On the Daily Overall the Market is Bearish Price is consolidating to the Down respecting trendline forming a symmetrical Triangle indicating continuation to the Downside 96.800 Significant area to look for Shorts Targeting 96.500 Around area of Supply & Demand
Overall the Market is Bullish we dont Know Yet if the Bears will take control after the market have been pushing bullish for Long period of time or will continue rising up ahead if the mid of February 2023
AUD have started to gain its strength since we are still in a buy model i expect more buying opportunities to attack the liquidity above short term highs upto 85.500 going through next week will be waiting for retracement down to 80.500,79,500&79.00 for buying opportunity this is based on my own views try to do some more research Hope this idea will be helpful,...
from the daily we may see a lot of rejection which anticipates a market to pull back into the area of supply and demand from the hourly i will be waiting for the momentum to shift and start creating LL and LH
SHORT OPPORTUNITY ENTRY PREV LOW BROKEN TARGET 1;3
Im still bearish on pound, let wait for the market to pullback to the previous low that was broken and continue with the momentum to the down side
from daily timeframe the market is bearish 4h analysis bearish but the market can form reversal pattern double or triple taps after reaching the daily key level lowerlow
from the next week we may see the market reverse from being bullish to bearish , this is my analysis basing on 4h timeframe
gold is bearish long term we may see a potential pull back and a continuation on daily time frame
basing on daily trend im still bullish on this pair 4h is consolidating if we broke above the key level we may see more upward movement
on daily timeframe the market is bullish if the retracement is completed we may expect more upward movement, the market can do whatever it wants to do so let keep watching and waiting for the patterns to develop and give us opportunities
basing on market structure this pair is bearish, the market is in a push phase now we wait for the pull back for further continuation to the downside
from the 4h analysis based on market structure this pair is bullish i will only wait for the break of the key level and retest for the continuation to the upside OR the market can pull back to create a higher low and the continues to the upside
im bearish more than bullish on this pair the market have reached the 4h key level and we anticipate than pound is starting to get weak my entry is after the break of the minor 15min key level or higher low and my target is the previous 4h retest level, if u find my idea useful please smash like and leave a comment
hello traders im sharing my analysis on nzdusd trade which i took based on market structure and patterns . if you are interested please leave your comment and smash like to support me!