Arco-ir

Arco-ir

According to the GBPNZD situation it's a important price. because : 1. The waves shows that the slop of bearish legs is increasing and the time of bullish legs is increasing too. these two contradict each other. 2. we have a bullish trend line and a support level (2.20911 -2.21792) at the daily timeframe that price can revers there. 3. also we had a...

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GBPUSD can have a good opportunity for buy position. For these reasons : 1. the bullish trend line shows the bullish trend. and price can reaction to the trend line again. 2. intersection of the support zone and the trend line can make the bullish movement more strong. 3. RSI divergence shows that the price will decrease and then we can see the price...

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🔹In weekly timeframe we observe the pin bar on the resistance level that show the power of the sellers. 🔹also if we analysis the price waves or legs we'd notice that the bullish legs became weaker and smaller and the bearish legs became stronger and bigger. It's show the power of the sellers too. 🔸 Anyway, for got entry trigger we need the trendline to break...

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I have 2 scenarios for NZDUSD 1: Bearish scenario : according to last strong bearish movement it can continue bearish trend and break weekly support. for this scenario we need to break the 0.56880 support level and trendline first. if it broken it would touch 0.55921-0.55131 and then according to strength of trend, we will find out whether it can break this...

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EURJPY can be bearish for this 3 reasons : 1. The price hunt the important resistance zone (161.232 - 160.184) so the trend can revers at this price. and here is a strong bearish candle stick : 2. The bearish trend line of the daily time frame shows the bearish trend. 3.Also the RSI number (53) shows that we have space to move lower. Trigger : You...

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By looking at price action we can understood that the chart made a spike, channel , trading range. Perhaps it's a sing of bearish trend weakens; because it's show that the trend legs are not as strong as before and sellers cannot maintain the strength of bearish trend. Also the DXY has weakness in both the number of candles and the slope of the trend. ...

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the EURUSD had a bearish trend but can revers because : 🔹 legs : it's visible to see that the leg 3 it's weaker than last two legs and have less slope .it's can be sing of trend weakness. 🔹daily time frames' support level : the price close to support level so it's an other reason for reverse trend. 🔹last candle of trend : this candle is a big and strong candle,...

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EURAUD is in a bearish trend but it can be bullish because : - it is close to weekly time frames support zone. and also it's close to channel line of daily time frame ; and trend can revers at this support level. - if we check the legs of trend we'd noticed that the power of the bearish trend is decreasing. - in the weekly time frame we had a bullish trend and...

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USDJPY had a strong bearish trend it can continue this. we can see the lower heights clear its reveal that the bearish trend is still powerful. also on the daily time frame, we can see the sings of the power of the bearish trend. its broken the trend line whit a strong candle. and i think this trend can have an other leg. when i will open a sell...

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DXY was in a trading range now its brake that and pulled back. also its brake the trend line, its a grate setup. also we have a fundamental confirmation too. when the CB Consumer Confidence news was good for Dollar we just saw a bullish candle in 5M. However we see bearish candles later. its show us the weakness of dollar. - how much it can move...

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NZDUSD is in a trading range now the price in on the mid line of trading range. considering the bull momentum it can break this level. also the DXY chart show us the bearish trend. its broken the mid line of trading range and its can reach 102 level. when i will trade ? when its broke the mid line whit a candle and the candle must closed higher than mid...

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USDCHF is in a trading range the resistance level of trading range is 0.8592-0.8620. why here is a resistance ? -because its first try to revers trend after bearish trend. the buyers on this level bought USDCHF but now they are at loss so in this level they will sell to compensate for the loss. -also here is a TP for buyers that they bought on 0.844. and you...

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USDJPY had a bearish trend. and now its force decreased it can make a trading range or a bearish channel. anyway its can revers from trend line or 150-151 resistance level. also it can revers between them. and the DXY chart is interesting. there was no news during these candles and it was not in a high volume session either. so i think it can have some...

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EURUSD is in a trading range now but i think its can brake up this. because : 1. higher heights 2. 3 hunt to the resistance level 3. weakness of dollar here is DXY chart . you see that the DXY is in the trading range for 7 days. the trading range can revers the trend. and you see the shadows of candles in 104 price. and the 4 hunts to the support level...

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EURUSD is in a trading range. its has important situation. and we must consider its reaction to the 1.083 price. i have tow scenarios : - its can break up the 1.083 and then it can reach the price of 1.086-1.087. - its can beak down 1.080-1.079 and then it can reach 1.076 and even 1.072. Actually i think the bullish trend can happen. here is a bigger picture...

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GBPUSD is on the support level of trading range the 1.2884 - 1.2877 level revers price for 2 times. its can revers the price again, usually the support and resistance revers price for 3 times. and the DXY chart show the bullish trend. its had 3 string hunt whit the support level. also you can see lower lows and lower heights. so we can conclude that the...

Arco-ir

GBPUSD is on the support level of trading range the 1.2884 - 1.2877 level revers price for 2 times. its can revers the price again, usually the support and resistance revers price for 3 times. and the DXY chart show the bullish trend. its had 3 string hunt whit the support level. also you can see lower lows and lower heights. so we can conclude that the...

Arco-ir

USDCHF in a bullish channel now. but its broke that and now the bearish trend can start. something that makes me doubt is that the price just hit channel line 2 times. and usually the channel lines can reversal price 3 time. so its show that this scenario is risky. but i understand some reasons that show that the bearish trend can start : 1. the lower heights...