Reading price action, we can see that we are in a uptrend meaning we should be looking for long-term buying opportunities. Price has recently broken resistance and is testing as new support. If price closes with the current rejection candle, we can anticipate price to push higher. However, if we break support and the trend line, we will have to reevaluate price...
BULLISH IDEA WAITING FOR RETRACEMENT WITH PA.NO PA NO ENTRY .
sessional Tendency is bullish but cad fundamentally strong .and in monthly price make breakouts so I am looking selling opportunities
4hr Time Frame: Reading price we can see we are testing areas of support for the third time with a double bottom formation in confluence with long wick rejection. If price is able to hold, we can see bullish movement to 84.500 and if it breaks that we can see price reach 85.500. However, if price breaks support, we must reevaluate price action. Due to the...
4hr Time Frame: Price looks like it is ranging in this market and testing a strong support zone. Reading price we can see that we are getting signs of wick rejection at this area that has reacted multiple times in the past If price manages to hold we can anticipate longs to .86300. However, if price breaks support, we must reevaluate price action. Due to the...
4hr Time Frame: Reading price action we can see that we are on a long term down trend and a short term up trend that is looking like it is going to reverse. Price is testing a key psychological support and resistance zone in confluence with a rejection candle. If price holds below this zone, anticipate shorts down to 1.24000. However, if price breaks above, we...
6hr Time Frame: Price is on an overall down trend which means we should be looking for long-term selling positions. Price has broken support and is testing resistance with signs of rejection. If price holds below resistance, we can expect price to fall to 1.52500. However, if price breaks above, we must reevaluate price action. Due to the uncertainty of market...
12hr Time Frame: Price is on a long-term uptrend and has broken above previous areas of resistance as new support. At the same time, we can see price is creating an inverted head and shoulders formation in confluence with long wicks pointing to the downside. If price holds above this zone, we can anticipate longs to 1.40000 and potentially 1.417500. However, if...
Price make a fake hand & shoulder for trape the trader , beacuse seassioanl tendency in march till 20 price strongly weak and then go up.. now price make a lower low it may be total soap but cot and sessional indicate price go lower.
On the Monthly chart, we are trending up making HHs and HLs. Price is currently sitting at a Major Buy zone. We are rejecting the Monthly Supply & Demand zone as support now. Buy orders are waiting to get filled in. Our main bias will be Long for this one.
I'm looking to buy when Gold touches the weekly supply zone. Until then enjoy this short as it heads there. In the Chart below...price wicked twice into demand areas (Orange Circles) then shot up. Let's see if it does the same this week.
Reading price action, we can that EURGBP is on a long term down trend so we should be looking for long term shorting opportunities, we can also see we had a huge shift to the downside with a potential retest of new resistance. If price manages to hold below this zone, we can look to sell it down to .85750. However, if price breaks back above current resistance, we...
6hr Time Frame: Reading price action we can see EURUSD has shifted in momentum and has created higher swing lows in confluence with the break of the counter trend line and potential inverted head and shoulders. If price manages to hold above this zone, we can look for longs too 1.23000. If price breaks the current support zone, we must reevaluate price action. Due...
According to sessional tendency of EUR is bearish , and AUD bullish .so EURAUD MAY GO down. In price action price beautifully react previous ob. PA will make it high probability
Reading price action, we can see EURGBP had a huge shift in momentum to the downside, clearing .88000 key psychological support. If price pulls back and tests as new resistance in confluence with signs of rejection look to short this down to .87000 key psych. If price breaks above .88000, we must reevaluate price action. Due to the uncertainty of market fluidity,...
Reading price action, we can see USDCAD has been making a series of higher highs and lows. Price created a double bottom at 1.27500 key psychological and reacted however we failed to clear 1.28500. soon after price aggressively snapped back to 1.27500. If price breaks below, we will be looking for shorts down to 1.27000. If price manages to hold look for longs...
Daily Time Frame: Starting on the higher time frame we can see price has cleared strong areas of resistance and testing as new support. Reading the previous daily closure, we can see that price is reacting to 1.78750 key psychological support. 4hr Time Frame: Scaling down we can see price is testing support in confluence with the trend. If price manages to...
Looks like this pair is setting up another impulse move higher — it is building momentum right below the ATH — the further it goes sideways here, the better it is for bullish continuation projection. If the time factor is scaled at the highlighted rate, and if this scale happens to be correct, the target area should be hit by 22 of March 2021. If higher...