Fxtrader
NZDCAD: Our Confirmation Finally 🇳🇿🇨🇦
As you remember, traders, we were monitoring NZDCAD last week.
We were patiently waiting for a neckline breakout of a double top on 4H.
It's finally broken now and we already opened a short position with my VIP members.
I expect a bearish move now to 0.7959
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EURCAD 4H SwingEURCAD is about to start a new Bullish Trend that will provide around a 1:20 if the setup comes. I have the 15min shown here. As divergence forms, I will enter market with buy orders and swing it all the way up. We are sitting inside a Daily Supply Zone from years ago, this will be insane.
AUDUSD: Your Trading Plan For Today 🇦🇺🇺🇸
Hey traders,
AUDUSD is currently trading within a peculiar zone of confluence:
we see a perfect match between a recently broken horizontal supply area and a falling trend line.
I expect a bearish accumulation within the underlined area.
Your confirmation to short will be a double top formation on 1H time frame.
0.6844 - 0.6854 is its neckline.
Wait for its bearish breakout (you need an hourly candle close below),
then sell on a retest.
Target will be 0.677
Stop will be 0.69
If the price breaks a yellow zone to the upside, the setup will be invalid.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDUSD: Key Levels to Watch 🇳🇿🇺🇸
Hey traders,
Here is my latest structure analysis for NZDUSD pair on a weekly time frame.
Support 1: 0.614 - 0.6205 area
Support 2: Falling trend line linking lower lows
Support 3: 0.591 - 0.593 area
Support 4: 0.547 - 0.55 area
Resistance 1: 0.654 - 0.658 area
Resistance 2: Falling trend line linking lower highs
Consider these key levels for pullback/breakout trading.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDUSD: Very Bearish Setup 🇳🇿🇺🇸
We shorted NZDUSD with my students this morning.
Reason: the pair formed a cute double top after a pullback in a strong bearish trend.
Now we expect a retest of a current low - 0.6208
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
USDCAD: Key Levels to Watch This Week 🇺🇸🇨🇦
Hey traders,
Here are major key levels for you to watch on USDCAD this week.
Resistance 1: 1.2659 - 1.277 area
Resistance 2: 1.28845 - 1.29 area
Support 1: 1.24037 - 1.24792 area
Support 2: 1.22875 - 1.232 area
Let the price reach one of the key levels and then look for trading opportunities there.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
USDCAD 4H LongUSDCAD has been on a tear recently, and technicals are telling me its about time for a reversal to occur. The 4H is currently inside a small Demand Zone and RSI is forming a very nice Divergence. Im waiting for the close of the 4H candle before going in, but i do believe we should see a small bull run for a few days. Stop losses should be right below the zone and target will be at the above Supply Zone. Let's get it.
AUDCAD - IN THE BUY ZONE!!FX:AUDCAD is sitting in the Buy Zone.
We have a real nice AB=CD GArtley down to 0.9300. Below 0.9280 and this pattern is wrong but it has an upside profit objective @ 0.9630 which would complete a 3 Drive pattern going into the 4th of May if time and price are right.
Simple but effective. Small risk big reward. 👍👍
Enjoy the week.
As always post your thoughts and ideas..
AUDUSD - 3 DRIVE INTO FIB LEVEL!!In the AUDUSD this morning we are in the later stages of a 3 Drive pattern into a 61.8% Fib level.
There hasnt been a decent retracement to sell but now im thinking this could be the start of the first retracement to take us back up to the 0.75 area and if there is a nice ABCD pattern back up then that will be the chance to flip from long to short.
Monday morning thoughts.
Let me know what you think or do you see something else.
Enjoy the day.. 👍👍