Here we have BTC/USD on the 4H chart.
BTC/USD has been trading the downside considerably after a peak ignited a correction of the 16th January. Price has recently been trading within a structure since between a side-wards resistance line, and a horizontal support level that has recently come into play.
Price has bounced on horizontal support. ...
Hi traders, I hope you are all having a nice weekend. Here is a nice trade for next weeks trading.
Here we have USD/JPY on the 4H chart.
Price recently had an impulse up move, and then an downward correction. The downward correction stalled when price hit the Fibonacci key retracement support level. With this in play, and knowing that we had a previous impulse ...
Here we have EUR/AUD on the 4H chart. I am seeking a long set up.
Price recently had an up impulse after a big down move followed by a correction. When price corrected upside resumed and a key resistance zone was broken.
Price is scheduled to complete its impulse measure move at 1.5740 level. When price hits this level I am expecting a correction ...
Today we have an excellent opportunity for Dollar on the 8H chart with a trend bottom. I really like the look of this set up!
Price hit the 1.414 Fibonacci extension leg, hit horizontal support, and hit the channel support level simultaneously. There is so much structure support at current level that it is definitely a good idea to look for a buying ...
Traders I recommend reading this entire post so that you fully understand what I have done to come to my analysis.
NZD/USD looks like a long opportunity on the 12H chart.
After analyzing this pair, I discovered that price appears to be moving in patterns. Price seems to have an impulse leg, and then has a corrective leg which measures approximately 124 pips ...
Hi traders, hope you're all having a good weekend.
We have a potential setup forming for AUD/USD on the 4H chart with a breakdown trade.
This could be an excellent shorting opportunity. I have tested a few hypothetical trading scenarios that could come into play when the FX market opens later. Each time, I have got over an 1:2 Risk to Reward.
When analyzing the ...
Traders I recommend reading this entire post so that you fully understand what I have done, and how I have came to my analysis.
BTC/USD looks like a long opportunity on the 4H chart.
After analyzing this pair, I discovered that price appears to be moving in patterns. Price seems to move up, have a corrective move, and then move up again, exceeding the previous ...
Hi traders, I hope you all had a wonderful weekend.
I am expecting EURNZD to fall. Price is currently at a long term high, and is showing topping behavior. Coupled with this, price is showing a very compelling dark cloud cover and is showing a short in the bigger picture, expecting further downside.
The pair GBPAUD looks good for a buy setup. Use your tested trading strategy to determine the buy and sell levels.
Strong reversal candles at Fibonacci extension expiry level, I am expecting an up impulse when structure is broken,
Watch this one for a sell. The pair looks weak after the weekly session open provided a bearish kicker, and downside has continued since. Last week, price was resisting on the Fibonacci key retracement level, and the moving averages, and since has had a LL just showing further weakness.
With a tested trading strategy profiting from this move will be ...
Halcon Resources currently looking like a great opportunity for upside movement.
Price action showed a compelling morning star signal supported on Fibonacci retracement support and 50 moving average. Price is about to break a sideways resistance. Looks like a longer term 3 wave ABC move, of which I expect the move to be very very strong here, and ...
NZDUSD looks extremely weak. The pair is under major moving average, Fibonacci retracement resistance, and there has been a death cross in the moving averages suggesting short term weakness.
Lows to be expected. The move down will be fast.
Hi traders, I hope you're all having a good trading week.
The pair USDJPY looks good for a buy. I am expecting the morning star signal to confirm whilst simultaneously breaking the sideways resistance. This move looks to be either a corrective or impulsive leg. Either way, with your own tested trading strategy, you can easily profit from this move.
The pair USDCHF will have downside. The pair looks weak as price action hit the sideway resistance, and has followed through and broken below the sideway support level. I am expecting a down move here, in the form of a corrective or impulse leg.
GBPTRY looks great for downside. I am expecting a move down to the localized structure. This could actually be a small 3 wave pattern in the making, I guess we will all soon find out.
The pair GBPAUD giving a high probability short into the lows, in the form of a 3 wave move. I am expecting a break of the sideway support line (as outlined on the chart) and a continued breakdown into the lows into the support zone where it could bounce. I expect this down move to be an impulse.
Like and follow all my ideas to motivate me to ...
Hi guys, and I hope you all had a great weekend.
NZDUSD looks good for some downside. I am expecting a move to the lows of the range. The price should break down, correct, and then have another down move where I expect price to finish at the mean price level. There is also lots of structure at the mean price level so this is a good indication that the target we ...
GBPCAD looks good for a buy setup. Price recently hit horizontal support, where there was multiple reversal candles. Price broke sideways resistance, and I am expecting more move to the upside. It could be a corrective or impulsive leg, either way the move will be nice.