analysis

Break of Bullish trend, break of wick zone, 3rd tap H1 bearish trend.

hey traders, after a very strong selloff SPY has retraced and currently, the market is approaching a key level of resistance on daily. On 1H chart the market is consolidating and coiling within a narrow trading range. If bears break below the range, for us it will be a perfect signal of a bearish continuation and...

dollar index has finally reached a resistance line of a rising channel on daily. there is a high chance to see a strong bearish wave but for confirmation, we are waiting for a bearish violation of a rising wedge pattern within the channel. Target level will be based on horizontal structure and support of the channel -...

descending triangle formation on usdcad . the market has stopped setting new higher highs and shown a row of lower highs instead in confluence with clear rsi divergence. our bias remains bearish and on focus is the horizontal support of a triangle. breaking below the support, market will confirm bearish sentiment of its...

EUR/USD SELL NOW Trend channel has more than 3-4 touches with log shadows. Just recently touche dthe upper trend channel USD set to strengthen EUR is weak All fundamentals points towards Sell

Price broke past previous resistance Price retested and respected the old resistance, turning into new support Bullish engulfing candle formed 50 and 200 EMAs crossed

We look to trend analysis suggesting an AUDNZD short, it may test resistance but eventually, I see a turning point to TP

On the higher time frame we identify a bullish flag pattern. Zooming in to the structure we form a bearish descending reversal pattern towards breaking its previous higher time frame low and approaching a double bottom on the 4hr. Entry to be taken upon first 4hr bullish retirement as confirmation.

A few weeks ago I published an idea on USD/CAD (see attached) we've now had the breakout we were looking for along with a perfect retest of the trendline. I personally missed my preferred entry of around 1.3334 which as you can see from the 4H TF had created a triple top respecting resistance zone, This is also backed up on the Weekly TF as we have a lot of...

My BIAS for USD/CAD for this upcoming week is NEUTRAL. My reasoning behind this is -We are currently consolidating between 1.33400 & 1.31900. -We have just rejected a strong level of Daily Resistance and broke down about 50% of the current distance between our Daily Resistance and our strong 4HR Support. -We could see a break above our Daily Resistance...

My BIAS for AUD/JPY for the upcoming week is currently NEUTRAL. My reasoning behind this is We are currently consolidating between Daily Support level at 71.050 and Daily Resistance Level at 72.560. We are currently at the Support level so we could see a rejection of this level for a push up towards previous 4HR Support at 71.900 Or we could see a break...

My BIAS for GBP/USD for the upcoming week is BUY. My reasons behind this are 1. Price has just broken above our Daily Resistance. 2.Price has retested our Daily Resistance and bounced straight back up sitting currently just above the previous high made on the 4HR TF. What I will be looking for before entering this trade. - A retest of previous highs at 1.22500 -...

We have already noted that this week promises to be calm but The Jackson Hole Economic Symposium is an annual symposium, traditionally gathering representatives of all the leading Central banks in the world, might give enough reasons for bursts of volatility. The most vulnerable are the euro and the dollar. Weak inflation in the Eurozone (yesterday's report...

OANDA:GBPUSD GBPUSD 240 Analysis Been in a long term downtrend within the channel currently grinding lower with Brexit talks and a strong US economy with a newly resolved trade war and strong data. - THE BE A BULL: We are now seeing a rising uptrend; if we can break above the channel mean then some short term buying can be a potential setup but still...

as we can see here on the AUD/USD chart that the market has been in a descending downtrend for a while now. and has been breaking levels continuously and creating lower lows, with lower highs. as of now, the market had has a breakout of prior support, however when it came back to retest it didn't get rejected and came back into its previous areas. the market came...

With oil prices predicted to rise we can see that EURCAD has recently finished bearish retracement so it is a high probabilty that price is decline as demand for the loonie increases, driving price down.

FIRST ENTRY 1050/b] SECOND ENTRY 880 DEVIATION OF ABOUT 16% NO SL IN HISTORICAL ALL TIME LOW NEO IS A COIN THAT CAN COME DOWN ILL LOAD MORE. MORE? AND ILL LOAD MORE! EXPECT ANOTHER PUSH DOWN (RULE OF ACCUMULATION) RULE OF COST AVERAGE IF YOUR FIRST ENTRY IS 1 YOUR SECOND ENTRY IS 2 THIRD ENTRY 3 SO YOUR EXIT PRICE FOR ALL YOU SHAKY HANDS IS LOWER TO YOUR INITIAL...

FIRST ENTRY 250/b] SECOND ENTRY 210 DEVIATION OF ABOUT 16% NO SL IN HISTORICAL ALL TIME LOW SHOWING STRONG SUPPORT EXPECT ANOTHER PUSH DOWN (RULE OF ACCUMULATION) RULE OF COST AVERAGE IF YOUR FIRST ENTRY IS 1 YOUR SECOND ENTRY IS 2 THIRD ENTRY 3 SO YOUR EXIT PRICE FOR ALL YOU SHAKY HANDS IS LOWER TO YOUR INITIAL BUY AND LOWER THAN THE MEDIAN %