Following the previous idea on CADCHF(Linked) Price is now on a pull back on a bearish trend. With the head and shoulder a reversal has been confirmed. Now we just wait for price to enter the sell zone and continue with the trend.
Weekly time frame is in a downtrend. Daily TF is in an range( But price is on a pullback approaching resistance). The H4 has a high potential for QML. Waiting to go short at the sell zone where we assume the Right Shoulder will form.
Hope you are having a great week so far, This is how i'm currently looking at NZDJPY pair; Trading within support and resistance formation. Price broke structure within that S&R and has potential to trade lower. I'm currently waiting for a 1H bearish set up to go short. What's your thought on this pair?
Hey Everyone, Another fantastic day of catching pips from buying dips. As advised yesterday after hitting our target of 1940, that we will now need to see 1940 - 1945 break with EMA5 to confirm the next range above and Failure to break this level will see price head down to find support again. - This played out perfectly with price finding support at our...
Market has previously created a nice level where a possible bullish push could be generated. Also, inverted head and shoulder pattern could be printed if price action completes pattern from neckline. If price action is warranted this bullish push should run for 75-100 pips for a nice risk to reward.
Hey Everyone, Quick update on our 4H chart. As you can see this is playing our beautifully with price respecting the Goldturn ascending channel. We advised yesterday that price was challenging and hovering just below the half-line of the channel and that If the half line holds we will see movement down into the retracement zone for a challenge. - This played...
Hey Everyone, Another fantastic day for us with our last update yesterday highlighting 1940 being the last remaining target on this chart idea. This target was HIT today - BOOOOOM!! This also followed with a sharp tank down in price but once again found support at the identified retracement range, which provided support for another push up. We will now need to...
GBPUSD CHART ANALYSIS!!! Make sure you do your research and based on your confluence please look for the entry. Trade safe use proper risk management always.
I am looking recently on higher timeframes to secure the positions of short positions and think this is gonna happen in the next 2 days.
The price is approaching resistance zone in a corrective wave pattern, the bears are still in control but we expect bulls to takeover soon.
GBPJPY Setup bearish probability , as showing some weak buy stops fail liquidity .
Hey Everyone, Please see our 1H charts with updated Goldturn support and resistance levels and targets. We have also marked all the structured zones that will allow us to identify potential breakouts to the next zone and allow us to navigate this up and down level to level. We had EMA5 crossing above 1924 opening the upper levels, which one by one got hit....
Hey Everyone, Please see our updated daily chart setup and structure. PRE-LAST WEEKS UPDATE The daily chart remains very much Bullish with a candle body close above 1857 opening a gap target to 1879 only. However, if we see EMA5 follow through and cross and lock above 1857 then we will potentially see the full upper range open to the next resistance structure...
Hey Everyone, This is the weekly chart we have been tracking and following for our long-term targets and as you can see this is playing out perfectly. As highlighted last week, we got the EMA5 cross and lock above 1858 with our next target of 1928 HIT last week. The weekly candle failed to close above this level , which may now follow with some retracement but...
Hey Everyone, This is our Monthly setup that we have been tracking and trading for the last 4 months and as you can see this has played out perfectly hitting all our Bull targets like we projected. Please review the last 4 months update on this chart so you will be able to see how well this played out. We are now at strong resistance zone and although there is...
I look on the 1 day and 4h charts looking for som evidence of resitence and support in to commulative zones and find this i think this is pretty relatable in these days.
EURCAD CHART ANALYSIS!!! Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Trade safe use proper risk management always.
Hii its Lesedi, just wanted to share my thoughts on Gold, just a 16 year old boy trying to make it big, hope i would be able to enrich the community. ❤️✊🏿