Dears, I am so sorry as it is a long time I don't send any chart as I was busy with my new website. as there many friends they ask me about EURJPY and we want to tell them this what I can see from this chart. and very good luck to all of you.
#ETHBTC RSI Bullish Divergence on 4H
XBT has tried to break that key level of resistance multiple times now, the more times it is rejected the weaker it gets. after a quick spike up to 7300 last night we still closed below that resistance level. yesterday we broke the supply zone so you will see I have made the new supply zone which is at high 7's at this stage in my opinion if we close above res we...
Dears, this what we see and please, take care with the SL when the price close below SL thanks,
Hello traders! Today we will talk about the most interesting currency in the last month - US Dollar. As you can see DXY made strong and impulsive recovery recently, mainly because all the assets were down due to panic across the world and also financial crisis, so investors are rather in cash now and that's why is USD so strong. USD is currently down, but...
Hello traders! Today we will talk about USDCHF in which we see an interesting wave structure. USDCHF is trading in a big sideways range since 2015 and more and more looks like a big bullish triangle formation in wave (B) that can be approaching the end soon, ideally this year in 2020. We see it actually in the final stages of subwave E of (B), which is clearly...
#BTC is showing a bullish Flag Pattern on 1D , which includes -as we know- - The flag pole - The flag - The continuation The Flag pole, starting from the bottom at 6875 which represent a major support and was a big price bounce from it, ends at 10427 the Highest price in this trend. the flag was formed after the correction starting from the previous...
Technical Analysis Education: ASX200 (ASX - XJO) Weekly Chart For those of you out there who are new to trading, I like to keep my TA simple and clean. I also like to look at the bigger picture to understand what's happening right now. There can be a lot of confusion when an event such as a market crash happens. We can be reactive and emotional, which is...
Dears, Please, follow our instructions as mention on the chart. thanks,
DJI dropped 1,000 points yesterday, whats next? heres some ways to navigate: 28174 is a key pivot Scenarios: A) a break above 28174 with a bullish impulse should see the gap be filled with more buyers coming in B) a rejection of 28174 could see a inside day then a deciding break tomorrow either way C) a break below 27900 will see more sellers and a trip...
Opposite of the bearish type. Both contain flat price action with however bullish version contains a rising 'higher low' present on the respective indicator. 4H chart.
Here we have a simple break and retest. Gold broke above resistance at 1573. Came back retested as support created a morning star candle on the 1 hour time frame. Before the opening on London, this was a clean and easy setup. The confluence of different time frames was also another indication to buy. You could have secured at least 80 pips before market close.
Highlighted we have US30 make is first low near support. Then when market open we see a pullback being formed. Check the 30 min time frame we have a morning star formed and take off. I think its best to let the candle closed first and then enter. You could have secured an overall of 2200 pips and only risking about 400 pips. This is just going through market...
This is a good example of using support to your advantage when trading. If you look at the two highlighted areas at support price created bullish engulfing candles. It was a matter of time before price was going to take off. Finally price slow down giving some consolidation this could be a potential entry for a buy. Been able to secured an overall of 160 pips...
Welcome to our Academy. We’re here to help you achieve what you have been looking for. Use our free analysis where you have everything you need for potencial trade ideas and profit. SNAP INC – Snapchathers on the way up (Trend Continuation) Trend: Strong Buy Support/Resistance: R2: 28.18 R1: 23.78 S1: 18.25 S2: 14.36 Price action: Overall bullish...
For those that may have issues identifying inverted head n shoulders. You can use the higher time frames to see if the picture is clearer. The lower time frames can give you a lot and make a bad trade setup especially if you are not with the trend or not near significant price. By that I mean if you are not at resistance or support, if you find yourself in the...