USDCAD is currently retesting Daily key level of 1.31850 Currently awaiting Daily closure if it can close below this daily level. If it does, it indicates potential big downside movement on this pair. We can see it also retested structure on H4 and rejected important fib level on 61.8 Price Reversal Zone. If it pump through the daily key level and Fib PRZ +...
USOIL is making beutiful pattern for trend change. I'm awaiting move to 64$ area, where is nice resistance for OIL. Happy trading week traders, Good luck and don't forget to trade properly!
XAUUSD ( GOLD ) is currently ranging on the edge. We can see that trendline is still holding and we are awaiting break or bounce from the trendline for next direction. Also ranging box as we can see wasn't broken either way. For active and proper trade, we are waiting for break+retest of box or decent decline from trendline , which we approaching. I will...
In my latest EURUSD outlook i perfectly showed bottom of the EURUSD on 1.13000 Weekly and daily support, which was respected perfectly. In this idea i will give out three potential targets after results of NFP will see the lights of this world. EURUSD is still in some kind of consolidation on weekly timeframe, but after big hammer weekly candle, it seems more...
GBPAUD is currently gaining lot of bearish momentum as you can see on daily chart. We are approaching trendline, which indicates pretty nice uptrend and major support level of 1.79380, also third confluence is 50EMA, which indicates also support for GA. Reaction of GBPAUD on those levels will decide wheter bulls or bears will take over of this pair. My bias is...
EURUSD is meeting serious Support on 1.13000 on Weekly and Daily timeframes with potential huuge reversal to the upside (at least correction) EU has been rejected by this support many times on weekly timeframe and it might be the final attempt to break it. On weekly timeframe, EU is little bit choppy right now. If we will not break the support, there are three...
DXY broke the consolidation box and retested it pretty perfectly. Major Support around 96.00 seemed to hold for a next time, but last week dollar dump took us below that crucial level. Now we might see slight pullback to that area and see continuation of dumping dollar to 95.00, where is also my first target. Don't forget about 1st of February's NFP, which can...
USDCAD is making small correction on lower timeframes after brutal bearish weekly candle closure. I'm expecting to retest very crucial resistance and then we will prolly see big downfall to two target i have prepared: 1st: 1.31850 2nd: 1.30600 These targets are very crucial supports and potential downside targets for USDCAD UC also confluence with DXY, what I...
EURUSD is now struggling whether its gonna go up or down. Explanation: EURUSD touched resistance trendline for a third time and declined it, so we can see one opportunity for sell or we have a bullish bias, when it comes back down little bit and then break+retest the trendline and make some major correction to 1.14200. Daily and Weekly candles shows us that bears...
XAUUSD ( Gold ) has been ranging for a while in green consolidation BOX as you can see on the chart. Resistance trendline didn't allow gold to break upside and on the third touch of that trendline with confluence staying in the box it gave us huge leg down. GOLD also broke the trendline and support on the way down and retested 1286.5 support perfectly. 1281...
USDCAD price action looks like it could potentialy go upside for some time. We could see huge decline in previous weeks and we could see retrace for at least a broken trendline and daily resistance. We can see that UC is ranging in green box and between two minor resistances. For a clear upside movement i'm awaiting box + minor support break and retest (As you...
XRPUSD idea of potential downside leg down. We can see break of third ranging box for target of 0.30000
BTCUSD spiked up a big and it could potentialy start sligh bullish movement for BTC. Major resistance zone declined BTC and it can be on its way to retest minor support and then potentialy go up. I'm gonna be in for some slight buys later in the minor support zone. My target is around 4000$ per BTC. It also depends on when it's gonna meet the resistance...
Some of my favorites Pattern trades right here. Learn the market pattern and you will make money on the same plays over and over again. Pattern recognition is really important and when I started, i overlooked it and struggled with it, but once you start seeing these pattern in real time on real charts, game is gonna change. Trust me
EURUSD is at the cliff. It's decision time! EU is meeting few confluences on the way down. The first confluence is huge supportive trendline, which indicates, that EURUSD is still in slight uptrend, but we can see looong consolidation aswell. Second Confluence is Fib retracement zone, between 61.8 and 78.6, which is final kill zone for EU to be retraced. If this...
After the Great Recession of 2008-09, when famous investment banks evaporated along with the deeds to homes for hundreds of thousands of Americans, the S&P 500 got a shot in the arm. It was a one-two punch of falling interest rates and a Federal Reserve buying up once-toxic mortgage-backed securities. The Fed helped prop up the bond market too, keeping rates in...
XRPUSD breakout down the range, but then came instantly back. It didn't retest and break upside trendline. Now its coming back to retest trendline, structure and seeing 61.8 Fib Price reversal zone. We are aiming target of previous big Daily box range and -0-27 fib target zone. Good luck everyone. Don't forget to trade carefuly
XAUUSD (Gold) beutifuly broke trendline, retested and is on the way up again. We can see leg up (A), then retest trendline and coming back to 0.618 Fib Price reversal zone confluencing with previous structure and bounce back. Now we are on minor support, where we need to hold for continuation for next leg upside. Target is between -0.27 and -0.61. Target is...