TradingClear

TradingClear

In the bigger picture of the weekly timeframe, the OANDA:EURUSD is currently showing us two possible scenarios: 1. The ABC correction (light blue) is coming to an end soon, and the pair is bound for one more strong impulse to the downside, which will take the price down to the 0.95 area, first, and potentially much further down, towards the 0.838 area. 2. The...

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We believe that the correction on OANDA:EURCAD is over, and the pair is starting an impulsive movement to the downside, which represents a great short opportunity with an excellent risk to reward ratio. On the 60min timeframe, the pair broke the ascending triangle pattern to the downside, retested the trend line and started the down movement, so we opened short...

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Correction seems to be over, for OANDA:EURCAD , and the time seems ripe for a short opportunity. A first impulse to the downside has gone through following news regarding canadian CPI and sales report, so watch it on the 60min and 15min timeframes, if it makes a small correction, it is time to sell. Updates will follow. Trade with care and only with a...

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OANDA:EURNZD is still in a complex correction. However, things appear to be a little clearer now.If it breaks the triangle to the downside, we are looking at two possible scenarios: 1. the "A" segment of the triangle was a downward impulse, the "B"+"C"+"D" segments, a correction of said impulse, to which follows another downward impulse that will take the...

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Is the correction over, on OANDA:EURNZD 0.25% , or no. If it is, the almost completed triangle is going to break to the upside. If instead the correction is not over, the triangle will break to the downside, and the EURNZD 0.25% pair is going to go for one bigger, deeper, down move. As it stands of now, we believe the correction is over. Two ways to play this. On...

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So the OANDA:EURGBP pair dropped as expected, and we're in the sell from the top. In the beginning of the week however, all euro pairs had a somewhat impulsive upward movement, which some of us expected and some did not. Going back to the technical analysis on this pair, we are still expecting a big move to the downside, all the way to the 0.8054 area (yes,...

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If you are not in the trade from the top, on OANDA:GBPCHF use the corrections and their brakes to get into the sell. Such as these. Watch it when it gets to the lower trend line on the daily, as then it might consolidate a little deeper to the upside - so if you sell now, put your stop above the correction, but then later on move it to break even and watch what...

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So our previous model was invalidated because, as it often happens in trading, we anticipated the forecast but the structure did not yet complete itself. Now the structure seems to be pretty clear and here it is. Great short opportunity with excellent risk to reward ratio. We believe another impulse to the downside is commencing as of now. If you are not yet into...

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Isn't OANDA:EURNZD tricky at the moment. It made an impulsive movement up, followed by an immediate impulsive movement down. To us, it seems that it is still just in the same correction. If you were to take these impulsive movements off the chart, things would seem a little clearer, or at least it appears so. Maybe it is best to stay out of this trade. However,...

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As of now, OANDA:EURJPY is completing a corrective structure within the 60min / 4hr timeframe. Within the aforementioned one, there is also a smaller (upside) corrective structure, which can be seen in the chart. Once this structure is completed, we will be looking for a sell setup. We are already in the sell from previous highs, but we will sell more. If you...

TradingClear Updated 

The OANDA:GBPCHF pair seems ripe for a bigger, deeper, downside movement. On the weekly time frame, the pair has broken all structures, and on the daily time frame, it has consolidated for several days right under the bottom weekly trend line: a clear sign of further downside intentions. On the 60 min. timeframe, the upside impulsive momentum seems to have come...

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At this point, the correction might be over, and a potential ABCD pattern could be the beginning of the upside. Strictly connected with the NZDUSD major Not for any correlation, as there is no such thing, but in terms of strength of the Kiwi currency: if it breaks the weekly structure to the upside, said currency will gain even greater momentum and the Euro is...

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OANDA:GBPCHF has broken all structures. It has broken the weekly structure, with a long daily corrective structure, and has recently broken the daily structure, and has been consolidating also under the daily structure. Really, what more do we want, as a confirmation that this pair is craving for more downside? Any sell is a good sell, from here on. Updates on...

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OANDA:NZDUSD is still in the daily correction that lies "on" the weekly upper trend line. We believe the correction is about to be completed, and that NZD is ready for more downside, all the way down to re test the 0.6825 low. The reason that we believe that this on the daily is not a "consolidation" correction structure, is that the preceding impulse that took...

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Correction time might be entirely over, for Silver. Will retest the upper daily trend line, at least, in the $ 16.5 area, and then it will tell us if the impulse will continue to the $ 22 - $ 22.5 area, or it will come again for one more down. In any case, now is the moment to go long on Silver, as it might never come back to retest Friday's low at $ 15.18. Trade...

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If someone were to ask us which pair, commodity or stock drives us most crazy, the straight answer would be EURNZD. We have been following this pair for so long, with a correction lasting around one and a half years. The good news remains the potential of another upwards impulse, which would structurally take the pair in the 2.0 area. The question is: when is this...

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We will be starting to look at sell opportunities closely, on the EURGBP cross. The pair could start reversing at the completion of this last small impulse/correction/impulse on the shorter timeframes, and that will also coincide with the end of a smaller abc correction within the bigger ABC (please scroll chart left to right and down to bottom to see bigger...

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OANDA:NZDUSD is at the top of a major movement and is consolidating "around" a weekly trend line. As the structure is completing itself, it is now evident how the pattern is a 3 wave consolidation structure. At the moment this seem like a consolidation/confirmation structure for more upside, which is still possible. Another option is that the pair reverses...