AUD/NZD - 09/11/2020Main pair on the watch list for the day, been using the daily timeframe too look for this longer term lower high. Looking at a potential head & shoulders pattern on the hourly timeframe.
Vifx
AUD/JPY - 04/11/2020Strong hold of resistance with multiple wick rejections. We are approaching a level where price may react strongly too. Will be looking for entries on the H1 timeframe.
NZD/CAD - 03/11/2020Set up lining up nicely. Price has started to react around the level marked (bottom blue zone). Looking for continuation of bullish momentum.
AUD/NZD - 29/10/2020Yesterdays analysis played out as expected however, I failed to be triggered into the trade. To be a good and consistent trader you must remain 100% transparent in your approach. It's easy to let emotions slip when trades are missed or when losses happen. We need to remember we play a game of probabilities and percentages.
Was my analysis correct? Yes, it was.
Did I get triggered into the trade? No, but I know off back testing that majority of the time price will always come back to retest and we must stick on the side where the highest probabilities are showing.
Have a fantastic week traders!
AUD/NZD - 28/10/2020Good hold of support becoming resistance after price broke the previous double bottom. Structure looks pretty perfect.
USD/CAD - 22/10/2020Momentum shifting to the downside. Seeing a good hold which is starting to reject from a previous structural low. Looking for continued bearish momentum.
CHF/JPY - 22/10/2020Looking for a hold on this retest of consolidation for continued bullish momemntum.
GBP/CHF - 22/10/2020Sell Limit has been set for the resistance hold. Levels have been provided.
If you are going to use this analysis to put your own funds on be sure to use proper risk management and tailor it to your own trading plan. Do not risk more than normal as I could still be wrong.
EUR/NZD - 21/10/2020Strong bullish indicator presenting for EUR/NZD. Now price has created a new high showing signs of continuation, I will be waiting for the pullback to before looking for entries.
EUR/GBP - 21/10/2020Trendline break & retest around 50% fib level. I have marked a zone that I believe price should hold strong at look at entries. H4 closes in 46 minutes.
GBP/CHF - 20/10/2020First position of the week has been taken using this beautiful break and retest. Currently running risk free with 50% partials taken off. Leaving the rest to run.
CHF/JPY - 15/10/2020Momentum starting to shift into the longer term bearish trend with this break lower on structure. Put this pair on your watchlist now! Will look perfect for entries this week and next week.
NZD/CAD - 14/10/2020Stopped at breakeven on previous pair. Looking for re entries on this double top formation.
EUR/GBP - 13/10/2020EUR/GBP (H4) - After consolidating since the 28/09 we seem to have finally broke out the consolidation zone. I was expecting a more impressing break so a rally back into the zone before properly breaking out may be in the cards.
USD/CHF - 12/10/2020Another short pair. Price seems to be stalling which may indicate that this is the lower low being formed. I will be waiting for an pullback and a depletion in price before moving to the hourly.
USD/JPY - 12/10/2020Price seems to be topping out and we may potentially reverse. I have highlighted a trendline break and will be waiting for the momentum shift before moving forward with this analysis.
Once the new lower low has been created we will be able to trap the range and look for the exhaustion.
NZD/CAD - 12/10/2020Support has been broken that has created a new lower low to continue this bearish momentum. I am using the retest of support break to look for potential entries which is slowly adding up on the hourly timeframe.
EUR/JPY - 07/10/2020Good morning traders,
EUR/JPY has just broken resistance and created a new higher high. We are now in a bullish phase of the market and will be looking for buys. Price seems to have created the next higher low to continue this bullish sequence.
