morning traders, it looks like we had a false breakout on eurcad. the price has broken below 4H structure support but then quickly returned back above that. with a higher low formation and 4H violation of minor yellow resistance cluster, chances are high that the price will continue growing today. goals: 1.548 1.552
NZDJPY reached a major daily resistance level yesterday. today the price is quite weak and we see minor fluctuations within a narrow trading range. on a 4H chart the price has formed a double top pattern. 71.6 is its minor support. I want to see 4H violation of that to initiate short trade. goals: 71.0 70.55 in case of a new higher higher higher close on 4h,...
Daily time frame analysis. Price action & potential scenarios. Trading recommendations and directional bias. Please, support this video with like and comment. Thank you!
morning traders, we saw a massive expansion on GBPCHF yesterday. with a huge high momentum bullish candle the pair has broken through a resistance line of an ascending triangle on a daily. that breakout opens a potential for further bullish continuation to major red resistance. I missed that rally and look for opportunities to be involved in this bullish...
Crude oil is retesting key daily structure support. on hourly chart, the price is steadily falling within a bullish flag pattern. in case of a bullish violation of its resistance, chances will be high that the price will start growing. goals: 38.2 39.0 in case of bearish violation of a yellow potential reversal zone, setup will be invalid
harmonic bearish abcd pattern on AUDCAD. pattern completion point matches perfectly with a daily/4h resistance cluster. + the price has formed a tiny little double top pattern. now the price will most likely keep falling. first goal - 0.9405
morning traders! EURCAD reached a strong 4H structure cluster. the price formed a tiny little double top on that and a sequence of two bearish engulfing candles. the pair looks bearish to me and I opened a short position. goals: 1.541 1.5375
Daily/4h/1h time frame analysis on EURUSD. Price Action & Key Levels. Trading Plan & Scenarios. Please, support this video with like and comment. Thank you!
USDJPY finally broke and closed below 104.0 major structure support on 3d/d timeframes. now this structure turned to resistance. In my view this breakout defines midterm/long-term sentiment on the pair and sellers will push lower. we can not define the exact time horizon for now, but the next goals for sellers are: 103.1 101.2 (it is not a trading...
DXY lost almost 2% since the start of US elections. Looks like big money considers Biden's win to be negative for US economy.... Please, support this video with like and comment. Thank you
EURAUD is one more time approaching a key daily structure support. on 4H the price is currently trading in a local bearish trend and follows the boundaries of a falling wedge pattern. In case of a breakout of wedge's resistance (4H candle close above) chances will be high that bullish movement will start. goals: 1.645 1.654 (in case of a new lower low lower...
Daily/4H/1H time frame analysis on gold. Price action, patterns, structure discussed. Bearish scenario explained. Please, support this video with like and comment! Thank you!
hey traders, due to uncertainty with elections, it is quite hard to find a decent trading opportunity. the instruments are quite volatile and chaotic at the moment so I am waiting until it settles. On eurusd after a bounce from the current structure low, the price is currently attempting to break above a major falling trend line that served as the...
hey traders, dodji candle formed on a key level on a daily. after a strong bearish move from 1.185 level, EURUSD has stopped on 1.1625 current daily low. the market looks oversold and I expect a pullback. goals: 1.17 1.175
GBPAUD broke and closed below a major daily trend line. the price had set a lower high before the breakout happened. looks like the price is preparing to reverse after September's bullish wave. on hourly the price is currently retesting a broken trend line. the price has formed a double top with a lower high and just broken its neckline. the price will most...
CADJPY got rejected from key daily structure resistance. on 1H the price has formed a double top formation on a key level and broken below the support line of a rising wedge pattern. now the neckline of a double top and broken trend line serve as a local supply zone. after its retest bearish continuation is highly probable goals 78.7 78.3
Classic double top formation on EURJPY. (if you check daily and 4h chart, you will see that the pattern was formed on a key structure) The price has just broken its neckline and chances are high that the market will go lower. goal: 121.83
Daily/4h time frame analysis. Price action & potential scenarios. Trading recommendations. Please, support this video with like and comment! thank you!