In today's video updated we look at a trading opportunity on AUDCAD 1hr chart. Currently the market has found resistance at the key weekly zone and looks to be forming a Daily double top pattern. If the market can pullback into the 1hr area of structure we will look for short opportunities into the neckline support.
In today's video breakdown we again look at USDNOK and assess how the market has been moving and how we would look to trade this with the anticipation of this market moving higher into the key resistance zone.
In today's video we look at Gold and how it has technically completed a double top pattern. As the USD strength continues we could see lower prices in our commodities with key levels playing important roles.
Happy to sell at the top@1.1500 with 2nd Gartley on 7th Nov 2018. Potential Bullish Cypher next if 1.1335 -1.1355 zone holds as support which is PRZ (Potential Reversal Zone) of Cypher Pattern Target 1 zone - 1.1445 -1.1450 Target 2 - 1.1500 (Top of the Pattern) Target 3 - 1.1600 - 1.1625 (Valid only if holds above 1.1500 mark) Last...
In this video update we talk about how Brent Crude Oil could continue moving lower if it can hold below the key support at and lows at 70.44. We have been trading short from the highs and looks like price will continue further despite the market looking overextended to the downside.
WTI and BRENT has been a great source of trades for us this past month and downside looks likely to continue however we would like to see the market retrace after breaking through the key support level around 64.80. Seasonally Crude Oil through the end of November to the middle of December sees significant downside which lines up with the technical analysis...
We have been talking about NZD strength for a while now as the Long contracts saw another boost this the week from the Commitment of Traders Report. Looking at the market technically we can see price has created a higher high on the daily chart. This indicates we could see further upside to come. Looking for a retracement into the previous daily highs with...
With NFP just round the corner, how will the USD shape up by the end of the week? The job numbers are expected to be good with Trump himself suggesting they are, so this move may be priced in already. If the market closes lower today we expect prices to continue this way as technically the market failed at the highs and could lead to a weekly double top pattern.
In this video we explain how the USDNOK pair could move lower into the key support zone of 8.3000. The market is back into a key weekly trendline resistance and looks to be rejecting with the 4hr timeframe breaking a key supporting trendline. Looking for shorting opportunities on the re-test of structure making stops are above key highs.
We had a fantastic trade on this market last week trading from the previous structure lows. Now that the market has broken through key support we are looking for this market to continue lower targeting the next support zone around the 1.9200 area. Applying our fibs we can see that the previous 4hr lows are sitting up at a 50.0% Fib retracement and would be a...
XAGUSD (SILVER) has been consolidating for a few weeks now without any clear indication that buyers have stepped back in. Technically we can see a bearish breakout of the previous weeks low and would look for this to continue on a break and close below the supporting trendline. Looking at the 4hr chart if the market can break lower and start to produce lower...
Looking to the week ahead and what to expect of the the USD. We have Non-Farm Payroll coming up this week which is forecast to be higher than last months, backed by President Trumps tweet suggesting the jobs number will be good. Seasonally the USD is strong and looks likely to continue however we are sitting at a key resistance level with 127.2 Fibonacci...
if the price does not fall of 23.6% of fibo is a bearish weakness, new price maxima will come. Wait for macd stoch and overlay trend, buy signal. USDCHF 15 min.
ALSO - HOW DOES THIS EFFECT THE CRYPTO MARKET. This is a technique big banks use to hide large sizes orders they are trying to fill without the public seeing their smaller transactions and have price move against them. EX. - Banks bias is bearish to sell $60 billion of sell orders They have chosen a previous resistance price level to manipulate around They will...
These 3 charts helps us understand how to use a 4H chart to find a trade, how to use a 30 m chart to find the market timing as not to enter too early into the trade, and the 5m chart to find the best entry point to give us the best risk to reward entry. Macd helps us to find direction and reversal points from the Macd being over sold/bought from the stochastic...
Price in range Far left range top has divergence followed by bearish movement to range bottom Range bottom meet our RSI 80-20 reversal rules follwed by a bullish movement to the range top Macd showed example of over bought and oversold stochastic levels Buy and Sell stops listed on chart Take profits are listed on chart. Any questions on RSI 80-20 or my dual...
Currently on a Weekly retest, will be expecting a Long trade once we get the reversal pattern completion. Currently in a Short down to bottom of range / Trend-line.
This is our first video analysis Just push play