EURJPY is retesting 129.6 structure again. And again I see a confirmation with a falling channel breakout on hourly time frame. I expect a pullback to 130.38 level ❤️Please, support this idea with a like and comment!❤️
Daily/4h time frame analysis on AUDUSD. Bearish accumulation & my plan to trade it. Thoughts & tips. ❤️Please, support this idea with a like and comment!❤️
There are thousands of different ways to trade the market. During the last 100 years, various trading strategies and techniques were invented. One of the ways to categorize them is to split them by types of traders. Such a category type will lean on 2 main elements: trading frequency and time frame selection. 1️⃣ - Scalper I guess 99% of newbie traders...
Hey traders, Gold is retesting a recently broke major supply cluster. With a structure swap, it turned into a demand zone . On Monday pay close attention to 4h/1h intraday price action. I will look for a confirmation (reversal pattern formation within the zone) to buy the market. My goals will be: 1832/1844 In case of a bearish violation of the zone,...
Hey traders, EURUSD still leaves bearish clues. Trading in a long term bearish trend, the pair started to slow down a bit, but still keeps falling within a falling parallel channel setting new lower lows and lower highs. I believe that bears will keep pushing the price to the year's low. 1.17 - 1.172 is the major demand zone to watch. In case of the absence...
AUDJPY formed a cute head and shoulders pattern on a strong resistance level. With a violation of a neckline and 4H candle close below, I expect a further decline. Initial goal - 81.4 ❤️Please, support this idea with a like and comment!❤️
Daily/4h time frame analysis on BTCUSD. Key level & price action. Trading recommendations & thoughts. ❤️Please, support this idea with a like and comment!❤️
As I predicted earlier, a strong short rally started from 77.0 level on WTI. Being a key monthly structure, the market has already lost most than 7% of its value after a test. Now the question arises, where is the goal for sellers? Drawing the fib retracement based on the last bullish impulse, you can see how perfectly the price respected a 382 level. I guess...
NZDCAD is trading within a wide horizontal trading range on a daily time frame. This night its resistance was reached. 0.884 - 0.887 is our potential reversal zone. To catch a bearish move from that, follow a rising parallel channel on 1H. Wait for its bearish breakout as a confirmation. First goal will be 0.877. Stop will be above the last high within the...
Gold broke and closed above a resistance zone of a horizontal trading range. With a new higher high higher close, bullish continuation is now expected. I believe that the price may reach 1844/1855 levels quite soon. If you missed the trade, consider the retest of the broken structure. ❤️Please, support this idea with a like and comment!❤️
Little update for my yesterday's trading plan on USDJPY. The price keeps growing and being within a strong daily supply zone I am still looking for shorting opportunities. Since yesterday, the price set a new higher low, making me adjust the previously drawn channel. Our plan remains the same: we need to see a bearish breakout of a rising channel to confirm a...
Hey traders, USDJPY recently broke and closed below a support line of a major rising channel on a daily. Now we see the retest. On the chart, I underlined a blue area that is considered to be a potential strong zone of supply. To catch a bearish move, pay close attention to a rising wedge pattern on 1h. Its bearish breakout will be a trigger for us to...
EURGBP looks good for an intraday long trade. The price reached strong daily support and broke and closed above an intraday trend line on hourly. It was a great confirmation for me to open a long position. Intraday goals: 0.8565 0.858 ❤️Please, support this idea with a like and comment!❤️
Structure analysis on GOLD. Multi time frame outlook & scenarios. Trading plan explained. ❤️Please, support this idea with a like and comment!❤️
AUDJPY is stuck within a narrow horizontal trading range. 82.8 is its resistance. 82.0 is its support. Depending on the side of a breakout of the range I see two potential scenarios: If bears violate and close below the support of the range, I will expect a bearish continuation to 81.4 - local structure low. If bulls break and closed above an upper...
Hey traders, Very important thing happened yesterday on EURUSD. The price set a new lower low lower close on daily/intraday time frames. Being very bearish from May, it looks like bearish pressure will proceed. The price is steadily falling within a parallel channel on 4H and so far its boundaries serve as the points to buy/sell from. Next key goal for...
Hey traders, GBPCAD is approaching an important daily resistance cluster. Depending on the market reaction to that structure I see two potential scenarios: Bullish In case of a daily violation (daily candle close above) of a yellow zone, I will expect a bullish continuation to 1.75 level. Bearish In case of a bearish breakout of a rising parallel channel...
What a cute bearish engulfing candle on GBPCHF. After some local consolidation & indecision, we see a high momentum bearish candle on hourly demonstrating us a strong bearish pressure. Taking into consideration that the pair is very bearish on intraday perspective, I expect a bearish move. Goals: 1.263 1.258 ❤️Please, support this idea with a like and comment!❤️