Potential sell opportunity if we can get some clear price action to support this, I would be looking for price to fall below my sell level. At the moment price is at a strong weekly zone we can expect some sort of pull back which would support my idea. I would be grateful for any comment and thoughts you may have. Please feel free to comment and I will respond to all.
Another gift from me to you :) As we can see on GBPNOK from a weekly point of view we have formed an over extended M formation - as we know when we get a pattern like this we have a high probability of a pullback to neck line - highlighted by the blue line Looking on the daily we can see price is starting some bullish action, we have broken some daily...
Good afternoon guys and girl, hope your all well. Just a little update on USDCAD , I am still looking for a possible long trade on this pair, if I can get all my rules satisfied Looking on the weekly Chart You can see we have had a M formation pattern form, as you know from an M formation we expect the price to come test the neck line - highlighted with...
CADCHF We can on the daily we have an over extended M formation - as I have told you on many occasions of this pattern we can expect a pullback to neckline - Highlighted with the blue line We will be monitoring price action on the 4H chart to see if we can get a entry on a long with a good risk to reward
Hi traders and welcome I have went short on CHFJPY as you can see on the weekly and daily we have had this impulse move to the upside, i am predicting the price to make some sort of pullback - hence the reason for this short to test previsous support/resistance Price is currently at a strong resistance level, i have entered a short with stops just above this...
Hey Traders, hope you are all well and enjoying your weekend, I have some analysis on AUDCAD I want to share with you so lets get straight down to business. As always we always do multi-timeframe analysis. As we can see on the monthly chart price as made a push to the downside to break previous support, as we all know when price breaks such a level this...
Hello Traders Welcome to another free analysis of NZD/USD - as always we are working on a multi-timeframe analysis working our way down from the monthly, weekly and daily to get an overall look at the current price action As you can see from a monthly view, price has came back up to test a strong support level, we can assume price will close below this...
Hello Traders As we can see from our mulit timeframe analysis on CAD/JPY we can see a protentail long on this pair As always traders we always work down from the Monthly - Weekly - Daily were possible Weekly Timeframe As you can see from a weekly view price has broken some key resistance now turned support and we can expect a further push to the...
AUDNZD been in a downtrend since early August - a shift in momentum has seen price break above pervious lower high - using our fib tool we can predict the price to come back and test the 0.382 fib level highlighted by our buy zone - with we can get an entry round this level we can get a good risk to reward
PAIR = AUDCAD PREDICTED DIRECTION = SHORT REASON FOR SHORT = PRICE HAS COME UP TO REST A STRONG SUPPORT AND THE 0.5 FIB (STATIC SUPPORT) AND IS ALSO TESTING THE 200EMA (DYNAMIC SUPPORT) RISK TO REWARD = AT LEAST A 1/1 AND MAYBE POSSIBLE A 1/3 LET ME KNOW YOUR THOUGHTS FEEL FREE TO JOIN MY FREE TELEGRAM GROUP FOR ANALYSIS AND FREE SIGNALS EACH DAY t.me
AUDJPY LONG Formed double bottom at a strong daily support zone Looking for a break of neckline highlighted Retest, Buy Signal then i will enter with a tight stop loss
AUDCAD - Long Bounced of strong support daily broke trend line on 1H looking for retest of trend line and a buy signal to enter with a tight stoploss
Possible long on AUDCAD, bounced nicely of daily support, waiting for break of 4H TL before looking to enter
Price formed a weekly double bottom which is a good sign for a long opportunity, Delving down the time frames we can see an inverse head and shoulders pattern has formed no the H4 Chart along with a Strong Trendline Current price is at a strong support zone which is also our inverse Head and shoulders neckline, if we can see price break the H4 50 EMA level I...
As we can see from the chart GA has broken its trend line and is now forming a lovely head and shoulders pattern, a break of the neckline and a retest will send me short on this pair updates to follow
If we look at the weekly chart we can see last week candle formed a high test pin bar - this shows to me a massive rejection of price and a short bias Now looking at the Daily chart we can see price broke the 50 EMA and came back to retest this level on Wednesday/Thursday of last week this level was rejected - Short bias Looking on the 4 Hourly chart you can...
Looking at the weekly chart we can see an inverse head and shoulders forming, Price is currently at the top of the right shoulder, in my eyes this a bullish sign Moving down to the daily chart Friday's candle formed an engulfing candle confirming that long bias On the 4 hourly chart the 50 EMA has been broken also price has broke thought previous resistance...
Possible short forming on EURAUD, We got a high test pin bar on the weekly time frame, the 50ema was broken on the daily chart and also on the H4 chart - we would be looking for a retest of previous support/resistance zone around the 1.5919 level for a sell signal for a short. Updates to follow For more in-depth analysis and ideas come join our Elite trading...