Price has found strong support, and I am hoping it holds. One more leg to hit my final TP! But there is an opportunity for and entry if you are not already in this trade. Also, a great opportunity for a second position added to the first, for those already in it.
Got a Inverted H&S pattern, a strong uptrend, and price is at strong support. Fibs confirm the correction level, so.... why not look for a long position?
Looks like we have an Inverted H&S pattern working, here. Right shoulder looks to complete very soon! Take a buy with me, and let's see how it goes! For more analysis on this pair, check my Weekly Forecast Video on my Channel.
Price has finally made it back to the untested supply zone. I expect some bearish price action when it finally makes contact. Price seems overdue for a real retracement. OVB on the Stoch's, as well.
Welcome to the latest Forex Weekly Forecast. I analyze 18 pairs, and put them on my Watchlist. Check the timestamps for the ones that aren't on the Watchlist. Remember, just because they aren't setting up today, doesn't meant they won't be near an entry during the week! So stayed tuned for updates! 00:00 Intro 00:09 DXY 02:37 USDCAD 04:05 USDCHF 05:07...
This topic can be tricky for some. I hope I can help you with that. Impulse entries are for people that can look at charts all day. Pendings can help those that are too busy to keep checking charts. Your confirmations are wick rejections, followed by an engulfer or momentum candle. Watch the video, and see how I do it. I hope you find the video helpful.
I love a clean break and retest! I think we have one cooking here. I am bullish in this market, and after a lovely bearish impulse, I'm looking for price to correct that entire move.
XAUUSD,XAGUSD, NAS100, US30, US OIL. I mistakenly skipped SPXX. Going to have to be patient for the swing trade setups, but I do see possible day trades setting up. Which of these seems the most likely to render us some profits? Let me hear from you in the comments section. Thanks for your support!
It is at resistance, giving me the momentum candle I look for to indicate price will continue downward. If that bearish engulfer closes in this fashion, it may be a good entry for a short. The fact that it is breaking back into the triangle structure is pretty telling. Confirmations are key. Without confirmations, there is no trade! Check out my previous...
ETHUSD, like BTCUSD, is giving me the momentum candle I was looking for, confirming bearish price action....if the candle closes in this fashion! It could confirm the sellers are still in charge, and price will likely continue bearish. The fact that it is breaking back into the triangle structure is pretty telling. Confirmation needed! No confirmation, no...
EURNZD was mentioned in the linked video I put out Wednesday, FOREX Mid-Week Setups. Price has reached my area of concern, and I believe a good sell may be about to avail itself.
I gave a setup in my prev video for this pair, marked it red and ready. Then the US news came. The US news moved the market today. ADP and Unemployment. Messed up my TA. However, there is a setup forming, and I'm happy to share it.
AUDNZD may not be my fav pair to trade, but the break and retest setup it has formed is! Check it out and give me a vote of yay or nay! Share your analysis with me, as I would like to hear from you on this one!
BTCUSD is in a Symmetrical Triangle. But it looks more like a Bear Flag to me. So , price has found itself at the resistance line of the triangle, and we have to wait and see what happens next, right? Perhaps a FAKEOUT! Maybe a BREAK OUT-BREAK BACK IN move. Followed by the bearish train downtown. Perhaps. Let's be patient, have a plan in place, with a backup...
AUDNZD may be setting up a short for us. Just need confirmation, and then we enter for a possible 150 pips!
USDCAD, USDJPY and USDCHF are setting up for some pretty decent intraday trades. I am looking to take swing trades in these pairs, but while they are taking their time setting up, I see shorter term opportunities. I just wanted to share them for your consideration. Comment on them,if you would! I'd love to hear from you!
BTCUSD is at a pivotal spot. It could go either way... right? Not in my view. The structure is bearish. Period. Now, is there a possibility that price could reverse?? Sure. But where are the signs of this reversal?? Why are we still looking for signs that the bull run is not over? Why don't we just read the chart in front of us? I could be wrong, as...
XAGUSD may be setting up a buy! Sitting at support now... a support I believe is sneaky strong! Take a look with me....