Whats up traders, here we have BTC/USD on the 1D chart. Price recently broke a strong horizontal resistance level, before retesting the previous resistance as a new support line. The test was successful, and price is now moving nicely to the highs. Price is currently under a minor structural resistance at 11820. Price needs to break this resistance before we...
Whats up traders, I hope you all had a good weekend. With USD/MXN recently rallying straight of a downtrend, it was bound to have a correction. Here I have USD/MXN on the 1D chart. Price recently had a small downside correction after an up impulse. Price recently showed a pullback after the up impulse and small upside since. I believe this is a very high...
Hi traders, I hope you're all having a good start to your weekend. Here I am analyzing Stellar/Bitcoin on the 1D chart. Price recently had an impulse leg, and a small correction, and has now continued to the upside (See chart for details). I am expecting if that price breaks the resistance zone, that price will go to the highs. There is a few scenarios for...
Whats going on traders, today I am analyzing ETH/USD on the 1D chart. After price recently broke a long term horizontal resistance, investors are now able to consider a long position after a successful retest. Breaking the resistance zone and testing it as support is perfect for this trade. I believe now that the retest and new support retest has completed and...
Traders, how is it going? I am current analyzing NEO/BTC on the 1D chart. Currently price is falling from a recent retest of a resistance level. It appears when analyzing the chart, that current price action is part of a bigger move, where price is falling toward previous structure support. When price hits structure support levels (Around 0.00200000) it could...
Traders I recommend reading this entire post so that you fully understand what I have done, and how I have come to this analysis. With Bitcoin recently hitting a massive high, it is bound for an eventual correction. Here we have BCH/USD on the 4H chart. Price recently chad a small upside correction after a compelling down impulse. Now, price is at a juncture and...
Traders, we have a set up on EUR/SEK on the 3H chart, with a cycle pattern buy. (Three drivers pattern). When analyzing this chart, I discovered that price appears to be moving in patterns. Price has an impulse leg, and then has a corrective leg, and then has a new impulse leg that measures the same size as the previous one. When analyzing the chart, I started...
What's up traders, here we have USD/CHF, with a breakout opportunity on the 4H chart. This is a great opportunity with an over 1:3 Risk to Reward. I am expecting USD/CHF to make an up move to 1.0020 Bare in mind that price needs to have a successful breakout for this to be a valid trade. So it is important you indeed use this analysis, but use your own to make...
Whats going on traders, today I am analyzing BTC/USD on the 1D chart. After price reached the 10,000 level, investors are now thinking with logic and not hype and enthusiasm. Reaching this level was the pique of many Bitcoin analysis that I have seen all over TradingView and my Bloomberg Terminal. I believe now the level was hit, a correction is due. Price...
Hi traders, hope you're all having a good weekend. We have a potential setup forming for AUD/USD on the 4H chart with a breakdown trade. This could be an excellent shorting opportunity. I have tested a few hypothetical trading scenarios that could come into play when the FX market opens later. Each time, I have got over an 1:2 Risk to Reward. When analyzing the...
Traders I recommend reading this entire post so that you fully understand what I have done to come to my analysis. NZD/USD looks like a long opportunity on the 12H chart. After analyzing this pair, I discovered that price appears to be moving in patterns. Price seems to have an impulse leg, and then has a corrective leg which measures approximately 124 pips...
Traders I recommend reading this entire post so that you fully understand what I have done, and how I have came to my analysis. BTC/USD looks like a long opportunity on the 4H chart. After analyzing this pair, I discovered that price appears to be moving in patterns. Price seems to move up, have a corrective move, and then move up again, exceeding the previous...
Today we have a potential setup forming for CAD/JPY, on the 1H chart, with a swing trade. This is an excellent short opportunity with a just over 1:2 risk to reward. Price has been struggling to find upside for sometime now, and a move to 86.90's is on the horizon. If price breaks the 87.40 support level, I am expecting a breakdown to our measure target. This...
Hi traders, I hope you all had a wonderful weekend. I am expecting EURNZD to fall. Price is currently at a long term high, and is showing topping behavior. Coupled with this, price is showing a very compelling dark cloud cover and is showing a short in the bigger picture, expecting further downside. Best regards, Tom_Killick
Hi guys, EURJPY looks good for a buy. Use your tested trading strategy to find the entry and exit level. If you don't know the entry or exit levels, you are not ready to trade live funds. Best regards, Tom_Killick
Hi guys, The pair EURNOK looks like a buy. The pair nicely landed on the resistance turned support structure, and there has been a nice bullish engulfing signal and a clear follow on to the upside after. It is clear that there is more upside to be seen, and I am expecting a move to at least the previous structure high, as outlined on the chart. Best regards, Tom_Killick
Hi guys, and I hope you all had a great weekend. NZDUSD looks good for some downside. I am expecting a move to the lows of the range. The price should break down, correct, and then have another down move where I expect price to finish at the mean price level. There is also lots of structure at the mean price level so this is a good indication that the target we...
Hi guys, The pair USDTRY looks like a sell. I am expecting a retest of the above moving averages, or highest the previous swing high, before the breakdown. I expect then a break of the sideways support level where I am expecting a strong drop to the downside. If you don't know where to enter or exit this trade, you are NOT ready to trade live funds. Best...