Why are we entering? - Price is at channel support - We have previous structure at the channel support area - We are expecting EUR to strengthen for the short to medium term What are we waiting for to happen? - Waiting for one 4H candle to signal bullish pressure - EUR index to reject structure level What is our confirmation? - 4H bullish candle - lower...
Why are we entering? - Price is at channel support - We have previous structure at the channel support area - We are expecting EUR to strengthen for the short to medium term What are we waiting for to happen? - Waiting for one 4H candle to signal bullish pressure - EUR index to reject structure level What is our confirmation? - 4H bullish candle - lower...
Gold broke down nicely but the shorts don't seem to be over. Waiting to short it once more back to the major trendline and then will reassess there. Watching for lower timeframe correction to break before entering. Goodluck and trade safe!
Gold broke down nicely but the shorts don't seem to be over. Waiting to short it once more back to the major trendline and then will reassess there. Watching for lower timeframe correction to break before entering. Goodluck and trade safe!
Gold has been in a bearish wave for a month and we might be near the end of that wave. Price looks to be in a descending channel which is often a reversal pattern. At the moment we are looking for continued shorts to the major trending that has been in place since 2019. On the smaller timeframe, watch for the ascending trendline in the channel to break and enter...
Gold has been in a bearish wave for a month and we might be near the end of that wave. Price looks to be in a descending channel which is often a reversal pattern. At the moment we are looking for continued shorts to the major trending that has been in place since 2019. On the smaller timeframe, watch for the ascending trendline in the channel to break and enter...
Hey Traders, In this post we will aim to clear some of common misconceptions of trading and how we can help you go further in your trading career by giving you all the tools you need to better understand the market and kill the game. ____________________________________________________________ 1. Trading is easy. Trading is relatively easy IF you know the...
After the recent structural shift in the crypto market, ADAUSD (Cardano) gave us an ascending correction which lead up to the 61.8 fibonacci level and is on it's way down. The main target is the -0.27 fibonacci where we'll complete the ABC correction. In the meantime, will be looking for any shorting opportunities via a bear flag or break and retest. Goodluck...
After the recent structural shift in the crypto market, ADAUSD (Cardano) gave us an ascending correction which lead up to the 61.8 fibonacci level and is on it's way down. The main target is the -0.27 fibonacci where we'll complete the ABC correction. In the meantime, will be looking for any shorting opportunities via a bear flag or break and retest. Goodluck...
The turning point for BNBUSD was the ascending correction. Once we saw that pattern appear, it was all downhill from then. We saw multiple break and retests on the lower timeframe. Next support area is the double bottom region at $208 level. Will be watching for bear flags to take this down. Goodluck and trade safe!
The turning point for BNBUSD was the ascending correction. Once we saw that pattern appear, it was all downhill from then. We saw multiple break and retests on the lower timeframe. Next support area is the double bottom region at $208 level. Will be watching for bear flags to take this down. Goodluck and trade safe!
Last time we analysed USDCHF, we were anticipating a breakout and then price pushed up over 200pips! USDCHF is creating a really nice bullish correction. We are anticipating USDCHF to break upwards and continue to move up to 0.935. See chart for entries. Goodluck and trade safe!
Last time we analysed USDCHF, we were anticipating a breakout and then price pushed up over 200pips! USDCHF is creating a really nice bullish correction. We are anticipating USDCHF to break upwards and continue to move up to 0.935. See chart for entries. Goodluck and trade safe!
EURGBP has been making a really long descending correction and it's time we breakout of this correction and move up! GBP is weak this week so this would push EURGBP higher. Watch for the wedge to break and a bull flag to form. Goodluck and trade safe!
EURGBP has been making a really long descending correction and it's time we breakout of this correction and move up! GBP is weak this week so this would push EURGBP higher. Watch for the wedge to break and a bull flag to form. Goodluck and trade safe!
Our last EURNZD analysis played out perfectly and we managed to bank over 400pips! We are now approaching another strong area where we can look for buys and look for another 400pips. On the chart I have indicated the various impulse and corrections. We appear to be in an ABC correction and we are approaching the major trendline and a previous structure where it...
Our last EURNZD analysis played out perfectly and we managed to bank over 400pips! We are now approaching another strong area where we can look for buys and look for another 400pips. On the chart I have indicated the various impulse and corrections. We appear to be in an ABC correction and we are approaching the major trendline and a previous structure where it...
Last week was a corrective week with NZDJPY positioning itself for another impulse down. We are at a very great spot now to look for shorts as we're expecting NZD weakness this week. Watch for the trendline to break on the lower timeframe and enter with stops above the correction. We're expecting this impulse to completely break the major trendline and fall to...