Trading_Vista

Trading_Vista

The US dollar, equity and bond markets have all been hit hard and money has not turned to US treasuries either. I guess confidence on anything directly related to the USA is very low right now. No surprise that investors chose to place their faith in Gold, a precious metal that has been bullish since 2016. However, finding a suitable entry especially in a...

Trading_Vista

Weekly chart – strongly bullish, broke above previous structure Daily chart – strongly bullish, broke above previous structure H4 chart – bullish, now pulling back towards previous resistance, now turned support. The formation of a higher low on the daily adds to my confidence that we are headed higher. This is actually a breakout-retest setup. When/If price...

Trading_Vista

I really don't see any reason for a change unless of course Mr .. causes another upheaval. For now, check out your charts and note that: Monthly - bearish Weekly - bearish Daily - bearish Intraday - all bearish. We will hit and break a few S/R levels, but IMO, we should eventually get down to 0.8400. This is not a trade recommendation, merely my own analysis....

Trading_Vista Updated 

My chart describes exactly what I am seeing. My own bias is to the downside. This is not a trade recommendation, merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and...

Trading_Vista

It was in Sep 2022 that this pair made its (ATL) low at 1.01563. Since then, it meandered rather aimlessly (largely consolidating) but made a couple of higher lows. A double top was formed in July 2024, but that ended in a higher low. Here, began an uptrend that I believe is still intact. In Sep 2024 it slipped into a range as shown in the blue rectangle and has...

Trading_Vista

Gold (XAUUSD) has had a nice bull run but now is time to be a bit cautious. After making an ATH of $2956.13, price pulled back but since then, attempts to recapture the ATH and break out to the upside have failed. Recently price has been ranging in a tight space as shown in my H4 chart. In my opinion, Gold has 50-50 chance of heading lower. I am not saying that...

Trading_Vista

Weekly – strongly bullish Daily – strongly bullish H4 – bullish, now pulling back towards a consolidation zone between 1.7108 and 1.69930 (marked on my chart). 20 ema is also currently located here. When/If price reaches this zone, I will be monitoring PA on H4 and H1 timeframes with a view to find evidence of a bullish continuation. In the current uncertain US...

Trading_Vista

Going long GBPCHF - breakout /retest setup. Small position size to start, will add more positions if this works out. This is not a trade recommendation, merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me...

Trading_Vista

Monthly – bullish Weekly – bullish Daily – bullish, broke above previous highs already. Price above 200sma. H4 – After the break out, price is pulling back. We have no idea where the pullback may terminate, but the support located around 2.2370 or preferably, the zone marked between 2.2212 – 2.21520 (or any other point in between) may hold price. If there is no...

Trading_Vista Updated 

Weekly – bearish. Daily – bearish after a break of structure (BOS). Price below 200sma. H4 – bearish (visible sequence of lower highs and lower lows). Price has broken below a significant support/resistance area that has been tested multiple times. This break below also occurred with momentum as you can see from the large red candle. I expect a pullback to the...

Trading_Vista

As per my analysis, we are seeing a weak USD across all major and minor currency pairs on the weekly and daily time frames. Which pair to trade will probably become clearer on Mon, but for now I am looking at USDCAD. Yes, that huge spike up gap is confusing, but that gap was quickly filled. If I just ignore that gap, the picture becomes clearer; now I find that...

Trading_Vista

As my chart shows, price has been climbing steadily and comfortably, very ably supported by the 20ema and 50ema. The recent 4 weeks however have seen sideways price action as price bounced in a (wide) 590 pip range (see the pink box). Earlier today (Fri) price tried to overcome the ATH at 2942.59 but seems to have encountered some serious profit taking and fell...

Trading_Vista

Weekly - bullish Daily - bullish H4/H1 - waiting for a pullback and then some evidence of a bullish continuation. The area marked has been used a few times in the past. Also note that the 20ema will provide confluence to my bullish bias. This is not a trade recommendation, merely my own analysis. Trading carries a high level of risk, so only trade with money you...

Trading_Vista Updated 

Weekly chart - bullish Daily chart - Price above the 200 dma and 50 ema. Was consolidating, now bullish but should head higher after a small pullback. H4 chart - note a support zone that price seems to be pulling back to, 20 ema also nearby to provide dynamic support. I will be looking for some bullish chart pattern or candle stick at/near the support area to...

Trading_Vista

NZDCAD formed an evening star pattern. The name is not important but the price action (bullish trend followed by indecision and then by a strong bearish move) could be. Time will tell. Switch to your daily chart and note that all this is happening at a significant s/r level. This is not a trade recommendation, merely my own analysis. Trading carries a high level...

Trading_Vista

Weekly – Bullish, although it has been consolidating for the past 3 weeks. Daily – same as weekly. Please note that the bears have been unable to push price lower. Price is well above the 200dma. The area around 156.20 was has been tested multiple times and provides solid support (was resistance earlier). H4 – In line with the weekly and daily charts. A pullback...

Trading_Vista

Since late Sep, this pair has been moving strongly to the up side. Most of the retracements have been weak and shallow. But for the past 10 days, we have been witnessing a more persistent consolidation. Let us study the chart on the H4 time frame too: Note that there was 1 single H4 strongly bullish candle and since then more than 45 candles have been unable to...

Trading_Vista

Take a look at the daily chart - the flat top and an upward sloping trendline. You would agree that for the past 4 months, a slow squeeze to the upside has been happening. Price is now also above the 200dma and this gives me a bullish bias. Ideally, price being contained in the upper part of the triangle would be another factor of confluence. Another one or two...