EURCAD I Follow the market structureWelcome back! Let me know your thoughts in the comments!
** ERUCAD Analysis - Listen to video!
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Structure
EURAUD I How To Trade it This Week! 🚀Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
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EURAUD I Intraday long trade idea Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDJPY Same Sell, Choose The Best Pair
So similarly, AUDJPY has the similar sell price action like CADJPY.
Its important to understand currency correlation, and why we need to choose the best 1 or 2 pairs of the same currency to enter.
IF JPY is going to get stronger, then likely all the JPY will move. But if we are wrong on our analysis, all the JPY could reverse.
So its in our best interest to reduce our risk in trading, choose and focus on the best potential setup in the market.
Ideally, we need to wait for the bearish continuation correction on the lower time frame to confirm another move down.
CADJPY Clean Sell Setup
Hello traders:
CADJPY is looking very nice for some short term bearish continuation sell.
We can see on the mid time frame, price has created a double tops, with a bearish reversal ascending channel correction.
Indeed price has impulse down from the correction, and now on the lower time frame, is consolidating.
This is a good sign we can see more downside move from the price. Wait for bearish correction to confirm the sell.
Thank you
Silver Higher Time Frame Outlook
Hello everyone:
Most of the time I only focus on technical side of things, but this time I will go over both the fundamental and technical of Silver for the long term.
Silver was only trading around 8-9$ around the 2008 market crashed, and peaked at 50$ in 2011.
IT had slowly but surely dropped down to the lows again around 13$ in end of 2015.
Understand that the price of silver can not go lower as there are many cost associated with silver.
Whether is production, labor, inflations..etc. Price is not sustainable at low cost. Which leads to people understand the likelihood of price rising again.
On the other hand, purely from a technical perspective, we are see a period of consolidation phrase from 2015 - 2019.
If Covid didn't happen, price wouldn't test the lows of 2013 again. Regardless of the short term push down, we see price had the massive bullish push to the upside, clearly break all previous highs.
This can be the start of the HTF bullish run. Latest price action shows us a big potential consolidation in the making. Can be the next continuation correction to push the price up.
My approach would be wait for this HTF correction to complete tp give me more confluence that we are likely to resume the bullish move to the upside, and wait for LTF continuation correction for the buys.
Thank you
Institutional Supply: OIL ShortHi trader,
Been a while that I've posted a chart due to very busy developments within the community. Never the less, I cannot skip this beautiful looking chart!
Look - oil had a gap up due to the OPEC news right? Ah who cares about fundamentals... all we care about is that price is currently moving towards our key supply area, and as you've seen these zones can be very special!
As always, I like to keep my trading simple and always have the same rules! For this chart again (suprise) I am waiting for price to chill-out within our zone and show me a clean 4hour entry pattern based on our entry candlestick script.
Let's see if we can short this one soon!
Kind regards,
Max Nieveld
GBPCAD Short Term Bearish Possibilities
Hello everyone:
Similar like GBPUSD, we can see GBPCAD here is looking like there is one more short term move to the downside.
After the initial move up to the previous highs, price failed to continue higher, and formed a double tops, rising wedge reversal.
At the of the week, some bearish price action has begun on the lower time frame.
Be interesting to see if price can form bearish continuation price action, that can confirm one more short term move down within the larger, higher time frame correction.
thank you
GBPUSD Could Reverse, Watch For Bearish Price ActionHello traders:
GBPUSD is currently at the top of its higher time frame correction.
What's interesting is price is showing signs of bearish price action at the top, with bearish reversal development.
This week be on the look out for, bearish impulse phase on the lower time frame to kick off the reversal momentum, a
and wait for continuation correction to confirm the sell before entry.
Thank you
ETHUSDT Trading Plan---X--- : Potential reversal
square : demand and supply
The analysis is based on ORDERFLOW.
The trend structure in H4 is bull , so we are going to entry long positions before becoming bear .
We could identify some demand and supply zones by orderblock regarded as a large-scale buy or sell zone .
It was mentioned above , the trend is a going up , therefore we will hardly entry short positions , ALWAYS FOLLOW THE TREND .
There are 2 opportunities to trade
Long : 1675.74
SL : 1653.23
TP : 1886.46
RR=9.36
Long : 1632.18
SL : 1610.31
TP : 1886.46
RR=11.63
if price goes to the yellow line before reach our limit orders, the trades should be cancelled .
USDJPY I Local short from resistance zoneWelcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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NZDCHF Same Bearish Outlook, Short Term Sell Setup
Similar like NZDUSD, we can also expect a bearish development on NZDCHF.
As usual, after an impulse phase, price formed a continuation correction to correct the impulse.
From the correction, there is a confirm impulse push down the price. This is good confirmation of bearish trend.
Now price has form another smaller correction,
watch for price to break out and look for lower time frame entries to sell to previous lows.
NZDUSD Bearish Development, Watch For Sell
Hello traders:
Here on NZDUSD, we can see price is currently consolidating in a possible bearish correction structure.
After the initial bearish impulse move, the price fails to break the previous swing highs, and begin to form the current correction.
This is usually a good sign that the bearish momentum is still strong and more continuation is very possible.
Wait for lower time frame development to confirm the bearish trend to the next swing lows.
AUDUSD Can Push Lower, Wait For Sell Setups
From previous outlook and forecast, we can see price has indeed pushed lower impulsively on the mid time frame.
Now we can see price has already break previous lows, and start to consolidate again. This is good sign for more downside from the price, as long as a continuation correction is formed here.
This week, wait for the correction to complete, to confirm another impulse phase on the lower time frame.
Be careful price sometimes has tendency to turn the current correction to be a reversal, so break above the highs and form bullish price action will void this forecast and outlook.
US30 I Short-term short from resistance Welcome back! Let me know your thoughts in the comments!
** US30 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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NAS100 I It will retest weekly level and fall short-termWelcome back! Let me know your thoughts in the comments!
** NAS100 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USDJPY More Downside Potential, Wait For Sell Setup
USDJPY has been pushing down since it hits the previous highs to form a double top.
With a ascending channel correction, price indeed reversed down impulsively, and form continuation correction along the way.
Bow that we have push down more, and another consolidation has formed, usually give us a indication of more downside opportunity.
Wait for current correction to complete to push the price down even more to previous lows.
Analysis EUThis is my analysis of EU going higher passing my blue after and pullback or retest. It already break an previous high on the 1hr. Therefore on the daily, it is fulling in all the orders to the left from that big drop. Reaching for the next recent and relevant high. Thank you for reading!