From our previous analysis/update on AUDJPY. We see price has broken the former resistance zone and its now our support zone. And so we see in the smaller timeframe the price istrading in an uptrend above our "Now" support zone. This gives the price an increase in probability for the upward move, I.e. Price is more likely to trade upwards than downwards. Check...
Awaiting price to reach the Resistance zone drawn on the chart.
The dollar currency index has reached an all time Daily Support zone, now we expecting the dollar to gain strength (Trade upwards), we use this information as confluence when trading other USD pairs. On the chart we see how the dollar index shows the principles of the SMC and how well respected these principles are. From this analysis we can see that the...
Seeing that price has been in an Uptrent and has recently reached the upper trendline As well as the Resistance zone. We now see an opportunity to go short on the market, from the Daily Timeframe we set our trade objectives. Observe the trade.
Technical Analysis on EURAUD indicates a possible Sell.
AUDJPY: In the weekly timeframe price is in an uptrend, and on the lower supporting trendline of the uptrend. We now see a daily chart, this is a trends in trends methodology. We expecting the price to move back up after reaching the support at price level 88.040. As shown in the chart.
The analysis is based on the SMC, which stands for Smart Money Concept.
FX:EURUSD #Wave Analysis #Upswing & Downswing #Trend analysis
We are expecting a Movement to the Upside on XAUUSD... Price didn't reach our "X" marked resistance from our last update... Currently price is on a possible third touch of on the 4H Time Frame, Lastly there a demand zone on the smaller Time Frames, Hence we expecting a bounce to the upside. Lets get to 80 Followers... Stay blessed
XAUUSD price hasn't tested the Supply zone from yesterdays "16:00 Analysis and update", Gold went to the downside swiftly... Hence there is an imbalance in the market... Therefore we are expecting gold to move up to the "X" marked resistant... ~ What makes you different from the 90% of non-consistent traders?, Ask yourself that question. Please like and follow
Price has reached our SUPPLY zone as expected and gave a good confirmation of the trend change... We now expecting the market to give us our last move to the upside so that we can enter trades... Follow and like Please to get latest updates "Pure price action"
Price went up to our supply zone... We are looking for a big movement to the downside all we are waiting for is a confirmation for the downside movement... We will be applying the Supply and Demand principles, as well as BOS & CHoCH... Stay updated... "As a trader, you are different from the rest, most successful traders had to Risk it all to have it all......
Confirmed upward movement on the XAUUSD as we can see that price has changed character... Price is currently retesting and going to our POI.
Looking at a simple DEMAND & SUPPLY principles... An expected downward move is expected as shown on the graph... But we also looking to enter a Buy order at the demand zone as shown in the graph... "Making money in trading is not a function of analysis or strategy" ~ Emmanuel Please like and follow... Let's grow together and help me update y'all everyday.
Good day to all. We didn't see a potential setup today, but do remember that one of the important keys of trading is knowing when NOT to trade and dealing with no trade day. I'll put in my best word to ensure that I update on daily basis... From the posted chart EURGBP we are awaiting confirmation for the next price movement. I'll keep you all updated. We are...
Price on EURUSD is currently in a downtrend. On the the 4 hour chart the price has broken the trendline and it's currently retesting. Therefore we expecting a move to the downside. Note: We might get rejection on the support zone. Please follow me for more Analysis and forecast😊😊😊
There's an expected upward move on EURNZD, given that we have a Rectangle pattern that has formed on the resistance zone, which increases the probability of the bullish price continuation towards the next strong resistance zone. And also and Uptrend is probable to form, As it is seen on the forecast analysis.