on DAILY: USDMXN is retesting a strong demand zone in green so we will be looking for objective buy setups on lower timeframes. on H1: USDMXN formed an objective channel in red so we are waiting for a momentum candle close above the last swing that forms around our upper red trendline to buy. meanwhile, until the buy is activated, we would be overall bearish
Hi traders, As I told you in yesterday's video I need to see a Daily bar CLOSE below or above particular SR area for me to consider that area broken. Yesterday was a picture-perfect demonstration. SPY dropped as low as ~296, turned around, and finished the day in SOLID Green! And today it's gapping even higher with a high probability of filling the gap up to...
on DAILY: USDTRY is still trading around its all-time-high so we will be looking for objective sell setups on lower timeframes. on H1: USDTRY formed an objective channel in red and it is approaching a minor supply zone in blue so we are waiting for a momentum candle close below the last swing that forms around our lower red trendline to sell. meanwhile, until...
on WEEKLY: NZDJPY is sitting around a support zone so we will be looking for objective buy setups on lower timeframes. on M30: NZDJPY formed a trendline in red and we have a divergence on MACD, so we are waiting for a new swing to form around our upper red trendline to consider it our last swing and enter on its break upward.
on WEEKLY: GOLD is sitting around a supply zone in green so we will be looking for objective sell setups on lower timeframes. on M30: GOLD formed an objective trendline in red, so we are waiting for a momentum candle close below its last swing to sell. we also have a regular bearish divergence adding more confluence to our setup. as usual, until the sell setup...
on DAILY: USDCZK is sitting around a strong support zone so we will be looking for objective buy setups on lower timeframes. on H1: USDCZK is currently forming a wedge pattern (not valid yet) so we are waiting for a new swing to form around our upper trendline to consider it valid and then enter on its break upward. we also have a regular bullish divergence...
GBPJPY formed a four-confluences sell setup. so we are currently holding a sell. Four confluences: 1- Head and shoulders pattern 2- Divergence 3- Resistance from Daily 4- RichTL BOMB we will keep holding our sell until an objective buy setup is activated.
AUDCAD formed a valid 3 confluences setup: 1- Head and Shoulders Pattern 2- Objective Trendline (in blue) 3- Divergence on MACD (in red) our trigger would be a momentum candle close below our gray neckline.
on DAILY: GBPAUD is sitting around a support zone in green so we will be looking for objective buy setups on lower timeframes. (unless price breaks it downward aggressively) on H1: GBPAUD we are waiting for a third swing to form around our upper red trendline to consider it valid and then enter on its break upward. Meanwhile, GBPAUD would be overall bearish,...
on DAILY: EURGBP is currently sitting inside a support zone, so let's see if it will reject it or break it downward. on H4: EURGBP formed an objective head and shoulders pattern, so we are waiting for a momentum candle close below its neckline to sell. meanwhile, this pair is sitting around support and trading below our red trendline (not valid yet), so we are...
on DAILY: GBPNZD is sitting around a support zone so we will be looking for objective buy setups on lower timeframes. unless GBPNZD breaks below our support aggressively, then it would become resistance and we will be looking for objective trend-following sell setups on its retest. on M30: GBPNZD is forming an inverse head and shoulders pattern (still an idea)...
on DAILY: GBPJPY is sitting around a strong resistance in green so we will be looking for objective sell setups on lower timeframes. on M30: GBPJPY is trading inside a red channel (not valid yet) so we are waiting for a third swing to form around it for it to be objective and then enter on its break downward. we also have a regular bearish divergence adding more...
on DAILY: USDCAD is sitting inside a strong support area in orange, and almost filled the previous GAP, so we will be looking for objective buy setups on lower timeframes. on M30: Short-term: we are waiting for a new swing to form around our blue trendline to consider it valid and enter on its break upward. Long-term (conservative): we are waiting for a new...
Volume is a go price is a go APO is a go Macd is a go get ready.
on DAILY: AUDJPY is testing a resistance zone in blue so we will be looking for objective sell setups on lower timeframes. on M30: AUDJPY is trading inside our two red trendlines, but the lower trendline is not valid yet, so we are waiting for a third swing to form around it to consider it objective and enter on its break downward. we also have a regular bearish...
on DAILY: EURSGD is sitting around a resistance zone in blue so we will be looking for objective sell setups on lower timeframes. unless price breaks it upward aggressively, then a bullish movement till our next resistance in purple would be expected. on H1: this pair formed an objective trendline in red, and it is now forming a double top pattern. So we are...
on DAILY: EURSEK is sitting around a strong support and resistance zone in blue so we will be looking for objective sell setups on lower timeframes. unless price breaks it downward aggressively, then we will be looking for objective sell setups on its retest. on H4: EURSEK formed an objective channel in red, so we are waiting for an objective break above the...