GBPCAD broke and closed below the support which became resistance. The market created fibo cluster at resistance level. Price is in the bearish trend since it's making lower lows in the descending channel. We expect bearish moves from the fibo cluster. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD is moving in the ascending channel. The market is consolidating on the 4 hourly chart. Price is likely to move down from the confluence zone: the resistance + 88.6% fibo and bearish harmonic pattern. We expect a pullback from the resistance level and the continuation of the consolidation. ------------------- Share your opinion in the comments and...
GOLD bounced off the resistance level and dropped below the reaction zone. The market created a pinbar at resistance, indicating bearish sentiment. Another sign is the double top on the hourly chart. The price failed to break above and close above. We expect bearish move following liquidity grab above the 2050 resistance because price did not touch this...
EURGBP makes higher lows and higher highs. It bounced off the daily support level. The market broke and closed above the resistance that became support. Price also broke the consolidation zone that will act as support. We anticipate a pullback to support and continue the trend. ------------------- Share your opinion in the comments and support the idea with...
AUDJPY is essentially consolidating following a huge selloff. It broke and closed above the descending channel. Price created a kill zone where we have a resistance + bearish harmonic pattern, dynamic resistance, and fibo 78.6% level. We expect a bearish move from the kill zone. ------------------- Share your opinion in the comments and support the idea with...
Silver pulled back to resistance and 50% fibo level. If the market fails to break through the resistance level by creating a false breakout, we can sell from the confluence level. We anticipate a retest of the support level since we have a price drop from resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
UKOIL is trading in the descending channel, making lower lows. It pulled back following the divergence at the support level. Price is testing the resistance level, which creates a kill zone to short the market. We anticipate a trend-continuation trade. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
GOLD is making new highs and higher closes. The market is creating a rising wedge. If you notice, the market is moving in a momentum-pause-continuation pattern. We expect a bullish move to retest the resistance and potentially further move up north 127.2%. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for...
GBPUSD is in a bullish trend and ascending channel. The price is pulling back to the kill zone where there is support and 50% fibo level. On the 1 hourly chart, we can see a price that broke and closed above the previous resistance. We expect a trend continuing. ------------------- Share your opinion in the comments and support the idea with a like. Thanks...
AUDNZD is currently testing the structure resistance level by completing the AB=CD pattern. It's decelerating while approaching the resistance. The market created a divergence and double top at the resistance. We expect a pullback from this resistance level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
What is timing in simple words? Timing is the time when you SHOULD trade the market. It is very desirable to trade on the market when the market is active, i.e. there is increased volatility, which in turn is associated with any time factors affecting the activity of traders. Timing must be taken into account by almost any trading system, starting from scalping...
GOLD is making higher lows and higher highs. The market broke and closed above the resistance at 2000 that became support. The market is pulling back to support and the 61.8% fibo golden zone, which is the confluence level. We anticipate a pullback and the continuation of the trend, potentially retesting weekly highs. ------------------- Share your opinion...
USDCHF broke out of the ascending channel , which was essentially a pullback of the bearish trend . The market created the breakout pullback continuation pattern. Price is making lower highs and lower lows, indicating potential consolidation. We expect a pullback from resistance and channel border . ------------------- Share your opinion in the comments and...
EURAUD has been making lower lows in the descending channel. The market made shallow lower lows meaning we might see pullback. If the market pulls back to the kill zone where; resistance, dynamic resistance and 38.2% we will wait for sell opportunity. We expect a continuation of the bearish trend. ------------------- Share your opinion in the comments and...
GOLD market is making lower highs and lows. It tested the resistance level at 1990 and sharply bounced off it. The market created a shorting opportunity where we have resistance and a 50% fibo level that line up with it. If the market pullbacks to a resistance level, as you can see, the price makes big red candles vs. small bullish candles. We anticipate a...
USDCAD is moving in a descending channel, and it's pulling back to resistance at 136500. Price action is making lower lows and lower closes, indicating a bearish trend on the 1 hourly chart. We might see continuation of the bearish trend from the confluence zone where we have fibo golden zone dynamic resistance and channel border. ------------------- Share...
EURNZD has reached structure resistance in the ascending channel. The market is in consolidation, and most likely, the price will bounce off the resistance zone because it is decelerating. Pullback from the killzone is expected: structure resistance + dynamic resistance and Fibonacci 161.8% extension level. ------------------- Share your opinion in the...
GOLD is trading in the descending channel following a drop from the resistance level. The market broke and closed below the reaction zone and then went sideways. We expect a trend-continuation trade, potentially reaching 161.8% fibo extension level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!