profitalztrading

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on EUR/USD. Recently, we have entered in strong downtrend on the weekly. Price has been creating H's and L's since. On the daily, we can see that price is in strong downtrend. Once we broke through support area, we will wait for a pullback to enter a short...

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on NZD/USD. NZDUSD came to a decision point. As you can see on the weekly, price has been in strong uptrend creating H's and L's. We had a huge rejection with long wick either, rejecting buyers. On the daily we came to a decision point, where price is coming to...

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on USD/JPY. Price has been recently creating a strong push phase to the upside while not creating almost any lows. My approach to this situation is to wait till price comes back to the support line and then will enter long on the 4h chart. 📈📉Trends: ⏳ Weekly-...

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here is my update on Gold from yesterday. As you know I was waiting for a re-test, which happened as you can see on the chart. This is a great opportunity to enter a short trade and catch some pips! If you want further analysis please visit my previous analysis linked down below. ...

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on Gold. I would like to share opportunity I found on the 4h timeframe. This is a simple break and re-test trend following strategy. Please wait for re-test before entering this trade. 📈📉Trends: ⏳ Weekly- Bearish ⌛️ Daily- Bearish 🟣 Purple zone - Weekly key...

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on NZD/CAD. This pair has been in pretty bullish trend since May 2020 creating HH's and HL's. Recently it broke the weekly structure as you can see on the weekly chart below: On the daily we can see that price is retracing back to the key level after breaking it...

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on EUR/USD. Those who saw my previous analysis of EUR/USD know, that this is a point I have been waiting for. Trend finally shifted to bullish again, broke the resistance and re-tested it. Entry was made on the 4h chart after a strong bullish candle. DXY is still...

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on EUR/NZD. Starting from the weekly timeframe, we can see that we are in strong bearish phase. You can take a look on the picture below. On the daily you can see that price broke weekly support line. What I will do is wait for a re-test of previous support line now...

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on EUR/JPY. As we can see on the weekly chart below, price is in nice and healthy uptrend, creating HH's and HL's while also staying above 50 MA. On the daily, we can see a nice break of structure. After that, a retracement from resistance occurred. This is a great...

profitalztrading Updated 

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on EUR/GBP. Here is the trade I am taking right now! Here is 4h timeframe which I executed trade on. 📈📉Trends: ⏳ Weekly- BEARISH ⌛️ Daily- BEARISH 🟣 Purple zone - Weekly key level 🔵 Blue zone - Daily key level Trade will be taken only if conditions were met....

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on EUR/USD. On the weekly timeframe, we have been in uptrend since May 2020 as you can see on the chart below. Price was creating HH and HL while also staying above 50MA. On the daily after a strong push phase to the upside correction has came and price retraced...

profitalztrading Updated 

Hello traders! Here are my thoughts on AUD/CAD. As you can see on the Weekly chart here Price has been trending up for a long period of time. On the daily, price was creating new HL and HH. Also notice how price always respected trend line. After a strong push phase correction phase came and seems like we moving up again. I will monitor how price is going...

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on EUR/CAD. Price has recently broke through the daily structure, re-tested the structure with two huge wicks signalizing rejection of buyers. This is a great opportunity to enter short trade here. 📈📉Trends: ⏳ Weekly- bearish ⌛️ Daily- bearish 🟣 Purple zone -...

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on EUR/GBP. AS we can see price has been downtrending for quite of time creating LL and LH. Now price has broke through daily support, which means that I will be looking for sells once I see that previous support ( now resistance) was re-tested. 📈📉Trends: ⏳ Weekly-...

profitalztrading

Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on CAD/CHF. This pair has been ranging for a while, as we can see on the weekly chart below. Now it seems like it has a bullish momentum while also crossing 50 MA. On the daily we can see that price has broke through the weekly resistance and re-tested it. This is a...

profitalztrading

Hello traders! Here are my thoughts on NZD/JPY. As you can see on the weekly chart, price has been strongly bullish since the 2nd of November 2020. Since that price has been creating highs with almost zero drawdowns. On the daily, we can clearly see that price broke above resistance zone, re-tested that level and is about to go up again. Here on the 4h I...

profitalztrading

Hello traders! Here are my thoughts on AUD/CHF. As we can see on the monthly TF price has been pushing to the upside since April 2020. On the weekly there is a clear break of the weekly level around 0.69200 area. On the daily we can see it more precisely. I will monitor the price and enter the trade after the re-test of the weekly structure on the 4-h...

profitalztrading

Hello traders! Here are my thoughts on NZD/CHF Price has been in strong bullish trend since the 9th of November 2020, creating HH and HL as you can see on the chart. After every push phase correction phase has came. We can now see that price got rejected off the daily structure, creating double bottom formation on the 4-h chart. Weekly outlook: Double...