What information can we derived on EURUSD daily chart? 1. Price rejected the structural level with massive selloff last Friday 2. Price is currently on upper daily stoch level which means to go long on EURUSD is not recommended 3. We spotted a 3rd leg Diversion may about to happen which we predict the next direction of price could potentially go Price may retest...
Yen didn't break lower from the structural level instead it spike with heavy momentum last Friday We spotted 3 leg divergence on RSI signaling us with a potential continual bullish movement for the rest of the week which will impact on XXXJPY with bearish trend Will share some of XXXJPY setup soon and do appreciate ur feedback Thanks
Dollar making higher low with bullish pullback from the major swing low trendline expecting Dollar to remain bullish for the week and its traded pairs losing strength (XXXUSD = Bearish) We spotted a divergence which may result of heavy bearish move soon! Will share some of XXXUSD setup soon and do appreciate ur feedback Thnks!
Bullish indication at the break of trendline, key structure and moving average Price may retest at the previous support potentially double bottom pattern which will give us ideal RR ratio (wait for the price action if that happened) Using simple entry technique Step 1: Waiting for the price to break the correction trendline Step 2: Waiting for HH & HL...
Bullish indication at the break of trendline, key stucture and moving average Price may retest at the previous support potentially double bottom pattern which will give us ideal RR ratio (wait for the price action at that level) Using simple entry technique Step 1: Waiting for the price to break the correction trendline Step 2: Waiting for HH & HL structure...
The only bullish confirmation happen when the price break the key structure, trendline and moving average. Using simple entry technique Step 1: Waiting for the price to break the correction trendline Step 2: Waiting for HH & LH structure (Best if the price retest at the break of structure level) Step 3: Entry point after 2 items above has fully satisfied...
Possibly heads up to the key level and potentially forming a double top pattern. Short bias for JPY index hence to look for XXXJPY Long setup
Dollar back to the Resistant level. Need to see few price actions happen at the key level to support my bearish bias. Price may retest at the highest level Expecting dollar to weaken and its pairs gaining strength XXXUSD = Bullish (depending on readiness of each pair setup)
GBPJPY currently retest at the previous Daily support. All we have to do is to look on Yen Index which currently approaching an area of high confluence (see our Yen index chart analysis) We need Yen to weaken so that GBPJPY could play out, otherwise it may retest to the weekly RBS level Using simple entry technique Step 1: Waiting for the price to completely...
GBPUSD currently retest at RBS (Resistant become Support) level which we can see on monthly/weekly TF Price also retest few times at Daily swing low trendline. The only confirmation of trend change is when the price break above the trendline and form a HH & HL structure Using simple entry technique Step 1: Waiting for the price to break the correction...
We have great Long setup for EURUSD which could give us 400+ Pips all the way to the swing high trendline All we need to do is to monitor the dollar move this week for which we expect it shall continue making lower move *Please consider EURUSD might retest the weekly low Using simple entry technique Step 1: Waiting for the price to break the correction...
Yen approaching an important area of confluence which is a swing high trendline, a structure level and currently price at 61% fib level. Anticipating a bearish movement for Yen, i would aim to go Long on XXXJPY pairs depending on readiness of each pair setup
Would love to see if Dollar weakening either through HnS pattern (when price break lower the trendline) or Double top formation (when price retest at the previous high structure) Combining the USD chart with its related pairs, i would look for an opportunity to go Long on XXXUSD
We have DXY played out nicely last Friday with bearish movement. We need to see if DXY continue to make lower low and EUR gaining strength next week to support our bias on EURUSD Long setup Using simple entry technique Step 1: Waiting for the price to break the correction trendline (Done) Step 2: Waiting for HH & HL structure (Not yet happen, watch this on...
We have USD index made a significant bearish move last Friday and GBP index currently at 61.8% correction level We need to see USD index to continue bearish next week and GBP index to spike from the correction level before we consider to go Long on GBPUSD Using simple entry technique Step 1: Waiting for the price to break the correction trendline Step...
We have GBP index currently rejecting a monthly key level and at 61.8 correction level. Based on the data we anticipate the price would break the trendline and spike to next level Using this to support our bias on GBPUSD Long setup
We have potential EURUSD Long setup in 4H/Daily TF. We need to see if USD index to weaken this week and correlate the index with EURUSD Long setup. Its not wise to use high lot size or adding another Short position at this moment as its already near to weekly RBS level Using simple entry technique Step 1: Waiting for the price to break the correction...
Only interest to see Dollar weakening. If the price reject the recent or next level and break the trendline, i would look for an opportunity to go Long on XXXUSD