TRADE IDEA: DOLLAR INDEX (DXY) market currently trading inbetween our weekly high and low as we are anticipating to see the market sell off after multiple touches on our resistance (weekly high) and then giving us another comfirmation as it touch our resisting trendline, hence looking to see the DOLLAR $ WEAKEN
TRADE IDEA: XAUUSD (GOLD) market previously melted strongly after reached our weekly candle high till it touched our current support level 1955.037 giving us a possible continuation pattern anticipating to push to the up side.
TRADE IDEA: USDCHF looking for selling opportunities at 0.90868,where the market is giving us market retest with good candlestick rejections.
TRADE IDEA: CADCHF needs more waiting to be applied as buyers are still pushing up with a strong momentum after we had a strong break to the downside, we have to wait for the market to respect the structure and our strategy elliot wave (ABC) for a correction.
TRADE IDEA: AUDNZD ,market currently below resistance level as sellers are looking to jump into the market giving us nice candle rejection below our resistance.
TRADE IDEA: XAUUSD market currently trading between our weekly H & L ,currently looking for selling opportunities as sellers are still interested on oushing the market to the down side at market retest
TRADE IDEA: USDCAD yesterday market created a double top in our supply zone giving us a strong drop to the downside breaking below our supporting trendline and then today the market is currently giving as a bearish pattern to continue the downside movement.
TRADE IDEAL: USDCHF market coming from our high(resistance) sellers managed to reverse the market breaking below our inside supporting trendline,hence giving us a bearish continuation pattern looking for more selling opportunities to the downside.
TRADE IDEA: XAUUSD (GOLD) market came back to our support zone/area, hence still anticipating for buying opportunities as we are above our supprt area
TRADE IDEA: GBPAUD market currently in an Overall bullish trend giving us a double top at the resistance trendline/area, looking to sell the market as it is still giving as selling opportunities at the retest of the broken level
TRADE IDEAL: EURAUD (2H) Market tapped two times in our Resistance zone hence giving us nice candlestick as they close below our zone and sellers looking for a good opportunity to reach strong levels of support
TRADE IDEAL: USDCAD Market currently at our resistance zone (Area Of Supply) as i am looking for selling opportunites to the downside.
TRADE IDEAL: DXY Market broke below our reversal pattern (raising wedge),coming back to retest our trendline we might just have a possible head and shoulders there as we wait for 09:30 to comfirm
TRADE IDEAL: GBPUSD @1H Market broke above our prev structure(DOWNTREND) came back giving us a nice correction as a restest at our support zone where i (buyers) are aiming to looking for buying opportunity at the beginning of an IMPULSIVE
TRADE IDEAL: XAUUSD (GOLD) Market currently sitting above our support level/zone gave us a continuation pattern (Bullish Pennant Pattern) as a sign of market continuation to the upside
how to analyze EURNZD currency pair at a 1-hour timeframe using technical analysis concepts. Trend Analysis: Start by identifying the prevailing trend. Is the pair in an uptrend, downtrend, or ranging? You can use trendlines, moving averages, or visual analysis of price patterns to determine the trend direction. Support and Resistance Levels: Identify...
GBPJPY we have an overall head and shoulders been formed as the market is currently raising from our supporting zone heading to create another should where we looking for sellers to be sited waiting to push the market to the downside
DXY we have a market breakout above our resisting trendline creating a new high (HH) as the market is about to change structures but yet waiting for an impulsive at the retest of the market.