Euro looks ready for a sell. Head and shoulders almost complete. Trend
Look for price to go to 1720 and maybe even as far as 1680. Price has formed an evening star formation at a very critical level if you look left you will see clear resistance and support around the 1794 level. I look for continuation to the downside on gold.
Looking for a potential selling opportunity on Cad/Jpy. Price has been pushing up for quite a while and has entered into a supply zone for potential selling opportunities. I will be looking for a daily rejection somewhere in this level this week.
Good morning. Hope you guys are doing well. I want to give you guys some analysis 1 euro pound then I was looking at this morning. So you guys will have to go out to the Daily time frame to see the ascending Channel that price has been in for quite some time. So around 20th of June price respected the upper trendline of the ascending channel in Begin to Fall....
Okay dropping a little bit of analysis on the Canadian dollar Swiss franc pair. If you start on The Daily time frame you can see that the Canadian dialer showed a lot of weakness right when the pandemic started and since then price had moved up to about the 618 retracements before pushing to the downside. Before price made it to the 618 retracement price was in an...
So as I look at crude oil on the 4-Hour time frame I can see that price has formed an ascending wedge light pattern. More recently prices formed an ascending Channel which could mean a move to the downside. In my opinion and I do mean in my opinion, so take it with a grain of salt and do your own analysis. I believe that oil may be getting ready to sell off.
Okay what's up guys. Hope everyone had a good holiday and you guys are prepared for this trading week. I wanted to drop-in and give a little analysis on the Great British pound u.s. dollar. So starting on the 4 hour time frame. I can see that price is starting to form a running Channel with a little bit of an ascending form to it. Within the channel itself price...
Hey guys, hope everyone is doing fine. Just wanted to give you guys an update on one of the pairs that I am looking at for this week the GBP/NZD. This pair is in a couple of patterns on the higher time frames but in determining what direction it was going to go I move down to the 4-Hour time frame. On this timeframe I can see the extension of a long drawn-out...
Bat Pattern setting up on 1 hr. Entry@ 1.89569 Stop@ 1.89183 Target@1.90292
Hey guys, this what I'm looking at with pair to start the week. Let me know what you think.
Happy Friday everyone. Hope it's been a good trading day for you guys. A little last-minute marketing analysis before the close for the week. I posted analysis on the Great British pound U.S dollar pair where a Cypher pattern was setting up on the 1 hr, I am currently in this trade. There is also on the 4-Hour time frame a bat pattern that if we push past the...
Hey Guys! I am long on Euro USD. If you look at the 4 hr time-frame you can see we are in a series of descending channels. One which we broke out of in the beginning of October and another that we are in now, that formed at the end of October. We also just broke out of a descending Channel on the one hour time frame impulsively which activated my long trade.