Trend: Bearish, longer term Structure: Support and Resistance Plan: Price has been confirming an upper trend line and has most recently on the one hour timeframe formed a lower low suggesting bear power. We now look to take a short from the upper resistance line down to either previous lows or lower resistance Price for the last week hours has been in an up...
Trend: Long term bearish Structure: Support and resistance / head and shoulders pattern Plan: We have been monitoring CADJPY for a while now, price has broken out of the support and resistance zone and is now testing the support level. We look for price to bounce to previous highs. Confirmed by the test of support and MACD confirmation. With the bearish nature...
Welcome back Traders, Investors, and Community! Hi Traders, USDJPY on H4 has broken below the Support with a large red candle, I think it could potentially go lower to 108.55 ⬇️Sell now or Sell at 110.31 ⭕️SL @ 110.70 ✅TP1 @ 109.27 ✅TP2 @ 108.96 ✅TP3 @ 108.55 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have...
Welcome back Traders, Investors, and Community! Hi Traders, SOLUSDT on H4 after breaking above the Resistance and retest, is expected to continue its way up to the upper line of the Bullish channel. ⬆️Buy now or Buy at 33.15 ⭕️SL @ 33.00 ✅TP1 @ 38.00 ✅TP2 @ 41.25 ✅TP3 @ 44.07 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really...
Trend: Short term bullish Structure: Horizontal resistance Plan: We see a short term bullish trend on CHF JPY. Price has pulled back to a level of support. We expected a bounce to the upside with TP at previous high. RSI/Stochastic confirmation needed before entry.
Trend: Short term bearish trend Structure: Horizontal support and upper trend line. Plan: We look for GBPUSD to make a move either to the upside and confirm a breakout before taking a long. Alternatively if GBPUSD respects upper trend we look for it to breakout of lower resistance and take a move to the downside.
Trend: Bearish (long term) last week:(bullish) Structure: Upper trend line and horizontal resistance. Plan: We have seen the upper trend line be respected a number of times within the last month. As EURCHF comes up we look to either take a short as it bounces off or wait and look for a potential breakout, retest and move higher.
Trend: Bullish Structure: Trend analysis / Support & Resistance Plan: We have identified a lower trend line on GBPCAD. This combined with a upper level of support gives rise to a potential long opportunity
Trend: Bearish Structure: Fibonacci levels and support & Resistance. Plan: EURCHF has seen this large pullback of its bearish trend. It appears to be stumbling at the 0.5 Fib level retracement and solid resistant levels. If MACD confirms its bearish signal we can expect a move to the downside with TP at 0.5Fib
Trend: Bearish Structure: Channel / Breakout Plan: We previously stated that GBP could bounce off the lower boundary and make a move to the upside. What followed was a breakout of resistance and what appears to be a confirmation of the breakout. We now look to take a sell to previous low. Please wait for MACD and stochastic confirmation as MACD is slightly bullish
Trend: Ranging Structure: Flag / Horizontal channel Plan: For the last month GBP USD appears to have been trading within a tight horizontal channel. We can expect price to respect lower boundary and move towards the upside with TP at previous high (or 0.5 Fib Level).
Trend: Bullish Structure: Trend lime / horizontal resistance Plan: We have seen price respect the lower trend line, now a long opportunity presents itself with TP at horizontal resistance. We observe higher highs and higher lows, confirmation of a bullish trend.
Trend: Short term bull trend: Structure: Trend line breakout with retest of support level Plan: Price has broken out of its bearish trend and is now testing a level of support. If price respects this level we can expect a move to the upside
Trend: Bullish (although breakout has occurred) structure: Trend line and Channel breakout and retest Plan: Price has broken out of a flag pattern/parallel channel, we now see a retest and rejection of the lower channel bound. The expectation is price will retest and move towards previous low.
Trend: Ranging Structure: Support and Resistance zones Plan: We have seen price respect the upper resistance zone and now look for it to fall back into the lower resistance zone or 0.5 Fib level.
Trend: Bearish Structure: Breakout and retest of horizontal resistance Plan: We have identified a level of resistance which has price has broken out. Upon retest we look to take a short down to 0.5Fib level as show by the lower resistance line.
Trend: Ranging Structure: support and resistance / Zone We have identified a buy zone test multiple times on the 4HR time frame. We now see price has once again respected this zone, however the stochastic on the one hour timeframe is at 90 so we look for a small pullback for a long entry.
Trend: ranging Structure: Descending wedge. Plan: We have identified a strong lower resistance level that has been tested and respected four times over the last month. We now look to take a long after the latest bounce to the 0.5 fib level. Those who are aggressive traders could set TP at the upper trend line.