USDJPY is moving correctively on the descending channel to a resistance level at which we can possibly get the sell signal back to the support zone
The price broke its very important support range and now it is making a pullback to that range and we see that this pullback is approaching the broken fibo of 0.618, which is likely to have a heavy rejection from this range. So do your possition risk free .
It seems by all indications that we are heading into a bear market. With raising interest rates, tapering, and shrinking of balance sheets, we will see the Russel take at least a 20% tumble from the current price. The 100MA puts the Russel 2000 at around 1400, and further down on 200MA. A couple of key points: Only 40% of Russel 2000 are above 50-Day MA. Only...
BEARISH 🎯 1:- Chance Of GAPUP 2:- Bank Nifty Will be Mostly BEARISH 3:-Bank nifty is giving respect to (Support trendline)Which can be break Toady 4:- IMP Resistance:- (43515.60, 43332.10, 43160.60) IMP Support:-(43015.10, 42876.35, 42655.65) IMP ZONE:- (43281.90 to 43332.10) 5:- MY up side target will be Till (43400) 6: Down Side:- 500 Market Can be...
FX:USDCAD The major resistance level 1.36000 + weekly dollars gives me this idea.
TVC:DXY I think the dollar will definitely rise, the question is where will another strong push come from? I hope it gets down to 104,400. Would be a nice head and shoulders and on the fib 78%. There is definitely some volume in this area.But for tomorrow I don't see so much bullish momentum.
USD/JPY is continuing the downtrend ! We can enter a short with Fibonacci confirmation 61.8 =) Enjoy the trade !
✅USD_JPY has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello everyone, let's take a look at the CHZ 30M to USDT chart as you can see that the price has moved above the local downtrend line. Let's start by setting goals for the near future that we can take into account: T1 = $0.1626 T2 = $0.1656 T3 = $0.1687 and T4 = $0.1706 Now let's move on to the stop loss in case the market goes down further: SL1 = $0.1609 SL2 =...
Hello,Traders! USD-CAD made a nice sharp move Today, and the pair has reached A local horizontal resistance From where a correction is possible Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
DXY is still in a daily downtrend =) Let's wait for the fib 61.8 retracement and maybe a downtrend channel touch and short it :) Great risk reward !
💶💵EUR/USD Declines but watch out for support zones 💶💵EUR/USD As I wrote previously: 💶💵In my opinion it is on the declines. 💶💵The direction remains unchanged. 💶💵The only thing I want to draw your attention to are the support zones which can be a short term obstacle against declines. 💶💵The resistance zone was determined by the recent peaks 💶💵I have determined...
Hello,Traders! EUR-AUD is trading in a horizontal Range and the pair is now about To retest the horizontal resistance From where I think we might see A local price decline Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅EUR_NZD is trading along the falling resistance And as the pair will hit it soon I am expecting the price to go down To retest the demand levels below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-CHF moved up and has Almost reached a horizontal resistance So after the retest I believe We will see a local move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Sharp moves away from the 50EMA on the 1hr chart have to be treated with caution. In order to see a healthy price move to the upside we always need to see a retrace to the 50EMA. Don't rush into a long position, prepare a short order, a scalp back to the 50EMA and take your profits. Same principle applies into the opposite direction.