With the upside impulse after the RBNZ keep the rate unchanged it might change the overall outlook, while other central bank planning to continue cutting their rate, this will attract buyers to buy the kiwi since technically its in the demand...
We are seeing sellers step in and ready to push the price lower toward 110.000 key level, with the recent descending trend line break out, we need to wait for a pullback to 112.500 daily pivot level to confirm a new resistance before placing short...
Based on the global structure we can see a big descending channel, where currently price are trade near the bottom of the support channel, when we look at the recent market structure bear are remain in control, short opportunity will only be valid if we can see a retest of the broken support 0.6700 with a high test candle...
With the upside impulse after the RBNZ keep the rate unchanged it might change the overall outlook, while other central bank planning to continue cutting their rate, this will attract buyers to buy the kiwi since technically its in the demand...
Following my previous long idea on US OIL, currently we are seeing an upside move as we waited for, can we a retest to confirm the long setup? link to my previous long idea attach below.
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Traders! if you like my ideas and do...
The current retest on 80.00 key level could give us a long opportunity to the next major level. look for low test candle before placing long trade.
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Traders! if you like my ideas and do take the same trade, please write it in...
Double top pattern printed within 110.000 level give us the opportunity to go short only if we can see a solid break below 109.700 support & resistance level.
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Traders! if you like my ideas and do take the same trade, please...
Currently we are seeing price traded above 0.8500 major level, can we see a bounce from this level again? we need to watch how the price action develop around this level as if sellers manage to break below 0.8500 level very likely short setup will be...
A strong decline since December 2019 recently got pause and decelerate above 7.6000 major key level and multiple rejection above the highlight area indicate a reversal move might happen, look for low test or engulf candle closed before placing long...
As we are seeing the strength of Cad recently it will fasten to form the short trade idea. as currently it is in a correction phase to visit 84.000 major level first before making the downside impulse move.
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Traders! if you...
A push that we have been waiting since last week finally take place on today's trading session, later on we will see the release of US weekly crude oil inventory can we see a further downside move?
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Traders! if you like my...
Oil consolidation mainly cause by the disagreement of Russia Energy Minister to the OPEC+ members for cutting the output oil production by 600k BPD. but last night the Minister announced they will hold a meeting today with domestic oil producers to discuss the OPEC+ deal. Market participants seeing some positive hope on this statement therefore we can see US OIL...
We are seeing sellers coming in below 0.9800 major level as i share the idea on yesterday post. link to my previous idea attach below.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we...
RBNZ leave the rate unchanged that affect the strength of kiwi dollar today. link to my previous long idea attach below.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the...
Hello guys, I'll keep this short.
Hope you all are making good profits in this market. Just FYI This is just the begining and Alts will show more positive price movements. BTC Dominance is falling which will eventually push the alts.
Coming back to the chart. We can see a Triangle breakout is incoming. Volume is increasing.
In the other hand, It has tried...
Although GBP pairs mainly move in ranges with the strength of DXY , GBPUSD manage to break below strong support area at 1.3000. now that the favor are on to downside move, ideally waiting for a retest of the broken support to confirm the new resistance will validate the setup. look for a high test candle closed below the highlighted zone before placing short...
1.3300 level still being respected and looking at today's sell pressure we might getting in the start of the long due "fall". link to my previous short idea attach below.
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Traders! if you like my ideas and do take the same...
Deceleration below major key level of 0.7350 give us a confluence that downside move might take place very soon. as we are also seeing a strength in CAD this setup ideally to hedge your BUY positions on any other CAD pairs.
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