This is my simple analysis on EURUSD, wait for a breakout to buy with the trend. I wont share much details as it's self explanatory
My analysis show that bears have the upper hand as the changed the trend a bit by breaking below the CHoC and currently the price is now in a range between support and resistance Since bears had a potential market control we can assume that the range is likely to be broken below(support) all the way to the Demand level and this will confirm bears are in control...
As we can see Price respected the Demand level and changed directions Our CHoC was broken and price kept making new Higher highs and higher lows to confirm that buyers/bulls are in control of the Market and signifies an uptrend We have a new higher high that the price looks like it'll break through it and that will confirm the volume of the bulls is high, also our...
I've already shared my analysis yesterday but the market didn't respect the Neckline so the trade was cancelled with no entries Now our best move would be to wait for the breakout of the New low this will confirm sellers are in control and the market will drop, meaning we can place our sells there comment below if you want me to elaborate more
The analysis showed that the Market formed Double top and a breakout occurred on the Neckline and now it's being retested meaning if the candlesticks closed bullish on the Neckline(retest) there's a high chance the market will go down so get your sells ready👍
As we can see the price reached our Major key level and formed a H&S pattern, meaning we might experience sellers, but that's not enough confirmation to sell If price breaks below the Major low then we can take that as a confirmation that sellers are taking over the market and we can expect selling pressure and we can place our entries If it breaks above the MKL...
As we can see from the analysis, GOLD is already on the uptrend and broke above our Major Key Level and is now retesting it This is a buy sign, but we have to wait for a Bullish Candlestick confirmation to enter and use 1:2 RR ratio
As we can see the overall trend is an uptrend, the break above neckline and new higher high confirmed this. However if you notice the market failed to make new higher highs meaning we have sellers participating and they might push the trend down It would be advisable to stay away from the market until we can clearly see who is in control of the market between...
According to my pure technical analysis the market is in a balance with no overall control of buyers or sellers. The best move would be to wait until one of the bears or bulls show significant control If the market breaks above the Higher High then we can assume that buyers have overcome sellers and are now in control and are pushing the price high(We can buy)....
Risky trade with a low probability of 60-65% but high reward trade. The market already broke through and is now retesting if we get a bullish confirmation on the HIGH then we can place our buys with tight Stop-loss(below the area) and our TP on the Major Key Level(Black lines)
Good day traders, as we can see that AUDCAD has high Market volatility and the current trend is really clear but we can see Bulls have the advantage A Change of Character(trend) occurred and we can see a NEW HIGH formed, giving us a sign bulls might be in control The best move would be to wait for the market to break above the NEW HIGH and wait for a retest that...
Evening traders, this is my analysis on EUR/USD as we can see our downtrend was broken a while back and we are now in a bullish move and seems it might continue for a while If it breaks above the newest Higher High, every detail is provided on the chart and the best entry point which has the highest probability of winning
As we can see, the price is currently controlled by buyers after a reversal on the Demand level. price also broke through our Previous low(Morubozu candlestick) this indicates a strong bullish momentum meaning there's also a High chance that the market will breakout above our Solid High and that would indicate that buyers are still pushing the price higher. As a...
As we can see the price respected the Demand level and showed us buyers are starting to be in control of the market as we have a Change of Trend, which price broke above it thus giving us a new Higher high which is now being retested, so it's best to wait for a candlestick confirmation before entering buys
here's my simple analysis of Euro against US Dollars, as we can see the price is currently in an uptrend meaning we should look for buying opportunities, and one presented it self. We can see a breakout and retest of the previous higher high meaning there's a high chance the market will continue going up If H1 shows us a bullish candlestick confirmation then...
This is my simple analysis guys, I'm sure its self explanatory, We have the market approaching our Resistance and it gave us some rejections meaning there a high chance it will go down
As we can see the market was in a Range like trend until it broke our Support and retested it meaning the price might go down for a while
As we can see from the chart the sellers rejected causing a double bottom and a Change of Character, a Higher high formed which shows us that buyers are in control of the market meaning that it might rise for a while all the way to the Key level. Best place to enter would be to wait for a retest of the HH and candlestick confirmation(H1) then enter a buy🚀