i have extracted this trade from the weekly. the weekly bulls are strong and aiming at the yellow line. the daily at the current state has little room for a pull back and i anticipate a higher push.
the bulls on the higher timeframe are still strong. i anticipate a bigger push higher. to the support indicated above.
the weekly bulls are still present. i anticipate a fast run to break the previous high
the daily up trend is not over yet. i anticipate atleast one more push high. the sellers on the 4H seems to be dying. i expect the big boys buyers to take over. fell free to leave a comment. based on market momentum
this is an agressive one. i see sellers getting in hard at the end. this is to finish the pullback on the daily timeframe where we may get very big bulls getting in. based on market momentum.
the momentum shown by the red line started to move to finish. it reduced to zero. the momentum on the blue line started at start of blue and slowly reduced to the end. the black arrows show what i anticipate. the momentum to increase up. but to hit up we have to retrace so trade isnt ready the weekly is a confirmation of whether i have to wait for this...
the 4h momentum is slowly reducing. we are close to a support level. on the 1H we already have some pull back. i expect a rally up to the support level, where we may experience a bigger bounce. based on reading market momentum.
The momentum to the downside is currently very weak, we cannot push to the next weekly support. a retrace is necessary before we see a bigger move on the weekly and monthly. 1.3350 area may be the first target. BASED ON PRICE ACTION
GOLD lacks the momentum to push higher. short term bears seem to be taking control. based on price action
i anticipate the bulls to continue pushing this pair up to the blue line. i am using the 4H to find a possible scale in. based on price action.
the daily is in a strong uptrend. the 1h had strong bulls come in earlier today. i projects a new higher high on the daily. this trade may take two days and incase of good pullbacks, a scale in is ok. based on price action.
As the tittle suggests, the trade is extracted from the 4H. the sellers are strong and i am expecting little to no retrace. i expect a push past the 1.1420 area. based on price action.
GBPUSD is struggling to go further up, i anticipate it is going to fall to the grey line before we see any further move. the reaction close to the brown line will determine how we exit. my entry is on the 4H all based on price action.
This trade is extracted from the 4H, i expect the 4H to push further up to the blue line. the pullback is near end since a push further down may make it very hard to get to blue line. the trade may have a series of pull backs along the way as the target is a crucial point. all based on price action.
The yen pair has been experiencing some slow rise since the flash crash. it has however not reached its first support level . the last two days, we had a small rally down.this rally absorbed some sellers. the daily is my base timeframe which is a strong up. the 4H is my entry timeframe. i was waiting for some sort of exhaustion and a start of a rally up. i...