In the 4H view the Gold just broke the top line of a triangle. The triangle potential objective is around 1,954 although i think it's going to get to the highest highs. The RSI trend line has just been broken too.
4H In the 4H view the Gold just broke the top line of a triangle. The triangle potential objective is around 1,954 although i think it's going to get to the highest highs,among other things becuse i just realized tht braking the Triangle also brakes up the neckline for a biggest SHS with a potential target at 2,017. The RSI trend line seems to be been broken.
Copper 1W In the weekly chart i see a double bottom which already broke it's neck line, but I'm also thinking about that it might be as well a rising parallel channel which has a false breakout during the first moments of covid and it's now reaching its top, if it corrects the price the same way it did before it may go heading to a resistance that also matches the...
In the 4H chart the price is moving in a rising parallel channel and it's now at the bottom of it, the potentiall target is around 3.82. In the weekly chart the price broke double button which has an objective of around 4.7000
1D In the daily time frame, the price is moving in a rising parallel channel, at this moment it is very close to the bottom so it's a great moment to buy. With a potential Target around 1.955 depending on the time that takes it to get there. Bellow my Weekly view
EURNZD 1W In the weekly time frame is easier to see the double button that was already broken during covid's first days, which at the end became a bulltrap, after been rejected the price seems to be pulling up now, probably to break it, if that happens the potential objective of the double bottom is around 2.29
1D The price broke up a double bottom neckline and made a pullback and it's already going up to the objective around TP 30,000 SL 24,800
GBPUSD 1D The price already made a false breakout to a 2 Years old SHS Neckline, and its now doing a pullback to a trend line support, the price also struggles to break a resistance/support zone working many times since 2009 but if it reaches the top of the channel it will acomplish that. This idea is basically from my teacher Pablo Gil, an awesome Trade...
NZDUSD 4H Short SHS The price is moving down inside a falling channel and it's also about to activate a SHS @0.6990 whith a potential objective around TP0.6840 that matches a support zone , i would set a SL 0.7090 in order to get a 2:1 ratio
1D The price is moving down a falling channel, after almost touching the base of the channel and because there is a triple divergence i think the price will go up to 0.8980-0.9600 where it'll find a resistance which also happens to be a 38.2-50 pullback from the previous movement. The pair is in a clear Bearish Trend so i'd rather wait to sell it short when it...
1D Falling Wedge Sell Price is moving inside a Falling Wedge just touched the bottom part of it, there is a RSI divergence so i'm expecting the price to move a little bellow a resistance close to the upper limit of the wedge around 104-104.5 since it's clear to me this pair is downtrending i wont operate bullish but i think there is a Sell oportunity between...
USDCAD 1H BUY the price seems to be braking a Double Bottom Neckline,after finishing pullback i expect the price to reach the target @1.289
1D Price is moving inside a Falling Wedge just touched the bottom part of it, there is a RSI divergence so i'm expecting the price to move to the upper limit of the wedge around 104-104.5 since it's clear to me this pair is downtrending i wont operate bullish but i think there is a Sell oportunity @104.00 with SL 104.90 TP 102.87 Below you see my Weekly approach.
EURAUD SELL @1.594 SL 1.6214 TP 1.54 AFTER PRICE BROKE AN ALMOST 4 YO CHANNEL(WHICH HAS A COVID DISCREPANCY) IT HAS BEEN REJECTED BY A SUPPORT MULTIPLE TIMES, CREATING WHAT SEEMS TO BE A SHS , THERE IS A RSI DIVERGENCE BUT PRICE ISNT OVERSOLD YET, I'M EXPECTING THE PRICE TO DROPE TO 1.55 AS LONG IT DOESN'T CROSS TREND LINE COMING FROM 8 YEARS AGO. THE 1D APPROACH...
EURJPY 1D BUY @125.190 SL 124.4 TP 126.5 PRICE WAS REJECTED BY A RESISTANCE, RSI DIVERGENCE, EXPECT A RETRACEMENT BETWEEN 38%-50%, WHERE THERE IS A CLEAR SUPPORT AND ALSO A TREND LINE CONVERGING. FROM THERE BACK TO THE TOP.
NZDUSD 1D BUY @ 0.69620 SL 0.6720 TP 0.8500 1D WAITING FOR A PULLBACK TO WHERE THE PRICE BROKE BOTH A DESCENDING CHANNEL AS WELL AS A RESISTANCE. RSI OVERBOUGHT AND SHOWING TRIPLE DIVERGENCE
EURJPY SHS 4H SHORT @124.500 SL 125.200 TP 122.100 After braking the neck line the price goes down to the support in 124 makes a pullback to the neck line and down to the Head and shoulders goal at 122.100
EURJPY DOUBLE TOP, SHORT, ,@124.170 SL 124.80 TP 122.00 After braking the trend line starting May 6th, the price is going down and about to break the bottom line of a Double top, opening position a little far away but right after breaking a support. TP located a little below 38.2 retracement and right at double top goal.