Will we begin to see USD/CAD start to push that 1.27100 resistance level or is this a false breakout before we break back below resistance. Not the most ideal breakout and other USD cross pairs are still holding on a H4 key level so be mindful of that! What are you looking for?
Starting to see all quote USD pairs selling off heavy into the London session. USD/CAD breaking structure and looking to get back up to 1.28566. Are you taking action on this USD strength?
Are we going to start seeing some USD weakness come into the markets for the week? USD/CAD still consolidating within its range from the analysis posted on the weekly outlook so I cannot confirm a general market direction however, we are looking bearish as we push into that support area around 1.25793 With all the USD cross pairs breaking and closing above...
Incoming High Volatility Resembling 'Black Tuesday' Increased spending, debt, inflation, and uncertainty are getting out of hand as well as political instability and international tensions during a pandemic and a recession. We may never see a crash like 'Black Tuesday' again since strict regulations were implemented, but chart Indicators are showing high weakness...
Good day, dear traders! There is our weekly watchlist short analysis. According to the situation with Bitcoin the market is in a kind of flat. However we do have interesting formations that possibly can gives you a cash) Watch this video and add these coins to your watchlist if you are also interested! Make sure to follow your money management and have...
Progress----2000+ Potential Pips. 1:10 Risk Reward Ratio.
Good morning traders! First pair on my watchlist for today is EUR/JPY. Looking for a break and retest with a wick rejection around this key level. Price has recently broke the trendline and started to set new bullish structure.
Good morning traders, been a slow start to the week on my end, markets seem to be overextended on majority of the pairs. Going to remain patient and wait for setups to align.
Morning traders, Hope everyone is having a fantastic morning. I thought I would share a pair that has been sat on my watchlist all morning. I have been monitoring this pair for the last 2 hours and seen that price has started to present bullish structure. We see price creating higher highs and higher lows. I am expecting price to hold the retest level marked...
Good morning traders, hope you are all having a fantastic morning. Just recently entered my first position for the day. (H1) - Mini structure break and retest in between the current high and low. Should see continued bullish momentum as we have just recently come off a strong double bottom. (M30) - Nice strong rejection coming into the key level followed by a...
TP hit on this mornings analysis. Unfortunately I didn't enter this position as I was away from my desktop and didn't expect the market to react so quickly. However, on the bright side the analysis was correct and we move onto the next one.
Descending channel maintaining nicely, want to see some stronger rejections centred around key levels before looking for an entry.
Good morning traders, we have a potential break and retest on GBP/USD. Price failed to break lower showing a double top before breaking higher. Will be monitoring how the hourly candle closes before looking for an entry.
Contract - CME_MINI:MNQH2021 - High - 13474.50 - Low - 13450.25 Evening Stats - Gap: = N/A - Session Open ATR: 204.61 - Volume: 13k - Open Int: 230k - Trend Grade: Bullish Key Levels (Rounded - Think of these as a range) - Long: 13500 - Short: 12750 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions...
Set up lining up nicely. Price has started to react around the level marked (bottom blue zone). Looking for continuation of bullish momentum.
First position of the week has been taken using this beautiful break and retest. Currently running risk free with 50% partials taken off. Leaving the rest to run.
Currently sat at 1:1 from yesterdays analysis.
EUR/GBP (H4) - After consolidating since the 28/09 we seem to have finally broke out the consolidation zone. I was expecting a more impressing break so a rally back into the zone before properly breaking out may be in the cards.