NY Trade on $USDJPY #trading #forex #priceaction Pure price action, looking to SELL $USDJPY on the break of that support and resistance zone. Clear and Simple. Cheers, G.
Hello Traders! Today, we'll be taking a look at GBPUSD and analyzing whether a possible sell opportunity could be on the horizon. Firstly, we have a strong resistance level located near 1.2400 which has held up well in the past, indicating that it could be a key level for price action to react to. Additionally, there is a possible AB=CD pattern that could...
Hey Traders! Welcome to this analysis of EURUSD. The EURUSD pair is at resistance, it means that it's hard for the market to go up further. There's also a pattern that looks like two mountain tops on a chart, and this can be a sign that the market might go down soon, a Doji candle which means that the market is not sure what to do. This might be a good time to...
Pretty clear analysis on DXY. Rising wedge formation to falling wedge formation, forming a Gartley based on some basics fibs. Pretty much a clear indication of where the price may probably go. Inevitably pushing the price in the opposite direction for BTCUSDT. Be interesting to see if the B, the bottom holds. Seems a bullish Gartley. C time wise is more 1st week...
Hello traders! Today, we'll be looking at the EURUSD pair and a possible sell opportunity. As mentioned, we have a supply zone on the 4-hour chart where the market previously dropped twice, and trades failed to push the market further. Additionally, we have a bearish harmonic Bat pattern completing near the structure supply zone. This confluence of factors...
Welcome, traders! the USDCAD pair is showing signs of a potential bullish bat pattern forming near a strong demand zone at 1.35500. In this analysis, we will take a closer look at the current market conditions, the possible entry points, and the potential risks and rewards of trading this setup. Current Market Conditions The USDCAD pair has been trading in a...
Hello traders, Looking at the chart, we can see a possible double top formation near the extreme market resistance level of around 1.2200. This level has been a strong resistance in the past, with the market getting rejected multiple times before. It's important to keep in mind the recent bank crisis and developments. While it may be over calmer now, it's always...
Welcome traders! The USDJPY has been trending down and is currently going to test a strong support area near 129.00. This important key level is further supported by trendline support, indicating that a bullish bat pattern could be completed soon. The bullish bat pattern provides a great opportunity for traders to enter the market with a buy order. When...
Hey traders, Let's take a look at NZDUSD. There's a simple classic bullish head and shoulder pattern that could break soon, giving us a reason to buy and target the next level of resistance. To enter this setup, we could wait for a breakout above the neckline of the pattern and look for a retest of the breakout level for a possible entry. Keep in mind that...
3 profit-taking levels at the 0.5, 0.618, 0.786 Fibonaccis. Would be best to open long on/if the backtest of point D.
Gold may form a harmonic pattern with a negative divergence in H4 and H1. After that, by breaking the line, it has a downward trend 1945-1955 is an important area.
BINANCE:BTCUSDT There could be a bearish Butterfly at the top here making it the top for the week....Maybe. Who knows? Speculating. I believe this move is way too over extended with probably a a lot of divergences on RSI etc. If its real, it will be quick. Butterfly's are a sign of tops I've noticed in BTC. Thanks
COINBASE:BTCUSD Bearish Crab up there at 7.5k. Potential short chance up here
Welcome Traders! Let's dive into an in-depth analysis of GOLD and explore a possible SELL setup. we have a beautiful key market supply zone near a strong market level of $1950. This zone has previously acted as resistance as the market dropped from here a sizable 7.88%, making it a significant area to watch. To enter this setup, we can look for a potential...
Hello Traders Looking at the AUDUSD chart, we can see that there is a significant trendline resistance which has now turned into support after the market formed a double bottom and broke the trend line. While some might mistake this for a flag pattern and consider taking the short side, the double-bottom formation suggests otherwise, and we could potentially see...
BINANCE:BTCUSDT Potential Bearish Bat on the 30min. This might fail and break higher. This could set up for a Deep Crab later where PRZ is higher in the 27k levels
Hello Traders! When looking at the EURUSD chart, we can see that there is a demand zone inside a beautiful long candle wick on the 4-hour timeframe. This demand zone is lining up with a strong trend line support level near 1.05500, which makes it a possible buy opportunity. To enter this setup, we can wait for a confirmation on a lower timeframe, such as the...
A bearish-type Butterfly pattern occurred. If the price rises to 22.862, a bearish-type DeepCrab pattern could occur. Also on the daily chart, bearish-type BlackSwan pattern is occurring. Short after seeing the rebound. *Harmonic patterns are automatically detected using the indicators below. - Harmonic auto-detect PRO