SHORT FORECASTHello Traders
As you can see on the chart we have a dominant downtrend. At the moment price currently pushing to the upside. I want to see price
respecting the red dash horizontal trend line zone once again. This will complete a double top continuation pattern. Wait for evidence of
exhaustion when price get to that zone and look for confirmations.
NB: Use your analysis to confirm the setup.
Forexasolutionsacademy
Trend Trading Hello Traders
We have a trend to the downside with a pullback and a continuation indicating bearish pressure and sentiment. Price is
currently in an exhaustion phase back to key level. I will wait for trading opportunity to surface around the 50% fib level as
it has been tested before.
NB: Use your analysis to confirm the setup.
LONG TERM BUY Hello Traders
Here is my view on ETHUSD Long Term Plan. As you can see on my chart a clear Break and Retest Structure with a momentum going up indicating momentum to the upside. I will be looking for buy opportunity only.
BTCUSD BULLISH TREND STILL HEALTHYHello Traders
BTCUSD bulls are still in total control over sellers, as you can see on my weekly chart price is still in the '' continuation phase'' it is not advisable to sell BTCUSD now rather take advantage of the small pullbacks on lower timeframe to ride with the current trend.
NASDAQ100 Still bullishHello Traders
Market sentiment is still bullish for me until the unconfirmed level is taken out but the resistance level was good entry for snipers and scalpers.
An update will follow.
EURCAD MULTI-TIME FRAME ANALYSISHello Traders
Here is my view on EURCAD.
Bulls break above the resistance. When price break resistance it becomes new support.
This area is very important to watch in the next sessions. I will be waiting for a rotation
back into this value and bullish reversal sign (price action).
AUDJPY MULTI-TIME FRAME ANALYSISHello Traders
Here is my view on AUDJPY.
After market respected my anticipation last week by respecting the dynamic support, price then
rallied to resistance.
As you can see on my chart price has gone back to the value and you can see price losing momentum
approaching this resistance. More information on the chart.
Flip support act as new resistance and 123 pattern Hello Traders
Here is my view on EURNZD.
123 pattern formed as you can see on the chart. Price then rallied to old support acting as new resistance
and formed inside bar reversal pattern at the resistance zone. I'm expecting a rotation back into the value
and you can use this short term sell as opportunity to scalp the sell targeting the new support.
WATCHING FOR BREAKOUT ABOVE THE NEW RESISTANCE ZONE.Hello Traders
Here is my view on EURAUD.
ON daily time frame price gone back to test the recent support and it has found
support again.
On my H4 chart you can see that price broke above the trend line and tested
flip support to act as new resistance. If you can monitor closely you can see
that while price going to test the resistance it was making series of minor hh
and hl. I will be looking for breakout of the resistance zone since price found
support on daily time frame.
EURCAD MULTI-TIME FRAME ANALYSISHello Traders
Here is my view on EURCAD.
Information on the chart shows a possible reversal pattern (Inverse Head and Shoulder Pattern) .
Wait price to form the right leg of the inverse H&S then look for long entry only if it satisfy your entry strategy.
EURAUD MULTI-TIME FRAME ANALYSISHello Traders
Here is my view on EURAUD.
What is the situation?
Price approach an important level that acted as resistance previously acting as
new support + perfect long wick on weekly rejecting this support.
Trade Plan : Monitor how price behave at my highlighted (Yellow) zones on the chart.
I'm interested on buying this pair not selling.
Contact:
Whatsapp:+27671795841
Telegram Username: @Forexas
USDCHF MULTI-TIME FRAME ANALSYSHello Traders
Here is my view on USDCHF.
What is the situation?
Price has gone back to old support.
Trading Plan: Wait for bullish price action to present itself or breakout before you can
jump in. At the moment price is still bearish, no bullish price action yet.
AUDNZD MULTI-TIME FRAME ANALYSISHello Traders
Here is my view on AUDNZD.
What is the situation?
A clear price flip zone with a kill zone marked. This is now a high probability area that traders could look
to take long trades on all time frames once they see bullish price action.
AUDJPY MULTI-TIME FRAME ANALYSISHello Traders
Here is my view on AUDJPY.
What is the situation?
Price has gone from acting as old support to new resistance and rejecting with
a perfect long wick + 61.8% Fib Level rejection almost a perfect setup.
Trading Plan : Apply time frame confluence, confirmation and entry.
Contact:
Whatsapp: +27671795841
Telegram Username: @Forexas
ETHUSD FAVOUR BULLSHello Traders
Here is my view on ETHUSD.
Contact:
Whatsapp: +27671795841
Telegram Username: @Forexas
XRPUSD FORECAST Hello Traders
Here is my view on XRPUSD .
What is the situation : Price break above acting resistance.
Trade Plan: I want to trade with the trend, so i will wait pullack to new support.
Contact:
Whatsapp: +27671795841
Telegram Username: @Forexas
BTCUSD FAVOUR BULLS Hello Traders
Here is my view on BTCUSD.
What is the situation:
Price is currently trading at no man's land. What is no man's land? It's where you not suppose to take trades.
When you look at my chart i have 3 flags, that's where i'm eyeing to take trades, why? It is because this are
obvious major levels, everytime price approach this levels it get exhausted.
Trade Plan: I won't be taking any trades until price get to any of the flags.
Contact Details:
Whatsapp: +27671795841
Telegram Username: @forexas
EURCAD UPDATEHello Traders
Here is my view on EURCAD.
From my previous setup i anticipated that price will complete the right shoulder of the inverse H&S before the breakout,
however price did break the Falling Wedge without completing the Inverse Head and Shoulder Pattern, which still validate
the setup.
What is the situation?
Now that price breakthrough the upper trend line of the Falling Wedge indicate bullish price action. I will wait for price
to pullback before i can consider buying this pair.
