hi everyone: EURJPY has the similar bearish price action like more of the other JPY pairs. Price had the clear bearish impulse down from the Head and Shoulder pattern, and begin to form this ascending channel like structure. Latest LTF price action showed an impulse push down, out of the channel structure, could be a indication that we are going to be in the...
Hi everyone: NZDUSD is showing good price action structures for further downside opportunity. Price has been in this large HTF parallel channel for quite sometimes now. We see a double tops, and price impulse down from this ascending channel. After a strong bearish impulse, naturally the market needs correct itself. We see latest price action begin to form...
Hello everyone, here is the top-down analysis for AUDNZD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Good Morning to Those Who Sleep in Late Just a quick review of OMG on this Canadian Thanksgiving weekend. So it looks like we can casually see that OMG has been on a gradual upwards movement each 90 days showing a nice 30% price increase during these periods and the angle of assent has been a somewhat reserved 22%. I believe we can see OMG continuing this pattern...
Hi everyone: Liking the price action on ZOOM for bullish continuations. Price has already impulse up from the previous HTF correction, and has begun forming this triangle like structure. Good sign for more bullish momentum to keep going up. Just like my previous analysis, I would wait for the confirmation breakout from the current structure, then look for LTF...
Hello traders: GJ is finally giving up good confluences for the continuation short. From the higher time frames, the price impulsively broke out of the larger correctional structure and start to form this ascending channel. This is good indications of a continuation, and waiting for the correction to complete is ideal to look for sell entries. Now we see the...
Hello everyone: Lets take a look at AUDJPY's higher time frame. When we look at the price action before the Covid pandemic, we can see that there was a larger ascending type of channel to correct the price, then a sharp move on the intraday to push the price out of the channel. We then see a period of consolidation, good correctional structure was form then...
Hi traders: USD is looking great for upside continuation's. We see price impulse out of the previous channel structure, and bullish momentum to the upside. Price is currently at the previous tops, forming correction. Good indication we can expect further USD strength to come in. Wait for the confirm breakout to the next tops. Thank you
Hello traders: EURNZD once again shaping up for another sell setup from the top. We see previous price action had the bearish move down, but failed to continue to the recent lows area. This is a indication that the correction of the HTF is yet to finished, and price is again at the top of the the overall structure. Same approach as my previous analysis, I...
Hi traders: AAPL is shaping up to be a good buy setup on the LTF. Price was in this descending channel like structure, correcting the price down. Then we see a LTF impulse up, and formed this continuation correction, good signs for further bullish momentum. Look to see what happens in the NY session when market opens, I would wait to see if a LTF correction...
Hi everyone: Looking at EU for more downside movement. Price was in this overall ascending channel structure, correcting the price. Latest price shows a strong bearish breakout from this correction, can be the first sign of bearish momentum resuming. I would wait for a LTF correction to develop and complete to give me the positive confluence to enter a...
Hi traders: Looking at GBPUSD for the next bearish run on the higher time frame. Here on the intraday chart, after price dropped down from the top, we see a period of consolidation of price. Few structure were formed to correct the overall down move, and latest price shows us some good reversal price action. We see a recent double tops, and a reversal...
Hi traders: AUDUSD has been in this sideway consolidation for quite sometimes now. Latest price action we finally see some bearish momentum, and LTF impulse out of the larger structure. Since the LTF move was very strong, I would wait for a small correction to develop here and look for the next sell entry down. Look for previous lows as a first potential...
BITCOIN TECHNICAL ANALYSIS VOL.1 BYC/USD
Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is currently inside the Ascending channel and has hit its support. One can go for a buy. Let us know your views on this in the comment section. Thank you all. There is...
Hello Traders! We are already in buy in btcusd but now BTC has formed a strong pattern that can break my key level to the downside but the chart is very clear and we will end in profit in both cases. If it breaks the trendline to the upside it means it's heading towards the 11960 key level. If it breaks the trendline below it will move down and our target will...