This is my thoughts for this pair right now! Lets see how the week starts! We already took one short before this last fall, I will look an opportunity to re-enter here as i believe price may reach 118.50 ! I'm hoping to see some pullback before breaking 120.00 support level! For now we wait! Leave your opinion in the comments!! Or join me on telegram!! t.me/tradingbayfx
In for a sell here! Hopefully we can get 50pips or more out of this one! We have breakout of major down-trend and breakout of up-trend! In the dashed lines marked in orange we have a second possible channel formation! What do you think?? Let me know in the comments!! Also, dont forget to join me on telegram for more analysis !! t.me/tradingbayfx
Clear formation, in for a sell here ! Looking for continuation! Any opnions on this one?? What do you think??
So, price looks good for selling and re-entering its old down-trend! Right now testing a support/resistance zone! In for a sell!! What do you think??
Going here for one more short! Nice break of pattern followed by re-test, matching with 61.8% fib! Care to comment? What you think?? Join me on telegram!! Lets chat! t.me/tradingbayfx
Another fake breakout as i see it! Price right now re-testing the supportive trend line and matches perfectly with support/resistance zone! This could give 100pips easy! What do you think? Leave a comment!
We've been here not long ago! NZD economic data shows strenght so i'll be entering with a smaller lot ! 40pips SL! Lets goo Care to comment?? Let me know what you think!!
Another analysis of the weekend that got messed up by the market opening gap! Still managed to do some pips aswell, and looking for some more! In lower timeframes we will be looking for opportunities to enter sell! As long as price stays below 71.30, this setup is a good to go! What do you think?? Leave a comment!!
possible inverted H&S is still in play but i believe its harder now! We had a false breakout and now all i can do is wait for price action to re-test the major down trend or wait for price to decide if its going even more down! A daily close below 0.6480 could make price go to 0.6430 and maybe more! For now we wait! What do you think?? Join the group chat so we...
This was my analysis over the weekend, it was looking pretty interesting but market opened with tha huge gap to the down side! I managed to enter and make some pips! Now i'm looking for some pull back to 83.00 zone to find some more sell opportunities! What do you think?? Join me on Telegram!! t.me/tradingbayfx
Clear trend channel since Dec'19! In lower timeframe we can see a possible H&S formation in the last higher high! Price in support/resistance zone! Waiting for candlle closure below 1.9930 would be great to short!! Keep waiting What do you think??? Lave a comment!! Let me know your opinion about this one!!
We have major down trend breakout and re-test making it look good to go long! But we also have a break and re-test of the short term up-trend that formed Aug'18 ! waiting for some price action to go short here! If price manages to go up above 109.70, this setup is invalid and i'll look for long entries! Whats your opinion?? Leave a comment
Price is still consolidating as i see it! And next move down could come any time soon! Later todar we have NZD CPI and that could trigger the so waited down movement! Right now price is respecting this zone with a megaphone pattern ! Entering short here with 40pips SL ! What do you think?? Care to comment? join me on telegram so we can discuss other analysis...
Since last analysis on this pair, price has come down below the short term up-trend, made a H&S pattern and got back inside the major down-trend that dates back to sept '18! Looking for opportunities to sell here! Around 1.1090 and 1.1110.. Whats your opinion?? Leave a comment!! Also, if you enjoy my analysis or want to talk about other pairs, join my...
My view over this pair! Already looking for entries long here, we saw the breakout in previous weeks and now price is sitting near 0.6600, could go down a little more maybe to 0.6550! I'm in with small position, waiting for more price action to add more positions! What do you think?? Leave a comment!
Price touched recently our major down trend dated back to march '18! Since october, price been consolidation near 0.9120 forming a short-term up trend! I the begining of the month we saw this trendline breakout and after that price did re-test it once and now its re-testing again! Matching perfectly with 0.618 fib lvl ! Entering with 40pips SL on this one! What...
So, EURGBP is looking interesting for both long and short, we have a possible 5th wave happening that could send price down below 0.8270 making a new lower low! On the other hand, we have a down trend-line that price broke out 10 days ago and is now re-testing the line! In lower time-frames we can match this re-test with a support-resistance zone! Right now, i'm...
After trend confirmation and 100pips done on this pair, price retraced and got rejected at 0.382 fib ! This lvl is matching with a re-test of our short-term trendline! I'm in for a Buy, small SL and lets go! Any opinions? Leave a comment !