GOLD has broken above long term descending trendline which suggest possible upside continuation in coming days... as per technical chart analysis we can notice Ascending channel pattern on daily chart to which price is respecting succesfully and bullish price is expexted to cap in between channel unless chart pattern is broken .... for shorter term we can see...
GBPUSD remain still bullish in daily chart.. and we will wait for confirmation in 1hr chart by supertrend... BUY on close above Supertrend resistance and when Supertrend turns green. in 1hr chart profit target 20 - 50 pips.. Autotrade using supertrend ea.. follow us for more..
Ascending channel pattern , price moved strongly lower on firday news on possible russian attach on ukraine , as threat subsides price may continue its path upside on ascending channel pattern.. look for potential long lower , or wait for our next update on eurchf .. Follow us for more..
Hello Traders, we expect EURAUD to possibily rise in coming days , as both daily and weekly chart 20ma moved above 50 SMA , atleast short term bullish pressure is expected to test previous highs or move further ... in order to grab this opportunity we will use Supertrend expert to trade whenever trend turns green in 1hr chart ... and we will leave expert...
Price is moving sideways near daily resistance and we can see possible price moving lower on break below 50 SMA ... therefore we would like to SELL on price closing below 50 SMA in 4hr chart.. Stoploss : Close above 20 SMA in 4hr tp1 : 30 pips -- tp : 80 pips.. follow us for more..
50 SMA remains pointing higher .. however price has closed below short term 4hr resistance , and upside support can also be seen by ascending triangle .. range trading is suggested between levels today... unless there is clear break out of ascending trendline for bearish setup..or price makes new highs for bullish continuation..
Short term sell setup on close below 50 SMA in 30 min chart... target pips 20 /50 --- follow us for more..
Price is following our structure as expected .... potential long on break above channel pattern towards overbought trendline resistance..
Clearly price has been strugling to move higher from daily resistance , we have been selling GBPNZD previously also and currently again we are waiting for trigger event to enter sell .. Possible sell if price break below trendline. or if supertrend turns red.. ur comments are welcome on this setup.
Price may retrace in 1 hr chart.... sell if price closes below supertrend support and supertrend turns RED .. Follow us for more..
As EURAUD is retracing back to support of ascending trendline, we may potentially see upside continuation on pair , for confirmation we can use 3 possible setups 1 hr chart. 1. Buy on break above descending trendline , 2. Buy if price closes above 50 SMA in 1hr chart. 3. Or possible buy if price closes above supertrend resistance and supertrend turns...
Price has broken above 4 hr resistance which now may act as support.... look for buy setup if price moves lower....
As per our previous analysis of daily chart price has reached potential resistance level , however for now unless price remains inside ascending channel pattern we are not changing our BIAS long term. Buy from support and sell near resistance is expected in GOLD till pattern is valid....
Price may continue moving higher on ascending channel pattern , in case price retraces towards bottom of channel , horizontal support along with 50 SMA can be good buying zone.
Buy on break and close above 20 SMA in 4hr chart as price may continue moving higher after retracement .. use 50 SMA as stoploss. follow us for more..
On close below 20 SMA in 4hr chart price can continue lower , we sell on close below 20 SMA and use 50 SMA as stoploss.. Follow us for more.
Naked trading setup on NZDCAD buy ... in order enter buy trade we are waiting for price to close above descending resistance line , with ascending trendline acting as stoploss.... tp1 is potential next resistance and final tp is overbought trendline above price . autotrade with daytrade ea.. follow us for more.
Overextended bullish price action found resistance at 200 DMA in daily chart ,potential short term sell on break below supertrend support in 30 min chart... for stoploss use supertrend... exit if trend becomes up / green again on 30 min chart.. short term setup for 20/50 pips..