CHFJPY formed an important high momentum bearish candle last week. With one single candle, the pair violated a lower boundary of a horizontal range, and the market also closed below a major rising trend line. It makes me think that the pair may go lower. Goals: 162.42 / 160.8 ❤️Please, support my work with like, thank you!❤️
Last week, we saw 2 important structure breakouts on US30: first, the market violated a major rising trend line, then, on Friday, a key horizontal support was also broken. The broken trend line and a horizontal structure compose the expanding supply zone now. I will expect a bearish reaction to that and a bearish movement to 33750 support. ❤️Please, support...
NZDCHF reached a significant daily horizontal supply zone. Taking into consideration, that the pair is quite overbought, probabilities will be high that we will see a bearish reaction to the underlined blue area. Cup & handle pattern on an hourly time frame gives us a nice bearish confirmation. I expect a bearish movement to 0.5375 support now ❤️Please,...
Here is my latest structure analysis & key levels to watch next week on EURUSD. Horizontal Structures Support 1: 1.0630 - 1.0635 area Support 2: 1.0516 - 1.0545 area Resistance 1: 1.0717 - 1.0737 area Resistance 2: 1.0755 - 1.0775 area Vertical Structures Vertical Support 1: Lower boundary of a falling channel Vertical Resistance 1: Upper boundary of a...
Gold is currently testing a solid 4h structure resistance. Analyzing the reaction of the price to that, I spotted a cute double top on that on an hourly time frame. To sell the market with a confirmation, wait for a breakout of a neckline of the pattern. Hourly candle close below 1924 will confirm the violation, a bearish continuation will be expected to 1916...
If you want to become a consistently profitable trader you have two choices: 1️⃣strictly follow your trading plan or 2️⃣fail. Trading plan is essential for achieving your financial goals. It is a set of actions to follow for making trading decisions guiding you on how to react to certain events. It reflects your personality and characteristics. Moreover,...
An important thing happened on US30 Index. First, the index broke and closed below a major rising trend line and closed below that on a daily. Second, a key horizontal support was also broken yesterday. The broken support and a trend line compose the expanding sell zone. I suggest shorting the Index from there, expecting a fall to 33700 support. ❤️Please,...
Here is my latest structure analysis for USDCHF. Resistance 1: 0.910 - 0.915 area Support 1: 0.899 - 0.902 area Support 2: 0.893 - 0.895 area Support 3: 0.886 - 0.888 area Support 4: 0.874 - 0.878 area Support 5: 0.869 - 0.873 area Support 6: 0.855 - 0.858 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like,...
Detailed video analysis for Gold. Price action. Key levels. Current situation. Directional bias. Thoughts. ❤️Please, support this video with like and comment!❤️
Dollar Index is currently testing a significant resistance cluster 104.85 - 105.50. The reaction of the price to that area will determine a further direction of the Index. Bullish breakout of that and a weekly candle close above will confirm a long-term bullish reversal, with a highly probable consiquent bullish rally. Alternatively, watch a rising parallel...
NZDUSD nicely respected a rising trend line on a 4H. The price formed a double bottom pattern on that and violated its neckline. I expect a bullish movement to 0.596 / 0.598 ❤️Please, support my work with like, thank you!❤️
GBPUSD is under a strong bearish pressure. The price successfully violated 1.23 key daily support and closed below that. Retesting the broken structure, the price formed a tiny cup & handle pattern. The breakout of its neckline is a sign of strength of the sellers. The pair may continue falling. Support - 1.225 ❤️Please, support my work with like, thank you!❤️
US30 is on a key horizontal support. The market looks quite exhausted after a strong bearish movement. I believe that due to the absence of important fundamentals today, the index may bounce to 34250 level. ❤️Please, support my work with like, thank you!❤️
Multiple time frame analysis for Dollar Index. Important key levels. Potential scenarios. Directional bias. Trading plan explained. ❤️Please, support this video with like and comment!❤️
Here is my latest structure analysis for EURUSD. Horizontal Structures Support 1: 1.0630 - 1.0635 area Support 2: 1.0516 - 1.0545 area Resistance 1: 1.0717 - 1.0737 area Resistance 2: 1.0755 - 1.0775 area Vertical Structures Vertical Support 1: Lower boundary of a falling channel Vertical Resistance 1: Upper boundary of a falling channel Consider these...
Hey traders, In the today's post, I will share with you a formula of ideal swing trading setup. ✔️Element 1 - Market Trend When you are planning a swing trade, it is highly recommendable that the direction of your trade would match with the direction of the market trend. If the market is trading in a bullish trend, you should look for buying the market,...
NZDJPY reached a key daily horizontal support. The price nicely respected that and formed a double bottom pattern on an hourly time frame. I anticipate a pullback from the underlined area at least to 0.88 ❤️Please, support my work with like, thank you!❤️
On a today's live stream, we discussed WTI Oil. The price is currently taking off from a solid horizontal support. As a confirmation, the market formed an inverted h&s pattern. Its neckline has just been broken. I expect a pullback at least to 90.6 level now. ❤️Please, support my work with like, thank you!❤️