Hello dear traders. Good days. U.S dollar Index , DXY several time get support from weekly Gann Square Fan trend line to prepare itself to broken important Gann square Arc resistance. But first time it rejected and also it loss Gann Fan trend line and retest . Price action says fell down to about 104.7 which is another lower Gann fan support line , but before...
EURUSD is under a strong bullish pressure after CPI release. The market violated a major horizontal supply area without any hesitation. Our next resistance is 1.092 It will most likely be the next goal for the buyers. ❤️Please, support my work with like, thank you!❤️
Daily/4h time frames analysis for Dollar Index. Trading plan explained. Important key levels. Price action analysis. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Here is my latest structure analysis for GBPUSD. Horizontal Key Levels Support 1: 1.2039 - 1.2110 area Resistance 1: 1.2390 - 1.2463 area Resistance 2: 1.2508 - 1.2580 area Vertical Structures Vertical Support 1: Falling trend line Vertical Support 2: Falling trend line The pair nicely respected a confluence point based on 2 falling trend lines. Doji...
Hi guys, this time i bring you all a Dollar analysis, where my direction is bearish if the yields really throw it down with the SMT Divergence, I'm bearish because we closed under the Weekly Inverted Fair Value Gap and also we have an OB which is really strong even though it has a lot of liquidity in the upper part, but still, im expecting to see DXY going after...
– Previous Daily candle closed Bullish around 1946.200 forming Daily Support around 1938.400. – Buys on close above 1949.400 targeting 1h Resistance formed around 1954.200, Leaving Runners to the Daily Resistance formed around 1958.400. – Sells on close below 1944.000 targeting Daily Support formed around 1938.400, Leaving Runners to the 1h Support formed around...
Hi guys, this time i bring you all a Dollar analysis, where my direction is bearish if the yields really throw it down with the SMT Divergence, I'm bearish because we closed under the Weekly Inverted Fair Value Gap and also we have an OB which is really strong even though it has a lot of liquidity in the upper part, but still, im expecting to see DXY going after...
A brown new daily demand zone is in control and it has weakening the daily supply zone i expect price to take out 1.06941 liquidity first before reaching 1.05247 level
#dxyindex formed a megaphone channel. What does this mean? This is bullish for the index aaand... bearish for all risky assets like stock markets, crypto, commodities etc. This process may take weeks, just saying beware. NOT FINANCIAL ADVICE.
– Previous Weekly candle closed strong Bearish at 1938.400, Friday Daily candle closed Bearish forming new Daily Resistance around 1958.600. – Buys on close above 1945.900 targeting 4h Resistance around 1953.600, Leaving Runners to the next 4h Resistance formed around 1959.300. – Sells on close below 1933.000 targeting 4h previous Resistance formed on 17th October...
Had a great breakout of the falling wedge that I called out in an earlier idea (I missed the trade as it happened sooner than I expected), but now I believe we'll fall back from resistance (we can see some rejection on the daily) before confirming the trend change higher. No real fundamentals for this, pure price action.
As expected our last week scenario (A) played out perfectly like we anticipated which was seeing a bullish reaction from the 4hr demand. For this week's bias we are still temporarily bearish with the dollar as it's approaching a clean 14hr supply zone. As soon as it gets tapped in I will be waiting for my lower time frame confirmation i.e. a Wyckoff distribution...
USDJPY is very close to a current daily high. To catch a pullback from the underlined red area, monitor a 4H time frame. I see a nice rising channel there. Its support breakout (4h candle close below) will give you a strong bearish confirmation. A bearish movement will be expected to 150.9 level then. Alternatively, a bullish breakout of the daily resistance...
After a test of an important intraday demand zone, USDCHF broke a resistance line of an expanding wedge pattern on a 4H time frame. A cup & handle pattern was formed then. The neckline of the pattern was broken during the middle of NY session yesterday. These 2 strong bullish confirmations make me think that the pair will go higher. Next resistance: 0.9068 ...
WTI oil is going to continue downtrend to 73.40$ this month. We will wait to test the level then review price moves. Follow To Get More Signals.
Not sure if this is the big short or not yet, but looking at price action it's been a jog up to this point, rather than a sprint, this tells me we're fine to short until at least the ascending dynamic trendline that reversed the last short. We have an engulfing candle on the 1 hour, followed by a long-body doji, so I think we're going to see a push down. If we...
USDCAD is testing an important intraday high. The price formed a tiny double top formation, approaching that. Its neckline breakout signifies a local change of character and strength of the sellers. I expect a pullback at least to 1.3775 ❤️Please, support my work with like, thank you!❤️
EURUSD is testing a peculiar confluence zone based on 382 fibonacci retracement of the last bullish impulse and a horizontal demand zone. The price formed a doji candle on that on a 4H and as a confirmation - a tiny double bottom on an hourly time frame. I expect a pullback now to 1.0700, 1.0717 ❤️Please, support my work with like, thank you!❤️