A breakout of the key level of the JPY137 area on the 19th of April 2022 appears to be a bullish signal. In this regard a bullish momentum shall be anticipated as we go into the new week should we witness a significant retest of key level. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high...
We were able to close our last position on this pair with approximately 210pips (see link below for reference purposes) and now we are likely at a juncture in the market where another opportunity to buy appears to be evolving. The identification of a consolidation phase sitting on a strong bullish trendline on the 1H timeframe is probably a signal of a bullish...
As speculated in my previous speculation on this pair (see link below for reference purposes), in the last 24 hours, price action has began to express bullish opportunity as we witness a a quick rejection of the bullish trendline identified on the daily timeframe. For those who missed the buy opportunity that happened yesterday, It is pertinent that we take a pill...
Since my last publication on this pair, we witnessed over 7,000pips move (see link below for reference purposes) and the price is right back at where we were a couple of months ago. With a significant bullish trendline identified on the daily timeframe; we might want to be looking at a bullish expectation in the next couple of days as long the price does not break...
Reverse Head and shoulder formation at 12950.00. After the bullish run for the past three weeks, price retraced back to 13855.0 price level and at the same time making a 38.2% fib retracement at that same level. So my anticipation will be that price is likely to continue it's bullish movement from next week. Expecting price to reach the previous all time high at 16958.00
A follow-up detail on the GBPAUD that was published earlier this week (see link below for reference purposes) where we locked in around 70pips before price action took us out. Now we are at a very critical level (1.76) where a breakout of this zone (supply area) might incite a bullish continuation. However, considering the long-term bearish momentum on the higher...
It is obvious that since the beginning of March 2022, we have been experiencing what appears to be a reversal structure on the daily timeframe as there is a possibility that price might break out of the structure and set the tone for a bullish momentum in the nearest future. However, I am of the opinion that price action might first go into a correction phase...
With a key level identified at 0.74250 on the 4H timeframe; this level could be a yardstick that will guide us into the expected bullish momentum we are looking forward to if it finally happens. In this video, I have explained my doubts and expectation as price action is been monitored going forward. Risk Disclaimer: Margin trading in the foreign exchange market...
With an evident downtrend scenario on the 4h time frame. How can we take advantage of a sell continuation opportunity if it finally happens? Let's check this out together. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this...
A bullish trendline is identified in the 4H timeframe and this line also shares a confluence with a significant key level at 0.68250. We shall hereby be looking for a breakout of a reversal set-up for a signal to join the potential bullish trend. However, a breakdown/retest of key level might incite a risk of further decline hence the need to be very conscious as...
On this video I go a bit more in depth in the understanding of trend recognition and where we are with the price action on the Nasdaq. Happy trading! Linton
This is a follow-up on our USDCHF posted on Monday and Wednesday (see link below for reference purposes); Price hits stop loss with 60pips profit (an approximate of 175pips - 3positions) during the course of last week's trading session. We are expecting the price to continue into the supply zone identified on the daily time frame to close at our initial profit...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. LOOKING AT THE USOIL * The ENERGY is currently trading in an DOWN-trend , just consolidated, tested the roof of this structure . - Short term the ENERGY is currently at the supply zone could go lower so looking for possible continuation with the bears. - Looking for SHORT entries on the THE CRUDE this...
Hello Traders The AUD.NZD has been trending long for a while on the daily time frame, but there's a pullback. The pullback on the 4 HR time frame seems to be a bullish fag. If the price breaks the flag to the upside, it could indicate a trend continuation. I will update this post idea and see where the price moves. Until then, happy trading. Samantha
Hello Traders, The EUR.USD has been falling on the daily chart for a while, but has also formed a bearish flag on the 4 HR. If the price breaks the flag to the downside, it could indicate a trend continuation on the daily time frame to the downside. I will update this post idea if my bias is correct or not. Until then, happy trading. Samantha
Price action moved over 250pips move in our direction to hit profit target since my last publication on this pair (see link below for reference purposes). With a simple technical structure on the weekly chart; It seems that the New Zealand dollar’s mini-rally appear to have come to a halt, as NZD/USD pair posted slight losses during the course of last week's...
A buy on the lower timeframes on GBPJPY. Trend broken on the lower timeframes and cooling Russian situation for the moment can bring us higher to 154. Risky trade but a good risk to reward!
Price retraced back to support zone and is now possibly rejecting as resistance. Resistance zone is also at 38.2% Fib retracement on 4H. If 4H rejects expecting trend continuation rest of his week to downside to complete Daily analysis of Double Top. Still in Bearish Trend. Still Bearish Market Structure.