As we can see on weekly time frame perspective this market has approached towards crucial support which is nearly at 0.8680 - 8619 and if we see daily we have Doji formation on this area on last friday session. This seem to be counter-trend view but market may respect that weekly crucial support and may reverse the trend. Lets see how it unfolds. safe trading!
Here we are on EURAUD daily chart and as we can see that last week this market get pulled back towards broken support level which is located near 1.5700-1.5650. we have obvious bearish pin bar on this new resistance level which is also aligned with confluence of dynamic resistance and trend momentum is now looking down as well... let's see how this market unfolds...
every thing is clear, we have new SELL signal in GOLD.
although the last signal of the previous week was BUY, with the break of 1220.70 during today movements, the SELL signal is valid and now, we are looking for SELL.
Here is some simple analysis for the USDCAD Daily. These blue levels are some ''Obvious'' levels that could cause a bit of fluctuation in price and therefore some LTF Setups. I will pay close attention to these levels purely for their significance on the daily chart, These levels could be possible for stophunting or give setups in terms of reversals but...
Broke the rising wedge and we are retesting, started short at top of wedge, adding to it on retest, short orders up to 6900 as well. Oscillators are over extended on multiple time frames and need a consolidation or retrace soon. Targeting the breaker for short close (green area)
Brief Description of PA Context (1D) 1. Bull move 2. Large corrective structure Support/Resistance R1 = 1.42500 - 1.43500 S1 = 1.37250 - 1.37750 S2 = 1.35500 - 1.36000 Bias Bullish above 1.35500 Trade ideas Long @ S1, TP @ R1 Limit buy @ S2, TP @ S1 or R1
Here we are on Dollar/Yen daily chart and as we can see this market is forming new higher highs and higher lows and we have short term trend line developing here. Notice here how many confluence factors are lining up on our buying trade idea here such as trend, Support zone/area which is nearly at 108.263 - 107.544, dynamic support layer 20/10 ema's and short term...
Here we are on Euro/Dollar daily chart and as we can see this pair is in range and if we zoom out daily chart we have long term bullish trend. On last daily session closing this pair had formed Bullish fakey setup with 2 bar reversal / Bullish engulfing setup. As for this trading scenario we have good confluence factors supporting it such as Bullish trend,...
Here we are on Gold daily chart and as we can see this market has pulled back towards important support barrier which is nearly at 1310.17 and on last daily session we have obvious pin bar / fakey setup printed on this vicinity. We are getting in longs from here as we have good confluence factors here such as trend, support level and pin bar/fakey setup itself....
Here we are on NZDUSD daily chart and as we can see price has reached towards its important support barrier which is nearly at 0.7200 we have obvious "BUEB" ( Bullish engulfing bar) here on last daily session closing we have three factors support our trade here such as trend which is bullish long term, support barrier and BUEB setup itself. We can enter on this...
Here we are on Aussie/Yen daily chart and as we can see this market is in clear down trend and now pulled back towards the old broken resistance (now acting as new support) which is nearly at 84.00-36. Looks like sellers are making their way to reach new lows from here. We will be getting in shorts after watching Daily session closing. Moreover we have good...
Here we are on EURUSD daily chart and as we can see price has reached towards its important support barrier which is nearly at 1.2206 we have obvious "BUEB" (Bullish engulfing bar) here on last daily session closing we have three factors support our trade here such as trend which is bullish long term, support barrier and BUEB setup itself. We can enter on this...
Here we are on Eur/Yen Daily chart and as we can see this market has broken aggresively through the strong support area which is nearly at 131.68 and now it seems like bullish trend is going to reverse here so we will be looking for the pull back near this 127.71 area to look for sell price action signals. we have confluence factors here as dynamic layers is...
Here we are on Pound/Yen daily chart and as we can see this market was in up trend, took pull deep pull back and now market has printed obvious bullish pin bar on swing level which is nearly at 147.94-148. We have three confluence factors here putting weight behind this trade scenario such as Bullish imperfect trend, support level and bullish pin bar buy signal....
Here we are on Kiwi/Dollar daily chart and as we can see this market has recently rise higher aggressively and now pulled back towards BRN (big roung number) level which is 0.7200 and on last daily (Thursday) session closing market had printed long tailed pin bar buy signal along with the confluence of bullish trend, 50 ema dynamic support, very big round number...
Here we are on Euro/Yen daily chart and as we can see this market is trending higher and we have seen in recent weeks that this market is giving bullish opportunity on pull backs. Again we have the same scenario here. This market has printed Bullish tailed bar in lined with good confluence factors such as Bullish trend, Static horizontal (new) support, 50 ema...
Here we are on Aussie/Yen daily chart and as we can see this market is in now bullish trend and price had multiple higher highs and then pulled back on near term daily support area which is nearly at 87.32, printed coiled inside day setup there also holding confluence factors which are trend, near term daily support and coiled inside bar buy signal itself. we are...