GBPAUD forming a rounding top movement pattern which is usually related to double top pattern tends to downward. For risky entry sell, set sell limit. For safer entry sell, wait for price build up rejection or reversal pattern such as H&S.
Weekly key level around $1.07. In long term EURUSD buyer seems like not so interested, as the choppy movements showing on H4. Minor resistance is so close between the H4 waves indicates weak buyer, the movements almost flat. Strong movements is when the price move rocketing steep no retracement with small "pause" which SMC trader usually called them as "rally base...
GBPCAD formed H&S pattern on H4. It might still in the movements on the way upward to test the 2nd previous resistance and the price indicates, too. Maybe can find buy set up for intraday or scalping while in the move to the resistance.
Eurcad is incoming to the break out level (expectecd to be SBR zone) and trendline on H4. Expect will drop from the level. Risky entry with limit order, safer entry waiting for valid rejection. Swing sell set up, target not less than 100 pips.
Previously it was quite strong sell on H$ chart and the current structure showing weak buyer indicates still in selling momentum. Possible sell opportunity for intraday set up, waiting for valid swing low to be formed when internal (H1) swing low to be broken. As long as no minor swing low (choch) formed, no sell opportunity.
The trend is still strong downtrend, but maybe will make some correction from minor support to testing again the SNR zone. Buying side are still weak, too choppy candles movements on H1 but on H4 market structure broke the minor swing high (choch), even on M15 candles also printing weak buying. Trade counter the trend on higher time frame is always risky, so I'll...
GBPUSD breaking the nearest resistance. This pair has positive correlation with EURUSD which looks alike price movements. It's now on "QM Buy" zone, consider to looking for buy opportunity. Safer entry after trendline breakout. It's time to buy?
Several days ago I expect it will strong to going up but price action tells different story. Maybe will continue downtrend?
Eurusd is about to test nearest H4 resistance & SBR zone. Will it rejecting or will breakthrough? Daily candle showing bullish momentum. H4 Supply zone & daily FVG already filled during NFP news yesterday, going down to H4 Support but then change direction going up, break the H4 Supply zone. I expect it will break the downtrend channel. Buy if pullback occur to H4...
Possiblity to bounce at least 500 pips to test key level 1900 or break the support 1800. Still waiting for reversal signal. Just a trade idea.
EURUSD flirting on resistance price zone at €1.08 but also still on support trendline daily. Usually, based on price behavior (human psychology, maybe?), selling is stronger at below exact round number (below € 1.10), so I'm bearish for this pair. If it fall, target@TP1 should at €1.06 (200 pips), TP2 €1.04 (400 pips) and TP3 €1.02 (600 pips). Waiting for it to...
EURUSD flirting on resistance price zone at €1.08 but also still on support trendline daily. Usually, based on price behavior (human psychology, maybe?), selling is stronger at below exact round number (below € 1.10), so I'm bearish for this pair. If it fall, target@TP1 should at €1.06 (200 pips), TP2 €1.04 (400 pips) and TP3 €1.02 (600 pips). Waiting for it to...
Gold moving in channel. Last week gold was massively dropped more than 200 pips in a day. Upward movement possibly corrective move. What you guys think?
It's going toward to demand zone in discount price range. Maybe will upward soon?
Currently in bullish trend on H4 and daily, in corrective wave.
Several weeks ago I expect it will going down retrace to price 64¢ but it didn't, it was pumping from 65¢ and broke the strong resistance swing high at 68¢, after that correction to strong support at 66¢ before it pumping hard again to test that 69¢, but unfortunately not yet touched. Usually when the price doesn't touched particular strong round number (almost...
USDJPY still in uptrend and it already touches ¥140, now seems like going to make some pullback/correction wave down to ¥138 towards SNR (RBS) zone. I'm looking for bounce from this level. I'm consider to buy at ¥138 with stop loss at ¥137.4 (60 pips), target/TP1 at ¥140 (200 pips), TP2 at ¥142 (400 pips), minimum RRR 1:3. Buy at "seller zone" (¥138) is quite...
Technical Analysis: Right now it's in "buyer zone" in price range 80¢~90¢, and now it's still playing around strong buyer zone at 81¢ but historical data didn't showing this price as strong support (no significant reaction) and it showed 80¢ is better support aligned with demand (zone) on daily chart (D1) at this price level. MACD showing bullish divergence on H4...