


LexyenHille
Eurusd has once again, approached a very strong resistance level on the HTF. A small, cute head and shoulders is supposedly forming on the LTF. A break of the neckline should lead to more downside action.... If not The setup is invalidated... Observe good risk management. If this was remotely useful to you please support my work with a quick like and a...
The pair is approaching an important HTF resistance, thus setting the stage for shorts. An impulsive downward breach of the LTF ascending trend line will give added probability for downside momentum. Observe good risk management. Please Like and Subscribe if this was useful to you as this supports my work, thanks in advance.
Gbpnzd approached a very longterm resistance, after a brief rejection to the LTF ascending trend line, sellers forcefully took over pushing the pair below the ascending trend line to the downside, a retest briefly follows.... This all gives a high probability for some downside action. Pls observe good risk management.
Eurusd has approached a daily confluence zone of both a daily resistance level and the resistance of a downward channel, this inadvertently sets the stage for shorts.... A breakout of a LTF ascending trend line has occurred and a retest is already underway, this is a good risk to reward trade from my own view.
Us oil has been on a HTF uptrend, it has come for a retest or pullback most probably to both HTF ascending trend line and key level. A LTF break of the minor resistance at this important level has shifted probability to buy setups...
The pair has reached a strong HTF resistance and reacted by a downside break of a LTF ascending trend line ... Entry on the retest shld offer high probability for further downside progress. This is just my idea, observe risk management.
Audcad has reached a monthly key level resistance, volume is decreasing as the pair struggles to push upwards at the retest. We can confirm a bearish entry on an impulsive breakout of the LTF ascending trend line and also the intersection of the minor key level on the 4H timeframe. This is just my idea, observe good risk management.
Nzdusd has arrived at a very important zone. Thus is a confluence of previous daily resistance and the bottom support turned resistance of a daily channel. These all argue a bearish case, but shld we sell?. An impulsive breakout of the LTF ascending trend line and the LTF key level around 0.64500 and 0.64380 shld provide entry confirmation for shorts.
We can make a bearish case for GBPAUD as it has broken out to the downside from a very longterm ascending trend line. It is retesting right now.... An impulsive bearish break of the short term ascending trendline will be our entry call.
Gold broke out to the downside from a very long term ascending trend line...but shld we sell?. The answer to that will be not yet till we get a break and retest after violation of the lower timeframe ascending trend line. If Gold negates this sell and becomes bullish, long setups shld be sought for on breakout of the denoted region. This is just my idea, observe...
Audusd has reached a strong yearly support, after a brief manipulation to the downside to absorb sellers, Aud USD has regained its footing above the support, thereby setting the stage for longs. A momentum break of the 0.71609 minor resistance and simultaneously the lower time frame's ascending triangle's resistance shld give confirmation for longs. Thus is just...
In my previous idea of a long setup for silver, the trade was not triggered as a momentum close was not achieved. After close observation of the precious metal, all signs pointed to a gradual distribution that has been ungoing for quite a while and is most probably at its final stages viz Last point of supply LPSY. This shld be followed by an extended downturn...
Cadchf recently broke out above a very strong resistance level on the weekly and is approaching for a retest and potential continuation higher. A bullish momentum break above the minor resistance zone of 1.75144 shld serve as confirmation for longs. This is just my opinion, observe riskmanagement.
USDCAD recently had a spring or false bearish breakout below the support of the bullish channel on the weekly. After a quick recovery above the channels support, the stage is set for long setups only. An impulsive, bullish breakout of the developing ascending triangle and simultaneously the 1.30277 minor resistance level shld give the confirmation whistle. This...
Eurgbp has a yearly support that it has been respecting to the tick for a t least 5 times in the past. As it approached the key level again it forms a descending channel. An inverted head and shoulders pattern was also formed and on top of all that price broke the inverted head and shoulders neckline and the channel's resistance very bullishly, a retest of the...
EURAUD breached a yearly upward trend line to the downside, the pair is now coming for a retest of the trend line and the monthly resistance at the 1.53338 region. The pair is forming a lower time frame upward trendline in the 4H timeframe as it climbs to retest higher timeframe structure. An impulsive breakout of the trend line and the 1.5000 psychological level...
Bitcoin has been in a bearish trend after an epic downside break of the weekly channel. The herd are clearly freaking out and selling at cheap prices to the institutional players. After the selling climax that occurred at climatic volume at the 25312 level, Bitcoin has been in a range to finally mop up all sells before a push higher, an impulsive break and close...
Usdjpy executed a classic spring; breaking out to the downside below the daily structure and quickly returning above it quickly. An impulsive breakout of the 128-128.2 level shld give confirmation for longs. This is just my opinion, observe risk management.