45pips running in profit at the moment (link below for reference purposes)... I still expect a retest of the neckline to incite a further decline in price. I shall keep you posted 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...
Remember we identified an inverse head and shoulder structure during the course of last week's trading session and we have been waiting for close to a week for the price to incite the reversal move. In this video, we have identified a set-up that appears to guide us into the potential wagon of bullish momentum but this requires a very conscious approach...
Daily/4h time frame analysis on Gold. Price action & structure. Potential scenarios & trading plan. ❤️Please, support this idea with like and comment!❤️
Nice looking sell opportunity if price presents itself Descending triangle Wait for TRENDLINE BREAK BEFORE Short
With over 700pips running in profit, it still looks ambiguous as sellers appear to be limiting the buy orders at this juncture in the market. Remember that a breakout of the key level at $1,945 still remains our yardstick for bullish momentum. Good evening Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks...
The appearance of multiple rejections at the 1.576 area coupled with a temporary breakout of the key level at 1.582 makes this zone a strong demand level. It is appropriate we remain patient as we look forward to a rejection of the key level for confirmation. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs,...
The identification of a reversal pattern around 0.695 area is a signal that there is a risk of a further decline in the price of the Kiwi. Find in the video how I intend to take advantage of the potential downtrend. I thought I publicly shared a publication on my bearish bias but unfortunately, I do not have it anymore, please bear with me. Risk...
Price is presently within the buy opportunity zone we identified during my last publication but we still need to be patient for confirmation details to buy the Gold as long as the price does not break down the bullish trendline. I shall keep you posted... Good Morning Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading,...
JASMY broke on into the party earlier than I expected. She is, quite the enchantress. --📈💃 Patterns, baby. Always patterns. My new weekly pivots. Watch out at 0.038
Finally, we have a breakout of key level and we should anticipate a confirmation at the end of the current retracement to take advantage of a potential bullish momentum. See the link below for the previous analysis. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable...
Weekly/daily/intraday analysis on USDCAD. Price action, structure. Directional bias and thoughts. ❤️Please, support this video with like and comment!❤️
As said in our previous analysis, price is heading towards our SELL zone which you can clearly see in the video. We're expecting another reaction in that area which should push the market down to our target levels. If you guys are holding any long positions make sure to watch out for reversal signals and close them in profit, or if you don't currently have any...
In a similar scenario to what we have on GBPUSD, the price is back into the trendline which was broken to the upside. I am hoping to see an uptrend continuation in the future. 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...
In the last couple of hours, we witnessed a retracement into the neckline of the inverse head and shoulder pattern identified on the 4H time frame and this appears to be a confirmation for bullish momentum if the price does not break below the bullish trend line. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs,...
Grand Rising Everyone check out the mark up for today move on gold
Despite breaking down the bullish trendline identified yesterday (link below for reference purposes), I am still very sceptical of hopping in hence there are two scenarios that we have identified to take either a sell or buy. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not...
GBPCAD is presently running with over 100 pips in profit and we are still within the demand zone. I am expecting a retracement where I might be presented with an opportunity to add to my existing position. You might want to check the link below as I walk you through my thought process prior to making the decision to buy the Pound Risk Disclaimer: Margin trading...
GBPUSD positions appear to be doing well at the moment as we currently experience over 70pips moving in our direction. But it's not yet a tangible reason to be excited as the current structure needs confirmation in the form of a retest/rejection of neckline @ 1.32 to the upside to seal the uptrend continuation. See my previous video on this for further details...