Hello Traders As you can see on the chart we have a dominant downtrend. At the moment price currently pushing to the upside. I want to see price respecting the red dash horizontal trend line zone once again. This will complete a double top continuation pattern. Wait for evidence of exhaustion when price get to that zone and look for confirmations. NB: Use...
Hello Traders We have a trend to the downside with a pullback and a continuation indicating bearish pressure and sentiment. Price is currently in an exhaustion phase back to key level. I will wait for trading opportunity to surface around the 50% fib level as it has been tested before. NB: Use your analysis to confirm the setup.
Hello Traders Here is my view on ETHUSD Long Term Plan. As you can see on my chart a clear Break and Retest Structure with a momentum going up indicating momentum to the upside. I will be looking for buy opportunity only.
Hello Traders BTCUSD bulls are still in total control over sellers, as you can see on my weekly chart price is still in the '' continuation phase'' it is not advisable to sell BTCUSD now rather take advantage of the small pullbacks on lower timeframe to ride with the current trend.
Hello Traders Market sentiment is still bullish for me until the unconfirmed level is taken out but the resistance level was good entry for snipers and scalpers. An update will follow.
Hello Traders Here is my view on EURCAD. Bulls break above the resistance. When price break resistance it becomes new support. This area is very important to watch in the next sessions. I will be waiting for a rotation back into this value and bullish reversal sign (price action).
Hello Traders Here is my view on NQ1.
Hello Traders Here is my view on AUDJPY. After market respected my anticipation last week by respecting the dynamic support, price then rallied to resistance. As you can see on my chart price has gone back to the value and you can see price losing momentum approaching this resistance. More information on the chart.
Hello Traders Here is my view on EURNZD. 123 pattern formed as you can see on the chart. Price then rallied to old support acting as new resistance and formed inside bar reversal pattern at the resistance zone. I'm expecting a rotation back into the value and you can use this short term sell as opportunity to scalp the sell targeting the new support.
Hello Traders Here is my view on EURAUD. ON daily time frame price gone back to test the recent support and it has found support again. On my H4 chart you can see that price broke above the trend line and tested flip support to act as new resistance. If you can monitor closely you can see that while price going to test the resistance it was making series of...
Hello Traders Here is my view on EURCAD. Information on the chart shows a possible reversal pattern (Inverse Head and Shoulder Pattern) . Wait price to form the right leg of the inverse H&S then look for long entry only if it satisfy your entry strategy.
Hello Traders Here is my view on USDSGD.
Hello Traders Here is my view on EURAUD. What is the situation? Price approach an important level that acted as resistance previously acting as new support + perfect long wick on weekly rejecting this support. Trade Plan : Monitor how price behave at my highlighted (Yellow) zones on the chart. I'm interested on buying this...
Hello Traders Here is my view on USDCHF. What is the situation? Price has gone back to old support. Trading Plan: Wait for bullish price action to present itself or breakout before you can jump in. At the moment price is still bearish, no bullish price action yet.
Hello Traders Here is my view on AUDNZD. What is the situation? A clear price flip zone with a kill zone marked. This is now a high probability area that traders could look to take long trades on all time frames once they see bullish price action.
Hello Traders Here is my view on AUDJPY. What is the situation? Price has gone from acting as old support to new resistance and rejecting with a perfect long wick + 61.8% Fib Level rejection almost a perfect setup. Trading Plan : Apply time frame confluence, confirmation and entry. Contact: Whatsapp: +27671795841 Telegram Username: @Forexas
Hello Traders Here is my view on ETHUSD. Contact: Whatsapp: +27671795841 Telegram Username: @Forexas