break that level then I will be looking for the price to reach 160 which was the swing high of the year 1990 (another historical level). In...

PropSignals

**Monthly chart** The monthly chart is on an upward trend. Last month's candle closed bullish after testing the previous month's low (Dec 2023). **Weekly Chart** Last week candle closed as a bullish candle after it swiped liquidity from the low. However, the price is also making lower lows on weekly and it now creating a new swing that might retrace lower...