Hello everyone: Hope everyone is having a good weekend and is preparing for the next week. I will be starting to do these weekly trade recap videos on a weekly basis starting in 2021 January, and want to hear feedback from everyone in the community on this style of educated information. Let me know what you think of these types of contents and formats...
#EURUSD: (1D): Recently, we saw an explosive break to the upside, which followed the long period of sideways consolidation. As the main trend is bullish since May, i'm still looking for bullish opportunities only (confirmed by market structure and price > 200 EMA) (4H): A closer look reveals what triggered the explosive breakout, namely an ascending triangle,...
Hello traders: Looking at AUDNZD for reversal price action from the previous swing lows. We see price has been in this fallen wedge structure, correcting itself down. We finally see price is attempting to breakout the wedge, and signs of bullish momentum coming in. I would like to wait for a complete breakout, follow by a continuation correction on the LTF...
Hi traders: NZFCHF finally showed us the LTF reversal price action that I have been waiting for all these weeks. Price formed this ascending channel correcting the price up to the double tops area, and a short period of consolidations. Then quick move on the LTF as we see price dropping. Now it seems like we can get that continuation sell, if a correction...
Hello traders: EUIRNZD has made its bullish push to the upside from the previous descending channel structure. WE have a confirmed breakout from the bottom, and a strong bullish impulse move follow by a small correction. This was the first buy opportunities. Latest price action is consolidating, forming another correction after the strong push up. Good...
Hi traders: Similar like EURNZD for more scale in entries opportunities. Here on EURAUD, we see price has hit the previous lows, and double bottoms confirmed with this channel like structure. We see LTF had its bullish price action to push up the price out of the reversal channel, good sign for further bullish momentum. I would wait for this current...
Hi everyone: NZDCAD has finally broke down from this long term ascending channel structure that I have been patiently waiting for. We know that when price is corrective, the price likely to move up and down for a period of time. This first bearish impulse can be the start of the next bearish trend. I would now wait for a clean, LTF continuation correction to...
Hello traders: Liking the price action on USDMXN for a reversal price action from the bottom. WE can see overall price action is in this larger, HTF channel structure. Price is corrective in nature within the channel, and finally we see some reversal price action at the bottom. Latest price gives us a recent double bottoms, descending channel at the bottom...
Hello everyone: Still seeing NZDCAD price action to have the next strong bearish momentum to come in from the top. We see price has been in this latest ascending channel, correcting itself up. A recent double tops, price can begin its reversal from this point forward. The safer entry would be the breakout and a LTF correction to follow. Or, look to see...
Hi everyone: GBPJPY with its latest price action may give us a bearish move down to the bottom of the structure. WE can see price has been in this larger corrective pattern for quite sometimes now since the previous bearish drop. The recent price action is consolidating in this area, good sign of a bearish reversal can come in. Look for price to develop some...
hi traders: NZDJPY still my favor JPY pair to short, and as price action continues to develop more corrective price action, then the more probable the sell can happen. Here we see the latest price action, price just hit the previous HTF double tops, and very corrective here on the LTF. What I would like to see if the bearish momentum to break down from its...
hi everyone: AUDCHF is correcting its price at the top of the HTF structure now. Price is very consolidated within the channel, and I see 2 possible scenerios: Either we see price moves up one more time to form a higher double tops and then the bearish move down or price completes the current structure and we see the bearish impulse out of the...
Hello everyone: AUDJPY is also shaping up for the reversal sell from this area its in. Overall price is in this expanding structure after the bearish impulse. We see a few swing highs and lows within the structure, rather corrective price action. Latest price shows us a potential double tops, M style pattern in the making. Good to look for possible reversal...
Hello everyone: Looking at EURNZD here for bullish price action. WE can see price has been dropping aggressively since it impulse out of the larger correction. We then see price formed this descending channel structure, correcting itself to the bottoms of the HTF structure. Lates price shows a bullish reversal correction on the LTF, look for more continuation...
hi traders: Looking at EURUAD for the up coming days/week to develop a bullish price action. We see price has been consolidated with the HTF structure for quiet sometimes now. Latest price has a double bottoms, and price is rather corrective within. What I would like to see is more bullish price action on the LTF to breakout from this correction, and we can...
Hi traders: TESLA continues its bullish momentum from the previous correction and now I see 2 possible buy scenarios. Either the current correction is all we going to see, and once that small correction is over then further upside. or price can form a deeper correctional structure that has more depth, and once correction finishes we will still get more bullish...
Hello traders! Today i want to share with you an idea that i have in the XAU / USD for the long term. Keep in mind that it is a vision on a DAILY chart, so it probably has a time horizon of couple of months. Gold recently broke important level of 1800, price even bottomed at 1765 - last top of previous correction, where lot of retail traders had their stoplosses...
Hello everyone Looking at USDSGD for bullish opportunities from the bottom. We can see price has move down all the way to the previous bottoms where price took off from the Covid. Price had made many bearish continuation corrections, and pushing down the price to the previous lows now. Latest price action shows us a descending reversal structure, looking...