Good Day Everyone Here's an idea on the USDCAD pair, currently trading at 38.2 Fibonacci level looking for continuation to the downside the pair is currently ranging in a descending triangle which coild signal continuation with the bears. if you took this one adjust SL to previous swing low and hold risk free..... Good luck and happy trading...
Good Day Everyone Here's an idea on the EURCAD pair looking at it from the 4H chart, the pair is currently trading in a pennant formation which might be signalling continuation to the base of the ascending channel but looking at the fundamental of both currencies looking for the EUR to gain some traction against the CAD but it could go either way so the signal...
Good Day Everyone here's a look at the EURJPY pair the just broke out of a descending channel pushed up the came down to retest structure looks like the bulls are in play at the moment pushing the pair up. looking for continuation to the upside on the pair a significant move to the upside and a shift in momentum in this regard would be a trigger of the signal...
Good Day Everyone Here's my idea on the S&P 500 looking at it from a 4H chart looking for continuation to the upside the index just retraced a bit ranging in a pennant formation currently which could signal continuation to the upside looking for significant moves to the upside... Good luck and happy trading...
Good Day Everyone Here's my idea on the DOLLAR INDEX, the index broke out of that ascending channel went up for a nice retest on the structure looking for the bears to come into play on the index lets see how it goes... Good luck and happy trading...
Good Day Everyone Here's a look at the XAUUSD looking for the ascending channel structure to hold on the metal, and continuation to the upside, if you took the previous gold trade adjust to break even and hold risk- free.. Good luck and happy trading...
Good Day Everyone Here's my idea on the NAS100 looking at it long terms if everything pans out we are looking at the formation of a H & S structure on NASDAQ significant moves to the down side would signal this move, if we see a significant rise with the bull trade will be canceled... Good luck and happy trading...
Good Day Everyone Here's a long idea on the CADJPY pair from the 4H chart looking for continuation to the upside as we just broke out of a descending channel pushed up now consolidating inside a symmetrical triangle structure looking for a break above the structure which will signal continuation to the upside. Good luck and happy trading...
Good Day Everyone Here's a look at the USDCHF pair from the 4H chart we broke out of a symmetrical triangle structure pushed up for a retest of this structure and we see a momentum shift to the downside gaining at the moment or upon close this pat week, looking for continuation of this move to the down side on the pair. Good luck and happy trading...
Good Day Everyone Here's a look at the USOIL from multiple time-frames MONTHLY * as we start with the monthly the usoil has been respecting the Fibonacci retracement structure thus far currently trading at 61.8% Fibonacci level looking for a rejection of this level then continuation to the upside but it looks like the bull are in play as momentum to the upside...
Good Day Everyone Here's a look at the USDJPY pair from multiple time frame perspective MONTHLY * On the monthly we are trading in a descending triangle pattern ranging within the structure no straight forward decisive direction on the pair we have a bearish candle forming as we continue ranging within the structure. WEEKLY * On the weekly the pair takes...
Good Day Everyone Here's an idea on the EURUSD pair a look at the pair from multiple timeframes. MONTHLY * On the monthly timeframe the pair went up and was rejected at 50% fibonacci retrancement level pushed down to bounce just below the 61.8 % fibonacci level currently the sentiment is still long on the monthly timeframe even though we pushed down a little...
Good Day Everyone Here's a long idea on XAUUSD, looking for continuation to the upside on gold many anticipate a correction so lets see how it goes with spot Gold. ______________________________________________________________________________________________________________________ RISK-MANAGEMENT...
waiting for a short term short before a longer term long
After a target hit in the previous analysis bears lost momentum allowing a retrace to a critical zone around 1.2500. Bears have regained strength as predicted leading the down trend to lower price levels. A critical target support zone can be established at 1.2200 where price should either consolidate or go into a reversal trend. A partial profit (Take profit 1)...
Triangle formation at 1D time frame. It is resisted three times to the long side along the trendline. It also supported two times the second time with a hammer at the bottom. I could possibly continue up to the bull side if we get one or preferably two more confirmations to enter. It could also retest and continue down to the main upward trendline, but again we...
EURJPY has formed a beautiful falling wedge continuation pattern. we will be expecting a retest as a Doji candle has previously formed, after that we expecting major impulses to the upside. Lets milk this pair.
Price is at support level and currently trading in a falling wedge creating a area confluence for a nice buy setup.