In this video we're going to take a look at a bearish continuation setup on the $GBPNZD. The idea behind this trade follows my 4-step I.P.D.E. process of Identifying what price has recently done & then using that knowledge to make a prediction of what direction are we likely to continue in next & IF we do continue in that direction THEN where is the next level...
Looking at jumping on a long trade if we keep rejecting that 114 area because we still are in bullish territory and we may see another upside rally, so huge potential for profit if can produce a nice entry... obviously move those stops to entry level as soon as 10 pips or so in profit.
Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
Hey guys, bigger picture here on the DXY we have just violated an inside level of structure which allows me to make the prediction that price is likely to continue higher to our next higher level of previous structure resistance. Recently we've seen a little relief in the market in the form of a bullish flag pattern. Currently at the lower end of this flag...
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Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for EURUSD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for EURAUD, feel free to request any pair/instrument or ask any questions in the comment section below. If you like the idea, do not forget the like! Best of luck!
Hello everyone, here is the top-down analysis for GOLD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
A quick look at AUDUSD & USDCAD. Is the trend changing? or continuing?
The Aussie is still very strong, the price has been discounted and we have seen buyers' participation from the new HL formed. BUY 0.7285 STOP 0.7270 Target: 0.7380
on DAILY: EURGBP is retesting a strong support zone in green so we will be looking for objective buy setups on lower timeframes. on H1: EURGBP is forming a trendline in red but it is not valid yet so we are waiting for a new swing to form around it to consider it our last swing and enter buy on its break upward.
on H4: CADCHF is overall bullish trading inside these two blue trendlines so we will be looking for objective buy setups on lower timeframes unless price breaks below our green support aggressively then we will sell this one long-term (if we have three confluences) on H1: CADCHF formed an objective channel in red so we are waiting for a momentum candle close...
on H4: NASDAQ is trading inside this blue channel so we are overall bullish and we will be looking for objective trend-following buy setups on lower timeframes. unless price breaks below the last swing that forms around our lower blue trendline, then we will sell this one long-term.
on DAILY: AUDCAD is sitting midway between our blue resistance and green support so we will be looking for buy/sell opportunities. on H4: AUDCAD is overall bullish unless price breaks below its last swing, then we will sell this one. meanwhile, AUDCAD would be overall bullish and we will be looking for objective buy setups (trend-following) on lower...
on DAILY: USDCHF is sitting around resistance so we will be looking for objective sell setups on lower timeframes. on M30: we are waiting for a new swing to form around our lower red trendline to consider it objective and enter on its break downward as a trend-following setup. or we are waiting for a new swing to form around our upper blue trendline to consider...
on H4: CHFJPY is overall bullish trading above our orange trendline, however, it is approaching a strong resistance in green. on H1: CHFJPY is forming a channel in red, so we are waiting for a new swing to form around our upper red trendline to consider it valid and then enter on its break upward. and we are waiting for an objective break below our lower orange...
on WEEKLY: BTC is still sitting around our 10.000 round number and supply zone so we will be looking for objective sell setups on lower timeframes. on H4: BTC is trading inside our two red trendlines (not valid yet) so we are waiting for a third swing to form around our lower red trendline to consider it valid and then enter on its break downward. we also have a...