Vladimir Site

Switching to bullish mode in USDCAD

Trade-Forex-Online I’ve been following this pair since last week but the market never did what it was expected to, for the sell scenario to kick in. Now I think we can switch to bullish view and look to buy once the double wave correction completes itself. It is well seen on the H4 chart and the H1 chart. Bullish hidden divergence is also forming at the moment. [Read more...]

Look for buy opportunities in EURGBP

Trade-Forex-Online Once again a reminder that we are in NFP week and bank holidays ahead. Keep risk low and only enter trades that are clear and obvious! EURGBP might present a good buy opportunity soon. We are looking for a double wave correction down before going long along with bullish divergence to develop. Entry: H4 – Wait for the potential double wave correction [Read more...]

USDCAD preparing the ground for a short

Trade-Forex-Online First of all it is important to mention and keep in mind that we are in a NFP week and we could expect the market to be rangy and make a lot of zig zags. Trade carefully, use smaller risk if you are not confident in the given setup or simply ignore it. USDCAD looks pretty interesting in my point of view. As long as 1.2750 holds and price stays below [Read more...]

U.S. oil futures edge lower ahead of supply report

Oil barrels are stacked at a storage facility in Seattle, Washington Investing.com – West Texas Intermediate oil futures edged lower on Wednesday, amid speculation weekly supply data due later in the session will show U.S. crude inventories rose to the highest level on record last week. Wednesday’s government report was expected to show that U.S. crude oil stockpiles rose by 5.1 million barrels last week, [Read more...]

Bullish continuation expected in GBPUSD

Trade-Forex-Online Pound is acting as we expected it to (covered in weekly forecast) and now if you missed the initial entry there is a possibility to re-join. Pair is currently consolidating and it is trading inside a triangle. There are two scenarios to follow. Here is the plan: Technical Overview: H1 – triangle pattern forming, up trend line to follow Entry: Scenario [Read more...]
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