USDCHF is on descending channel, an ascending channel is broken to the downside, which is now giving us pure bearish move. Also on daily timeframe i can see bearish head and shoulder pattern, which additional confirmation for my analysis. So i'm for a sell risking 1%. Lets see the see the outcome
GBPJPY just started new a ascending channel after long term of descending channel. On 4 hours and 1 hours time there is a strong move to the upside which as broken the minor bearish trend to the upside. So i'm in for a BUY now, risking 1%
DXY has been on a bearish movement since December, heading to the strong resistance of monthly and weekly timeframe. Currently trapped inside 4hours consolidation zone, if we see breakout to the down side, this will be continuation of the down movement to the monthly resistance before the new uptrend will start. But if the breakout is to the upside, meaning there...
Overall trend of USDCAD is uptrend. waiting for breakout and retest from the short term bearish trend, then I will put in for BUY... as per my trading plan 1% risk only.
USDCAD overall trend is bullish, so I'm waiting for the retest @ the strong zone before i enter for a buy and it to the next zone risking 2% for this.
AUDUSD is just starting bullish movement, but is on a retracement level now to retest the resistance that turn support. so I'm taking advantage of that, to SELL and take profit at the support level. From that support level I start looking for a strong BUY. LET'S SEE HOW THE OUTCOME.
Monthly, weekly and Daily timeframe on ascending, on 4H strong resistance level is broken for the continuation of the bullish movement. I'm waiting for the pullback to the W pattern neckline on 4H before I enter buy position.
GBPCAD is on overall ascending channel. So I'm waiting for it to tap into the so zone that is below the trendline support, then wait for bullish confirmation candle before I take a buy to the next zone. without that no buy setup for me.
Overall uptrend, short term descending channel is broken to the upside which gave confirmation of trend continuation. and a neckline of W Pattern is also broken on 4h timeframe and current resistance level is broken on 1h timeframe. I'm in my first trade of year 2025
Overall trend ascending channel. EURAUD still going to give bullish movement to complete the D leg of daily timeframe W pattern. So I'm looking to BUY at the strong support which is also inline with the trendline support. And the second entry will be the current resistance break(CRB).
Overall trend is ascending channel, but the channel is broken to retest a stronger zone @ 41671.38 before the continuation of the ascending channel. So US30 is still gonna push to 41671.38 before it will start buying. And I'm waiting to sell after the breakout of 42171.90. buying where it is right now, not good for me. Because of the stronger zone @ 41671.38. I'm...
EURUSD will be a short BUY only if the resistance above is broken, BUT be careful because overall it a SELL in daily time frame, as for the short buy it a retracement for the bullish channel that was broken.So the buy not good for me, i will wait for the SELLERS
GOLD just break daily ascending channel and also did the retest at a strong resistance level. for me I'm waiting for small push the upside before i can take a sell. I have two entry to sell
EURAUD begin new bullish trend after breaking out of longtime bearish trend. now I'm waiting for the candle to break above resistance and retest before I enter a BUY. this will be a swing trade. Kindly drop your comment.
Overall trend of GBPJPY is uptrend, so i'm only looking for buy after it came back to retest the support which is also in line with my trendline. I'm for BUY right away.
I'm expecting the market to break the resistance trendline and the horizontal trendline all together to confirm the my buy.
Overall trend for GBPUSD is downtrend and it at a point of strong resistance in line with the ascending channel resistance and also bearish head and shoulder pattern in 4hours time frame. so for me it a long term sell right away.
USDJPY is on bullish trend overall, but is trapped into consolidation channel. So I'm waiting for breakout to the upside to continue the ascending channel. kindly drop your comment.