Very interesting price action, higher time frame bullish, this is a riskier setup as we are counter main trend with logic. Approaching the end of month, Price today has taken the previous day high and is showing some counter trend price action or weakness. If price hits TP, I will then continue to look for sell positions while the dollar gains strength. Price has...
from the previous trade idea on there is a SnR zone i didnt pay attention to cause it did not align with my fib level. price reacted with a bullish engulfing candle and to make sure we are not entering a premature trade we will enter with a counter trendline break and break of structure on 2hr. this does not invalidate the previous set up this is just a back up...
Bitcoin has reached our 38.4 target then went back down. with BTC CME reaching to 39K and having a gap we could see BTC goes around 38.2 for another retest and then collapsing to the downside. Thanks for watching
In comparison to USDCHF, EURCHF looks bullish to me. The price is trading within a wide horizontal range on a 4H. Testing its support, the pair formed a tiny cup & handle pattern and violated its neckline. I believe that the market will go to the resistance of the range - 0.9678 ❤️Please, support my work with like, thank you!❤️
Should be excepting a rejection at that resistance level. Get the sell opportunity before we can buy again at the next HL. H1 and H4 structure are still bullish, but once H1 structure is broken then we should be expecting that overall countertrend sell before we start looking again for that buy opportunity at the next HL ( possibly at that 61.8%).
↪️XAUUSD is currently examining a noteworthy horizontal resistance level of 2006. The response of the price to that zone will establish the next possible move for gold. A bullish breakout of this barrier and a daily candle closure above will validate a prolonged bullish continuation, with a very likely subsequent bullish surge. Alternatively, observe the...
“UBS Group agrees $3.25bn rescue deal for rival Credit Suisse” reads the headlines. Time for Switzerland to bring out the bunting? Or was this one deal UBS should really have said no, not interested. There are 10 days for the stock market to undo the largest bearish engulfing candle the monthly UBS Group chart has ever printed. Notwithstanding the candle the...
Unlike the other USD pairs this pair is being powered by a secondary which is the JPY of course we know we are in a bullish range here as we can see clearly from the swing high and swing low representation but we have to keep in mind even though bullish price action is probable we are getting very close to the 15O level which is the BOJ intervention level and we...
US dollar to the Swiss franc here showing us that the bearish price action is the overall movement that the market wants now last week we had a bullish range within the bearish order flow but overall the market has continued to go bearish as we come into this range we are looking for the swing low to form to validate our range we are then looking for the...
Gold is in a monstrously bullish range and we had two different bullish scenarios line up for us last week on this pet following into the week coming we are looking to target the swing high and continue this overall bullish directional move of course being aware that a pullback is probable so we will be looking towards the highlighted lows and the unmitigated POI...
nas 100 here showing us that we have another clear bullish directional bias move following out of last week we have one unmitigated POI sitting slightly lower down in our range but we are overall looking for bullishness to come either from the low that we have already liquidated or the area we have marked lower down which we are going to continue to look for...
Next up is euro to the US dollar this pair is also following the bias of British power to US dollar which is a very clear bullish push now we do have a swing low with an unmitigated POI but I will allow price to liquidate the lows that we have highlighted underneath our swing low for them possibly a shift higher but overall we are bullish on this pair until...
GBPUSD is flirting with the resistance zone, leaving the bulls wondering if another fall in this trading range is upon us this week. But is the dollar strong enough to take the British Pound into the ground? How do we trade this? The price is currently in a trading range between 1.20000 and 1.28000 and we're getting close to the resistance zone where the Weekly...
USDCAD closed a bear candle below its bull channel support last week, leaving the bulls to wonder if this is the beginning of the end! Will the US Dollar recover and bring us back into the bull channel? How do we trade this? We closed a candle below the bull channel, it's reasonable to be biased to short in the short term. The price may want to make contact...
EURUSD is pushing toward the resistance zone which gives the bulls some tingly senses to take profit and run the price back to the downside. Will the Dollar show strength this week and keep EURUSD from breaking resistance? How do we trade this? The price is currently in a trading range between 1.05000 and 1.10000 and we're getting close to the resistance zone...
USDJPY fell below the 30EMA to my previously predicted area of 147.100 then immediately bounced back to 150.000 only to stall and leave us wondering what the next move will be. How do we trade this? We're in a bull channel which should put us in a bias to long. But we have a double top reversal signal at a key level of resistance (the previous Weekly high of...
Dogecoin is currently sitting on Bull Channel Support, a moment we need to pay close attention to if we want to enter a trade and maximize our profits. If the price falls through, we should be looking to get short and a bounce means we ought to long. How do we trade this? If you're not in a trade right now, wait. We need to see not only a bull signal bar but...
🏃♂️The DXY index is moving in the 🟢 Support zone($103.78_$102.93) 🟢 near the SMA(200) and 1 00_SMA(Weekly) . 🕯If we want to look at the last three daily candles of the DXY index from the candlestick pattern, we can see the reversal patterns of Hammer and Morning Star very well. 💡Also, another sign that shows us the end of the downward trend of the DXY...