Hi guys,
here is my analysis on GBPUSD. I can expect price to drop to the downside from this supply zone marked up in red. On top of that we clearly see an Head ans Shoulder pattern forming righ now. Most of the time when we get this kind of pattern forming in this kind of zone (supply), we can expect at least a move to the downside. But lets see after news...
Here we can see the market have formed a W (Double bottom) , a reversal pattern. My prediction is This market gonna go long at least to grab those equals hights ( concept of liquidy grab). We can set our TP on those hights. www.tradingview.com
Hi Guys ! A quick analysis and idea on this crypto. XRP give us lately a huge retracement as you can see almost to the previous demand zone.
My prediction is it gonna shoot up to the sky to the next target about $1.
In correlation from a hight time frame perspective and overall downtrend of the DXY (Dollar US) which is bearish and BTC (Bitcoin) which is bullish,...
Hey Guys ! Here is a nice Head and Shoulder forming on the top of a long bullish trend.
I recommand to wait for NFP to happen before, and find a clear entry to short this pair.
www.tradingview.com
Hello guys ! Here is an idea for swing trade on GBPAUD. A nice Head and Shoulders setup is currently forming on Weekly timeframe. Setup is forming even clear if you zoom out on the Daily. Mixed with the Fib retracement to the 50%-61.8% ratio.
Don't hesitate to tell me your thoughts about that.....have a nice trade.
www.tradingview.com
Here is a nice setup for a short on EURJPY. You can see I marked up the chart a pattern named "Wolf Wave". if you don't know what is it, I recommend you to go find yourself about it on internet. The big idea is when this kind of pattern appear after a long bullish trend and on top of a major resistance, then there is a hight probability the trend gonna reverse, or...
Considering the strong bear since many months, that means sellers still there. This setup could potentially be a swing buy, but in a strong selling market like this, we need to be carefull and priviliged short position.
This doesn't mean we cannot buy sometimes like this setup right now.
My prediction :
Market could potentially throwback at the daily pivot...
www.tradingview.com
www.tradingview.com
Hi guys,
Here is a quick analysis of the USDZAR market for the following hours:
You can see the hidden divergence (blue line) founded between the last two lower highs of the downtrend and both marked up the RSI indicator.
Most of the time (like around 90%), this type of divergence means that the current trend will...
