Price has the potential for the upside upon the retest of the broken previous high and the recently formed low. Wait for lower timeframe confirmation to confirm the move.
Price has potential for the upside on the retest of the broken high and recent formed low. Wait for lower timeframe confirmation to confirm the move.
As we seen the price already achieved at the level where the daily confirmation given, Thus it just needed more confirmation on the lowest timeframe to be looking for. Several news about JOLTS Opening and NFP will be decide the movement of USD. Happy trading for this week. CHEERS!!
We are witnessing a divergence in the RSI indicator. After hitting and rejecting the daily resistance, the price has entered the indecision phase and has the potential to fall to the minor level.
This is not a financial advice. Make sure to always trade with caution.
This is not financial advice. And always remember to trade using a good risk to reward.
AUDUSD just made a new lower low. Thats inviting. I'm setting myself up to take another sell on her. I discuss the details in the video. Today, I'm going live at 1:00 pm EST. If you can't make it be sure to catch the replay. I'll be chatting on how to analyze your currency pair for trading success. I hope to see you there. -Shaquan
Price strucuter is uptrend, where the price managed to break above daily support level. The price then retraced and retested the support level which is also 50% of fibonacci retracement level. 4h the price closed with bullish engulfing candle which indicates continuation of the uptrend.
CHF vs PLN downtrend continuation. Taking precise benefit from the downtrend by evaluating candlestick behaviors.
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This is the perfect time to update my chart after coming off of a USDJPY winner. Price is in an uptrend. Notice how the exchange rates are increasing at each high and low. No trend lines or support and resistance are needed to identify trends but if thats your thing go for it! So to get back into the trade I'm setting a buy limit order. A buy limit is a...
A nice place to buy SPY may be at the triple confluence of the .236 retracement, upward trendline and previous pivot high. A pause or bounce at that level might make a good entry for another leg up.
This analysis is based on the fact I'm a trend follower. The setup of this pair is as simple as it can get. The first thing to notice is the ease of identifying the price in a downtrend. Secondly, the estimation zone can easily be plotted. Finally, there is no confusion about what price is done on the weekly or daily timeframe. This is what I love about the...
Looking at the chart above, i can see the bullish momentum is yet to cease and can see price pushing into the 1.22500 region
The BTC price have been in a downtrend since its peak, early November 2021 at a price high shy of $70,000 US Dollars. Since, price had decreased 50% plus to a local bottom around $33,000 US Dollars, Late January 2022. Followed by a relief rally with a peak around $48,000 US Dollars, Late March. For then continue its downtrend to the support area around the...
JSE:SHP might close this week below the 200 dMA. I don't hold anything trading below this level.
EURUSD long has alerted. Trend trade identified and entered. Working 2H timeframe on this strategy. Trade details can be found on the chart in printed label. Working to TP3 on this trend scalp trade. Trade box is tracking the trade. Want to know how I identified this trade you know what to do. Thanks for looking Darren🙌
I have a trade alert for CADJPY. Trend trade identified and entered. Working H1 timeframe. Trade details can be found on the chart in printed label. All the TP values same in label as that's what I'm aiming for on this strategy. Trade box is tracking the trade. Want to know how I identified this trade you know what to do. Thanks for looking Darren🙌