NZDJPY is in bearish bias, it has broken the recent bearish market structure at 90.35 level. The price is now retracing back to the upside. There is an unmitigated strong point of interest (POI) at the 90.90 level, and it is advisable to wait and observe how the price reacts at this level. A bearish continuation movement is expected if the price reacts to this zone.
ZS is trying to reverse downtrend. Bearish upthrust has been weakening over the last two weeks and price has already set daily higher low on the pre-market. For reversal to happen bulls must protect 192.5 and build value above 196. If the reversal happens it will probably not to last long as we're in a monthly consolidation. But it still can provide some nice...
EURJPY formed a nice inverted head and shoulders pattern on a key horizontal support. Its neckline breakout is an important bullish signal. We can expect a pullback at least to 164.2 ❤️Please, support my work with like, thank you!❤️
NZDCAD broke and closed above a resistance line of a falling wedge pattern, after a test of a key daily horizontal support. We can expect a pullback now. Goals: 0.8233 / 0.825 ❤️Please, support my work with like, thank you!❤️
Detailed trading plan for USDJPY. Price action analysis & key levels. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
NZDCAD formed a nice double bottom on a key horizontal support. I think that the pair will pull back from the underlined blue area. Goal - 0.832 ❤️Please, support my work with like, thank you!❤️
EURCHF reached a key daily horizontal resistance. The pair looks overbought and as a confirmation of that I spotted a double top formation on an hourly time frame. I shorted the pair on a retest of a broken neckline. Target - 0.958 ❤️Please, support my work with like, thank you!❤️
Interesting setup on NASDAQ:TSLA Price was bracketing for the last four days. The high level context is certainly bullish (daily uptrend, strong market) but bulls met strong resistance as they tried to close gap from January 24th. Two possible ways to play it LONG: either from range bottom with profit target at range high and above; or wait for bullish...
GBPNZD formed a cute double top formation after a test of a key horizontal resistance on a 4H time frame. Because the pair is quite overbought, we may see a retracement from the underlined blue area. Goals: 2.068 / 2.061 ❤️Please, support my work with like, thank you!❤️
Update for EURCAD. Earlier we spotted a confirmed bullish reversal on a daily time frame. After a violation of a daily horizontal resistance, the price started to consolidate with a bullish flag pattern on a 4H time frame. The resistance of the flag was broken today with a high momentum bullish candle. It is a strong bullish confirmation and it indicates...
Stock is trading out of a consolidation Breakout, one can enter at 130 and look for swing targets at 135, 145, short term at 165. Swing target of 10-15%, short term target of 25-30%.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 474550 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session .Any Major downside only expected in case banknifty starts trading below 46950 level. also possible reversal...
Update for EURCHF. Similarly to AUDCHF, we spotted earlier a confirmed structure violation. To buy with intraday confirmation, watch a horizontal range on a 4H. Its bullish breakout - 4H candle close above 0.9512 will give you a strong buying signal. A bullish continuation will be expected to 0.9535 level then. ❤️Please, support my work with like, thank you!❤️
GBPCHF is trading in a bullish trend. The price recently broke and closed above a key horizontal resistance. The broken structure turned into a solid support. We may expect a pullback from the broken structure. I see a bullish breakout of a resistance line of a falling channel on an hourly time frame as a confirmation. Initial target - 1.113 ❤️Please,...
Multiple time frame analysis for Dollar Index. Price action & important key levels. Trading plan & potential scenarios. ❤️Please, support this video with like and comment!❤️
Hi guys We are still swinging below a downtrend line. If the blue resistance zone ($3.125) is completely consumed; The specified range for spot buying is low risk. If our condition is implemented, the loss limit of the price range trade is $2.255. What do you think?
GBPJPY is currently consolidating on a key horizontal resistance. I see a tiny horizontal range on a 4H time frame. It feels like the price may drop from that structure. Our confirmation will be a breakout of the support of the range. 4H candle close below 188.24 will be your bearish signal. A bearish continuation will be anticipated then at least to...
CHFJPY -@monthly highs _new weekly high(once we get closure above 170,534) _As seen in previous Bearish Legs (HH) when a new HH is formed a consolidation period begins before any bearish movement to the downside #BYKCAPITAL #LETSEAT