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EURUSD forecast for the next three weeks. We are currently just in a bullish orderblock zone. Despite the COT Datas I strongly assume we are going to see an increase of price in EURUSD (AUDUSD...). Look for entry after price hit again the orange zone (orderblock area) and chose for your target the weekly fib 0.618 zone. Set your SL just 20 to 25 pips below the...
Price has broken support turned resistence. However, it formed below the resistence a hammer candle. The current becoming candle is most-likely to fill the hammer's wick till friday this week. So we need to have a bit patience and maybe we need to adjust our SL so we don't get into a bull trap.
Currently, we see in AUDUSD how the market is building more and more a bearish momentum. We even have slightly broken a support and the last weekly candle show us a hammer with a long wick and a small body. If the current becoming candle (right now a green Doji) turns into red, that is a trigger signal for us that the wick of the last candle will be filled and we...
Price movement forecast for the upcoming week in USDJPY . In weekly we had a bullish flag we moved through and confirmed an uptrend with a successful retest. Now we are most-likely building another bullish flag to break above the banks' zone. Please, feel free to share your opinion with me.
Price movement forecast for the upcoming week in AUDCAD ( SKS formation most-likely). Currently, the AUDCAD is in a very neutral to bullish position close to a distribution phase (Wyckoff Method), mostly likely trying to build a second shoulder for a SKS formation (Weekly). Please, feel free to share your opinion with me.
Price movement forecast for the upcoming week in AUDJPY . Currently, the AUDJPY is in a very neutral position close to a distribution phase (Wyckoff Method). Please take not of the updated COT Data as well! Please, feel free to share your opinion with me.
Price movement forecast for the upcoming week in XAUUSD ( gold ). Investors moving in for in XAUUSD strenghten gold to move further to the upside. However, this week, there is a potential chance to take a short trade in gold at least to 0.382 Fib pivot . feel free to share your opinion with me.