Been a minute since I posted my analysis, I hope you find this idea valuable. And also please do take into consideration that I only trade pure PA and that I'm held no accountable for any losses due to this idea. It's my complete chart analysis not a signal. Please do let me know what you think of UZ.
Been a minute since I posted my analysis, I hope you find this idea valuable. And also please do take into consideration that I only trade pure PA and that I'm held no accountable for any losses due to this idea. It's my complete chart analysis not a signal. Please do let me know what you think of GU.
Take a look at this beautiful playout. The USDZAR respected our OB and also held it strongly till the bears took the initiative, ORDER BLOCKS!!
I'm providing a forecast and results from it, we simply follow simple old saying of "patience pays" Target met. Percentage secured
A very clear hold on our AOI. AS Said in the last forecast ofthis pair, you gotta love how banks do it.
Same as my last forecast. 1. Wait for a mitigation 2. We may start looking for a short pos. 3. Execute and apply risk management. Not a signal. You may comment, I would really love to hear from you
In simple terms, the price is yet to test our AOI... For a rally. Then after the touch in our Area of interest /Order block we may start looking for longs.
Buying in order to sell at a premium price? You gotta love how big Banks and financial institutions are are playing this game.
We're looking for high probable trades on our Area of interest (AOI). The price can simply sell to buy, then collect liquidity and shoot down from our AOI, That's where we are looking for our shorts. This is not a signal but a forecast, apply risk management, and manage your your trade when in profit, don't close until we reach our next purple demand zone. Be...
What do you see on UC? There are different scenarios currently running on this pair, I would really just be patient until the daily close confirms our bias. With the weakness of USD it is very hard to conclude that we can go with a bullish rally. On the other hand, our confluences are committed to our plan. We just wait patiently for our daily candle close to...
Now this may be hard to grasp in, but the technicals don't lie... USD index has tested the support line of the upward channel, unfortunately the support wasn't capable of holding the price to it's intended direction. The dollar index has been strong since last early, respecting the formations of higher highs and higher lows. Seems like the bears are taking...
As stated on our previous idea about the Euro-Dollar pair, the price consolidating (Fair Value of Price). We waited for either side to take an initiative to drive the price in any direction, which the bulls did. Is it the beginning of the rally or it's just another mere trap? Fundamentals can answer that question. What's your view in this set up? If you like...
All I hear is buy GJ, Buy! Buy! But taking to consideration... All the confluences communicating, Double top, support and resistance and still yet to find out the fundamentals. I honestly thing buying GJ would be a very bad idea unless you're willing to take exorbitant loss before the week ends. Please do let me know on the comments section.
Is it the end of the road for bears? For so many months since April 2021, the Dow respected the upward channel till today, for me me I think we should expect a bit of correction before shooting down to get ready for the rally. I prefer buying US30 than to sell. Please give me you view.
Due to the job crisis in the US and the last reports on fundamentals, it is very hard to decide which side to take, and the hedge funds selling the US tech stocks rapidly so. This is my forecast on the NASDAQ 100 for this coming week, please pass by the comments section to let me know what you think. Any inputs or insights. For me I'd definitely go with the...
When it comes to this pair, we've been trading on a tight range market for 6 weeks, which is what we call a FAIR VALUE OF PRICE. This is the part where investors and investors are coming to an agreement that the current price is simply good for the pair at the moment, until the big guns come into play with their huge capital to take an initiative and move the...
This is what I see on AU pairs, a bearish momentum forming, all the odds are in our favour, but then again nothing goes the way you planned, during NFP,. Take full responsibility for your rapid losses if you decide to trade during this trembling time of the markets.
The bears have arrived, a major move to the downside of our channel has commenced either we are inside the market already or we wait for our daily close, just to be in sync with the movement, remember this is the daily plan (a long-term) trade, patience pays.