Analysis: From the charts we're clearly able to tell that price is in a downwards trend, showing us that we want to be shorting this pair only. Last week we saw a break of this key level and we're now seeing that same level get retested for resistance and there is a good chance that this area will hold. For added confluence we have a long term downwards trendline...
Welcome back! Let me know your thoughts in the comments! ** AUDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Break and retest setup seems to be carrying over from Friday, lets see if bulls can make a nice push for a few Rs
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Ethereum just retest and already started the rejection away from a previous weekly resistance area which was turned support exactly at the $1750 level. You can also see that weekly market structure is still quite bullish, the next...
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hey Traders! 👋 For Day 20/100 of our challenge, we will look at GBPJPY upside potential this week. Technicals - Expecting a simple break and retest of 172.5 pivot zone - Aligns with support zone + 62% fib - Target is at 175 Fundamentals - Expecting GBP to gain some strength on the back of positive UK data and optimistic pricing in of BoE hikes - JPY to remain...
👋 Hey Traders! For Day 11 of our 100-day challenge, we're looking at XAUUSD/Gold downside risks. - Major support at 1980 was broken last week - Made a low at demand/support zone - And now we're retesting 1980 area as resistance We're looking to go short around this area if LTF gives clear sell signals. We're looking to re-target 1955 recent low. SL could be...
Short Aud bias as im currently long on GBPAUD. Chart is pretty self explanatory, mainly use Daily and 2hr for analysis and 15 min to clean up the entry. - Break and retest - moving average cross - fibonacci - Candle Stick formations
waiting for either a rejection of this level or break through to the down side & retest for continuation to the down side. I see more of a long position for this pair but we never know until price fully confirms through price action. patience is always a virtue. never rush a trade! follow for more updates.
Depletion of sellers in line with DXY falling, lets see if this minor structure holds for a consolidation breakout
break & retest on a higher time frame. I've looking at this trade since Friday & it may play out in our favor. We're looking for a strong bullish rejection candle off of the golden zones. via 50,61 fib. Once it gives the right confirmations, I will enter for a buy & take this trade up to my extensions. If we get that confirmation candle, enter from the 50 & place...
we're ultimately looking for a break & retest for those levels. I have more of a SELL bias via the chart analysis but we're not ruling out the buy option.
UJ is testing nicely and generating price action to match the setup. Lets see what happens
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Gold is about to retest its previous all-time-highs exactly at the TADAWUL:2080 from which we already had two previous bearish rejections away towards the downside. You can also see that weekly market structure is still massively...
EU, in line with weakening dollar seems to be retesting a key level. Lets see if it wants to continue pushing up to the fib extension zone
B&R setup identified in AU and meets the rest our our requirements so I will adapt to what market shows us and go for 2R, lets see if it plays out
In line with market strength, NU has broken structure and retested. Lets see if we can get 2R+
We missed the entries for short GU gartley, and USDCHF reversal setup buy, but still seem to be in time for AU, lets see market at least gives 1:2RR