Price action analysis & forecast on trade opportunities for the week ahead. Q & A
In this multi-time frame analysis, I go over the bullish outlook and forecast on GBPCAD. I outlined the 2 possible scenarios of the price to wait for in order to confirm the next bullish up move. Remember to clearly understand what forecasting is for to give you a better entry rather than blindly enter without any price action confirmations. Higher time frame:
Looking at Bitcoin, for more short term bearish price action. We can see currently price is forming a larger ascending structure reversal on the mid time frame. Within the correction, there are a few more bearish development that can strength the downside possibility. After price reaching previous swing highs, no further bullish price action to push higher,...
Price action analysis & forecast, updates, ,Q & A
Few USD pairs to watch out for the next few days and weeks. Remember the difference between having a bias, and confirmation for entry. We can have a bias of a possible pair, but do not enter trades unless they are confirmed by price action. DXY EURUSD USDCAD AUDUSD GBPUSD
3 CAD pairs to watch out for this week for more bullish opportunities. USDCAD NZDCAD GBPCAD
Hello traders: Looking at USDCAD here on the higher time frame, I cant help but point out the bullish price action in nature. The overall structure looks clean from the bullish move up, and a larger correction, with multiple swing highs and lows, forming the correctional structure you see right now. From last year, during September 2022, we see a strong...
On GBPJPY, we can expect more bearish price action to confirm the downside. What I like about the price action is we have ascending channel reversal, within the larger correction that is correcting the previous bearish impulse phase. We can see price has already started ts bearish move from the top of structure, and has already formed a continuation correction...
Price action analysis & forecast on trade opportunities for the week ahead.
Market Updates Q and A
GBPCHF Current Price Action is Looking Very Clean to have another lower time frame up move When we zoom out, after the initial bullish impulse phase, price naturally start forming consolidation correction phase, strenches out for months. Notice eacj time price fall down, they do so in a decending structure on the lower time frames. The lastedt price is no...
Hello Traders: First forecast/analysis to share after the long break. What I see here is a possible short term bearish move from AUDUSD. We can see on the higher time frame, price has reversed from a double tops price action. An ascending channel structure, as we know is reversal in nature, hence after the structure completes, we see price begin to...
Price action analysis & forecast on trade opportunities for the week ahead.
I am back for live stream market outlook.
Hello TradingView :) ITs been a minute since I was active in the community. Last post I made was last year in June 2022. Many things have happened that lead to my away and absence from the community, social media and more. I took a much needed break from being infront of the screen, camera and people. IT has been a good time to spend with family. But, after...
Hello traders: Here is a quick breakdown on GOLD. I start with the higher time frame to give you a potential oulook for the months to come, then drop down to mid time frame to have a possible movement next few weeks, finally to summarize what I want to see on the lower time frame for this week's development. Thank you
Hello Traders: First educational video since I went away 8 months ago :) This topic has been brought up many times, and I wanted to prepare this video for those who are still struggling with the concept of possibility in the market. Many inconsistent traders, when taking losses, often look at their strategy as the reason why the losses occurred. They often...
Current we can see Crude Oil's price action is in the middle of a consolidation correction. After from the initial push down from the price, market begin to form a larger structure to correct the down move. We can see now with a few swing highs and lows, a parallel channel like structure is being created. However, it looks like theres a potenital short term...