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...
Hi traders: Once again we are looking at NZDUSD for the sell potentials. We know the price has been super corrective all these past weeks, and price has been able to give us a confirmation short bias until now. We can see on the LTF we finally get some bearish momentum in the market. First bearish impulse push on the LTF. What will confirm the continuation...
hi traders: looking at EURUSD for the reversal at the top of the price action structure. WE see price has been correcting in the larger correction for a long period of time, and latest price is giving us clues of a possible reversal. Price continues to get squeeze up, hitting a daily double tops area. We then see a strong push down from the LTF, look for...
hello everyone: DOW has similar price action like SPY for the sell potential. WE see price is stalling and consolidating in the all time double tops area, and forming correctional structure. This is a good indication that price may soon have the reversal momentum I like to see. Currently we see some LTF bearish move already, so look for more continuations to...
Hello traders: Looking at SPY here for the potential sell setup. Personally still have a short bias from a price action point of view. Price is rather corrective within its current structure, and recent double tops area. Want to see the bearish impulse from the LTF and break out of the correction, and find continuation structures to get in the sell. Thank you
Hello everyone: GBPUSD continues to be in this ascending channel structure, correcting itself up. However, as we know price action will finished the correctional structure eventually, and the next impulse phrase can begin. Currently price is at the top of the HTF channel structure, and within it LTF ascending channel. Safest entry would be the breakout,...
Hi traders: Seeing AUDCAD has this recent double tops, and price has been very corrective in the latest times, We see the price is in another ascending channel reversal structure, and within a Head and Shoulder developing, very good bearish price action. Looking for the confirmation breakout would be more ideal for the continuation sell. Thank you
Hello everyone. Still eyeing AUDUSD for the bearish reversal from the top of the current structure. We see price had a strong pushed down from the previous parallel channel structure, and formed this larger expanding structure. Price is rather very corrective in this, and we see that ascending channel structure at the tops, very good probability we will get...
Hello traders: Looking at GOLD here for possible further downside momentum. We can see price has already dropped out from the previous corrective structure, and impulse down. They key here is to wait for price action to develop further continuation structure to give us confidence for additional sell momentum. I do want to see a correction similar like the...
Hi everyone: NZDCHF is once again at the previous tops, but this time we see the price action formed this corrective channel structure and a recent double tops. We can see the latest price action is consolidating at the tops, and very likely a reversal correction will form here. To confirm the downside, we can wait for the first bearish breakout, followed by...
SUSHIUSDT - It is in strong uptrend and seems completed 3rd wave up almost 4 times of wave 1. Now expecting correction down as wave 4, which should be either complex or triangle. Stay bullish near 1.209-1.135 zone for 5th wave up for new high above 1.50. Give thumbs up if you really like the trade idea.
There's a high chance that price might react from 1.73500's psychological level, only to finish its major corrective move and to begin an impulse one, to the downside. Going to the lower timeframes, we can expect to see price giving signs of a reversal, from that key level, breaking previous structure lows. But, before that, price might be manipulative....
Looking at the previous price action of EURGBP we should have a pretty quick trade coming up (here?). For the last 69 (heh) days EUR dropped to a previous support level since around April of this year. Where the Magic is and what gives me confidence in this trade is a bullish trend line from 2016 is approaching this support level at the same time as the price in...
HEY EVERYONE Here's a reaction to the USDJPY which saw an impulse move with the bulls traded in a symmetrical triangle and broke above structure possibly signalling continuation to the upside, now I was bullish on the pair but saw it pushing down after the bull moves this is an update of the attached trade. As always higher time-frames for direction and whats...
I am looking for continuation of recent strong bearish movement on 1H, after the conclusion of the current struggle between bears and bulls.
HELLO EVERYONE Here's an idea on the DOLLAR/ TURKISH LIRA which opened with a gap and an aggressive fall with the bears looking for some correction of this move but we'll definitely see continuation to the downside, now the structure aligning with our fib levels is the resistance level 7.96612 which will be our aggressive target going down with the bears for long...
While it becomes clear who will be the next US president EURGBP broke the downward movement and seems very firm to reverse the direction. This break allows for a rise to resistance levels: 0.9143 0.9175 0.9199 This option is spoiled if the price goes back down in the channel.