USDCAD - is in alignment with the larger time frame! I am bias of a bearish direction this week. On the daily I saw price retested the range and it on the way down. Right now, it has formed a bearish flag. I am looking for price to pull back on the 4-hour time frame to get into a better and safer position.
From Weekly all the way to the 4 hour time frames we are seeing nothing but bearish structure. We have hit a major support area. I will be looking for price to continue its bullish trend.
make sure we are carefully looking at market structure to know what side we are on at all times. even if you have to pull out a big pen to see where it actually is. react to the market and not predict. If you don't see it on the chart believe the direction until a confirm break of structure on the bigger time frame appears
NZDUSD Slowly showing reversal signs. I am looking for price to keep sitting on the daily support and eventually continue to at least the daily order block.
Dollar dropping to the monthly support. Donald is now in office, and he is focused cutting interest rates. On the weekly I see an inverted head and shoulders a big pattern sign of reversal to the downside. I am looking to see if price will continue to drop.
Price Has met an equal high. I am looking for price to pullback so I can re enter the bullish continuation. I don't see any major signs of reversal. The federal reserves are still looking to cut rates on the dollar. This will not attract investors at the moment. They will resort to other investments and will turn to Gold to keep their investments safe. If You...
Okay What i see is the dollar made it to "Grandma's house" the main Resistance area on the Monthly time frame. This area has not been broken in 2 years! I am looking for reversals on the smaller time frame like the 4 hour. The MAs are not in a "fan pattern" letting me know momentum has pulled back. I will be looking for Sells with USDXXX pairs and buy entries for...
Absolutely beautiful clean pattern. price making bullish structure. looking to enter in a safe place. I would wait for price to pullback so i can enter safely. price is way to high to enter usually when price is near a break of structure it pulls back for a retest.
CJ in retest phase on the daily price did not move and gave us a doji. strong sign that price has slowed down to the upside. I am looking for a good entry. Price on the 4 hour time frame is already at the 4 hour order block.
Dollar after the back to back news this week price is still dropping. We are still in a bearish trend. I will be looking for signs of entry on the bearish side for all USDXXX pairs and XXXJPY pairs.
DXY- broke a serious support area! I am hope that this week we will see a small recovery back up and then a reversal down towards the next monthly support / double bottom neckline. Fundamentally wise we are still fighting inflation.
Dollar on all time frames is looking very weak. Dollar is sitting on the monthly and weekly support areas. I am looking for clear signs of a reversal on USDXXX pairs. Dollar made a huge double top pattern. Price broke the neckline and retested the neckline.
Price sitting lovely at the monthly /weekly support. I am waiting for price to get into an affordable area to enter a sell. Looking for a pullback to at least the 50% fib area. Would love for price to push up into the Daily Order block.
Dollar on the bigger time frame hit the weekly support (aqua colored resistance area) Monthly candle is almost as big as last month's candle and we are only in 1 week in this month. I am looking for price to keep its momentum all the way to the next weekly support. I will be looking for a nice pullback on the daily before entering a Sell in any of the USDXXX pairs...
GER40 at 50% Fib mark. Looking for a push up through the monthly high. Looking very promising.
DXY looking good for more sell direction. All time frames are positive when it comes to sell direction. Market structure is clear no breaks yet to the upside! FIB show 50% pullback and drop on the 4 hour time frame.
USDCAD is showing signs of Selling inside this very very very large range. I am looking or price to make another pullback just like how it formed a triple top to get some ammo to fall and break that triple top neckline.
USDCHF looking like it wants to form a head and shoulders pattern. All the Moving averages is looking positive for the Sell as well.