AUDJPY is quite oversold after a strong bearish rally. The price reached a key daily pivot and managed to violate a falling parallel channel to the upside. I expect a local bullish movement. Goals: 83.0 83.35 ❤️Please, support this idea with a like and comment!❤️
GBPUSD looks relatively oversold. On Friday the price reached a key level and leaves some reversal clues. We see a confirmed breakout of a falling parallel channel on hourly time frame. I expect a pullback at least to 1.391 ❤️Please, support this idea with a like and comment!❤️
Hey traders, ⚠️USDCHF is approaching a strong daily resistance level. On hourly time frame, the price formed a triple top formation. To catch a pullback from the underlined structure, wait for 0.921 horizontal neckline breakout (1H candle close below). Then sell aggressively or on a retest. Your goals will be: 0.917 0.914 ❗️In case of a new higher high...
Hey traders, Relative strength index is a classic technical indicator . It is frequently applied to spot a market reversal. RSI divergence is considered to be a quite reliable signal of a coming trend violation and change . Though newbie traders think that the application of the divergence is quite complicated, in practice, you can easily identify it...
EURGBP broke and closed below a strong daily support cluster. Now the broken structure and a falling trend line compose a local zone of supply. From that a bearish movement will be expected. Next goal will be 0.848 ❤️Please, support this idea with a like and comment!❤️
Hey traders, GBPCAD broke and closed above a major daily key level. Now the breakout is considered to be confirmed and bias is bullish. I am waiting for a pullback to catch a swing-long trade. Goals: 1.74 1.757 ❤️Please, support this idea with a like and comment!❤️
Hey traders, Here are to main scenarios for you to watch on gold. In my view the market is quite oversold and quite soon we will see the retracement. Check the chart for more details. ❤️Please, support this idea with a like and comment!❤️
Hey traders, EURUSD keeps rallying. Bears keep pushing the market and we see a strong bearish movement. I am currently waiting for a pullback to a key level to catch a trend following movement. 1.1975 - 1.2 is the first key resistance to watch. 1.2045 - 1.2065 is the second major resistance. Wait for a pullback to these levels and wait for a confirmation...
The last trading days were very bullish on cryptomarket. Bitcoin has recently retested a 40.000 level and even went a bit higher. Retracing, the price formed a falling wedge pattern. Testing a key level (previous local high) the wedge went broken to the upside. I guess now the market will grow. Goals: 40800 41800 ❤️Please, support this idea with a like and...
Update after yesterday's FOMC meeting. Daily time frame analysis. Key levels & trading recommendations. ❤️Please, support this idea with a like and comment!❤️
Hey traders, Very important thing happened with Gold this week: the price broke and closed below a major rising trend line, moreover, the market set a new lower low lower close on a daily starting a local bearish trend. Now the broken trend line turned into resistance. The area between a broken trend line and the current market high serves as a sell...
NZDUSD is trading in a sideways. Since April the market is trading within a wide horizontal trading range. 0.711 - 0.7145 is its support 0.729 - 0.7315 is its resistance For range trading, consider its boundaries. Buying from support and selling from resistance, you can catch nice moves. To catch the next swing move, wait for a breakout of the range's...
USDJPY is approaching a year's high. From a current perspective I see two potential scenarios: 1 - Bearish: Because the underlined red structure is considered to be a key daily/weekly level, a strong bearish swing may initiate from that. To catch it, wait for a bearish breakout of a rising parallel channel. It will be a trigger for a bearish...
Top-down analysis on USDCAD. Price action & candlestick analysis. ❤️Please, support this video with a like and comment!❤️
Hey traders, EURNZD broke and closed below a support line of a rising wedge pattern on 4H. The price formed a double bottom formation within the wedge leaving bearish clues. Now I expect a bearish move after a retest of a broken trend line. Goal - 1.682 ❤️Please, support this idea with a like and comment!❤️
Hey traders, EURAUD tested a strong daily key level yesterday. We got a nice confirmation with a bullish breakout of a descending triangle. Now I believe that the pair will start growing. First goal - 1.582 ❤️Please, support this idea with a like and comment!❤️
AUDNZD reached a strong daily resistance on Friday. To catch a pullback from the underlined structure, wait for a bearish breakout of a rising channel on 4H. While the market is within, it remains bullish. First goal will be 1.0724 ❤️Please, support this idea with a like and comment!❤️
Daily time frame analysis on GBPUSD. Price action & key levels. Directional bias & thoughts. ❤️Please, support this video with a like and comment!❤️