gold is still stuck in a correctional structure. the price is weakening within a descending triangle formation and expansion is coming. for now keep following the price within a triangle and consider intraday short and long opportunities within that. it you want to make an accurate long term prediction, breakout will most likely clarify that. good luck!
AUDUSD is retesting a broken support line of a rising wedge pattern. the price got rejected from that on 4h and formed a dodji candle. on 1H chart we have a completed harmonic abcd pattern with a completion point lying perfectly on the above mentioned support. on 30 minutes the price is consolidating within a narrow horizontal trading range. I want to short...
GBPJPY is retesting a broken strong horizontal structure. Because the pair is currently trading in a bearish trend, the market will most likely keep falling. selling volumes will accumulate within a blue supply area and then bearish reaction will follow. goals: 135.04 134.68
Price action and important reversal clues discussed. Bearish scenario explained and recommendations given. please, support this video with like and comment. thank you!
hey guys, sharp bearish rally started this night on AUDNZD. 1.083 strong structure support was easily broken and now short rally will most likely continue to the next structure. based on 3 days chart analysis here are the key levels to look at: 1.065 - 1.069 support area is based on 2018's and 2019's price action. it might be a current goal for...
spy is trading within a wide horizontal trading range on 4H. the price has recently reached its horizontal support and formed a double bottom formation. breakout of its minor resistance confirms a local strong bullish sentiment. for that reason, the index may keep growing. goals: 3390 3415
USDJPY is trading within a descending triangle formation on a daily. the price keeps setting lower highs respecting the same horizontal support with equal lows. descending triangle is a bearish pattern. today we may see a breakout attempt of its support. in case of a daily candle close below, bearish continuation will continue goals: 104.74 104.2 also, be...
EURCAD is retesting a broken resistance line of a major falling channel. Chances are high that the price will start growing from the underlined blue demand cluster. goals: 1.564 1.57
hey guys, gold keeps setting lower highs on a daily and consolidation continues. yesterday, once the market reached a triangle resistance, the price formed a double top formation then broke and closed below a support line of a rising wedge pattern. with a high momentum bearish candle, the breakout is confirmed now and we have an opportunity to short the...
Price action and structure analysis on GBPUSD. daily and 4h chart discussed. key levels and save buying and selling scenarios discussed. please, support me with like and comment. thank you!
Confirmed breakout of a bullish flag pattern on Toyota. Taking into consideration that the market is trading in a bullish trend this breakout will most likely initiate a bullish rally. I will buy on a retest of 618 retracement of the last minor bullish leg. goals: 7286 7523
Hey guys, Important CAD news today. We gonna see a lot of fundamental statistics in 40 minutes. It may drive AUDCAD to new structure highs. currently, the price is consolidating within an ascending triangle formation. daily candle close above its resistance will be a good signal for us to buy on a pullback. target levels: 0.975 0.98 in case of positive...
hey guys, GBPNZD is currently approaching a strong weekly structure. because the pair is very volatile and can boom and bust very quickly, here are the key levels that you must consider trading this market: Support 1 - 1.905 - 1.915 this structure is based on the current year's low and price action of 2019th. the market is currently testing that area, so...
finally, a short trade is active on CHFJPY. the analysis is based on the video that I posted earlier last week. the market successfully broke minor support of a double top formation and during this night it was retested. now bearish movement will be highly probable. first goal - 115.45 start protecting your position from 115.9 level with stop to breakeven.
Looks like pound cad respected a key horizontal daily structure. the price formed an inverted head and shoulders formation on 4h and broke above the horizontal neckline. now bullish continuation is highly probable. goals: 1.7 1.7042
bitcoin is stuck on a key daily horizontal structure for more than 10 days. the price is coiling within a wide horizontal trading range on 4h. at the moment the price is testing its upper boundary one more time. IF bulls manage to break and close above that on 4H it will be a strong bullish signal for us. next goal will be 11100 level. if the resistance will...
Looks like bullish continuation is coming on NATGAS. Key levels, price action, and scenarios explained. Please, support me with like and comment. Thank you!
good morning, traders! NZDCHF finally broke above a resistance line of a falling wedge pattern. the price also formed a double bottom formation and went rejected on the second low confirming bearish weakness. now the expanding area between the current price level and a falling broken trend line serves as support. goals: 0.613 0.617