Good Morning Traders, Today we chose UJ to analyse in the Long Term The black horizontal line in the chart is a key level, which, as you can seen, is also a rejection zone along with the horizontal rectangles. Once the pair reached the key level, the pair rejected and didn't drop or rise much more from the key zone We are 30 pips, more or less, from the...
Good Morning Everyone, Today we found a great oppurnity in AU for a long term trade, this means, it's for a Day Trade. If you look for the last 3 candles formed on the chart, in the 1H time-frame, rejection of happening in this LL zone. In this LL zone we had a reversal movement which happened in the early beginning of January. The two movements are not the...
Good Morning Traders, So today i decided to analyze AC,it's in a good position and could do interesting movements in the following weeks. The bias for this pair is Short for the long term. There's a long bearish drop that comes from April last year and it seems to be headed to the first stop (0.64095) which is an identified support/reversal area. According to...
After this downfall, it's expected a pullback in order to breathe It's visible the pressure from Buyers to make the price rise, but Sellers are winning this battle. Stochastic is showing levels of Oversold in this pair We should be watching for reversal patterns. In the chart you have an idea of a possible trade. Why enter on the 50% of the previous candle?...
At this moment, the pair is consolidating and gaining force for the next upward movement We should expect for a bullish pattern/candlestick in order to jump in There are a few bullish indicators which show us that the pair will go Long for the next couple of days because it's headed to a new zone. The bad news from US helped EUR to gain bullish momentum.
Hello everyone, So today was a really good day for the those who are USD tradable. I was scanning the market looking for another promissing pairs and came across this. So the pair is doing a little pullback, to gain force to the next rally. As you can see, the pair is also accumulating Long Positions in order to gain momentum, as so it's rejecting the...
UJ dropped due to the NON FARM EMPLOYMENT which was worse than predicted, despite the UNEMPLOYMENT got better than predicted. The pair dropped due to the bad reports as previous mentioned, but we have an Oversold currency, it's expected to have a reversal in trend in the next few market days. If you look at the indicator, it's below the oversold level and...
This pair reached the expected target for profit. Now wait for further candle stick movements to see in which direction the pair will go after this rallye.
This pair made the opposite movement analysed by us Right now , we can see it rejected the above rejection zone and it broke our trend line, which is a good sign of a bearish bias on the 1H time-frame The best and wisiest thing to do will be waiting for it to touch the LL zone and see which candle stick patterns it forms. If we see a couple of rejections,...
We have 2 possibilities in this pair 1º the pair could reject the HH zone above it and drop till the LL zone 2º the pair can surpass the HH zone and make it's way till the next zone Don't dive right into it and wait for more candle movements which can give you a more clear way of what the price might be doing in the next couple of hours
The pair seems be ranging a little bit, but we can see that it's rejecting a possible rise of price We have a upper level which is a bigger rejection zone than the one at the moment. We can wait for more candle movements and see if the price will retract a little bit or if it will continue to go bullish
In this chart, we have a bullish trend as you may see through the Trend line draw under the candles. We should look for bearish oppurtonities when in a bullish trendline With this setup, we can see it can't get throught the High Zone above drawn. Since it can't go over it, we should wait for more candle movements and then look for possible rejections which can...
In a short term bias, The pair seems be headed to the previous consolidation. In that consolidation, we could see some liquidity grab from Smart Money and with that we know for sure the price will reach there again and do the same movement. Be cautious and watch the Higher High zone
As predicted, the pair reversed near the next hh zone which was already analysed on 05/07/2021 Now, the pair is in a bearish bias, we should follow the trend and establish our target The trend is your friend
As we analyzed, the pair went bullish Our experience tell us, it will make a fakeout on the bearish trend line and then will continue to rise till the next rejection zone Don't follow exactly what we say in these analysis. We just share our opinion, what we see and all of this according to our strategy. Don't blindly follow our strategy
The price as been ranging in the last week, but as you can see the price as been doing LH which mean the price is rising bit by bit. The best strategy in this situation would be going with the trend once it breaks a HH level. Meaning, once the price breaks the HH level which as been respected in the last week, we can go with the trend and establish our TP in the...
The price as a bearish bias We should go with the trend but there's no enough data that supports this trend In our opinion, we think the price will be back above 1.2000 because there's no strong reasons to drive the price further down as it as been going Be cautious and try to spot the momentum shifts, they are real good indicators of trend reversals
The pair is in a zone where the price usually reverses. We now are seeing a momentum shift because the bearish momentum slowed down quite a bit Let's see if the price continues to drop, if it only does a pullback or if we will have that momentum shift