This idea is based on my new developing strategy so keep that in mind!
So considering the whole picture, the mighty Gold seems to be looking bullish. It is highly likely that it will reverse upwards from the red zone (which is a double fib-zone), hit the demand zone and start to range. If you have disagree, it would be so kind of you to let me know why. Happy trading Cheers
We have what looks like a double-top forming. I might personally go short after the break and retest of area "A" but the requirements of a double-top in effect are only satisfied once area "B" is broken. Leave your thoughts and knowledge in comments for me. Happy trading everyone!
EURGBP looks like it has broken a triangle pattern indicating the power of sellers. I think given the proper entrance opportunity, there would good shorting opportunities. Leave you thoughts in the comments below. Happy trading everyone!
EURHBP expecting to fall once the neckline is broken! Leave your comments and thoughts below. Happy Trading everybody!
Not alot to explain here. This is a swing trend using my own strategy. I will probably enter on the retest of the blue zone. Leave your comments below. Happy trading eveyone!
BTCUSD on a head & shoulder. If the red neck line is broken there'd be short opportunities! Leave your thoughts in the comments. Happy trading everyone!
Here we have CADCHF forming a corrective triangle at the end of what seems to be a wave 4. Once the triangle pattern is broken, more shorting opportunities would present themselves heading down the path of wave 5. If have you any thoughts, kindly enlighten me in the comments. I appreciate them. Happy trading everyone!
So here using my own strategy I have a reversal zone that is also touching the 200 EMA (which is confirming that we are still in a general down trend). Happy Trading everyone!
Everything's pretty clear. Once the neck line is broken, we'd have sell opportunities. Tell me what you think in the comments below. Happy trading all.
This one looks pretty clean. Once the blue level is broken AND retested, we may be able to go short! The time cycles also show that it's about time for the consolidation to end. Correct me if I'm wrong, I appreciate it. Happy Trading!
Here we have the EURUSD in a clear downtrend and it is probably going to head down to the bottom of the lime green channel. Here we still can not enter short or long. Here'll be both the long and short scenarios: If the market FAILS to break the blue area marked Level "A", it will most likely head down and triggers a sell. HOWEVER the market is at the end of a...
There's a double top-ish structure at the key level on the 4 hour time frame. It's neck line is also broken hence the sell. Correct me if you think I'm wrong in the comments below. Happy trading!
Here is the AUDUSD pair. We have been seeing heavy bearish moves for so long and so it is safe to say that the general direction of the trend is down BUT the bottom green line is actually the bottom line of a bearish channel from weekly time frame which happens to have acted very firmly pushing the price extremely high by every touch! I'm just waiting for a pull...
Here is EURUSD touching and rejecting the top line of a very old bearish channel with a pinbar kind of candle suggesting that the move corrective move upwards is over. As the general direction of the trend is down, it is likely to see another great fall. The TP here is the first TP and the price may very well get even lower than that. There's a 80 - 90 pip stop...
GBPUSD would continues on it's path going rallying as it has hit the bottom of a descending lime green channel.
So here is USDCAD which has broken the previous major S/R level. Level "B" is supported by multiple fib levels, so considering this and the major white line (also fib level) a 120-130 pip correction up towards it wouldn't be a surprise. HOWEVER the white line is also kinda rejected in the 1 hour and lower timeframes so the price may as well drop from here without...