Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find a significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
With a long-term bearish momentum identified on the higher time frame, there is a possibility that we might be having a short-term bullish momentum during the week. So, in this video, I explained how to take advantage of whatever bias that arises.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a...
The identification of a strong bearish impulse leg on the daily time frame which was followed by a retracement wave that appears to have culminated around 61.8-78.6% ( 1.68000 zone) is a signal that the risk of further decline in price is imminent. So, this video explains how I intend to take advantage of the bearish move if it happens.
Risk Disclaimer:
Margin...
Despite a slight breakout of the bearish trendline identified on the 4H time frame; the appearance of a reversal structure in the form a double top pattern insinuates we might still be going down one more time before the buyers come in again.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high...
The appearance of multiple rejections at the 1.576 area coupled with a temporary breakout of the key level at 1.582 makes this zone a strong demand level. It is appropriate we remain patient as we look forward to a rejection of the key level for confirmation.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs,...
