As I predicted, NZDUSD dropped heavily after the release of Retail Sales data on Monday. Analysing a price action today, I see that the pair became heavily oversold. The price formed a falling wedge pattern and a narrow horizontal range within. Bullish violation of the resistances of the wedge and the range indicate a highly probable coming...
Look for the trail downwards Rectangle Top Reversal Downwards move back to support
XYO is in the dark zone between the resistance and support bands of current price ratio.
After quite a long consolidation within a wide horizontal range on a daily, US100 index violated its support. That violation is an important sign of strength of the sellers. It may trigger a correction lower, at least to 17500. ❤️Please, support my work with like, thank you!❤️
We can attempt to buy AIRLINK from specified level by placing buy stop as it has potential to achieve new targets i.e : 96 . SL , TP mention in chart
Reasons for bullish bias: - Consolidation phase breakout - Bullish trend Entry Level(CMP): 38.27 Stop Loss Level: 30.34 Take Profit Level 1: 46.2 Take Profit Level 2: Open
One more pair that looks very bearish to me after news is NZDUSD. I see a confirmed bearish breakout of a support line of a horizontal trading range on an hourly time frame. I think that a bearish trend on the pair will continue. Initial target 0.59 ❤️Please, support my work with like, thank you!❤️
Bitcoin may look pretty bullish, but do not get distracted. The price is forming a bearish distribution pattern inside a bearish parallel channel, as you can see on the chart. Right now, the odds are in favor of another crash. I am not saying this only because of the price action, but also because of the Elliott wave theory: as per my wave count, I am expecting...
Since bitcoin has already fallen from the price I've marked on my chart, I am going to explain why I think price will go to low 60k. Idea Invalidation: - If price continues to go up while above 2.5 market cap - If bitcoin consolidates here and alts pump hard, then bitcoin rallies again Price direction idea 1: There are currently two unfilled CME gaps in recent...
Crude Oil is consolidating after a strong bullish wave. The price formed a horizontal range on a daily. Next week, wait for a breakout of one of the boundaries of the range for a confirmation. Bearish violation - a daily candle close below a support of the range, will give you a strong bearish signal. A bearish continuation will be expected to 83.0...
Price action analysis for Gold. Potential scenarios and trading recommendations. Directional bias, important patterns, and thoughts after yesterday's CPI data/ ❤️Please, support this video with like and comment!❤️
After a breakout of a key daily structure resistance yesterday, Dollar Index is consolidating within a horizontal range on an hourly time frame. For those, who are looking for an intraday signal to buy, a bullish violation of the resistance of the range - an hourly candle close above 105.32, will give a strong bullish confirmation. A bullish continuation will...
Stock has H&Sh weekly (even monthly) pattern. For now DDOG confirmed Support lvl as a flip. (118) I want to see that base (118-139) being formed. After that it might give a perfect opportunity.
USDJPY is currently accumulating within a narrow horizontal range on a daily. It looks like the market participants are waiting for some important fundamental data next week to decide where to push the prices. I see 2 potential scenarios. Bullish 151.70 - 152.00 is a key horizontal resistance. Its bullish breakout - a daily candle close above, will be a...
I see a confirmed daily structure violation on GBPJPY, after quite a long accumulation within a horizontal range. We can expect more growth now. Next resistance - 193.37 ❤️Please, support my work with like, thank you!❤️
Continuational pattern to the downside Rectangle Bottom Look to short down to target Reversal Pattern to Lower Low
USDJPY is currently accumulating within a narrow horizontal range on a daily. It looks like the market participants are waiting for some important fundamental data to decide where to push the prices. I see 2 potential scenarios. Bullish 151.70 - 152.00 is a key horizontal resistance. Its bullish breakout - a daily candle close above, will be a strong bullish...
Yesterday, we spotted a confirmed violation of a key daily support on NZDCAD. After a retest of a broken structure, the pair formed a nice intraday bearish confirmation. I spotted a horizontal range on a 4H time frame with a breakout of its support. Such a violation increases the probabilities that the market will keep falling. Goal - 0.805 ❤️Please,...