USDWTI H1 - Ultimately long bias on WTI for obviously and explained reasons over the last few weeks. Pulling back to this trendline support so we could see a bounce here to break the higher timeframe resistance. More noteable support zone at 31.30, so in the case we pullback this far, it could be wise to load up on positions.
A very shallow observation, but potentially still profitable.
A bull flag appears to be forming on the hourly chart. The breakout could occur either around 6-9PM BST this evening, or if it decides to reside towards the lower range for longer, tomorrow throughout the day. If it loses the flag formation, however, it’s likely to range below the trend line until it...
CADCHF forming a nice pattern which could go two ways really. Im in the buy from the arrow and hoping I can make a nice Friday gain on this trade. If its a good one, will do a video on it and you could watch it on my channel.
I set my SL in a reasonable price so if its goes against me, I will deal with it.
Stay tune for update.
brief analysis was posted on our page previously. We have chosen to scale in (add another entry) at this price as we have hourly confirmation after retesting the previous support zone as resistance as we stated on our previous post the current bullish structure has now changed you can identify this by the market now making lower lows and lower highs great...
After missing our entry for the long last week as posted on our page, we have now been given a chance to re enter, after last weeks failed attempt to break and close above our TP1 zone the market experienced a short term snap back, again we are looking to gain buying momentum around the ascending trend level on the retest. Our stop loss is below the previous last...
Currency Pair: USD CAD Trend Predicted: UP Trend, SHORT. All major indicators are showing a Strong UPtrend of USD CAD. USD Dollar is showing strong after technical and fundamental analysis. Multiple indicators have been used to test the strategy. More updates will be available shortly.
I looked at the 15min and saw a lot of res but no this is what i see on higher time frame. Moved my stops to break even and will hold.
I don't see anything fundamental that will causing eu to go long again but who knows. News to watch out for today is 10 y bond and the budget (USD data)
NZDCHF / H1 / Bat Pattern
Market : Forex
Pair : NZD CHF
Time Frame : H1
Strategy : Cypher Pattern
Risk Ratio : max %2
If you dont know how to trade with this analyses, please scroll down and look at the educational ideas at comment part