Good day, traders as we can see in the setup above of usdchf, price has been playing between support and resistance indicated by the red zones.. i am expecting price to sell around the current resistance down to the support. Reason being , sell at resistance buy at support, Downtrend, pair correlation and other technical reasons
Good day, on the setup above of BTCUSD we clearly see that i am looking at a buy retracement meaning bullish continuation for BTCUSD. As we can see price broke our 61.8% level and came back into our fibo retracement with a strong bullish move indicating that the 61.% level is still valid, price not only retested the 61.8% level once but twice and hence we are...
Good day traders, hope you are all well. As you can see in the setup above, we are looking to go long on EURJPY. This bias is based on pair correlation, technical analysis and chart patterns. the path i drew just gives the structure of the direction where i expect price to go, scale down the timeframes to accommodate your accounts and get more detail to price.
Good day, as you can see in the setup above we have NZDUSD. We are looking to go long on NZDUSD based on the fact that price came down to an all time yearly support indicated by the blue zone, look for entries that accommodate your accounts.
Good day traders, lets take a look at AUDUSD. as you can see in the setup above we are looking to go long on AUDUSD and this is based on the fact that price reached a strong all time yearly support and basics say buy at support and sell at resistance , the long decision is based on other technical analysis and pair correlations, please scale down and find entries...
Good day traders, i hope ya'll have been well. Lets take a look at USDCHF. As ya'll can see in the setup above we have a clear support and resistance indicated by the blue and red zones, and because our trend has been a downtrend on the weekly timeframe it is safer to look for sells, not just because of that but price just rejected the resistance and also based on...
Good day traders, hope you have all been well. Lets take a look at BTCUSD. As you can see on the chart above we have been quite bullish/long on btcusd and i believe price will continue bullish due to critical technical analysis. However the simplest way to look at it is that price has created it's support and resistance and you know the principle buy at support...
Good day traders. Hope you have been well. Here is a nice setup to consider over the weekend, USDCHF. As you can see we are looking to go long , reason being that we are seeing a formation on a possible 61.8% buy retracement , meaning we are looking to buy around level 61.8% zone.
Good day traders. Here is a setup on USDZAR, as you can see in the chart above we are looking to buy USDZAR with the reasoning that price is going to continue coming down to the 61.8% Fib retracement and pair correlations and other technical analysis. Conclusion we look for Buys around the 61.8% zone.
Good day traders, We are still moving with AUDCHF, here is an update. As you can see in the image above we have a range inside a range and the reason we analyzed the chart this way is to try and minimize the idea as small as we can, so that we can identify entries that accommodate your accounts. From here it is quite simple just apply the necessary range...
Good day traders. update on AUDCHF. As we can see we have an ascending triangle formation, because we have a bullish bias on this setup we will be looking for any bullish patterns signaling Buys. So please trade with caution because this pair can be quite aggressive and has quite a big spread so use proper risk management.
Good day traders, i hope you have all been well. Lets get into it. In the chart above is an update to the AUDCHF setup we have been following the past few weeks. As we can see that price respected out support and is headed for our resistance indicated by the first red rectangle and i believe price is going to break these resistances and continue pushing up and...
Good day traders, i hope you have all been well. Lets get into it. As you can see on the chart above of AUDCHF we have a bullish flag, basically we have a range inside a range, so since we had agreed on the fact that AUDCHF is bullish it's safe to look for buy. Find entries that accommodate your accounts.
As you can see in the chart above of gold we have had a very strong resistance in the red rectangle and that resistance is also level 61.8% Fib Sell and because these reasons and pair correlations we would be looking to sell gold.
As you can see in the setup above of USDCHF we basically had a range(correction) in our support and resistance and price broke our resistance , came back and retested the old resistance as new support which is also our 61.8% Fib, hence we can expect a push to the upside on USDCHF
Good day traders, i hope you have been well. Lets get into it. This is a follow up on the AUDCHF setup posted previously, As you can see in the chart above price really pushed to the downside a lot and the perspective at the moment is 61.8% fibo retracement and we had a nice push to the upside around that area, so catch your entries that accommodate your accounts.
Good day traders, Lets get into it. As you can see on the chart above of AUDUSD we have a structure that seems to be forming a Head and Shoulders, we had our left shoulder currently forming what seems to be the head so we can capitalize on the SELLS.
God day traders, I hope you have been well. Let's get into it. As you can see on the image above of AUDCHF Long we clearly have our support and resistance indicated by the blue and red lines. Blue lines are our strong support and red lines are our resistance, price rejected our strong support after it had left a huge wick from the down side, this indicating and...