US30 Index completed a bullish accumulation in a wide horizontal sideways range on a daily. Its resistance was broken on Friday and we see a positive bullish reaction to that after its retest. There is a high probability that the market will continue rising. Next resistance - 44360 ❤️Please, support my work with like, thank you!❤️
USDCAD looks bullish after a breakout of a resistance line of a bullish flag pattern on a daily. Retesting that the price formed a double bottom on an hourly. Nice the price will most likely increase more. Goals: 1.4485 / 1.4490 ❤️Please, support my work with like, thank you!❤️
GBPAUD is consolidating. The price is stuck with a horizontal parallel channel on an hourly time frame. We see a strong bullish reaction to its support. The pair formed a cup & handle pattern. With a high probability, the market will keep rising and reach the resistance of the range. ❤️Please, support my work with like, thank you!❤️
Earlier on Friday, I shared with you a confirmed structure breakout on USDJPY on a daily. This morning, retesting a broken structure, the price formed a strong bearish confimation on an hourly. I see a double top pattern and a violation of its neckline. With a high probability, the price will fall and reach 155.57/ 155.18 levels. ❤️Please, support my work...
Here is my latest structure analysis & important support and resistance levels for EURUSD for next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Here is my latest structure analysis for Gold. Vertical Structures Vertical Support 1: Rising Trend Line Vertical Resistance 1: Rising Trend Line Horizontal Structures Support 1: 2689 - 2699 area Support 2: 2654 - 2662 area Support 3: 2614 - 2635 area Support 4: 2595 - 2606 area Support 5: 2583 - 2585 area Support 6: 2536 - 2562 area Consider these...
Looks like Bitcoin is going to retest the resistance cluster based on a current all time high soon. The price is currently retesting a recently broken horizontal resistance. A bullish wave may initiate from that. ❤️Please, support my work with like, thank you!❤️
In this educational article, I will share with you very useful tips how to improve your profitability in trading the financial markets. 1. Decrease the number of financial instruments in your watch list. ⬇️ Remember that each individual instrument in your watch list requires attention. The more of them you monitor on a daily basics, the harder it is to...
As I promised on the yesterdays live stream, here is the intraday confirmation that I spotted on ETH after a formation of a bullish imbalance on a daily. Retesting the broken structure, we see 2 breakouts: a violation of a resistance line of a bullish flag and a violation of a neckline of a double bottom. I think that the market is going to reach 3500 level...
USDJPY looks bearish after a 1-month-long consolidation. Bearish breakout of a support of a sideways range is a reliable confirmation signal. We can expect a down move at least to 154.55 support. ❤️Please, support my work with like, thank you!❤️
NZDCAD is currently consolidating with a horizontal parallel channel. We see a nice bearish reaction to its resistance: the price formed a tiny double top pattern and started to fall. Chances are high that the price will reach 0.804 level soon. ❤️Please, support my work with like, thank you!❤️
It looks like CADJPY is returning to a bearish trend. The price completed a consolidation within a bearish flag and violated its support with a high momentum bearish candle yesterday. With a high probability, the pair will continue falling soon. Next support - 107.15 ❤️Please, support my work with like, thank you!❤️
EURAUD looks bullish after a false breakout of a significant intraday/daily demand zone. As a confirmation, I see a bullish imbalance and a violation of an intraday horizontal resistance on an hourly time frame. I expect a movement up at least to 1.6596 ❤️Please, support my work with like, thank you!❤️
I see a nice example of a liquidity grab after a test of a key daily support, followed by a confirmed bullish imbalance. With a high probability, the market will continue rising. Goal - 3672 ❤️Please, support my work with like, thank you!❤️
CADCHF formed a nice trend-following bullish setup. After a test of a key level, the price bounced and violated a resistance line of a bullish flag pattern. We can expect a bullish continuation at least to 0.6372 level now. ❤️Please, support my work with like, thank you!❤️
In this article, I will teach you how to draw support and resistance. We will discuss support and resistance lines, levels, zones. You will learn where and how to find it properly with simply technical analysis technique that works on forex, gold or any other financial market. First, let me note that the most reliable time frame for support and...
AUDNZD formed a bearish trap & inducement after a test of a key daily/intraday horizontal support. A formation of a bullish imbalance after the trap indicates a highly probable bullish continuation. Goal - 1.1059 ❤️Please, support my work with like, thank you!❤️
EURCAD may drop from a solid falling trend line on a daily. After its test, the price formed a descending triangle pattern on an hourly time frame. A violation of its neckline is a strong intraday bearish confirmation. Goal - 1.476 ❤️Please, support my work with like, thank you!❤️