USDCAD H4 - As mentioned in the above video analysis, we are looking for some confirmations from this support zone, a lower timeframe (H1) trendline break and retest would be good, some sort of double bottom with new highs set would be good too.
Last week EURCHF broke out of the indecision structure(ranging) it was in and made an uptrend market structure. What it is currently doing is a pullback. Im looking to enter on the retest of the previous resistance to turn it into a support and look for EURCHF to make a new high on the 4hr uptrend its in now and test the high of the previous downtrend it was in...
THE PROBABLE VS THE POSSIBLE This is how I think going into trades. There's 2 scenarios to every trade and I like to prepare for both of them to optimise on the opportunities in the market. Here I'm looking for a LONG opportunity. But a SHORT could easily be in play. I'm looking for confluences to make this trade more valid and in my favour! -Break and Retest...
FX:USDJPY waiting for retest till the zone end
NZDUSD on the higher timeframes is in a clear downtrend Price has recently rejected the HTF downtrend line with a double top (reversal pattern), visible on the 4h and below. Price then broke below the neckline but has respected an up trend line and is now retesting the neckline of the double top, which usually happens before a double top becomes...
Likes and comments if you want more trading setup. Thank you! Visit our channel! The price has reached the support. He responded positively to the support by forming a pin.
Likes and comments if you want more trading setup. Thank you! Visit our channel! SL: 76.899 The price has reached strong resistance. In 4H and 1H chart we have rejections confirming the sell.
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Today’s Chart- WANBTC – trading in a poll attempting to breakthrough local resistance Points to consider: - Below average volume - Volatility contraction - RSI bearish divergence - Failed breakout attempt WANBTC currently putting in a weak retest of local resistance after a recent failed breakout attempt Volume is clearly declining and remaining below...
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price is currently in descending triangle. One can wait for breakout. Let us know your views on this in the comment section. Thank you all. There is good news...
GBPUSD is trading in an ascending triangle pattern. It is now at the very support level of the ascending triangle pattern. One can initiate a long trend on pair with a stop loss just below the support line of the ascending triangle. But, if it breaks the ascending triangle pattern on the downside, we might see a fresh downside in GBPUSD, as it is also forming a...
Using the broadening wedge pattern to trade BTC here as a breakout trade. WIll consider going long if it breaks out above 7000 otherwise its a short
Wait for the price to retrace a little bit in 4hr chart then sell(look at chart) As i mentioned before Cad is gonna be weak in coming months
Double Top Maybe? Cad is gonna be weak coming months