Yesterday, a lot of currencies moved abnormally, in that they created a candle with a really huge wick. This must've been the manipulation after the huge shorts that were made. Price is almost finished filling out the huge wick, and since other traders are gonna go long after seeing this huge up move, the market makers are gonna plunge the price down. So that's...
I saw a strong resistance line that price reacted to. It reversed 4 times, and this 4th time is definitely going to be the next bearish reversal move. First TP used to be a resistance line, now it broke out of it. Chances are, once price reaches that level, it will bounce back, so that's my first TP. Second TP is actually this week's close. Price, on a weekly...
I first saw a priceline that market's been reacting to over and over again. This time, it seemed to act as a support line. However, when I got in, I was lucky enough to already see that market grabbed liquidity from SL of trades going to against the support. So, what time was it, guys? It's my time to win some pips of course. When trying to move my TP, I saw an...
Disclaimer: This is not financial advice In high leverage trading your entry is a matter of life or death, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only...
Price conveyed a strong downtrend, then it created a pennant, which is a continuation pattern. And if you look at a greater picture, you'd see that price created lower lows, and it was far from reaching the previous high. SL is crucial for this trade. Since it's a pre-market trade, the pips spread can widen at the start of the trading week. USDJPY's spread is...
Price is consolidating after a downtrend, which indicates that the price is going to continue moving downward. To prevent my trade from getting stopped out, I first need to find an area of liquidity, which a line that's above the high of that consolidation period. You can see where I have identified it in the chart above. As for the TP level, it's pretty easy to...
I took a short trade, expecting the market to follow a bearish structure. And it did! It made an uptrend, then it went up for quite a while, but now I am seeing a reversal pattern, and the fact that it hasn't broken the previous high just further confirms this potential downtrend My entry price is just above this current high, which makes it a perfect...
Usual stuff. Fundamental news not moving how it should. True divergence 🔑
Hello Everyone, We have seen a lot of activity of Bitcoin because it was deemed as real money by DC laws so masses purchased bitcoin and are now holding because it is digital gold (named) so my analysis is Bitcoin is in my top resistance and support area. The major resistance is at 11391 area and major support is at 9600 area but there are many internal supports...
Hello Traders, AUDJPY was playing as expected. Please close half of your position by secured 35 pips and move the stop loss to entry. The link to my previous analyst attaches below. Cheers and Enjoy everyone, Ochin_FX
Hello Traders, EURJPY was playing as expected. Please close half of your position by secured 46 pips and move the stop loss to entry. The link to my previous analyst attaches below. Cheers and Enjoy everyone, Ochin_FX
So we have smashed this week! We have one trade left running which is EURUSD. Thanks for support on the previous analysis, Like and follow if you rate the content. I focused on physiological levels and physiological market formations set ups this week which has paid of big time!. I will look to do the same next week! Have a good weekend!. AUD/JPY - 150...
Hello Traders. Hope you are doing well. On EURAUD we have a setup that might be very profitable in the next few days. As I am seeing, the pair is bellow a trend line resistance and if it breaks that resistance it has potential for a move towards 1.64 even 1.6450. That is more than 150 pips for the trade. The other scenario, resistance holds and the Australian...
We're on the 4H chart on EUR/CAD and what we're honestly seeing is consolidation in the zones of 1.53 & 1.55. Being bullish overall on eur/cad, it's it's in our best interest to look for buys. If you're experienced in counter-trend trading then catching this retracement in the level of 1.54 will be very profitable in over 60 pips ... I mean if your price action...
Hello Traders, GBPJPY was playing as expected. Please close half of your position by secured 56 pips and move the stop loss to entry. The link to my previous analyst attaches below. Cheers and Enjoy everyone, Ochin_FX
Hello Traders, GBPUSD was playing as expected. Please close half of your position by secured 51 pips and move the stop loss to entry. The link to my previous analyst attaches below. Cheers and Enjoy everyone, Ochin_FX
Hello Traders, EURAUD was playing as expected. Please close half of your position by secured 53 pips and move the stop loss to entry. The link to my previous analyst attaches below. Cheers and Enjoy everyone, Ochin_FX
Hello Traders, CHFJPY was playing as expected. Please close half of your position by secured 68 pips and move the stop loss to entry. The link to my previous analyst attaches below. Cheers and Enjoy everyone, Ochin_FX