Welcome to our weekly market Breakdown ( GBPAUD )! - 1 HOUR Bearish price action and pressure on friday. 4 HOUR Market at price consolidation and medium range of price index. DAILY Decision area, we need more confirmations for a setup. OVERALL Prices done with all possible moves, we need new confirmations and area fake outs. Expecting prices to form new...
Long term USDCAD short in case of recession. some recession alarms have been going and the outlook if it looks like this.
4H CHART EXPLANATION: On the 4H chart, we observe that price broke the channel that was against the bottom of the Major channel. Now, trying to break the Resistance Zone, we are waiting for a consolidation like a continuation pattern to place long entries here. The main target would be the Broken Daily Trendline. DAILY CHART ANALYSIS:
with price having its substantial drop this past week im assuming this pullback is a little needed for the euro pound, as you can see we have a sold support here at .89638 and are just looking for a move to .9050, simple trade simple execution Good luck my friends with your entries, please message me for further details or any help and blessed trading! :)
Guys, keep an eye on the events here. Very interesting setup. Pure Technicals Again!
Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Market slowing down after new highs been made. 4 HOUR Sideways moving market structure with several pullbacks. DAILY Market faking out a consolidation zone, buyers trap. - FOREX SETUP SELL AUDCHF ENTRY @ 0.66920 SL @ 0.67550 (65 Pips) TP @ 0.65850 (105 Pips) RR: 1.70 Use 1%-2% risk per...
4H CHART EXPLANATION: After breaking up the Resistance Zone, price started moving sideways. It has recently broke the Bottom of the range, consolidating below on a pullback to the zone and breaking it downwards. Our short term target of this movement is the Confluence Zone between the Support Zone and the Ascending Trendline. And, in case this zone is broken,...
Welcome to our weekly market Breakdown ( GBPAUD )! - 1 HOUR Sideways moving market with several pullbacks. 4 HOUR market in consolidation zone and need a break below/above this level. DAILY Bearish market with a bullish pullback and pressure. OVERALL Expecting market to drop on monday/tuesday taking out several long holders and changing direction to the...
Welcome to our weekly market Breakdown ( EURUSD )! - 1 HOUR Very bearish price action and pressure. 4 HOUR Bearish waving market structure with a very bearish closure last week. DAILY Formed longterm lows and took out all long holders with stops below cruicial levels. OVERALL Expecting prices to drop on monday and break last week lows to pump new...
1 HOUR Very strong bullish reaction on friday. 4 HOUR Bearish waving market with several pullbacks to the upside. DAILY Price overbought right now, good short entries and risk reward. OVERALL Waiting for a last push to the upside taking out several short holders with stops above previous week/consolidation zone highs and expecting prices to push back to...
Here is my Aggressive move on shorting GBPJPY... Don't forget to be defensive with your Risk Management. Always make yours trade set ups simple!!!
My BIAS for USD/CAD for this upcoming week is NEUTRAL. My reasoning behind this is -We are currently consolidating between 1.33400 & 1.31900. -We have just rejected a strong level of Daily Resistance and broke down about 50% of the current distance between our Daily Resistance and our strong 4HR Support. -We could see a break above our Daily Resistance...
Hi! Nano shows us some good trading opportunities. While Bitcoin is piling to the next highs. The altcoins seem to be looking for a good breather, on the daily chart, analyzing the RSI indicator it is possible to notice that the Nano made a low while the RSI indicates a bullish divergence. Based on this information, a reversal can be considered. In the 4hrs...
Welcome to our weekly market Breakdown (USDCAD)! 1 HOUR Sideways waving market structure. 4 HOUR Slowly rising market with several pullbacks and low pressure. DAILY Bullish market found its resistance in my opinion. OVERALL Two very likely scenarios in usdcad this week, depending on price action on monday prices should fake a breakout either to the upside...
BITFINEX:EOSUSD Good luck, and dont forget to only enter when price action permits. <3
Ascending triangle at resistance area, so expecting this to make a downwards move from the top.