higher high + lower high -> up trend -> buy now
As you can see from the chart above, the price was in the retracement phase, but on the last week it could break the MS to the upside, take off previous highs and break through the consolidation zone. This week we expect a little pullback to the breaking point of the trendline and retest the support zone, which was a resistance in the past. Stay tuned. We will...
Good afternoon ladies & gents, After multiple days of drop. Price has finally reached our objective, the Daily Bullish Orderblock. We are now anticipating a reversal, a clear structure is seen on the lower timeframes that supports a reversal today. DXY is looking bullish and ready to push up from this area. As the weekly & daily institutional orderflow is...
Silver (XAGUSD) breaks above the resistance trend line and falls again. Silver (XAGUSD) After breaking the resistance trend line upward on Monday (Feb.1th), silver fell again. The current price is above the 26 integer and has not broken the long-term support trend line below. Therefore, the Long-term perspective is still in a uptrend. If the following long-term...
This is a daily supply zone. So I think we should watch the 4H up trend line. What do you think?
EURUSD and AUDUSD will convergence, so EURAUD will rise.
USD/CAD - D1 - BOOM ! hit the 1st target 260 PIP profit stop loss also update.
Price is still under the Weekly mid channel , 1 ) its gonna break the mid channel and raise to the first target 2 0 it will fall to the support area then raise again and break the mid channel.
we have to wait and see what happen to this triangle . 1 : if it break from bottom it will fall to the support area 2 : else it break from the top it will raise to the resistant line.
USDCAD Multiple Time Frame Analysis and Trade IDEAS Daily or Swing Trading Opportunity: Time Frame D1 or 12Hr Chart The daily chart is showing a completed ABC zigzag pullback. I like to call this the PC pattern We have opportunity both on the D1 chart to take the Next Wave 5 Down within this Wave 3 down Also there is a potential opportunity for he Intra-Day...
If you a wondering what to do with this pair you are not alone. This is why it is important to have rules for your strategy. According to my strategy price is currently consolidating, which is not necessarily a bad thing. It means sometime in the near future we can expect a big move. Based on the on the weekly chart i have a sell bias on this pair and would...
Plan for AUDCAD Waiting BUY signal at daily demand zone and test trendline
A few days ago I saw this setup and its still intact. Title of Previous Idea was : USDCAD Will it lift off? that question is still in tact. and so we still ask, will it go to the moon?
We can see reversal pattern above resistance line. I am expecting a drop in audcad. Hit the like button if you find it helpful and informative and follow to catch every wave correctly. Previous analysis
Elliott wave idea is that we have completed a WXY complex 3 wave correction of the primary move up. The correction completed within the expected time, and almost reached the 0.5 retracement (B wave). Entry was done on H1 when we had Bulldiv and entered using the Miner TR-1BH method. Stop is below previous candle low. Risk 0.2% R 25.06 There is a fair chance...
GBPUSD D1 in a correction wave. We are wait for start a new Trend Wave.