GOLD Update (Daily TF)
We had a triangle until last week’s breakout, but it failed to break below the large WICK. What it does is a small range on lower time-frame. If price break-below, i’ll be looking for a retest to trade this & if the price goes to the perfect retest area, we need to wait for the structure change on lower TF to take a trade from there.
We had a triangle until last week’s breakout, but it failed to break below the large WICK. What it does is a small range on lower time-frame. If price break-below, i’ll be looking for a retest to trade this & if the price goes to the perfect retest area, we need to wait for the structure change on lower TF to take a trade from there.
EURUSD Update (Daily TF)
After almost 2 months of consolidation, finally now we have a reversal setup. Which means, we can expect the market to have a trend now. Based on reversal rule, we need to keep looking for trades on lower timeframe until we see another reversal. Thats how you should take trades on reversal setups.
After almost 2 months of consolidation, finally now we have a reversal setup. Which means, we can expect the market to have a trend now. Based on reversal rule, we need to keep looking for trades on lower timeframe until we see another reversal. Thats how you should take trades on reversal setups.
EURUSD Update (4 Hour TF)
After my previous dailly analysis (reversal), we had an initial level where the price could give us a retest. Right now, the price is at that retest level and its failing to create HH. However, we also have a ranging phase on 4-hour. In order for the price to go down, we need to see the price to break-close below the Base-Level.
After my previous dailly analysis (reversal), we had an initial level where the price could give us a retest. Right now, the price is at that retest level and its failing to create HH. However, we also have a ranging phase on 4-hour. In order for the price to go down, we need to see the price to break-close below the Base-Level.
NZDUSD Update (Daily TF)
On lower timeframe, this looks like a messy market. But it has a clear ranging structure here on Daily TF. However, the next direction is unclear. It could go UP or it could go DOWN, but when it does, it should come back to the previous structure. Placing trades and targets in between these range with a help of lower timeframe is the best idea to trade this chart.
On lower timeframe, this looks like a messy market. But it has a clear ranging structure here on Daily TF. However, the next direction is unclear. It could go UP or it could go DOWN, but when it does, it should come back to the previous structure. Placing trades and targets in between these range with a help of lower timeframe is the best idea to trade this chart.
DOLLAR INDEX Update (Daily TF)
After a reversal setup on Daiiy, we needed to see a retest. Based on today’s movement, I can count this at a proper retest. So, basically i’m expecting DXY to stay bullish for a good period of time. However, i’d like to see the price to break above the previous HH to confirm further movement.
After a reversal setup on Daiiy, we needed to see a retest. Based on today’s movement, I can count this at a proper retest. So, basically i’m expecting DXY to stay bullish for a good period of time. However, i’d like to see the price to break above the previous HH to confirm further movement.
EURUSD Update (Daily TF)
EU is the mirror of DXY at the moment. According to my previous anaysis, price is now at its perfect retest area, where we can start looking for short-trade-setups. To keep it more advanced, you can go to the lower time-frame and wait for the trendline break to confirm it before taking any trades. However, just like DXY, it would be better see the price to break the previous LL to set a target to the next Stop Level.
EU is the mirror of DXY at the moment. According to my previous anaysis, price is now at its perfect retest area, where we can start looking for short-trade-setups. To keep it more advanced, you can go to the lower time-frame and wait for the trendline break to confirm it before taking any trades. However, just like DXY, it would be better see the price to break the previous LL to set a target to the next Stop Level.
GOLD Update (Daily TF)
Seems like the forever bullish gold has started its movement again. We have multiple reasons to take buys on GOLD. 1st, we have the trendline confimation and then price has just started showing strong bullish pressure. Till the next level, we’ve enough room to take buys on GOLD and after that, we just need to wait for the breakout to take more buys again. But if price shows a rejection at that next level, we’re gonna need to re-think our bias.
Seems like the forever bullish gold has started its movement again. We have multiple reasons to take buys on GOLD. 1st, we have the trendline confimation and then price has just started showing strong bullish pressure. Till the next level, we’ve enough room to take buys on GOLD and after that, we just need to wait for the breakout to take more buys again. But if price shows a rejection at that next level, we’re gonna need to re-think our bias.
GBPUSD Update (1 Hour TF)
We have a downtrend on 1 hour timeframe of this chart. The two possibilies are, either the price could go up, make a double top and then comes back down. Or the price break the current level by making a lower low and then give us a retest. I’m waiting for any of these two scenario.
We have a downtrend on 1 hour timeframe of this chart. The two possibilies are, either the price could go up, make a double top and then comes back down. Or the price break the current level by making a lower low and then give us a retest. I’m waiting for any of these two scenario.
AUDNZD Update (4 Hour TF)
AN is also in a downtrend, however we have an impulsive phase at the moment. So, i’m waiting for the price to get back to the retest level and give us a solid trade-setup with less risk. Boxed area is the major key level of this current structure. If that violates we can expect a change of the current trend.
AN is also in a downtrend, however we have an impulsive phase at the moment. So, i’m waiting for the price to get back to the retest level and give us a solid trade-setup with less risk. Boxed area is the major key level of this current structure. If that violates we can expect a change of the current trend.
US TECH (Nasdaq100)
With this, the monthly candle also closes. We now need to look for new trading opportunities on Nasdaq 100.
With this, the monthly candle also closes. We now need to look for new trading opportunities on Nasdaq 100.
EURUSD Update (1 Hour Update) for today only
Due to US Election, we can expect the market to get too volatile today. I'm expecting all USD to go bullish. But there's no point of trading all pairs. So, i'm focusing on Eurusd today. Expecting is to go down. Use lower TF to help you with a better entry setup.
Due to US Election, we can expect the market to get too volatile today. I'm expecting all USD to go bullish. But there's no point of trading all pairs. So, i'm focusing on Eurusd today. Expecting is to go down. Use lower TF to help you with a better entry setup.