On the weekly timeframe last week proved the more sellers than buyers are currently in the market. I am expecting some more downward movement as we make our way to the 1.34000 level. We have a very clean set up on the H4 timeframe with price already breaking down below the support level and the trend line. Once we get a retest of the support level then we will...
On the weekly timeframe we are retesting the 0.70000 level which is a weekly support level. I will look for price to find support in this area and go back towards the upside. On the H4 timeframe we can clearly see that we are in a downtrend. If price manages to break the 0.708000 level then we will be going towards the upside. until then I will continue to...
On the weekly timeframe we can see the price managed to break through the upper level of resistance last week closing extremely bullish. We are now in a serious sell situation because of how over extended we are. On the h4 timeframe in order to take orders with the trend we will need for a pullback at least to the 0.92700. Until price gets back to this area I...
We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance, supply and demand...
We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance, supply and demand...
We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance, supply and demand...
We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance, supply and demand...
USDCAD: We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance, supply...
On the weekly timeframe we can see that price has come roaring back to retest the previous resistance level at 1.3900/ Once price retests this area then we will look for a move lower. Last week ended with some buyers exhaustion so I am looking for a reversal from here On the H4 timeframe I have identified the 1.38800 level as our main level of SR. We will wait to...
On the weekly timeframe we are seeing price is still between the upper resistance level and the lower support level at 0.90500. Last week ended with an inverted hammer candle which normally signals a sign of reversal from here. In order to continue to take short opportunities on this one we need to wait for another LH point to form on the H4 timeframe. We can...
Last week we had a stop out on GBPJPY but it just means we got in a little bit too early. On the weekly timeframe we can see that price has been retracing to the upside but overall we are in a downtre.d we are currently in a ponteital weekly LH zone which means a huge move is upon us. Last weeks candle closed with lower volume to the upside and a wick so buyers...
On the weekly timeframe we are heading downward as expected from last weeks analysis. We are going to be testing a level of support around the 1.245000 level. Last weeks candle closed bearish with a slight wick so I am anticipating a pullback here before going lower. On the h4 timeframe we can clearly see that th trend has continue bearish and we have halfway...
On the weekly timeframe we can clearly see that price rejected the 1.30000 level which is a key level of resistance. We are in a bit of an uptrend on the weekly timeframe as of the last 8 weeks or s breaking resistance and retesting as support. But with retesting this resistance level we can assume that price could reverse from here. Back to the lower level of...
On the weekly timeframe we can see our lower support level is at 1.34000 level and our upper resistance level is at 1.42000 level. Right now we are not close to the zones so we will make plays in anticipation of reaching these areas. Last week surged back to the upside but we are now testing a resistance level at 1.38000 so I will look for potential short...
On the weekly timeframe we can clearly see that price is between our upper distance level at 0.92500 and the support level at 0.90500. The final candle last week closed bearish and started pushing to the downside. On the daily timeframe I have outlined how I believe the trend is forming based on price action that we are seeing. It is like yhtat price continues...
On the Weekly timeframe we are still lining up a short opportunity that we spotted last week. We are looking for price to reverse and go to the downside. We are currently testing a resistance level at the 151.650 level. On the Daily timeframe we can see how the trade is already lined up. Last week closed with a spinning top candle on the final day signaling...
On the weekly timeframe we have rejected the lower level of support and are back to a level of resistance that we previously rejected. With the amount of buying pressure coming in we could see a break of resistance here. On the daily timeframe we have two potential opportunities as I line up my trades. Just below the 0.70500 level there is a resistance level...
On the weekly timeframe we can see that price has nosedived into the support level. last week closed very bearish and I expect to retest the 148.500 area before seeing any type of reversal. On the H4 timeframe we can clearly see that price is heading in a downtrend to the lower level. W e are already rejecting the 149.600 level which is where I would take shorts...