See how bears failed to push price down to support. This is our first indication that bulls are beginning to take control of this market.
Bulls did indeed take control and we've seen a breakout overnight of this range after some indecision at our key resistance level.
Where will price head next on this pair?
Interested in talking trading over the weekend? Why...
Market Update. Bears continue to take control of this market. We've tagged our HTF key level and we're seeing a bounce. We still may see USD lose some gains on the week during trading today. Be careful with the NFP data released today.
For our potential break and retest trade setup - we didn't find a retest for our entry. However, one may come next week if USD...
HTF - Bullish - Ascending Channel
Breaking levels to the upside consistently
Lets see if price falls to retest our top 4HR key level and bounces
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Happy Trading!
Price has rallied up to tag our long term resistance zone before bears have entered the market once again. Will we see a break of our ascending trendline? Price still trading inside our blue highlighted area bouncing between key levels in the market.
Bulls have grabbed a firm hold of this market as we approach long term targets at the top of our previous structure to complete the reversal.
We marked potential key levels on our bullish ascent. Price has found resistance at one of these levels. This level was a key level in previous structure - therefore we can expect price to respect this level on the...
Bears continue to take control of this market as price breaks to the downside. Could we see a retest of previous support before further movement to the downside?
We forecasted a break to the downside because it was in line with our HTF directional bias on the pair. For more - just drop me a private message!
Yet again we're predicting market moves before they happen.
Check the idea we posted on January 26th (Linked).
Price broke out to the downside, pulled back to test the bottom of our range and is now continuing its descent in line with our forecast.
Message me for more information! And please ask me any questions you have.
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Long term targets still the top of previous structure on this pair!
See how key levels in price are still respected even when price breaks that previous structure?
Any questions about this pair please don't hesitate to ask!
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GBP/USD still resides in our long term ascending channel. We've seen some choppy price movement over the last few days as price bounces in a 100 pip range. Will we see a a breakout to the downside and price reverse or an expansion to the upside for this pair?
We have seen our forecasted break of the key 4hr resistance level on this pair. We have predicted this for a long time now. As expected, it's a strong bullish break with CHF weakness through the London session.
Go back and check through my previous analysis on this pair!
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Good Morning Traders and welcome to a new trading week! I appreciate every single one of my followers and I really hope you enjoy my daily analysis!
On this pair we can see price trading in a range, potentially heading lower to test the support zone of our range. This week we could see a break to the downside in line with my longer term directional bias.
Any...
Break of structure, double bottom formation - bulls take over the market and break through range bound price. Simple analysis on this pair.
Watch for the blue key levels marked for turning points as we begin our ascent! Check out our two previous linked ideas!
Happy Trading!
On the daily we are in an ascending channel. Scale down and you'll find key levels on the 4hr. See how these key levels are being broken to the upside? This indicates bullish momentum in the markets and aligns with our longer term outlook on the pair.
The blue levels here are key levels in the market where price has gravitated to and bounced from more often than...
Price has closed for the trading week at our key resistance level. We are expecting to see further tests and a potential break to the upside next week.
Stay tuned for more analysis - and of course, any questions don't hesitate to direct message me. I will do my very best to get back to you!
Have a great weekend folks!
Check out our previous forecast on EUR/AUD. We can see price has broken our resistance level, retraced and tested the level as support before bouncing away.
We predict market moves before they happen.
Happy Trading. I'm around during the weekend if you want to send me a DM and we can have a chat about the markets!
We can see a break of descending structure, bears take over the market. Price finds support and is consolidating in this range. Where will see price go heading into next week?
Any questions? Just drop me a message.
Happy Trading and have a great weekend!
We predict market moves before they happen. On Monday we marked two levels identifying potential resistance zones after the break of structure. Price rallied up to our first marked level and we've seen bears enter the market.
DM me to find out more about how we forecasted this fall in price (CHF strength).
We've been bearish on this pair for some time now after a previous break of structure. Price retested the highs and tanking rapidly so far today.
If you want to learn about this analysis, using highs, lows and key structures just send me a message on TradingView.
Happy Trading guys!
