The weekly timeframe the pair has returned to the line of the massive channel of which it has broken out.
The 4 hour and 1 hour time-frames both point to that the pair in on a decision level.
there was a false breakout on the 4 hour chart and now I am long biases.
If the daily candle closes below the level, then I will be shorting the pair mid-term assuming...
Eur/gbp pair might present a local long opportunity with a small stop, hence giving a good risk reward profile.
Should the price action go the way it is shown by the arrows the first target is certain to be hit, so unload half of your position there.
I will update the idea in case that happens, to assess the setup and decide wether to hold the position further...
Monthly Chart: At a monthly resistance area 1.85389 after being on solid uptrend. Currently Monthly Candle is a large selling candle but this could just be a pullback. With only a few more days left in the month, I will have this pair under close watch knowing we are at a key monthly area
Weekly Chart: Price recent burst above the resistance area before...
Hello and welcome to my Trade Idea of the currency pair USD/CHF.
Let's start with the Top Down Analysis.
Monthly: The monthly timeframe is in a clear downtrend.
Weekly: Weekly is bearish too.
Daily: On daily the price goes up and down (LL,HH,HL,LH) but generally the chart is bearish.
H4: We see here a counter trendline. We expect a push to the low...
Hello and welcome to my Trade Idea of the currency pair NZD/USD.
Let's start with the Top Down Analysis.
Monthly: The monthly timeframe is bearish.
Weekly: Weekly is in a downtrend too.
Daily: We can see a reverse since march 19th.
H4: On the h4 timeframe we draw the counter trendline. A push to the lows is expected.
Have a nice day.
Hello and welcome to my Trade Idea of the currency pair EUR/USD.
Let's start with the Top Down Analysis.
Monthly: The monthly timeframe is in a strong downtrend.
Weekly: Weekly is bearish too. From February 24th to March 30th there was a massive price action.
Daily: If we don't go back too far on the chart we see a LL, HH, LL and a HL. This confirms the...
Hello and welcome to my Trade Idea of the currency pair GBP/USD.
Let's start with the Top Down Analysis.
Monthly: Monthly is bearish.
Weekly: Weekly is in a downtrend.
Daily: Daily is bearish but the price has retracted.
H4: There is a counter trendline. We see a push to the low.
Have a nice day.
Hello and welcome to my Trade Idea of the currency pair NZD/USD.
Let's start with the Top Down Analysis.
Monthly: We see on the monthly timeframe a strong downtrend.
Weekly: NZD/USD break the low from 2015 and retraced itself a little bit to the upside.
Daily: Daily is bearish too.
H4: Here we see a counter trendline and a breakout. We expect a push to the...
Hello and welcome to my Trade Idea of the currency pair AUD/USD.
Let's start with the Top Down Analysis.
Monthly: The monthly timeframe is bearish.
Weekly: We see on the weekly timeframe a very strong bearish trend.
Daily: Daily shows a push to the upside.
H4: On the h4 timeframe we can recognize a counter trendline and expect a push to the low.
Have...
Hello and welcome to my Trade Idea of the currency pair USD/CHF.
Let's start with the Top Down Analysis.
Monthly: Since march 2019 there is a downtrend with stagnation from july to november 2019. On december 2019 there was an imense bearish price action with a huge candle that closed under the previous lows.
Weekly: We see on the weekly timeframe a beautiful...
With the current U.S government stimulus investors may gain confidence , even though it may be short lived . With that once BTC breaks through the first resistance/support price zone we can see it retesting that price zone to make a mark up to the 10,000-9,000 price zone... Or BTC can continue on a steep down trend and If So BUY MORE for the future!!! ;)
Hello and welcome to my Trade Idea of the currency pair EUR/JPY.
Let's start with the Top Down Analysis.
Monthly: We recognize on the monthly timeframe a strong downtrend with normal pullbacks.
Weekly: The weekly timeframe is bearish too and now we see a push to the upside with 4 green candles in a row. That can be a opportunity for a sell.
Daily: The daily...
Hello and welcome to my Trade Idea of the currency pair EUR/USD.
Let's start with the Top Down Analysis.
Monthly: We see on the monthly timeframe a strong downtrend.
Weekly: The price touched the weekly bearish trendline. Overall the trend is bearish.
Daily: 1. The daily timeframe shows a head and shoulders pattern. 2. The price retested the trendline. 3....
Happy Monday everyone!!
After screening my chart this afternoon, i saw that there is interesting sell signal on Euro / Yen especially at the bigger time frame. Is it possible of the bear take in charge now? hmmm.. Might Be!! but lets take a look what information market currently gives us.
Monthly Time Frame
- Downtrend line potential 3rd touch
- Support...
Hello and welcome to my Trade Idea of the currency pair NZD/USD.
Let's start with the Top Down Analysis.
Monthly: The monthly timeframe is overall bearish but the last months are strong bullish.
Weekly: The last weeks are bullish.
Daily: We can recognize on the daily timeframe a bullish trend.
H4: We draw the counter trendline on the H4 timeframe. We see a...
Hello and welcome to my Trade Idea of the currency pair GBP/USD.
Let's start with the Top Down Analysis.
Monthly: We see on the monthly timeframe overall a bearish trend but the last months are bullish.
Weekly: Weekly is bullish too.
Daily: Here we see a trendline and because of the gap the market is under the trendline but the market can turn for two...
Hello and welcome to my Trade Idea of the currency pair USD/JPY.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is bearish. As well there are huge bearish candles in the past.
Weekly: We see on the weekly timeframe a pullback to the trendline. I think that the trendline will hold. Overall is the trend bearish.
Have a nice day.
Hello and welcome to my Trade Idea of the currency pair USD/CHF.
Lets start with the Top Down Analysis.
Monthly: We see on the monthly timeframe a very strong trendline . The huge monthly candle from december broke the trendline a little in the violent fall. But this is not too bad if you come to the bullish arguments from the weekly timeframe .
Weekly: On the...
