Hello everyone: Last JPY pair on my watch is AUDJPY which is also showing signs of bearish reversal development. After the price has hit the higher time frame highs, no bullish continuations. Instead, price reverse down with bearish price action on the lower time frames. Lower low, lower high to push the price down, and finally a strong impulse phase to...
Hello traders: Few of the JPY pairs I was originally looking at had some bullish development few days ago, but in the last day or so have develop more into some reversal bearish price action. Here on USDJPY, we can see price has formed into a nice Head and Shoulder Pattern at the top of the current price action. A previous swing high, double top as well to...
Hello traders: We can see GBPJPY's price is currently at the bottom of the overall HTF expanding structure. How price is developing at the bottom is the key to identify and confirm the possible bullish price action. We can now see a potential double bottoms, and a descending channel, good signs of the bullish reversals. Best to wait for price to commit to...
Hello traders: Few weeks ago I was more looking at AUDUSD to continue the bearish trend to the downside. However once it hits the higher time frame previous lows, price failed to continue lower. Instead a bullish reversal impulse phase up on the lower time frame, and formed into a inverse Head and Shoulder reversal. Good signs of bullish price action. We...
Hi traders: Similar like AUDUSD, here on AUDJPY its showing us the same reversal price action. After hitting the previous lows, no further downside from the price, instead a sharp bullish reversal impulse up. We can now see an inverse Head and Shoulder developed, and currently forming the right shoulder. Same approach to look for confirmation would be waiting...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
Possible price retest of complete zone before heading back up, or break bottom of the zone. Looking at a potential long setup!
Hi everyone: Few weeks ago I was more looking at the JPY pairs to continue its strength and bearish move. Instead last week we slowly see some reversal development across the market. To be what I see now on CADJPY is price did not continue after having a strong bearish impulse on the lower time frame. The correction that I thought would be bearish...
Hello traders: Also seeing further strength from NZD pairs as most are show clean signs of reversal price action. Here on GBPNZD, after price hits a previous swing highs as a potential double tops, we see a "M" style pattern reversal as well as a rising wedge reversal structure. All these are good indication of a bearish reversal in the making Latest...
Hi traders: After an exhausted bearish price, it seems to me now most AUD, NZD pairs are looking to have reversals in the market. We can see a possible HTF swing lows, and price on the lower time frames formed into a descending channel reversal. All good bullish price action in the making. Good to look for bullish continuation correction for the the next move...
Hi traders: After the bearish drop from last Friday, originally I was more looking at some bearish possibility and further downside. However, over the weekend price slowly recovers and many coin ended up forming bullish price action and begin its bullish reversals On SOLANA here, price is still in the larger, higher time frame correction. A recent double...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. USDCAD: 2 positions closed down for +1.16% profit Full analysis/forecast: NZDCHF: 2 positions closed down for -1% loss Full analysis/forecast: NZDUSD: -1%...
I cant provide the full analysis because trading view asks to be in a 15 minute chart. But i will explain why do I think is going long. So we had a price inefficiency on 2 minute time frame when the price went to mitigate that gap made a really good and valid SC so im just waitng that price mitigates that to indeed go bullish.
After breakout the descending channel price got ranging through an ascending triangle so we expect that the price break up the triangle and goes up. One more thing , we've extended our stop loss and put it on a safe place. R/R.R : 2.24 Do not forget to like and follow.
We see that the price didn't convincingly break that major High so i can only assume that momentum is staying Bearish. I want to see a break of structure on that down and pullback to the upside making a higher low so i can enter the trade.
Hello traders: USD seem to be exhausted and many of the USD pairs are looking to lose strength across Here on USDCAD price failed to form bullish continuation after breaking previous highs, instead an ascending channel reversal was formed. It then was follow by a bearish impulse on the lower time frame, and breaking out of the ascending channel now. Good...
Hello traders: GBPUSD is currently in the descending channel on the lower time frame, as while as in the larger descending structure on the higher time frame. These are good bullish reversal price action that we are familiar with. We can see there is some bullish move developing on the lower time frame already. Be on the look out for bullish continuation...
Hi traders: EURUSD has move down for quite a while now, and finally we can see some bullish reversal price action in the making. After hitting the previous swing lows on the higher time frame, price formed into a descending channel and a strong bullish impulse up on the lower time frame. Latest development give us a nice bullish flag correction, and as well...