Cadchf has a perfect channel on the 4H. Price has reached the top of this outer channel once again and I am expecting it to drop.
Bitcoin has a lot of people fooled right now. Do not be a fool and buy bitcoin on this daily trendline! Bitcoin has been in a down-trending channel for over a year now. Price has finally made its way back up to the outer trendline at the $10k level. Price always gives us a clue and that clue right now is the triple top formation. The buyers are getting exhausted...
USDCAD is in a massive channel on the 4H. I labeled the outside of the channel so you can see what I am talking about. I have also identified the reversal pattern that is currently on the 1h time frame. This looks like a great 150+ pip trade. If you are a human-like this idea. As always, Trade safe.
EURNZD broke out of the 9+ day downtrend yesterday. Today you can see that a bullish flag has formed on the 1h time frame which will push EURNZD even higher. The potential targets for this trade are 1.80420 - 1.82+. If this analysis was helpful give this idea a like and follow me for more ideas! Always use a stop loss and trade safe!
Euraud has been uptrending for over 4 years now. As you can see, price is also re-testing an 1000+ day old trendline and major major support zone. This take profit could potentially net 2200 pips with a 5:1 risk reward. If you found this analysis helpful give this a like and follow me for more ideas!
USDCHF has a great buy opportunity at .96120. This is a major support zone and on a 4h trendline. Price has been ranging on the 4h for over 2 months now so there is a great probability it will continue here. On the 1h time frame, there is also a channel and price is now at the bottom of this channel. To top it off, the risk-reward is great. If you found this...
Silver is trapped within a 2200 day range! This is a rare thing to see and a fantastic opportunity. Silver is still by no means bearish yet but keep an eye on this weekly trendline. The zone I'm looking at for potential shorts is the 18 - 18.50 area. Wait for rejection and trade accordingly. Let me know what you guys think about silver!
Great trend trade on euraud! A perfect example of an upward channel with a great risk-reward.
The ideal selling scenario on usdchf. Price has been trapped under this trendline and has respected it over the past few weeks. Solid opportunity to sell this!
USDCAD has a textbook bullish flag this week on the 1 hour time frame. As you can clearly see, price broke out of an accumulation pattern last week and it is now re-testing this zone. My target area for this trade is the upper trendline at or around 1.40880. This is a 2.64:1 trade with a 100+ pip potential. Always use a stop loss and trade safe. If you found...
AUDUSD has been in a downtrend for a very long time. How long you might ask? For over 8 years now AUDUSD has been making its way downtown. What does this mean for us traders? It means we should short AUDUSD on every pullback because the odds are heavily weighted in our favor. I am looking for a sell on the 4H trendline at .67240 with a take profit conservatively...