Analysis of #USDCHF Hi traders, today we will have a look at #USDCHF The USDCHF might be forming a bearish harmonic bat pattern that might complete soo to provide us with a reason to get into sell entry soon Entry would be either a limit order at D leg completion or waiting for conservative entry at the structure resistance zone, getting confirmation the...
Analysis of #GBPNZD Hi traders, today we will have a look at #GBPNZD The GBPNZD has been moving sideways for a while now, and when the market moves like that, my favorite way of taking them is using harmonic patterns. looking at my chart you can see I have a bearish harmonic bat pattern that might complete the D leg soon near key market level 1.9400, which...
Analysis of #AUDUSD Hi traders, today we will have a look at #AUDUSD The AUDUSD might be in corrective waves before resuming a move to the upside, while I am no expert in Elliott wave theory, I have some basic knowledge of the waves. the market might continue correctly downward to complete the ABC correction wave, the best move would be if the market...
Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD GBPUSD following my previous analysis of GBPUSD I am still looking for a buy in this market if the market drops further to the downside. as you can see we have a trendline support level, also FIB 1.618 inversing, and FIB 0.786 retracement all lining up near critical market level 1.2000...
Analysis of #USDJPY Hi traders, today we will have a look at #USDJPY The USDJPY is unwinding the move up from this year and we can expect the DXY to continue down, the game now is selling dollars before others lol. I am now looking for as well 137.00 because we have trend line resistance lining up with previous structure support no becomes resistant level...
Analysis of #USDCAD Hi traders, today we will have a look at #USDCAD The USDCAD formed a confirmed bearish head and shoulder pattern, for me this is a valid reversal head and shoulder pattern ;), since we have a confirmed break out of the neckline I am only looking for a sell entry now. As you can see on my chart, i am looking to sell at the right shoulder...
Analysis of #AUDUSD Hi traders, today we will have a look at #AUDUSD The AUDUSD is similar o my previous idea on EURUSD a straightforward traditional triangle pattern with confirmation, as we have broken the trendline resistance and now started to move back down. you can drop a one-time frame and look for a reversal pattern at resistance to see if other...
Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD The EURUSD forming a simple classic triangle pattern which usually indicates more upside coming might be triggered tomorrow by NFP news. The market so far failed to close above trendline resistance and might be coming down for another test of the trendline support level near 1.0400-1.0350...
Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD The GBPUSD moved to the side with strong momentum today, at its highest was up almost 1.80% or 1.2300, just not too while ado the GBPUSD was 1.0300 and trees were expecting parity. The trend is to the upside and you now saying the trend is your friend, so in this market, we better be...
Analysis of #NZDCAD Hi traders, today we will have a look at #NZDCAD The NZDCAD has a similar setup to my AUDCAD idea as you see we have a perfectly clear uptrend, and clearly defined trendline support. the market has previously a strong resistance level which the market broke and move to the upside, the market now is expected to continue up, and we can look...
Analysis of #AUDCAD Hi traders, today we will have a look at #AUDCAD The AUDCAD also broke out of its resistance structure level as you can see, and the perfect way of trading now is to look for a trend continuation pattern such as a Flag pattern, or wedge pattern, Triangle pattern, or wait for the market to come and test the previous structure support now...
Analysis of #USDCAD Hi traders, today we will have a look at #USDCAD The USDCAD might be providing a buy entry at previous structure support soon, we can wait for a reversal pattern like the double bottom on the lower time frame to use as a reason to get in a buy entry. if the market doesn't provide a reason to get in buy at the first level, I will still be...
Analysis of #AUDUSD Hi traders, today we will have a look at #AUDUSD The AUDUSD might be forming a perfect setup for a buy entry, as you can see we have an uptrend, and now the market might be coming to test its trendline support, near 0.6450. Also, we have a possible bullish harmonic bat pattern that might complete the D leg also near my trendline support,...
Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD The EURUSD yesterday tried to break out to the upside only to fail and close back below the previous structure high, and not we can consider this a double top. now I expect the market to keep moving down as explained in my previous analysis to test its key market support level near 1.0100,...
Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD The GBPUSD broke out of this consolidating wedge pattern, I am expecting the market to keep on falling down to test the support level near 1.16500-1.1600 I am watching the market to see if i can get in a sell trade to target the next level of support. I hope you guys found this helpful, if...
Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD The GBPUSD might be forming this beautiful bearish harmonic bat pattern on the lower time frame, if someone is into day trading this is a good setup I will say, however I may or may not take it, depending on how the market arrives at the resistance zone or the D leg completion. I hope you...
Analysis of #AUDUSD Hi traders, today we will have a look at #AUDUSD The AUDUSD previously had this reversal pattern which looks like a bullish head and shoulders to me, as you can see the market broke the neckline resistance and now might be coming to visit the zone again as you know this area now will act as a support level for AUDUSD and could be a very...
Following up #EURUSD Hi traders, today we will have a look at #EURUSD the EURUSD moved as predicted in my previous idea "you can check it following the link below", and still moving to the downside to test its previous resistance zone which now has become a support zone. the market might visit the zone near 1.0100, and if it did that will be looking for a...