Uzi-Trades-Forex

Uzi-Trades-Forex

- We are at a painfully large demand area. - Price squeezing and consolidating in a dropping wedge. - Thursday candle was a bullish harami (indicating a possible u-turn) - Friday was the Good Friday (Market holiday), so it doesn't count Let us patiently wait here for the price to either break the wedge or at least it hits the lower border of the wedge to place...

Uzi-Trades-Forex Updated 

Well, starting with the downtrend structure we had from the 1.34xx seems broken. Apparently, our beloved cable had to take all those early bulls out before it could go back reclaiming money it left at supply. There are multiple evidences why I think we should be buying GBPUSD. Amongst the most prominent ones, we have: 1- Price being protected (twice) at the...

Uzi-Trades-Forex Updated 

if prices bounces from yellow line = Sell to the white line if price breaks the yellow line = buy from yellow line retest to the green line Thank You :)

Uzi-Trades-Forex

Cable is retesting weekly broken structure! That is all thank you :)

Uzi-Trades-Forex Updated 

DXY has underwent a reversal: 1- A clean inverted head and shoulders 2- A dropping wedge break high (Which is a reversal at the end of the bearish move) 3- Break and retest of the inverted head and shoulders and the wedge simultaneously 4- Ichimoku cloud broken high as well, indicating the shifting trend bias Expect the target area as marked on the chart either...

Uzi-Trades-Forex

USD is not in the best shape! Yen is the most recent safe haven with their recent rate hikes. Market favours JPY. This is the best trade I could find in the market. Best of luck and happy trading!

Uzi-Trades-Forex

Well intervention or no intervention, market did take a major hit yesterday. Pertaining to this it managed to break lower than 103 support area. The only possibility I see next is 101.3 i.e. the blue box.

Uzi-Trades-Forex Updated 

Yeah we heading down. Following are my reasoning to advocate reversal: 1- Bearish Bat 2- Strong daily rejection from a supply area 3- Weekly strong bearish so far 4- Broken uptrend channel Wait for a little pullback to sell and best of luck!

Uzi-Trades-Forex Updated 

Gold broke structure last week under 2393 and now underwent a structural retest in last 8 hours of Friday. With the second last H4 as a shooting and last H4 as hanging man on some other brokerages, we are confident that correction is finally over that started form 2353. This correction eventually concluded with a broken structural retest which shall now be...

Uzi-Trades-Forex Updated 

Wait for a bounce, although H4 already rejected but better wait for a daily candle signal. Best of luck UJ will show you the real moon soon inshallah B).

Uzi-Trades-Forex Updated 

With that giant W and daily supply area I believe the sell is near. Feel free to sell with first rejection H4 here. Expect the Green Box. But dont make haste! wait for the proper signal, your stop loss is above the Supply area.

Uzi-Trades-Forex Updated 

It is quite evident since April, 2024 that USDCAD has been following a ranged price movement. Last week, I personally had high hopes that BOC might finally be able to pull it off by breaking through the range bottom and head towards the true demand area at 1.32xx. My expectations were based on an assumption that since DXY was evidently heading bear, Loonie might...

Uzi-Trades-Forex

To be honest I do not personally trade stocks and indices, but I sure can let you guys have my insight on it. With a P/E of 61+ and a P/B of 12.2, Tesla is extremely above the mark where it should actually be. This recent weekly bounce is the evidence that Tesla has gained above the real valuation and it might undergo a fall. Therefore, my opinion on Tesla is...

Uzi-Trades-Forex Updated 

Alright folks, I took my time over weekend and looked at our beloved fiber again. The bullish wave that we managed to identify in our previous idea (see related ideas) seems to continue higher. as you can see in this chart we have marked even a greater reversal on daily chart with an inverted head and shoulders. Pertaining to this, the next most probable target I...

Uzi-Trades-Forex Updated 

We have recently tapped daily demand area a few days ago, that is where institutes longed last time. Now considering the current PA it has formed a triple bottoms so far (Sign of reversal). Now, as long as the third bottom is intact, we should be ok to expect EURUSD to hit the supply area above. Even if your SL hits, the signal is valid as long as daily demand...

Uzi-Trades-Forex Updated 

Daily supply area bouncing price! enter now, add when uptrend channel breaks best of luck!

Uzi-Trades-Forex Updated 

bearish flag broken = red boxes are possible targets first red box = next demand second red box = fib 1.618 (2248) to flag structure target (2238)

Uzi-Trades-Forex Updated 

Pennant = continuation pattern Break and retest = Entry Target next supply area! further confirmation = previous weekly and daily! Buying the pullback