forextrader_13

forextrader_13

price broke a daily area of resistance and retested making a double bottom.. price has the potential to go higher

forextrader_13

price broke a descending TL making higher lows and highs and has the potential to push higher

03:07

forextrader_13

very simple analysis price retested weekly structure twice making a double top and has the potential to retest daily structure it broke as support to setup for buying opportunities

forextrader_13

price respected weekly structure twice creating a double top and with the dollar being overbought we can see the dollar finally pulling back...

04:11

forextrader_13

very simple analysis price is currently testing weekly structure and on the daily it broke resistance which could retest it to go higher

forextrader_13

my explanation is on the markup pretty simple textbook setups to look out for...

forextrader_13

price broke strong level of structure creating a higher high a retest is needed creating a higher high to go higher

forextrader_13

pretty simple on the weekly price broke resistance structure price is now retesting hence the bearish trend it is in now on the H1 price broke minor structure that could potentially retest to go lower to the weekly level it broke

forextrader_13

very simple on the H4 price is respecting structure looking left and it also broke support structure so with that being said we could see a potential pullback and retest to continue lower...

forextrader_13

pretty simple price broke H4 resistance and other structure printing a bullish engulfing candle indicating bulls are in control.. price retested broken resistance as support and has the ability to go bullish...

forextrader_13

price respecting H4 structure as support looking left and possibly could retest again for a selling opportunity... also the dxy has been bullish and needs a retest as well to go further up

forextrader_13

Very simple ucad is trading within a channel.. now oil correlates with ucad so we clearly can see oil prices rising ucad will eventually follow if the analysis plays through.. if price can respect the ascending TL and daily structure we can see the bulls come in and shift the momentum from the bearish trend to being bullish.

forextrader_13

All the confluences for short are on point and very simple and straight foward

forextrader_13

price managed to break out of a triangle pattern and created a higher high and a higher low retesting structure and the TL as support... on the lower TF price broke out of a descending TL and made a double bottom possibly setting up for a bullish move to the upside...

forextrader_13

GU possible short price retested structure and created a lower high. also the structure looking left is a weekly structure as well

forextrader_13

i keep it very simple we have price respecting daily structure as resistance and a lower TF what seems to be a head and shoulders pattern respecting structure as well

forextrader_13

sell position for EG price has retested structure failing to break and close above. we also have sort of a triple top that formed

forextrader_13

i keep my markets clean and simple price basically closed bullish above some H4 structure we could wait for a retest on the lower TF and wait for any bullish confirmation such as a double bottom bullish engulfing candle for entry