after the strong impulse, the correction is fairly good. therefore, expecting another impulse to the upside after breaking current resistance. can enter on bounce.
Hi fellow traders, if you like my ideas and analysis, do continue to follow me for future content. So what I can see on the 4H timeframe of the EURUSD is a POSSIBLE head and shoulders pattern, a reversal pattern if you have not seen it before. If price breaks the neckline, I would wait for a retracement back to the neckline for a potential short trade. Entry...
Hi fellow traders, if you like my ideas and analysis, do continue to follow me for future content. So what I can see on the 4H timeframe of the USDJPY is a very nice downtrend as seen from the downward trend line . If price respects this downward momentum, we can either see a retracement to the downward trendline. Optimum entry level would be at 108.652. Stop...
Hi fellow traders, if you like my ideas and analysis, do continue to follow me for future content. So what I can see on the 4H timeframe of the GBPUSD is a possible break of both the uptrend and upwards trendline . If price breaks this trendline, we can either see a retracement back up to the upward trendline or a straight down movement onto the next support...
Hi fellow traders, if you like my ideas and analysis, do continue to follow me for future content. So what I can see on the 1H timeframe of the USDCAD is a very nice downtrend as seen from the downward trend line . If price respects this downward momentum, we can either see a retracement to the downward trendline or a straight down movement onto the next support...
Hi fellow traders, if you like my ideas and analysis, do continue to follow me for future content. So what I can see on the 4H timeframe of the EURAUD is a starting of a possible downtrend as seen from the downward trend line. However, there is also a strong support level at the 1.7845 level. If price breaks this strong support level, what i think will happen is...
Hi fellow traders, if you like my ideas and analysis, do continue to follow me for future content. So what I can see on the 4H timeframe of the GBPUSD is a very nice uptrend as seen from the upward trend line. If price respects this upward momentum, we can either see a bounce off the upward trendline or a straight upwards movement onto the next resistance line....