Curve forming. This curve so far has an upward and downward curve. I am looking for double tops and double bottom before a trade is placed.
buy and sell. sell off of the counter trend line of the uptrend to the expected double bottom of the curved flag bottom for the buy.
Here is a buy and sell setup. Sell off of the counter trend line of the uptrend to the expected curved double bottom for a buy.
My overall analysis on XAUUSD. Gold is respecting zones perfectly. I am waiting for price to remain bullish, range, then drop (bearish). Did both buy and sell setups just incase of what occurs at the inauguration tomorrow. If price breaks structure (purple line), I will look for buys. If price breaks rectangle box, and also green line(1863.61), I will WAIT...
Patiently waiting to see what price will do for USDCAD. Placed both buys and sell setups to see what price will accumulate. I am hoping for a price towards the downside, then towards the upside. However, if price breaks trendline (pink line), I am looking for buys. In addition, if price breaks past the box (supply & demand), I would enter the buy at 1.23878....
AUDUSD currently unsure of where price is heading towards on the 4h chart . A good thing to note is the pair has finally broken out of a huge buy movement and started to consolidate as we see now. Not really showing signs of a sell or buy trend overall on the daily/weekly. When price breaks out of the structure, we'll look to trade in that direction
This is an uptrend with an expanding flag. Many times these fat expanding flags lead to Head and shoulders patterns. I have marked the possible shoulder and head location. There are 3 major trend lines lines running below the pattern. We have a broken counter trend lines that is being retested lower and lower. When we have expanding flag we should almost always...
USDJPY is currently in a triangle flagpole pattern on both the 4HR and the 1HR Timeframe. Waiting for it to break the pattern. I placed both buy & sell setups if it breaks to either the upside or the downside. USDJPY Market Structure is in a downtrend on the Daily timeframe so I'm looking for sell entries. REMINDER: ALWAYS TAKE PROFIT/PARTIAL PROFIT AT TP1....
Sterling is still displaying a degree of resilience on BoE rate recalibration grounds due to Governor Bailey’s NIRP push-back yesterday, but also on a slightly more positive note from UK PM Johnson who claims to see signs that national lockdown is stemming the pandemic spread. Cable has rejected 1.3700 again, but bounced from sub-1.3650 lows after a temporary...
This analysis provides both buy & sell positions. Red text boxes is for sell setups. Blue text boxes are for buy setups. REMINDER: I use Supply and Demand strategy (order block!). Support and Resistance I use as my TPS & SL. Always take profits/partial profits at TP1. After retracement, if price breaks and/or rejects support & resistance levels, prepare for...
So far GJ is consolidating in New York session. No trades will be made, just mind trading!
Based on my analysis and theory, GBPUSD will be short for short-term You can see the resistance level that put GU fall to around 1.354 support area and once it breakout the support area then it will fall more further to around 1.344 support area before we see GU going back up. This is my personal view Trade at your own risk. - Give thumb up and follow for more...
The volatility in the market right now can be very intimidating for new traders or even experienced traders with years experience. This market hands money from the impatient and moves it directly to the patient. If your mind doesn't see the trade setup in the first 30 seconds you're probably forcing a bias. Plan your trades and trade your plans. I'll be...
GOLD is rangebound for now watch zones for trades. chances are high that the market reacts to them always watch these zones (even market breaks them or restest or reversal will happen also add confluence for trade). for now, keep watching these zones. AND HAPPY NEW YEAR 2021 :)
Stellar !!! As you can see, it is very likely that Stellar has completed its Wave 5 and is at the beginning of the correction. If this scenario occurs, the probability of a price reduction to 0.27 is very high, and after the price reaches 0.27 and the start of a new uptrend, a profitable trade can be started on Stellar. I hope you like this analysis. Please...
GBPAUD trade forecast. After the strong push down to our selling target, we have seen the pair look to have come exhausted. Now we can see the start of a potential bullish market after a level of support has begun to form.
strong trend if break trend line than go short