benjaminhay

benjaminhay Updated 

AUDNZD has been bullish since the end of december. The correction seen past few days looks like it's ending so I try to catch the next swing to the second resistance. SL under the swing low and 2% risk reward looks good :)

benjaminhay Updated 

The pair broke its resistance 1.1240 and almost retested it but it got rejected before. Next resistance is 1.1500 Also, the CHF index ( you can see here ) has breakdown a pennant.

benjaminhay Updated 

Nice range breakout, strong signal. The pair did not have time to retest the support trendline or 1.33 A 50% fibo retracement could be a nice buy entry

benjaminhay Updated 

Yesterday, a nice engulfing candle formed on the 4h, I entered a bit late but it was still valid. Fundamentally, BoJ didnt change its monetary policy as investors were waiting for and ECB announced 50bps increase. It was a nice opportunity.

benjaminhay Updated 

the resistance trendline has been rejected again after the nice doji candle of yesterday I have started selling

benjaminhay Updated 

Buyers started pushing. The resistance level has been retested many times and finally broke. EMA confluence too.

benjaminhay

On the 4 hour tf, the price has rejected the resistance level and the EMA 50-4h. - the EMA 21-4h under the EMA 50-4h to confirm the strong trend - price going down - level and ema rejection That is enough confluences for me. I have placed a wide stop because tomorrow, Australia CPI data will be released.

benjaminhay Updated 

EUR seems to have some weakness at the beginning of 2023. I think CAD will start to gain after a massive sell-off and OIL still is rising with increasing demand. The market sentiment shows reversal signal too.

benjaminhay

Silver has broken his support trendline and his support level. The OBV indicator has shown some divergence too and now going bearish. US dollar is also regaining some strength after jobs data release which do not match fed expectations. I am waiting for a retracement, at least on the 0.382 fibo level and wait for price action signal to short.

benjaminhay Updated 

33400 level which has been resistance, support and resistance, seems to be rejected again. The Fed will continue to raise rates in 2023 to fight inflation so this is not good for the economy. And the war in Ukraine is a problem too for global supplies and demands.

benjaminhay

If the price close below the 1.35380 support, this pair could go towards the next support level. USD weakness

benjaminhay

NZDJPY almost on a big support level, I'll try to take advantage of the liquidity around this area. I expect the price to just touch the level and rebound to resistance level.

benjaminhay

The bearish trendline has been broken with the price level to confirm the new bullish trend. Five stars trade, aligned with my rules: ✅ market structure ✅ price momentum ✅ price action signal ✅ retracement fibo 0.5