GBPCHF is retesting a strong 4H resistance cluster. within that, the price has formed a double top formation. taking into consideration a local bearish trend, chances are high that the price will drop. to short that zone wisely, wait for 1H candle close below 1.2053 level. then short aggressively or on a retest. the first goal will be 1.2024 if the market...
hey guys, bullish bat pattern is forming on tencent. pattern completion point is lying perfectly on a horizontal 4h/daily structure. 508.0 - 501.0 is our buying area. target levels: 524.0 538.0
hey guys, EURUSD has perfectly closed on the support line of a rising parallel channel. as it been said earlier, we still remain bullish biased until the market is trading within. however, the market is clearly slowing down and we must consider that. for that reason, we should be prepared for a bearish breakout. here is your plan, that will help you properly...
hey traders, lucky are those who were trading the market opening today. it was just a brilliant short opportunity on CADCHF pair. the price has respected the daily horizontal structure resistance and a resistance line of a major channel, formed dodji on 4H and now going down. now bearish continuation to the support of the channel will be highly probable.
Crude oil lost almost 10% from the 26th of August. clearly, 43.5 is our new key daily structure and currently, it is the closest strong resistance. the closest support is quite far. 34.4 - 36.2 is the first strong support based on this year's price action. the next support is lying within 27.1 - 28.7 also based on this year's price action. we will look for...
Crude oil lost almost 10% from the 26th of August. clearly, 43.5 is our new key daily structure and currently, it is the closest strong resistance. the closest support is quite far. 34.4 - 36.2 is the first strong support based on this year's price action. the next support is lying within 27.1 - 28.7 also based on this year's price action. we will look for...
hey guys, EURUSD has perfectly closed on the support line of a rising parallel channel . as it been said earlier, we still remain bullish biased until the market is trading within. however, the market is clearly slowing down and we must consider that. for that reason, we should be prepared for a bearish breakout. here is your plan, that will help you...
nice correctional movement on spy yesterday. the price perfectly dropped to a support line of a major rising channel. this support matches perfectly with a 618 retracement of the last bullish impulse + bullish engulfing candle formed, confirming the strength of structure. I believe that now it can start recovering. goals: 3507 3560
USDCHF is retesting the resistance line of a major falling channel that was broken this week. the price is stuck on its boundary and shows positive, bullish signs. I believe that today and tomorrow we can expect a bullish continuation. Goals: 0.913 0.915
USDCAD has reached a strong 4H resistance cluster. it matches perfectly with a resistance line of a major major falling parallel channel. + we have a nice confluence of 618 retracement and completed abcd pattern with D point lying exactly within the identified supply area. based on that the price will most likely retrace. target: 1.3095
AUDNZD reached a key daily horizontal structure. pullback from that will be highly probable. on 4h/1h the price stopped falling and formed an inverted head and shoulders pattern. I am waiting for a 1H candle close above the yellow neckline to buy the pair. target levels: 1.087 1.0895
Analysis of a daily and weekly time frame on EURUSD. Bearish & bullish scenarios explained. breakout rules discussed and proper stop placement. enjoy and, please, support the video with like and comment!
hey guys, classic example of a trend following setup on usdcad. the price is recovering after a shart bearish rally and we are now trading in a local bullish trend. the price has just broken above the resistance line of the ascending triangle formation. best entry will be on its retest, to catch the next impulse. next goal - 1.3105 good luck!
Bullish cypher pattern formed on EURCAD 4H chart. the pattern completion point is lying on the broken resistance line of a falling wedge pattern. a pullback is highly probable from the yellow demand area. target levels: 1.5537 1.5575
CHFJPY is stuck on a key weekly structure resistance. the price got rejected and set a lower high on a daily. head and shoulder formation has formed on lower time frames. currently, the last resort for buyers is the support line of a major rising parallel channel. now we see its breakout attempt. to be involved in this selling movement, I would suggest...
Potential scenarios and key levels explained. Recommendations and trading advice.
NZDCAD broke and closed above a key daily structure resistance last week. during the last two days, the price was consolidating and steadily rolled over within a bull flag pattern. however, after a retest of a broken daily structure, the price has violated the flag to the upside. now bullish continuation is highly probable. goal - 0.883
AUDNZD is trading in a sharp bullish trend on a daily. from the 18th of August, the pair is consolidating within a falling wedge pattern. this night the market broke and closed above its resistance line on 4H. with a retest and positive reaction, chances are high that the pair will keep growing. target levels: 1.0985 1.102