ShinForex1

ShinForex1

Simply market structure has changed , price respecting fib level. Nice risk to reward follow me for more updates

ShinForex1

Price is facing huge resistance and liquidity short. so we see a nice break of structure and now price is respecting the 38.2% fib level so nice short FOLLOW ME FOR MORE BREAKDOWN

ShinForex1

So basically we can see price action is on downward trend from weekly to daily timeframe, --> its respecting the upper bound of the channel and midlevel of the resistance liquidity level, --> Price broke out of the Neckline of double top of the respected Fib level we could see a continuation to downside Follow me for more updates

ShinForex1

As a potential setup we could see price continue to the upside if the price break out of the consolidation level. with a nice candlestick formation Follow me for more update

ShinForex1

Self explanatory --> Price action Trending upward HH and HL --> Price respecting the fib level of 50% and nice rejection and as it broke out of the minor consolidation we see a nice engulfing candle indicating momentum to upside. Follow for more setup!!

ShinForex1

As i explained in my previous video i dont see where this move to the upside is in confluence with the volume of transaction , low volume mean price is just trying to find a liquidation level and now i think it has respected the POC level of 29K and now price facing huge resistance and we could see price move to 21K level Thank you and please dont forget to...

ShinForex1

We are seeing an appreciation of price action to upside as price continue in upward trend ---> Price action is upward trend and respecting 38.2% fib level and nice gap to the respected support for a nice fill of gap and nice momentum to upside Follow for more update

ShinForex1

we clearly see price is heading to the downside, price action respecting the daily timeframe and fib level of 50% and as we mark down in lower timeframe we clearly see price is respecting the resistance and nice momentum to downside Nice risk to reward Follow me more update

ShinForex1

So we clearly see on daily timeframe price is facing huge rejection on the fib level and now breaking the countertrend line and now waiting for break of neckline and slight retracement before continuing to our target Follow me for more update

02:27

ShinForex1

Check the video to get understanding on my view on Gold this week Follow and comment below for other breakdowns

01:49

ShinForex1

Check the video to get understanding on my view on us30 this week Follow and comment below for other breakdowns

01:36

ShinForex1

Check the video to get understanding on my view on GJ this week Follow and comment below for other breakdowns

ShinForex1

so based on previous analysis we see price is having a hard time pushing high and we seeing a lot more of bearish pressure so let close the trade at breakeven

ShinForex1

This setup is based on previous oil analysis, so we see price retracing to 61.8% fib level which also act as a high resistance level, so shall see a continutaion to downside check the previous analysis for continuation to downside on link below Nice risk to reward Hope you guys enjoy the rest of week

ShinForex1

Based on analysis we saw a nice continuation to downside and price eventually hitting our profit target, check below to learn from the breakdown

ShinForex1 Updated 

Based on the daily timeframe we saw a nice upward trend and now price is retracing to respect the fib level, when you look at H4 and H1 you will see price action showing high momentum and volatility to downside, so first target should be around 31.8% fib level and if price continue we need to look for 1810 for our final target Goodluck Please follow for more...

ShinForex1

Thank you for following, based on this week trade we manage to hit our first and second target in usdchf of 150 pips. to learn more you can check the breakdown below

ShinForex1 Updated 

After months of downward trend we seen price has approached a critical POC level at which its showing signs for a reversal, The most easy to identify structure is that of H4 and we see a nice Double bottom with a nice double bottom retracement to collect liquidity to push price high , and we saw price creating a high high(HH) So this is a sign for a shift of...