NASDAQ 4H TIMEFRAME 1. Trend and Structure • Current High and Monthly Resistance: The NASDAQ is currently at a high of 18950.0, facing monthly resistance, which is indicated by a bearish candlestick. • Monthly Support Levels: The index has broken above the 18390.3 level, which is a significant monthly support level. 2. Support and Resistance Levels •...
TRADE IDEA: EURCAD 4H looking for a long term bias as the market is trading above the bullish flag anticipating for buying opportunities. NOT FORGETTING WE HAVE CAD FUNDAMENTS AT 2:30 PM
TRADE IDEA: EURCHF @1H market strongly pushing to the downside after breaking below the bearish flag indicating a continuation of a downside,aside from that the market is currently trading below the broken trendline indicating a start of a new structure.
Based on the recent fluctuations in the exchange rate between the US dollar (USD) and the Zambian kwacha (ZMW), it's evident that there has been volatility in the currency pair. The exchange rate dropped from 1 USD to 27.18 ZMW to 1 USD to 26.90 ZMW, indicating some instability. However, more recently, there has been a further drop to 1 USD to 25.35 ZMW. My...
EURJPY UPDATE📣‼️: EURJPY finally managed to close bearish below 160.975 resistance as am anticipating for market retracment.
TRADE IDEA: GBPUSD @4H also been watching this pair from yesterday and today still seems our setup is still valid as we are in a bearish continuation pattern, am anticipating more selling pressure to break to the downside support 🔽📉‼️
TRADE IDEA: EURUSD @4H been looking at this pair yesterday caught some good pips yesterday aswell💯 ,eurusd returned back to yesterdays entry price and still looks good for selling opportunities as we are in a bearish continuation pattern, am anticipating to see price drop to support level‼️🔽⚠️
COUlD THIS BE THE LAST STOP FOR USDZMW ? definitively determine whether the recent weakening of the Zambian kwacha against the US dollar represents the final stop or if further depreciation is possible. Exchange rates can be influenced by a wide range of factors, including economic indicators, geopolitical events, market sentiment, and central bank policies. The...
TRADE IDEA: EURAUD @4H looking for an impulsive move to the upside after the market broke above the bullish flag pattern.
TRADE IDEA: USDCAD @4H market currently in an overall bullish structure and also we have the market trading in a symmetrical expanding triangle, as am anticipating to see the market strong push to the upside respecting Elliot wave approach.
TRADE IDEA: USDJPY @4H market in currently in a bullish flag pattern giving us that nice market recovery after yesternight's USD fundamentals, this is actually a nice setup for swing trading as day traders dive to the 1h for further market confirmations.
TRADE IDEA: EURCHF @4H looking for buying opportunities above - 0.93879 as the start of an impulsive move after that massive drop (correction)
TRADE IDEA: USDCAD @4H looking for buying opportunities and the market just confirmed a break above the bullish continuation pattern as we are now in a bullish market structure
TRADE IDEA: EURUAD Still looking for buying opportunities as the market clearly broke above our resisting trendline of a bearish structure.
TRADE IDEA:GBPUSD looking for buying opportunities after the market gave us a big drop to our support level,buyers seem to be jumping in strong .
TRADE IDEA: EURUSD looking for buying opportunities aswell after that nice impulsive move to the down, we have to expect the market to give us a corrective wave before any further selling momentum.
USOIL UPDATE: USOIL🛢 as hit all our target levels as anticipated on AUG 08 strong momentum of buyers pushing in there respecting market structures 🔥🔥🔥💻
TRADE IDEA: USOIL 🛢Market (chart link)currently in an overall Bullish structure as am looking for it to create new HIGHs after coming back for a corrective wave to break above the prev high 82.864 give us strong bullish movement as am see it to actually even reach 84.050 region