Fxtrader
NZDCAD: Our Confirmation Finally 🇳🇿🇨🇦
As you remember, traders, we were monitoring NZDCAD last week.
We were patiently waiting for a neckline breakout of a double top on 4H.
It's finally broken now and we already opened a short position with my VIP members.
I expect a bearish move now to 0.7959
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EURCAD 4H SwingEURCAD is about to start a new Bullish Trend that will provide around a 1:20 if the setup comes. I have the 15min shown here. As divergence forms, I will enter market with buy orders and swing it all the way up. We are sitting inside a Daily Supply Zone from years ago, this will be insane.
AUDUSD: Your Trading Plan For Today 🇦🇺🇺🇸
Hey traders,
AUDUSD is currently trading within a peculiar zone of confluence:
we see a perfect match between a recently broken horizontal supply area and a falling trend line.
I expect a bearish accumulation within the underlined area.
Your confirmation to short will be a double top formation on 1H time frame.
0.6844 - 0.6854 is its neckline.
Wait for its bearish breakout (you need an hourly candle close below),
then sell on a retest.
Target will be 0.677
Stop will be 0.69
If the price breaks a yellow zone to the upside, the setup will be invalid.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDUSD: Key Levels to Watch 🇳🇿🇺🇸
Hey traders,
Here is my latest structure analysis for NZDUSD pair on a weekly time frame.
Support 1: 0.614 - 0.6205 area
Support 2: Falling trend line linking lower lows
Support 3: 0.591 - 0.593 area
Support 4: 0.547 - 0.55 area
Resistance 1: 0.654 - 0.658 area
Resistance 2: Falling trend line linking lower highs
Consider these key levels for pullback/breakout trading.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDUSD: Very Bearish Setup 🇳🇿🇺🇸
We shorted NZDUSD with my students this morning.
Reason: the pair formed a cute double top after a pullback in a strong bearish trend.
Now we expect a retest of a current low - 0.6208
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
USDCAD: Key Levels to Watch This Week 🇺🇸🇨🇦
Hey traders,
Here are major key levels for you to watch on USDCAD this week.
Resistance 1: 1.2659 - 1.277 area
Resistance 2: 1.28845 - 1.29 area
Support 1: 1.24037 - 1.24792 area
Support 2: 1.22875 - 1.232 area
Let the price reach one of the key levels and then look for trading opportunities there.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
USDCAD 4H LongUSDCAD has been on a tear recently, and technicals are telling me its about time for a reversal to occur. The 4H is currently inside a small Demand Zone and RSI is forming a very nice Divergence. Im waiting for the close of the 4H candle before going in, but i do believe we should see a small bull run for a few days. Stop losses should be right below the zone and target will be at the above Supply Zone. Let's get it.
AUDCAD - IN THE BUY ZONE!!FX:AUDCAD is sitting in the Buy Zone.
We have a real nice AB=CD GArtley down to 0.9300. Below 0.9280 and this pattern is wrong but it has an upside profit objective @ 0.9630 which would complete a 3 Drive pattern going into the 4th of May if time and price are right.
Simple but effective. Small risk big reward. 👍👍
Enjoy the week.
As always post your thoughts and ideas..