This pair has witnessed a great deal of back forth in the preceding days and weeks. In todays anaylsis, we see how the market on the 1 hour has once again flipped from a bullish perspective (PB) right into a bearish perspecrive with a new PB to the downside. We will look to hold this bearishness with the ultimate goal of targeting our Daily liquidity target all...
Hello traders, we want to check the GBPCHF chart. The price is moving in a descending channel and has pulled back to a key level that the price has reacted to several times in the past. We expect this level to play the role of a resistance level and maintain the downward trend of the price. We expect the price to fall to around 1.08000. Good luck.
in our last analysis, we saw this pair breach our zone and go higher for a deeper retracement. According to our analysis, we refused to see the 1 hour zone as a reversal in itself but rather as forming a deeper retracement on the 4 hour timeframe. From our current analysis, it is clear that that was the intendment of the market. We have seen prices go all the way...
We are witnessing a strong bearish momentum on this pair. From the Monthly to the 1 hour charts, all the timeframes are bearish. Comign through from yesterday's analysis of this pair, we see how prices have continued to melt towards our 4 hour and 1 hour timeframe targets. From yesterday, we see how the market gave is a nice dip that went to hit our liquidity...
We have been bearish on this pair since last week, when we started sharing our analysis actively. Yesterday, we caught the trade from the top and were able to watch it progress to where it stands currently. You missed the trade entry yesterday. That's ok. Because right now, you have a chance at joining the trend. With the market making a pullback into our PB and...
On this pair, we see bullishness across multiple timeframes. Market is bullish on the Monthly chart, all the way down to the 1-hour chart. On the 1-hour chart, we see the market has just made a new high with 6 PBs up. We are expecting the price to retrace bearish into the PB, come into our refined zone, and from there we will watch out for bullish reversals to...
So yes we missed the previous swing. Not because our analysis were wrong, but rather because of our refinement of the PB to a much smaller zone. No need to reflect on it or worry about it for too long. It is gone. Let it go. So we move our focus to the next swing. The market is setting up for the next swing. We have a new PB and we are getting ready to jump on...
The USDJPY has maintained its bullish momentum from the past few weeks. Last week, we witnessed this pair come with a deep to take out zone, create an impression of a bearish reversal, and then continue or resume its bullish trend. These are fakeouts, and they are very common occurrences in the market price movements. On the daily, 4-hour, and 1-hour timeframes,...
This pair has again witnessed another long spike. A second spike in about 3 weeks. With this spike, a lot of traders are likely to get confused about the next direction in which the market is expected to go. So let's give it a try. Before the spike, we witnessed how prices rallied in a systematic manner. This rally was strong enough to turn the 4 hour the 1 hour...
Borrowing from our previous analysis, we saw how the market went all the way bullish to hit our liquidity target. After doing that, it gave us more bullish setups and trading opportunities, all of which played out. Today, we are on the 1-hour chart again, and we are looking to predict market direction. The market is currently in an uptrend, with 6 PBs to the...
With the previous Bullish swing completed, it is time to look on to the next. The market has given us a new PB, an area to trade from. From the PB, we have made an attempt to refine it to get our zone within 1 hour. With our zone clearly marked out as seen on the chart, we anticipate price dipping into the zone, and from there we will be looking to trade. The...
A quick re-cap of where we have come from and how long we have followed the analysis on this pair. The market is Bearish and is currently in a bearish PB. After the bearish impulse, the market has continued to push bullish to give us a retracement. From our earlier analysis, we saw the market dip to make a low, and we had established that from that point on, we...
This pair is bearish on the 1 hour and the 4 hour. We choose to limit ourselves to just the 4 and 1 hour charts for now; those are the charts we will be considering the most when taking our trades. On the 4-hour, we found a bearish push last week, and we were able to catch a bearish trade. We have held on to that position till now, believing that the market still...
So finally, we have come to the end of the 1-hour bearish trend that was based on the 4-hour bearish swing. Remember that our trading Bearish was a counter trade in light of the 1 hour. Even though we were stopped out on that trade, I am sure we have all learned a very important lesson: always listen to the trend and go in its direction. Recall that the 1-hour was...
🔹YFIUSDT's Potential YFIUSDT continues to operate under the shadow of a persistent long-term downtrend, which undeniably leans towards a bearish narrative. The latest price action on YFI, echoing the broader market sentiment, paints a rather ominous picture. A key player in this tale is the 78.6% Fibonacci resistance level situated at $6100. 🔹Fibonacci...
From our previous analysis of this pair, we witnessed prices dip with a Bearish swing in place. With the completion of the last Bearish swing on the 1-hour chart, we are ready for the next. We can see the price begin to retrace towards our PB. When price comes into our PB, we will use our method to refine to a valid zone from which we will expect to see reversals....
In the preceding days, we conducted an analysis of this pair. Among the things we found on the first day of this week was that this pair was Bearish. Our analysis revealed that the market was heading Bearish to hit the 1 hour and 4 hour liquidity targets. Two days ago, on Tuesday, we saw the market go on to hit the 1-hour Bearish liquidity target. Even though the...
From our 4 hour analysis of this pair, it is clear that this pair is building up to continue it bearish dip. On the 3o minutes, we have begun to see clear signs of Bearish setup. We are now looking to catch a trade on this pair. As shown on the chart, I have created a trade setup. Entry will be at the break of the current low at 1.22431 and our profit target will...