Looking for a sell off on this pair with strengthening in the JPY. TDI Cross with a lot of short term fluctuations looking for a longer term bearish trend. Short term MA cross confirmed too.
A longer term trade here looking for a re-test then a bounce off resistance. TDI market baseline still decreasing but flattening showing a possible end to the bearish sentiment on this pair. MA Cross looking like by the end of play today. A possible TP at the clustered resistance (yellow line). Wait for confirmation on this longer term trade
On a longer term, looking for USDCHF to possibly re-test recent highs, then look for downside towards clustered levels of resistance (TP1 & TP2). TDI on the hour is looking for a potential bearish turn, MA cross on the short term confirmed. Possible trade into next week.
Hi all nice little resistance/tdi trade here. We await confirmation of the TDI hook before jumping in. However nice set up all the same. To join our free trading group please follow the link in the comments.
CADCHF approaching the overbought stage - Upper Red line at Resistance 3. TDI Market Baseline is approaching 68 with a TDI hook looking likely on H1 this evening (GMT). Waiting for confirmation on MA cross on the shorter term for entry.
TDI Cross looking bullish in the next few hours. Short term MA currently neutral looking for a confirmation to the upside early this afternoon (GMT). Expecting the to trend sideways with an eventual bullish movement towards the end of the day and possibly continuing into tomorrow.
We see a shorter term setup here as the market is choppy and there is a tight support/resistance on this one. Nonetheless - potential for profit here on the downside with TDI hook on H1 and MA cross to the downside on shorter term.
USDCAD short - looking for the short as it bounces of R3 to the downside. Also bounced off a support from 1st-5th April 2020. A nice TDI hook from above with a flattening market baseline suggests a turn in sentiment. Furthermore, shorter term EMA cross to the downside confirming.
MONTHLY Overall structure is OLHC. A lot of patience is needed for this setup. Currently sellers are really a lot and dominating price . Priceline is even below bloodline. A bullish reversal however is possible but it will take awhile . WEEKLY divergence in a weekly timeframe from the 5 August 2019 to 23RD FX:GBPJPY march 2020. Meaning buyers are slowly...
I noticed this M pattern coming into formation on a bearish move I anticipated at the end of the first leg from a different analysis I had. This possible M serves as another confirmation for me. Looking to drop down to the uptrend line that forms the bottom of the flag overall formation the market is currently inside of. Will continue watching and will take...
Good Morning Here you can see 3 yellow lines I was going to enter at 07:15gmt but it flushed down within 3 mins didnt open my MT4 qucik enough if it brakes my 2nd yellow line Iit could be another sell. NZD NEWS ANZ's Business Outlook Survey shows the results of a monthly survey including hundreds of businesses nationwide. ANZ Business Outlook analyses where...
1. PRICE @ YH 2. TDI CONFLUENCE 3. LSB 4. BEARISH ORDERFLOW
1. PRICE @ YH 2. TDI CONFLUENCE 3. LSB + RETEST 4. BEARISH OF