marketsnxper

marketsnxper Updated 

We are targetting a round pscyholgical numbers which tend to work cause other traders also see them and makes it self fulfilling. trend analysis + fibonacci

marketsnxper

Be have recently seen break of a major trendline and now we are coasting over the susequent upward trendline. market structure shows a break and retest

marketsnxper

Break and retest of 0.56000 level, i project there are a lot of sell orders in this area and we may see a push supported by activation of these orders. Trend is also looking fairly clean on all timeframes.

marketsnxper

Very clean bearish structure in the 4H in addition to the break and retest formation in confluence with fibonacci golden zone

marketsnxper Updated 

Strong supply zone combined with a good bearish trend, we could see bearish pressure.

marketsnxper Updated 

Same as EURCAD, we have a zone of strong supply and unfilled orders which may active sellers who missed the original drop. a healthy bearish trend is a plus, however a mini bullish trend has been started so this trade is somewhat more risky than EURCAD

marketsnxper Updated 

Supply zone following sufficient drop with well established bearish trend. engulf spotted in region to confirm presence of sellers

marketsnxper

Have had subsequent breaks of structure to the downside. price is currently at a supply zone

marketsnxper Updated 

A bullish trend combined with a break and retest in confluence with a Fibonacci golden zone area could see a push to the upside

marketsnxper Updated 

GBPJPY has been off the back of strong bullish momentum and with this break and retest formation we may see buyers hold this level and push for a break of the psychological level 200. Wait for proper rejection in area to enter longs

marketsnxper Updated 

Presence of strong supply zone in 1H in addition to a health bearish trend

marketsnxper

Strong bullish trend on the 1H followed by a break and retest of structure in addition to the Fibonacci rejection makes for a good probability trade

marketsnxper

We currently see momentum to the upside combined with a break and retest formation on the 8H and strong rejections from the 194.8 area. Fibonacci analysis could also be relevant here

marketsnxper

Currentlywe are at a very strong support area at 1.1000 which has acted as resistance and support for AUDNZD in the past. Also noticed strong reaction off the level so we expect other buyers to come in and validate this idea. Break even on trade once we close above 1.10175

marketsnxper

NZDCAD is trending bullish on the 2h timeframe and the 4h timeframe so the fact that they are in sync already provides some confidence in the direction. In addition, we just broke a high on 4H and are retesting demand zones on both the 4H and the 2H.

marketsnxper

Double bottom present, candle stick formations indicate bullish buildup in the area.

marketsnxper

Double Bottom, engulf in the area = bullish pressure

marketsnxper

Strong bearish pressure from higher time frames, and the formation of a double top in lower timeframes like H1, BE