GOLD bounced off the support level. Price tested the support level and rebounded last Thursday. It might make the same move. The market essentially made a false breakout of the support level at 2150. We expect the price to go up to the retest channel border. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for...
CHFJPY is making higher highs and higher closes, indicating a bullish trend. The market broke and closed above the 169.000 psychological level, which became support. We expect a retracement and bullishness following a retest of the major resistance level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPAUD created a bearish harmonic pattern in the ascending channel. Price made from this resistance level before, which is psychological level as well. The market is consolidating at the 4-hourly chart. We expect further consolidation and a pullback from the resistance at 1.95000. ------------------- Share your opinion in the comments and support the idea...
GOLD is trading in the descending channel. Price broke and closed below the reaction zone. There's a kill zone level where resistance level 38.2% fibo perfectly lines up with it. The market is creating the AB=CD pattern, or equal measured move. We expect a bearish move to complete the AB=CD pattern. ------------------- Share your opinion in the comments...
AUDNZD is currently testing the structure resistance level by completing the AB=CD pattern. It's decelerating while approaching resistance. It created a divergence at the resistance level. The market reached the strong resistance level on the D chart. We expect a sell-off from the resistance. ------------------- Share your opinion in the comments and support...
NZDUSD is trading in the ascending channel, and it created the bullish harmonic pattern. On the 4H timeframe, the market is essentially in the consolidation zone. There is a kill zone for a long opportunity at support and the 88.6% fibo level. We expect a bullish move to 50% fibo retracement level. ------------------- Share your opinion in the comments...
Bitcoin is consolidating between support and resistance levels. The market is likely to retest the resistance level and possibly break through the channel border. We expect a retest of the resistance level following divergence or a sideways move. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GOLD could not go higher and failed to break through the resistance level. It broke and closed below the support level; breaking the channel, and it will most likely go down further. Price action is trading in the consolidation zone. It retested the resistance following a channel breakout. We expect the support zone to be tested. ------------------- Share...
USDCAD is printing a bearish harmonic pattern in the ascending channel. Price is creating an equal-measured move on the hourly chart. The market is consolidating at the D chart, and it has bearish momentum. We expect further consolidation, meaning bounce-offs between consolidation borders. ------------------- Share your opinion in the comments and support...
AUDUSD is near the major support level on the 4-hourly chart. Price action is decelerating while approaching the support level and 141.4% fibo extension level. There's a high chance that price bounces off the support if price creates a false break. We expect a bullish move following the completion of the AB=CD. ------------------- Share your opinion in the...
Lets look at the basic model of manipulation for the purpose of accumulation and distribution within separately taken time periods the power of three. Understanding this model is a fundamental skill for working through the methodology of trading disciplines such as swing, short-term and intraday trading. ✴️ WHAT IS THE POWER OF 3? The power of three is a...
GOLD is currently trading in an ascending channel. The market pulled back to the support level and 50% retracement level . Notice that price action approached the level by printing small candles with deceleration, indicating that there's no strength. Price action is likely to pullback from the support level since price reacted to this level...
AUDCAD rebounded multiple times from the psychological level of 0.89000. Price is trading above it. The market created a bullish flag pattern on the 4-hourly chart. It is consolidating, meaning the price is coiling up before extension. We anticipate the continuation of the current trend. ------------------- Share your opinion in the comments and support the...
GBPJPY market broke and closed above the psychological level at 188.000. Price action has been making higher highs, but it's pulling back to support and the 38.2% fibo level. It rebounded from the 50% retracement level and broke the structure. We expect a retest of the major resistance level since the trend is bullish. ------------------- Share your opinion...
GOLD created a bearish harmonic pattern where the D point is at the border of the channel. The market slowed at the 127.2% fibo extension level. The market is testing the resistance and dynamic resistance levels, where we have confluence to short the market. We expect a rebound from thecounfluence levle and a retest of the support...
NZDJPY is creating a harmonic pattern where the D point completes right at the resistance level and fibo golden zone. Price is approaching the previous high, where the market dropped. The market created a kill zone where we have a harmonic pattern, psychological level, fibo extension level, and upper channel boundary. We expect a bearish move from the Fibo...
EURNZD is in the consolidation zone following the drop from the resistance. It is creating the AB=CD pattern. Price is testing the resistance level and the 50% retracement level. The market is coiling up before the new expansion. We anticipate a breakout of the consolidation zone and a trend continuation, completing the AB=CD...
EURCAD pulled back following the divergence. It created a pinbar on the D chart, meaning level rejection. Price action is consolidating around the psychological level of 1.47000. We might see a sharp move down if the price breaks and closes below the support. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...