The market is heading toward the resistance zone after a triangle breakout. FX:USDCHF made a strong bearish move on the 4H timeframe. Overall, the market is pulling back after an impulse move. Price action made the impulse move from the resistance level before, and now the market is heading toward that resistance level. I expect to grab liquidity near the upward...
The price perfectly fulfilled my last idea. It hit the target. FX:EURUSD is pulling back after the retest of the resistance zone. The price is moving sideways. Price action made higher lows and lower highs, which suggests that price is squeezed. I think the market may test the support level and move upward; if the price rejects the support level, then most...
The price perfectly fulfilled my previous idea. FX:EURUSD bounced off the resistance zone but did not reach the target level yet. It took out the highs and pulled back, forming a swap zone. The market is in range on the 1H timeframe. It is squeezed. The price impulse move broke the range zone with a big bullish candle, showing the significance of the support...
The market made over 10% in the last 3 weeks or so. Everybody expects that OANDA:XAUUSD will continue moving higher. It is possible that the price may retest the 2250 level. However, the current situation tells us the gold might pull back. On the daily timeframe, the market reached the massive channel border and made a fake breakout of it. Price action made...
The price perfectly fulfills my last idea. The market moved upward and hit the target. FX:AUDJPY fell from resistance, tested the support level, and bounced off it. Currently, the market is in a downward channel, and I think it will break it and go up because the main trend is bullish. It got back to above the 97.500 level after taking liquidity below. I expect...
The market pulled back toward support level after bullish move on the daily timeframe. FX:GBPNZD broke the previous resistance zone which is support level now. It is curretnly moving sideways which suggest indecisions in the market. I think pthe price may retest the local low and then move up. Below the support we have strong 2.07000 as well. I expect trend to...
The price reached the target zone in my previous forecast, but before that, the price went lower towards the swap zone. FX:EURUSD moved higher after breaking a previous high. It is heading towards the next resistance, where we had a bearish movement before. The price will most likely move sideways in anticipation of the NFP. The market has lost momentum near the...
The price perfectly fulfilled my previous idea. It bounced off the resistance zone and hit the target level. The market is heading towards a support level. FX:AUDCHF updated its highs and broke a level that forms a swap zone. It is pulling back to the swap zone after breaking the range zone, creating an opportunity to buy. I expect growth from the swap...
👋 Hello forex traders! It is unlikely that you will find a single beginner in the Forex market who would not know what a fractal is. And even outside the market, many people have heard about this concept. Fractals have been known for almost a century, are well studied and have numerous applications in life. Fractals have been used on financial markets for quite...
The market fell from the resistance zone. FX:GBPAUD broke through the support level and updated its lows after breaking out of the support level at 1.94000. It pulled back to the level and upward trendline. I think the market might go down to test support. My goal is to support level at 1.92925 Traders, if you liked this idea or if you have your own opinion...
The price perfectly fulfilled my last idea. OANDA:XAUUSD has been moving upward almost without any pullbacks. The key level that will play an important role this week is 2148.99 because the market will decide whether to close below or above it. On the daily timeframe, we have lost some of the bullish momentum. It seems like bulls are out of breath and they need...
The price perfectly fulfills my last idea. It hit the target. FX:AUDUSD is moving towards the border of the upward channel. The price is forming a 1-2-3 move from the support level. On the daily timeframe, the market fixed above the highs. However, it could turn into a fake breakout. I think the market will move a little bit higher and then fall after the high...
The price perfectly fulfills my last idea. The market moved up from support and hit the target. The market has tested the support level and rebounded from it, forming a double bottom. The price broke out of the downward channel. The market is heading toward a resistance zone. I think if the market pulls back and rejects the support level and trendline, then we can...
The price perfectly fulfilled my last idea. The market took off and hit the target. It is ranging after the breakout of the resistance zone. The price is basically squeezed, forming a triangle pattern. Price action made higher lows, showing bullish pressure on the key resistance at 1.09000. I think the market will grab liquidity below this level and move upward....
The price perfectly fulfilled my last idea. It reached the targeted level. OANDA:XAUUSD broke above the range zone and made an impulse move. The market updated swing highs and fixed above the 2100 level. I think that the price reached the point where it might most likely pullback. If the price makes a fake breakout, then we can expect a correction. I expect the...
The market is forming a range zone. FX:EURUSD retested lows and went higher after the news release on Friday. Basically, the price is squeezed. The market could not move lower below the key level at 1.08000, which suggests that bears do not have enough strength. As you can see, the market is bouncing off the top and bottom of the range. Today we have no...
The market overall is in an uptrend. However, on the 4H timeframe, the market is moving sideways. FX:USDJPY formed a triangle pattern, which it broke through later. The price reached the support level (bottom of the range zone), where an impulse move formed. On the daily timeframe, the market is moving towards the strong resistance zone. I expect an upward...
The price has tested the resistance zone at 1.36000 multiple times. FX:USDCAD failed to break through the level. However, before we have the impulse leg, followed by a pullback, basically, the price forms a flag pattern. I expect the price to break through the resistance zone and potentially form a second impulse leg. The market is already broken and fixed above...