Hello everyone, here is the top-down analysis for USDCAD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
first support is $16.50 we break then we go back down to $14.47. I am bullish still on JMIA. I have been buying more conracts. My PT is $18.60 & $23.60 once $18.60 breaks. I expect this stock to run up again before ER
Hello everyone, here is the top-down analysis for AUDCHF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
on DAILY: EURNZD is sitting around a strong support zone in blue so we will be looking for objective buy setups on lower timeframes. on H4: we are waiting for a new swing to form around our upper blue trendline to consider it valid and enter on its break upward. (long-term) on H1: we are waiting for a new swing to form around our upper red trendline to consider...
on DAILY: as expected, price rejected our blue support and traded higher, and it is now retesting our upper green resistance so we will be looking for objective sell setups on lower timeframes as price approaches it. on H4: we are currently holding a buy after a momentum break above the last swing that formed around our upper red trendline. on H1: this one is...
on H4: USDCAD is still sitting around support so we are waiting for momentum candle close above our green area to buy this one long-term on M30: we are currently holding a buy with our stop loss around breakeven.
on DAILY: GBPAUD is sitting around a strong support zone in green so we will be looking for objective buy setups on lower timeframes. on H1: GBPAUD is forming a symmetrical triangle in red but it is not valid yet so we are waiting for a new swing to form around our upper red trendline to consider it objective and enter on its break upward. we also have a regular...
on H4: CADCHF is overall bullish trading inside these two blue trendlines so we will be looking for objective buy setups on lower timeframes unless price breaks below our green support aggressively then we will sell this one long-term (if we have three confluences) on H1: CADCHF formed an objective channel in red so we are waiting for a momentum candle close...
on DAILY: EURCHF is sitting around support so we will be looking for objective buy setups on lower timeframes. on H1: EURCHF is forming a channel in red but it is not valid yet, so we are waiting for a third swing to form around our upper red trendline to consider it our last swing and then enter on its break upward. we also have a regular bullish divergence...
on WEEKLY: NZDJPY is sitting around a strong support zone in green so we will be looking for objective buy setups on lower timeframes. on H1: NZDJPY is forming a symmetrical triangle in red, so we are waiting for a momentum candle close above the last swing that forms around the upper red trendline to buy.
on H4: EURAUD is overall bearish trading inside our green channel and it is currently sitting around our upper green trendline so we will be looking for objective sell setups on lower timeframes. on M30: we are waiting for a new swing to form around our lower red trendline to consider it objective and enter on its break downward. on H4: we are waiting for a...
on H4: CADCHF is overall bullish and now sitting around our lower blue trendline so we will be looking for objective buy setups on lower timeframes on M30: CADCHF is trading inside a red channel but it is not valid yet, so we are waiting for a new swing to form around our upper red trendline to consider it objective and enter on its break upward.
on DAILY: EURJPY is still sitting around a support and demand area in blue so we are still looking for objective buy setups on lower timeframes. on M30: EURJPY is forming a channel in orange but it is not valid yet so we are waiting for a new swing to form around our upper orange trendline to consider it objective and then enter on its break upward.
on DAILY: GBPCHF is sitting around a support zone in blue so we will be looking for objective buy setups on lower timeframes. on M30: GBPCHF formed an objective trendline in red so we are waiting for a momentum candle close above its last swing to buy. we also have a regular bullish divergence adding more confluence to our buy setup.
The NZDCAD cross has created an interesting setup. The daily chart is showing a strong up move followed by a little pause. This Monday it opened down but went strong into UP direction. Checkout this trade idea.
on DAILY: EURJPY is approaching a demand zone and retesting our brown trendline so we will be looking for objective buy setups on lower timeframes. on M30: EURJPY is forming a trendline in red (not valid yet) so we are waiting for a third swing to form around it to consider it valid and then enter on its break upward. meanwhile, until the buy setup is activated,...