* Ascending triangle, mostly found in uptrend, and mostly bullish continuation. * The RBNZ increased it's interest rate by 75bps as expected, and the RBNZ were Hawkish, hence we expect more bullish presure with NZDCHF and NZD related pairs. * Break below the triangle may violate the pattern. Note: All ideas forecasts are my personal views on the market, I share...
Pound is bullish due to macroeconomic release buy only on breakout with retest. Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered...
Reserve Bank Of New Zealand Interest rate decision: The Consumer Price Index CPI rose by 7.2% in September 2022, it's fall from August's print but still higher than experts thought which the consensus is 6.5. Economists expect the Reserve Bank of New Zealand to lift the cash rate by a record 75bps while money markets wager a roughly 65% probability for the...
THE PREVIOUS IDEA WAS DISRESPECTED BY THE MARKET AND THE RESISTANCE WE EXPECT TO WORK WAS BROKEN AND TURN INTO SUPPORT HENCE WE ARE BULLISH WITH GBPJPY 4H TM. Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and...
I AM VERY BEARISH WITH SWISS FRANC AGAINST JAPANESE YEN THIS IS 4H ANALYSIS Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an...
EURNZD SEEMS VERY BULISH BUT DON'T REACT TRADING NOW, WAIT FOR THE BREAKOUT OF HAND Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be...
GOLD SEEMS VULNERABLE TRADING BELLOW NEAREST RESISTANCE Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an investment advice. I...
United States Dollar vs Canadian Dollar USDCAD BULLISH H1 US Dollar has been down over the past week and it is really amazing to spot an opportunity for the upcoming raise of US Dollar. Technical analysis: We found several reasons for the USDCAD pricing to go high. 1. USDCAD has pumped up from support level around 1.32313, where 8H TM was managed to be kept by...
Analyzing 4H TM also we'll wait for the break of our channel boundary for sell signal, but if price remain in, we'll look for buy set-up as our daily TM shows.
GBPUSD has been in global bearish trend due to dollar's high, but dollar seems to start correcting, and the close resistance are broken, and from the chart you can find next resistance target for buyers. Wait for the daily candle closure above the resistance being tested, then retest and find buying confirmation using lower time frames.
Analyzing daily and 4H time frames i spotted structure violation and price now trading within the channel, daily key support structure broken and now on retest. find entry point using lower TM
Kiwi Cable looks very bullish, the falling resistance structure is broken, and the price reached the important key structure once broken wait for retest and buy to the next resistance, it'll be next target after breakout , I'm bullish with kiwi against Cable. Remember Dollar is down due to CPI report and the dollar index looks to be correcting from a very long...
Kiwi Loonie looks very bullish, key structure is broken, and the neckline of our double bottom too, I'm bullish with this pair Please do find your entry point with lower TM and good confirmation clues.
Pound Aussie set-up i have spotted double top, rising wedge and falling resistance guys considering this structure, i believe to have so much more reward, and make sure to find good confirmation before entry. i hope that you'll follow with good sounding risk management, remember pound is fundamentally down, where baily has kicked the pound down, despite the...
Despite the fact EU trading in correction, I've spotted an area where traders should pay attention to, the price has already tested the major resistance level between Aug-Sep. Consider below reasons for selling market. 1. EURUSD is now trading below 50% and 61.8 fib ret. This is clear indication that EUR could continue trading low against Cable. 2. Another...
Education Double Top chart pattern A double top chart is a classic bullish reversal, which signals end for bullish rally. This chart pattern help traders to exist their trades if they go long on certain instrument and get prepared for selling opportunities after the break of neckline. This chart pattern should only be considered when there's existed bullish...
Education Bullish Flag Pattern This pattern is a bullish continuation which suggests further bullish rally. It helps traders where they can decide for bullish continuation and extended rally, the Bullish Flag Pattern should be formed with the existence of bullish trend. The break of the resistance from the drawn pattern is a sign for preparation of bullish setup,...
Education Rising wedge The rising wedge is a technical chart pattern which traders use to identify possible trend reversal, which appears to be an upward-sloping price chart featuring two converging trendlines. When traders find such patterns they get prepared for selling opportunities in market, and it provides lower risk setups with high rewards possibility.