EurNzd has been respecting this ascending triangle pattern for the past month and i am looking for it to continue doing so for at least one more bullish impulse. Price is approaching a key level of 1.6900 and i anticipate price to react around this level giving us one more long opportunity. Price is still in a region where the longer time directional bias is still...
GbpNzd has broken structure of the higher time frames, 4hr, and gave us a heavy accumulation schematic before shooting to the upside quickly reaching an important psychological zone, 2.0000, before giving textbook corrective price action retracing into a key area near 1.9800. I expect price to rally from the zone between 1.9800 & 1.9750 and impulsing back to at...
For EurCad i am looking for a possible long position from 1.4750. This is a key psychological area and will serve as a great reversal zone Price accumulated for 3 months before exploding to the the upside touching 1.5000 before retracing heavily, so im expecting one more push to the upside aiming for 1.5000 one more time.
For this setup im anticipating seeing EurUsd trade slightly lower into the key psychological level of 1.7500. In terms of price action we are seeing a descending wedge pattern that is coupled with very noticeable divergence with our RSI, giving us a sign that price is losing downward momentum and can likely expect to buy to the upside soon. From this level, i...
for this analysis, im anticipating that if the 1hr buy setup fails, it will be likely that we see price come back to this key psychological level of 1.47500, which is also a 2hr order block zone. from here i'd anticipate another strong bull run that will support price all the way to the next major key level of 1.5000. an opportunity where i will be long at 1.47500...
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Business Analyst. Forex Day Trader. Piano player.
