My idea is that NZDUSD will go to the upside since it has been testing the low on a HTF and it has been buying on Daily, and Weekly. Based on my idea it should test the current 4 hour order block
Price seems to have resisted on a weekly OB, did not close above 50% of the OB this is giving an idea that price reversal is in character, so when framing a sell setup I am anticipating price to test the daily order block however not violating the 50% of the OB.
Since the weekly has rejected especially on the weekly OB, I am in the idea of that UJ will continue selling, it has been consolidating since Thursday and currently it has approached a daily breaker block. Once the 50% of the block is touched I am expecting to see sponsored moves to the downside.
Daily Timeframe 1) Friday close was not not below Thursday's close in which for this week price created an uncertenty to sell 2) Price did not break the most recent high respecting on order block created in December (This is the second time the order block gets respected) 3) I am anticipating price to sell (Weekly bias is Bearish unless price breaks the order...
03 April 2023 Weekly Outlook Weekly Timeframe 1) Price is on a weekly order block (Anticipating rejection to take over) 2) Price comes from rejecting on the weekly order block in which the rejection was formed in a period of 2 weeks. 3) Price correctively pushed to the upside since end of December 4) Price did not break the previous or most recent high 5) Based...
GBPJPY price on a monthly timeframe it is currently on a bullish trend.
Indication of the week's low, this will be part of the outlook I will post soon for 26-31 March 2023
Good Afternoon Team From Sunday's outlook, I anticipated price to go to the upside (buy) due to the research gathered based on Friday close VS Monday close The research concluded that if price closes bearish on a demand zone Friday, Monday has a high likely hood of price closing bullish. In this case on Monday price can grab liquidity to the downside or can just...
This is my analysis in relation to Crypto Currencies, the markets might behave differently!
Analyzing Nasdaq Price: We are currently in a selling market whenever you open buy positions always trail your stop.
This is an analysis I made for Spompo Sibanda in relation to her share. The strategy is called SMC!
I am expecting price to go to the previous high to form a new higher low since it has formed a new high and from there it will shoot startup to form new higher highs.
On this pair I see a more likelyhood of the market selling up to around $38 000 area. My reasons is that: 1) Price comes from the higher high which formed minor timeframe and major timeframe double top. 2) Price failed to break $52 000 resistance area which is a Major Structural area (Support and Resistance) thus far. 3) I see a double top correction pattern,...
Price is on a structural support significant level after a strong sell Lower Timeframe * 1H & 15M Price formed double tap * 4H Low Test and Morning Star * LTF & HTF Structural Significant Support Level * LTF Bull flag pattern What is not clear * HTF confluence
* HTF Price previous rejected with a major reversal structure * Price formed an impulsive buy move * Price is currently in a continuation bear flag pattern * Price made a second touch with a LTF Major reversal pattern * LTF Price formed a bear flag
* HTF Pair has been falling * Current High did not break previous High so I am classifying it as a Lower High * LTF Price is on a bear flag * LTF Bear Flag high formed a reversal pattern double top
* HTF Price is on correction phase * LTF Price has is in a range correction phase * Second touch price initially formed an impulsive sell * During the correction phase price formed a double respecting previous significant level * I am anticipating a drop to test the previous Lows
Price has been on a downtrend from the previous High Wgy? * Price has been forming a series of Lower Low and Lower Highs * Before the down trend started I noticed an ascending channel * Currently price is on 15 Minutes continuation pattern (Bear Flag) after an impulsive move done Currently what I see is that: * Price has not shown me any form of reversal * Is on...