Hello Guys, EURAUD, just like EURNZD (See analysis below) in my speculation is poised to continue the bullish drive. However, there might be a bearish opportunity that will form the retracement for the bullish drive. Price is trading at a key level from where the retracement might start. However, if the price would just wick above the previous high, I would love...
Hello Guys, Let's break down EURNZD together... On the monthly timeframe, we can see that the bullish rally is meant to continue as the retracement seems completed. On the weekly timeframe, you will notice that price formed relatively equal highs (buy-side liquidity) which as you will know attracts price to sweep it. You will also notice that last week's candle...
Hello Traders, Just like my EURCAD analysis (inserted below), GBPCAD has also aligned on the monthly, weekly, and daily timeframes. Just like EURCAD also, GBPCAD did not trade into the weekly order block before the daily chart printed a bullish price structure and as I stated in my EURCAD analysis, it is not necessary. GBPCAD printed a bullish CHOCH on the daily...
Hello Guys, EURCAD price movement is one which is of great interest to me and is on my radar. The monthly, weekly, and daily structures are all aligned for a bullish rally. You'd notice that the price, however, didn't get to the weekly order block but it doesn't necessarily have to because price has formed a bullish price action on the daily chart hence the...
Hello traders, AUDJPY has printed 2 weekly bearish candles in the retracement of the bullish move on the weekly chart. Also, you will also notice I have marked out the weekly demand order block which I am expecting the price to get to. I'm looking to join in the bearish continuation once the price trades into the weekly supply order block. The blue line you see...
Time to be focus now guys. August in. Let me tell you what I'm seeing: - We are in between 2 liquidations poins (bearish-purple / bullish-green horizontal bars) - My Indicator (Stop Loss Identifier): red and green lines getting closer after test on bullish SL without strenght to pop - My Fibonacci Retracement Levels Strategy: Golden Pocket (orange lines)...
From few days market is moving side ways in downward direction; and right now market made support here and tries to move upward from here and break the downward trendline if price successfully breaks the trendline and 1st resistance then we can expect a bullish markert. wer can open a buy trade when the market comes for a retest.
EUR/CAD returned to the Fibonacci 0.618 level after the previous uptrend, reaching a significant support and ascending trendline. From here, I expect further upward movement towards higher key levels. On lower timeframes, I'm looking for confirmation signals to go long. 1D: If you find it useful, like, follow, share! Happy trading!
Analysis is against the trend and risk ..........................................
Pair : AUDUSD ( Australian Dollar / U.S Dollar ) Description : Bearish Channel in STF as an Corrective Pattern Break of Structure RSI - Divergence Completed " 1234 " Impulsive Wave Demand Zone
Hey Everyone, We got the break above the channel and 1976 which followed with a nice push up during Tokyo session allowing us to take profit for 50pips. However, the full gap to 1993 was not complete and now open. Price has now dropped back into the channel breaking 1976 towards 1963. 1963 zone is also inline with the channel half-line and will likely provide...
The AUDNZD reached a significant support level that corresponds to the Fibonacci 0.618 level. The price reacted to this level, so I anticipate it will resume its upward movement towards higher levels. If you find it useful, like, follow, share! Good trading!
Pair : DXY Index Description : Completed " 1234 " Impulsive Wave Divergence Impulse Correction Break of Structure Descending Triangle in STF as an Corrective Pattern
hello, I would like to keep things as simple and clear as possible without too many stories! blue zone = demand zone - from where I expect it to grow or at least to have a reaction purple area - supply area - from where I expect the price to decrease or at least to have a reaction liquidation point = for the order flow to be respected, the price must take over...
The EUR/USD is currently in a long-term uptrend, which leads me to anticipate a breakout to the upside from this pattern, potentially retesting previous highs. However, if the ascending trendline were to break, it could lead to a retracement towards significant support levels seen in the past. Good trading! If you find it useful, like, follow, share!
The price is moving in a descending channel and has reached its upper part, breaking the ascending trendline, so I expect further decline to lower support levels and eventually to the bottom of the channel. Good trading! If you find it useful, like, follow, share!
Dear Traders, USDJPY just tapped into a strong daily demand order block which should trigger some bullish price action. If you recall earlier this week, I posted that the dollar index is likely to commence the bullish rally so this should be expected. Below is the dollar index analysis. Follow me for more updates. US DOLLAR INDEX ANALYSIS Cheers, Jabari
Hello Traders, I just want to bring this trade outlook to your notice. Price recently swept the buy-side liquidity and created sell-side liquidity. With the current bullish rally, the price is approaching a daily FVG. If the FVG will hold and the price shows a CHOCH in the 1-hour timeframe, I would take a short trade to hunt the sell-side liquidity as drawn in...