The price reject the above rejection zone We should look for an entry since the price already dropped Wait for the right oppurtonity and don't get caught on Traps or Stop Hunts Don't FOMO
The ideal trade would be catching a rejection on the current stress zone and then surf the trade till the next rejection zone Since the pair is ranging inside two major stress zones, we should wait for a momentum shift before opening a position This is not gambling, wait for the right moment
As you may see on the charts, the price won't break the blue line which is the resistance of a major key level due to 3 rejections of that level We shouldn't look for Long positions due to the current position of the pair, instead Short positions till the next major key level Don't FOMO and wait for the right oppurtonity.
According to a Daily analysis, The price will drop since it's reaching a reversal zone, a major one. Sooner the price will drop and that's what we should expect from the pair in the next couple of days. Look for reversal patterns and momentum shifts, then go with the Trend
The price is ranging quite sometime We expect it to go Bullish, but there's no major momentum shift on the pair and the setup sets the pair for a Neutral market Let's wait for that momentum shift. There's also an accumulation of bearish positions, so a Short could be a position sooner than expected
As you can see , we had a fakeout which was made by institutions to hunt the Stops. Be careful, the price is ranging quite sometime and we could have a huge movement. That movement could be Bearish accordingly to my analysis Don't FOMO and find a momentum shift before jumping in on the pair
Our previous analysis on this one, we analysed a drop from the price. The price dropped till the expected price and found support on a LL zone and went bullish. Since the price is flying, a good entry point would be the HH zone. Why? because it's a strategic entry point. Breaking a HH zone the possibility of reversal is lower. Don't FOMO and don't be greedy
We had a fakeout but the price is going bearish as you may see Accordingly, to our analysis on Thursday, the pair was going to drop and it dropped. Now it may consolidate a bit but the bias is short in this pair, so we should be expecting a continuation of the drop and look for possible entries Don't FOMO
The price did the expected movement which is good for us We now are in a pullback, but we can expect a drop from the price since we are seeing being formed some rejections on the current level of the price Don't FOMO and wait for the right oppurtonity to go with the trend
The price did not retested the trendline as expected but now it the Key Level We expect a little retracement since it reached a key level which is the same as HH in this occasion Let´s go with the trend and not against it Don't FOMO
We can see some Sellers stepping in on the pair We have a double top formation followed by continuation of good bearish candles We should look surf the trend and not going against it
This trade would be a trade for the week Despite the price being in a LL zone, we believe the price will drop till the Trendline or the black line which is our main reversal zone Why it will drop despite finding support on a LL zone? Because of the analysis made in a bigger time frame, we can see some indecision being formed and we believe that sellers will...
Love this setup This setup is perfect for a Long position As you may have seen on previous analysis, the pair is reaching a LL zone well respected. Since it's reaching a reversal zone, we may start looking for bullish candle patterns and positions being accumulated by buyers in order to drive the price up The perfect time-frame to spot ths beginning of a...
The pair is finding support on the HL zone We can see an accumulation of Long positions despite having bearish candles Look for a good candle pattern of entry, which is a Bullish Engulfing Don't FOMO
As you can see, the pair formed a Head and Shoulders pattern which in this case is a bearish pattern Since it's a bearish pattern, we should look to surf the trend and not against it
As you can see, on this pair is being formed several rejections This means an accumulation of Shorts positions to drive the price down till the LL zone A good pattern for confirmation is Bearish Engulfing Don't FOMO