DenCapitalFX

DenCapitalFX

Hey traders! Hope everybody is doing well! Let's have a look on EURUSD 4H timeframe. We have clear trend to the upside. On this particular week our minimum was at 1.1952. My main daily support level for the past 2 weeks was 1.1900 and we didn't hit this target but were very close to. According to the trend direction to the upside - MY MAIN TARGET IS 1.2300! The...

DenCapitalFX

Hey, I got some interesting setup on AUDUSD. To be honest with you, I do not trade this pair but decided to take advantage of it. SO my TP is 1.7700 some psychological level.

DenCapitalFX

Let's have a look on USDCAD. Firstly, what is the nature of the market? Clear descending channel on 4H timeframe, which means that reversal is coming. But nobody want to trade against the trend, right? We have created the minimum at 1.2600 and from that point price starts to move very hard to the upside for +- 130 pips. The structure (descending channel) didn't...

DenCapitalFX

Hey traders, how is everybody? Nice to share with you my perfect entry on EU. Beautiful rejection from my daily support. The new formation of HL was formed already, but I was waiting for more confirmation. And here you have the next impulse to the upside and break of my intraday level of resistance at 1.2150. Then waited for a simple retest of the structure and...

DenCapitalFX

Hey guys! Let's have a look on GU of 4H timeframe. Now we are sitting on the main level of resistance (4H and Daily as well). Gonna wait for new impulse to the upside according to our trend. But on a Daily timeframe we can notice ascending nature (channel) and we know this is reversal pattern. So the new impulse to the upside should appear and then wait for a...

DenCapitalFX

What the end of 2020 in Crypto world! Starting from 2021 it is a lucky change to step in crypto market! Nobody says that we are looking only for LONG lol but XRP is now good region to buy! As you can see new impulse was already formed. And now we got potential new HL formation and very strong level of support at 0.2550 (psychological level). Personally me - will...

DenCapitalFX

Hey traders! Hope you are doing well! I got interesting level of 1.3400-1.3380 from the last week. This is our main region of support for now. For me this is still bull market on GU . Hope today that region would hit but as you can see it didn't happened. We got a rejection from 1.3450. On 4H timeframe the new impulse to the upside was already formed. So...

DenCapitalFX

Hey traders! I still have the holidays and will try to come back after one more week or so. Need to give the market some time to find the better direction, but analysing the market today, I got some simple setup on Daily timeframe on GOLD. According to my previous 2 posts on GOLD - they played very well. And now I would like to introduce my main level of support...

DenCapitalFX

Hey Traders! Marry Christmas to everyone! Hope you had a good weekends and ready for the week ahead. Just made a short outlook on the few currency pairs and just stopped out on this one EJ. From the nature of PA - the chart is very clean. Daily timeframe. Huge impulse to the upside was already formed. The formation of HL was formed as well. The correction is a...

DenCapitalFX

Let's have a look on GBPUSD. We just have a big range. Resistance - 1.3515 - 1.3470. Three main support levels: 1.3300, 1.3200, 1.3100. For now my main picture on chart on GU is not changing. I add nothing and want to see the same scenario which I mentioned 3-4 weeks ago. As you can see we already hit ALL of our support levels before, but the range is a range. So...

DenCapitalFX

Hey traders! Hope you are doing well! Today I would like to pay my attention to EU. MY main resistance level was 1.2200-1.2240. We got false breakout on Daily and 4H timeframe which is OK, to be honest with you - it usually happens lol. My first support region will be 1.2100 (psychological level) and if price will break that level - it is a straight way to 1.1900....

DenCapitalFX

Hey traders! Hope you are doing well! So it is a high time for me to start looking for short GOLD. On the previous posts I mentioned a big correction to 1900 from my daily support region and now finally we are there. The main focus for now - the 4H timeframe and we need to see how the price will close. If we will get the engulfing candle from that region - my...

DenCapitalFX

I wasn't so active on GOLD for about 2-3 weeks. But just want to share this picture with everybody. Don't forget to check out my Related idea about GOLD. I was hitting on my main target at 1900 area and now here you are. Thank me later. Cheers.

DenCapitalFX

Hey to everyone! To be honest with you - I don't trade the NZDCAD for the last few months, but now I noticed interesting setup. Actually we have the range which means we don't trade those setup and should be patient but on 4H timeframe we got a huge impulse to the upside and we already are above our MA50 on 1H timeframe. It looks like the range in ready to break...

DenCapitalFX

Hey traders! How is doing everybody? While I got a drawdown on my order with EA I decided to have a look on BTC pairs lol. The clear trend to the upside on D1 and H4. Let's have a look on 4H timeframe . Clear support level at 16500-16200. And two resistance levels at 18500-18600 and second one 19200-19500. So we got a range. I would like to try to short BTC from...

DenCapitalFX

Hey traders. Quick update on GBPUSD. Previously I mentioned about 3 main psychological levels 1.3300, 1.3200, 1.3100. On the 4H timeframe we e can noticed that we already hit our first support 1.3300. Personally me will wait for some pullback and go short into 1.3100. SO let's see how this will play out

DenCapitalFX

Hey community! Hope you are doing well! Let's have a look on GA today. Early I didn't make any posts about this currency pair but now I noticed very nice setup. GA 4H timeframe. Everybody can see H&S pattern and also double top formation (bigger picture). Then the price heavily broke the level of support and now became the resistance which you can clearly see on...

DenCapitalFX

I would like to remind here my resistance level on GOLD 1895-1900 . It starts to play out from my daily support level and almost finished with my resistance level. I am ready for a little pullback here just before continuation to the upside! So waiting for the last impulse to the upside!