We're in our direction as I predicted very well, that Canadian Dollar will drop, right now, today after the unexpected economic data that Bank of Canada was less aggressive that only jump 50 bps and not 75 bps, this was a kill movement that central bank it's less aggressive to hike interest rate We're in profit in CAD/CHF from yesterday that I entry in short...
In this par, we see that Canadian Dollar/Yen Japanese drop too like CAD/CHF. So, because as I share in the morning that we see a good opportunity to short CAD/JPY in the 0.782% fibonacci, after that, we see a bearish BAT Harmonic Pattern ,and that was a good choose to short Canadian Dollar. Now, the only udpate that I will modify here it's the target profit that...
• Since QQQ hit the previous top at $284, it corrected, and now it is back to its support level, around the 21 ema/38.2% retracement; • The trend is still bearish, and in theory, QQQ is supposed to keep dropping to the next support levels, like the 61.8% retracement; • By losing the 61.8%, there’s no other support until the $250; • However, if QQQ does a bullish...
In this analysis, Bitcoin it's into this bullish channel in H4 timeframe what the price it's being formed. And we're in the strong support that you can to watching in Daily timeframe or here in this screenshot that I share you: Based in this perspective, we developing a strong support what in 5 times the bulls are defend this level of $18, 980 USD. And also, we...
In this Daily timeframe, I show an interesting analysis that I found out in this perspective. Ethereum still strong in the support $1,264 USD. What bulls defending this level. Ethereum forming this descending channel in Daily timeframe since August, 15, 2022 and it's making higher low and lower low forming this market structure. But now, I believe that the price...
Canadian Dollar/Swiss Franc look bearish in this side as we see a clearly Shoulder Head Shoulder (a bearish pattern). Because what we see that the price doesn't make a support, did you know? a weak as it's show us in this moment. This it's not a bullish signal, it's mean a market trap in formation that we would need to be pending in this trade. What I'm bearish in...
I have a Bullish bias on Nasdaq! Some key points: -The descending channel has broken -Printing HHs and HLs -This time it does not look like a fakeout, as I have witnessed the fakeout behavior of NASDAQ twice in this descending channel. -Also, at the same time, we need to keep our eyes on the DXY as well.
Fundamental Analysis: 1. U.S. Treasury Yields climbed on Monday as investor remained concerned the FED would maintain it's ultra hawkish stance on fighting inflation despite economic data pointing to a slowdown in U.S. Business activity in October. 2. Investor will be watching closely at any indication from policy makers of a less aggressive approach regarding...
In this analysis, as I was shorting from $0.8655 CAD in the past analysis using Fibonacci and entry in the 0.382% that we see that would get a nice trade, but the price clearly forming a bullish channel flag in H1 timeframe and then, as I was holding this short position. I was in profit early about 46 pips in profit. But then, the price made a reverse in the...
In this review, I made an analysis in short position after this fundamental analysis that I told in the past to review again: 1) Britain's new Financer Minister Jeremy Hund on Monday scrapped Prime Minister Lizz Truss's economic plan, which had sapped investor confidence in Britain in recent weeks. 2) The British finance minister take decision to reverse most of...
I'm waiting for a lower time frame correction to continue the move up next wave up Thanks for reading AS ALWAYS TRADE SAFE AND STAY SAFE!
In this weekly analysis, we see another and possible crash of -42% in the price. And now, Cardano break down this descending triangle and we can to expect a pull back and then, entry in the short position following the projection. Also, for your recommendation don't buy Cardano in this end of tis bear market, starting to buy Bitcoin and hold Bitcoin or use part...
Welcome back! Let me know your thoughts in the comments! **AUDNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Australian Dollar/Canadian Dollar look bearish from this point. what it's a good place to put a sell order limit. Personally, I put my sell order limit to $0.8655 CAD. Stop Loss to $0.8692 CAD and take profit to $0.8564 CAD. We have the chance to get 91 pips in earnings. What I analyze this par using Fibonacci for reversion and impulse, and we could to have...
Short Call on FOREXCOM:GBPUSD GBP/USD has broken the lines! DXY is also at the support TL. Also, the RSI showing a bearish Divergence! Best of Luck! Your feedback would be appreciated!
Long Call on FX:USDCHF USD/CHF has been moving in an uptrend following ascending trendline along with printing HHs and HLs. Best of Luck! Your feedback would be appreciated!
Fundamental Analysis: 1) The British Prime Minister Liz Truss has a controversial economic plan, meanwhile the UK government will raise corporate taxes to help support dwindling government finances. 2) Sterling Pound gained on the news that UK will bring forward its tax and spending plans in a bid to reassure markets after the turmoil associated with the start...
Short Call on OANDA:XAUUSD Gold has been in a bear run, now it's testing its good resistance level. Also, testing a Golden Fib. Level. Trade your levels accordingly. Best of Luck! Your feedback would be appreciated!