hey traders, though this week was very bullish for EURUSD I think that the market leaves clear clues that it is overbought and needs a pullback. you can notice that on 4h chart we have a sequence of two rejection candles in conjunction with RSI divergence and resistance of a rising channel. For this reason, I think that the market may retrace to a lower...
on NZDCAD there is a high chance to see bullish continuation. For confirmation, we are waiting for a bullish breakout of a resistance line of a triangle. Stop will be below the lowest point of the triangle Target levels: 0.846 0.850 *if the market closes below the support of the triangle, setup will be invalid
WTI has clearly respected a key structure support level on a daily. we see a sequence of rejection/dodji/engulfing candles and rsi divergence as well. I have a bullish bias on WTI and currently hold a long position. My stop is 50 level but I have entered a few days earlier. Key levels for targets: 56.0 58.0 60.0 please, support the idea with like!)
WTI has clearly respected a key structure support level on a daily. we see a sequence of rejection/dodji/engulfing candles and rsi divergence as well. I have a bullish bias on WTI and currently hold a long position. My stop is 50 level but I have entered a few days earlier. Key levels for targets: 56.0 58.0 60.0
hey traders, yesterday we saw a very significant movement on GBPUSD and the pair is very very close to a key supply zone . I think that many traders will take profits inside this area and structure trades will open shorts. For this reason, on my trading radar is 1.249 - 1.258 area of resistance. I will be waiting for a reversal signal inside this area to...
hey traders, yesterday we saw a very significant movement on GBPUSD and the pair is very very close to a key supply zone. I think that many traders will take profits inside this area and structure trades will open shorts. For this reason, on my trading radar is 1.249 - 1.258 area of resistance. I will be waiting for a reversal signal inside this area to...
hey traders, very peculiar trading setup on AUDNZD. after a strong selloff, the pair has stopped setting new lower lows and for the last two days, the market was coiling within a narrow horizontal trading range. if bulls violate the range, I will buy the pair expecting bullish continuation to higher structure levels. target levels will be T1 - 1.071 T2 - 1.073
I have recently shorted EURCHF. Trade is based on structure and harmonic bearish cypher pattern. Entry - 1.097 Stop - 1.099 T1 - 1.094 T2 - 1.091
Completed head and shoulders pattern formation on NZDUSD. There is a high chance to see bullish continuation to higher levels of structure. Now we are waiting for a bullish breakout of a neckline to buy the pair. Target levels are based on structure: T1 - 0.6380 T2 - 0.6335
hey traders, very peculiar trading setup on AUDNZD . after a strong selloff, the pair has stopped setting new lower lows and for the last two days, the market was coiling within a narrow horizontal trading range. if bulls violate the range, I will buy the pair expecting bullish continuation to higher structure levels. target levels will be T1 - 1.071 T2 - 1.073
EURGBP is still very very bullish . Next zone on my radar is 0.905 - 0.91 I will be looking for a signal inside this area to short the pair. Target levels will be 0.895 and 0.891
EURGBP is still very very bullish. Next zone on my radar is 0.905 - 0.91 I will be looking for a signal inside this area to short the pair. Target levels will be 0.895 and 0.891
Completed head and shoulders pattern formation on NZDUSD . There is a high chance to see bullish continuation to higher levels of structure. Now we are waiting for a bullish breakout of a neckline to buy the pair. Target levels are based on structure: T1 - 0.6380 T2 - 0.6335 Please, support idea with like. Thank you!)
hey traders, this week AUDUSD is predominantly bearish. pair is trading within a falling wedge pattern. I expect further bearish continuation to 0.672 structure support level. I think that the majority of buying orders is consolidating on this level, so there will be a high chance to see a bullish breakout of the wedge. For us, it will be the entry...
hey traders, it looks like pound aussie turns bearish . on a daily, the market is currently attempting to break below the flag pattern and 1.815 key structure support level. in case of a confirmed breakout, there will be a high chance to see the stong bearish movement to retest the market low. Target levels for us will be: 1.80 1.78 1.76 Please, support the...
hey traders, it looks like pound aussie turns bearish. on a daily, the market is currently attempting to break below the flag pattern and 1.815 key structure support level. in case of a confirmed breakout, there will be a high chance to see the stong bearish movement to retest the market low. Target levels for us will be: 1.80 1.78 1.76 Please, support idea...
hey traders, descending triangle formation on EURCAD . on focus is the horizontal support. if bears break below it, most likely, selling volumes will increase and we will see bearish continuation to lower levels of structure. T1 - 1.455 T2 - 1.451 Want to know where stop will be? Leave a comment :) *remember, that the market can also break to the upside! in...
hey traders, descending triangle formation on EURCAD. on focus is the horizontal support. if bears break below it, most likely, selling volumes will increase and we will see bearish continuation to lower levels of structure. T1 - 1.455 T2 - 1.451 Want to know where stop will be? Leave a comment :) *remember, that the market can also break to the upside! in...