Strength in CAD more fall for AUD accross most pairs this next Month, new lows
On 3H timeframe: - Bullish trend - Parallel channel formed and broken - Decrement in volume from HH2 to HH5 - Breakout candle with volume but less volume than the one moving back to the upside bars after - Yellow Line acts as support line with significant reactivity from previous observed price action. On 15Min timeframe: - Reaction to demand on HL2, where volume...
Hi everyone! -So the price on USD/JPY is telling us that we are currently in a bullish trend. -USD/JPY have liquidity and imbalances below him so its the most probability that the price is going to grab them before moving up. -Keep that in mind that not every huge poi will hold some of them will hold some of them will not but always ask yourself why did that...
Hey Traders, It's important to note when PA levels give direction. This is something I went over briefly on my stream this London AM session. You can then use this information for future trades because markets tend to repeat over time continuously (buyers and sellers in and out at specific areas for better prices) Watch for more.
Hey Traders, The latest moves in AUDJPY via the weekly chart have showed downwards trending / price channels. That means you can trade naturally. Watch to learn how.
Hello everyone ✌ 🔱The possible trend is indicated on the chart. The desired correction targets are the range of 1943 / 1958. ❎ (DYOR)...⚠⚜ What do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
Hey Traders, Introducing BluetonaFX A warm welcome to all the traders out there using this platform. Although we are new to TradingView, BluetonaFX is a professional group of traders who have over 15 years of experience in FX trading beginning in 2008, the year that heralded the second significant paradigm shift for retail traders after 1996 when retail traders...
USDCAD is trading in a bearish trend on a daily. The price is currently testing a key horizontal resistance. Approaching that, the price formed a head & shoulders pattern on 1H time frame. 1.3522 - 1.353 is its neckline. To short with a confirmation, wait for its bearish breakout (1H candle close below that). Sell aggressively or on a retest then. Goals will...
The Current Market For AUDUSD Is Sideways And Slow. That is because it lacks sentiment and direction and has died. It becomes an advanced scalper market for day traders (if that is you).. Otherwise It is not your job to take large sizes when there is 0 sentiment because you are bored. Let sentiment move in and take you to key PA levels. Then trade.
Nobody needs to be 100% Right to make money. After all, you'll never pinpoint pick prices to the .cent. It's just not how things work. You need to spread yourself out and achieve good prices. That's because ultimately, people liquidate longs and the market slides. Be Ready and use DCA properly.
-Huge Demand zone on XAU/USD can correct the trend and continuous to shift bullish. -Gold have a lot of liquidity and imbalance below him so that will be the most optimal thing to grab before moving up -Keep that in mind that this poi can be respected or it cant be I am saying that because smc cant always work there is no 100% strategy in Forex market, there is...
The USD is ranging in the near term but could easily move down into lows which would be supportive of Spot Gold and other USD denominated assets.
This is how I’m viewing this pair, currently waiting for a breakout to the downside to take a short. What’s your thought on this pair?
Hey Traders, As you will now know from following my posts / Vids.... Markets naturally oscillate. Buyers-Sellers-Buyers-Sellers-Buyers-Sellers A flow of power from one to the other... Trade the SAME way.
Hey Traders, As the EURUSD rebounds from lows circa .95 and extends Leg 2 we can look to scale in short. This comes at key tech zones and inline with natural market value and Market News/Sentiment. Watch for full explanation and do ask if you have Qs.
Well Pre Stream This AM... We can check over a long term view of an FX pair. That's because you can't see significant long term PA on lower TFS. Notice how you must look back years to the left for Candlewicks... It's OK to do this, do not glue yourself to one TF always.
The EUR/USD currency pair has been encountering challenges in its attempt to reach new highs, ever since it hit the price of 1.1080 last week. Currently, the price has undergone a slight pullback, having retraced on the 61.8% Fibonacci level. In today's London session, the price has opened with a downward push, indicating that it may retouch the Fibo level once...
Hey Traders, Pre Claimant Count Tomorrow we can look for short zones on further impulse moves. We are looking for news to aid us in our quest for volatility not as a mechanism for guessing where volatility will take price. This comes Circa 1.266 area as we move to KEY MAs and previous PA zones. Do not be one of those traders who believes that price cannot go...