Platform_Solution

Platform_Solution

With expected continuation of the bullish trend on the EURUSD pair, we take note of price action upon entry into a previous resistance turned support region that co-incides with the "Golden Zone" on the Fib. This might be the perfect re-entry into "Long" for traders that closed positions after the previous "bull run". We wait and see what the market gives to us...

Platform_Solution

There is currently seeing bullish price action on the 15m timeframe which appears to be a pullback/retracement on the 4h timeframe which is now displaying bearish price action. This appears to be preparation of lower timeframe re-alignment of the higher timeframe price action. The expectation is that price will "tap-in" at the 78.36 price point where there is ...

Platform_Solution

As markets re-open, we track price with the intention of finding out where it will head next on this pair. The monthly timeframe shows ranging in a defined price region over a prolonged period (since November 2023). The 4h timeframe show bearish activity where we have noted a retest of a high at the 0.85323 price point (shown on the 15m timeframe as the current...

Platform_Solution

We are still expecting Bullish Price Action from the EURUSD pair and currently we await confirmation of the end of the current retracement on the 4h TF. There is some amount of internal liquidity (Bullish FVG) just below the resistance turned support where price is currently sitting on the 4h TF, so a fall below the support is very much possible and may just be...

Platform_Solution

Uncertainty looms as the Nas100 Index currently hovers in unchartered areas of historic highs. We scale down to the lower 15m TF to get a hint of where price could possibly head next. We personally do not intend to take any long trades until there is a significant retracement into one of the areas of interest on a higher TF as we expect choppy price action due to...

Platform_Solution

The expectation for EURUSD - price continued its upward trajectory as evidenced by the continuation of HH and HL. Low trade volume at this time is causing the expected consolidation/weakening of the uptrend. Bearish orderflow has been noted at the 1.08827 region, just above a previous daily high created on April 9, 2024. The expectation is that the combination...

Platform_Solution

On Friday - 17 may 2024, price tapped by in to the 1H orderblock at the 1.08357 price level. Structure on the same timeframe confirms bullish price action with the continuation of higher highs and higher lows. Further bullish price action is expected during the London session when volume returns to the market. At this point, we are expecting bullish order flow...