Tempo_Trades

Tempo_Trades

Overview FX:AUDUSD was in a bearish trend. However, bullish divergence was formed and price formed a higher high followed by a higher low! Analysis & Plan After formation of bullish divergence on FX:AUDUSD , price formed a higher high followed by a higher low. This is a strong indication of formation and continuation of a bullish trend. We enter a long...

Tempo_Trades

Overview FX:EURCAD was in a bullish trend, however price formed bearish divergence and hence there was possibility of a bearish trend formation! Analysis & Plan Bullish trend of FX:EURCAD was showing weakness due to bearish divergence. Our plan was to observer the market and expect a bearish trend formation. Our entry was on break of the last two HL...

Tempo_Trades Updated 

Overview FX:NZDCAD was in a bearish trend, however, bullish divergence was formed on RSI and price has since formed a higher high signalling a bullish trend! Analysis & Plan Price has formed the first higher high after experiencing a downtrend. Last two times when bullish divergence was formed on price, it lead to a bullish trend as marked on chart with...

Tempo_Trades

Overview FX:GBPJPY has formed bearish divergence and double top pattern after having a strong bullish rally! Analysis & Plan Double top is a bearish reversal pattern which indicates a change of trend from bullish to bearish. Bearish divergence is also an indicator of a weak bullish trend, hence our bias for FX:GBPJPY is currently bearish. We are looking...

Tempo_Trades

Overview FX:AUDUSD was in a bearish trend, however, bullish divergence was formed on RSI and price is currently forming a higher high for the first time! Analysis & Plan This trade is risky because price is just forming the first higher high at our entry point. However, we are expecting price to replicate the same bullish reversal after forming bullish...

Tempo_Trades Updated 

EUR/JPY has formed and broken out of a cup & handle pattern, which is a trend continuation pattern! Expecting price to continue the bullish trend!

Tempo_Trades

Overview OANDA:XAUUSD was in a bullish trend, however, bearish RSI divergence was formed on the last 2 higher highs and price has since formed a lower low on the 4 hour chart! Analysis & Plan For this strategy, we will be taking into account all mandatory bullish and bearish factors to enter the trade! Since price has already formed a lower low, we are...

Tempo_Trades

*Updating previous post with ENTRY & EXIT levels marked*

Tempo_Trades

GBP/JPY has formed double top, which is a bearish reversal pattern. Price is likely to break support (neckline) and start a bearish trend. Price is also showing Bearish Divergence on RSI which means there's a possibility of a bearish reversal anytime now! Will be looking to short ONLY if support is broken with stop loss above the double top!

Tempo_Trades Updated 

GBP/CAD has formed an ascending triangle, which is a bullish continuation pattern. Expecting price to break the triangle to the upside and continue bullish momentum!

Tempo_Trades

HKD/JPY has started a bullish trend after forming RSI divergence on the chart! Expecting price to continue making higher highs and higher lows!

Tempo_Trades

USD/JPY has started a bullish trend after forming RSI Divergence. Expecting price to continue printing higher highs and higher lows!

Tempo_Trades

NZD/CAD has been in a downtrend printing lower highs and lower lows. However, there is bullish divergence on RSI. If price can break the lower high and print a higher high, Im expecting a trend reversal from bearish to bullish!

Tempo_Trades

MATIC/USDT is currently at a long term support trend line. Do you think price will hold this support level?

Tempo_Trades

BTC/USDT is currently testing support. Break of this support can take BTC from mid to low 20000's. Where do you think BTC will find support?

Tempo_Trades

BNB/USDT is currently forming a Cup & Handle, which is a bullish continuation pattern. Expecting price to break upwards and continue the bullish trend!

Tempo_Trades

AUD/CAD has broken the HL on daily chart and is currently forming a LH. Expecting price to continue the bearish trend!

Tempo_Trades

CAD/JPY has formed a double top, which is a bearish reversal pattern. Price is also showing bearish divergence on RSI signalling trend shift from bullish to bearish!