TheTradersAvenue

TheTradersAvenue

Analysis of #GBPAUD Hi traders, today we will have a look at #GBPAUD Similar to my idea on the euraud, here we have another strong supply zone at the gbpaud 4-hour chart, also a strong key market level of 1.7900, As you can see the market tested this zone and showed a bearish reaction which was expected, right now i am waiting for the market to retest this...

TheTradersAvenue

Analysis of #EURUSD Hi traders, today we will have a look at #EURAUD looking at the chat you can see we have two zones, a supply zone and a demand zone, right now the market tested the supply zone and showed a bearish reaction which is something I was waiting for, but unfortunately the market extend lower, right now I am waiting for a confirmation...

TheTradersAvenue

Analysis of #AUDUSD Hi traders, today we will have a look at #AUDUSD yesterday short-term trading Idea on the AUDUSD did not provide an entry, right now I went to the higher time frame to look for another opportunity as you can see we have solid long-term trendline support and strong long-term trendline resistance the market has been respecting those...

TheTradersAvenue

Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD nothing changed for the EURUSD since last week as you can see still the EURUSD is trading inside this consolidation pattern we can expect the market to keep consolidating inside this range until we get the breakout. there are two ways you can trade this pattern first one is to trade inside...

TheTradersAvenue

Analysis of #USDCHF Hi traders, today we will have a look at #USDCHF here we have another market trending down in a very beautiful downtrend channel as you can see the market respected the trendline resistance and the trendline support many times before. I have no reason to believe the market will break out of this channel anytime soon for that we can just...

TheTradersAvenue

Analysis of #NZDUSD Hi traders, today we will have a look at #NZDUSD similar to my previous Idea here we have another trend line support with the previous structure support level but here as you can see we have a Double trend line coinciding ain't the same level which is 0.64200 it would be a good idea to start looking for a buy if the market actually...

TheTradersAvenue

Analysis of #AUDUSD Hi traders, today we will have a look at #AUDUSD as you can see the market right now is at trendline resistance the market actually showing a bearish reaction at this level and we might have a bearish candle formation at the top of the hour, which could be a good reason for some to get in sell trade, the other way to get in a selling...

TheTradersAvenue

Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD as you can see here we have a clearly defined uptrend in the GBPUSD and right now the market has broken its structure resistance level near 1.22800-1.2300 currently, the best place to look for a buying opportunity is when the market actually makes a retest to its previous resistance zone,...

TheTradersAvenue

Analysis of #AUDNZD Hi traders, today we will have a look at #AUDNZD We have an interesting harmonic bat pattern which will complete at a very strong level of 1.100 as you can see the market previously dropped substantially from this level and I suspect when the market reached this strong resistance zone again we will see a bearish reaction so you have to...

TheTradersAvenue

Analysis of #EURJPY Hi traders, today we will have a look at #EURJPY If you look at the chart here as you can see we are at the daily time frame and I can see immediately that we have a strong structure support level just near the 138.00 area as you can see traders pushed the market up from there at this level So I think the market may come and test...

TheTradersAvenue

Analysis of #USDCAD Hi traders, today we will have a look at #USDCAD as you can see looking at the chart the market is falling down and might be wanting to test the trendline support and the structure support level which is also 1.3300 key market level if the market comes down and tests my trendline support and structure support level I will drop a one-time...

TheTradersAvenue

Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD looking at the chat you can see the EURUSD is still in an uptrend and I still want to buy the EURUSD here as you can see yesterday the market broke the major resistance level of 1.07000 I am looking at the market to come back and testis the structure support level where I will be looking...

TheTradersAvenue

Analysis of #GBPJPY Hi traders, today we will have a look at #GBPJPY you have another simple training Idea as you can see we have the market keep going up with the RSI keep going down so what I'm looking for is the market to keep pushing up to reach 162.00 which is also the previous lower highest where will be looking to sell the market if it a valid...

TheTradersAvenue

Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD this is a sample follow-up on my previous EURUSD Idea as you can see I am expecting the market to test the previous structure resistance which now turned to support level if the market will make a test to this area it will form a trend continuation patterns which, a flag pattern, will be...

TheTradersAvenue

Analysis of #GBPAUD Hi traders, today we will have a look at #GBPAUD here we have another bullish harmonic Cypher pattern, right now the market is at an excellent level to get in, we are already forming A double bottom at key market level 1.75 it is a simple pattern we're just waiting for confirmation to get in, personally, I might not get in this trade...

TheTradersAvenue

Analysis of #USDCAD Hi traders, today we will have a look at #USDCAD as you can see here we have a beautiful bullish harmonic Gartley pattern which right now it's more at a better entry level but as you can see the market keeps going down. I was watching this bullish pattern to get a confirmation we are more we are turning more bullish but so far the market...

TheTradersAvenue

Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD looking at the chart, you can see the market has violated the uptrend as highlighted by the circles looking left. I still expect the market to keep moving up but as you can see we have multiple tiers of resistance and I don't want to be involved in any buy trade right here right now what...

TheTradersAvenue

Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD looking at the chart you can see that last Friday the EURUSD broke to the outside with strong momentum after the NFP news, right now I still see the EURUSD continuing to the upside for that I still want to trade with the upside, and looking for buy opportunity. I can look for trend...