EUR/NZD M30 Bearish Channel: Prepare for Potential Selling Opportunities The EUR/NZD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined bearish channel pattern. This pattern suggests ongoing downward momentum and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel: As...
Hello Friends, I'm back with another gold analysis. Market is trapped between level 30 and 24 and is oscillating in 70 pips range. Above 30 we have level 37 then above it 47, in case market were to go down demand levels would be 16-12 and level 2008. *Note that level 37 was tested yesterday and it would be second time being tested if price gets there. Today's...
Possible Gbpcad Trade scenario enter with ltf confirmation if taken direct entry manage risk properly 1:2-3 RR Indicator based SMC approach Follow and like for more setups. Avoid taking trades during high impact news.
On 17th January, supply exceeded demand. So, the support line has been broken. The time will prove, whether: 1) Nifty will retest this level and fall further. or 2) Nifty will breakout this level and trade in the upward channel again.
Possible CADJPY trade scenario look for ltf confirmation if taken direct entry on 4hr timeframe manage your risk properly 1:2-3 RR Indicator based SMC approach. Follow and like for more setups.
A bearish triangle pattern has emerged on the NZD/JPY 30-minute chart, signaling a potential decline in the pair's value. Key Points: 1. Triangle Breakout Pattern: The pair has been consolidating within a triangle formation, characterized by converging support and resistance lines. This often indicates indecision before a decisive move. 2. Sell Entry...
USDCAD Create a 1H demand zone, considering 4H buy sentiment i expect a continuation to the upside to take out 1.34921 liquidity. Also USDCAD had gone extreme hence exposes to a taking risky potential long term buy , it may react to 1.35424 - 1.35047 potential supply zone.
Hello everyone, I invite you to check the current situation on BTC in pair with USDT, taking into account the four-hour interval. As you can see, the upward trend line marked in yellow has been broken, and currently we can designate a local downward trend channel using blue lines. Going further, using the fib retracement tool, we will determine the supports that...
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD...
In the GBPNZD market, the price has retraced to an area of significant supply on the 4-hour chart, coinciding with an internal daily resistance level. An anticipation of a selling market is prevalent in this region. It's worth noting that the overall sentiment remains bullish on lower timeframes. A prudent approach involves closely monitoring the structure on...
USD/JPY M30 Triangle Breakout Hints at Potential Upswing A bullish triangle pattern has emerged on the USD/JPY 30-minute chart, suggesting a possible shift in momentum towards the upside. Key Points: Triangle Breakout: The price has been consolidating within a triangle formation, characterized by converging support and resistance lines. This consolidation...
Greetings, fellow traders! In the context of EURJPY, a discernible pattern is emerging as the price unfolds within the confines of a rising wedge. Notably, this pattern is converging towards a prospective supply zone, coinciding with the culmination of a harmonic bat pattern as it reaches its D leg. Anticipation of a market shift towards selling becomes more...
This video consists following contents - 1. Identification of Support and Resistance Zone 2. Identification of trend of the chart This chart is only for educational purpose, and there is no buying selling recommendations. Do your own research before taking any trades
This is my Weekly Outlook of the index, NASDAQ 100, via top down analysis. Please leave a comment, as I would love to receive feedback from viewers. Thank you for watching. May profits be upon you.
Hi guys, I'm back with another analysis on gold , Market reacted to my levels from previous analysis. Now new levels are available for both short and long trades. Market is moving up now and there are multiple supply levels available some fresh and some tested before. level 32 is our immediate supply level, following that we have level 43 then 47 and higher...
The audio didn't record in the last one, so here is an update. G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor....
Sell Entry:038580 (Now) Stop: 0.85929 TP: 0.85552 (RR = 2)