HERE WE HAVE A SETUP FOR EURCHF. PRICE IS COMING TO A KEY SUPPLY/DEMAND ZONE AND PRICE ACTION IS SUGGESTING MOMENTUM FROM A BEARISH BIAS IS SLOWING DOWN, I'D LIKE TO SEE STRONG PRICE ACTION ON A 4HR TIMEFRAME OR HIGHER TO CONFIRM THE BULLS COMING BACK INTO THE MARKET AND THUS TAKING THE LONG POSITION.
GOOD EVENING, HERE IS A POTENTIAL PAN OUT FOR NATURAL GAS. CURRENTLY AT NECKLINE OF WHAT COULD BE A COMPLETED HEAD AND SHOULDERS PATTERN, RIGHT SHOULDER JUST NEEDS TO DEVELOP! PRICE IS CURRENTLY AT A KEY SUPPLY/DEMAND ZONE AND A NICE REJECTION CANDLE ON LAST DAY, EXTREMELY GOOD RR IF THIS WAS TO COME IN BUT EVEN HALF THIS TARGET WOULD BE GREAT. THE MOVE WILL MOST...
GOOD EVENING TRADERS! HERE IS MY VIEWPOINT ON BITCOIN. IN MY OPINION IT IS GOING TO COME DOWN IN THE DESCENDING CHANNEL FURTHER BEFORE A RALLY TO THE UPSIDE, I HAVE MAREKED THE KEY AREA IN A GOLDEN COLOUR AS NORMAL. OBVIOUSLY WITH CRYPTO CURRENCY IT DOESN'T ALWAYS ADHERE TO AREAS OF PREVIOUS SUPPORT/RESISTANCE AND MOVES A LOT ON VOLUME BUT IF THERE WAS AN AREA I'D...
GOOD AFTERNOON TRADERS, ITS GOOD TO BE BACK! HERE WE HAVE A POTENTIAL SELLING OPPORTUNITY ON THE UK STOCKS. THE CURRENT DAILY PRICE ACTION IS A BEARISH ENGULFING AND IF FINISHES THIS WAY WILL CONFIRM ENTRY BUT I'D STILL LIKE MORE FROM CANDLES FOR A STRONGER CONFIRMATION. IT HAS MULTIPLE CONFLUENCES FROM A TECHNICAL STANDPOINT TO BACK UP THE SELL AND ACCOMPANIED...
AFTER PREVIOUS WEEK USD WEAKNESS AND JPY STRENGTH I AM ANTICIPATING A SHORT OPPORTUNITY COMING UP ON THIS PAIR. THE PRICE IS CURRENTLY IN AN ASCENDING CHANNEL AND IN A DOWNTREND ON A WEEKLY PERSPECTIVE, I WILL BE LOOKING FOR PRICE ACTION ON 4HR/ 1D TO SHOW CONFIRMATION BEFORE ENTRY, PRICE HAS SHOWN REJECTION AT THE SAME LEVEL TWICE, I'M EXPECTING A RETEST WITH A...
USDCAD. THIS PAIR IS VERY INTERESTING AT THE MOMENT. FOLLOWING THE RECENT NEGATIVE FUNDAMENTAL NEWS RELEASED ON THE CANADIAN DOLLAR WE SAW A STRONG IMPULSIVE MOVE TO THE UPSIDE ON THIS AND ACROSS ALL PAIRS ASSOCIATED TRADING TO THE CANADIAN DOLLAR, ON THE BACK OF THIS IT HAS PUSHED THE PRICE UP TO OUR KEY AREA, PRICE IS DUE A RETRACE AND I SEE A GOOD SETUP TO DO...
GOOD EVENING TRADERS. HERE IS AN UPDATE ON THE PREVIOUSLY PUBLISHED EURUSD LONG IDEA, THE PREVIOUS TRADE TAKEN WENT 80 PIPS INTO PROFIT ( STILL 4 TO 1 RR SO I CLOSED MAJORITY OF POSITION) AND HAS NOW RETRACED BACK INTO OUR "GOLDEN ZONE" ENTRY POINT. I HAVE ADDED A FEW THINGS COMPARED TO THE PREVIOUS CHART, PLACED A NEW MID TIER SUPPLY/DEMAND ZONE AS CLEARLY THIS...
PRICE IS CURRENTLY IN A KEY SUPPLY AND DEMAND ZONE, PRICE ACTION SHOWING US SIGNS THE BULLISH MOMENTUM IS EXHAUSTING WITH INDECISION CANDLES. COULD TAKE ENTRY NOW FOR A RISKY ENTRY BUT I'D LIKE TO SEE BEARISH CANDLES TO CONFIRM THE REVERSAL, GREAT RR SETUP TOO! LET ME KNOW WHAT YOU THINK, TRADE SAFE.
I SEE A SELL OPPORTUNITY ON NZDJPY. PRICE IS CURRENTLY AT A WELL RESPECTED WEEKLY/DAILY TRENDLINE, TREND IS A CLEAR DOWNTREND AND I CAN'T SEE ANY REASON AS TO WHY IT WON'T CONTINUE. AS THEY SAY THE TREND IS YOUR FRIEND. COULD ENTER NOW FOR A RISKY ENTRY BUT AS ALWAYS I LIKE TO GET PRICE ACTION CONFIRMATION BEFORE ENTRY. GOOD LUCK!
AFTER A RECENT 500+ PIP TRADE WE HAD ON 12.11.2019, HERE IS MY PERSPECTIVE ON PLATINUM. I AM LOOKING TO TAKE ANOTHER ENTRY TO GO LONG. I HAVE BASED MY BIAS OF A WEEKLY/DAILY VIEWPOINT AS THAT IS WHAT I FIND WORKS WITH THIS PAIR. THE THREE LEVELS PLACED ARE THE MOST WELL RESPECTED RESISTANCE ZONES. PRICE IS CURRENTLY IN ONE OF THOSE LEVELS SO SHOULD SEE THE...
GOOD AFTERNOON TRADERS. WE HAVE A NICE SETUP HERE ON EURAUD WITH A GREAT RR, IF YOU LOOK TO THE LEFT SHOULDER YOU WILL SEE THE POTENTIAL FOR THE RIGHT TO MIRROR IT. STRONG CONFIRMATIONS FOR THIS TRADE SO WE WILL SEE HOW THIS PLAYS OUT. GOOD LUCK!
USDCHF IS CURRENTLY TRADING IN A CHANNEL WHICH CROSSES INTO ONE OF MY VERY WELL RESPECTED MAJOR SUPPLY AND DEMAND ZONES, THE TRADE IDEA ITSELF SHOULD BE A SMALLER TIMESCALE TRADE TO NORMAL (WITHIN A WEEK) HENCE WHY I WILL BE LOOKING FOR PRICE ACTION CONFIRMATION ON TIMESCALES RANGING FROM 1-4HR AS ON THIS TIME FRAME THE PRICE DOESN'T ALWAYS STICK AROUND FOR A...
EURUSD IN SUPPLY/DEMAND ZONE, PRICE ACTION PIN BAR ON 1 HR and DOJI/PIN BAR FORMING ON 4 HR. GREAT RR. BUY
GOOD EVENING TRADERS. HERE IS MY TAKE ON GBPUSD. ITS CLEAR TO SEE HERE WE HAVE A TRIPLE TOP THAT HAS FORMED ON THE DAILY CHART AND FROM A TECHNICAL STANDPOINT EVERYTHING IS POINTING TO A SHORT BEING MORE LIKELY. I WOULD LIKE/EXPECT TO SEE THIS PAIR COMING DOWN TO THE BLUE EMA LINE (20 EMA DYNAMIC SUPPORT) COMING BACK UP TO RE TEST THE MOST RECENT SUPPORT WE HAVE...
AFTER A RECENT WIN ON A LONG TRADE ON THIS PAIR, I BELIEVE IT IS NOW IN A SELL ZONE, AS YOU CAN SEE WE HAVE A VERY WELL RESPECTED SUPPLY/DEMAND ZONE HERE. I SEE A COMPLETED HEAD AND SHOULDERS PATTERN, ALONG WITH A GENERAL DOWNTREND ON A WEEKLY BASIS, BULLISH EXHAUSTION SEEMS TO BE OCCURRING AND PRICE ACTION SUGGESTS THAT A REVERSAL IS GOING TO HAPPEN. A INVERTED...
EURCHF COMPLETED HEAD AND SHOULDERS PATTERN FORMED ON DAILY AND 4HR, PRICE ACTION SUGGESTS AREA IS RESPECTED AND A BRILLIANT 4HR INVERTED HAMMER IS DEVELOPING ON THE 4HR CANDLE ENDING AT 6PM. 4 TO 1 RETURN FOR RISK, ENTRY AND TP DISPLAYED ON CHART. GOOD LUCK!
A GREAT BUY SETUP ON EURJPY HERE, THIS PAIR IS ON A GENERAL UPTREND ON HIGHER TIMEFRAMES AND HAS BEEN VERY IMPULSIVE TO THE UPSIDE AT THE BACK END OF LAST WEEK/EARLY THIS WEEK, WE SEE A PULLBACK AND THE PRICE ACTION HAS RESPECTED THE TRENDLINE AND THE SUPPLY AND DEMAND ZONE, GREAT RR, BUY!
AUSSIE DOLLAR HAD BAD FUNDAMENTAL NEWS LAST WEEK AND CAUSED A DRAMATIC RALLY DOWN, PRICE IS CURRENTLY IN A KEY SUPPLY/DEMAND ZONE BUT NO CONFIRMATION FOR ENTRY YET. AS YOU CAN SEE BY THE ANALYSIS TWO OPTIONS WITH THIS PAIR, PRICE ACTION WILL RESPECT CURRENT ZONE AND GO BACK UP TO RETEST PREVIOUS HIGH OR RALLYING WILL CONTINUE DOWN AND SHOULD FIND SUPPORT SOMEWHERE...