EURJPY waiting for the buy setup to formon DAILY: EURJPY is approaching a demand zone and retesting our brown trendline so we will be looking for objective buy setups on lower timeframes.
on M30: EURJPY is forming a trendline in red (not valid yet) so we are waiting for a third swing to form around it to consider it valid and then enter on its break upward.
meanwhile, until the buy setup is activated, we would be overall bearish on EURJPY
Buy
GBPNZD waiting for a trigger to buyon DAILY: GBPNZD is sitting around a support/resistance zone in blue so we will be looking for objective buy setups on lower timeframes.
on H1: GBPNZD formed an objective channel in red, so we are waiting for a momentum candle close above its last swing to buy this one short-term.
Moreover, we have a bullish regular divergence on MACD adding more confluence to our buy setup.
Meanwhile, as long as our buy is not activated, we would be overall bearish on GBPNZD
AUDCHF waiting for our trigger to buyon H4: AUDCHF is overall bullish and now approaching our lower blue trendline so we will be looking for objective trend-following buy setups on lower timeframes.
on M30: AUDCHF is forming a trendline in red so we are waiting for a new swing to form around it to consider it valid and then enter on its break upward.
Moreover, we have a regular bullish divergence on MACD adding more confluence to our setup.
NZDJPY waiting for a trigger to buyon 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.
AUDNZD waiting for the neckline break to buyon DAILY: AUDNZD is sitting around a support zone so we will be looking for objective buy setups on lower timeframes.
on M30: AUDNZD formed an inverse head and shoulders pattern, so we are waiting for a momentum candle close above its neckline to buy.
we also have a divergence on MACD adding more confluence to our setup.
GBPAUD waiting for confirmation to buyon 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, until the buy setup is activated.
USDNOK is taking the last breath before the uptrend startson DAILY: USDNOK is approaching a demand area in red so we will be looking for objective buy setups on lower timeframes.
on M30: USDNOK is trading inside an objective channel in orange so we are waiting for a momentum candle close above the last swing that forms around our upper orange trendline to buy this pair.
we also have a regular bullish divergence on MACD adding more confluence to our buy setup.
meanwhile, until the buy setup is activated, USDNOK would be overall bearish.
EURSEK strong rejection is expectedon 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 last swing that forms around our upper red trendline to buy this pair.
on M30: EURSEK also formed an inverse head and shoulders pattern, so we are waiting for a momentum candle close above our neckline to buy. (conservative traders should wait for the buy from H4)
BITCOIN - my thoughtsMy thoughts on btc.
I'm crazy tired. In the last couple of weeks/months working overtime all week. Got a new girlfriend, but still analyizing the markets.
Wanted to make this video quite some time ago, but didn't manage to find the time.
Thanks to everybody watching it.
Health is more important than wealth.
IOTA on the way to increase for 100% IOTA might perform very strong in upcoming days, weeks... but as you can see we explained you short term analysis for this smart cryptocurrency. So on, Iota have already gave us signs to entering position in buy. Previous week volume and broken resistance tell us bullish performance and sellers failure.
Because we didn't broke last supply, we still have to, even if we've already entered buy move. After breaking through supply spot, we can expect next target;
T1 is at 32 cents
T2 is at 40 cents
T3 is at 44 - 47 cents (100% and more)
We are looking very closely for this 100% move, but do not forget about ''supply spot'', Target 1 and Target 2 .
Hope you followed also NEO analysis from previous week. Price broke thorugh our First target very strong and is headed to higher targets
Video explained by Martin Mohar,
Presented by Elitefxacademy
USDHKD potential bullish reversalon DAILY: price is sitting around a strong support and demand area so we will be looking for objective buy setups on lower timeframes.
on H4: price formed an inverse head and shoulders pattern, and we will be waiting for a momentum candle close above our neckline in gray to buy USDHKD long-term
EURSEK potential bullish reversalon WEEKLY: EURSEK is overall bullish making higher highs and higher lows, and it is currently sitting around our lower blue trendline so we will be looking for objective buy setups on lower timeframes.
on H1: price formed an objective wedge pattern in red, so we are waiting for a momentum candle close above its last swing standing to buy.
we also have divergence on MACD adding more confluence to our setup.
GBPCHF top-down analysison DAILY: GBPCHF is sitting around a strong support zone in red so we will be looking for objective buy setups on lower timeframes.
Unless price breaks aggressively below our red zone, then a bearish movement till the all-time-low would be expected.
on H1: price formed an objective trendline in blue, and we have an inverse head and shoulders forming. we are waiting for the right shoulder to form and then buy after a candle close above our neckline.
or we are waiting for an objective break above our blue trendline to buy.
we also have divergence on MACD adding more confluence to our buy setup.
meanwhile, this pair is overall bearish.
GBPCAD top-down analysison DAILY: this pair is approaching a strong support/resistance zone and round level 1.70 (in orange) so we will be looking for objective buy setups on lower timeframes.
Unless price breaks it downward aggressively, then a movement till our next support in purple would be expected.
on M30: price formed a double bottom pattern and an objective trendline in blue, so we are waiting for momentum candle close above our neckline to buy GBPCAD.
we also have divergence on MACD adding more confluence to our setup.
BRENT OIL UPDATEAs expected, price is retesting our previous resistance in red.
Price didn't break below our double top neckline, so we didn't sell.
then price broke above our upper blue trendline objectively, and we will keep holding our buy until as long as price is trading above our orange trendline. (or until an objective sell setup is activated)
XAUUSD short - Detailed Analysis, Supply Demand, Triangle(Video)Hello Traders!
I decided to do a video analysis for GOLD. So check it out. I made a very detailed analysis and I also explained the last couple of days. I hope you will enjoy it.
#1 general information about gold
#2 bigger picture -> bullish market
#3 Corona Virus - Fundamental Analysis
#4 Double Top
#5 Combination Supply Demand with Patterns
#6 Analysis from yesterday
#7 Triangle Pattern
#8 Supply Demand Analysis
#9 h4 Supply Zone from yesterday explanation
#10 Price Action Explanation
#11 Strategies how to deal with in a S&D Zones
#12 Traffic in S&D
#13 Expectation
#14 Trade with the Trend
#15 Scenarios
#16 Sorry I mean Support not Resistance in the video haha
#17 Questions
How do you trade Gold? Do you use Supply Demand, Patterns, Fundamentals? Write it down.
Thank you and we will see next time
- Darius.