Time Frame: 4H Symbol: USDCHF Entry: 0.99442 TP: 1.01818 SL: 0.97503 Bias: Long The study of price oscillation and movement of this instrument insinuate a strong long bias. The dollar is getting stronger against other instruments creating new records. So we are aligning our goal to catapult some pips from the current trading context.
Gold had finally hauled itself up a bit higher into the orange zone between $1868 and $1919 only to drop back out. However, we expect it to gather all its strength to make it into the orange zone again and subsequently towards the resistance line at $1921, where it should finish wave b in orange. Then, gold should fall below the support at $1830 and continue the...
Analysis of #NZDUSD Similar to my analysis of AUDUSD minutes ago, The Market here also might be coming to test its structural support level near 0.6220-0.6240 where the market witnessed huge demand and rallied big to the upside. if the market comes and tests its lows and provides me a reversal pattern inside the zone with confirmation then I will consider a...
Analysis of #EURUSD The EURUSD will soon reach its resistance trend line near a strong key price of 1.08000. if the market tests my resistance level near 1.0800 and provided me a reversal pattern on the lower time frame I will then look for a sell entry. if not, I will then look for a sell near 1.0900 also a strong structure resistance level and a good level...
Analysis of #GBPUSD the GBPUSD is getting squeezed between trend line support and resistance and trader are not able to push the market further to the upside as you can see the highs are getting shorter and shorter, however, this is not enough to get in a short trade just right now. I am waiting for a break of trendline support and a close below the minor...
Analysis of #EURUSD the EURUSD is near its trend line resistance also 1.0800 key level we can expect the market to show some bearish action here but, I need to see to reversal pattern near the structure resistance level before considering sell entry. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to...
Analysis of #USDCAD While the Oil keeps on rising we can expect the CAd to strengthen against the dollar and I am expecting further downside. if the market comes and tests my structure support zone near 1.2500-1.2480 strong demand zone I will drop a one-time frame looking for the market to show bullish action before getting in a buy...
Analysis of #GBPYSD Similar to my EURUSD analysis a few moments ago, the GBPUSD is near its trend line resistance also 1.2600 critical resistance level, waiting for the market to test my resistance level, and look for a reversal pattern before entering a short trade ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 |...
Analysis of #USDCAD following up on my previous USDCAD I am still waiting and expecting the market to test the lows only then i might consider a buy near 1.2490-1.2450 if the rules for entry are met ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for...
Analysis of #GBPCHF GBPCHF might be coming to test its structural support level near 1.200 which will represent an interesting level to start looking for a buy entry if the market provides a valid entry with reasonable risk to reward ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you...
See a popular pattern in the chart and function correctly. We are watching for the right opportunity. thanks. Hamid Fathi
Contrary to my normal technical analysis, I've added common Moving Averages used by Hedge Funds on the Daily Chart. Price is clearly below all of them, with a strong break below the most recent Support Zone, which I've labeled "Current Resistance". My previous analysis notated that Zone as a possible support level, which we have now clearly broken through....
#NVDA - Tech has started selling off after last week's CPI report. NVDA below 167 can see 165, 163, 160 next. I wouldn't consider calls here until back above 176. #Chartanalysis #Watchlist
This is a great example of an H&S pattern and even though I could've entered after the neckline had been broken I prefer to wait for the first pullback to give myself a better RR Ratio. Price has also reacted consistently to Fibonacci Levels, which lets us predict pretty accurately where the pullback will top. Hope this analysis was somehow helpful, have a good...
Hello traders, here is my analysis for ETHUSD. - If you read my post yesterday, I mentioned that today was a very important day for the markets being as the CPI data was scheduled to be released today. - This morning we got that data... it was not good news for the markets. - Basically inflation increased and was worse than expected. BTC held up very well...
Time Frame: 4H Symbol: GBPUSD Entry: 1.23379 TP: 1.21836 SL: 1.24898 Bias: Short This instrument also can go further down creating a new short opportunity. We expect a short trade from the current price context.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007469 TP: 0.007264 SL: 0.007623 Bias: Short The pair is bearish . If we think about going short for a week or two ,this pair can be a good candidate. But for a short term trading, it is not a good choice.
Time Frame: 4H Symbol: EURUSD Entry: 1.05498 TP: 1.03325 SL: 1.07220 Bias: Short For this instrument our bias is short. The pair may move further down before any strong pull back.