euraud is in a downtrend price is in a symmetrical triangle and a break below support is expected for a short entry wait for a break at support area and executed
Good day traders Eurusd is expected to go long in the future sellers are losing momentum due to multiple support areas above below current price price is in bearish reggression trend and bears are ruling but overally we are in a buyers until price break support area wait for breakout of local resistance area for a long trade good luck
BTCUSD is in a Forming triangle pattern in an uptrend A pullback is expected towards 200 EMA and long trade can be executed however our first target is towards the resistance level another buy opportunity can be identified as soon as price breaks above resistance level goodluck and cheers
GBPUSD is in a bullish channel and bullish momentum is increasing despite the brexit tentions However a break above resistance level is expected and a breakout strategy can be implemented and a buy position is triggered as price breaks resistance levels Buy opportunity can be identified at support level when price pullback and touches the 200 EMA and a swing...
First of all we are waiting for a small signficant pullback then an execution follows After a long downtrend the pair has managed to break above resistance and resistance = SUPPORT At this point the pound is bullish
The eurusd is approaching high resistance and multiple rejections are expected towards that area The pair is showing signs bearish momentum as a rounded top appears The pair is also about to touch 50 EMA and signs of rejections might appear hence we are waiting for full pullback to appear a stop loss is placed above 50 EMA and targets below monthly support...
Day swing trading idea Gbpusd is in a downtrend and we are just following the trend we wait for price to touch our nearest resistance to look for sell opportunities however selling confirmations are also needed such as strong bearish candles e.g doji in addition we are might place a sell limit @1.21681 with a stop loss or risk of +15 pips above resistance...
Good morning traders today oil is trading in a range on the 30 minute timeframe using the breakout strategy a break to the upside may indicate the bullishness of the oil price in addition we are expecting a pullback to the support level before long positions are ordered Im expecting to place buy orders if price makes a pullback towards support level or when...
The pound is suffering from economic recession and here we already see the pair is in a downtrend already With the 200 EMA above the price , we have a strong resistance above the price as well and buyers confidence is not so high in this pair A sell will be triggered as soon as buyers loose momentum close around the trendline goodluck and cheers
Good day traders we have another opportunity to place a long trade on EURUSD ANALYSIS If price has managed to cross above 200 E.M.A ,Trendline and the strong local resistance here we see Eurusd in the sellers market however if price manages to cross above the strong local resistance it means buyers momentum is rising and sellers are doubting their...
Good day traders We have double Top appearing at high supply levels and the neckline or golden zone is our main target for a rally retracement if a retracement happens towards neckline we execute our trades however price is currently testing the local resistance hence a trade can also be executed towards local resistance our target is at support levels...
gbpusd formed a perfect gartley pattern indicating a small buy pressure upto neckline area as neckline acts as resistance in addition the pair is forming heard and shoulder pattern indicating high selling pressure the pair has been bearish from supply area and buying momentum is very low as buyers struggle to make a strong rally and new higher highs Since...
THE BEST CHART PATTERNS, where price forms rounded bottom a rounded bottom act as points of support and price gets ready for a reversal PSYCHOLOGY The rounded bottom indicates sellers are losing confidence and have fear of executing massive orders in the rounded bottom area however it indicates that buyers confidence has increased and double bottoms and...
we may experience a long trade on USDCAD as the pullbacks in a bullish uptrend The pair has a great opportunity to go long as it is about to touch the 50 EMA and 200 EMA The pair has also an opportunity to go long as the US Senate prepares to pass a $484 billion package to support small businesses (S.M.E's) The USDCAD has is about to touch the monthly trendline...
Eurusd has a bearish move as we are in descending channel price is currently touching the resistance zone as price is moving towards 200 EMA TARGET can be placed close to 50 EMA as price might reverse from the 50EMA Stop loss can be placed above resistance levels
Price is currently making multiple rejections at the 200 EMA resistance area and since we are in a downtrend channel price might reject the upper trendline doji and star candles have been identified and this indicate a decrease in bullish momentum at resistance levels The bearish move can also be supported by the added 3 week lockdown in britain good luck
HEAD AND SHOULDERS the appearance of a heard and shoulders structure indicates a bearish move ,with the halving event in place the heard and shoulders can act as bear signal TRIANGLE The triangle appears as a bearish signal in a already downtrend move,basically the triangle is in a downtrend however price is at a strong support level ,this means price will...
before reading ,To show your support kindly like and follow eurusd has been on an uptrend since last month and a continuous bullish trend is expected the pair has been making higher highs and accumulation phases accumulation phases in an uptrend can be seen as continuous bullish sign however the pair is currently trading in an accumulation or contraction phase...