Hey traders. Hope everybody is well! A lot of work had been made for the past 2-3 weeks. All of my analysis hit the targets and now are sitting at the major key level of support/resistance 94.50-95.20. I personally think we need more time to give to the market to develop some sort of price action. If we are stepping down to the Daily timeframe - we can notice...
As I told you on the previous week I still see the strength of the US dollar. Daily timeframe on USDCHF. Only two main psychological levels for me - 0.9100 and 0.9300. We can clearly see we already formed 5 Elliot waves. Once the 5th wave was hit our support level - the price starts to reject. Why? Is it only because of the support level? Yes, but also we got a...
Hey traders! Previous week was very profitable for us. And now I see finished structure on the daily timeframe. We can notice we got a false breakout (LL). The question is - HOW did we break that level? HOW did we move to that level starting from the top? Price moved very correctively which means we CAN get a reversal now to the upside. There is still major key...
Hey traders! Today I am looking for EURAUD long. Daily timeframe - clear trend to the downside. According to the nature of the market - the next what will happen is a correction. I found some good resistance at 1.5800. So according to the Fibo - it is also very good and strong level. Keep you updated on this one
GBPUSD is ready to come back to our support region. Let's see
EURUSD is ready to hit our another target. Back to the support region of 1.1550. Will wait for 4H close and see what happen next
GOLD is not a pair which suit my trading plan and trading in general lol, but there is a good setup and I would like to share my critical levels on this one. Let me know what do you think?
Hey traders, let's have a look on EURUSD Daily timeframe. All of the major news announcements finally finished so we can now start to look for the freshly charts , and maybe new market structure and behaviour. So daily timeframe. What can you see? Strong trend to the downside. There are two major key levels. Our support area at 1.1550-1.1530 and our resistance...
Hey traders! Here you are another breakdown of the USDCAD. Recently I had long position but it was closed at the BE because of the yesterday's news. I do not want to dive deep into the economic announcements as I prefer and trade ONLY technicals - so here we have interesting situation. Before news - was very easy setup - simple formation of HH,HL - trend to the...
Let's have a look on the GJ 4H timeframe. Once the price creates new maximum at 158.23, fail to create another new HH and starts to come back to the region of 156.000. We are sitting is a very strong support level now. I am sure that a lot of traders start to buy now. But I still see further bearish move to the downside.. My main target is 154.000
A good and visible reversal is coming for GBPUSD. We already formed 5 waves of Elliot. And potential new wave to the downside is already formed. Also on the daily timeframe we got potential new LH (lower high). So for the next week waiting for some pullback in order to open my short position
Very key level is coming on EURUSD here. Daily timeframe. Clear trend to the downside. We found a good support area at 1.1530-1.1550. Also formed a descending channel - reversal pattern. On the daily timeframe we also formed 4 waves already. So definitely waiting for the last one! The first region of resistance for me is 1.1700 (psychological level). The next one...
Hey traders! Hope everybody is doing well! Let's have a look on EURUSD 4H timeframe. We have clear trend to the upside. On this particular week our minimum was at 1.1952. My main daily support level for the past 2 weeks was 1.1900 and we didn't hit this target but were very close to. According to the trend direction to the upside - MY MAIN TARGET IS 1.2300! The...
Hey, I got some interesting setup on AUDUSD. To be honest with you, I do not trade this pair but decided to take advantage of it. SO my TP is 1.7700 some psychological level.
Let's have a look on USDCAD. Firstly, what is the nature of the market? Clear descending channel on 4H timeframe, which means that reversal is coming. But nobody want to trade against the trend, right? We have created the minimum at 1.2600 and from that point price starts to move very hard to the upside for +- 130 pips. The structure (descending channel) didn't...
Hey traders, how is everybody? Nice to share with you my perfect entry on EU. Beautiful rejection from my daily support. The new formation of HL was formed already, but I was waiting for more confirmation. And here you have the next impulse to the upside and break of my intraday level of resistance at 1.2150. Then waited for a simple retest of the structure and...
Hey guys! Let's have a look on GU of 4H timeframe. Now we are sitting on the main level of resistance (4H and Daily as well). Gonna wait for new impulse to the upside according to our trend. But on a Daily timeframe we can notice ascending nature (channel) and we know this is reversal pattern. So the new impulse to the upside should appear and then wait for a...
What the end of 2020 in Crypto world! Starting from 2021 it is a lucky change to step in crypto market! Nobody says that we are looking only for LONG lol but XRP is now good region to buy! As you can see new impulse was already formed. And now we got potential new HL formation and very strong level of support at 0.2550 (psychological level). Personally me - will...