Aggressive short-term buy, the trade will be closed if not reached TP by London open.
Hello traders, As I predicted in my last analysis (link below) the retracement has been completed. Let's not forget that the overall trend is bullish and COT has still enough fuel to push the market to 90.00 area. I am bullish up to at least 88.50 in the short run. Please share your thoughts and like/follow for more free educational analysis.
Hi Traders, Back with another analysis after a long break :D I see CADJPY in an interesting situation where it is building stops at key levels. From a COT perspective, CAD still has massive longs however we can see that big banks are not adding longs anymore. This gives us a good indication that CAD has no intention to pass 91.40 at least in the next couple of...
The monthly candle closed bearish, close below the trend line will confirm the thesis and retest of the structure will trigger 1:3 RR trade to the downside. Please like comment and share your thoughts. May the market be with you.
In the Name of Allah, the Most Compassionate, the Most Merciful: If price retrace to the POC line (Yellow) then there is high probability to move up to the over-headed supply zone. Will enter long after confirmation
In the name of God, who is ever knowing and all wise. NJ presented with a nice confluence zone for a short term sell with 1/3 RR. Price is near a long term descending channel and also good supply zone. Bank will take profit of the longs positions before heading to the up side as per COT analysis. If price breached the ascending trend line , then the next profit...
In the name of God, the king of the kings. Price is heading towards double over head supply zone providing a high probability sell opportunity with 1/5 RR. I believe the first supply zone will also provide a take profit zone for big sharks before continue to the next supply zone. I expect the price to retrace to the long term descending channel before heading to...
In the name of Lord, the most merciful, the most compassionate: Price bounced off of the strong demand zone as per previous history. This present a high probability to go up. Will take a long on 1 hr with 3 RR.
USDPLN had hit the lower band of long term channel and there is high probability to reach 0.3 Fib level. Buy limit order placed
GBPCHF had reached to the long term descending channel over headed by strong supply zone. We might get a strong push to the supply zone and then push to to the down side or reverse back from the channel represented by brown dots. Waiting for confirmation
Price reached to an area of strong consolidation and there is a high expectancy of the price to move down