A glimpse of the EURAUD in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
NZDJPY broke and closed above a key daily structure resistance yesterday. The broken structure turned into support. After a violation, the pair became overbought and we see a correctional movement at the moment. The price is steadily falling within a bullish flag pattern. Your bullish confirmation will be a breakout of the flag's resistance. Let the candle...
Took successful UJ buys after price broke resistance, waited for a pullback and entered anticipating price to move up with NY volume. Looked to target a 4hr wickfill and stops were placed below support.
GBPJPY is trading within a wide horizontal range on a daily. The price is currently testing its resistance. On an hourly time frame, we can see how the pair was weakening after it started to approach the underlined blue area. After a strong bullish impulse, the price formed a rising channel. Test of structure triggered a strong bearish reaction and the price...
EURNZD is trading within a wide intraday horizontal range. After the test of the upper boundary of the range, the price formed a cup & handle pattern formation. A breakout of its neckline is a strong bearish signal. We can anticipate a retracement to 1.7513 level now. ❤️Please, support my work with like, thank you!❤️
Alert! Bitcoin Bulls Nearing a Critical Breakdown - Could This Spell the End of the 2023 Bull Run? In my recent Bitcoin analysis, I explored the possibility of going long on BTC to the range of to 42k-- 46k range while maintaining a cautious bearish perspective. Despite the bulls successfully pushing the price to the specified range hitting 38k exactly but can...
Hi Traders! There is a pullback on the bullish momentum we have had over the past few days on GBPUSD, and there is a head-and-shoulders pattern on the 2H chart. Here are the details: The market is rapidly approaching the neckline, and there are opportunities for short entries to target a break below the neckline. The market has also broken below the 20 EMA,...
Hi Traders! AUDUSD is having a strong finish to end the year and is targeting the 6-month high at 0.68948. Here are the details: After the double top at 0.68948 six months ago, AUDUSD was in a bear market for two months and then went into a range zone for three months. Last month, the market finally broke the 0.65175 range zone resistance and has been in a bull...
CADJPY reached a key horizontal resistance. The price nicely reacted to that, forming a double top formation on a 4h time frame and breaking a support line of an expanding wedge pattern. I anticipate a retracement at least to 106.45 ❤️Please, support my work with like, thank you!❤️
Hi Traders! EURUSD continues its bearish outlook as the market is now in a descending channel. Here are the details: After the double top on the higher timeframe idea (see link below), the market looks to have run out of steam to break the resistance level, which provides additional opportunities for short entries to target the support level at 1.08860. We are...
After breaking the suffering range, everything is ready to go to the desired range... WOMAN , LIFE , FREEDOM✌
USDJPY is closed on a key horizontal daily support. The price formed an ascending triangle formation on that on a 4H. 142.47 is the neckline of the pattern. IF the price breaks and closes above that on a 4H, it will signify the strength of the buyers and highly probable bullish continuation. A bullish movement will be anticipated to 144.0 level then. ...
GBPNZD formed a head and shoulders pattern after a test of a key daily resistance. The neckline of the pattern is broken, and we see its retest at the moment. I expect a bearish movement to 2.0420 / 2.0315 ❤️Please, support my work with like, thank you!❤️
Hi Traders! AUDUSD has broken its yearly trendline resistance as the bulls have taken over. Here are the details: The yearly trendline is now broken. Since the break and close above the 20 EMA, the price action has looked very bullish. Our plan is to buy the market dips by looking for an entry near the trendline resistance and an exit near the mid-year range...
Hi Traders! USDJPY is on a pullback and re-testing the trendline break, which opens up opportunities for short entries on the market's pullbacks. Here are the details: The market recently broke both the support trendline and the descending channel. Our plan is to sell rallies by looking for an entry near the 20 EMA and a target exit near the monthly...
Hi Traders! AUDUSD is in a descending triangle, and there is a possibility of a break below the trendline support. Here are the details: The market is trending down with swings of lower highs and lower lows following the break and close below the 20 EMA. Our idea is to sell rallies, looking for a break below the support trendline and exit at 0.64924. Preferred...
AUDCHF is testing a key horizontal supply area. A bearish breakout of a neckline of a double top pattern on an hourly time frame gives us a strong bearish confirmation. We may anticipate a bearish continuation to 0.5733 ❤️Please, support my work with like, thank you!❤️
GBPCAD formed an ascending triangle formation after a test of a rising trend line. I expect a movement up to 1.715 ❤️Please, support my work with like, thank you!❤️