βοΈDo not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss...
Pair Name : USD/CAD π¨Time Frame : 4hrs Chart / Close βScale Type : Large Scale ------ π spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money βοΈ Key Technical / Direction ( Short ) Type : Mid Term Swing βββββββββββ Bearish Break 1.36500...
The price has recently reached a strong resistance zone, noting previous sell-offs in that area. It appears that we may see more sideways movement as summer approaches. Looking at the FX:EURUSD chart, we can see lower highs and higher lows forming a triangular pattern. And the market is currently testing the key resistance at 1.08000 and the channel boundary. On...
EU is Bearish on HTF During Sunday Market Review we had previously anticipated a short position targeting swing lows, but mostly based on MTF/LTF structure, where we saw CH and a potential pull back to MTF/LTF POI. Unfortunately those POI and CH were all trap that were used to fuel bullish pressure to mitigate POI/IMB. mind you this IMB mitigation had happened on...
GBPUSD is moving in a descending channel near the upper boundary. The volatility of the price movement decreased when approaching the channel boundary. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the...
Hello Traders ! On Friday 3 May, The GBPJPY Reached a Strong Support Level (191.370 - 189.994) Currently, The Lower High is Broken (Change of Character). So, I Expect a Bullish Moveπ ------------- TARGET: 197.040π―
GBPCAD Is Getting Ready For The Next Move The price has been accumulating within a bullish "flag pattern" for the past two weeks. The bullish flag pattern is a bullish continuation pattern created during an uptrend. If the price manages to break out of this pattern, bullish volume should increase further and we could see GBPCAD rise to 1.7350 You may find...
FX:EURUSD is heading towards trend resistance with interest. This is also supported by the weak dollar, which is standing still. But, the currency pair is still in a bearish trend Buyers are trying to strengthen the euro. On D1 a consolidation format of movement is formed. In this case, the pair may test the trend resistance, but it will be difficult to break...
Hope all of you having a great weekend, Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly...
ππ EURUSD Analysis π»π π Currently, EURUSD finds itself at a crossroads, caught between two vital daily structures. Looking ahead to next week's potential moves, here are two scenarios to watch: 1οΈβ£ Bullish Outlook: If the market breaks the trendline and seals the deal with a solid close above a hefty resistance line forming a substantial falling wedge on the...
Dear Colleagues, I believe that the price is in the impulsive movement of the senior wave β3β and in the junior corrective wave β2β. Therefore, I expect the price to correct to the area of 50% - 61.8% Fibonacci levels at 1.07217, then I expect the upward movement to continue and reach the resistance area at 1.08843. Manage your capital correctly and competently!...
The 1.08000 zone still has a lot of selling pressure, so if there is no clear breakout, the price would have to fall back towards the 1.07500 level. Guys, what do you think? Leave a comment with your thoughts.
β GBP_USD broke the falling Resistance and the breakout Is confirmed so I am bullish Biased and I will be expecting A further move up LONGπ β Like and subscribe to never miss a new idea!β
I guess it is pretty evident from the chart itself. Enjoy the head and shoulders! Cheers!
FX:NZDUSD is entering the consolidation phase after breaking the local trend resistance. On D1 the price enters a new range and on H1 a golden cross is formed. The dollar is standing still and losing positions since the opening of the session on the background of negative news. This is generally favorable for the currency pair. In this case, a retest of the...
Bearish momentum on the weekly time frame. waiting for price to mitigate the 2hr OB in order to go short.
ππ EURCHF Update! π π Here's a deeper dive into the current situation: EURCHF has been consolidating around a key horizontal level, indicating a potential reversal point. π The formation of a bullish pattern π suggests that buyers might be gaining control, especially after a successful test of this level. π The crucial signal to watch for is a daily candle close...