GBPCAD looks locally bullish after a test of a key horizontal support. A tiny double bottom pattern on an hourly confirms that. Target level - 1.8018 ❤️Please, support my work with like, thank you!❤️
It looks like Dollar Index is preparing for a retracement after a very bullish market opening. As a clear sign of strength of the sellers, I see a head and shoulders pattern on an hourly and a breakout of its neckline. The market may drop at least to 108.6 ❤️Please, support my work with like, thank you!❤️
It feels like US30 index is preparing to recover after Friday's and today's selloff. As a confirmation, I see a nice bullish imbalance after a test of a daily support and a tiny ascending triangle pattern on an hourly. Goals: 44196 / 44470 ❤️Please, support my work with like, thank you!❤️
Here is my latest structure analysis and important support & resistance levels/zones for EURUSD for next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Here is my latest structure analysis for Gold for next week. Vertical Structures Vertical Support 1: Rising Trend Line Vertical Resistance 1: Rising Trend Line Horizontal Structures Resistance 1: 2816 - 2820 area Support 1: 2786 - 2790 area Support 2: 2718 - 2732 area Support 3: 2689 - 2698 area Support 4: 2655 - 2663 area Support 5: 2614 - 2635...
In this educational article, we will discuss powerful reversal candlestick patterns that every trader must know. Bullish Engulfing Candle Bullish engulfing candle is one of my favourite ones. It usually indicates the initiation of a bullish movement after a strong bearish wave. The main element of this pattern is a relatively big body. Being bigger...
I see a perfect example of a completed head & shoulders pattern on GBPJPY on a 4H time frame. A breakout of its neckline is a strong bearish signal. I think that the price will continue falling soon. Goals: 191.38 / 190.7 ❤️Please, support my work with like, thank you!❤️
As I predicted yesterday, Gold updated the ATH closing above a key resistance cluster. The market will most likely continue going up. Next resistance - 2820 ❤️Please, support my work with like, thank you!❤️
Silver went up yesterday, violating a key daily horizontal resistance. It opens a potential for more growth. The next resistance is 31.9. It will most likely be the next goal for the buyers. ❤️Please, support my work with like, thank you!❤️
It feels like Gold is going to update the All-Time High soon. I see clear signs of a bullish accumulation on a horizontal resistance based on a current highest high. A breakout of the underlined orange area and a candle close above will indicate the continuation o a global bullish trend. The market will most likely continue rising at least to...
AUDCAD looks bullish after a test of a key intraday/daily support. As a confirmation I see a double bottom pattern followed by a nice bullish imbalance on an hourly. We can expect a pullback to 0.8989 ❤️Please, support my work with like, thank you!❤️
USDCAD looks bullish after a breakout of a neckline of an ascending triangle pattern on a daily. Probabilities are high, that the resistance based on the year's high is going to be reached soon. Goal - 1.448 ❤️Please, support my work with like, thank you!❤️
In this article, we will discuss the basic principles of Smart Money Concepts in Gold trading. I will explain to you how Gold price relates to supply and demand on the market. What is a fair value and how to identify it. We will discuss a relation between a fair value and supply and demand and why is it so important to learn to recognize the...
USDJPY looks bearish after a test of a falling trend line on a daily. The price formed a double top and violated its neckline with a bearish imbalance candle. Next support - 154.73 ❤️Please, support my work with like, thank you!❤️
I think that CHFJPY may continue falling from the underlined resistance. As a confirmation, I see a local Change of Character CHoCH on an hourly time frame. Goals: 171.64 / 171.45 ❤️Please, support my work with like, thank you!❤️
EURCAD remains in a strong bullish trend for more than 2 weeks. The violation of a key daily resistance is one more important bullish signal. At the moment we see a local correction. With a high probability, it will complete soon and a rise will resume. Next resistance - 1.5155 ❤️Please, support my work with like, thank you!❤️
EURGBP may continue falling after a test of a significant daily resistance. We see multiple violation on minor supports, indicating the strength of the sellers. With a high probability, the pair is going to reach 0.8367 support soon. ❤️Please, support my work with like, thank you!❤️
EURJPY is going to pullback from a key horizontal support. After the test of the underlined area, the price formed a tiny double bottom on a 4H time frame. Goal - 163.27 ❤️Please, support my work with like, thank you!❤️