Arco-ir

Arco-ir

By looking at price action we can understood that the chart made a spike, channel , trading range. Perhaps it's a sing of bearish trend weakens; because it's show that the trend legs are not as strong as before and sellers cannot maintain the strength of bearish trend. Also the DXY has weakness in both the number of candles and the slope of the trend. ...

Arco-ir Updated 

the EURUSD had a bearish trend but can revers because : 🔹 legs : it's visible to see that the leg 3 it's weaker than last two legs and have less slope .it's can be sing of trend weakness. 🔹daily time frames' support level : the price close to support level so it's an other reason for reverse trend. 🔹last candle of trend : this candle is a big and strong candle,...

Arco-ir

EURAUD is in a bearish trend but it can be bullish because : - it is close to weekly time frames support zone. and also it's close to channel line of daily time frame ; and trend can revers at this support level. - if we check the legs of trend we'd noticed that the power of the bearish trend is decreasing. - in the weekly time frame we had a bullish trend and...

Arco-ir

USDJPY had a strong bearish trend it can continue this. we can see the lower heights clear its reveal that the bearish trend is still powerful. also on the daily time frame, we can see the sings of the power of the bearish trend. its broken the trend line whit a strong candle. and i think this trend can have an other leg. when i will open a sell...

Arco-ir

DXY was in a trading range now its brake that and pulled back. also its brake the trend line, its a grate setup. also we have a fundamental confirmation too. when the CB Consumer Confidence news was good for Dollar we just saw a bullish candle in 5M. However we see bearish candles later. its show us the weakness of dollar. - how much it can move...

Arco-ir Updated 

NZDUSD is in a trading range now the price in on the mid line of trading range. considering the bull momentum it can break this level. also the DXY chart show us the bearish trend. its broken the mid line of trading range and its can reach 102 level. when i will trade ? when its broke the mid line whit a candle and the candle must closed higher than mid...

Arco-ir Updated 

USDCHF is in a trading range the resistance level of trading range is 0.8592-0.8620. why here is a resistance ? -because its first try to revers trend after bearish trend. the buyers on this level bought USDCHF but now they are at loss so in this level they will sell to compensate for the loss. -also here is a TP for buyers that they bought on 0.844. and you...

Arco-ir Updated 

USDJPY had a bearish trend. and now its force decreased it can make a trading range or a bearish channel. anyway its can revers from trend line or 150-151 resistance level. also it can revers between them. and the DXY chart is interesting. there was no news during these candles and it was not in a high volume session either. so i think it can have some...

Arco-ir Updated 

EURUSD is in a trading range now but i think its can brake up this. because : 1. higher heights 2. 3 hunt to the resistance level 3. weakness of dollar here is DXY chart . you see that the DXY is in the trading range for 7 days. the trading range can revers the trend. and you see the shadows of candles in 104 price. and the 4 hunts to the support level...

Arco-ir

EURUSD is in a trading range. its has important situation. and we must consider its reaction to the 1.083 price. i have tow scenarios : - its can break up the 1.083 and then it can reach the price of 1.086-1.087. - its can beak down 1.080-1.079 and then it can reach 1.076 and even 1.072. Actually i think the bullish trend can happen. here is a bigger picture...

Arco-ir

GBPUSD is on the support level of trading range the 1.2884 - 1.2877 level revers price for 2 times. its can revers the price again, usually the support and resistance revers price for 3 times. and the DXY chart show the bullish trend. its had 3 string hunt whit the support level. also you can see lower lows and lower heights. so we can conclude that the...

Arco-ir

GBPUSD is on the support level of trading range the 1.2884 - 1.2877 level revers price for 2 times. its can revers the price again, usually the support and resistance revers price for 3 times. and the DXY chart show the bullish trend. its had 3 string hunt whit the support level. also you can see lower lows and lower heights. so we can conclude that the...

Arco-ir

USDCHF in a bullish channel now. but its broke that and now the bearish trend can start. something that makes me doubt is that the price just hit channel line 2 times. and usually the channel lines can reversal price 3 time. so its show that this scenario is risky. but i understand some reasons that show that the bearish trend can start : 1. the lower heights...

Arco-ir

EURUSD is in the trading range now. Before this trading range its had a bearish trend. i think its can continue. for this reasons : 1.its have lower lows. and lower heights. 2.its had 3 strong hunt whit support level. 3.its had bearish trend before trading range. but this scenario is risky, always brake scenarios was risky. Its just my personal comment...

Arco-ir

the USDJPY is in a bearish channel. its touched the channel line and it can fall more. i think its will touch 155.78-155.434 price. but DXY didn't confirm that. because the DXY trend is vague. but i think the bearish scenarios is stronger. anyway trade is risky now i suggest wait for tiger . Its just my personal comment please don't trade whit this. ...

Arco-ir

GBPUSD was in the bullish channel and now its broken that and its on a supportive level. According to my last idea, i said if its hunt the channel sooner that we expected its show the bearish trend power. Then the bullish channel broke. but now the price on a supportive level and i think the trend can reversal. also the DXY confirm that because its in a...

Arco-ir

GBPUSD is in a bullish channel. its have 2 hunts to this channel lines. i think normal time for third hunt is at next 22 bars in 1.29840 price. now if its hunt sooner its show that the power of bearish trend increasing. and if its hunt later show that the bullish trend power is increasing. why do i thinks so ? because i compare that whit its last hunt. also...

Arco-ir

USDJPY its in the trading range now. But its had 3 strong hunt to the support of the trading range. so the support level is weak now and i think it can be broken. also the DXY has similar condition whit USDJPY. its show the Dollar has weakened. Anyway the breakout scenarios always was risky. and i think this scenario can win 50%. Its just my personal...