EU oh look another sell side swing range with a rather large space above, oh and liquid gathering above our highs almost as if we have seen this in nearly all our other USD related pairs this Sunday! In short we are looking for a bearish move due to our range we sit in but of course we aren't expecting a run higher for then a full drop lower as our range is...
GU if you haven't already noticed has been falling like a stone from last week, now of course you will see this is pretty much the same moves our other pairs have been making, giving us a nice uniform correlation and with this we are looking for it to line up if we do reverse with our other prediction. Of course it is not something we actively seek to do which...
XU is currently sitting in a monster range, we have tracked this thing bearish for the best part of last week, while we expect a bullish move we do have a few blocks stopping us from possibly shifting up into our upper 50% of this range. firstly we have a minor SWH that will act as an internal protected high that could let us find an entry to go higher if we...
UJ giving some of the cleanest price action from Thursday and Friday leading us into what we have now which is a swing range to go lower, now we can clearly see we are sitting close to the SWH and have created liquid above the relatively equal highs BUT overall we do want to see some lower prices, if we don't take the high at open and we break down lower id be...
USDCHF has recently provided us with an ending diagonal, signalling that the bottom is in. We are now looking for a retracement. The deeper the retracement, the better! Trade idea: - Watch for lower timeframe reversal patterns to indicate retracement has started - once entered, taper positions as we move lower towards the bottom - The longer term trade will be...
– Previous Weekly candle closed weak Bullish at 1925.400 forming a Rejection to the upside around 1947.400, Friday Daily candle closed Bullish forming Daily Support around 1919.100. – Buys on close above 1928.300 targeting Daily Resistance formed around 1933.800, Leaving Runners to the Weekly Resistance formed around 1940s. – Sells on close below 1923.900...
Here is my latest structure analysis & key levels to watch next week on EURUSD. Horizontal Structures Support 1: 1.0630 - 1.0635 area Support 2: 1.0516 - 1.0545 area Resistance 1: 1.0717 - 1.0737 area Resistance 2: 1.0755 - 1.0775 area Vertical Structures Vertical Support 1: Lower boundary of a falling channel Vertical Resistance 1: Upper boundary of a...
Though the pullback throughout the week till fomc, we see that USD still made higher high,trend still intact,just take note of the overhead R **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups...
Space is a important concept to understand as can be played in numerous ways from different angles At the moment theres no space on XRP 3d chart between the 9ema and 200ema. Or relatively little. I think of this like the theoretical big bang. Once something is too condense then expect an explosion at some point where asset price volatility expands out. Not...
The amount of money that is now used in gold, is high compared to the last time we reached the 2050 range. Last time we went down much faster and touched a bottom around 1600 range, which was a lower low after a higher high at the time. The retest on 2050 was last May and since then little volume has been lost, which means that we may even experience a new ATH...
Hey Traders, in the coming week we are monitoring USDJPY for a buying opportunity around 147.5 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 147.5 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.9 zone, USDCHF was trading in a downtrend and successfully managed to break it out. currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Trade safe, Joe.
USD/JPY - H4 Chart - Rising Wedge Pattern formation Price need to Break the Trendline and Retest wedge Pattern and after strong Reversal formation, we take entry. Always wait for strong Conformation in Short term for entry. 👈👈👈 If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never...
Here is my latest structure analysis for USDCHF. Resistance 1: 0.910 - 0.915 area Support 1: 0.899 - 0.902 area Support 2: 0.893 - 0.895 area Support 3: 0.886 - 0.888 area Support 4: 0.874 - 0.878 area Support 5: 0.869 - 0.873 area Support 6: 0.855 - 0.858 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like,...
Hey Traders, in the coming week we are monitoring NZDUSD for a selling opportunity around 0.59600 zone, Currently we are waiting for a breakout and dips below the 0.59500 support area to see a potential retrace of the trend towards more lows. Trade safe, Joe.
The USDJPY pair is trading inside a Channel Up since the January 16th market bottom. The last Higher Low wasn't only supported at the bottom of the Channel but also the MA100 (1d) and Fibonacci 0.618 level. This is what happened on the August 2nd 2022 Low, when the pair was again trading inside a long term Channel Up. Trading Plan: 1. Buy on the current market...
Hey Traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.23800 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.23800 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.06900 zone, EURUSD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 1.06900 support and resistance zone. Trade safe, Joe.