on WEEKLY: EURSEK is overall bullish making higher highs and higher lows, and it is currently sitting around our lower blue trendline so we will be looking for objective buy setups on lower timeframes. on H1: price formed an objective wedge pattern in red, so we are waiting for a momentum candle close above its last swing standing to buy. we also have divergence...
Price is approaching a strong supply/resistance zone in green from Weekly so we will be looking for objective sell setups on lower timeframes. on H1, price formed an objective trendline in blue, so we are waiting for a momentum candle close below our red zone to sell. Meanwhile, GOLD would be overall bullish and we will consider buying after an objective break...
BUY SCENARIO: Price is overall bullish making higher highs and higher lows, and forming an inverse head and shoulders pattern. We are waiting for a momentum candle close above its neckline in green to buy SELL SCENARIO: Price is approaching a resistance so we will be looking for reversal setups. Price formed an objective trendline in red, and we have...
EURGD is currently sitting around a strong supply zone in red. price is currently trading inside our blue channel, and also formed an objective head and shoulders. we are waiting for a momentum candle close below our blue neckline to sell this one. we also have divergence on MACD adding more confluence to our setup.
price broke our symmetrical triangle in red upward but we didn't buy, as mentioned last week, we can expect price to test our red zone before going downward to get more liquidity, but we are interested in selling this pair as price is sitting around a strong resistance zone. AUDUSD is approaching our red rejection zone from Daily timeframe so we will be looking...
on DAILY: EURAUD is sitting around strong support in purple 1.660 so we will be looking for objective buy setups on lower timeframes. on M30: price formed an objective symmetrical triangle in red and broke it upward. we also have divergence on MACD adding more confluence to our setup.
As per our top-down analysis video two days ago, we will be looking for objective buy setups on lower timeframes since price is sitting around a strong support zone from Daily. we are waiting for momentum candle close above the upper red zone to buy. Reasons: 1- Support in Orange 2- Objective Trendline in blue 3- Divergence on MACD
on DAILY: EURUSD is sitting around a strong support/resistance zone so we will be looking for objective sell setups on lower timeframes on M30: price is forming a channel in orange, so we are waiting for a new swing to form around our lower orange channel and then sell on its break downward. we also have divergence on MACD adding more confluence to our sell setup
on DAILY: price is sitting around a strong support/resistance zone in red so we will be looking for objective sell setups on lower timeframes. on H1: price is overall bullish making higher highs and higher lows so we are overall bullish. However, price is sitting around resistance and we have a bearish divergence on MACD. Moreover, price is trading inside a...
on DAILY: GBPCHF is sitting around a strong support zone in red so we will be looking for objective buy setups on lower timeframes. Unless price breaks aggressively below our red zone, then a bearish movement till the all-time-low would be expected. on H1: price formed an objective trendline in blue, and we have an inverse head and shoulders forming. we are...
on DAILY: this pair is approaching a strong support/resistance zone and round level 1.70 (in orange) so we will be looking for objective buy setups on lower timeframes. Unless price breaks it downward aggressively, then a movement till our next support in purple would be expected. on M30: price formed a double bottom pattern and an objective trendline in blue,...
we are waiting for a momentum candle close below our lower blue trendline to sell this one long-term. meanwhile, our blue trendline acts as support, so we will be looking for objective buy setups on lower timeframes.
GOLD broke our symmetrical red triangle upward and traded higher, so we would be overall bullish here until an objective sell setup is activated since price is sitting around a supply zone in green. waiting for an objective break below our blue trendline or red trendline to sell GOLD long-term. meanwhile, GOLD is still overall bullish and can still test the...
as expected, price rejected our round number 10.00 and resistance/supply zone in blue. then price found support around our lower red trendline forming a new swing around it, so our red trendline is now valid and we are waiting for an objective break below it to sell Bitcoin long-term. meanwhile, price is retesting our 10.00 level again so we will be looking for...
As expected, price is retesting our previous resistance in red. Price didn't break below our double top neckline, so we didn't sell. then price broke above our upper blue trendline objectively, and we will keep holding our buy until as long as price is trading above our orange trendline. (or until an objective sell setup is activated)
price broke objectively below our lower blue trendline so we are currently holding a sell. moreover, price is currently trading inside a red channel, so we will keep holding our sell, until price breaks objectively above our upper red trendline
we are still waiting for an objective break below our green trendline last swing standing (blue zone) to sell this one. keeping in mind that price can still test the upper red resistance/supply zone before going downward. but we will only look for sell opportunities on AUDUSD as price is approaching a rejection zone in red.
as expected, price rejected our upper green trendline and traded lower. and since price didn't break above our orange resistance, we are still overall bearish. price is retesting our green trendline again so we will be looking for objective sell setups on lower timeframes. Unless price breaks our orange trendline objectively, then we will be looking for...