TheDayzen

TheDayzen Updated 

Good Day Traders !! On this pair we ha a H&S on the daily timeframe and we would like to see the market correct at least to the neckline in order to complete the pattern. Also our vision on the DXY is bearish for the few coming days and this should align with our short idea of USDCHF. From an institutional perspective we have seen the smart money adding shorts on...

TheDayzen

Technical perspective : In regards to Bitcoin we have two daily demand areas and we expect BTC to retrace before the continuation of his massive bull move. On the Weekly timeframe we have an impulse that still need some momentum and some growth , Going down on the daily it would be perfect to see a retracement to grab some liquidity and continue it's massive...

TheDayzen

Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. Monthly : Double top , And we have a strong Monthly resistance Weekly : "W" formation and we expect the market to retrace to the neckline Daily : We are currently forming a "W" formation on this pair and we should expect a retracement to the neckline as well...

TheDayzen

Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. Monthly : We have an impulse correction impulse pattern and we could be looking at a potential target 1.50 Weekly : We are currently on the 5th wave of Eliott for the last impulsion to complete the pattern before the correction sequence "ABC" Daily : We have a...

TheDayzen

Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. Monthly : We have just Completed an "M" formation and we already started the new impulse to the downside. We expect the price to continue dropping. Weekly : We have an impulse correction impulse pattern and we are at the 5th wave of Eliott and we expect the price...

TheDayzen

Good Day traders !! On this pair we have on the Monthly timeframe an interesting situation since we had a massive impulse that is during more than 5 months now and we expect to see some correction. By taking the Fibonacci retracement on the current impulse leg we can set three potential targets for short setups. On the weekly timeframe we have a market that is...

TheDayzen

Good Day Traders !! On this specific pair we are approaching a strong level of resistance and we rejected that level a few times in the past and we may see a new rejection shortly. We might see GBP grab some liquidity in the demand area before continuing it's move to the upside and then get enough strength and momentum to be able to break this historical zone....

TheDayzen

Good Day Traders !!! It's time for an update on EUR/USD. Last time we identified the H&S pattern and we said that the price will come for a retest of the neckline and this is exactly what happened. Now we are sitting at an extremely strong level of resistance and we expect the neckline to reject the price and see more bearish movement overtime, Also we have the...

TheDayzen

Good Day traders !! It's time for an update on the DXY , like we were expecting on our previous analysis the dollar index melt down to retest the Neckline of the weekly W formation, now what's next. We do have some important news coming up on Wednesday and we do expect the DXY to complete the Monthly pattern and test the Monthly neckline of the "M" formation...

TheDayzen

Good Day Traders !! It's time for a full breakdown of the EUR/JPY . We have on the monthly timeframe a "W" formation and we just rejected the neckline which is in confluence with the previous high. Going down to the weekly timeframe we notice that we have also an impulse , correction , continuation pattern and we are currently at wave 5. On the daily timeframe we...

TheDayzen

Good Day Traders !!! Time for an update on GOLD, So we can clearly see that on the weekly and daily we have a beautiful M formation that was respected , in addition to that we can see that the price is about to form a shooting star on the 4H which can be our confirmation for a bearish market. We have retraced until the 0.618 FIb level taken on the previous impulse...

TheDayzen

Good Day Traders !! On this pair we just completed the 5 waves of the impulse corrective continuation pattern on the monthly timeframe and we just started the ABC corrective wave. On the Weekly timeframe we have a the price that started creating a rising Wedge and this is why we expect it to retrace to the neckline of the H&S and begin his next impulsion. From a...

TheDayzen

Good Day Traders !! On the Monthly timeframe we have an M formation , we expect the market to retest the neckline. Going down to the weekly timeframe We also have an "M" formation , We expect a correction until the neckline which is in confluence with the 0.5 Fib level taken on the impulse leg. From a daily perspective we also have an "M" formation and we would...

03:33

TheDayzen

Good Day Traders !! Here is a full breakdown on this pair, let me know if you have any questions in the comment area before, the entry will be triggered only if all the rules of the strategy are respected. I would suggest to keep this pair on your watchlist to look for opportunities. Also I will be linking my previous analysis about this pair. Trade safe !!

05:27

TheDayzen

Good Day Traders !! Here is a full breakdown on this pair, let me know if you have any questions in the comment area before, the entry will be triggered only if all the rules of the strategy are respected. I would suggest to keep this pair on your watchlist to look for opportunities. Also I will be linking my previous analysis about this pair. Trade safe !!

TheDayzen

Good Day Traders !! On the Monthly timeframe we have An M formation on the way, we are in the last leg and expect the price to drop. Going down to the weekly we have a "W" formation and we expect the price to drop to the neckline at least before a continuation to the upside. Going down on the daily We have completed an "M" formation pattern and we just rejected...

TheDayzen

Good day Traders ! For this pair we have a "W" formation in the Monthly timeframe ad well as a double top forming. We expect the price to drop to the neckline and also to correct the previous impulsive move. Going down to the weekly timeframe we have an overextended W formation as well and the neckline of this weekly is in confluence with the Monthly neckline...

TheDayzen

Good Day traders !!! On this Pair we have seen a major impulse today and we are sitting at a very strong level of support. On the monthly timeframe we have we have an overextended "W" formation and we just tested the neckline and we are ready to launch !!! Going down to the weekly timeframe we have an M formation and we want to test the neckline which is in...