resistant shown by white line ... we will have us consumer confidence report in few hours so it is a good opportunity, if u wanna risk u can go but i recomend wait for news confirmation and then the risk would be lower ... good luck !
Good morning traders. Today we bring you the analysis of a pair that we consider interesting for the medium term. This is EUR / GBP. 🔸What we can see in the daily timeframe is that, in September, the price was rejected in the resistance zone, and slowly generated a bearish movement that broke the bullish channel. 🔸That breakout was somewhat tempting to take a...
As we can see the trend is bearish, meaning the price is under the ema200 and when it goes up a little it falls after that. the price could possibly go to the blue box zone. recommended : short.
Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: EURCAD is sitting around a strong resistance so we will be looking for sell setups on lower timeframes. on H1: EURCAD formed a valid trendline in red. Trigger: Waiting for a momentum candle close below the gray area to sell. NB: Until the sell is activated, this...
Do you need a hand with your trading? Drop me a message. Let's get you where you need to be before next week. We have a lovely little structure here that we seem to be respecting. Also, we have broken out of this bullish trend we had running. If we get a little pull back up next week we'll be looking at getting in a nice sell position something similar to what I...
Good morning traders! 🔸Today we are analyzing the GBP / USD chart looking for a bearish opportunity for the medium to long term. Why a bearish position? 🔸In the weekly chart, we can see that the price is facing a solid resistance zone. There were five interesting rejections in this same area in the last two years, generating a bearish movement after the...
NZDJPY is trading within a major bullish channel. It's reached it's resistance of the channel where I'll short from. BREAKOUT + CONFIRMATION
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for EURCHF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Good morning traders! 🔸Today we find an evident breakout in the Resistance zone in the NZD / CAD pair. The current price is the highest level that has been reached this year. 🔸The scenario that this pair is presenting may offer an excellent opportunity for a medium-term bullish trade. 🔸After the current Resistance level (0.90500), the price has a clear path to...
EURJPY reached 50% fib lev after a retracement in wedge formation, waiting for a break to the upside to go long
Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: GBPJPY is sitting around a strong resistance in blue so we will be looking for sell setups on lower timeframes. on H1: GBPJPY formed a valid channel in red and RichBomb (orange diamonds) Trigger: Waiting for a momentum candle close below the gray area to sell. NB:...
Good morning traders! We want to share how we carry out a complete top and bottom analysis to look for an opportunity to enter a trade. Step number one is to go to a high timeframe. In this case, we begin by analyzing the Weekly Chart. 🔸What do we observe here? 🔸The first thing we see is that the price is in a bearish channel since 2014. Every time the price...
AUDUSD nice short with good RRR and confluence at daily resistance, double top formation with divergence
NZDUSD at weakly resistance, double top formation and nice shorting opportunity
EURUSD H4 - USD on the backfoot yet once again, DXY analysis to follow. EUR seeing gains as you'd expect off the back of existing risk sentiment. Following each zone as they come and looking for respective confirmations/rejections.