on DAILY: USDTRY is still trading around its all-time-high so we will be looking for objective sell setups on lower timeframes. on H1: USDTRY formed an objective channel in red and it is approaching a minor supply zone in blue so we are waiting for a momentum candle close below the last swing that forms around our lower red trendline to sell. meanwhile, until...
on H4: AUDCHF is overall bullish and now approaching our lower blue trendline so we will be looking for objective trend-following buy setups on lower timeframes. on M30: AUDCHF is forming a trendline in red so we are waiting for a new swing to form around it to consider it valid and then enter on its break upward. Moreover, we have a regular bullish divergence...
on DAILY: GBPCHF is approaching a strong support zone in blue so we will be looking for objective buy setups on lower timeframes. on M30: GBPCHF formed an objective trendline in red, and price broke it upward, but we didn't buy yet, as we are waiting for a momentum candle close above its last swing. meanwhile, GBPCHF would be overall bearish and can still test...
on DAILY: EURUSD is sitting around a resistance/supply zone in green so we will be looking for objective sell setups on lower timeframes. on M30: EURUSD is now trading inside a valid channel in red, so we are waiting for a momentum candle close below the last swing that formed around our lower red trendline to sell. we also have a regular bearish divergence on...
EURUSD rapidly approaching to retest the broken trendline in confluence to our previous resistance area. We will be looking for the pullback on 0.5 fib retracement to open shorts.
This is really interesting ... time to mark down ... Rsi divergence, price rectangle channel and we are testing the mid line ! We were in this channel for more that 2 weeks, we touched top of the channel several times and it rejected us ! we hit the bottom, it rejected us ! but mid line? it opened arms and she hugged us! we are going down ... I recommend to longs...
on DAILY: USDCZK is sitting around a strong support zone so we will be looking for objective buy setups on lower timeframes. on H1: USDCZK is currently forming a wedge pattern (not valid yet) so we are waiting for a new swing to form around our upper trendline to consider it valid and then enter on its break upward. we also have a regular bullish divergence...
on DAILY: NZDUSD is approaching a resistance brown trendline so we will be looking for objective sell setups on lower timeframes. on H1: NZDUSD formed a double top pattern so we are waiting for a momentum candle close below its neckline to sell. *Conservative traders have to wait for a third swing to form around our red trendline to consider it valid and then...
on WEEKLY: NZDCAD is currently sitting inside a resistance zone so we will be looking for objective sell setups on lower timeframes. on M30: NZDCAD is forming a head and shoulders pattern (still an idea) so we are waiting for the right shoulder to form and then enter on the neckline break downward. meanwhile, NZDCAD would be overall bullish and can still test...
on WEEKLY: BTC is still sitting around our 10.000 round number and supply zone so we will be looking for objective sell setups on lower timeframes. on H4: BTC is trading inside our two red trendlines (not valid yet) so we are waiting for a third swing to form around our lower red trendline to consider it valid and then enter on its break downward. we also have a...
on DAILY: OIL is currently sitting around a strong resistance zone in green and almost filled the previous gap so we will be looking for objective sell setups on lower timeframes. on H1: OIL is trading inside a wedge pattern (not valid yet) so we are waiting for a new swing to form around our lower red trendline to consider it objective and enter on its break...
on DAILY: GBPAUD is sitting around a support zone in green so we will be looking for objective buy setups on lower timeframes. (unless price breaks it downward aggressively) on H1: GBPAUD we are waiting for a third swing to form around our upper red trendline to consider it valid and then enter on its break upward. Meanwhile, GBPAUD would be overall bearish,...
on DAILY: EURGBP is currently sitting inside a support zone, so let's see if it will reject it or break it downward. on H4: EURGBP formed an objective head and shoulders pattern, so we are waiting for a momentum candle close below its neckline to sell. meanwhile, this pair is sitting around support and trading below our red trendline (not valid yet), so we are...
on DAILY: GBPNZD is sitting around a support zone so we will be looking for objective buy setups on lower timeframes. unless GBPNZD breaks below our support aggressively, then it would become resistance and we will be looking for objective trend-following sell setups on its retest. on M30: GBPNZD is forming an inverse head and shoulders pattern (still an idea)...
on DAILY: GBPUSD is sitting inside a resistance zone so we will be looking for objective sell setups on lower timeframes. on M30: price formed an objective trendline in red and we are still waiting for a candle close below its last swing to sell. we also have a bearish regular divergence on MACD adding more confluence to our sell setup. meanwhile, GBPUSD would...
Fellow Traders! I have spotted a potential trading opportunity, GBP/USD (LONG) ANALYSIS: Consolidation & Bullish Breakthrough Resistance at a key support level Rejection At Fib Level 61.80 Previous Strong Bullish Momentum