Hey traders! Hope you are doing well and have a good weekend! Let's look on out first currency pair USDCHF. The overall trend on HTF is clear to the downside. I can see a range between 1.9200 - 1.9035 (160 pips). Also we got H&S pattern on lower timeframe which gave me more confirmation about trend reversal. On 4H timeframe you can notice a lot of wicks rejection...
What can you say about this area of support? The trend is still look to the downside but we can catch the potential formation of NEW HL! Have a look on the 4H timeframe and our TP. I will definitely look for my entry on this pair.
Hey traders! Hope you are doing well! To be honest with you, there is nothing special for me about the markets for now. Still there is an indecision between bulls and bears. According to my main list there is only one pair for now. It is GJ. Higher timeframe shows me the bear strength and think it will continue. So for now we have a range between 134.000 -...
Hey traders! Hope you feeling good and US Election didn't hit your trading account =) I got a good area for AUDUSD here. Resistance area. Will try to sell the pair with RRR 1:2. Actually on the 4H timeframe we can see a good trend to the upside. The trend can continue but definitely after some pullback. You can clearly see our support level according to our MA50...
Hey to everyone! As I mentioned before my main target on GJ was 134.000. We still didn't get to that region, but hope that we get. New LL was formed at 134.411 and we got huge impulse to the upside which potentially can tell us that new HL appears, which is telling that we have to look for long position. Will be patient on this one and see what can happen. Will be...
that SL is good for now)) Lets see how deeply we will go
I keep my eye on this currency pair as well! Clean setup for me according to my trading plan. My first target is clearly see on chart
Just look at this pair! According to my trading plan it is the cleanest setup on NZDUSD. Double top on 4H timeframe and then the retest of the previous structure. Right now we slightly broke that region but at the same time we create ascending channel so definitely will look for short position. If we will brake the structure - my main target will be previous...
Hey traders! Happy Saturday to everyone! Hope you are doing well! Let's remind our last week especially on GU. Zone 1.3000-1.3025 was very strong for me. My main target was pretty far and price didn't get that region. Anyway we were 2% profit (trailing stop) and I am happy with that. What do we have now? Our main support/resistance region was broken, and...
Hey to everyone! Hope everybody is doing well. After a good short on GBPUSD which we made today, I got another setup on GJ. The Pound weakness is still continue so on 4H timeframe we got a double top formation and new impulse to the downside was already formed! I am gonna patiently waiting for some pullback ( according to MA50 or another double top formation)...
Very similar situation to my previous post about NZDUSD. On higher timeframe we can see huge impulse to the downside. Potentially we have created a perfect zone (resistance zone) which you can see on the screenshot above. I just follow the nature of the market and from that perspective realise that now we are in Correction form. I put an alert as well so we gonna...
That currency pair is on the main watchlist for today/tomorrow. Put an alert and wait how the price will react on that region. On the higher timeframe we got a perfect double top formation, and huge impulse to the downside was formed. Potentially we have created a beautiful area of resistance. SO keep my eye on that region.
EUR/GBP bigger picture looks good.We got a huge impulse to the upside. Now the correction is forming. Inside of this bull flag we got a nice support area, which means it is a potential a new HL. From this perspective I will be more bullish and 0.9250-0.9270 area is very likely. Lets see how this will play out.
Hey traders, perfect setup for me on USDCAD. On all timeframes we can see beautiful pressure from Bears on this currency. On 4H timeframe we got double top pattern, and from that point we see beautiful impulse to the downside! Right now we got a flat flag (continuation pattern) and nice support level on 1H timeframe. Actually we already broke that level so waiting...
Hey to everyone! Just a quick review about this currency pair. Got a nice setup and we can clearly see a reversal in the market on that particular currency pair. On the bigger picture we see clear trend to the downside, however, if we will look at 4H timeframe we can notice a reversal on the market. Me personally, I am not gonna rush this pair, but the target...
Hey to everyone, hope you are well! Last week was in a good profit for me, still have open short position on GBPAUD, which is currently moving in loss, feeling good. Wanna share my main list of 5 currency pairs, here you are: 1) AUDNZD - on this pair we got a valuable area on higher timeframe H4, D1. The overall trend is to the upside, so looking for new impulse...