GBPCAD recently form bearish flag pattern. And then break through flag , now retesting the broken flag. Will it continue its trajectory to downside?
I noticed that Ethereum was re-testing the neckline of an inverted head and shoulders pattern while at the bottom of a range and on top of support. Price provided an indecision candle on top of support as well as 61.8 fib. I anticipate that price will push back higher to retest a prz level. we have to get there first. It could begin with this purchase at a higher low.
I decided to publish a video about the recent trades taken and the aftermath. I believe that I see structure clearly, however my bias changes depending on the timeframe. I'll be ultimately bearish on Sunday and Monday, then decide I want to be bullish Monday night to trade up to the sell. I understand that counter trend trading is dangerous to the risk: reward...
Here is my latest structure analysis for USDCAD pair. Horizontal Key Levels: Support 1: 1.3260 - 1.3340 area Resistance 1: 1.3636 - 1.3667 area Resistance 2: 1.3765 - 1.3815 area Resistance 3: 1.3830 - 1.3860 area Vertical Key Levels: Vertical Support 1: Rising trend line Vertical Resistance 1: Falling trend line Consider these structures for...
Technical analysis of a potential breakout & trend continuation trade using price action analysis, Fibonacci, structure & volume to predict the direction of the breakout & the ideal location for placing profit targets. If you have any questions or comments about anything discussed in the video, please leave them below & before you leave DO ME A FAVOR & show your...
Welcome back! Let me know your thoughts in the comments! ** GBPNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
USDJPY is overwhelmingly bullish now that price has retraced on the Daily timeframe to form a Higher Low. From the top down its very evident that higher highs are on the horizon. There was some weekly indecision at the high last week at a strong resistance level. After a Daily bullish correction trendline was broken price retraced bearish to re-test the back of a...
Weekly momentum may suggests that intraday momentum is bullish. Last week closed out a very strong bullish engulfing from the low of a weekly range. However The Daily is currently at a key reversal area despite its attempt to create a higher high. The 4 hour has been uptrending with high highs and higher lows despite many weak bullish candles. I believe price is...
Yeah I believe that if price can start breaking down of the structure then 26k-25k are imminent. Although I’ll happily let the market prove me wrong if not anyway. Happy Trading !!!
Price has potential for the upside upon the retest of the broken previous high and the recently formed low, wait for lower timeframe confirmation to confirm the move.
Price has potential for the upside upon the retest of the broken previous high and the recently formed low, wait for lower timeframe confirmation to confirm the move.
Price has potential for the upside upon the retest of the broken previous high and the recently formed low, wait for lower timeframe confirmation to confirm the move.
Price has potential for the upside upon the retest of the previous lows recently created. Wait for lower timeframe confirmation to confirm the move.
Price has the potential for the upside upon the retest of the broken previous high and the recently formed low. Wait for lower timeframe confirmation to confirm the move.
Price has potential for the upside on the retest of the broken high and recent formed low. Wait for lower timeframe confirmation to confirm the move.
Price after reaching to HH started the downtrend and after heating the demand zone, started its pullbacks that created multiple LH. It seems the power of demand zone is decreasing (deep penetration in 26APRIL) and price started its consolidation.
this analysis helps you to take more clear decision about your trades. still we are in consolidation trend and any break can be described as fake break out, so take supply and demand zones valid and trade carefully.
Hey Traders! Today we're taking a look at a bearish trading opportunity on the GBPJPY. At heart this trade is a structure-based reversal trade but as you'll see in the video, to find our entries we're actually taking a continuation trade type of approach. - More reasons to throw out the names "continuation" & "counter-trend" Anyway, I hope you guys enjoy & if...