bearish flag, larger corrective structure ,weekly trend line support ( 3rd ) touch possible
Possible bullish move for gold. As soon it touches order block we expect a bullish move. LONG XAUUSD
XAUUSD : Too many levels and too many opportunities but TIMING IS THE MOST IMPORTANT FACTOR. Don't trade in the middle, trade at the levels when market will be in our favour. Option1: If market bounces from the support zone of 1750-40, we can BUY. Option2: As the market has...
USDJPY: We had plenty of opportunities in the past hopefully we will get another good trade again. Though the market is standing at a very strong resistance, still market is not going down. It clearly shows the presence of BUYERS in the market. And considering the trend of the market, we should mainly look for BUY opportunities only. Option 1: If market retraces...
On the weekly chart we can see that after an uprun of 1400 pips GBPAUD is retracing, taking rest. Though it has slipped below the weekly support of 1.8670, still we saw some price rejection from below. Therefore, If price goes up from here and and start trading above the safe zone of 1.8670, we can BUY with an SL below the support. TARGET: 350-400 pips
DXY : Though USD was very bullish for many days but right now USD is trading on a range. 93.80-93.60 as the SUPPORT & 94.50 as the Resistance at the TOP. But unlike the previous time, USD is bouncing like the way it should have. Let's see on Monday
Pair Name : USDCAD TimeFrame : 4Hrs Direction : Short Type : Swing Target Range : 400 Pips Bearish Break : 1.25800 ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like button...
both EUR and GBP are weak...its going to be a interesting week to see what happens if both clashes with technical ???
One of the most profitable pattern to trade i.e. Flag & Pole which was forming in USD/JPY has given breakout with good bullish candle and volumes. It is expected that it will resume it's uptrend now until it reaches it's major resistance.
Pair Name : XAUUSD (GOLD) TimeFrame : 4Hrs Direction : Short Type : Swing Target Range : 500 Pips ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like button and follow us...
Pair Name : GBPCHF TimeFrame : 4Hrs Direction : Short Type : Swing Target Range : 180 Pips ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like button and follow us for...
GBPJPY has been respecting an upward trend for quite a long time. Now it has reached a major resistance and formed head and shoulders, which confirms the fall has to come. This is the setup of the previous video on GBPJPY.
Setup of the last video on NZDUSD. A big bullish candle has been formed, it might not trigger the order and continue to follow the trend :(
Bearish trend upcoming on the daily timeframe in CADJPY. Perfect head and shoulders formed at major resistance level.
Forex Swing Trade- CADJPY-4H-TF Limit Sell@87.514 SL-87.720 Target-87.560 RR-4.6 A strong upper trendline in play since many sessions is once again being approached! CADJPY is also facing a bearish divergence along so sellers may be coming soon, thus a short can be taken at rejection from the trendline!
GBPJPY has been on an upward trend channel for quite long time. It has approached a major resistance level now and has completely formed a head and shoulders at the resistance. It may fall a little, but the trend is still bullish. Let's see if the bullish run will end or not.
A detailed technical analysis of NZDUSD (didn't use advanced technical tools). NZUSD is currently near a major resistance line, forming a double top near it, a double confirmation for its fall. But if it breaks the resistance, it may become a major support line. On the daily timeframe, NZDUSD gave a nice pullback, confirming its fall.
The Major pair EUR/USD has given breakdown days before and retested the level and now has came back for retest at the same level. Might see a fall from here upto the next support. 50EMA is also providing rejection and trendline as well. Lower Highs and Lower Lows formation showcases weakness.