H4
NZDUSD DUO DIRECTIONAL SETUP! (BULL VS BEAR!)Good day traders, first of all I would like to apologize for not uploading any analysis for the past few days due to real life commitment which is to handle my team and my family. However, we are back to another one of the most traded currency pairing of all time, NZDUSD.
NZDUSD has been very bullish for the past few weeks. Price has been bullish since broke above the daily downtrend. As of now, bull has been fighting with the bear due to the fact that covid19 fear has re-immerse around the globe. Therefore, safe haven currency such as USD has been favorable for the past few days.
We believe that a break of H4 uptrend (as shown) will expose the price to 0.6493 (as indicated with arrow), while failing to break the minor uptrend would push the price to 0.6640.
Therefore, I would suggest all traders to wait for either a break below of the uptrend or a break above 0.6594 so to go for either buy or sell.
Happy trading, traders! Remember to always control your risk properly and it's always you versus yourself, not you versus the market.
NZDUSD - H4i expect a short setup :
trigger : "1.65000"
TP1 : "1.64000"
TP2 : "1.62500_1.6300" (Demand Zone)
as you see about this price "1.62500_0.63000" we have a Demand Zone and i expect a long setup :
trigger: about demand zone
TP : "1.67500_1.68000" (Supply Zone)
I would be happy to know your opinion
if you agree with this analysis, like and share it!
USDCAD Multiple Time Frame Analysis and Trade IDEASUSDCAD Multiple Time Frame Analysis and Trade IDEAS
Daily or Swing Trading Opportunity: Time Frame D1 or 12Hr Chart
The daily chart is showing a completed ABC zigzag pullback. I like to call this the PC pattern
We have opportunity both on the D1 chart to take the Next Wave 5 Down within this Wave 3 down
Also there is a potential opportunity for he Intra-Day traders.
Intrad-Day or Day Trading Idea: Time Frame H1 or M15
There is a potential setup that can be taken on the H1 or the M15 chart tomorrow at Frankfurt Open.
GBPCAD Buy H4 & D time frames it has retraced back to 0.618 level and we are expecting a huge reverse on the trend
we can see MACD divergence in lower time frame which initiates the actual move
the reverse shall continue to minimum if 100 level of Fibonacci extension from this current position
or else if the price falls we may witness a complete trend change
GOLD TECHNICAL ANALYSIS H4An order block is created after a long and strong trend. The order block then looks like a market top or bottom. ... Price should not stay too long in a range during the creation of the order block.
"TRADE WHAT YOU, NOT WHAT YOU THINK"
THIS IS NOT A SIGNAL, THIS IS FOR EDUCATIONAL PURPOSE ONLY.
Disclaimer: Trade What u see Not What u Think.
1.Always Put a Stop lose
2.Afford what can lose
3.Always Protect ur Capital
4.Risk Management
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ETH is likely to fall after BTC false breakoutETH is likely to fall down before testing the resistance again after BTC false breakout.
BTCUSDT H4 Technical analysisBTC reached a strong resistance.
1 - Possibility for BTC to go bearish before finding support between 9343 and 9323
Possibility 1 : Support between 9343 and 9323 range holds the price then it goes back up to test trend resistance.
Possibility 2 : Support between 9343 and 9323 fails to hold the price. The price will likely fall down to trend support line.