Hello my friends, Another setup to trade is CADCHF pairs. As you can see CADCHF moving inside a descending channel for the last 2 months. I don't see any pattern to confirm a breakout yet. As long as price inside this channel, we will only look to sell. There is a double top pattern and price currently retracing at 61.8% fibonacci level. Exactly at this area,...
Hello my friends, Today i found a nice setup on EURCHF pairs. As you can see there is a possibility the recent downward movement looks like a bullish flag. The downward movement also stop at 61.8 fibonacci retracement so i think we will see upwards movement again soon. Our target will be the recent top of EURCHF at 1.0885 This is simple analysis and don't need to...
Hello everyone, As you can see EURJPY has been moving in a sideways direction for the whole December. It is moving in a tight 80 pips range and i think we might soon get a real buying pressure. If you look at the daily chart, EURJPY previously broken above an inverted head and shoulders pattern. The measured objective of this pattern count should be around...
Hello everyone, GBPAUD pairs gonna be my 3rd trading plan for next week. This pair trading plan gonna be like GBPNZD. Both of it aiming for a potential downward movement to fill the gap. This gap have now been left open for 2 weeks. It is not fully closed yet and i think we could see it sooner or later. The best place to enter sell will be arond 1.7900-1.7920...
My second trading plan for the next week is GBPNZD pairs. As you can see there is a gap which has not been filled for 2 weeks. It's quite a big gap and i think it will be fulfilled sooner or later. GBPNZD finally broken below the ascending trendline which supporting it since 15th December. I am now waiting for price to retest that trendline before taking a sell...
Hello everyone, We're going to start the first week of 2021 soon. I am going to share all my plan for this first week to you all and hopefully it will be useful to all fellow traders here. My first trading plan is EURCAD pairs. As you can see price currently in an ABC correction inside a downward chanel. There is an area of confluence support at 1.5570-80 level...
Hello my friends, For today i am gonna try buying XAUUSD. It has been long since i trade XAUUSD because there is no good setup to trade yet. Finally i found something interesting on the 1hr chart of XAUUSD. Price currently hovering above the 200-EMA and i think it will served as strong support for XAUUSD now. EMA-200 already hold XAUUSD for 2 weeks since price...
Hello everyone, USDCHF also on interesting level to sell as well. As you can see 0.8900 acted as weekly resistance for now. We might see price rejected to the downside so a sell position looks favorable. Notice also the last 4hr candle also a bearish pinbar candle so i am pretty sure bears in control for now Sell USDCHF 0.8890 Stop loss 0.8925 Take profit...
Hello my friends, Another setup for today is CHFJPY pairs. I found price moving towards strong EMA-200 support. It looks like a double bottom pattern or bullish flag pattern in the long run. Buy CHFJPY 116.45 Stop loss 116.00 Take profit 117.15 (1.5R) RR Ratio 1 : 1.5 Use only 1-2% risk Good luck
Hello my friends, I found a very interesting setup for EURUSD. The recent 4hr candles formed three white soldiers pattern which is a bullish pattern. I think we might see EURUSD continue upwards in the coming days. Right now price retracing a bit and it will be a good opportunity to enter buy. Buy EURUSD 1.2200 Stop loss 1.2150 Take profit 1.2300 (2R) RR ratio...
Hello my friends, This is the last week of 2020 and i hope we could book some profits before this year ends. It has been a hella ride for this year and the market was in high volatility through the year. After marking our support and resistance zone you will find out that 103.60 has acted as strong support previously. It could turn into strong resistance for...
Hello my friends, Another setup coming to you. I've already posted NZDCHF, NZDJPY, XAUUSD, and CADCHF. The last trading plan for next week is EURCHF. I am using 4hr time frame for this analysis. As you can see the recent upwards movement could be labeled with Elliott Waves count and i think we're pretty much done with Wave-3. This is now a corrective wave which...
Hello my friends, Another setup for next week is NZDCHF pairs. As you can see there is an inside bar pattern on this pair right now. I think we could pretty much see price continue to go up because NZD is bullish. It is supported by the EMA which is below the price so we will only look to buy this pair. We could also use an assumption that this upwards movement...
Hello, my friends, Another trading plan for next week is XAUUSD. Gold pretty much moving inside a downward channel for now but i think we will soon see price breakout from this downward channel. This looks like a bullish flag to my perspective and if it do breakout, we will see price going up towards 2200 area. As you can see, i've marked daily support and...
Hello my friends, Another setup for next week is NZDJPY pairs. As you can see NZDJPY pretty much bullish since breaking above the 5 months flag pattern. For me, there is still further upside for this pair. The measured objective of that 5 months flag pattern was around 800-900 pips in my opinion. We could see NZDJPY continue to the upside until 76-77...
Hello my friends, I hope you all enjoy your weekend. I will share my trading plan for next week and i hope it gonna be useful to everyone. The last few days CAD was so weak that i think it could fuel furher weakness. All the major pairs was strenghtening against USD but only CAD going into other direction. My first plan for next week is CADCHF pairs. As you can...
Hello my friends, For today i saw an inverted HnS pattern on EURCAD pair. This pattern occurs on 2hr tf so it might be a bit small in range but worth to try. We will keep it simple with only price action, you can see price broken above the neckline with a solid candle close above. The candle looks like a bullish pinbar so i think this is a confirmation candle as...
Hello my friends, Another trading plan for next week is EURGBP. After price breaking above the descending trendline, this pair has gone up aggresively and i think there is still more to it. Right now price retracing a little bit after going up for around 240 pips from 0.8980 to 0.9230. This retracement is only a healthy correction as long as price hold above...