on DAILY: EURNZD is sitting around a strong support zone in blue so we will be looking for objective buy setups on lower timeframes. on H4: we are waiting for a new swing to form around our upper blue trendline to consider it valid and enter on its break upward. (long-term) on H1: we are waiting for a new swing to form around our upper red trendline to consider...
on DAILY: USDSEK is sitting around a strong support zone in green so we will be looking for objective buy setups on lower timeframes. on H4: USDSEK formed an objective trendline in blue so we are waiting for a momentum candle close above its last swing to buy this one long-term. on M30: USDSEK is forming a channel in red but it is not valid yet, so we are...
on DAILY: USDPLN rejected our previous support zone in green so we are still looking for objective buy setups on lower timeframes on H4: USDPLN formed a new trendline red so we are still waiting for a momentum candle close above our gray zone to buy this one. meanwhile, this one would be overall bearish and can still test our support one more time before going...
on DAILY: EURGBP is retesting a strong support zone in green so we will be looking for objective buy setups on lower timeframes. on H1: EURGBP is forming a trendline in red but it is not valid yet so we are waiting for a new swing to form around it to consider it our last swing and enter buy on its break upward.
Price on gold seems to be finding it difficult to break through the daily high resistance level placed at 1797.136. Speculating a sharp drop towards the downside forming thereafter as a result.
Hello Traders! Hoping we all had a good start to beginning of a new week, as I've been looking more into COT Data, I've realised there are a lot of traders that are waiting for a short off 0.7000 level as 80% of retail traders are SHORT. Although looking at oscilating indicators the market has not reach an 'overbought' sentiment, meaning price may break our level...
Hello traders and analysts, Here is our take on EUR GBP COT report: Long Short Total %Long %Short GBP 31,267 45,396 76,663 42% 58% Euro 174,258 86,043 260,301 67% 33% Technicals: We have a good opportunity here to break the trendline as the top of the channel was rejected However - weekly level has not been tested, so we still...
on DAILY: GBPCHF is sitting around support so we will be looking for objective buy setups on lower timeframes on H1: GBPCHF is forming an inverse head and shoulders pattern so we are waiting for a momentum candle close above its neckline to buy.
on DAILY: GBPAUD is sitting around a strong support zone in green so we will be looking for objective buy setups on lower timeframes. on H1: GBPAUD is forming a symmetrical triangle in red but it is not valid yet so we are waiting for a new swing to form around our upper red trendline to consider it objective and enter on its break upward. we also have a regular...
on H4: NASDAQ is currently sitting around our upper blue trendline so we will be looking for objective sell setups on lower timeframes. on M30: NASDAQ is trading inside our orange channel but it is not objective yet, so we are waiting for a new swing to form around our lower orange trendline to consider it objective and sell on its break downward. we also have a...
Bearish candle rejection at resistance zone. Keep it simple Good trade!!
If breaks down here the monthly candle will close sub 6k
on H4: CADCHF is overall bullish trading inside these two blue trendlines so we will be looking for objective buy setups on lower timeframes unless price breaks below our green support aggressively then we will sell this one long-term (if we have three confluences) on H1: CADCHF formed an objective channel in red so we are waiting for a momentum candle close...
DOW JONES is approaching a strong supply zone so we will be looking for objective sell setups to form. This one is forming a wedge pattern in red (not valid yet) so we are waiting for a new swing to form around our lower red trendline to consider it valid and enter sell on its break downward. meanwhile, until the sell is activated, DOW JONES would be overall bullish.
Good Day Everyone Here's my idea on the S&P500, still in the descening channel looking for the structure to hold and we see bears coming into play ______________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - DAY TRADE TARGET -...
on DAILY: EURCHF is sitting around support so we will be looking for objective buy setups on lower timeframes. on H1: EURCHF is forming a channel in red but it is not valid yet, so we are waiting for a third swing to form around our upper red trendline to consider it our last swing and then enter on its break upward. we also have a regular bullish divergence...
on DAILY: CHFJPY is sitting around a resistance zone in green so we will be looking for objective sell setups on lower timeframes. on H1: CHFJPY is forming a red channel so we are waiting for a new swing to form around our lower red trendline to consider it our last swing and enter on its break downward. meanwhile, until the sell setup is activated, this pair...