According to our higher timeframe analysis price doesn't want to go higher. The harmonic may be a trap in the first place. We'll wait for the flag and use it as our reference to out short trade if it's broken downside. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck NOTES: -...
Market Commentary: LEARNING ELLIOTT WAVES IS LITTLE BIT TOUGH (FOR ME IN BEGINNING) BUT I TOOK IT AS A CHALLENGE AND THAT IS NOT IMPOSSIBLE ALSO... First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but...
My previous analysis of EURNZD Sell entry was to wait for a daily bear candlestick formation. We now have the green light. Entry: 1. Sell at retest of weekly downtrend line @ .8920 area. 2. Current price of 0.8897 Indicators: 1. Pair currently trading in downwards channel acting as resistance. 2. Daily Uptrend line has been broken with a close under it. 2....
I can see price has made a retest of the broken trendline while also looking to be bouncing from a support level too. As I have a SELL LIMIT in place on this pair at the 0.78 fib level it makes sense for me to be placing buys.
H4 Support clear to run if price action shows support.
Hi everyone: NZDCAD from my previous weeks analysis had price push down from a continuaton correction, but did not carry the bearish momentum downwards. Instead we see price begin to push up, and create this current structure, still a correctional pattern that can still confirm my higher time frame bias for the short. I do like to see a small correction now on...
Loooking Downside for reversal pattern, wathc Retest and sell. ThankYou
POTENTIAL LONG (BULLISH BAT APF) H1 (TF) *THIS PATTERN WILL VALID ONLY UPON COMPLETION OF THE PATTERN *W4C IS THE BEST WAY TO ENTER Abbreviations / Keywords: LTF - Lower Time Frame HTF - Higher Time Frame TF - Time Frame TRS - Trend Reversal Strategy CRT - Counter-Retail Technique / Break-out APF - Advance Pattern Formation W4C - Waiting for Confirmation LLCC -...
Hello everyone, here is the top-down analysis for NZDCAD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Rising Wedge Watch for sell on pullback near 0.8920 Please don't forget to FOLLOW , LIKE and COMMENT ...If you like my analysis:) Thank you and Good Luck!
The CADNZD was under the bearish domain was able to reverse and break through the strong resistance zone. I could expect a pullback and retest of the critical region to further bullish continuation, allowing the placing of a long entry with the following characteristics. The order: Type: buy-limit S/L: 22 pips - R:R | 1:2.5 - T/P: aiming towards the trendline...
Waiting for the 4-hour candle close for SHORT confirmation.