Strong Bearish Signal: The price demonstrated an abrupt fall. The move was on the average volume, however, it was supported by the large negative delta. It means that sellers are still dominating the market. Volume Zones: This formed a new level of resistance, which contains the large market participants volume and was created during this move from...
Good afternoon ladies & gents. USDCHF has presented us with a very high risk to reward sell opportunity. I've got a short term target of 0.93360 which yields an RR of 1:5 approximately. I've got a secondary target at 0.93090 which is apprixmately 1:10 My third target is the H4 bullish OB below which is an RR of 1:20. My final TP target is 1:26. Good luck....
Strong Bearish Signal: The price demonstrated an abrupt fall supported by the large volume. Moreover, the move was accompanied with a huge negative delta, which means that sellers are dominating the market now. Volume Zones: It is necessary to point out the level of support/local minimum 25.01 - 25.08. The price is currently testing this mark. Sentiment:...
Strong Bearish Signal: The price continued falling, so the local downtrend with this currency pair is going on. Moreover, this fall totally absorbed the previous rise, which is a good bearish signal. Volume Zones: It is necessary to point out the support level 1.1878 - 1.1887. The price is testing this level at the moment. Sentiment: This indicator shows...
--------------- WEEKLY ANALYSIS 22- FEB----------- overall Trend remains down until we see a follow up of the Friday action. NIFTY Futures - Key immediate levels are 14750F areas for a bullish or bearish bias. 1. Look for a move below 14750 for a move to 14480/14320/14175 2. Hold and support at 14750F or higher look for a push higher to 14890/15k areas BANKNIFTY...
Overall price has been bullish on AUDUSD. There are still large areas of liquidity that needs to be taking out as there are two daily highs that still have not been hit just yet. On the 4HR, price also made an institutional move to the upside and left an order block as well. Price also seems like it is forming an inverted head and shoulders as well Since the...
Strong Bearish Signal: The price demonstrated an abrupt drop and totally swallowed the previous growth. Moreover, the move was supported by increased volume, which means that sellers are still dominating in the market. Volume Zones: We have to point out the resistance level 1.1982 - 1.1987, which has been already tested and then the price showed a sharp fall....
Goood morning traders, After FOMC yesterday, setups are forming everywhere. We got a huge short on USDJPY and EURJPY as well as a long on USDCAD. As they've already moved, there's no point in me posting a chart analysis on that. However, EURAUD is yet to move. EURAUD has traded down into a H4 Bullish Orderblock. The orderflow is currently bullish. I'm...
Good morning ladies and gentlemen, Following on from the trade idea I just posted about EURAUD long. I believe that EURUSD could come down to fill the liquidity void that lies below as a result of the FOMC news release. If it fills the liquidity void, I'll be looking to go long on this pair around the H1/M30 bullish Orderblock with my stop below the...
Strong Bullish Signal: The price corrected down after FOMC meeting, however, it was immediately bought out and the price resumed rising. It shows that buyers are dominating the market and are interested in pushing the price up. Besides it, there is a strong local uptrend. Volume Zones: It is necessary to allocate the resistance level/local maximum 109.19. The...
Strong Bearish Signal: The price demonstrated a huge drop supported by increased institutional volume and broke through the previous support level. It is a great signal of the further drop of the pair. Volume Zones: Unfortunately the volume was evenly spread across the fall, hence we can't allocate any new volume level or zone. Sentiment: This indicator...
Strong Bullish Signal: The price resumed rising and totally swallowed the previous downward correction, it means that the interest of the smart money to purchases returned. Moreover, it is necessary to allocate the strong local uptrend with this currency pair. Volume Zones: We need to point out an important level of resistance/local maximum 109.19. The price is...
At the start of the week in our Plan we did lay out 35500-650 areas as the weekly trend decider. On 9th we have broken out of that zone and have made spike lows into the zone laying the foundation for a move above. This coupled with the fact that we are holding above the value zones of last week and also are testing a trend line break makes it a strong case. Key...