NZDCAD broke and closed below a key daily horizontal support. The breakout of a daily structure matches with a violation of a support line of a horizontal range on a 4H time frame, giving us a strong bearish confirmation. I think that the market may reach 0.8115 level soon. ❤️Please, support my work with like, thank you!❤️
Here is my latest structure analysis and important key levels to watch on EURUSD. Resistance 1: 1.0840 - 1.0865 area Resistance 2: 1.0922 - 1.0943 area Resistance 3: 1.0964 - 1.1000 area Support 1: 1.0785 - 1.0805 area Support 2: 1.0695 - 1.0709 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
As we discussed on a live stream today, US30 index tested a recently broken horizontal resistance that turned into a solid support. The market formed a double bottom formation and successfully violated its neckline. We can anticipate a bullish continuation at least to 39744 now. ❤️Please, support my work with like, thank you!❤️
If you trade Gold with fix lot, I prepared for you a simple manual how to calculate the best lot size for your XAUUSD trading account. Step 1 Find at least the last 10 trades that you took on Gold. Step 2 Measure stop losses of all these trades in pips Step 3 Find the trade with the biggest stop loss In our example, the biggest stop loss...
I see a nice bear trap on NZDCAD. Trading within a wide horizontal range, the price violated its support. The violation turned out to be false and the market formed a tiny double bottom on 30 minutes time frame. We see a strong bullish imbalance now. The market may keep growing to 0.8175 ❤️Please, support my work with like, thank you!❤️
NZDUSD broke and closed below a key daily structure support. The broken structure turned into resistance now. We see a retest of a broken structure. To short the pair with a confirmation, pay attention to a bearish flag pattern on a 4H time frame. Its support breakout - 4h candle close below will confirm the strength of the sellers. A bearish continuation...
Dollar Index broke and closed above a solid horizontal daily resistance cluster and a major falling trend line. The broken vertical and horizontal structures compose an expanding demand zone now. I believe that we will see a bullish movement from the underlined blue area. Goal - 104.85 ❤️Please, support my work with like, thank you!❤️
Bitcoin successfully broke and closed above a key horizontal resistance yesterday. Look like bullish rally continues and the price will most likely retest ATH soon. After a test of ATH, wait for its breakout. It will push the prices to new highs. ❤️Please, support my work with like, thank you!❤️
This trend line, that I spotted on a daily, is very significant. The price formed a double bottom pattern on an hourly time frame, after its test. The morning's Japanese CPI report also strongly supports the pair. I expect a bullish movement at least to 91.2 ❤️Please, support my work with like, thank you!❤️
EURJPY formed a nice inverted head and shoulders pattern on a key horizontal support. Its neckline breakout is an important bullish signal. We can expect a pullback at least to 164.2 ❤️Please, support my work with like, thank you!❤️
GBPCHF shows to strong bullish confirmations after a test of a key horizontal support. I see a bullish breakout of a resistance line of a falling wedge pattern and a bullish violation of a neckline of a cup & handle pattern. I expect growth now. Goals: 1.135 / 1.1375 ❤️Please, support my work with like, thank you!❤️
Update for USDJPY. As I predicted earlier, the market nicely respected an underlined blue resistance and the price nicely dropped from that on Friday. Analysing a 4H time frame today, I spotted one more bearish confirmation - a breakout of a support line of a rising parallel channel. I expect a bearish continuation to 150.55 ❤️Please, support my work with...
USDCAD may drop from a key daily structure resistance. I see 2 strong intraday confirmation on an hourly time frame: double top formation and a breakout of a support of a rising wedge pattern. The price may drop at least to 1.3566 support. ❤️Please, support my work with like, thank you!❤️
I am going to reveal a powerful fibonacci trading strategy that I learned many years ago. It combines structure analysis, fibonacci retracement and extension levels and candlestick analysis. Step 1 Find a trending market - the market that is trading in a bullish or in a bearish trend on a daily time frame. AUDUSD is trading in a bullish trend on a...
Here is my latest structure analysis and important key levels to watch & trade on EURUSD next week. As always, consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
The structure support that we spotted earlier on Gold remains respected and we saw a strong bullish movement from that this week. Feels like this bullish spike is just a manipulation. Next week, we will most likely see a test of an underlined blue support one more time. As I previously said, its bearish breakout will be an important event that will signify...
Harmonic ABCD pattern is a classic reversal pattern. In this article, I will teach you how to recognize that pattern and trade it properly. This pattern is composed of 3 main elements (based on wicks of the candles): 1️⃣ AB leg 2️⃣ BC leg 3️⃣ CD leg The pattern is considered to be bullish if AB leg is bearish. The pattern is considered to be bearish if...
NZDUSD violated a significant daily support cluster. The price will most likely continue falling next week. Next support - 0.597 ❤️Please, support my work with like, thank you!❤️