


AUDUSD is way overextended and needs a proper retracement, which send send price back to its lows of this year!
A potential long opportunity is coming on EURCAD. This pair is still bullish from the HTF perspective, and has a lot of room to push higher still. Waiting for the retracement to be done so I could enter when one of the setups present itself, hopefully I will get the XBL or setup29 (my favourite bullish setups). Usually I would get alerted to prepare for the buy...
So you guessed it from the title, Do you think that this decade-long downtrend is reaching exhaustion level? AUDNZD is in a downtrend since March 2011. All signs so far indicating a yes, As NZD is getting weaker while AUD is slowly gaining strength. On stochastic RSI: D & K values on the weekly chart are in a complete flat mode = 0 , This rarely happens on a...
A nice potential shorting opportunity is presenting itself on AUDCAD. The signal is already printed, but we enter when it retraces 2 candles back with a sell limit order, stoploss loss should be placed where the dash printed above the signal. This is calculated by taking the highest high from the last 5 bars and then adding it to 1 * atr. Once price has moved 1...
As expected price retraced all the way back to where it all started after the impulsive breakout of the long term rising wedge. A potential sell opportunity is being printed at the moment, the signal is already printed and its quite accurate :) but we need that yellow line to be broken impulsively to the downside to confirm the sell signal. If price got rejected...
GBPAUD has been in an abnormal rising manner, that is way too extended for a bull without a proper retracement. I guess this pair is due to some retracement, considering the divergences between RSI and price, the number of overbought bars exceeded the usual plus the negatively corrolated pair EURGBP has taken off finally after a nerve wreking reversal.
EURUSD is approaching a a strong demand zone, where its expected to reverse the price violently to the upside. a potential buy with a great R:R up to 1:10 Stop: 179 target: 187
In this video, I show my most recent indicator that I have created which spots reversal zones based on stochastic RSI indicator combined with MACD indicator. Potential buy zones are indicated with green columns printed on the chart, and sell zones are in red. a signal is more powerful and accurate whenever its surrounded by black bars before or after.
A nice opportunity to buy GOLD, gold is reaching a critical support area of the long term channel, which is currently being rejected with a long wick on the make. A good buy around 1735. ps. this analysis fails if price breaks the channel and closes below its support line.
So price has came back as expected to the supply zone around 1.19. If i think about it, price should not be higher than 1.19 per US dollar, and I believe a major currency like USD and EUR more often than not react to these rounded number, since a whole country or even a continent is dealing with that currency , which makes breaking above or below 0.1 is not easy....
Following the previous updates, price has finally came to a key resistance and supply zone, and its most likely to be rejected harshly, which, if so, will send price all the way down to 18000.
Update on my FTMO challenge and reaching profit target of 50.000
SPX is being squeezed for a while now, is that bubble about to explode or will it continue squeezing till flatlining as in heart monitoring machines at hospitals!?
update to my previous video, and my current FTMO challenge!
a quick video i have just recorded while scalping EURO/USD, you will some typical stop hunt before reversal. thats when Im confident with a trade, I dont set a stop loss as long as im behind my computer.
Potential sell opportunity that comes once or twice in a life time!! and no bitcoin is not reversing up before challenging all Hodlers believes and liquidating them!
Im hoping by this video to give a conclusive evidence of the performance of my indicator. Again: this is not for marketing reasons, im NOT selling my indicator for any price.