This pair is currently in a multi-day 4hr range and sitting on top of a weekly zone around 1.70366. A weekly zone means a large push whichever way the market chooses (I hope it continues up). So let's enjoy this week's move. Hopefully this is the week it performs a breakout. BULL TPS: • 1.70968 • 1.71684 If it breaks the daily zone…. • 1.72830 • 1.73672 ...
First, this is nice that it's sitting on a weekly key level. Second, where price stopped also looks to respecting a major level of structure according to the daily. I'm looking for another short overall. But, as we know, price does what it wants. So if it does decide to perform a pullback into a continuation, those TPs are in place too. BEAR TPS: • 139.698 •...
This pair actually has been fun. It's spent multiple weeks in consolidation just to do it up massive uptick that made me so proud. Then it pulled off this beautiful short, that actually looks like a giant pullback at first glance on the higher timeframes (daily, weekly). When it hit the daily key level zone at 1.54626 and bounced off as support, it actually...
This pair looks like it's setting up for a bull rally further up this week. We were in a lengthy consolidation period. This may be the week after seeing this juke move that we do the climb up. Gonna play this out and see how it want to make the most of this false breakout. BULL TPS: • 1.82712 • 1.83971 • 1.85170 BEAR TPS: • 1.81321 • 1.80812 •...
I actually took this trade last week when I saw a harmonic setup while cruising the charts. This harmonic may still be respected this week. Scaled up to the daily and saw what looks like a giant inverse head, neck, and shoulders forming. So TPS are based on both the harmonic and when the move may be complete. BEAR TPS: • 1.72928 • 1.71914 • 1.70498 BULL...
Hello traders and analysts; What can we see? On the Commodity currency side 0.740x targets in AUDUSD were hit- but then after a new high, the Dollar came into play during new york to provide some fresh liquidity. The GBP also saw some pullbacks against the Dollar and Yen alike to create some discounted buys for bulls. The order flow is in effect. The concern...
Hey all! Been a bit under the weather recovering from injury. I'm resuming weekly trade analysis each Sunday on what swing trades I'm paying attention to throughout the week. Here's how I view the charts: I'm looking to see if I can find the price's overall move for the week with each pair. TPs will be posted based on how far I think price will move before it...
BTCUSD looks overvalued when measured against Gold XAUUSD. Divergence can be seen on the weekly chart from two different points in the past. There is also a gap that has formed in the BTC futures market that also needs to be filled. So i'm hoping these two factors combined will offer a pullback in BTC to at least fill the gap somewhere between $9,500 -...
We are in a point of major resistance on EUR USD. Price has reached the confluence between major trendline and resistance level. I'll wait and see what's the next move of the price before taking action. What is your opinion about EUR USD? Please LIKE this post if you agree with my idea. THANK YOU!
Looking Very Potential Buy Trade Setup ThankYoU
Daily Chart on the left side After the drop it had nice recovery, followed by a sideward movement which the index left in the last days Passed through the resistance at 12’556.21 (horizontal line) and at 12’572.12 (76.4% Fibonacci Retracement) Golden Cross a few days ago Weekly Chart on the right side Uptrend since a few weeks 50 MA turned back...
Good day trader, I hope you have a great day ahead and start off your day with a good trade! Start off with EURJPY, as shown on the chart above, you can see a break of an upward channel. Therefore, bear is most likely to take place and before a strong bearish movement, a correction is expected to take place. We will be looking for sell opportunity at 50% and...
This looks to be in the process of forming an inverse head and shoulders pattern. So will trade with the move over time. I actually want it to go bullish, but we need a strong confirm for that to happen. So let's what happens. I also have to update my map. That's why you don't see the zones just yet. BULL TPS: • 1.69934 • 1.71040 • 1.71708 BEAR TPS: These...
Good day traders! Wish you all have a pleasant weekend and do enjoy yourself and happy trading! XAUUSD H4 timeframe, on last Friday, price has strongly rejected the trendline and EMA 55 (as expected) and break above 1765. Coming week, we believe that gold would continue its bullish rally to 1800 (ideally) due to fundamental news and technical analysis....
Wow! What a nice trendline bounce we had last week! Looking for some more action this week by seeing if we can keep the bullish pace up to the monthly level or make a return to the weekly zone, but this time to break through the trendline and let the bears take over. Now I am seeing a potential double top trade for the short when we reach the first bull tp. But...
From the daily timeframe, it looks like a giant pullback for the bull. But I need to wait for it to hit my zone to get a confirm if that's what I'm looking at. Until then, move with the trend. BULL TPS: • 1.24148 • 1.25035 • 1.26343 BEAR TPS: • 1.23018 • 1.22306 • 1.21150
This is looking like a potential key level trade setup for the bull. Waiting to see if we can get that magic 2nd touch before take-off, or will we keep on tanking for a continued short. BULL TPS: • 133.397 • 134.960 • 136.093 BEAR TPS: • 131.803 • 130.777 • 129.549
Good day traders! Wish you all have a pleasant weekend and do enjoy yourself and happy trading! USDCAD outlook. Last week, price has finally broke above the monthly resistance and retested EMA 55. After price retested EMA55, often time, price would reject EMA and retest the nearest price structure, for instant, the monthly resistance, which potentially turn into...