In our previous analysis quoted above we have referred 2407 area as the area of retracement as there is strong support in that zone. and as we predicted the same happened the market retraced from than zone and again hit back the zone creating a DOUBLE BOTTOM and again goin up to nearby resistance zone. support and pivot 2407-2405 if this area is not breached...
very nice set up for GOLD sell, entry 1783.5 , stop loss 1788. take pprofit = 1773 , after 4 point profit ,,, close half and move SL to breakeven !
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. US30: Out for +4.59% Full analysis/forecast: ZDJPY: Out for +2.09% Full analysis/forecast: AUDJPY: Out for +1.47% Full analysis/forecast: AUDUSD: Out for...
Hello trader :) Here we are in 2022. Very happy to be here once again to start putting out analysis and forecast. All my family is safe and sound and happy to include one more member in our family. First post of 2022, lets get start with AUDUSD. We can see after price made a strong bearish impulse down, price begin to fall into a correction. It slowly move...
Ada price prediction Date: 2021/11/2 It's not a financial advice.
After some alts run, BTC may continue its upwrads trajectory. Trade safe.
Hi traders: Aside from all the recent news on AMC and other stocks, lets talk a look at the technical sides. We see price was at all time lows of $2, seemingly going down more. However, price action may give us clues on the overall future. From the all time highs of a double tops, price pushed down and then formed continuation to push down further. But, it...
is it only me or those two seem pretty similar? we are now looking at the hrs chart, and IMO it is the start of the bull trend. 2 big green candles in the hrs, which looks like the 2 that also the XRP chart had shown before its enormous climb. I am bullish on this one, planning to reconsider my position once it reaches 1.8 USD ($), expecting a 3X in the...
Hi traders: Also keeping an eye on CADCHF's price action for the sell. We can see a clear HTF double tops, and price moved up correctively in the ascending channel. Sharp, LTF impulse phase broke down, and now is consolidating to form another correction. I would wait for this LTF continuation correction to complete and look for sell opportunities down to the...
Hello everyone: GBPAUD has nice bearish price action that could give us a sell opportunity down to the previous lows. We can see that there is a clear bearish LTF impulse phase that broke out from the ascending channel structure. This is a great indication for further downside potential, as long as we see a continuation correction to develop and complete to...
Looking like a nice bull flag that has formed and broke for entry, we look like we are past the mental zone where SL hunts would be developing also
Still holding a buy idea on eurusd as I anticipate DXY weakness next week. big driving factors are DXY price action More stimulus checks
Over the past half year, the price has risen from position 1.078 to position 1.234. This is a very strong growth for this asset. And one could expect that soon the price will stop growing and will correct upward through the fall. At the same time, at the price high (1.234), a Head and Shoulders pattern is formed. The pattern has formed tops + a clear initial...
Hello traders: Eyeing USDCAD for the bullish price action to come into the market. We see the latest price is currently forming a corrective structure near the bottom of the HTF swing lows. Currently price is still in the correction, so dont jump into yet. What we want to wait for is a clear breakout from this correction, and look for continuations. Thank you
Wait for signal for long or short. For short wait for breakout and pullback to resistance. For long wait for some candle pattern.
hello guys, new opportunity on the audusd, pattern completed today, we go long even though the COT tell us that futures traders are bearish on aussie dollar. see u soon, doc cds