4H CHART EXPLANATION: As we can observe, this pair is on a clear uptrend. However, it has reached the Resistance Zone and has been rejected there. Also, the Ascending Trendline of the last bullish impulse has been broken. Due to that, we consider that a short term bearish move is possible. Price is consolidating right now, so, if this consolidation is broken...
Use this as a guide to develop your view of the chart. Main items we can see on the Daily Chart: a)Our Count for the whole movement is a 12345 with a 5th on process b)Currently, we are on a corrective zone, similar to the previous one (check the circles) c)We think that the current corrective structure is a pennant pattern composed by ABCDE with a D on the...
4H CHART EXPLANATION: We observe that this pair has been rejected at the Resistance Zone. Also, it has broken the Ascending Trendline. It has potential to reach the Support Zone. DAILY CHART ANALYSIS:
Use this as a guide to develop your view of the chart: Main items we can see on the Daily Chart: a)The most critical corrective structure has been broken (Falling Wedge) b)We expect the beginning of a new Daily Motive way towards 13.500 c)Currently, the price is on a Support / Resistance zone in which a correction may come d)If that happens, that will be the...
4H Chart Explanation: - Price broke the Descending Trendline. - Price reached our first target on the first Fibo Level. - Price is going towards our second target on the second Fibo Level. Weekly Vision: Daily Vision: Updates coming soon!
4H CHART EXPLANATION: Price has broken the Ascending Channel, and now it is making a bearish corrective structure pullbacking the broken trendline and the Resistance Zone. We are waiting for a breakout to confirm the downside move. DAILY CHART ANALYSIS:
4H Chart Explanation: - Price bounced on the Ascending Trendline and broke the Resistance Zone. - Bullish CCI. - Price continues it up move towards the Major Resistance Zone. Weekly Vision: Daily Vision: Updates coming soon!
Use this as a guide to develop your view of the chart. Main items we can see on the daily chart: a)The price has broken a descending Wedge pattern (bullish Signal) b)The price Reached our previous bullish daily Target (check link to related ideas) c)At current levels, we can wait for a correction movement towards the ascending trendline to then proceed to...
4H CHART EXPLANATION: Price in on a clear uptrend, and now it has broken the top of the Ascending Channel. This is a clear bullish signal, so, we consider it has potential to reach the Resistance Zone. Will look for a lower timeframe bullish opportunity. DAILY CHART ANALYSIS:
Use this as a guide to develop your view of the chart. Main items we can see on the daily chart: a)We have a clear Support/Resistance zone b)Currently, there is a Flag pattern (continuation structure) c)The Flag pattern is contained on the support zone d)Based on the previous technical aspects. If the price breaks above 2.04848 we expect a continuation of the...
4H Chart Explanation: - Price is close to the All Time Highs Zone. - Price is on an strong Ascending Trendline. - If price breaks the Resistance Zone, it has potential to move up towards the Fibo Levels. Weekly Vision: Daily Vision: Updates coming soon!
4H CHART EXPLANATION: Price was on a downtrend, but it started to lose momentum. New higher highs and higher lows was printed, and the Ascending Channel was broken. Now, it did a pullback towards the broken trendline of the channel, and it was rejected. We expect a new bullish impulse on this pair. Will look for a lower timeframe setup. DAILY CHART ANALYSIS:
Use this as a guide to develop your view of the chart. a)Our Main analysis on Gold is the Elliott count (12345) with a remaining 5th towards the Fibo extension at 1640. b)Currently, we forecast a correction similar to the previous one on the chart c)We will wait for a clear shape before developing new trades on Gold d)Our objective is to catch the next motive way...
4H Chart Explanation: - Price bounced on the Support Zone (Double Bottom). - Bullish CCI. - Price may go up towards the Micro Ascending Trendline. Weekly Vision: Daily Vision: Updates coming soon!
4H CHART EXPLANATION: As we can see, this pair is on a clear downtrend on the 4H timeframe. However, right now it is facing an important Support Zone, which has to be broken before considering short positions. We think that price may bounce or correct a little on this area, before starting a new bearish impulse. Once the Support Zone is broken, we will look for...
Use this as a guide to develop your personal view of the chart. Main items we can see on the Daily Chart: a)Price made a vast reversal movement from a resistance zone, last week we developed a setup there (check related ideas) b)Currently, the price is on the Daily support zone and, if we take a look at previous movements, we can see how price reacted...
4H Chart Explanation: - Price broke the Descending Trendline. - Price broke our first target on the 4H Resistance Zone. - Price is close to achieve our second target on the Resistance Zone. Weekly Vision: Daily Vision: Updates coming soon!
4H CHART EXPLANATON: Price has been on a strong bullish move for the last weeks, but now it is facing a strong reversal area. This is the Descending Trendline in confluence with the supply zone. The short term Ascending Trendine has been broken, and now we are waiting for a lower timeframe confirmation to take short trades here. DAILY CHART ANALYSIS: