uzzzma

03:37

uzzzma

Hi traders. I'm looking to buy USDCHF this week when the market opens. I have set alerts for when the price approaches my entry to see if I can find a better entry to my trades. Have a good week

01:36

uzzzma

I hope you liked my video. Comment your ideas. Thank you

01:20

uzzzma

Another day another set up. UDCHF may potentially be forming a head and shoulder after a bullish rally, then reversing. If it does I will be looking for an entry within the fib retracement zone of 61-38. If the price rallies upward the setup will be invalid. Always remember to stick to your plan and trade within your risk allowance. Have a good week traders!

uzzzma

double top and head and shoulder neckline both broken with the week closing below both their necklines. can look for short setups but entry should be at a pullback

uzzzma

fundamentally pound seems to be bearish due to the worsening covid situation in UK. however if the price were to move upwards, the wedge can be traded.

uzzzma

On a 4hr for GU, we can see that price has broken past the double top and come back to retest it. I intend to buy GU if the price comes back to retest the blue double top zone. If the price just rallies without retesting that zone, I will buy GU when it makes its next higher low. On the other end, if GU opens weak, and breaks the trendline, I intend to sell GU...

uzzzma

last week was a rather slow week for uj. dollar weakness once again was evident with this pair opening on the downside. the analysis from last week for this pair still holds. overall the price should be headed to make a lower high at around the 104.4 level. take trades only when you have a few confirmations :-)

uzzzma

price on an hourly has formed a bullish pennant. a few possible setups can be taken upon confirmation. if the price rallies up, it will most probably show some resistance at the blue level before making the next move. overall, price is likely to eventually break the pennant and make a bullish move.

uzzzma

the week has started off with gbpusd on the upside with dollar weakness seen across currencies. as for technicals, GU was seen to have formed a double top at a very key level. If this level is broken on the upside and retested, a buy can be taken to the next sr level. if not there are 2 possible bearish setups, with the price rejecting the double top level again...

uzzzma

price for aud has been making higher lows. at the point the price is, the price may retrace before making a new high (marked tp1) and then go further to the next sr level (tp 2). if the price goes lower and breaks the higher low, wait for retest before taking a sell. tp can be set using a fib level as well

uzzzma

Euro has been having a good bullish run & has started to show some exhaustion. can take a sell from a lower high to the first SR zone as (tp1) and the second SR zone which is also a 38 fib retracement zone. Alternatively, price could continue rising. buy can be executed on a break retest to the next resistance zone.

uzzzma

price has been making lower highs for the past couple of months. likely to head up to the next sr level to make another lower high before it retraces from that area. on an hourly, an ihns can also be plotted, where the right shoulder is yet to be formed completely. if ihns forms, another confirmation for a buy.

uzzzma

gu can be headed for a bearish drawdown having retraced from a 61.8 fib level and forming a right shoulder for a hns patter. price has also broken out of a channel so retest can be a buy indication. awaiting confirmations for either swing setups.