Hello Traders ✔EUR/AUD Is Bearish and has still proven to be totally BEARISH ✔Price Is Respecting Broken trendlines leading to the downside ✔Strong Support zone needs to be broken for confirmation ✔RSI is in the bears position and is pushing towards the downside 1900 PIP Analysis
Good morning traders, today we bring you our analysis of the GBP/USD pair, since we consider that it is performing an important behavior. 🔸As we can see, the price is in a marked uptrend, where we can draw an Ascending Channel. 🔸Last week, the price made a bearish break in the trendline, but the bearish movement was not confirmed and did not continue. 🔸Now,...
The Market is pulling back and might be trying to put in a bottom, this week I expect the market to by choppy. This is the Relative Strength Edition of Stocks to Watch. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all...
In this setup, we see what may be termed as a break out from a channel to form a larger expanding flag to the downside. We'll take advantage of the 'patterns inside of patterns' to highlight short opportunities on this pair. Set your pending orders below and stop loss as per your strategy. I'm taking on short opportunities on the GBP pairs for this week. Comment,...
We can see in the graph how there is a strong support around 0.44 that works as a strong consolidation. We can also see how it topped the historical trend line bouncing with a healthy rise. If it falls back to the resistance of 0.44, do not panic because we will have more setup to buy for a new rise unless it breaks the resistance by moving it down. Trade safe If...
Good morning traders, today we bring you our mid-long-term analysis in the USD/CAD pair, since we consider that there may be a very good buying opportunity. 🔸To carry out this analysis, we will start from a Support zone that we can see in the Weekly chart. 🔸We see that the price is making a bounce there, so we reduce the timeframe a bit towards the daily...
Good morning traders, today we bring you our mid-term analysis on the NZD/USD pair, as we consider that it has bearish potential at least for the next few weeks. 🔸First of all, we must clarify that the main price trend is still bullish, since the succession of increasing highs and lows is intact, and the current movement for the moment is only a...
WAIT FOR A TRENDLINE BREAKOUT FOR ANY FROM THE SELLERS OR BUY BEFORE YOU TAKE ANY DECISION
DXY is set to continue getting stronger, gold seems to be getting weaker. This is bad news for the the Aussie Dollar. There's a head and shoulders structure formed on the daily with the neckline formed roughly around 0.76. Last night, we broke the 0.786 level that was previously a 4 touch support. This is a perfect place to short due to: Strength of the...
Following on from my previous idea, the FTSE has continued to show strength at this level of support. A triple bottom has formed at what looks like the bottom of the cup in a cup and handle pattern. If FTSE traders were bearish, the drop from the rising wedge would've been steeper. The news around the vaccine spat with the EU would've also likely caused a...
Good morning traders, today we bring you our bullish setup in the EUR/NZD pair along with its long-term analysis. 🔸As we see in the 4H chart, the price is in a great consolidation at the edge of the bearish channel. 🔸Regarding the corrective pattern, it is a clear A-B-C pattern, which we can now consider finished. 🔸If we draw the trendline of the corrective...
Quick intraday play. Swisse is rangebound and currently at support. DXY has pulled back currently but looks to get stronger over the coming days. Confluence: Strong trendline + fib to act as support Breached lower BB See chart for entry and exits. Exiting at previous day close, stop below thrust candle/trendline. Happy trading:) follow for more.
Hello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
Accum/Dist stills in its ATL zone.
Good morning traders, today we bring you an interesting event that we detected in the GBP/JPY pair. 🔸First of all, we must clarify that this pair has been in a great uptrend for several months, without any correction along the way. A vertical rise. 🔸A few hours ago, the price faced against the top of the bullish channel. 🔸We were expecting a reversal a little...
SWING TRADING JOURNAL I'm bullish for AUDCHF and this is my plan I will; BUY AUDCHF somewhere around 61.8 FIB (try to buy lower as possible) SL below RED LINE Final TP at Blue Box Manage this trade with your trading style, maybe you want to; 1. Close your position early (at 1R, 2R or any profit level) 2. Move your SL to break even 3. Scale out 4. Trailing...
GOLD has formed a bullish trade channel in a pullback on higher time frames. 1780 is in view in the next bullish string.