Hello there, Price is making ascending channel in Weekly TF. And right now price is making Continuation Pattern inside the uptrend. Here we have 2 possible entries: 1. Entry at the ascending channel line, which is also a possible swapzone in H4 2. If price breaks the swapzone, we can entry at the demand zone below the swapzone. This entry is just possible if...
Hello there, Here's the update of GBPUSD, at previous analysis, we got a great opportunity to short the currency, basically the retracement of the currency. Right now, we're going to follow the real trend of the currency (for now). Although at Weekly Chart now prices are forming Rising Wedge (Continuation Pattern). One more thing that supports this analysis is...
Hello there, Using my technical analysis, DXY has a good opportunity to go up. On the weekly TF i saw a respected ascending Trendline, even though it's not really that bullish. Yea, it got fakeouts but the last 2 touches on the line didn't break the trendline. I personally don't wanna execute our trade right now. I prefer to wait for the price to retest either to...
Hello there, Price is forming Symmetrical Triangle in Weekly Timeframe. There's a opportunity to go Long for pair. Since the price was just bounce off the demand zone + lower Triangle line, we need to wait for another confirmation to entry, there's a possibility for price to either Reverse or Continue in the H4 Swapzone. So it's better to entry AFTER the price...
Hello there, Price is forming a Symmetrical Triangle Pattern on the higher timeframe, so i take advantage to enter Short at the Upper Line of the Triangle + waiting price to retest the H4 Supply Zone for confirmation. Take Profit is set to the nearest Daily Demand zone. RR 1:2.5. Cheers!
Hello there, Here's my ideas about EURUSD. Cheers!
Hello there, hope you're doing well.. Here's my analysis for the GBPUSD pair. I'm just implementing a Top Down analysis in this pair. As i saw there was a channel breakout and it heading to H4 Supply Zone. And now it's forming a Symmetrical Triangle Pattern. As i know about the Symmetrical Triangle Pattern there're no guarantee which direction price may heading,...
Hey there :D I'm using a Supply n Demand and QML Pattern. On the Daily timeframe i saw a descending channel, so i take decision to try short this pair. And i saw a possible QM Pattern on the 1H timeframe, pattern is not really formed on the resistance area tho, but i saw a Drop base Drop (which is a Supply Zone) on the 4th line of the QM Pattern. So, i'm trying...