Hey guys, just wanted to let you know what i'm looking for in the next hours. On EURAUD price is testing a key support level on the daily (in oversold condition) and therefore i can expect market to react at this level. As i go down on 1hr chart i can see there's a double bottom setting up with RSI divergence and this also increase my confidence in this trade. I...
Hey guys, just wanted to let you know what i'm looking for in the next hours. On EURAUD price is testing a key support level on the daily (in oversold condition) and therefore i can expect market to react at this level. As i go down on 1hr chart i can see there's a double bottom setting up with RSI divergence and this also increase my confidence in this trade. I...
Hi guys, on EURNZD we're testing a key daily structure area (yellow box-black line) that also coincides with a psychological number (1,54). This is important for me because it tells me we could see a reversal down on a lower timeframe such as the 4H (the chart that you see): in this case, if you zoom in you can see why am i interested in this. There's a long pin...
Hi guys, on EURNZD we're testing a key daily structure area (yellow box-black line) that also coincides with a psychological number (1,54). This is important for me because it tells me we could see a reversal down on a lower timeframe such as the 4H (the chart that you see): in this case, if you zoom in you can see why am i interested in this. There's a long pin...
Hey guys, i think this chart is self-explaining: i've written down all the conditions that point in the same LONG direction and that's where i want to be. Very high-probability trade from my experience (but that doesn't mean you should underestimate the risk: alway be careful). Stops below the low and targets as shown above. If you want to ask questions, feel...
Hey guys, i think this chart is self-explaining: i've written down all the conditions that point in the same LONG direction and that's where i want to be. Very high-probability trade from my experience (but that doesn't mean you should underestimate the risk: alway be careful). Stops below the low and targets as shown above. If you want to ask questions, feel...
Hi guys, this is a simple harmonic pattern that's setting up on the 4hr chart on USDCHF. It meets my personal rules and so i can take it at the D completion point, without waiting for additional confirmation. But you could nevertheless wait and see how price will react at this zone and then decide whether to enter short or not, it's a valid reasoning too. Stops...
Hi guys, this is a simple harmonic pattern that's setting up on the 4hr chart on USDCHF. It meets my personal rules and so i can take it at the D completion point, without waiting for additional confirmation. But you could nevertheless wait and see how price will react at this zone and then decide whether to enter short or not, it's a valid reasoning too. Stops...
Hi guys, lately CAD pairs have been very weak, on this particular pair we can see price is testing a key support area that was relevant on the daily timeframe (left-hand side). This means it could still be effective for price's movements and we can then search for long opportunities down on lower timeframes, such as 4hr. In addition to that you can see the RSI is...
Hi guys, lately CAD pairs have been very weak, on this particular pair we can see price is testing a key support area that was relevant on the daily timeframe (left-hand side). This means it could still be effective for price's movements and we can then search for long opportunities down on lower timeframes, such as 4hr. In addition to that you can see the RSI is...
Hey guys, Australian dollar has gained a lot over the pasy days, you can see this from the chart above and you can also see that lately price has been ranging in a very tiny space. When you see impulsive move like this you would expect price not to retrace so much because of the strength disequilibrium. And that is what i think could happen next here: flags,...
Hey guys, Australian dollar has gained a lot over the pasy days, you can see this from the chart above and you can also see that lately price has been ranging in a very tiny space. When you see impulsive move like this you would expect price not to retrace so much because of the strength disequilibrium. And that is what i think could happen next here: flags,...
Hey guys, this is an advanced pattern formation that's about to complete on the 4hr chart. The D point of this Bat lies right into a key level of daily support and this gives us more confidence about this trade. Stops below X, targets as usual in harmonics. If you want to share your view, or ask questions, feel free to comment below. Otherwise, see you in the next chart!
Hey guys, my usual analysis starts from higher timeframes such as the daily. There i've highlighted a key level of structure looking left, a resistance area that could stop the price's rally. As i go down on lower timeframe such as 4h i can see there are two tests of this specific level (also a psychological level, 79.00) both failing in making new highs. This...
Hey guys, this is an advanced pattern formation that's about to complete on the 4hr chart. The D point of this Bat lies right into a key level of daily support and this gives us more confidence about this trade. Stops below X, targets as usual in harmonics. If you want to share your view, or ask questions, feel free to comment below. Otherwise, see you in the next chart!
Hey guys, my usual analysis starts from higher timeframes such as the daily. There i've highlighted a key level of structure looking left, a resistance area that could stop the price's rally. As i go down on lower timeframe such as 4h i can see there are two tests of this specific level (also a psychological level, 79.00) both failing in making new highs. This...
Hey guys, here on GBPNZD we're now testing a very important structure area; as you can see on the left hand side of your screen price has already found resistance in that area and it could now turn into support and push price higher. Given the case, i want to be involved on the long side of this pair, hoping for a continuation on the upside. Now, you can use...
Hey guys, here on GBPNZD we're now testing a very important structure area; as you can see on the left hand side of your screen price has already found resistance in that area and it could now turn into support and push price higher. Given the case, i want to be involved on the long side of this pair, hoping for a continuation on the upside. Now, you can use...