Hello trader we had got BULLISH ENGULFING Candlestick pattern on its support area it is very good opportunity for buying it is for swing trading. if you found my analysis is helpful for you please Like and Follow to motivate me, Thank you
we are looking for a long on CHFJPY, the reason for this is that we have seen consistent upward momentum on this pair alongside fundamental direction being to the upside with the JPY being the weakest currency for a few months now. at the moment we have seen a higher timeframe exhaustion and now buy pressure is coming back in, what we will wait for now is minor...
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on the daily timeframe here on EURJPY we can see that price has been moving to the upside for quite some time now and we have now a higher timeframe exhaustion. what we are looking for now is bullish pressure to come back in along side with entry confirmation for a trade to our next level of sell sensitivity. we will also keep our eye on fundamental direction to...
Hello guys
As you can see, it has a relatively good support and an almost strong resistance, and the reaction intensity has been high, and there is an uptrend line that intends to overcome the resistance. If the uptrend line is maintained and not broken, it can break the resistance. But if the resistance overcomes the trend line and causes the trend line to...
in this video i explain our EUR/JPY trade that is now at a risk free trade meaning that our stop loss is at entry. we know that the JPY is weak due to our fundamental direction and the EUR is strong so we always look for technical entries in the direction of fundamentals.
why do we always wait for price to break zones before placing our trades? because we know that we have multiple levels of buy and sell pressure in that zone so we have to wait for buyers or sellers to win in order to give us the direction of that currency. so if price breaks our weekly zone to the downside we can say that sellers have the power and then we can...
The prevailing trend is upward and compared to past and old data is much lower than its real value and can be expected to continue to climb, but the dollar index must also be examined.
Supports and resistances have already been drawn to which reactions are very clear and moving in a long-term uptrend channel.
After dealing with the support, it will probably...
Hello guys
Apparently it does not have the power to climb. Consecutive attempts to defeat the resistance and prove it were unsuccessful.
A long-term and strong trend line was broken and stabilized below it.
If the bearish engulf stick is also seen, the probability will increase. We can wait for the pattern to be seen and act.
We had the EUR inflation rate this morning and the EUR seems to have gained a lot of strength due to that, what we see on the EURNZD chart is that price is now breaking a 4h area of sell pressure so now we have free range to our next area of sell pressure which will be our daily zone. now what we will look for is exhaustion and entry confirmation to place a long...
Hello guys
As you can see it has reached a minor resistance to which it is apparently reacting
But we have to wait to see if it breaks the resistance and stabilizes above it, or if it wants to return to support, and we can also look at the dollar index.
If the resistance is broken and it is proven above it, a good position can be taken with its pullback, and...
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