Hi good day traders, I made a full market analysis of GBP/CAD and also gave a signal in the video. Take your time to study some gems i shared in there and also share result of the analysis. Kindly like, share and comment for more contents like this.
Hey Everyone, We started our week with a nice 30 pip catch of the 1962 Goldturn breakout. Ema5 has also crossed and now left a gap to 1973. We are seeing some sideways ranging action, which is drawing the MAs together to converge. We usually see this pre-event to gear up for another breakout. These are the ideal conditions to trap retail traders, as you start...
My next trade setup on NZDCAD is only based off of me seeing clearly after experiencing FOMO and Anxiety. I pray Tradingview allows this type of conversation to happen because I truly feel like we don't talk about anxiety and Fomo enough in a spiritual manner. If this resonates with you, please share how it helps you by commenting below. Don't forget to like...
I see this commodity positively bullish, now the price is stuck in the SND area and I try to provide Fibo Retracement, and the results are quite supporting this analysis to find the long area. There are 2 SND areas that are quite striking here, where the SND area intersects with Fibo 0.618 and 0.236, and the 0.236 Fibo area is also close to the bullish trendline,...
Last weekend Gold fell more than bullish trendline, it could be that at this time the price entered into the correction period. If you see, the price is held strong enough in the resistance area which in my opinion is also a liquidity area. Usually areas like this in the future will be pierced. Therefore, I try to add Elliot notation to this analysis chart,...
This pair is still in accordance with the analysis some time ago. The SR Flip area becomes a strong enough area to withstand the bearish pressure. The possibility of a strong price will be bullish with 3 targets that can be achieved. Adjust your analysis & money management to follow this analysis.
If you see this, a double top can occur and the current price forms a bearish channel pattern. Added with Elliot Wave notation, the possibility that happens is in the A-B-C correction period. Find an opportunity for short when the price is corrected bullish approaching the trendline
Seeing the current Dxy structure, there is a downtrend channel in which there is also a triangle expanding pattern. Seeing patterns like this, the possibility is Dxy while the time will bullish up to the pattern that I describe on this chart.
Price formed new higher low as expected and continued to go up. We can see strong bullish formation, and currently price is reaction to our 142.000 zone. I will wait for a reaction (break or confirmation).
Hey Everyone, This us our weekly chart idea that we have been tracking over the weeks. It has been playing as projected with the push up from support we shared last week. Please review the last update below to stay with the flow of our long term projection on this idea. We have a candle body close above 1956 leaving a gap to 2000. However, the channel half-line...
USDJPY is moving on 🟢 support zone(139.10 JPY-137.60JPY) 🟢. Also, USDJPY has managed to form an Inverse Head and Shoulders Pattern in the support zone. I expect USDJPY to start growing after completing the pullback to the neckline and at least touch the 🎯 target 🎯 of the Inverse Head and Shoulders Pattern. 📚Since the Regular Divergence(RD+) between...
Hi Traders! There is potential for a retest of the psychological 1.30000 level on the GBPUSD. We can see here on the 1D chart that the market has been extremely bullish since the long-term resistance break of the 1.28486 level. We have had a price rejection at the 1.31424 level, and the market has now broken below the 1.31000 handle, which provides opportunities...
We can see strong downtrend here, but price then started to form higher highs and higher lows. Bulls gained control, but I expect to see bearish pullback and new higher low formation. Keep your eyes on 140.300 zone.
Hi Traders! USDJPY has found support at the midpoint of the long-term impulse wave and is targeting a retest of the 140.000 resistance level. On the 1D chart, we have highlighted the long-term impulse wave from March 2023. We then found resistance at the 145.073 level and had a retracement wave to the midpoint of the impulse wave. The RSI reading also supports...
In my journal, I'm noticing NZDCAD made a new lower low on the 4 hour timeframe. Although price is in an uptrend as clearly seen on the daily and weekly timeframe, any sells taken will be a countertrend trade. I prefer to trade down to my weekly estimation zone 0.81570 and entering on the 4 hour timeframe to keep the stop loss small. Trade at your own risk and...
Hey Everyone, A piptastic day for us and our followers. We completed all the Bull targets as analysed. We stayed firm with our bullish outlook with highlighting retracement and support Goldturns to buy dips. We completed the first Bull target at 1963 followed with the cross and lock above 1963 weighted level, which we advised will open 1973 and 1979. This...
Hey Everyone, Great start to the week with our 1H chart idea already playing out. Price started with the move down for the correctional retracement we highlighted hitting 1949 first retracement target. Although the full retracement was not done, it was close enough in the range for a support bounce. 1949 Goldturn support allowed us to take buys from the drop...
Inverse Head and Shoulders is clearly forming on the daily. We see additional indicators confirming upside. 7>21 and price is above 200MA - Bullish RSI>50 - Momentum is up. Target 1 will be at 1.7265 Below the Right Shoulder there is a Sell Side Liquidity Order Block. Smart Money buys into positions (and sweeps liquidity) from traders who are long (get...