Trader_Petrov

03:11

Trader_Petrov

USD/CAD create nice strong impulse to the upside but now is time for correction and if the price create candle formation from Fibonacci na 4th trendline touch I will buy.

Trader_Petrov

Monthly: 1. Possible Double Top after big impulse 2. For now Monthly timeframe look bearish Weekly: 1. Three Doji candles from last 3 weeks This means that buyers and sellers had equality in the market and now this week the price just brake support level and it’s look like sellers is more powerful and this weekly candle will close above the support. 2. For now...

03:27

Trader_Petrov

Everyday I follow 30 forex currency pairs and share with you the best setups ready for swing trading. Subscribe because here you will find free educational videos for forex. The key to success is in psychology and strong technical analysis! RISK DISCLAIMER: Nothing in my YouTube channel should be construed as financial advice. I am not a financial advisor and...

Trader_Petrov

Weekly: 1. Impulse 2. Brake of previous support When I add fibonacci I see the price is not touch 38.2% yet for correction. Let's see what we have on lower timeframe. Daily: 1. Impulse 2. Correction 3. Engulfing candle from 38.2% Fibonacci level Looks very, very bearish and maybe will not see deeper correction to the monthly resistance. 4H: 1....

Trader_Petrov

Monthly: 1. Impulse 2. Complex correction 3. Break of correction with new impulse Now the price is make correction and is very possible to see 3rd touch of trendline. If 3rd touch happend with nice bearish candle I will sell. Weekly: 1. Last week the price close like Doji candle 2. Break of neckline without pullback for test Expect a little down...

Trader_Petrov

Weekly: 1. All time high 2. Rejection from All time high 3. Candle close with green color and big wick After candles like this in 90% of time the price is going back again to fill the wick! Daily: 1. Strong impulse 2. Brake of previous Daily Resistance 3. Engulfing candle from All time high 4. Rejection from Daily Resistance and Fibonacci 61.8% ...

Trader_Petrov

Monthly: 1. Impulse 2. Brake of previous structure 3. Correction on lower timeframe Looks bearish at this moment Weekly: We can see more clearly on the Weekly timeframe the impulse, brake of structure and correction. Looks bearish at this moment. Daily: Fibonacci is added from lower timeframe 1.Impulse 2.Correction 3. Engulfing Daily candle...

Trader_Petrov

Weekly: 1. Double Top 2. Neckline brake 3. Pullback to Test Neckline In best case expect a little more up movement. But at all this timeframe looks bearish Daily: 1. Impulse 2. Brake previous support 3. Healthy correction 4. Reach Fibonacci and Daily Resistance zone Expect another drop. Looks bearish like Weekly. 4H: 1. Clear impulse 2. Deep...

Trader_Petrov

Monthly: 1. Very strong push to the upside after break 2. The price now face stron resistance Looks Neutral for now Weekly: 1. Double Top 2. Break of strong support level 3. Neckline test with rejection Looks bearish for the moment. If see bearish signals on lower timeframe i will sell. Daily: 1. Morning star formation from the bottom 2....

Trader_Petrov

Monthly : 1. Strong impulse 2. Brake of previous structure 3. Very close to strong Monthly Support Expect a little more drop and bullish reversal Weekly: 1. Double Top 2. Strong Impulse 3. Brake of previous structure 4. Very close to strong support Expect same as Monthly Timeframe: A little drop and bullish reversal Daily: 1. Impulse with little...

Trader_Petrov

Monthly: 1. Double Top 2. Strong impulse 3. The price is close to strong support zone Expect a little more drop. But if I see trend reversal patterns on lower timeframe I will switch to bullish. Weekly: 1. Rejection from fibonacci and resistance level 2. Pinbar weekly candle At the moment is bearish like a Monthly timeframe Daily: 1. Rejection...

Trader_Petrov

Monthly: 1. The price touch very low level and was pushed to the upside. For the moment On the Monthly timeframe I expect bullish reversal. Weekly: 1. Big impulse from support level 2. Now the price is below strong resistance I will wait for break before make a entry. Daily: 1. Engulfing bar I will wait for breakup 4H: If the price brakeup I will...

Trader_Petrov

MONTHLY: 1. Big Impulse and complex correction from a long time ago. 2. Pushed up from 50.00% of Fibonacci Monthly looks bullish. WEEKLY: 1. Pushed up from strong support level 2. Bullish Weekly Pinbar Weekly Looks Bullish too DAILY: 1. Wait for break of previous structure and test. If this happend Daily will be bullish too like Weekly and Monthly...

Trader_Petrov

Weekly: We have Double bottom formation and the price last week brake the resistance/neckline. Now pullback for test it. Daily Here we can clearly see the impulse with brake point. 4 Hour My entry is close to the neckline with R:R 1:3 My SL is protected by 4h trendline and support level. This is not financial advice!

Trader_Petrov

Monthly: Rejected 2 times from support and now stuck between support and resistance level. Weekly: 2 times rejected from weekly support level. Last week with huge pinbar. Daily: Broken Daily Support Level now this level is support so expect to pull back for test. 4 Hours: Placed pending buy order with thin stop and massive Risk/Reward! This...

Trader_Petrov

Monthly: The price just create this impulse and touch a strong level of support. I think we see correction at least to 38.2% Weekly: It's look like the price forming inverted Head & Shoulders pattern from this support level Daily: Double bottom and now test of neckline 4 Hour: I will wait for breakout of 4h trendline. This will confirm my...

Trader_Petrov

Today the price brake 4h uptrend line with good impulse to the down side! I already add my position at the brake but now the price is goind to make correction and it will be good chance to add one more sell position and hold it to Daily level. I am not financial adviser! Trade smart!

Trader_Petrov

This is update of my previous analysis. Possible Head and Shoulders pattern!