Hey traders, Yesterday, on a live stream, we discussed AUDUSD. The pair formed an ascending triangle formation and broke and closed above its neckline then. It will push the market higher. The next goal for buyers - 0.689 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
GBPNZD is consolidating within a narrow horizontal trading range on a daily. After a sharp bearish impulse, the market is coiling for the entire month. To catch the next bearish wave, watch 1.9125 - 1.92 horizontal support. Wait for its bearish breakout (1h candle close below that). Sell aggressively or on a retest, then. Next support will be 1.889 Be...
GBPJPY was steadily growing within a rising parallel channel for the last 3 weeks. The market reached a key daily structure resistance on Friday. Bears started to push heavily from that and the price broke and closed below the support of the channel. It will trigger a bearish continuation. Next supports: 166.3 / 165.3 ❤️If you have any questions, please,...
One more update. As I predicted, EURNZD broke and closed below a neckline of a descending triangle formation on a daily. It will most likely push the pair lower. Goals: 1.66 / 1.65 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
I spotted a cute head and shoulders pattern on EURGBP pair. The price broke and closed below its neckline on Friday. I think that the pair may drop lower this week. Goals: 0.8625 / 0.858 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Hey traders, Earlier, we have spotted together an inverted head and shoulders pattern on USDCHF on a 4H time frame Its neckline breakout confirms a highly probable bullish continuation. Next week, I will expect a continuation to 0.9628 / 0.9734 levels. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like,...
In the early Asian session trading it looks like Gold is respecting a 3 month key level... offering a great opportunity for a high risk to reward trade. These key levels when respected, get huge price momentum and are the catalysts for long multi year trends. Could this be the start of a new one? In our analysis we break down from the 3month to the 15minute...
TESLA has finally broke my 209.00 zone. A retracement will happen before price continues to drop! Every ZONE BREAK is followed by a RETRACEMENT. I'm still heavily BEARISH on TESLA. 65.00 is still my target. ------------------------------------------------------------------------------------------------------------------------------------- Check out my previous analyses.
We have spotted a confirmed neckline breakout of a head and shoulders pattern on GBPCHF on a daily. Analyzing lower time frame this morning, I spotted a falling parallel channel on 4H time frame. We see a positive bearish reaction from its upper boundary. I expect a bearish move to 1.118 now. ❤️If you have any questions, please, ask me in the comment...
CADCHF pair is trading in a global bearish trend. From the beginning of October, the market was correcting within a rising wedge pattern. Its support was broken yesterday. I believe that the market may drop soon to 0.7245 / 0.72 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
I spotted 2 breakouts on GBPAUD on a daily time frame: first, the price broke and closed below a rising trend line and violated a horizontal key level then. The underlined blue area on a chart is a potential reversal zone. I will expect a bearish move from that. Goals: 1.7414 / 1.7266 ❤️If you have any questions, please, ask me in the comment...
Dollar Index retests the recently broken major trend line on a daily. Retesting that, the market formed a double top pattern on 1H. I believe that now we may expect a correctional movement. Goals: 112.0 111.2 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Here is my technical top-down outlook for GBPUSD. The pair has recently broken a major falling trend line and a solid horizontal supply area. The broken structures turned into supports now. The closest resistance that I see is 1.168 - 1.174 area. Analyzing the intraday perspective, I spotted a falling wedge pattern on 4H time frame. I believe that the next...
Update for AUDNZD pair. After a strong bearish impulse, the price was consolidating for some time within a horizontal trading range. This morning, its support is finally broken. I suppose that the price will drop soon to 1.1 level. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
List of confluences: 1: Falling Wedge Breakout 2: Trendline Breakout 3: Key Level Breakout and Change in Market Structure When looking at the larger time frames, we can see that EURJPY remains in a uptrend. We have also seen the market pull back which signalled a chance to enter in the direction of the bigger picture trend. We have listed 3 reasons as to why...
Update for USDCHF. The price is currently approaching a key daily structure resistance. Depending on the reaction of the price to that, I see 2 potential scenarios: If the price breaks and closes above the underlined blue zone on a daily, a bullish continuation will be expected to 1.02 Analyzing intraday time frames, I spotted a triple top formation on 1H...
I am not a big fan of a cup and handle pattern, but here on EURCHF, we have its perfect example. The price has already broken the neckline of the pattern. I believe that the pair will reach 0.9855 resistance soon. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️