nickxxix

nickxxix

Strongly trending downward, looking for a sell around the 13000.00 area for a 1000 point drop to 12000.00. Happy trading.

nickxxix Updated 

A general take on the overall trend, expecting new highs to form at 151.00 - 151.50. Major swing, patient trading. Cheers

nickxxix Updated 

Found multiple rejections on the 4H chart & identified the pivot around the 59.00 area, Looking for the swing towards the 63.50 area at least. Stops clearly marked.

nickxxix

Predertermined a Higher TF pivot point with multiple rejections around the 59.00 area, looking at this swing towards 63.50 at least.

nickxxix

This pair has been in an accumulation phase for almost a month now. After a strong rally to the upside. A double top has formed inside the range. Whether you took the sell is purely up to you. Look at it closely. Don't say no one warned you when Cable folds. Trade safely.

nickxxix Updated 

Hey Traders. Here is another piece of analysis for you guys, this time on #NZDUSD. This is a two part trade as I have indicated on the chart. Overall the long term bias is bullish, so this is just short to medium term analysis on this pair of what I expect to happen within the coming week. We have breached a major 4H zone, of which what looks to be a retest is...

nickxxix Updated 

A little bit of demand and supply analysis on USDCAD for the coming week. Current market structure is bullish as previous lower highs @ 1.31449 were taken out. Another indication of positive bullish momentum is breakout from the major 4H zone and looks to indicate a retest whoch took place as of Friday. Now we can look toward the opening candle on Monday to...

nickxxix

A long idea on the Pound - Yen 1H TF. Should the zone be retested we should be bullish momentum up to 133.900 Happy Trading, trade cautiously. Enjoy.

nickxxix Updated 

A Head & Shoulders Pattern has formed with a higher low (coloured in red) being broken. There is a retest of the zone which is currently underway. A break and possible retest of the $9977.00 would ultimately confirm my sell bias. Long term sells are still underway, for my Stop Loss value of $11163.67 was not reached. First TP of $8455.00 still in mind with the...

nickxxix

I am still bearish on this. My previous analysis did not hit exactly as I had done my analysis by about $83, which was a great enough trade for me either way. As I indicated on the chart I am still bearish, the bearish trend is still yet to be confirmed inside the demarcated zone. Otherwise a break of $11163.67 will have me looking for bullish set ups, otherwise...

nickxxix Updated 

BTC is currently showing negative market structure. Downside potential looks toward the $9000 mark before a heavy reversal back to the upside, at the time of this post a new bearish 4H candle is forming. Trade cautiously. Goodluck. Any suggestions please comment them.

nickxxix

A quick idea on GBPCHF chart, market structure is currently in an uptrend, although I predict that if price breaches the trend-line then it shall tumble downwards as indicated, otherwise the market will stay in the bullish trend. Always wait for confirmation, wait for the market to come to you. Trade cautiously.

nickxxix

H1 Chart on the GBPAUD pair. market structure is currently negative as we enter into the new trading day. A bearish engulfing candle has newly formed itself inside the triangle, therefore I expect a further breakdown of this pair. A few retests around the 4 hour zones should see the pair move ultimately 130 pips down the 1.82000 region before a major daily support...

nickxxix

Currently trading around a supply zone once the 4 hour candle closes as a reversal signal, my personal bias is short on this trade. all the way down to the next zone, which would be around an 80 pip trade. Wait for confirmation on 4 hour candle then rake in the pips, otherwise there is a counter bias in case the short trade does not go through. Always wait for the...

nickxxix

An Idea On Gold. As it is around a zone of supply there are two scenarios which might occur in this instance, I am expecting a long trade since on the daily chart the candles are above the 200EMA but below the 200EMA on the 4 hour chart. Wait for confirmation candle to form either above or below zone as well as a retest to confirm the trade. General momentum is...

nickxxix

FX:USDCAD is in the process of completing an Expanded Flat setup. I predict price will eliminate around the 1.236 Fibo level and the bulls shall take over towards the target level at the 1.35000 area. Also possible bullish divergence is arising as the MACD indicates a higher low while the chart shows a lower low as indicated on the chart. Happy trading.

nickxxix

Look for short in the coming week.

nickxxix

Price has clearly created a leading diagonal and has retested and rejected a major daily level (in green) creating the 1st wave, I predict price will briefly move toward the 61.8 Fibo level which sits above a major weekly level around the 108.000 price area (in orange) a 170 pip move, I believe chart will retest and reject this major weekly zone before creating an...