TommiZa

TommiZa

Price broke below the ascending structure and is now pulling back for a potential retest of the underside (previous support turned resistance). I’m watching the marked red zone for a possible bearish reaction – ideally with rejection wicks or bearish engulfing confirmation. RSI is recovering but approaching potential overbought territory. If price reacts at the...

TommiZa

AUDCAD is currently travelling down this channel, look for sell at the touch to the channel line...

TommiZa

Price is almost back at the top of the horizontal range between 0.82620 and 0.81920. RSI is approaching overbought territory with momentum fading as price nears resistance. I’m looking for a short rejection here, targeting the bottom of the range. Confluences: Strong horizontal resistance at 0.82620 RSI nearing 70 zone with possible bearish divergence...

TommiZa

Price is approaching a major confluence area where the descending channel resistance and a previous support-turned-resistance intersect around the 0.6200 level. I’m monitoring this zone for bearish confirmation on lower timeframes to initiate a short position. Market structure remains bearish, and fundamentals favor CHF strength over CAD. Clean rejection here...

TommiZa

ANALYST´S NOTE: Analysis done by me, text for my view on the charts is generated by screenshot sent to ChatGPT - Tommi Za 🔍 Technical Analysis 🧱 Market Structure & Setup Price has reached a key descending trendline (marked with thick dashed line) that has held since late 2023 — major structural resistance. A double top (HH) appears to be forming just below this...

TommiZa

ANALYST´S NOTE: THIS TRADE REVIEW TEXT IS GENERATED BY SCREENSHOT READING FROM CHATGPT - Tommi Za 🧠 Fundamental Overview – GBP vs CAD (Mid-May 2025) 🇬🇧 GBP – Bullish Bias The Bank of England remains cautious on inflation, with strong wage growth and service sector resilience. The UK economy is avoiding recession; GDP data is stabilizing. Risk sentiment...

TommiZa

BTC has been crashing for the last few days. For the first time in months, the D is breaking EMA 200. I have been shorting this market until today, now I just wait to see when buyers really kick in again.... then we might see some massive gains....

TommiZa

So, my idea from 3 weeks back in time played out early this week. My limit order was hit and this turned out to be a beautiful trade. Partials already closed with nice profits, and SL has been moved to entry. Currently, the trade has gained 390 pips, and is testing a quite respected support level that seems to be weakening.

TommiZa

On the Weekly timeframe, USDCAD is slowly nearing a very interesting area. Watch this carefully, might take 1-3 weeks to reach there. This area has two times before been slightly touched. Jan 2016, REJECTED. March 2020, REJECTED. My dream scenario is a triple tap to this resistance line and immediately followed by a big SELL. This can be traded as a swing trade,...

TommiZa

Beautiful pattern formation. On the D we have a rising wedge crawling to upper area the bearish market structure. Rising wedge usually indicates a breakdown coming

TommiZa

Hello everyone. Since we saw that last big price pump in Bitcoin, market is starging to look like there is an exhaustion in the price. At the moment we are looking at a consolidation area 90k-100K. I have been using this range to buy from the support area 91,500 - 92,500. I have liquidated the profits from these trades at the area between 95,5 - 98K. ...

TommiZa

Here is a travel route forecast. Based on Channels and trendlines

TommiZa

Looking at the W and D timeframes, we could possibly see this setup in the coming week.

TommiZa

The week should start with a pullback that is bound to happen on the W tf. Here is a very likely scenario, looking at chart patterns and technicals

TommiZa

Gold is still Bullish, but is due for a pullback before heading up again. The Weekly TF supports the same idea

TommiZa

Last week finished with a strong Bullish push. Next week should start with a price correction pullback to the downside, and then a continuation of the Bull run breaking through 2400. Rejection point from the pullback should open up opportunity for a nice Swing trade to ride to bullish targets above 2400. (2412, 2426, 2432 and 2448 are key levels above 2400)

TommiZa

Here is an update on last weeks analysis on the EURGBP. Now on the 1D TF. First buy entry almost hitting TP. Next move is to wait for chart pattern to confirm any possibilities for another trade

TommiZa

This is a beautiful pattern that indicates this pair loading for a showt. The weekly TF pattern supports this same idea