GBPUSD we have a weak bullish range here which makes sense as all fo our over pairs linked to this have shifted bearish on Friday, BUT as always GU is doing its own thing until its ready to run a high or low. Still looking for a bearish break overall but until we shift either out higher or lower in this pair. Remember to always read order flow and follow what...
Us-Oil did not play into our bias and shifted lower causing us to lose a 1RR but we have now seen a shift into a possible bearish move here on OIL so we will look to follow that, NOW oil has really not been playing out that well over the last few weeks so we will be using caution following this bias. Remember to always read order flow and follow what price is...
Nas100 was fully bullish until Friday we had a break down of our last swing low bringing us into a sell side bias, although we have see a shift lower the break was weak and didn't carry a huge amount of momentum. as well as not putting in a new swing structure (SWL) we are waiting for this new sell side range to confirm before taking any trades on this one....
With no true BOS up on this pair we are still looking to track this lower out of our sell range we have here on UJ, as always whatever price delivery is giving us we will follow... for now we are only within our sell range so we can expect this to stay in line with that narrative. Remember to always read order flow and follow what price is showing you instead of...
With no true BOS up on this pair we are still looking to track this lower out of our sell range we have here on UJ, as always whatever price delivery is giving us we will follow... for now we are only within our sell range so we can expect this to stay in line with that narrative. Remember to always read order flow and follow what price is showing you instead of...
In the lower time frame (compared to the main analysis), we have more reasons for a long position: RSI status, good volumes, excellent support, hammer candle and confirmation candle later 🤩
Sounds dramatic, I know. :-) We see where price got rejected near the Centerline (white). We see that price broke the little (blue) shelf which inflects with the orange Centerline. So, orange Centerline is broken too. According to the rules of the Medianlines, we can expect a pullback to it. And it would be a little Gift to enter Short, or load up the...
EURUSD was unstoppable this week: the market formed a huge high momentum bullish candle on a weekly time frame, violating a major horizontal resistance. From the beginning of the year, the pair was forming a bullish accumulation pattern setting equal highs and higher lows. The violation of a resistance is a very important bullish signal. It will most likely...
Hey Traders! 👋 For Day 44/100 of our challenge, we will look at where the bearish Dollar will go to next Technicals: - 190-day range broken to the downside - Closure below support - Next key level is 99 - Expecting 99 this coming week but can potentially struggle to close below it Fundamentals: - With a soft inflation print last week and also highlighting...
Hey Traders, in the coming week we are monitoring DXY for a selling opportunity around 100.250 zone, DXY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 100.250 support and resistance area. Trade safe, Joe.
As I already mentioned, I expect a bullish movement on Dollar Index next week. That will inevitably affect all Dollar - related instruments. GBPUSD is one of the most overbought pairs. Next week it will drop - sell. Please, support this signal with like!
Hey Traders, in the coming week we are monitoring USDCAD for a selling opportunity around 1.33100 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at1.33100 support and resistance zone. Trade safe, Joe.
After the CPI report this week, Dollar Index dropped rapidly. Ahead, I see a confluence zone based on a completion point of a harmonic abcd pattern and a horizontal historical key level. From the underlined blue area, I will expect a bullish movement at least to 100.58 level. ❤️Please, support my work with like, thank you!❤️
I guess you saw how bullish GBPUSD is. The pair is unstoppable for more than 2 weeks. However, analyzing the price action, I spotted 2 harmonic bearish abcd patterns: the bigger one and the smaller one. Their completion points almost much and compose a potential reversal zone. From that, I will expect a correctional movement. Goals will be 1.3 / 1.29 ...
Forex: Dollar and Swiss Franc It has been stuck in its own downward channel for more than 250 days. After 6 consecutive days of decline, on the last day of the working week (yesterday, Friday), Nan has given a good reaction to the midline of his descending channel, which according to the status of the RSI indicator, which is in its oversold zone, can be more...
dollar and yen It has exited from its very good 112-day ascending channel, but it has reacted well to its 128-day support and has now entered the pullback channel. When the market opens, wait for the confirmation candle and pin bar to open the right position. Don't forget capital management and compliance with risk to reward. Good luck and profitable.
We expect that ONT can show a breakout of 322% in the coming time on different trend reasons as we did explain before. The whale increase volumes go in 95% of the time in 1 or 2 candles increase with low time frame. It's interesting for us to follow ONT to see if this expectation will play out. WE expect that a whale breakout is going to happen on ONT out of...
The previous .786 entry got stopped out at much lower prices with a tight stop and now we are showing potential for reversal again at the 1.272 Fibonacci Extension and PCZ of Potential Bearish Butterfly as the RSI goes well above the last overbought reading. Given the scenario, I'd say it's worth trying again with a stop above the next Fibonacci extension.