Hello Traders Welcome Back. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. *** Please consider to put a like to my idea...
USDCHF is trading in a bearish trend. the price is steadily falling within a channel. on 4H the price is currently contracting with a descending triangle formation. it is the classic consolidation pattern and the side of its breakout will show us the midterm direction of the pair. in case of a bullish violation of the resistance line of the triangle, goal...
Hello Traders Welcome Back. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. *** Please consider to put a like to my idea...
Hello Traders Welcome Back. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. *** Please consider to put a like to my idea...
USDCAD reached a resistance line of a major channel on a daily. on 1H the price is forming a double top formation on its boundary. to trade with a confirmation, wait for a 1H violation of 1.3216 minor support. then short the pair. target levels: 1.3186 1.315 in case of a new higher high formation, setup will be invalid
on Thursday NZDUSD broke below a 4H structure support. the breakout is considered to be confirmed and on Friday the price retested the broken level. Friday's high momentum bearish candle indicates the prevailing bearish sentiment. on Monday the price will most likely keep falling! those who will trade the market opening will have a perfect opportunity to sell...
For those concerned about $GLD $IAU $SLV going up long term, look at this as a multi-day/week event. It will go up, but it likely needs to pull back more first. It's not news/media that's pushing this down, but rather simple mathematical Fibonacci trends and channels that are following through. $DXY (the US dollar) will continue to rise until it either hits the...
Equilibrium is @ 92.745, and major resistance is 92.8
EURUSD broke and closed above the resistance line of the horizontal decision range. now the breakout is considered to be confirmed, and it is a clear bullish sign for us. the expansion to 1.2 level is highly probable. however, note that the last few candles are very weak. it looks like the market is relatively overbought after a breakout. for that reason, look...
Welcome to the Day Trading Setup (USDCAD)! This is my personal view of price action *** 6 Six hours Tendency to rise *** Forex Swing Buy USDCAD Entry Level @ 1.31374 SL @ 1.1.31032 TP @ 1.33947 (Remember to add a few points for all levels - different brokers!) *** Leave us a comment or want to keep our content free and dynamic. Have a...
When a role exchange takes place, prices naturally rise to a higher price than before
After testing the breakout area, the trend will go down
The upside will break the trend and re-test the area
Pivot 106.80 Our preference Short positions below 106.80 with targets at 106.40 & 106.20 in extension. Alternative scenario Above 106.80 look for further upside with 107.05 & 107.15 as targets.
EURUSD is currently stuck within a wide horizontal trading range. because the trend is still bullish, we keep being bullish biased and expect a bullish continuation. however, it is very risky to buy the market from current prices. to catch the next bullish wave I would suggest waiting for a bullish breakout of the resistance of the range on 8h. then we can...
He gets close to breaking the proverb and climbs up to repeat the test