USDCAD formed a bearish trap with a false breakout of a key daily/intraday horizontal support. The trap was followed by a confirmed bullish imbalance and a breakout of the upper boundary of a consolidation range on a 4H. With a high probability, the price will rise and reach 1.444 level. ❤️Please, support my work with like, thank you!❤️
EURCAD formed 2 bearish patterns on a daily: first, the price violated a support line of a rising parallel channel, a neckline of a double top formation was violated then. It indicates a strong bearish pressure on the market. The market may reach 1.475 support soon. ❤️Please, support my work with like, thank you!❤️
GBPCAD forms one more bearish pattern on a 4H time frame after a retest of a recently broken neckline of a head & shoulders pattern on a daily. Chances are high that the price will go down and reach at least 1.7876 level. ❤️Please, support my work with like, thank you!❤️
In this educational article, we will discuss one of the most common cognitive errors of newbie traders - a confirmation bias. In order to better understand that term, I want to start with the example: Let's say that after doing some research, you are highly convinced that Bitcoin is bullish and that it is a decent investment. You decide to buy that from...
Many of you asked me to provide long-term analysis for Gold and my predictions for 2025. Gold remains in a strong bull run since 2019. The first trigger for a massive bullish rally was Covid . The end of lockdowns made Gold finally stop the rally. The second strong bull run was triggered by the initiation of a "Special Military Operation" in Ukraine by...
It looks like Bitcoin is ready to retest the All-Time High. The market successfully completed a bullish accumulation and violated a strong daily resistance. Get ready for more growth. ❤️Please, support my work with like, thank you!❤️
It looks like ETH is going to continue growing. I see a strong bullish signal on a daily: a breakout of a neckline of an ascending triangle pattern. Next resistances: 3790 / 4000 ❤️Please, support my work with like, thank you!❤️
GBPCAD looks bearish after a retest of a recently broken daily/intraday key horizontal support. I see a descending triangle pattern on an hourly time frame after its test. Probabilities are high that the price will continue falling and reach at least 1.7876 ❤️Please, support my work with like, thank you!❤️
Crude Oil was in a deep consolidation since October. The market was stuck within a huge horizontal range on a daily. With the market opening after holidays, Oil looks strongly bullish. A breakout of a resistance line of the range, indicates the completion of a bullish accumulation. It opens a potential for more growth. Next resistance on focus is 75.55 ...
Last year I shared more than 1000 free swing and intraday trading signals for Forex, Gold, Silver, Oil, Crypto and Major Indexes. The majority of the setups were based on classic price action chart patterns. What I did through the trading year, I kept a record of each free signal that I posted: noting the winners, losers and the entry reason. In this...
Gold formed a strong bullish pattern on a daily - a cup & handle. A breakout of its horizontal neckline is an accurate bullish signal. With a high probability, the market will continue rising next week. Next resistances - 2674 / 2716 ❤️Please, support my work with like, thank you!❤️
Forex is the largest market in the world, with the tremendous daily trading volumes and millions of market participants. In this educational article, we will discuss who moves that market and who are its 6 the most significant players. 1. Governments Governments tend to set economic goals and influence the markets with their political decision. They...
In this article, I will explain to you 4 efficient strategies to identify a bearish reversal with technical analysis in Gold trading. You will learn price action, SMC and technical indicator strong bearish signals. First, let me remind you that different bearish signals may indicate a different magnitude and a degree of a potential reversal. While some...
Traders, while the markets are on winter holidays, here are great Christmas and New Year trading memes for you. Have fun and Merry Christmas!
If you decided to trade today, there is one potential shorting opportunity for Gold. Following my recent update, the price is testing a recently broken daily horizontal structure at the moment. On an hourly time frame, the price formed a tiny double top on that. 2621 - 2625 is its neckline. To sell the market with a confirmation, wait for a bearish breakout...
Here is my latest structure analysis & important supports and resistances for EURUSD for next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Gold closed this week, retesting a recently broken significant daily horizontal support - a lower boundary of a wide trading range. With a high probability, the price will drop from the underlined zone all the way down to 2563 - the next important structure. ❤️Please, support my work with like, thank you!❤️
As the winter holidays are already around the corner, you should know exactly when to stop trading and close your trades, and when to resume. In this article, you will learn how Christmas and New Year holidays affect the financial markets and I will share with you my trading schedule. First, let's discuss how winter holidays influence the markets. Winter...