USDWTI H4 Seen a couple of short opportunities here, but nothing near as much as we would like, 1.1R and 1.3R respectively. Whilst we are trading south of $102... we are still looking for some short setups. Really good week on this pair last week, the lower timeframes can offer great entries and high rewards.
OANDA:USDCAD In this video I take a look at the USDCAD trade from yesterday and the profit objectives. Why I took profit and the next entry level. If you like it give me a thumbs up or add your own thoughts in the comments section below. I hopr this helps. Enjoy the day. 👍👍
Today we look at the FX:USDCAD as it is setting real nice with patterns, FIB levels and AI all coming together. Firstly the Gartley pattern that started early April and looks to be completing today @ the 78.6% level of 1.2461. This turn zone is between 1.2461 127% ext and 1.2450 1.618% ext of the last move which is the final wave 5. This is the first...
GBPUSD H4 This played out like poetry yesterday for us, from the 1.30 initial entry, to the break and retest of 1.30400. Perfect play with very little drawdown. Expecting a similar move hopefully today on this 1.30700 resistance/support price. From here we have a nice 700 pip void we can look to fill.
AUDCHF H4 If we can't manage to break through this resistance price of 0.70650, we may see corrections back down towards that 0.70 whole number. We have marked entries and parameters for this setup if this is the case.
Multiple time frame analysis on NZDUSD. Price action, key level and directional bias. Trading plan for this week. ❤️Please, support this idea with like and comment!❤️
Daily: Bullish, having made a move to the upside with a vast amount of momentum. price has pulled back, consolidated and moved back to the upside. Broken structure along the way. 4H, Price has broken out of a channel to the upside, formed a new High and retraced further. price has reacted off the 50% Fib level. 1H: Looking for buy only once it break through and...
This week we spotted a bearish breakout of a key level on EURCHF pair. I was patiently waiting for a retest of the broken structure to look for shorting opportunities. Today I finally spotted one. The price formed a double top formation with a lower high on an hourly time frame. Its neckline breakout confirms a coming bearish move. Initial target - 1.01 ...
GBPJPY trades lower on the weak Pound sterling. Technicals: On the lower side, immediate support is around 161.40, It is good to sell on rallies around 161.80-85 SL 162.35 TP of 160.
USDCAD is retesting a major broken trend line. On that, the price is currently consolidating. To short the pair with a confirmation you need a bearish breakout of 1.2566 - 1.2577 minor support. Its violation will trigger a bearish continuation. Goals will be 1.254 / 1.251 If the price breaks the trend line to the upside, the setup will be invalid. ...
On the H1 timeframe, Stochastic is bouncing from support which indicates opportunity for a bullish bounce. This presents an opportunity for a bullish play at 0.94030 level, in line with Fibonacci confluence and graphical support.
NZDCHF is trading in a bullish trend since the beginning of the year. After the price set a new high around 0.6515 level, the market retraced to key structure support. On that, I spotted a double bottom formation on 4H. To buy the market with a confirmation, let the price break 0.642 - 0.6436 its horizontal neckline. You need 4H candle close above that to...
Dollar index is trading within a wide horizontal trading range. Yesterday, the price reached its support. Then the price was coiling within a narrow horizontal range on an hourly time frame. Its resistance breakout will most likely trigger a bullish continuation. Initial target will be 98.39 ❤️Please, support this idea with like and comment!❤️
GBPAUD looks oversold to me. The pair reached a key daily structure support and formed a double bottom formation on that on an hourly time frame. I expect a pullback to 1.756 / 1.762 levels. ❤️Please, support this idea with like and comment!❤️
EURCAD is retesting strong daily structure support. Analyzing the reaction of the price to that structure on intraday time frames I spotted a bullish breakout of a falling wedge pattern. Now I expect a pullback to 1.385 / 1.389 levels. ❤️Please, support this idea with like and comment!❤️
AUDJPY reached a key weekly structure resistance. On that, the price formed a double top formation. It looks like now we may expect a correctional movement. Goal - 89.1 ❤️Please, support this idea with like and comment!❤️
AUDUSD has just hit the 78.6% Fib level also completing a Gartley. This is where you get the low risk trades with great risk/reward. I traded the C-D leg down as this was a completed smaller Gartley pattern. Now the plan is to either go long to the 0.7280-0.7300 area which would set up a 135 Pattern to sell or we are heading back up to 0.7500 completion of...
USDCAD is consolidating within a narrow horizontal trading range on an hourly time frame. To buy the pair with a confirmation wait for a bullish breakout of the resistance of the range. You need an hourly candle close above that to confirm the breakout. They buy aggressively or on a retest. Your goal will be 1.2668 In case the price breaks the support of the...