In order for us to take a long term long trade on this pair I want to see a pullback to either one of the two ones that I have marked with yellow arrows for me to enter on the H4 timeframe where I would place my first take profit level at the 135.250 area and my second take profit level at the weekly downtrendline if I see strong bulls break, retest and reject the...
We an observe EURUSD in a downtrend as well as massive bearish pressure after breaking multiple historically major reversal zones. Here is a trendline indicating the direction of price as well as the marking of various major zones. Price looks to be doing a minor pullback before my predicted fall once again. I am looking for Bearish engulfing candlesticks on...
I've posted an analysis for this pairing a week or so back and it has played out exactly as i've predicted. Now I am looking for a long setup from my trendline to the most recent high. My expectation after this is for price to conclude a double top and for us to short the pairing but for now this is what I have. For any further questions kindly contact me on...
USDZAR appears to have reversed after a double top formed on former Weekly major resistance level and successfully broke the double top neck line. What to look for: Break, retest and a bearish confirmation pattern to go short.
Projected TAKE PROFIT level: Pink line.
Red arrows > Show strong seller potential.
Where can we see the Head & Shoulders pattern: H4 &...
GBPAUD Long Setup. We have what appears to be a reversal after the double bottom break and close that we can clearly see on the Hourly timeframe(H1). I have marked out major supply zones within the green boxes. Under the rules of my strategy I consider and break, retest, and rejection off of in this ase a double bottom neck line the start of a new trend. If you...
This move has not played out yet however, if we do get a break and retest of this major level of resistance that can be seen on NZDUSD H4 especially... we will be taking a longshot to the previous level of huge support on the Daily chart. If you have any questions kindly directly message me via my instagram account as I don't check any other form of social media:...
