Hello There! Welcome to my analysis about CADJPY on the 6-hour timeframe perspectives. Within the recent times CADJPY is forming a important formation that is likely to convert into a major bearish breakout to emerge in the next upcoming times especially when huge bearish volumes move in here and accelerate the trend-turning-dynamics to the downside this is a...
Hello trader friends New Zealand dollar to US currency pair Considering the breaking of the dollar index, we can think about long transactions Due to the inclusion of the pivot in the 4-hour period, there is a possibility of a phase change from bearish to bullish in this currency pair. Therefore, according to the appropriate risk and reward, we can enter into...
Introduction: Attention, fellow traders! Brace yourselves for an exhilarating opportunity that has consistently delivering positive returns over the past six years. We are talking about none other than the almighty US dollar, which has proven its resilience time and time again. In this article, we will delve into the remarkable performance of the US dollar during...
Hello dear traders, The EUR/USD currency pair is in an upward channel on the daily timeframe. Given the areas of supply and demand, as well as the liquidity present at the green levels, trading in this area can be logical. The trigger for entering this trade is the breaking of the downtrend line, which is indicated by the purple color. This means that we are not...
Bounce back from monthly resistant line (green). heading way up to the crossing of both horizontal(blue) and vertical(green) monthly resistant line. 1.10 will be the key for EURUSD to set the direction either to go 1.20 or 1.00
XAU is making a divergence which will lead it to the current support level and that's the area of interest for buy.
Daily redistribution 1h TF schematics POI ---> IMB 30 min IC candle ---> 50% entry coming from wyckoff distro Target demand shown in the chart. RR: 1:8
Good day, traders. This week, we'll be keeping an eye on NZDUSD between 0.5882 and 0.5730 for bullish momentum. First take profit is in the 0.5990-0.602 zone, followed by TP 3 at 0.6130.Keep in mind that entry requires confirmation.
Good day, traders. We'll be keeping an eye on the CADCHF on a daily timescale for any potential breakouts and retests of the strong support zone at 0.6500 that might lead to the triggering of sell orders or rejection from the zone that could lead to the triggering of buy orders.
GBPNZD is trading in ascending channel but it seems like the buying stream is being limited. As the pair has started to form divergence as well. Currently the pair is hovering at local support zone but looks like sellers will take charge and continue to downside.
EURJPY has formed the bullish flag pattern. Currently the price is hovering around the channel and it seems like the price is ready to break the flag amid weaker JPY. what you guys think about it ?
AUDNZD is trading at strong sellers area. sellers are having multiple selling confluences in this area as there is rejection from long term bearish trendline as well as there is horizontal resistance level. Will the bears attack these area and push the price to even lower?
Hey guys hope you doing good. As we can see EURNOK MN demand is tested by the price and after all price just broke the descending TL on our entry time frames so its time to go long. Here we have got a very fine area to trade. Minimum we trade that as per its height. So good luck
EURUSD is trading in bearish expanding channel. As the price is heading lower the size of channel is expanding accordingly. currently the price has reached at very strong resistance area where the sellers show good strength in past. this resistance area is also coincide with 38% Fib retracement, which is also a good confluence for sellers to attack.
after taken liqudity of the buyside and change of character we will see a drop of the price we consider Supply zone an entry point - Trading is probability control your risk management Good luck
After taken liqudity of the buyside and change of character and break of structure we will see a drop of the price to taken liquidity of the sellside we consider FVG an entry point - Trading is probability control your risk management Good luck
NZDCAD is trading in bearish trend and respecting well the bearish trendline. Recently the price is retraced to 38% Fib, after bearish move. Now it seems like the pair is getting ready for another selloff. As it is showing good bearish signs from resistance area.
Here is a technical analysis on the 4-hour EUR/CHF chart. These are order blocks indicating points of interest. These should not be seen as immediate entry points. Confirmation on a lower timeframe is recommended.