Yemi_Fx1

Yemi_Fx1

On the Daily Timeframe, price moved out from an Area of interest and and might be seeking the next area of value due to the lower timeframe of Price Action forming. 4H/1H - Price is trading around the base of an ascending channel which might be signifying a possible change of lower timeframe trend. If the base hold then I'll be waiting for a M15 Flag which I...

Yemi_Fx1

From the Daily Price printed a bullish engulf candle, dropping down to the 4H there's an impulsive move by price, currently price is in it correction phase. This provide a Short term bull move. Therefore Will be taking a RE after a retrace/pinbar/twizzer bottom/morning star formed at the third of the structure.

Yemi_Fx1

As price has push into the resistance zone Impulsively due to today's economic news. And it sold off impulsively also. I'm looking forward for a valid formation of a continuation pattern to cement my sell bias on this pair. If you found this helpful, please support your fellow trader with a like.

Yemi_Fx1

On AUDUSD we can see an overall bearish structure. Internally price has been moving in a series of impulse/ correction. Price is going in it's correction phase now. We may see a pull-back to the area of value before committing to the downside. I will be taking an entry at the top of the validated flag pattern. Please share your view of this pair in the...

Yemi_Fx1

GBPJPY is approaching an area of value in a corrective manner (Ascending channel). If the third touch holds I'll be looking for an impulsive move downward followed by a 15min flag continuation pattern, with a verified entry signal at the Top of the flag (Risk entry type) or a Breakout and retest of the flag a (reduced Risk Entry type).

Yemi_Fx1

We see that price has moved out of the ascending channel on Daily and 4HTF and currently it has formed a flag to commit to the downside. If the third touch holds with a convinced signal. Then I'll be taking a short on this Pair. If you found this helpful please support your fellow trader with a like.

Yemi_Fx1

Maintaining a sell bias on AUDJPY based on the presence of a well-defined sell structure. On the 1-hour timeframe (1HTF) shows the bearish bias is further supported by a potential continuation pattern in the form of an ascending wedge, with price currently testing resistance. Be aware that today's high-impact Non-Farm Payroll (NFP) data release could cause price...

Yemi_Fx1

Looking at OANDA:NZDCAD from the 4HTF we see how price tested the zone at 0.83780 , Price approach it In a corrective manner showing the low momentum in bulls power. The zone at price 0.83780 holds, resulting to a double Top pattern. And at 0.83573 also we can see how price react to it, moving out of this area with high momentum. Currently the pair is...

Yemi_Fx1

The recent price pattern based on the 4HTF, is a bullish continuation pattern (Flag). Price has been moving sideways in a corrective nature, what this shows us is that price is about to begin an impulsive move to the upside. If we see a test of the lower dynamic trendline of the pattern at the area of value.Then we prepare to be tagged in. I will be waiting for...

Yemi_Fx1

NZDUSD is approaching a resistance zone around 0.61588 , taking a look back we see how the continuation pattern( bear flag) and in conjunction with the economic news release on NZDUSD last week played out in favor of the bears. Recently the pair has an overall structure to continue in its downward trend. So we may see a test of the resistant zone. If the...

Yemi_Fx1

As predicted on my last Forcast, Price broke out of the channel impulsively this is a momentum move from the bears. I'm waiting for a 15MIN continuation pattern before the next impulsive leg. So we may see price to retest the 15MIN resistance level close to 0.61110 before continuation in the preceding direction. if you found this helpful please support your...

Yemi_Fx1

The long-term view (eagle view) of EURAUD is bullish, but in between we can see a bear setup based on the 1HTF. A preceding impulsive move of a bearish continuation pattern (Flag). Patiently waiting for this pattern to build up. The short-term flag pattern suggests a potential downside move within the larger bullish trend. We may see a rejection of price at...

Yemi_Fx1

Hello folks, OANDA:NZDUSD is one of the pair I have on watchlist this week. NZDUSD has been trading within an ascending channel since . Price recently tested the 1HTF supply zone at 0.61584, a potential resistance zone. From Daily Timeframe: The pair is currently in a consolidation phase following a downtrend. We're expecting a continuation of trend on this...

Yemi_Fx1

Both OANDA:USDJPY and OANDA:USDCAD has similar view, Short opportunity also on usdcad, I'm looking forward to price to test and validate the resistance zone at price 1.34940 , then before going short.

Yemi_Fx1

After three weeks of consolidation, USDJPY finally erupted, driven by the NFP release. This impulsive move respects the 90% rule. However, the recent price action has formed a double top pattern, suggesting a potential reversal to the downside. Based on the technical setup and potential reversal, I am biased towards a short position on USDJPY. I'm anticipating...

Yemi_Fx1

EURCAD recently broke out of a wide-ranging consolidation zone between 1.4400 and 1.4650. The breakout was followed by an upward impulse move, reaching a high of 1.4620 before pulling back slightly. The current price is testing a key resistance level around 1.4570. A rejection at the current level could lead to a pullback towards the previous support area around...

Yemi_Fx1

Happy New Month Friends and it's a beginning of another week for we all. TODAY'S Forecast on OANDA:GBPAUD Last week we experience a progression of price in the favor of the bulls which is as a result of the technicality(The nature of the market). The pair has been printing the impulse correction nature. Currently price is in the correction phase to make...

Yemi_Fx1

The overall bullish structure of the pair is bullish as we can see the bullish flag pattern on 4HTF with a preceding high momentum (impulsive) move. In between this 4HTF pattern there's a formation of a double Top. And currently price is moving with a momentum. I'm anticipating that price will go into a correction phase (information of a continuation pattern)....