Trading_Vista

Trading_Vista Updated 

The uptrend in this pair has lasted several months but now it seems to be stalling. A consolidation / reversal is possible but I think 1 more leg to the upside is on the cards. When I check out the H4 chart, a buildup to breakout above 1.0925 seems to be in progress. But we need to see this buildup continue and if my idea is valid, we should see that the bulls are...

Trading_Vista Updated 

This pair is overall in a down trend and this looks like a great time to join the next bearish leg. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. What do you think about this trade idea?...

Trading_Vista Updated 

I am looking for a signal to go long if price gets to the s/r zone. This is also bullish on the daily t/f. Will switch to H1 time frame to find a reason to go long. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even...

Trading_Vista Updated 

The USDX (USD index) has been bullish recently and ended last week with a massive bullish candle. As a result, EURUSD has been declining and I cannot see any reason why this should change next week. Price is currently within an intermediate S/R zone and a pullback is likely. The deeper pullback we get, the better it will be. That would be great because that will...

Trading_Vista Updated 

I don't think I need to explain what I am saying, my H2 chart says it all. Briefly, I see 2 impulsive bullish moves followed by a period of consolidation. A breakout from the current equidistant channel should see the next bullish move. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like...

Trading_Vista

The USD had a massive recovery on Fri, it made up all the losses of the previous 8 trading days. But price is now within a major s/r zone located near the 131.50 level. Price is below the 200 and 50 dma, the slope of the 50 sma is to the down side and I retain my bearish bias on this pair. The previous high has also not been broken. I am looking for some signs...

Trading_Vista Updated 

But do you have the discipline and patience?? This pair has been rising since June 2021 but things may be changing now. As my daily chart shows, price has crossed below the 200 SMA and has just retested it from below. Also important is the fact that it has been rejected with a nice pin bar on a daily basis. It is not the nicest looking downtrend but the sequence...

Trading_Vista Updated 

Slowly building up for a breakout to the upside. If this continues, we should see the bearish candles get smaller, the sequence of higher lows continue and the 20EMA start to hold price above it. Patience is required. Always use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow...

Trading_Vista Updated 

The following describes the recent price action: - bullish trend followed by - consolidation & formation of a double bottom. - price holding above the 50EMA. - an minor break out above the range. - pullback to the range held by the significant support around 0.8500. Since the preceding trend was bullish and price has been forming higher lows and highs, a trend...

Trading_Vista Updated 

The death cross is a chart pattern that indicates the transition from a bull market to a bear market. This technical indicator occurs when a security's short-term moving average (e.g., 50-day) crosses from above to below a long-term moving average (e.g., 200-day). Nothing is 100% in trading, so you should not blindly trade this indication. Like all forex charts,...

Trading_Vista

Silver has been steadily making its way to the up side since mid Dec 2022. At the top it has been contained around the 24.24 level, while it has been consistently making higher lows. This kind of price action is similar to a spring that is coiling up and it will have a strong release. I expect this coiling PA to continue for a few days still. If this works out as...

Trading_Vista

An important element of studying price action is often ignored, even though it is perhaps the most important one - at least for swing traders. WHO IS IN CONTROL OF THE MARKET AT THIS TIME? After all we all want to trade in the direction where the strength lies. In this example of USDJPY, note how large the recent bullish candles are. This shows momentum lies with...

Trading_Vista

US Oil (WTI crude) has been steadily making its way to the downside since the past 6 months. This has been a clean downtrend, respecting previous structure for the most part and I do not see any reason why this would change. I am looking for a pullback either to the minor level in the 77.60 area or even to the major level in the 82.00 area. If some bearish price...

Trading_Vista Updated 

I have been watching this pair for the past 2 weeks, as it has been grinding lower. Recently it has been consolidating around 0.9820 region. It has now broken below the trendline, it is already below the 200dma and the final hurdle is the strong support zone that I have marked. A break and close below the zone will encourage me to take a short to the next support...

Trading_Vista Updated 

This pair has been bullish for the past 2 months, but for the 3rd time in recent days price has reached 1.8120. The previous 2 times, that area has held firmly as resistance, but this may change. IMO the bulls will succeed this time around although stalling of price in this region for some time cannot be ruled out. I would be patient, wait until price breaks...

Trading_Vista Updated 

Take a look at the 50 EMA and 200 SMA in relation to recent price action. The 50 EMA is now providing dynamic support and price is above the 200 SMA. See also price action and you note that the downtrend ended some time in July, after a short consolidation has been bullish for during the recent past. Now that the uptrend has been established, I am looking for the...

Trading_Vista Updated 

USDJPY - higher time frame context is still bullish. Recently has been falling, but may have formed a base at 139.00 area. After ranging for a while, we had a breakout and may get a retest of 140.770. If this happens, a long would be a risk worth taking. Always use sound money and risk management and stay patient in all your trades. If you like my analysis,...

Trading_Vista

GBPNZD is consolidating in a channel structure. When such PA develops at the bottom of a bearish move, IMO the breakout will be in the same direction as the preceding trend. Traders also know this as the "bear flag". I will be looking to take a short around the 1.9590 region, if we get a move to that area followed by some bearish PA on a lower time frame. ...