We had a reversal from the previous support. Am expecting this to happen in the GBPUSD this is just an educational content, make sure you have your own criteria met before you take the trade. Risk management also and I wish everyone success.
As we can see our target was hit and that's a good profit from today's trade about 48pips from our entry point. Follow us for more analysis. STAY TUNED for our analysis coming up soon.
We see the market break above the consolidation and now from the current price we see in the 15m TF that the market former a divergence and in accordance with the side volume indicator, I will be opening a short position from here and my STOP above that resistance in the 15m and take profit within the range of the blue line and the OB before the break of that...
We have seen that the asset is at a resistance structure level and we are seeing the rejection so, I will open a short position when the next 1hr candle opens.
Check the last analysis we made on the EURUSD on the 27Of may 2021, it played out perfectly well.
We saw AU moving in the downward direction and got to a support level, And it recovered up to the last resistance formed and also a trendline was formed in the 1H and the resistance level thatwe are at have rejected the market ans pushed it down . An inverted hammer was formed after which an engulfing candle folowed and the trendline was broken, leading to a...
We have completed the down move to the B of the ABC pattern and we are looking forward to move to the C to complete the move and then move to the weekly Liquidity zone at the bottom of the . Our C Target point fell inline with the 50% of the weekly Fib retracement. And we are looking forward to a bullish entry point and confirmation. If you have your own...
Hello Fellow traders I have come to present this nice setup in this currency pair. EURUSD was seen going down till it got to the over sold level of the RSI and retraced then came back and broke the support level in the daily chart, but in the RSI chart the first test was deeper than the second test that broke that first test that created the support. There...
Here the WYCKOFF sychematics playing out perfectly well.
Symmetric triangle was broken and retested. Am expecting a move to the upside and also the trade is above the 200EMA. Use daily timeframe to enter trade.
Looking at the chart, An RSI Divergence was formed in the weekly timeframe and also in the daily and the market is a a major resistance levelin the weekly and also an OB zone in the monthly timeframe. Am expecting for that divergence to hold, and I have my setups which I use in confirming if the divergence will go long or not but since we are at the order block...
We saw a double top In the weekly timeframe and we saw a doji have been formed. If the double top happens to hold as expected then I will like to see an impulse move to the downside. There are lots of liquidity to be wiped out at the down side and I expect that to also play out.
We saw a resistance that was broken in 1H and 4H and it's being tested. Also am expecting an RSI divergence to Be formed in the 30mins Timeflame and I am seeing a confirmation of that and I think I will have to go long and take my profit 10pips below the resistance above in 4H and Smaller timeflame. If we get to test the resistance above and I get to see...
Ther are lots of Liquidity in the consolidation phase in 4H timeflame and i am expecting the liquidity in at the resistance to be wiped out and I also saw a divergence in the 1D timeflame which played out partially and am expecting a double top in 4H to form.in order to push the market down and I think the double top is forming already hope it plays out as we...
We saw a consolidation Zone over a week now and there was an RSI divergence in the 1D timeflame and the liquidity level in the 1H have been cleared but and still looking FORWARD to a further liquidity to be taken in the 4H which contains the consolidation phase and if it happens and gives me a reason to short then I will short it huge. Drop your own idea in...
The market have been consolidating for some days and also the market it recently above the 200MA, and has formed a double bottom on top of the 200MA and in the 1h we have confirmed that there will be a long position to take place, and also there are lots of liquidity above the resistance level in the consolidation Zone in 4h and also at the support zone in 4h....
We saw a tweezers bottom formed in the weekly and the market is at a strong support zone and also a descending channel is being formed and I am looking forward to see a double bottom which will push the market down t take out the liquidity below. We have to monitor the trade and make sure we have a tangible reason to go long next week. You can drop your own...