Everything is explained on screen! For those who keep sending me direct messages, I am a Student of the Diamond Forex Academy (instagram.com/diamondforex) and more so my personal tutor is Masum, a Top Author on TradingView, take a look (uk.tradingview.com/u/masumhussain)
G/A is currently in an up-trending channel and is approaching the up-trending resistance that is wedged with a major support/supply zone on the 4hr chart. Price is looking very bearish at the moment on the higher time frames, on my chart we are looking for price to either bounce off the wedge at the liquidity zone (red bubble) and retest the uptreding resistance...
The AUDCAD is currently trading between an ascending wedge which is a reversal signal into a sell. Traders can look for sell positions (entry orders) from the top level of resistance at roughly 0.9577 to get a better entry. Stop losses set above the resistance level. Over a longer term view you can see resistance at 0.9577 will also be the cap of the negative trend line.
I smashed my 4Hr NZDCAD analysis which I published March 15th (Linked Below) The accuracy is uncanny (¬‿¬) This is (hopefully) the bigger picture; Strong Trend: Lower Highs Trendline Retest (20th March) Looking for Candlestick confirmation on the 15m & 1Hr before placing Long position from Daily Trendline For those who keep sending me direct...
I'm new to Trading, having only being a TradingView member for a few days so please be mindful when giving criticism & feedback. In this optimistic analysis I was thinking of a long-term LONG on NZDCAD. Having the 1Hr Resistance Line invalidated by the Bullish Spike @ March 12th, I believe the price action to retrace to the drawn trend line. I believe it will...
Price is at the bottom of a bearish flag. Strong resistance at the 1.88 area for a short opportunity. Target set at 1.73.
imminent Head & Shoulders could be made from the new bounce created in today's ticker movement. As a contingency, I allow for also a decline somewhere around Thursday with a nice bounce to end off the week on Friday, as that has a tendency to be positive-vibe day for the market. However, if there's bad news to end the week, the next week outlook starts on a bad...
Downside : STRICTLY: below 569 sl 575 for 565-561
$AUDCHF against the SMA200 again after 2 failed tests
Hey everyone, today I'm going to make my analysis on BAT and explain my point of view, so let's begin! When we climbed, we were reaching a previous resistance (the bearish engulfing bar at 2 march 12-16h), if we watch closely, we had a long legged doji, which usually signals a top(depending on where its formed) (it's a bit subjective, may not be a doji, but the...