Some time ago the price touched the strong resistance zone of 139.626. This zone is formed by two resistance lines at once, one of which is the strongest - in 2016, and the second - in 2018. Also in this zone is the resistance level. As you can see on the larger timeframe, since 2016, each arrival of the price to this line ended with its collapse and trend...
After a recent return to the 92.181 level, the price fell back to the support zone. I want to remind you that at the very beginning of September we saw exactly the same situation: The price broke through the level, dropped to the support zone, fixed on it during a small quick correction, and rose above the level. Now we can observe a repetition of the...
Analysis of #ETHUSDT Hello friends, here we have a confirmed double bottom with a clear break of the neckline and I can see we have not yet come to any resistance level near 600. the plan is similar to my post on XRPUSDT, you can check the link below this idea. if the market came to my buying zone near 500-510 I will consider buying entry if the rules are...
Breakdown of CAD1.73500 during the week is a sign that the loonie risk a further decline in the latter part of the year... GBP/CAD exchange rate falls even as we anticipate the re-introduction of Covid-19 Tier System Tendency: Downtrend ( Bearish ) Structure: Trendline | Supply & Demand | Breakdown Observation: i. Price did not respect Trendline...
On the daily chart, we see the situation for NZDJPY. The main lines dictate the direction of the price today. We have also formed a resistance zone, which consists of two resistance lines. So here I am expecting a fall. The target is the nearest support line. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
So let's start LEARNING. On the chart in the description, we see a good example of a strong resistance line. You can see how the price perfectly touches the given line and then reverses. This line is very important for us today because the price is currently near it. Next, go to the 4TF chart and see the perfect deal. We put SL above the resistance lines and TP...
Since the beginning of September, the price has entered the descending channel and remains there. Now the price is near the upper border - the resistance line. Therefore, we open a sell deal. And we are waiting. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
At the beginning of November, the price broke through a strong resistance line and now continues to "walk" between this line and the support line. So now the signal is clearly visible. we open "BUY". Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Analysis of #DXY Hello friends, traders are persistent to not buy the dollar and keep selling every rally, with the Fiscal stimulus package talks sure that is bad news for the dollar and that by itself should help the US economy. Looking at the chart I see no reason preventing the US dollar from testing the 89-88 zone which is Feb 2018 low, maybe will do that...
EURUSD - Intraday - We look to Buy a break of 1.1942 (stop at 1.1919) We look for gains to be extended today. Daily pivot is at 1.1200. Our bias remains bullish and further upside is expected to target resistance at 1.1200. The bias is to break to the upside. We look for a temporary move higher. Our profit targets will be 1.1998 and 1.2048 Resistance: 1.1940...
Gold - Intraday - We look to Sell a break of 1788.4 (stop at 1805.5) We look for losses to be extended today. Prices are extending lower from the bearish flag/pennant formation. Price action is forming a bearish flag which has a bias to break to the downside. A break of 1800 is needed to confirm follow through negative momentum. Our outlook is bearish. There is...
Nano - Intraday - We look to Buy at 1.063 (stop at 1.019) Trend line support is located at 1.050. We look to buy dips. Short term bias is bullish. The RSI is trending higher. Our profit targets will be 1.194 and 1.275 Resistance: 1.200 / 1.280 / 1.400 Support: 1.110 / 1.050 / 1.000
Analysis of #CADCHF Hello friends, a potential advanced harmonic pattern, bullish Cypher may complete soon providing a reason to buy if the rules are met I hope this idea earns your likes and comments, that will really support me to keep providing you valuable analysis Really appreciate your support and feedback Check today analysis...
Strong downside impulse might continue if we can see a break below 1.30 level. Currently price are trading in a correction phase while trying to break below 1.30 level. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade,...
Price creating a bullish flag pattern after a break above 124.0 level, Look for a long opportunity at the break out of the flag pattern. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so...
Potential upside move at the retest of the based area, we can see rejections above 50MA and 50% fib level while inverse head and shoulder pattern forming at the break out of the descending trendline from 6th Nov 2020...
Hey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation. CAD/JPY: Daytrade-Preparation Buy-Limit: 80,000 Stop-Loss: 79,820 Target 1: 80,150 Target 2: 80,270 Target 3: 80,450 Stop-Loss: 18 pips Risk: 0,5% Risk-Reward: 2,75 LEAVE A LIKE AND A...