ShinForex1

ShinForex1

Based on the volume data and POC level we see huge spike of massive liquidation around 27k-25k at which the current price is slighting trading, we need to watch careful cause its in confluence with the weekly to h4 timeframe , Price is currently having a hard time to break the 25K and we see huge incoming spike in bearish volume, so we need to be careful and...

ShinForex1

Based on the H4 timeframe we seeing price action indicating a shift of momentum to downside as we break the H4 high low, currently the price has retraced to 50% fib level in both H4 and H1 This is also in confluence with other indicator like EMA cross over to downside and also supporting the previous support now got reject has resistance Nice risk to...

ShinForex1

As we look a price action we see price action is respecting the weekly and daily support level, as we break down on lower timeframe H4 show price forming double bottom and breaking the neckline in both H4 and H1 So we have a nice entry after the candlestick retest the neckline and showing momentum to upside, Nice risk to reward Follow me for more breakdown

ShinForex1

Basically when you look at price action we see price is consolidation on the Daily timeframe support level, Despite weakness on volume , structure in lower timeframe like H4 and H1 stills show market structure to downside. So basically we have two areas for look for a rejection one @ the 31.8% fib level which is in confluence with previous support now...

01:54

ShinForex1

From the previous breakdown we price now respecting the fib and counter trendline and we could see this week a massive move to upside Follow me for breakdown like this

02:10

ShinForex1

Hopefully you guys enjoy the breakdown, if you have any question leave a comment below and i will respond follow me for more updates like this

ShinForex1

we finally achieved our target based on previous weeks analysis . we still can see continuation to upside I link below the previous breakdown, leave a comment if you like

ShinForex1

After an extended leg up we seeing a massive pull back and we see break of structure in lower timeframe like H4 and H1 as the dollar keep strengthening we shall see a pull back from gold Nice risk to reward Follow me for more update like this

ShinForex1

So from last week breakdown analysis we see now a nice confirmation of a double bottom and price is now respecting previous resistance now is support and we see a nice rejection Check below for the previous explanation Follow me for more update

ShinForex1

We broke down last wee, the setup of EUR/JPY and we now have a nice confirmation for an entry, nice bullish candlestick. with high momentum Click below to see the explanation for the EUR/JPY Follow me for more updates

ShinForex1 Updated 

GBP/USD is ready for a disastrous meltdown to downside price respecting the supply zone nice rejection and break of structure indicating shift of momentum to downside, and currently price is respecting the 61.8%fib level in confluence with broken support now act as resistance, Nice risk to reward Goodluck Follow me and comment below on your ideas ...

ShinForex1 Updated 

Basically AJ has been respecting the weekly and daily support, and we see a nice increase of momentum to upside as price forming higher lows and breaking the triple bottom neckline, indicating a transition from retracement to a continuation to upside Wait for a slight pullback and put stop loss below the sexy candle incase we see price. try to find...

ShinForex1

So when you look at weekly and daily timeframe we notice price action being support at support level, and forming double bottom in daily, as we move to h4 and h1 we see minor break of neckline indicating a transition to upward trend, we wait for a nice confirmation in lower timeframe like M30 to see break of minor neckline and nice retest and nice candlestick to...

ShinForex1 Updated 

Basically after the BOJ decided to increase the interest rate we have seeing the yen gaining strength again the dollar and break bellow the weekly support and now price is testing it as resistance, daily and H4 we see a nice respect of market structure to downside continuation and H1 we clearly see price respecting the 50% fib level, and broke the counter...

ShinForex1 Updated 

So basically we have 3 retest for the 61.8% fib level confirming a solid a resistance and nice grab of liquidity that push price lower, let wait for price to come to at least 38.2% or to 61.8% fib for a continuation to downside Nice risk to reward Follow me for more update Thank you so much

ShinForex1 Updated 

we have seen price is still on upward trend, structure is till maintaining the 78.8% fib level and continuing to our target of -21%, currently we see price retesting the 38.2% twice , and support still respect , lower timeframe like 15min we see break of neckline indicating transition from pullback to bull contiunation Nice risk to reward Follow me for more...

ShinForex1

After a massive Selloff, we now seeing finally finding support and we begin the rally to upside, we see a nice respect of 61.8% fib level and breaking the neckline of of double bottom and massive bullish momentum which give as a nice confirmation for a nice continuation to -21% level wait for a nice retest of the broken neckline for entry to upside Follow me...

ShinForex1

Basically the market structure is still in upward trend, we see a nice pull back to 38.2% fib level and nice triple bottom, we already got a nice confirmation on H4 candlestick (engulfing candle ) that indicate a nice bullish momentum, which is in confluence the the triple bottom, So we need price to break the neckline to continue to our target 1 of 100pips we...