wheat prices went perfectly to the zone which i had previously marked down, after displacing the upper zone. now waiting for an entry, i uploaded what i think could be a future push up.
expecting a retracement in the POI marked, if 1558.24 is displaced analysis is invalidated. we will wait to see some good lower structure movemets to enter short
I wont' spend too much time explaining my thoughts about this pair. The above chart illustrates in a nutshell my expected predicted projection for EURUSD - around 3rd week price to be around 1.03 Now let's take a closer look at some of my thoughts. Jumping over to the daily. Reasons to be long include: Stochastics Oversold RSI Above 50 Bullish...
Starting with the 4hour chart above, price action currently trades just above the 1.38 handle. As of writing this article, there are still lots of bullish indications in play such as the ascending channel, RSI above 50, and price action above the 200SMA. == DAILY == RSI Divergence Maintaining Bullish Channel Trading Above 200 SMA ( Bullish Sign) ==...
Price moved back to supply and is rejecting the area. I will be looking for price action to go lower considering the HTF bearish state, however, anything is possible, hence the need to emphasise good risk management.
Gold created a double top on a monthly timeframe and then broke out of the neckline which tells us that the trade reversal is a very strong one. we're expecting it to drop down to the next support zone which is 1400. on the weekly timeframe, we can see gold break out of a dynamic support trend line then go down to the monthly timeframe neckline, reverse to hit the...
!!! Copy and Paste the links below to see the charts i'm referring to in TradingView !!! On the weekly we can see how price this past week opened and rallied higher into the Weekly SIBI and then afterwards nuked lower attacking PWL , and if price breaks below 3720 then I would like to see the SSL as the DOL for the upcoming weeks. On the daily we can...
== Key Takeways == * Wait for pullback to enter on 4 hour timeframe * First target ascending level of resistance * If we manage to trade back into the previous channel, monitor the 200 SMA on both the daily and weekly for continuation to the upside * Monitor inflation figures this week with CPI on Tuesday and PPI the following day on Wednesday.
Hey guys! I want to do this more often so maybe every Monday // beginning of the week I can take the time to record me explaining my bias so I can journal as well as share why I see the market the way I do so that way It's both a learning experience for me and whoever else stumbles across this! I want to this this so I can also keep track of my bias beginning of...
There are lots of reasons to be bullish Gold and in today's top down analysis, I'll give you my full technical outlook and when I think is the best time to enter and potentially exit this trade. Let's start by taking a look at the 4hr chart above. The first thing I notice is that Stochastics is in the overbought territory which makes me hesitant about buying...
Hello Traders It's me again Opizzlefx. I have spotted a good selling opportunity for NZDJPY and if you have this pair in your watchlist, i recommend not to miss it. I have gathered all my informations right from the Weekly timeframe and i noticed that it is ready to make that big corrections to the downside. Thus going to the lower timeframe like the 4 Hours...
Hello Traders. It me again Opizzlefx with another analysis on EURJPY Impulsive phase spotted on EURJPY. This is a good buying opportunity that you shouldn't miss at all. Trade wisely and if you need more analysis feel free to drop comment or message me privately
Hello Traders My name is Opizzlefx and i have been trading for quite some years and i want to impact traders using my years of experience in the financial market. Kindly follow me for more. EURGBP 4 Hours Chart Projection showing good opportunity for a SELL. After gathering my information right from the higher timeframe like the WEEKLY Timeframe. Price is...
Hello Traders This is EURGBP 4 Hours Chart Projection which has been trending to the downside for quite some time now, making series of lower high and lower low which is visible on the weekly chart timeframe. while on the lower timeframe, i spotted a good opportunity to move price to the downside. If you like my analysis, kindly follow me and like this...
Hello Traders Thank you for viewing my Analysis. This is USDCHF 1 Hour Chart analysis, After gathering my information right from the Higher timeframe and coming down to the lower timeframe. I observed that the bigger timeframe is projecting a CORRECTIVE MOVE. And within this correction on the weekly timeframe, price made an impulsive move and we shall be...
Hello Traders. My name is OpizzleFX from Forex Optimal. This is my view on USDCAD 1 Hour Chart analysis, i started the analysis right from the higher timeframe gathering all my information to determine where the market will heads to next. I am expecting a corrective move which is visible on the 1 hour timeframe. Price still shows a good buying momentum but any...
Hello Traders. My name is Opeoluwa aka Opizzlefx and i have created this video to explain my view on AUDCAD and my projection. I started my analysis from the WEEKLY timeframe gathering all my information that i need to make a decision on the lower timeframe. If you need to understand this simple method just message me privately. Thanks for Watching Regards