


AN_88
PlusGBPNZD created a shift of structure last week with bullish momentum. Waiting to break the resistance level of 2.2700 AOI and retest it to take long trade. Good Luck!
CADJPY Currently has shifted the structure from the retracement of last week to bullish. We are expecting to break the 50EMA weekly timeframe, which act as resistance level last week and continue his bullish momentum till 108.000 level. Looking for a buy opportunity Good Luck!
4 hour timeframe shows an ascending triangle formation, with a resistance level @87.700 Zone. I am anticipating a breakout of the resistance level, pull back and then continuation to the upside. Good Luck!
The Daily timeframe shows a strong engulfing bullish candle, indicating a bullish trend in building up. at 1Hr timeframe, a bullish flag formation is creating a retracement, possibly till 50/61.8% Fib level, before breaking the flag and continue up. Let's look at these AOIs and check for a candle confirmation to take long trade. Good Luck!
EURUSD is Bullish, on the weekly and daily time frame. With RSI near the overbought region on the daily timeframe, there is a great probability that the trend perform a pull back to the support level @1.1590 zone. If the trend break the CHocH at the 4Hr timeframe (body candle not wick), then will go short till 1.1600 level. If the news this coming week are in...
Weekly time frame showed a bearish engulfing candle, creating double top formation, and at the daily timeframe, it broke the trend line of the ascending wedge, creating long big engulfing bearish candlestick, showing a strong bearish momentum. We can see a Doji candle as a rejection for the AOI @1.3460, so there is a big probability that the trend will continue...
The Weekly and Daily timeframe are bullish. At 4Hr timeframe, the trend created a higher high and lower high and now heading to a new higher high. The trend might retrace to the BOS 4H before going long. Lets keep an eye on it. Good Luck!
The trend is clear uptrend, based on the weekly and daily time frame. At the 4 Hr time frame, we have RSI overbought, so we might see a retracement for the trend before its continuation to the upside. The retracement scenarios are as follows: 1- Retrace to the BOS, coincide with the 50%/61.8% Fib level 2- Retrace at one of the FVG created at the uptrend push...
We are still in the bearish channel, with a H&S formation at the 4Hr timeframe. It might retest the neckline @0.5280 AOI before continue its downtrend. Waiting for a price action at the AOI to sell Good Luck!
Potential H&S formation completed on the daily time frame Waiting to retest the AOI @ 1.0800 to go short
Daily time frame broke the descending channel, giving a possibility of bullish trend formation. Awaiting for Retesting the AOI @ 1.9000 Psychological level with a bullish confirmation candlestick/pattern in order to take long, target @1.9500
The trend at 4Hr timeframe is starting to shape as an inverted holder (Inverted cup formation completed). In addition, on the daily time frame, it shows inverted head and shoulder pattern that I described in my previous post. Need to keep an eye on the trend pattern , if it breaks below 2.0700 phycological level, the trend will shift to bearish targeting 2.0500...
At 4Hr timeframe, the trend break the ascending channel and retesting it @0.4900 AOI. There is a possible valid order block @0.4920 area that the trend is heading to it. if the is any reaction with bearish candlestick pattern within the order block, then the trend will continue bearish. First target would be 0.4800. Good Luck!
Bearish Channel on the 4Hr timeframe, retracing to the AOI zone @0.5300, possible of testing the Fair Value Gap (liquidity grab) before it continue to the downtrend. Let's see in the NY session what will happen! Good Luck
Perfectly inverted H&S formation on the daily time frame. It will retest the AOI neckline zone @ 0.8450 phycological level and look for long entry.
Potential Formation for H&S pattern on the Daily time Frame Waiting to break the AOI @ 2.100,to go long
Daily time frame bearish Waiting to break 0.8800 support zone to go short