covenantson

covenantson

NZDUSD Multi-timeframe analysis (MTFA) I shall be using sharing my ideas from a supply and demand approach. From the monthly TF, we see a box pattern forming up and currently trending down within the box. Weekly TF shows the recent downtrend more clearly From the H4, i see a likely trend back into the resistance to take out the last high created before we...

covenantson

FOMC stirred a massive move. A break of structure to the lower side will defeat the recent upward rally seen in GU. It is safe to look for entry at major fib reteacement

covenantson

This is a recent 15RR game. Looking closely, we might go deeper in this correction

covenantson

From a weekly TF perspective, GJ recently broke above a major resistant zone holding it down for more than 4 years. At the moment of writing, we see a retest of the broken zone in progress. If this plays out well, we might see GJ bullish price action for a larger fraction of the remaining days this year. GJ, what is next? Market leads, we follow. Gracias

covenantson

In this chart, we see a down trending pair for the past few weeks. It is either we see a break of the WL (untested for months) and retest before further downslide or we reverse this strong downtrend at this level. Market leads, we follow.

covenantson

USDCAD is in a simple uptrend. Another time to buy is now NB: Not a financial advice

covenantson

In a daily chart, I can see a potential formation on USDCAD. If this come true, we see chances of buying this pair for a long term soon.

covenantson

From a divergence and retest point of view, NZDCAD, has once again come into a demand zone and with hopes that the bulls can take it higher. NB: not a financial advice

covenantson

the bearish divergence in the pair is occuring at an area of interest. Hoping to catch the move down shortly/ Trade safe. Not a financial advise

covenantson

Will the low of the falling channel hold for lonnie or will it act as the long term support we think it should. USDCAd bounced off the low and presently retesting the support, if it hold, we go for the highs of the channel. trade safe Disclaimer: Not a financial advice.

covenantson

USDCHF just reveal a divergence on the H4 tf. This is just an idea about a long time buy opportunity. Trade confirmation aligns with break of recent downtrend line. Trade safe. Disclaimer: Not a financial advise.

covenantson

Having retraced back into recent broken resistance and now turn support, cadjpy seems ready for a buy. Sl n Tp as shown. Break above the recent high open room for HH, see you at the end NOT A FINANCIAL ADVICE

covenantson

A closer look at Ej over the past few days shows show accumulation or re-accumulation going on. On this day, 7th April, major pairs of EURXXX were strongly bullish except this pair which I was hoping to get into. Is the accumulation ready for spring action (upper trade idea) or a dive lower into the April lows (lower trade idea) be the springboard? The market...

covenantson

Two weeks back, I pointed out a break from a downward trend on this pair H4. WIth the economuy of Europe gradually unfolding some realities, are the bull riders on this pair ready to go higher. Over trend downward Recent break and retest of the H4 resistance now acting as a strong support.

covenantson

This pair just printed a bearish divergence on 30min chart using rsi. Let hope fundamentals and technicalities favour the bias.

covenantson

In the recent 15min chart of GBPJPY, i see a bearish divergence that might give sellers opportunities to catch about 70-100pips. over trend remain bullish However, there is a sellside short term opportunity Trade safe NB: not a financial advise but an education

covenantson

The pair seems ready to go higher. BOS retest at 15min Bullish bias

covenantson

In the coming week, I hope to see bullish price action on this pair as we see a consolidation/accumulation for a breakout to the upside (most probable from my end). Trade Safe Note: Trade as a result of your own decision for this write up is just an education