in our last analysis, we saw this pair breach our zone and go higher for a deeper retracement. According to our analysis, we refused to see the 1 hour zone as a reversal in itself but rather as forming a deeper retracement on the 4 hour timeframe. From our current analysis, it is clear that that was the intendment of the market. We have seen prices go all the way...
We are witnessing a strong bearish momentum on this pair. From the Monthly to the 1 hour charts, all the timeframes are bearish. Comign through from yesterday's analysis of this pair, we see how prices have continued to melt towards our 4 hour and 1 hour timeframe targets. From yesterday, we see how the market gave is a nice dip that went to hit our liquidity...
We have been bearish on this pair since last week, when we started sharing our analysis actively. Yesterday, we caught the trade from the top and were able to watch it progress to where it stands currently. You missed the trade entry yesterday. That's ok. Because right now, you have a chance at joining the trend. With the market making a pullback into our PB and...
The Watchlist for the US day ahead. Bit of a minefield today so probably staying out, but here is a snapshot of the market for you all.
I am leaning bullish on the US dollar from all sides and in this video, I explain why. However, its Fed day, and I'm not going to try and second guess the market. Instead, I prefer to sit on the side lines UNLESS there is a no-brainer 90/10 trade set up. Let's see what we get!
On this pair, we see bullishness across multiple timeframes. Market is bullish on the Monthly chart, all the way down to the 1-hour chart. On the 1-hour chart, we see the market has just made a new high with 6 PBs up. We are expecting the price to retrace bearish into the PB, come into our refined zone, and from there we will watch out for bullish reversals to...
So yes we missed the previous swing. Not because our analysis were wrong, but rather because of our refinement of the PB to a much smaller zone. No need to reflect on it or worry about it for too long. It is gone. Let it go. So we move our focus to the next swing. The market is setting up for the next swing. We have a new PB and we are getting ready to jump on...
The USDJPY has maintained its bullish momentum from the past few weeks. Last week, we witnessed this pair come with a deep to take out zone, create an impression of a bearish reversal, and then continue or resume its bullish trend. These are fakeouts, and they are very common occurrences in the market price movements. On the daily, 4-hour, and 1-hour timeframes,...
This pair has again witnessed another long spike. A second spike in about 3 weeks. With this spike, a lot of traders are likely to get confused about the next direction in which the market is expected to go. So let's give it a try. Before the spike, we witnessed how prices rallied in a systematic manner. This rally was strong enough to turn the 4 hour the 1 hour...
Borrowing from our previous analysis, we saw how the market went all the way bullish to hit our liquidity target. After doing that, it gave us more bullish setups and trading opportunities, all of which played out. Today, we are on the 1-hour chart again, and we are looking to predict market direction. The market is currently in an uptrend, with 6 PBs to the...
With the previous Bullish swing completed, it is time to look on to the next. The market has given us a new PB, an area to trade from. From the PB, we have made an attempt to refine it to get our zone within 1 hour. With our zone clearly marked out as seen on the chart, we anticipate price dipping into the zone, and from there we will be looking to trade. The...
A quick re-cap of where we have come from and how long we have followed the analysis on this pair. The market is Bearish and is currently in a bearish PB. After the bearish impulse, the market has continued to push bullish to give us a retracement. From our earlier analysis, we saw the market dip to make a low, and we had established that from that point on, we...
This pair is bearish on the 1 hour and the 4 hour. We choose to limit ourselves to just the 4 and 1 hour charts for now; those are the charts we will be considering the most when taking our trades. On the 4-hour, we found a bearish push last week, and we were able to catch a bearish trade. We have held on to that position till now, believing that the market still...
So finally, we have come to the end of the 1-hour bearish trend that was based on the 4-hour bearish swing. Remember that our trading Bearish was a counter trade in light of the 1 hour. Even though we were stopped out on that trade, I am sure we have all learned a very important lesson: always listen to the trend and go in its direction. Recall that the 1-hour was...
Take a look at AUDUSD. The pair is trading in a bearish trend. The price sets new lower highs, respecting a falling trend line on a daily. After its last test, the price formed a double top formation on that on an hourly time frame. Its neckline breakout leaves a strong bearish intraday clue. I expect a bearish movement to 0.6345 / 0.6335 ❤️Please, support...
– Previous Daily candle closed Bearish around 1983.800 respecting Daily Resistance formed on Monday, October Monthly candle closed extremely Bullish breaking and closed above Monthly Resistance formed in August 2023 closing just below Monthly Resistance formed in May 2023, Forming Strong Monthly Support around 1848.000 – Buys on close above 1987.000 targeting 1h...
✅EUR_USD is about to retest a key structure level of 1.0655 Which implies a high likelihood of a move down As some market participants will be taking profit from long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a...
I see a rounding bottom forming since 1987!!!, Japan is in big trouble if this pulls off. We are trading at an important resistance 151 level. Probably we see a pull back to the 145-146 level and then the pair may try a massive break out. I don't know what to think about this, we could see a big shift in the world economy in the near future.