USD_CHF has reached the lower boundaries of the daily key resistance level. Coupled with the double top with the second top being the lower high, I am bearish on the pair. Now, depending on the style of trading you prefer, you might wanna enter a short now, If you are an aggressive trader, Or, you need to wait till the conclusive breakout of the horizontal...
BITCOIN has had a bullish rally following the news of PayPal incorporating Bitcoin into its payment systems. Now, on a technical level, there is a buying opportunity from the support confluence of the channel and the horizontal key level. I would not recommend any short, even though a movement downwards is likely too, as the upside is clearly more preferable...
OIL has fallen following the strengthening of the dollar and rumors of the slower economic recovery due to the 2nd wave of Covid-19. On the technical level, oil has reached a support confluence of the smaller and greater parallel channels as well as the major horizontal key level. Therefore, I am bullish biased, based on the technical analysis. The retest of...
COFFEE has reached a confluence of strong support lines, so I am looking for a long opportunity. Now, we can see that there has been a breakout of the downwards channel resistance upwards This breakout was also a breakout of the neckline of the reverse head and shoulders pattern. Now, we are waiting for the 4h candle to close ABOVE the neckline and we are going...
AUD_CAD reached a confluence of resistance levels. So we are bearish biased and we are looking to open a shot trade. Wait for the flag resistance to be broken downwards, then go short on pullback! IF there is no breakout, the setup is invalid! Thank you for watching! Like and Subscribe to NEVER miss a new video!
EUR_GBP broke out of the bullish wedge. Now is trading above horizontal and diagonal support as well as above the wedge resistance turned support. The target trade is a long, so we are waiting for the market to break upwards, retest, and then we are going long. IF there is NO breakout, the setup is invalid! Thank you for watching, like and Subscribe to never...
GOLD hasn't moved at all during the last trading days, as I suspect the market is waiting for the election results, which will be held in just a week. Now, I am bearish on gold as it is within the downward channel, and broke out of the smaller upward channel. So for those of you who want to be in gold, you might go short now, with the target of the green...
Here's a day trade idea I just took on a Sunday! The video explains exactly why im long on btcusd!
EUR_AUD is retesting the broken key daily level. The pair has been falling in a downward channel and has now formed a double bottom right on the key level. Wait till the breakout upwards of diagonal and horizontal resistance happens. Go long on pullback. If there is no breakout, setup is invalid! Thanks for watching, Like and Subscribe to never miss a new video!
GOLD is moving in two parallel channel one within another. For us to become bullish, we need to see green key level and the larger channel resistance to be broken to the upside. Then, we can go long from pullback safely. For us to become bearish, we need the small channel support to be broken downwards, and then we can go short on retest. Even better if the...
CAD_JPY reached a strong support level on daily. The pair is trading in a wedge, and I would go long after pullback, IF a confirmed breakout upwards happens. The long presents a great trading opportunity with a 3:1 to 4:1 risk reward ratio. Thank you for your attention! Like and Subscribe if you enjoyed my video!
EUR_USD has bullish momentum but all the long opportunities are missed. For the sellers, I would consider the diagonal resistance as the first short area, heavily dependent on the price action. The safest short opening area would be the horizontal resistance ahead. Wait for a nice reversal pattern and go short. Like and Subscribe to support me!
V-Pattern is obvious to me. I believe we will hit $19,000 before the end of this year. Then, after a slight correction, we will go parabolic (beginning of 2021).
Currently creating a new support level. Slowly still pushing up to institution levels. Looking at market slowly recorrect it self to continue trend up.
Looking for a good short opportunity.