TTATradingService

TTATradingService

watchout for the break of this wedge. it might put in a pullback play. we are short from 144.5 targeting low 143s.

TTATradingService Updated 

triple touch at 1.4650 and resistance formed. Bearish engulfing candle signals a possible change in play. This might be the swing high. still uptrend in play. Gap is still open from last sunday. Clients recieved this signal on time and was posted as a free trade on the instagram account.

TTATradingService Updated 

gold cleared the resistance and 200ma and still targeting new highs within the channel. possible scenarios on the chart. looking to buy only. no major resistance before 1303-1306

TTATradingService Updated 

gbpusd is now targetin new highs. the pair is looking to break 12850-60 resistance zone to reach 12860-1.3450 range. 2 possible trades look for the pullback towards 200 ma and buy targeting 1.30 and higher or buy on the break of 1.2850-60 zone

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this is definetely in an uptrend but now some pullback is on the way. It was sold aggresively, when you compare it with previous days. This will get a chance to breathe and then the trend will resume. for now we plan to sell it only to buy later.

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2270 resistance is not broken and the index is sold yesterday and a strong daily bearish candle is formed. MACD cross and RSI indicates there is some more room to go down. but be careful as overall trend is still bullish. In the short term, any pullback should give a chance to sell now targeting 2200 level but longer run, we should look to buy on deeper pullbacks....

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Cotton price is now squeezed within a small wedge and short bollinger band width indicating price is ready for a breakout. Of course we do not know the way of the breakout yet but price above 200dma is a very basic indication that daily trend is still up. saying that we will look for breakout and take position accordingly.

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First of all, this is a late analysis but it shows a simple textbook style breakout therefore we would like to share. 3 days ago price broke the wedge and the 200 ma down. Next day a little pullback (should have sold here) and another strong bearish candle. If this gives another chance we would think about selling this close to 200 dma. For now this is a sell

TTATradingService Updated 

GBPUSD - price holds on to the trendline and bounces everytime its near there. For now the direction is up, although overall trend remains bearish. A break above 1.2850 will target up to 1.3450. Watchout for the ascending triangle. above 1.2850 will bring in more bulls to the game but break of the trendline will target 1.19.

TTATradingService Updated 

Copper made a strong move up last month and it is actually normal to see some correction. Now price is below 20 ma and overall still bullish. Nice areas to buy would be 2.44 support and further below price will be supported by 2.27 but if price reaches this area it will erase the gains and would be in a range again. We are considering any further pullback as a buy...

TTATradingService Updated 

audusd price is stuck within a wedge and price is below 200ma. we are looking to short the pair around the pullback area (between 0.382-0.5 fibs and around 200 ma) 0.75-0.7530 to target lower trend line and then once broken 0.71.

TTATradingService Updated 

EURUSD price has now broken the channel with a strong bullish candle and it is sitting nicely above the 20ma (4hr) MACD and RSI also point out some correction may be on the way. Bearish trend is very strong for the moment but we are now looking for a chance to buy on the pullback right above the 20 ma (1.0420-1.0430) with a stop of around 50 pips targeting 1:1 at least.

TTATradingService Updated 

USDJPY has been very strong for a few weeks now but now could be the time to catch a breath. Price already pulled back from a major resistance area and RSI shows divergence which points out the price might pull back further. We will try to sell the pair between 115.80-116, with targets 114.80 and 112.5 respectively

TTATradingService Updated 

USDCAD might have not benefited from the strong move of OIL as expected but we believe it is still headed south for the near term. Pair might be on its way to complete the H&S pattern. 2 reasons; corrective move of DXY to the downside and our expectation that OIL price has more room upside. 2 ways to trade this; wait for the pullback from the support area, or...

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AUDNZD is in downtrend and price is in between the channel. Longer time range is in between 1.0750 and 1.0230. Keep an eye for the break of channel. A break above may take the price up to 1.0750 level while a break below will only bring more selling pressure as both range and channel break points nearly intersects.

TTATradingService Updated 

EURAUD has made a huge recovery from the 1.4150 area. The daily candle suggests further upside move but we will only take the trade on the breakout. Inverted H&S pattern is formed and this also is in line with our expectation that the pair will make further move to the upside after the breakout.

TTATradingService Updated 

Pound is finding demand on the market and naturally this is helping all GBP pairs to move up. This pair has not yet completed a breakout and therefore we plan to buy the breakout to target 200 MA or 1.7525 resistance area.

TTATradingService Updated 

We are a little late to post this. Price did not go up further and it was pushed back to 121 levels from 123.30. Candle pattern and RSI suggesting a reversal from overbought levels and the lower TF (4hr) confirms. 2 ways to trade - sell right away from the present level or take advantage of any pullback that might occur to sell this pair. IF you are already...