Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. I will be also publishing analysis of the other timeframes as well for this pair for further references. Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to get more...
Good Day Traders !! Daily : We have a "W" formation and we are currently at a strong level of resistance that was rejected by the market if you look at the wick of the last candle, the price seems to be going toward the downside again to continue it's weekly pattern. Now if you enjoyed this analysis smash that like button and share. If you have a different...
Good Day traders !! During this analysis we can see that we retraced to the 0.382 after the last daily impulse and we expect the price to go to the upside and reach the 70 before any major retracement. We have a nice setup for almost a 1/4 RR and we expect the market to complete this target since the environment of the market is still super bullish. Now if you...
Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. I will be also publishing analysis of the other timeframes as well for this pair for further references. Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to get more...
Good Day traders !! ON this pair we have on the Daily timeframe a massive impulse that we started two months ago and we are approaching a very strong supply zone in the monthly timeframe. We did break the previous high during the last week and retested the previous resistance turned support. From an institutional perspective we have a lot of short positions added...
Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. I will be also publishing analysis of the other timeframes as well for this pair for further references. Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to get more...
Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. I will be also publishing analysis of the daily timeframe as well for this pair for further references. Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to get more...
Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. I will be also publishing analysis of the weekly and daily timeframes as well for this pair for further references. Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to...
Good Day traders !! On the Daily timeframe we can clearly see that EUR/AUD is on a downtrend wedge and we expect more continuation to the downside , We do have two areas of supply where the liquidity could be grabbed before the next impulse. We also noticed that we tested all the levels of the FIB retracement on the previous leg and strongly rejected the 0.618 as...
Good Day Traders !! On the Weekly timeframe we have an "M" formation We retraced to the neckline which in in confluence with the 0.5 Fib level and we are continuing our way to the downside. I traced the two potential targets for the next weeks, Please see the daily analysis if you are looking for an entry. From An institutional perspective we have on Euro...
Good Day Traders !! On the Monthly timeframe on this pair we have an "M" formation that was printed and we rejected the neckline and started our downside movement. We are currently approaching a very strong area of support and the market might easily reject this area and continue it's move to the upside. However when we look at fundamentals and also the COT data...
Good day Traders !! Daily : On the Daily timeframe we clearly have a downtrend channel and we have been respecting it since early August 2020 and we expect to reach the lower trendline soon. We have an "M" formation that was printed last week and we expect the price to retest the neckline before the continuation of the impulse correction impulse pattern. We...
Good day Traders !! Weekly : We have retraced all the way to the last level of the Fib retracement and broke below it , retested it and continued our way to the downside. When we look at the structure the market is printing Lower Highs and Lower Lows through a downtrend channel. We have Two scenarios possible right now : either we are going to grab the...
Good day Traders !! Monthly : We have just Completed an "M" formation and we already started the new impulse to the downside. We expect the price to continue dropping. and we expect this impulse to be at least equal or more strong than the previous impulse. The corrective move tested all the levels of the FIB retracement and we started the new impulse after we...
Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. Monthly : We just broke below a very strong support that is turned resistance and we should expect the continuation to the downside. Weekly : After the break of the monthly support we retested it on the weekly and we rejected this area which is an extra confluence...
On this pair we just retested the trendline and broke above it but we broke back below, So it might be a fake-out in order to chase SLs. We expect at least a retracement of the price on the previous impulse leg to the 0.618 which aligns with the first target and then the second target will be on the 0.782 FIB level. From A COT perspective we do have an increase...
We just formed a bullish flag on the daily and broke above it and price seems to be wanting to move up higher. We also have a major area of resistance which will be our first target and where we should see a retracement before the continuation to the upside. From a COT data we have a very strong GBP during the past two weeks against a pretty steady NZD so we...
Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. Weekly : We have a rising wedge and we just broke the upper trendline and we should expect a continuation to the upside after the retest. Daily : We broke the channel and we retested it without breaking it and then we should expect the continuation to the upside ....