hey guys, though bearish movement on eurusd is officially started, always remember to look left at structure. the market is very close to a key monthly/weekly support cluster based on 2015's - 2020's price action. with average weekly atr, chances are high that this level will be reached quite soon and then most likely a pullback will follow. consider that...
Here can we see $btc is clearly going down. All the bulls are in denial, and think we won’t see 8k at least again. Feel free to educate, use and trade with this at your own risk. My ideas are not yours, now we can be friends :)
EURAUD - Parallel channel break down is expected in this now, sign of clear weakness. My approach will be a Short sell position at current price 1.65300 Maintain Stop loss around 1.66000 Potential downside target 1.64200 - 1.63400 Follow the levels as mentioned. Traders, if you liked this idea hit the like button & write in the comment section. Why you...
USDCAD - Momentum is quite strong in this pair, I am expecting an up move in this. Approach should be buy here at current price 1.33140 Potential up move 1.34000. Maintain Stop loss around 1.32400 Traders, if you liked this idea hit the like button & write in the comment section. Why you should follow this tradingview account ? Managed by top most renowned...
hey traders, if you missed a long trade from a key level on EURGBP, pay attention to a minor ascending triangle on 4H today. wait for a 4h candle close above its horizontal resistance and buy aggressively or on a retest. your fist goal will be 0.925 level. concerning a save stop placement, I would set it based on the last higher low within a flag...
EURJPY retested a broken support line on a major parallel channel on a daily. on 4h the price formed a sequence of reversal candles: dodji + rejection candles, bearish engulfing candle + the retest point matches perfectly with a 618 fib.retracement of the last bearish impulse on 4H. based on that the probability that the price will start falling is very...
The pair is trading in a massive upward channel on higher timeframes. It has currently reached the channels support line, and a long term horizontal support too, while being pressed by three lesser resistance lines. Thus, the pair is at the influence lines confluence zone. My take is that the support lines are older and stronger, and it is reasonable to...
We were expecting a triple top formation to form but now we have confirmation of this downward channel. If we can see price break through our minor support area then we could expect further weakness from the dollar across the board.
hey guys, I rarely post just structure analysis, so let me know whether you need it or not! EURCHF keeps falling and just recently we seen a confirmed monthly breakout of the previous key level. now the market goes lower, our next key levels are: support 1 - 1.033 - 1.04 area support 2 - 1.007 support 3 - 0.966 if you are looking for a buying opportunity,...
hey traders, finally, we see some volatility today and buying volumes are clearly accumulating. 1702 level is the last resort for sellers, being broken to the upside it will trigger stop losses and will most likely drive the market further. our next key historic level is 1780. this level proved its significance in 2011th and 2012th. moreover from this...
Morning guys, double top formation and breakout of a parallel channel on GBPNZD. these are the perfect conditions for a bearish continuation. I believe that after a minor retracement the price will continue lower! Target levels: 2.03 / 2.004 good luck! please, support the idea with like and comment! thank you!
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UsdChf is at a resistance level and once it shows signs of momentum loss we an start shorting in my opinion.....what do u guys think..will it rise to the second resistance? plz share your ideas in the comments box.
After a strong move to the downside, we have now pulled back to retest this key area of (now) weekly resistance. I potentially will look to set a short order after 10pm GMT, once the daily candle closes. If you are interested in learning how I trade, drop me a DM!
I was asked a lot about EURAUD. Pair has recently broken above the bull flag and we see a strong bullish continuation. I believe that bulls will continue pushing the market to higher structure levels. On my trading radar is the wide area between 1.641-1.647. This zone matches perfectly with the horizontal structure on the left and completion point of the...
( IGNORE LEFT CHART ) ARNA strong level of R @48.15, RSI 30 oversold and confirmation MACD crossover signal indicates a bounce up for a possible reversal. Closed at 78% retracement level (orange line) also acting as a R holding @48.37, look for pattern formation before breakout. Waiting for breakout @63.04 to confirm reversal, potential profits on the way up...