Hey traders, Decision is made and bears decided to push GU lower. The price has successfully broke and closed below a key horizontal structure support. Now further decline is expected. Next goal - 1.3685 ❤️Please, support this idea with a like and comment!❤️
CADCHF broke and closed above a resistance line of a bullish flag pattern on a daily. Taking into consideration that the market is trading in a long-term bullish trend, such a breakout can be a nice trigger for a strong swing up. I expect growth to: 0.748 0.752 ❤️Please, support this idea with a like and comment!❤️
Gold finally reached a strong daily structure support yesterday. Today we see very nice bullish signs. The price has just broken and closed above a resistance of a falling wedge pattern. I guess the market will continue growing. Goals: 1785 1795 ❤️Please, support this idea with a like and comment!❤️
EURCHF broke and closed above a resistance line of a major falling channel on a daily. Taking into consideration that a bullish rally was initiated from 1.087 weekly demand cluster, it may lead to the initiation of a new bullish trend. For now, local bullish continuation is expected. Goals: 1.1 1.1025 ❤️Please, support this idea with a like and comment!❤️
Hey traders, DOTUSD reached a historic low recently. Then the price started to grow, violating a falling wedge pattern and forming a double bottom. Now I expect a bullish continuation. Goals: 20.35 20.7 Consider a retest as your save entry. ❤️Please, support this idea with a like and comment!❤️
Multi time frame analysis on gold. Trading recommendations & structure analysis. Price action & directional bias. ❤️Please, support this idea with a like and comment!❤️
GBPUSD is very close to an important decision point: 1.3785 - 1.38 is a support cluster based on a current local structure low. Here are two scenarios for you to watch: Bearish - To catch a bearish continuation, wait for a breakout of the yellow zone to the downside. It will trigger a bearish move to 1.37 Bullish - To catch a pullback from the...
Hey traders, USDCHF is approaching a local structure high. The price is entering a strong daily demand zone and chances will be high to see a pullback from that. To sell the market with a confirmation, wait for a bearish breakout of a rising parallel channel on 1h. (you need at least an hourly candle close below its boundary) Your initial goal will be...
Since last week I am very bearish on EURJPY. Spotting a very nice intraday confirmation on Thursday, I shorted the pair. Analyzing the market this morning, I noticed one more bearish clue: the price broke a symmetrical triangle to the downside on 4H. Decline is expected. Goal - 131.55 ❤️Please, support this idea with a like and comment!❤️
I am currently watching AUDJPY pair. The price is trading within a strong horizontal supply cluster. Analyzing the intraday perspective, we see that the market is currently ranging. The price is coiling within a horizontal channel. To catch a bearish move, wait for its support breakout. It will be your trigger to sell. Goals: 83.3 82.9 ❤️Please, support...
Top-down analysis on WTI. Price action & structure analysis. Trading plan with confirmation. ❤️Please, support this idea with a like and comment!❤️
Hey traders, On NZDCHF we see a classic reversal price action: we see a local bullish trend violation and initiation of a new bearish trend with a sequence of lower low and lower high. Now bearish continuation is expected to lower levels. Goals: 0.645 0.642 ❤️Please, support this idea with a like and comment!❤️
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Hey traders, Key level ahead on ⚠️EURUSD. 1.198 - 1.2 is a strong daily supply cluster. The price has already been rejected multiple times approaching that. Next week I will look for 1️⃣ a test of that structure, 2️⃣ intraday confirmation with a reversal pattern, or some minor structure breakout and then 3️⃣ short to 1.1855 local structure low. Though this...
Hey traders, Analyzing a weekly time frame on Gold I noticed a very peculiar zone of confluence. We see a perfect match between a major rising trend line (connecting higher lows) and 382 retracements of multiple impulse legs. The underlined green zone gives us a perfect demand area to catch a potential bullish move. Keep monitoring this zone and look for a...
EURGBP reached a strong falling trend line on Friday. As a confirmation, the price broke and closed below a support line of a rising wedge pattern. Now I expect a bearish continuation. Goals: 0.856 0.654 ❤️Please, support this idea with a like and comment!❤️
One more update for USDJPY . Since my last post, the price formed a double top formation on 4H. Bearish breakout of its neckline (yellow zone) will be a perfect trigger to short. Your goal will be 110.25 In case of a new higher high higher close on 4H, the setup will be invalid. ❤️Please, support this idea with a like and comment!❤️
Hey traders, Analyzing a weekly time frame on Gold I noticed a very peculiar zone of confluence. We see a perfect match between a major rising trend line (connecting higher lows) and 382 retracements of multiple impulse legs. The underlined green zone gives us a perfect demand area to catch a potential bullish move. Keep monitoring this zone and look for a...