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USOIL – Key Levels for Day Trading

As we can see on the 30M time frame USOIL chart I marked the next key levels for a day trader. Below us, there is a great demand level for day trade buy position, This demand also broke out the supply from 31/10/19 which indicates

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GBP/JPY - Long Term Buy Position Opportunity.

GBP/JPY – Long Term Buy Position Opportunity.

Combination of CCI Divergence and Fresh Demand. Monday 14/10/2019 GBP/JPY has a significant rally of about 700 pips in the last few days. For the long term, it seems the GBP/JPY price has changed the momentum from bearish to bullish. The price reached a new

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BTC/USD - Long Term Price Action Analysis

BTC/USD – Long Term Price Action Analysis

It Seems BTC/USD Price on Its Way to 4200.00 Zones. Tuesday  08/10/2019 On the D1 time frame chart, BTC/USD price performed a Descending triangle pattern. The Descending triangle pattern represents a situation where the buyers cannot push the price to a new high. The price

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Which Direction the Price Will Break the Triangle Pattern, Down or UP?

USD/CAD – Symmetrical Triangle in Monthly Chart

Which Direction the Price Will Break the Triangle Pattern, Down or UP? Long Term Analysis for USD/CAD Sunday  06/10/2019 The symmetrical triangle pattern is a pattern where the price converges into a tight range. The  USD/CAD price creates a higher low and a lower highest.

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XAU/USD is Between Two Quasimodo Levels.

XAU/USD – Key Levels For Swing Forex Traders

XAU/USD is Between Two Quasimodo Levels. Thursday 03/10/2019 As we can see in the H4 time frame chart, the XAU/USD is bearish for swing forex traders. The price now is just between two Quasimodo levels. Quasimodo is one of the most powerful reversal pattern in

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GBP/JPY Performed a Double Bottom

GBP/JPY: Double Bottom on The D1 Chart

GBP/JPY Performed a Double Bottom After MACD Divergence. Wednesday 25/09/2019 If we look at the GBP/JPY D1 chart, we can see that the price has performed a double bottom pattern below. A double bottom is a reversal pattern in the forex market. It usually shows

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Quasimodo Forex Pattern - USD/JPY is still considered in bullish momentum

USD/JPY: Bearish Quasimodo After MACD Divergence

Change the Momentum or Only a Technical correction? Thursday  19/09/2019 The USD/JPY is still considered in bullish momentum. We can see the significant MACD divergence which lasts all the recent uptrend. While during this uptrend the price creates a few higher highs the MACD indicator

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