I think there is a high probability that downward movement starts soon (at least for a short term).
Two vertical lines pointed out on the chart, which shows the time period that reverse might start. It is a wide range so, one can divide the volume in two or three positions.
I think there is a high probability of false breakout in EURCAD. It can be March 3 or March 4.
Resistance zones to the upward movement pointed out on the chart.
I'll update the analysis later if the context changes.
As you know, it is not a financial advice.
Based on analysis pointed out on the chart, I believe there is a high probability of an upward movement around/between two vertical lines.
"If" that happens, it might continue for two or three weeks (I'll update this part later).
I also pointed out two horizontal lines for price zone, so I expect a drop first before the upward movement.
I believe it is a good time to buy USDCAD , but in terms of price it could go lower till the box pointed out on the chart (1.20500 _ 1.20000).
Currently price is at 1.20890
One can divide a position in three and enter at each horizontal line or wait if the price reaches the box then enter the long position.
What do you think?
I believe there is a high probability of Reversal in EUR-CAD m30. I consider it a short term analysis and my first target is the previous low which is pointed out by the resistance zone on the chart.
I believe there is a high probability of Trend reversal after the vertical line (Line number 1). I believe the reversal will last at least till the second line (Line number 2) but the support area in the way might stop it earlier.
Consider that price might continue even few candles more after the Line number 1 before reversal, but it does not...
Based on the time cycle zone (two vertical lines), there is a high probability of Trend reversal in AUDUSD m30.
Starting point of the Reversal could be during the zone but It might continue upwards till the end of the zone (vertical line on the right) or few candles after that.
I believe we will see the good reversal in m30 timeframe.
I believe there is a high probability of forming a false breakout in EUR/JPY m15.
If price breaks below the horizontal level (blue line) and forms a swing low during the time cycle zone (two vertical lines) I expect that price moves upwards and that breakout becomes false breakout. So I'm looking for a long position in the time cycle zone.
I pointed out two channels on the chart in H4 timeframe, price is at the center line of the bigger channel (Pink) and at the top of the smaller one (Green). I expect to see a reaction here and I believe its good opportunity to go short in AUS/USD.
My analysis is based on m30 so it is a short term analysis but there is a possibility of becoming a...
I believe there is a high probability of reversal based on the Time cycle zone (two vertical lines) in EUR/CAD.
This analysis is based on m30 timeframe but I defined the important price levels from H4 as you see in the chart above (dark background).
Time cycle zone shows best time to open position. It...
I pointed out a time cycle zone (two vertical lines) on the chart which shows a good time for starting a strong correction or reversal.
I expect that Reversal lasts at least 10 to 12 candles.
What do you think ?
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P.S. Note that this...
My previous forecast for Gold worked almost fine. It was not as accurate as I expected but worked (Link below).
Here is my second forecast for Time Cycles in XAU/USD :
I don’t mean that price movement will be exactly like the bar pattern on the chart. But if the time cycle zone number 1 works then the time cycle zone number 2 will work for sure....
Vertical line on the chart or one candle after that, is very good time to go short.
It is not a long term analysis but it might work very well in short term view.
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Please consider that these analyses are my opinions and...
I believe that we could see a Reversal in XAU/USD H4 timeframe by this Friday.
If my time cycles works on GOLD, then during the time cycle zone (two vertical lines on the chart) I expect that it starts moving upwards. It might hit the swing low one more time or not.
The precision of the time cycles that I am using is good (Please check my...
Recent US Dollar action (H4) and the next week or two is bottoming pattern. Like what we had in EUR/USD daily (ceiling). I copied the bar pattern from EUR/USD and mirrored it to make it more clear what I mean by that.
A broad bottoming out in US Dollar (H4) suggests that each lowest low could be a reversal but I will pay attention to those which...