DX1💥4H-TIMEFRAME ANALYSIS
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NZDUSD TRADING BULLISH on this analysis we saw a bigger pattern from previous correction and then price broke-out from the large correction and form a continuation correction to continue the trend
#WHAT AM I EXPECTING:
am waiting for a continuation pattern around 2 reaction zone
#HOW DO WE ENTER:
if continuation pattern form get in on the break of ltf...
Was looking at UCAD for a short, however USD (though at a good resistance level w.r.t technical analysis), shows fundamentals that appear to be bullish tomorrow. What this could mean for this pair is that when USD strengthens, the pair will move higher. As for now, I'm paying attention to how this pair reacts to this S/R zone and how it will react to the news...
Hey Traders, in this session we're monitoring EURUSD for a selling opportunity around 1.1598 area, i'm bullish on USD this week for most pairs, once i will notice any bearish confirmation the trade will be executed.
it's very necessary to take money management in consideration in this type of trades since market movements are more violent on bigger frames...
USDSGD broke above its descending trend line and is sitting on a key support area at 1.32000 - 1.32100 where we could see a pullback to test this area and further upside after. Looking to play a bounce above this area to resistance targets at 1.32580 area and 1.32820 area.
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The USD is gainig strenght due to the weaknesses of other economies and the increase of covid cases all arround Europe, we expect that this trend will continue until the European economy recovers, on the technical side the silver looks really bullish but the funadamentals demand a short, we short the silver cautionly and knowing that if it breaks the 23.75 level...
I am placing a buy here with the bulls on NZDUSD because here after careful review, trend analysis and pattern recognition on the 1hr time frame for entry I have identified an SHORTING opportunity for the NZDUSD pair with confluences to match. Take a look at my analysis I would love your feedback. My trades a specifically for intra day trading I am completely out...
