Hello everyone, here is the top-down analysis for EURCHF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
on H4: EURUSD is approaching a strong supply zone so we will be looking for objective sell setups on lower timeframes. on M30: EURUSD is forming a trendline in red but it is not valid yet so we are waiting for a new swing to form around it to consider it objective and then enter sell on its break downward.
on DAILY: NZDCAD is sitting around a strong resistance zone in green so we will be looking for objective sell setups on lower timeframes. on H1: NZDCAD is forming a channel in red but it is not valid yet so we are waiting for a third swing to form around it and then enter on its break downward. or we are waiting for a momentum candle close below the head and...
two possible scenarios on GBPNZD, let's see which one is going to get activated first and we will act accordingly.
on DAILY: NZDCAD is sitting around a strong resistance zone in green so we will be looking for objective sell setups on lower timeframes. on H4: NZDCAD is forming a channel in red but it not valid yet so we are waiting for a third swing to form around our lower red trendline to consider it valid and then enter on its break downward.
on H4: CADCHF is overall bullish trading inside these two blue trendlines so we will be looking for objective buy setups on lower timeframes unless price breaks below our green support aggressively then we will sell this one long-term (if we have three confluences) on H1: CADCHF formed an objective channel in red so we are waiting for a momentum candle close...
on H4: NASDAQ is trading inside this blue channel so we are overall bullish and we will be looking for objective trend-following buy setups on lower timeframes. unless price breaks below the last swing that forms around our lower blue trendline, then we will sell this one long-term.
on H4: EURAUD is overall bearish trading inside our green channel and it is currently sitting around our upper green trendline so we will be looking for objective sell setups on lower timeframes. on M30: we are waiting for a new swing to form around our lower red trendline to consider it objective and enter on its break downward. on H4: we are waiting for a...
on H4: CADCHF is overall bullish and now sitting around our lower blue trendline so we will be looking for objective buy setups on lower timeframes on M30: CADCHF is trading inside a red channel but it is not valid yet, so we are waiting for a new swing to form around our upper red trendline to consider it objective and enter on its break upward.
on DAILY: USDCHF is sitting around resistance so we will be looking for objective sell setups on lower timeframes. on M30: we are waiting for a new swing to form around our lower red trendline to consider it objective and enter on its break downward as a trend-following setup. or we are waiting for a new swing to form around our upper blue trendline to consider...
on DAILY: USDMXN is retesting a strong demand zone in green so we will be looking for objective buy setups on lower timeframes. on H1: USDMXN formed an objective channel in red so we are waiting for a momentum candle close above the last swing that forms around our upper red trendline to buy. meanwhile, until the buy is activated, we would be overall bearish
on DAILY: GBPNZD is sitting around a support/resistance zone in blue so we will be looking for objective buy setups on lower timeframes. on H1: GBPNZD formed an objective channel in red, so we are waiting for a momentum candle close above its last swing to buy this one short-term. Moreover, we have a bullish regular divergence on MACD adding more confluence to...
on H4: CHFJPY is overall bullish trading above our orange trendline, however, it is approaching a strong resistance in green. on H1: CHFJPY is forming a channel in red, so we are waiting for a new swing to form around our upper red trendline to consider it valid and then enter on its break upward. and we are waiting for an objective break below our lower orange...
on H4: AUDCHF is overall bullish and now approaching our lower blue trendline so we will be looking for objective trend-following buy setups on lower timeframes. on M30: AUDCHF is forming a trendline in red so we are waiting for a new swing to form around it to consider it valid and then enter on its break upward. Moreover, we have a regular bullish divergence...
on DAILY: EURAUD is sitting around a resistance zone so we will be looking for objective sell setups on lower timeframes. unless price breaks it upward, then a bullish movement would be expected. on M30: EURAUD is forming a channel in blue (not valid yet) so we are waiting for a new swing to form around it to consider it our last swing and enter sell on its...
on WEEKLY: NZDCAD is currently sitting inside a resistance zone so we will be looking for objective sell setups on lower timeframes. on M30: NZDCAD is forming a head and shoulders pattern (still an idea) so we are waiting for the right shoulder to form and then enter on the neckline break downward. meanwhile, NZDCAD would be overall bullish and can still test...
on WEEKLY: BTC is still sitting around our 10.000 round number and supply zone so we will be looking for objective sell setups on lower timeframes. on H4: BTC is trading inside our two red trendlines (not valid yet) so we are waiting for a third swing to form around our lower red trendline to consider it valid and then enter on its break downward. we also have a...
on DAILY: this pair is currently rejecting a strong resistance/supply area so we will be looking for objective sell setups on lower timeframes. on H4: AUDNZD is trading inside our blue channel (not valid yet) so we are waiting for a new swing to form around our lower blue trendline to consider it objective and enter on its break downward. we also have a regular...