EUR/CAD have been really bearish since 24th of June , there was a wyckoff distribution before the fall down to the current price at 1.3523. so the general trend is obviously down and with the bearish market structure still being respected , I'm on the bearish mode with this pair of $EUR/CAD . if we look thoroughly to look for some other bearish confirmations ,...
$CAD/JPY general is trending up , if you zoom out to the 4h frame you can clearly see the price kept on printing new highs since 16th june forming a perfect bullish market structure with higher highs/higher lows . but if if we zoom in to 1h frame you can see a smaller wave creating a bearish market structure and already broke the previous low at 150.59 so we take...
as messy the price action as it looks , if you look thoroughly and zoom in into the 1h frame you can easily distinguish the lower highs/lower lows , being formed and the bearish market structure still respected , if you zoom out the chart to the 4 hours frame , you will notice that the general trend is bearish , and as a trend trader as my self i'm on the sell...
AUDCAD have been bearish since 16th June of the current month , the price kept on printing new lows over the two past weeks , breaking all the major support lines , and the price breaking under 0.8892 a strong daily support and with the fact that there isn't a any fundamental factor that would reverse the current bearish trend line , so I'm expecting to continue...
this pair have been rallying up since 7th march of the current year ( please look at the daily chart of the EURJPY pair ) and the bullishness of this pair is due to a very weak Japanese yen the currency traded against the euro, the fundamental reason behind a soft Japanese yen is because of the fact that the bank of Japan is having an unlimited bond buying which...
GBP/CHF have been consolidation in the monthly time frame between the two price levels of 1.3632 and 1.1733 , and as you can see in the monthly attached chart the price did touch the demand zone at 1.1733 more than 3 times and failed to break under it making it a crucial strong zone that we can’t ignore. The previous monthly candle ( the one in circle) closing...
let's talk a bit about gold pricing and the fundamental reasons behind it before jumping to my future vision of gold movement . gold have been real bearish since 8th march to this day mainly due to the federal reserve ( the bank of USA) rising the interest rate ever since ( look at the attached daily chart) . now let's zoom in to the 4 hours frame chart and have a...
despise the pair looking short term bearish in higher frames it's still bullish , price have been rejecting 160 zone since two months now so i expect it to start pumping and to break the short term bearish structure in next days . so it is likely to see a pump to 162 levels and it breaks , price will keep rising to our second zone at 164 than to our third and...
1 - expect a correction toward 0.9833 2- a deeper correction to 0.9781 if it breaks down 0.9833 3- if price breaks above 0.9887 then it is likely to pump toward 1.0015 with no correction. 4-finally if price breaks above 1.0015 then it is likely to continue it's push toward higher targets to finally touch 1.0192 . that said make sure to do your own home work as...
gold in March was able to break above the area of interest of 1907 of pushed up until 2066 before closing at 1937 , this movement is a great liquidity grab for what it's upcoming next month. this monthly candle was able to break the Area of interest of 1937 and close under it , with the previous huge liquidity grab the next monthly candle is likely to print...
price have been doing the bearish run since the 5th April , now if price holds and keep being traded under 0.9339 it will remain bearish but we need to consider for some corrections before the big move . our main and final target is 0.9173 . if you find this idea useful please support it by commenting and liking it . for new comers to my profile make sure to...
euraud have been bullish for a while now , price have been forming lower lows , lower highs since and kept on respecting the market structure since 22th march . now price have been rejecting our price key zone at 1.4672 , so if price fails to break above that same key level with a clear bullish candle , we will see a drop toward 1.4497 as a primary target and...
this pair have been bullish since 22th February and kept on printing higher highs , higher lows since . now with price breaking above 0.6872 strong supply zone on weekly time frame price is showing some confirmations for a continuation bullish rally . price now is in it's correction phase so we will see a retest of 0.6872 again or a deeper retest at ...
the pair is still bearish and rejected from the demand zone at 1.2460 , so there is a possibility of a correction continuation toward 1.2514 / 1.2552 levels first before the bearish continuation and the fall of price . a break under our demand zone (1.2460 ) will probably take the price to deeper price levels mainly at 1.2418 / 1.2377 . so in general the price is...
the pair in the big frames is bearish , but price have reached a strong price level at 1.2229 and if it holds we might see a correction toward 1.2312 as a main target . now if the same level doesn't hold and price closes under it then price is likely to continue it's down fall toward 1.2157 . this is not a signal but my own view of the market , always make sure...
with the US inflation and the war tension gold have been very bullish and with price breaking above up channel is taken as a confirmation for a farther bullish run mostly toward 1975, but I expect a correction first to 1958 , or a deeper correction to 1951/1945 I know all the lines may confuse you but don't let the chart scare you , the trend lines are showing...
let's talk a bit of my least favourite pair out there .. the pair has been bearish since 4th February , and the price have been making small corrections and printing more lows , price should keep dump even more with the break of 1.8576 , the main target is at 1.5664 . so in general market structure is bearish in both higher and smaller time frames so I will...
due to inflation of the USD making it week against POUND , GBPUSD have gain strength and moved up for almost 300 pips forming a technical bullish structure that is still respected and not broken and by rejecting and correcting to 1.3210 ( a strong buy level ) the price have gave us a nice opportunity to long and try to ride the rest of the remaining wave . this...