CADJPY is currently in a double top structure on a weekly and formed a double top on the 4H. we got a clear neckline break and a continuation bear flag to indicate a continuation to the downside.
Price reversed on a major trend support. The fact that it reversed by breaking through a descending channel gives us more confirmation that we're going long.
USDZAR has been moving to the upside in a corrective manner and finally reached our 60% fibonnacci level. USDZAR has been correcting to the upside with a rising channel and our second touch we go a double top which is an overide of the third touch we were expecting. Entry; wait for an impulsive push outside lower timeframe ascending wedge and look for a...
US30. Technically we looking at the three touches on our major trendline. lets break down our analysis, Weekly chart we got our candle stick confirmation doji, whereas it occurred at our major trendline moving to daily, we see the selling momentum and we clearly see how the inner channel got broken. the price is facing down more pressure is coming. 4H get clear...
VALUE area good rr inline with HTF good structure to the downside double TOP
value area good RR good structure inline withHTF waiting for flag to sell
As we have seen in the last couple doays we have slowely gained momentum in EURUSD to the last couple of days. From what we see we have gotten a impulsive push up followed by a flag to insinuate a continuation. BUY STOP set and currently waiting to be triggered in.
inline with htf area of value waiting 3rd touch good RR
As we can see we have finally broken the neckline of the internal double-bottom gunning for the overall descending-channel. although we haven't broken above mass psychology, the neckline break is a early sign of bullish momentum and calls for an entry on the larger flag. BUY STOP has been set and an entry is waiting. At 1:1RR move stop to entry.
The market is in a ascending wedge correction on the LTF and we broke a liquidity area indicated by the horizontal line thus giving us more confluence for our sells. Entry: -We looking to take a risk on the third touch of our channel for sells. -We can also wait for the Market to breakout impulsively and form a continuation correction to enter our reduced risk...
USDCAD. Structure is key in my view when i look into charts, Firstly we see that the price is respecting our channel clean touches on the channel , we now followed by a nice and neat double top formation, Heading to 4H chart you going to see the candle stick confirmations, clean entry was taken on 1H chart, our RR is 1:3. Risk management is key fellow members.
NAS100. What we currently seeing is a simple channel , that is now showing us that the third is still not filled yet, a great opportunity to enjoy the rally to the upside. the market is now consolidating showing us market breath after the impulsive move, Thinking in probabilities, we see that the market has some probability of giving us a double bottom, whereas we...
From a daily and 4H view we have our Expanding channel to which we reached the high of structurally. this allows us to enter on a risk entry within our ascending channel.
My expectation on XAUUSD,.. Let's watch and see what the market does.
As marked out on my chart, if we close above that price listed we might see some really good buy trends to ATH but if we close below, if is really DE>DLY on the crypto world Trade safe,Trends changes quickly.
as we break the down trendline with a clean continuation pattern we up to a big sell
We are experiencing an upward move with some hundreds pips but regarding the concept of supply and demand which mostly control this pair, then we are expecting a massive drop when price reaches 167.000+. Regarding someone with a capital of 500 USD minimum, he can take a trade risking 200 pips for 1500+ reward. As it may take 1to 2 months maximum, one who have been...
EURNZD has given us a second entry. We got a push down from our first entry and flag continuation pattern