Hello everyone, here is the top-down analysis for EURCHF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for AUDJPY, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
on DAILY: SILVER is sitting around a strong supply zone in blue so we will be looking for objective sell setups on lower timeframes. on H1: SILVER is trading inside our orange channel so we are waiting for a momentum candle close below its last swing to sell this one. moreover, we have a regular bearish divergence adding more confluence to our sell setup.
two possible scenarios on GBPNZD, let's see which one is going to get activated first and we will act accordingly.
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...
Not going into much detail in this video, hope you like it!
on WEEKLY: GOLD is sitting around a strong supply zone in green so we will be looking for objective sell setups on lower timeframes. on H1: GOLD formed an objective channel in red so we are waiting for a momentum candle close below the last swing that forms around our lower red trendline to sell.
on H4: EURAUD is overall bearish trading inside our green channel and it is currently sitting around our upper green trendline so we will be looking for objective sell setups on lower timeframes. on M30: we are waiting for a new swing to form around our lower red trendline to consider it objective and enter on its break downward. on H4: we are waiting for a...
USDHUF is sitting around a strong supply zone in green so we will be looking for objective sell setups. this one formed an objective trendline in red so we are waiting for a momentum candle close below its last swing for more confirmation. we also have a regular bearish divergence adding more confluence to our sell setup.
USDTRY is sitting around a strong supply zone in blue so we will be looking for objective sell setups. this one formed an objective channel in red and broke its lower red trendline downward, but we didn't sell yet, as we are waiting for a momentum candle close below its last swing for more confirmation. we also have a regular bearish divergence adding more...
on DAILY: EURTRY is still sitting around a strong supply zone and All-Time-High so we will be looking for objective sell setups on lower timeframes. on H1: EURTRY broke below our red trendline but we didn't sell yet, as we always wait for a momentum candle close below the last swing for extra confirmation. meanwhile, until the sell is activated, EURTRY would be...
on DAILY: EURCAD is sitting around a resistance zone in red so we will be looking for objective sell setups on lower timeframes. on M30: EURCAD formed an objective trendline in red and a double top pattern, so we are waiting for a momentum candle close below its gray neckline to sell this one.
on WEEKLY: GOLD is sitting around a supply zone in green so we will be looking for objective sell setups on lower timeframes. on M30: GOLD formed an objective trendline in red, so we are waiting for a momentum candle close below its last swing to sell. we also have a regular bearish divergence adding more confluence to our setup. as usual, until the sell setup...
GBPJPY formed a four-confluences sell setup. so we are currently holding a sell. Four confluences: 1- Head and shoulders pattern 2- Divergence 3- Resistance from Daily 4- RichTL BOMB we will keep holding our sell until an objective buy setup is activated.
GBPUSD,GBPJPY,EURJPY,EURNZD,EURAUD
AUDCAD formed a valid 3 confluences setup: 1- Head and Shoulders Pattern 2- Objective Trendline (in blue) 3- Divergence on MACD (in red) our trigger would be a momentum candle close below our gray neckline.
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...
THESE ARE WHAT IM LOOKING AT ON MY WATCHLIST, MAKE SURE YOU WAIT FOR YOUR CONFLUENCES TO LINE UP AND YOUR ENTRY REQUIREMENTS ARE MET BEFORE ENTERING A TRADE. ENSURE YOUR VARIABLES ARE TICKED ON YOUR TRADING PLAN.