on DAILY: DXY is currently approaching a strong demand zone in blue so we will be looking for objective buy setups on lower timeframes. Keeping in mind that DXY can still go down to test the previous support to get more liquidity to be able to push higher. on M30: DXY is trading inside our purple channel, so we are overall bearish, however as mentioned from...
HELLO ALL, NZDJPY SEEMS TO BE AT A DAILY RESISTANCE AREA WHERE IT REJECTED AT WEEKS END. THE PAIR IS IN AN AREA WHERE IN 04TH FEBRUARY IT STARTED A SIDEWAYS TREND THAT BROKE OUT LOWER AROUND THE 25TH OF FEBRUARY. CAN THIS PAIR DO THE SAME THING BEFORE BREAKING OUT HIGHER? FOR THE TIME BEING, LOOK FOR THIS PAIR TO RETRACE SOME BEFORE MOVING UP TO THAT RESISTANCE...
on DAILY: this pair is currently rejecting a strong resistance/supply area so we will be looking for objective sell setups on lower timeframes. on H4: AUDNZD is trading inside our blue channel (not valid yet) so we are waiting for a new swing to form around our lower blue trendline to consider it objective and enter on its break downward. we also have a regular...
on DAILY: EURSEK is sitting around a strong support and resistance zone in blue so we will be looking for objective sell setups on lower timeframes. unless price breaks it downward aggressively, then we will be looking for objective sell setups on its retest. on H4: EURSEK formed an objective channel in red, so we are waiting for an objective break above the...
on DAILY: EURNZD is approaching a strong support/resistance zone in blue so we will be looking for objective buy setups on lower timeframes. on M30: this pair is still overall bearish making lower lows and lower highs, and it is now forming a trendline (not valid yet). so we are waiting for a third swing to form around it to consider it objective and enter on...
on DAILY: CHFJPY is approaching a strong support/resistance in green so we will be looking for objective sell setups on lower timeframes. on M30: CHFJPY is currently trading inside a red channel so we are waiting for a new swing to form around our lower red trendline to consider it our last swing standing and enter on its break downward. we also have a...
on DAILY: EURUSD is sitting inside a strong support/resistance zone in green so we will be looking for objective sell setups on lower timeframes. on M30: price is now trading inside a channel in orange so we are waiting for a third swing to form around our lower orange trendline to consider it valid and then enter on its break downward. we also have divergence...
on H1: price formed a new swing around our red trendline and broke it upward, so we could have entered a buy. on DAILY: Currently, price is retesting a strong support/resistance zone in red so we will be looking for objective sell setups on lower timeframes. on M30: price formed an objective double top pattern and broke its neckline downward so we are currently...
EURUSD is in a clear uptrend, with the pair that doesn't seem to show any sign of counter-trend or strong retracement. Recent action shows a slight retracement, with buyers immediately reacting with a bullish engulfing pattern and a new higher high. Stop loss below last important swing low and trying to have it also below the uptrend line. I don't really have a...
AUD/USD (LONG) ANALYSIS: - Consolidation = pending move - Resistance at key trend level - Rejection At Fib Level 78.80 - Previous Bullish momentum
on WEEKLY: price is approaching a strong support/resistance zone in green so we will be looking for objective sell setups on lower timeframes. unless price breaks it upward aggressively, then we will be looking for objective buy setups on its retest. on H4: price is trading inside our red channel (not valid yet) so we are waiting for a third swing to form around...
on WEEKLY: price is overall bearish making lower lows and lower highs inside our brown channel, and it is currently sitting around our upper trendline so we will be looking for objective trend-following sell setups on lower timeframes. keeping in mind that price can still test our upper red resistance in red before going downward. on H1: price is trading inside...
GBPUSD just had a strong rejection off the outer 0.618 fib level, in correspondence to our current ascending parallel channel. We will be looking to see the price head downwards from here, and potentially retest the bottom trendline of the channel. Furthermore, the inner Fibonacci is also indicating a good area around the 0.618 level to open longs, as well as the...
(plz like & follow me) #ETH trying to breakout but does not have enough strength if we see associated volume. If we find any weakness then definitely there can be a short opportunity keeping BTC movement in mind. #keep you updated if any changes. Thank you!!
on DAILY: price is filling our previous GAP which acts as a strong supply zone so we will be looking for objective sell setups on lower timeframes. on M30: price is forming a head and shoulders pattern, so we are waiting for the right shoulder to form and then enter after a momentum candle close below our gray neckline. we also have divergence on MACD adding...
(plz like & follow me for regular updates) We now have 2 scenorios for BTC:- (1) Rejection from 9.3k level and back towards 8.8-8.5k. (2) Will attempt 10k level again. We will wait for reaction at 9.3k level which is acting as local resistance right now. Thank you!!
Hello everyone! I will keep it compact as always: 1. Be patient, wait for the candles to reject the fib golden zone 2. At the same time the candle rejects to break above the SMA 8 (I don't show the SMAs to keep it cleaner) 3. The RSI is showing divergence wich means high possibility for bearish action 4. Go to a smaller timeframe and get yourself a sniper...
on DAILY: price is sitting around a strong supply zone in red so we will be looking for objective sell setups on lower timeframes. Keeping in mind that price can still test our Supply zone again to get more liquidity to be able to push price lower. on M30: price is trading inside an objective wedge pattern in orange, so we are waiting for an objective breakout...