After the price bounced off the support zone 1675.91 at the end of March, it was able to show strong growth. First, during the growth, the price broke through the support line at 1731.84 and fixed on it. After fixing on the line, the price continued to grow and eventually grew to the resistance trend line 1784.10. This is a strong line formed in August 2020. The...
Since August 2020, the price has been moving in a downtrend.
The main trend line is resistance (also formed in August).
Apart from the breakdown in January of this year, the line has always reversed the price.
At the end of March, the price bounced off the support at 1680.75.
Grew up, broke through the nearest support and continued to grow.
Now the price is at the...
Let me remind you that since the beginning of this week, we expected the price to stop rising, its reversal from the resistance line and the beginning of a fall.
First, the price came to the resistance line at 1.205. Then she began to fall.
During the growth, the price...
Yesterday I made a long-term forecast for this pair.
Today we will return to the smaller TF and talk about the upcoming movements.
The price broke through the support resistance at 1.198.
This is the upper boundary of the falling channel (January 2021).
I expect the price to...
We predicted this potential price path on the pair. 20 days later we can see price has played out according to our price forecast.
First and foremost - our directional bias was absolutely correct.
Yes, the move took longer to play out than we anticipated; BUT - it really proves patience is a key skill in this game that you must have to become profitable....
Good morning ladies & gentlemen,
Hope you're all having a beautiful week.
A nice short opportunity has presented itself on EURUSD after trading upwards for several weeks. It's now ready to see some substantial downside. DXY is poised to go higher also.
The monthly orderflow for EURUSD is currently bullish. The weekly and daily however shows that we're in a sell...
As we expected at the beginning of this week, the price completed its growth and reversed its decline.
After the price touched the call support 1675.91 for the second time at the end of March. It grew, during the growth it was able to break through the support line...
The price continues to stand at the resistance line in the area of 1.207 and therefore I extend my previous forecasts - I continue to expect a fall from the resistance.
Let me remind you that since March last year, the price has been moving in an upward trend. In...
After the second touch of the strong support level 1679.67, the price has grown strongly. During this growth, it was able to break through the support line 1737.43 and consolidate on it at the point 1729.55. After such a successful breakout and consolidation, the price continued to rise and now we see that it has come to the resistance trend line 1782.11. This is...
AUDUSD is in the perfect place to look for shorts. The head and shoulders has is currently playing out and we got a sweet correction under the neckline. Wait for the correction to break and enter with stops above the correction.
Such a good looking trade!
Goodluck and trade safe!
The gold price is in an important position - in the correction zone formed by two support and resistance lines. This zone appeared within a long-term downtrend channel that has existed since summer 2020. Let me remind you that after a strong fall at the end of February, the price came to the support line 1675.40 - the lower border of the downtrend. The price...
An important breakdown occurred in April.
The price left the downtrend (January 2021).
The price broke through the support line (at that moment of resistance) 1.191.
After that, it has grown to the September 2020 resistance at 1.202.
The price shows a slight increase and tries to break the line.
I expect that if a breakout occurs, it will be false.
I expect the...
Good morning everyone,
A nice opportunity setting up on AUDUSD.
Price is showing a clear AMD model going into the Daily/Weekly Bearish Orderblock after breaking to the top side of the H4 range.
On the H1 chart, we see a clear break in the bullish market structure indicating a potential reversal short soon.
I've got quite a large SL on this trade idea; however,...
Let me remind you of the price movement according to my last forecasts that came true. Initially, gold continued to grow and during the growth was able to break through the support line 1736.07.
Then it fixed on this line, pushed away from it and continued to grow,...