USOIL: The structure exhibits a bearish trend on lower time frames (LTF). Price has retraced to a critical decision point, marking a pivotal juncture. With the market transitioning into a bearish environment, I anticipate further downward pressure, as delineated on the accompanying chart.
Beautiful Harmonic has completed the D leg in a Potential Supply + OB, expecting a push to the downside. SL above SUPPLY zone.
Right! I will keep it simple. EURGBP on the weekly timeframe currently resides within a DEMAND zone, indicating the possibility of an upward movement in price from this region. Additionally, on the daily timeframe, price has shown rejection at a supportive level. Furthermore, the hourly chart has transitioned from a bearish to a bullish stance, while the 45-minute...
Okay, Short and Simple! The USDCAD pair on the 1-hour timeframe continues to exhibit a bullish sentiment, with recent market movements suggesting a retracement towards a notable demand zone. This retracement presents an opportunity for traders to potentially capitalize on the upward momentum of the pair. Good luck!
Greetings Traders! GBPCAD has displayed a robust bullish impulse, driving it towards an internal resistance level, signaling a potential corrective phase characterized by a classic rising triangle chart pattern. Should the price successfully breach the resistance trendline of this triangle pattern and sustain its position above the internal resistance, the...
In the GBPNZD market, the price has retraced to an area of significant supply on the 4-hour chart, coinciding with an internal daily resistance level. An anticipation of a selling market is prevalent in this region. It's worth noting that the overall sentiment remains bullish on lower timeframes. A prudent approach involves closely monitoring the structure on...
GOLD has recently breached its downside structure. Currently, the price is undergoing a corrective phase on the 1-hour timeframe, characterized by the presence of a Gartley symmetry. This harmonic pattern is poised to conclude at a highly probable supply level. In the event of the successful completion of this harmonic pattern, a robust selling opportunity is...
Greetings, fellow traders! In the context of EURJPY, a discernible pattern is emerging as the price unfolds within the confines of a rising wedge. Notably, this pattern is converging towards a prospective supply zone, coinciding with the culmination of a harmonic bat pattern as it reaches its D leg. Anticipation of a market shift towards selling becomes more...
The USDCAD market is currently exhibiting the formation of a potential bearish bat pattern. Notably, the price is approaching a daily level that coincides with a 4-hour order block. This convergence is significant as it marks the completion of the D leg of our discernible bat harmonic pattern. Additionally, it's worth mentioning that the overall market structure...
NZDUSD is currently exhibiting a downward structural trend, with prices rebounding from weekly and daily highs. As the market retraces into weekly demand, we anticipate further bearish price development. Notably, the 4-hour supporting trendline has been breached, signaling a potential shift in momentum. Our strategy involves patiently awaiting a pullback on the...
CADJPY is currently rebounding from a significant weekly resistance level. Upon closer examination of the daily timeframe, a Break of Structure to the downside is evident. Additionally, a well-defined Harmonic Gartley pattern is taking shape, with the completion of the D leg aligning with the 4-hour Order Block. Anticipate a potential downward movement from the...
As a trader, your mindset can have a significant impact on your success. Trading psychology refers to the emotional and mental aspects of trading, including the mindset and behaviors that can either help or hinder your trading performance. Here are some tips for staying mentally strong in the markets: 1. Manage Your Emotions: Emotions can have a significant...
US500 has reached a Potential Demand area, with a beautiful harmonic shark pattern that adds a confluence to this setup, I expect this market to launch up to a target marked on the chart.
Hello Traders! Gold has been converging in a rising wedge pattern, we tapped resistance trendline after printing a BSL that took out EQH, I expect this market to drop to a target marked on the chart!
USDCAD: We are in a local bearish structure, price is approaching a potential area of supply, from this zone i expect price drop to a target marked on the chart
NZDCDA: the price is sitting on a Flip Area, expect a test of the marked Previous Supply Area before dropping to a (Potential Demand (Breaker)) that's aligning with 61.8 fib level. from that area I expect this pair to continue to the upside
AUDUSD: Price has reached a potential supply area, we can discern price converging in a broadening wedge approaching this area, I expect this pair to drop to a target marked on the chart.
SLIVER: local structure shifted to the downside, price mitigated previous area of SUPPLY. I expect this asset to continue to the downside