Hello Traders ! We could see USDCHF going more down. Also we have seen a nice h4 reversal candle stick pattern as an addition confirmation. We have there a nice Supply Zone which is pushed the price down. I expect now the price to break the trend line and to retest it. At the retest we have a nice Supply Zone and I expect the price from there to make a nice...
Fatemi sapere cosa ne pensate o magari come siete già entrati a mercato!!
Let's see if we can make nice profit like yesterday by trading this pennant. Those who read my post yeastersay and took advantage of it, made 100% profit, lets try to repeat it today. Our set-up for this pattern will be the same as in my previous cases. As soon as green candle closes above resistance line, we will enter our trade and keep on placing trades on...
Hello Traders, GBPNZD is going to treat us very well this week if the pattern is correct. Most of the time when im reading the patterns, im getting them right so lets see how this will play out. I'm about to do a live trading video on it, so stay tune and wait and see. Trade Safe - Trade Simple Alex
On higher time frames (monthly / weekly) UJ is showing a triangle pattern, with a ranging / sideways market confirmed by the 50 EMA, we have no overall long term bias in terms of trend. Moving onto smaller timeframes, on the daily we have an ascending channel with a ranging market between the S&R, Now on the 4hr we have a rejection of the support, a break of the...
UCAD is forming a rising wedge reversal pattern. Price is starting to slow down which gives us an indication that we may soon reverse. Based on previous reversals for this pair it typically makes multiple rejections at resistance before finally falling. This looks like a really good opportunity next week. If resistance holds we will take a short position. I am not...
Do not be a wick careful. Potential support and resistance zones are on the chart.
NZDJPY has broken out of a descending channel and is currently retesting the channel. Look for a 100 pip move to the upside. I am not a financial advisor. This is not financial advice. This is for educational purposes only.
Big head and shoulder pattern for the AUD/JPY has finally completed. looking forward for up price movement.
Hello Traders, EURUSD was doing exactly what I was hoping for. My analysis said, its going to have one more low. And it did. I closed it for profit, it was £1400.- on this trade. Later on today will do a video on my channel, how I managed to get this trade and what my thought process was. Will do a bigger EURUSD analysis on this pair because the upside...
AUDCHF Potential Bullish Movement we are waiting for a momentum candle close above 0.6659 to buy this one Reason: 1- Regular Bullish Divergence on MACD (in red) 2- Objective Channel (in blue) 3- Support Zone from Daily Three confluences are enough to consider Buying AUDCHF, after a break below 0.6659 (in gray)
Fantom may break out of this bullish wedge. I have started accumulating FTM. If it does break out we go to mars.
iExec looks really bullish with a huge inverse head and shoulders. I would be in this coin for sure.
Bullish wedge forming on the monthly timeframe for xrp. My target price is 16c. if it breaks upwards we moon. XRP could be the next 10x coin.
Hello Traders, This is the time when these two major pair is about to talk to us. Let's see the EUR viewpoint : - The price is breaking out from the weekly trendline and it's making a beautiful pattern formation that we can recognise. The way to trade this, is now to wait for the confirmation and get into the buy. BUT here comes the USD viewpoint: - The price...
Good day Traders! From the daily TF, price has formed a bullish pennant which seems to be at (almost) its apex. It further confluences with support TL on H4. Any move towards my support TL in conjuction with pattern should conclude my bullish bias.