Godal Member's, Traders and Aspiring Traders . Todays shared post is on ..... Pair : AUDCAD Time-Frame : DAILY Biased : Shorts / Bearish Outlook: This set up is a continuation patterned also known as abc pattern so now the pull back has taken place and is testing resistance zone, i will be looking for continuation if my entry criteria occurs.
Godal Member's, Traders and Aspiring Traders . Todays shared post is on .. Pair : AUDCHF Time-Frame : DAILY Biased : Shorts / Bearish Outlook: Very similar to previous post on gbpusd. Price action had been consolidating for some time , ranging between the two allocated red zones. Price action then went on to break the down side of the identified range. As i...
Godal Member's, Traders and Aspiring Traders . Todays shared post is on .. Pair : GBPUSD Time-Frame : DAILY Biased : Shorts / Bearish Outlook: Price action had been consolidating for some time , ranging between the two allocated red zones. Not only did it break out of this range on the down side, a major daily bullish trend has also been broken .Making...
Godal Member's, Traders and Aspiring Traders . Todays shared post is on ..... Pair : USDCAD Time-Frame : DAILY Biased : Shorts / Bearish Outlook: This set up is based on price action pulling back to a daily resistant zone along side seeing a potential inverse head and shoulders on the daily . If I come across entry criteria for for further down side I will...
I hope all Godal Member's, Traders and Aspiring Traders . Pair : Gold Time-Frame : 4H Biased : Shorts / Bearish Outlook: After a major support trendline was broken alongside several price action rejections taking place forming new Lower Highs. This is another indication the market is losing bullish momentum so now i will wait for my entry criteria to form so...
Welcome to GODAL TRADING . Todays post is a rare going forward of a entry post on GBP/CHF with an outlook of a short/sell. This trade was based on several rejections of a major resistant level and a sequence of lower lows forming . Once the most recent lower low was created a waited for a pull back to the recent support that was broken making it a resistant...
I hope all Godal Member's, Traders and Aspiring Traders are all having a good start to the week and congrats to anyone who decided to use the previous charts analysis as a signal should be starting and ending last week profitable. Todays shared post is on ..... Pair : EURJPY Time-Frame : Daily Biased : Shorts / Bearish Outlook: This chart analysis is based on...
Keeping a close eye on this pair to see how price action reacts around this Major bearish trendline .
I hope all Godal Member's, Traders and Aspiring Traders are all having a good start to the week todays shared post is on ..... Pair : AUDUSD Time-Frame : DAILY Outlook: As price action shows it was in a range between the highlight support and resistance . Recent price action has rejected of the major resistant zone and broken a support zone that held for 6 days...
Could we see a major bearish drop on silver ? The following patterns was identified which add confluences towards being bearish biased. ABC Chart pattern. Break of bullish daily trend. Head and Shoulders pattern.
Take a look at a setup i had and followed with NZDCAD .
this post is a follow up on the previous post on this pair
Everything is the same , only updating how trailing stop loss is used on Godal Trading behalf.
Pair : EURUSD Time Frame: Daily Outlook : Based on previous post and analysis. I see the potential chance of the continuation taking place before pulling back to exactly where we would prefer . This is due to structure on the lower timeframes so in this case scenario i will now wait for my personal entry criteria Update on photo : *Expectation of a bearish...
Morning Traders and Aspiring Traders todays shared post is an update post on CHF/JPY . Pair : CHF/JPY Time-Frmae : DAILY Outlook : As predicted the strong daily bullish close took place whiles also braking bearish wedge resistant trendline with a strong bullish daily candle as previously said . As mentioned my first personal entry criteria occurred with the...
Welcome Godal Traders we have an update on ChfJpy. The falling wedge is now being tested at the resistant trendline . This is where patient's is needed towards seeing if and only if the recent Lower High is broken with a strong daily close . This will show and indicate that strong buyers are coming into the market . Which compliments the overall outlook towards...
Hello traders and Aspiring Traders , today's shared outlook / technical analysis is NZDUSD . Pair : NZDUSD Time frame : Daily Outlook : After price action was stuck between the highlighted support and resistance for 1 month. Price action broke out on the upside but failed to hold as a support and instead of making a new higher High, price action made a new...
Morning Godal Member's, Traders and Aspiring Traders todays shared post is an update post on EURUSD Pair : EURUSD Time-Frmae : DAILY Outlook: After identifying a potential head and shoulders formation in the previous post . The over extended lower low has provided the retracement / pull back we was waiting for . Which also provided some intra-day trades but...