EURCHF is bearish HL/LL structure Go down. two scenario: 1 Go down now 2. Retest and reverse
WTICO/USD/ Short • If price corrects and a tight one hour flag forms, then I'll be looking to get short with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. GBP/JPY Long • If price pushes down to...
Interest Rates announcements from both US and EU central banks are expected next week. The rates could be left unchanged now that inflation has cooled. But will the dollar strengthen in the dawn of these events and during them? Share your thoughts.
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait...
BINANCE:BTCUSDT Bitcoin after the formation of wave C, which passed 138% of wave A, we have to wait for an upward movement, and I have the range of 32000 to 33000 to start in my mind! After that, we will again experience a short downward correction and return to 29900, and after that, I am considering a small upward movement to the final range of 36000, and...
The S&P500 is becoming oversold by a 2 standard daily deviation band. We can likely expect a small bounce, but the question is bearish or bullish consolidation.
On AUD/USD, we have a bearish setup with a trendline that was breached this morning with a simple TOUCH, the third one. The market indeed used it as a resistance, precisely retracing to the 61 Fibonacci level. Now, I anticipate a short position with a target at 0.6360. Happy trading, everyone.
EUR/JPY Long • If price pushes down to and ideally just below our area of value and it doesn't do so impulsively, then I'll be looking to get long with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or after a one hour rejection from it. • If my entry requirements are not met then I will simply wait until another...
Good evening, we are from Ukraine! Dear colleagues, I am glad to welcome you! Having familiarized myself with the market situation on the younger time frames, I can note several key points of the situation that need to be paid attention to. First of all, the current decline in volatility on the first cryptocurrency indicates that the "spring" is narrowing...
USDJPY stabilizing above 144.96 will support rising to touch 145.50 then 146.11 then 146.92 stabilizing under 144.69 will support falling to touch 144.03 and then 143.33 Pivot Price:144.69 Resistance prices: 145.50 & 146.11 & 146.92 Support prices: 144.03 & 143.33 & 142.45 timeframe:4H
Goodmorning Traders, In this analysis, I am observing that gold is showing signs of weakness. This is indicated by a bearish channel originating from the 1980 level. Furthermore, I see evidence of decreasing swing highs and swing lows. Additionally, we have finally received confirmation of the break of the swing low, followed by a re-test of the midline of the...
Bitcoin is once again displaying its strength by breaking above the wedge pattern, signaling the potential for an upcoming rally. While it's important to acknowledge the possibility of further downside, the probability of the uptrend continuing is considerably higher. In this scenario, we're leaning towards a long opportunity, setting our profit target at the...
EURUSD TRADE IDEA (AUGUST 9, 2023) EURUSD is currently trading within a falling channel. Price is on it's way to kiss the top of the channel at 1.0989-95 area. A short position at this channel top will offer an amazing trade with great risk reward ratio. Your 'Stop loss' should be at 1.1017, and your targets should be at: 1.0930, 1.0915, 1.0890, and...
The New Zealand dollar has declined by 1% on Tuesday. In the North American session, NZD/USD is trading at 0.6044, down 1.01%. Earlier, NZD/USD touched a low of 0.6034, its lowest level since June 8th. China's post-Covid recovery has not gone according to plan, as weak global demand and soft domestic demand have weighed on economic activity. This message was...
AUD/NZD Short (No video this morning due to ill health.) • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my...
NZD/USD Short (No video this morning due to ill health.) • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and it doesn't do so impulsively, then I'll be looking to get short with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or after a one hour rejection...
NZD/USD Short (No video this morning due to ill health.) • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and it doesn't do so impulsively, then I'll be looking to get short with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or after a one hour rejection...
AUD/NZD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...