MoneyMantraCha

MoneyMantraCha Updated 

Hey Rich Friends, This is a technical analysis of USDJPY. I encourage you to check the news and cross-reference your own charts and indicators before taking any trades. I think USDJPY will be buying this week, and here is what I am looking at: - The candles have started to cross and close above the 200 EMA. When candles are above an EMA, it tends to act as an...

MoneyMantraCha Updated 

Hey Rich Friends, Happy New Year! This year, I will be posting more Gold Analysis videos that will be just like my Forex ones. If it is helpful, and you learn something, you can follow me here :) After reaching an all-time high last week, I think Gold will be retesting lower levels before it continues to buy. Here is what I am looking at: - The market hit a...

MoneyMantraCha Updated 

Hey Rich Friends, I hope all is well. I think UC will continue to be bearish this week and here is what I am looking at: - The market has already created and rejected a new swing high at 1.36475. This is a bearish confirmation for me - Structure has been broken on the downside, confirming a bearish trend - The 10 EMA (purple) has crossed about the 3 EMA (blue)....

MoneyMantraCha

Hey Rich Friends, I hope all is well and you are having a profitable trading month so far. If you are on a trading journey, keep going until you get the results you want. This is only my technical analysis of EURUSD so please cross reference the indicators you have on your charts and check the news. I think EU will continue to sell this week and this is why: -...

MoneyMantraCha

Hey Rich Friends, I hope all is well! This is only a technical analysis of GBPUSD, so make sure you cross-reference your charts and check the news. I think this pair will continue to buy and here is what I am looking at: - The 3 EMA (blue/smaller) has crossed over the 10 EMA (purple/larger). This is a bullish confirmation for me. - The stochastic is facing up,...

MoneyMantraCha Updated 

Hey Rich Friends, Here is my technical analysis for GBPUSD on the 4-Hour timeframe. Remember to cross reference your own chart/indicators and check the news for additional confirmations. I think GBPUSD and other USD majors will sell and here is what I am looking at: - The candles have already rejected the previous supply zone - Tweezer top candle pattern...

MoneyMantraCha Updated 

Hey Rich Friends, I know its NFP Week, but we can still make smart trades by sticking to our plans. Be mindful, but do not trade with fear. I think that GU will continue to buy this week and here is why: - The market has already rejected the previous demand zone. - The 3 EMA (blue) has crossed above the 10 EMA (purple). This is a strong bullish confirmation...

MoneyMantraCha Updated 

Hey Rich Friends, Happy Tuesday. I wanted to share my technical analysis on why I think USDCAD will sell. Remember to cross-check the indicators you have on your chart and check the news. - The candes have already rejected a previous supply zone - The 10 EMA (purple) has crossed above the 3 EMA (Blue) and this is a strong sell confirmation for me - The...

MoneyMantraCha

Hey Rich Friends, I wanted to share my technical analysis of GBPUSD. Please remember to cross reference your own chart, indicators and the news for most comprehensive analysis. I think we can expect to see more selling and here is why... 1. The candles have already rejected the previous supply zone (red box) 2. The purple 10 EMA (Purple) has crossed below the...

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MoneyMantraCha Updated 

Hey Rich Friends, Happy Tuesday! Here is my technical analysis for USDCAD. Always check the news and cross-reference the indicators on your chart before entering any trades. I think that there are opportunities to sell and here is what I am looking at: - The market has already rejected a previous supply zone on the weekly time frame - There is an evening star...

MoneyMantraCha Updated 

Hey Rich Friends, I think EU will be buying this week. Please remember that this is only a technical analysis, so check the news and cross-reference your chart and indicators. Here is what I am looking at: - The market has already rejected a previous demand zone causing the price to continue to buy - The 3 EMA (blue) has crossed above the 10 EMA (purple) on...

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MoneyMantraCha

Hey Rich Friends, Happy Wednesday! I wanted to share one of my top 3 favorite indicators with you.... The Stochastic (STOCH). As a leading (vs lagging) indicator, it is perfect for beginners because you can find entry and exit signals with only a few key details. Adding the STOCH to your chart: 1. Search the indicators for "STOCHASTIC" and click once to...

MoneyMantraCha Updated 

Hey Rich Friends, Happy 2nd Quarter! I wanted to share my technical analysis of GBPUSD on the H4 timeframe. Make sure that you check the indicators on your chart and check the news. Here is what I am looking at: - The candles have already rejected the previous supply zone - It looks like a bearish harami candle pattern is forming - The stochastic looks like...

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MoneyMantraCha Updated 

Hey Rich Friends, Happy Monday! It's a new week which means many new opportunities to get into the market...but it doesn't mean that you have to take all of them. Make sure you focus on finding the best setups by sticking to your plan and following your confirmation checklist. The best out of 25 will give you a good idea of your win/loss ratio. If you are...

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MoneyMantraCha Updated 

Hey Rich Friends, I forgot to post the initial idea for this EU Bearish move but I was happy to see the market went in my favor! I analyzed the market around 10:00 AM EST on July 24, 2003, to get my confirmations and set a sell limit at 1.10850. When I am looking for a sale, here are the things I look for with my strategy: 1. Candles are forming below one or...

MoneyMantraCha Updated 

- Bullish engulfing candle crossed above the 200 EMA. Bullish conditions met. - MOM facing up and above 0. Bullish conditions met. - STOCH facing up and the blue line is above the orange line. Bullish conditions met Buy At Market Execution Or Buy Limit At 0.62100 Or Lower SL: 0.61700 OR LOWER (40 pips or more) TP 1: 0.62500 (40 pips) 1:1RR TP 2: 0.62700 (60...

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NZDUSD took a while to make this move but it finally happened! - Structure was broken on the upside confirming the Bullish trend. - Green candles crossed above both EMAs (50 and 200). Bullish conditions met. - MOM facing up and above the 0 line. Bullish conditions met. - STOCH facing up and above 50. Bullish conditions met. TP 1 and TP 2 HIT. TP 3 PENDING

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MoneyMantraCha Updated 

- Structure was broken on the upside confirming the Bullish trend. - Green candles crossed above both EMAs (50 and 200). Bullish conditions met. - MOM facing up and above the 0 line. Bullish conditions met. - STOCH facing up and above 50. Bullish conditions met.