Price was pushed into a 1-Touch level due to FED Interest rates last night, most of retail traders are Bullish this pair so this will be used as liquidity to ride price action down to the next hourly level
Good afternoon ladies & gents,
Crazy good day today. Opportunities every all day on all pairs.
Here's a little freebie for you.
USDCHF has stop hunted a significant daily low & previous H4 Low.
After breaking market structure we have our lower timeframe entry confirmations to look for a long.
The Monthly + Weekly indicate a rally in USDCHF.
In light of...
Gold has recently began making LH & LL after positive US data, but has since recovered a lot of its losses. Although confluences for this trade are strong (resistance + trendline 3rd bounce + 78.6 fib level) i do feel as though gold could push higher. Targets are 1875 --> 1855 ---> 1843
In this video we look ahead to NFP and share our insights into how the market could move during and after the NFP report.
In this video we look at EURUSD levels to watch, however its important to be considering all USD pairs (and stock indices) for how they may move in response to the NFP report later.
The instrument is in an upward price channel .
Ahead of the trend is strong resistance - the February price peak 1.4242, followed by the historical target - 1.4375, which the currency pair should reach in the near future.
Now we expect the end of the correction and a rebound from the support of the price channel to 1.4242, a breakdown and growth to the...
The instrument is in an uptrend. At the moment, it moves in an upward price channel . We came to the resistance 0.7315 the first time with this channel, we did not break through the line, but the currency pair enters the retest of the 0.7315 level without updating the lows and breaking the picture.
I expect the price movement to continue, resistance...
At the beginning of the second half of May, the instrument broke up the strong resistance 1.2177 and began to consolidate above this level.
Since the trend is upward, the price follows a growing channel, purchases are relevant at the moment.
At the end of last week, the currency pair made a false breakdown of 1.2177 and the week closed above the...
Price has broken this ascending structure and we can see is retesting the bottom trendline.
Is this the first indication that price is reversing on this pair?
Lets see if we get fundamental confirmation!
Long term uptrend.
Price has been respecting this ascending channel.
We are very overextended on this pair.
Will we see a turnaround and reversal on the pair after topside of ascending channel has been respected?
At the end of April, the price bounced off the support zone at 149.44. In this zone, the level and the line of October 2019 intersect. The price rose to the resistance (channel border) 155.39 and I expect a fall to support.
The target is 149.86.
After falling from the resistance of 0.867, the price stopped at the support of 0.855. This is a small line from February 2021. Apart from one breakout, the price reversed at it.
This time the price has already started to rise. I am waiting:
1 - pullback and consolidation at the 0.854 line.
2 - growth to resistance.
The target is 0.866.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly'...