Update for AUDCAD. As you remember I am very bearish on the pair. For a couple of days, I was looking for a confirmation to sell. On Friday the price reached a strong horizontal resistance level. On that, the price formed a double top formation and broke below a support line of a rising wedge pattern. The pair will keep falling. Initial target - 0.906 ...
AUDCAD retraced to a confluence zone: The underlined blue area is based on a major falling trend line, a horizontal structure resistance and 618 / 50 retracements of the last two bearish impulses. From that zone, I will expect a bearish move to: 0.903 0.899 ❤️Please, support this idea with like and comment!❤️
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
It looks like a correctional move started on Dollar index. Here are the key levels for you to watch: Vertical levels: The market is currently trading within a huge rising parallel channel. Its upper boundary is the closest resistance to watch. Its lower boundary is the closest demand point. Horizontal levels: 97.5 - 97.4 is the closest horizontal supply...
Hey traders, CADCHF reached a peculiar zone of confluence: we see a very nice intersection between a major rising trend line on a weekly and a daily horizontal support level. On that, the price formed a double bottom formation on hourly time frame. I expect a pullback to 0.7275 ❤️Please, support this idea with like and comment!❤️
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Multiple time frame analysis on EURUSD. Structure analysis & key levels. Trading recommendations & thoughts. ❤️Please, support this idea with like and comment!❤️
Here on Eurjpy we have a price breaking through and retesting our Trend line. Both Moving averages show that price is bullish. Price action shows buyers are gaining more strength in the market. We previously had seen Liquidity to the downside and now bulls are regaining strength and i believe price will reach previous highs at - 130.000.
Multiple time frame analysis on AUDUSD. Price action & structure. Trading recommendations & directional bias. ❤️Please, support this idea with like and comment!❤️
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
If you’re steadily following my daily publish you’ll discover that, the market is steadily obeying some key levels. Studying the chart on a 1H time frame, I can see a feasible 30pips bull run from this current state. Tho, no strategy is 100% current but with my view, the market changed structure from the bearish movement to an invisible bull run. I used the word...
Yesterday’s market shows that GPBUSD as been ranging throughout the day. The market was unable to break the high of a day before and like wise unable to break the low as well. The analysis as shown that GPBUSD is gathering up for a volatile breakout. The breakout in GUBUSD should be Carried out between today’s market or a day after. No concrete evidence yet to...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The breakout of USDCAD is still at stake in as much the proper retracement as not been done yet. The proper confirmation will be made base on the current downward movement of the usdcad market. If the order block can spike up the market once more then there’ll surely be a visible usdcad bullish this coming week. Let’s calmly wait and give chances for the market to...
Let's take a trend-following long trade on AUDUSD. Reason - retest of a broken key level & positive bullish reaction from that. The pair will most likely keep growing now. Buy. Please, support this post with like and comment!
It’s been awhile I traded usdcad but I felt the current structure I’m seeing might be useful. Let’s see how things will go on it.
Here is my prediction for EURUSD, the pair is strong obeying the trend line and there’s also a psychological level confirmation.
EURAUD is in a sharp downtrend from the end of September. Being heavily oversold & reaching a key level, the pair formed a double bottom formation on 4h. With a confirmed neckline breakout, chances are high to see a bullish continuation. First goal - 1.575 ❤️Please, support this idea with like and comment!❤️