GBPNZD was consolidating for quite a while within a narrow hourly trading range. the price formed a triple top there and finally, we see a breakout of the range to the upside. it will most likely trigger a strong buying reaction and the price will go much higher. goals: 1.9525 1.9572 (+ if you check daily/weekly chart you will notice that the price is...
NZDUSD broke below a support line of a rising parallel channel. the breakout is matches with a violation of a horizontal minor support of a double top formation. now the price will most likely drop low. because the breakout candle was quite strong, I recommend retest entry. first goal: 0.665
EURCAD has broken below a support line of a bearish flag pattern. It is a very strong bearish signal. now its broken support serves as the safe area to sell from. I expect a drop to: 1.5475 1.5425
coffee is extremely bearish since September. we saw a sharp and strong decline during the last two month. however, just recently the price has reached a major daily support level. chances are high that we will see at least a pullback from that. I am waiting for a 4H candle close above 107.1 level. it is a horizontal neckline of an inverted h&s pattern. after...
GBPUSD reached a strong horizontal daily structure support. on hourly the price has just violated a resistance line of a bullish flag pattern. the breakout is now confirmed by violation of 1.3034 minor horizontal resistance. now I expect a bullish continuation. goals: 1.3099 1.3150
Daily/4H time frame analysis on EURUSD. Price action and potential scenarios. Important bearish clues discussed. Please, support this video with like and comment. Thank you!
CADCHF reached strong horizontal structure support on a daily. on 4h the price steadily declines within a falling wedge pattern. to catch a bullish wave I would focus your attention on 0.686 - 0.688 horizontal trading range. 4H candle close above that will be our signal to initiate long position. goals: 0.6905 0.692 in case of 4H candle close below the...
Daily/4h/1h time frame analysis on NZDUSD. Price action analysis. Key levels. Trading plan explained. please, support this video with like and comment. thank you!
NZDCHF is trading on a key daily level. that level matches perfectly with a strong 4h/1h structure resistance. on hourly time frame, the price has formed a double top formation on that and broke below its minor support. now it is a retest phase. I expect a drop from the current price levels. goals: 0.6019 0.6
hey guys, still not clear where EURUSD will go next. the price is still stuck within two major trend lines and for now, it consolidates within an expanding decision range. the problem is that we can never know how long the price will trade within. the timespan is unknown. to catch the next swing move I would wait for a violation of that range either to the...
hey traders, gold is stuck within an important decision zone. the price is currently trading below a major falling trend line and key horizontal structure resistance. at the same time, a minor rising trend line serves as the resort for buyers right now. the range between them becomes shorter and shorter. we need to wait for a daily violation of that zone to...
EURAUD retraced to a key daily structure support level. on hourly time frame the price is steadily going down within a bullish flag pattern. currently, the price is consolidating within a narrow horizontal decision range. 1.661 is the minor resistance of this range. wait for 1H candle close above that to initiate long trade. stop will be below the lows. in...
hey traders, I just took a short trade on NZDUSD. Reason: the price has reached a strong 4H trend line. on hourly the price has formed a descending triangle formation and broke and closed below its horizontal support. I shorted on retest. goals: 0.6645 0.6625
Daily/4H time frame analysis on GBPUSD. Price action and directional bias explained. Trading plan and safe entry points given. Please, support this video with like and comment. Thank you!
Daily/4H analysis. Trading plan & trading recommendations. Price action & swing approach. Please, support this video with like and comment. thank you!
hey traders, as it has been discussed earlier, gold has reached a strong resistance area. we see a perfect match between a horizontal daily structure and a major falling trend line. identified daily resistance cluster matches with a resistance line of a rising parallel channel on 4H. on hourly time frame, the price is forming a head and shoulders...
hey traders, nas 100 is retesting a major daily/4h structure resistance. chances are high that a bullish rally will be initiated from the underlined zone. to catch that I would suggest waiting for a violation (4H candle close above) of a resistance line of a bullish flag pattern. most of the time such breakouts serve as a very strong signal. goals will...
hey traders, EURUSD is currently trading within a very peculiar zone: its upper boundary is based on the major rising trend line that the price broke in September and that currently serves as the resistance. its lower boundary is based on the major falling trend line that the price has violated yesterday and that currently serves as the support. for now, I...