on DAILY: EURSGD is sitting around a resistance zone in blue so we will be looking for objective sell setups on lower timeframes. unless price breaks it upward aggressively, then a bullish movement till our next resistance in purple would be expected. on H1: this pair formed an objective trendline in red, and it is now forming a double top pattern. So we are...
on DAILY: EURNZD is approaching a strong support/resistance zone in blue so we will be looking for objective buy setups on lower timeframes. on M30: this pair is still overall bearish making lower lows and lower highs, and it is now forming a trendline (not valid yet). so we are waiting for a third swing to form around it to consider it objective and enter on...
as expected, price rejected our round number 10.00 and resistance/supply zone in blue. then price found support around our lower red trendline forming a new swing around it, so our red trendline is now valid and we are waiting for an objective break below it to sell Bitcoin long-term. meanwhile, price is retesting our 10.00 level again so we will be looking for...
we are still waiting for an objective break below our green trendline last swing standing (blue zone) to sell this one. keeping in mind that price can still test the upper red resistance/supply zone before going downward. but we will only look for sell opportunities on AUDUSD as price is approaching a rejection zone in red.
on DAILY: price is currently sitting around resistance so we will be looking for objective sell setups on lower timeframes on H1: price formed an objective channel in blue. we are waiting for a momentum candle close below our last swing to sell this one.
Sorry for the poor speaking quality, this was my first ever video analysis, so don't expect to much. Anyway, the AUDCAD is in a perfect zones parallel channel, so please wait for a confirmation before buying this.
Not everyone might agree with the long term Euro Zone bias, however for the ones that see failure - this could be the best pair ever.
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Selling the EURCAD at the lower curve , short term selling on a lower time frame ( 15 min ). Intraday trade. Lower probability . I saw this and took the opportunity. Even IF I get stopped out, I only loss for 10 pip. which is worth $39 for a reward of $97. So its a 1:3 RR. For a short term , thats consider to be ok already. Im ok with the risk. But if the price...