Gold is currently reacting on a key level (1925) which has the Daily EMA-50, 4Hr EMA 200/50/20 on clusted there. The 4hr candle closing below these EMAs could spark a short to the next liquidity zone (1915). The 4Hr candle closing above the EMA-200/50/20 could spark buys to 1952 potentially but before the market will buy, i will expect some liquidity drops to...
The last week DXY movement fulfilled my idea which I predicted price to hit the key level at 105.8 For the past 13 -14 weeks, the DXY has been on an ascending trend from 99.23 to 105.756. The current resistance has been a key level since 1st December 2022. Price is currently reacting on a resistance trendline of the main ascending channel since 26th September...
Last Thursday's ECB Press conference lacked hawkish statements which weaken the currency to slide down the levels as majority of the ECB Board wanted a pause in the rate. The EURUSD has been on a descending channel since 17th July to date. Price is currently correcting after hitting the 1.06310 support level and it is expected to fulfil a Fibonacci retracement...
Last week's DXY index candle bullishly closed with a strong rejection with from the 104.643 support because all of the USD fundamentals (The CPI, Core PPI, Core Retail Sales, etc.) which occurred last week went to strengthen the dollar. The DXY is expected to consolidate between current level of 105.351 and 105.00 since there is not important fundamentals between...
Is CADJPY exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 109.30 followed by 108. What you guys think of it
SFPUSDT has given the breakout from long term declining trendline and about to start new bullish trend. As the market start to consistently printing new HHs and HLs. A retest of previous broken structure is due, if the market successfully sustain the retest it could be a nice buying option . what you people think of this idea ?
AUDUSD was trading in bullish parallel channel till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the ascending channel. Now the price is retesting the broken channel and broken support level. which is also the 50% fib retracement level. it seems like the sellers can attack again this bearish...
AUDJPY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be back to highs.
OPUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now the retest of the broken level is highly possible, which is also the Fib retracement level. If the sell momentum continues the next target could be 1.210 region. What you guys think of this idea.
FETUSDT is trading in fine bullish trend and maintaining well the bullish trendline. Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from pointed arrows on the chart. Currently the price is retracing to the inclining trendline and again it is being expected that the bulls are ready to attack. if bulls take the...
NZDJPY is in strong bullish trend. As the market is consistently printing new HHs and HLs, seems good buying opportunity. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high...
NAS100 is at very critical level. After the recent massive sell off the buyers are being reluctant to buy. But the price is also reached at inclining trendline, which is also the BC length of harmonics. It seems like harmonic may attempt to complete its final length CD. If CD length completes the realistic target for bulls could be 15600. What you guys think of...
Finally got another break above last week's h4 candle from 9-15-23. This should be a nice buy up to around the monthly highs from Oct/Nov 2022 but tp1 is always the safest. Be careful today with FOMC/Fed Interest Rate Decision. Enjoy!!!
OCEANUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.3400.
OCEANUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.3400.
Sell EURNZD Bearish Channel EURNZD - M30 Chart - Channel Formation, Its good chance to sell today. Thank you. FX:EURNZD
Sell CADJPY Channel Breakout Price breaks the Channel Pattern now, its good chance to sell Now, Thank you
CHFJPY is trading in descending channel and printing consistent LLs LHs. currently the price is facing resistance from channel trendline which is also a strong resistance zone. If the sell momentum continues the next target could be 164 region. What you guys think of this idea.