Weekly market breakdown covering DXY EURUSD, EURCAD, EURJPY, EURNZD, GBPJPY, GBPUSD, EURGBP, CADJPY, USDJPY, USDCHF, USDCAD, USOIL
Our supports are holding tight traders. This is excellent. We still need to poke through that overhead as I mentioned in my last post (below). Other than this, all signs are looking good.
Here we have a nice little 4HR double top right along a broken daily ascending trend line as well as the daily 78.6% bearish fib acting as resistance. Seems to be forming a Cypher harmonic pattern with a risk to reward of 1:3.6. If this pattern completes then we could well see a continuation of price down to 1.28500 for a swing trade
Hi people, as seen in my last chart i had a target from 9150-9500, i want to say that the current targets on this will be 9070-9500 . Bitcoin had a great move upwards and now we are facing the 200 daily EMA which is at 9070. As seen on the chart i believe bitcoin is in a rising wedge and it is a bearish pattern. the 4hr stochastic is currently holding the...
The active trend for Eurusd is bullish till around 1.11994 where we see a strong resistance zone ahead ! If price breaks above, we could be headed towards 1.12360 level . Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether trading is suitable for you in the light of your financial...
Continuing the analysis on XPRUSD. See the previous three ideas, they are all parts of the same analysis (in the Related Ideas below). The chart tells all the data. I have spoken. See the charts closer and not so much: Pay special attention to 4 facts: 1.We are experiencing low volumes(consolidation phase) for months really. (the same happened already...
This is a continuation of the analysis on BTCUSD (see older posts to get the full picture). The market is evolving exactly as foretold. Now the new "impulse 12345+xyzwxyz correction" combination has been formed, that means that the higher trend( global 12345 bullish trend) is about to continue. Also there's some confirming this divergences, on 5m. Don't have...
Starting with the April 2018 high down to the September 2019 low, price retraced up to the 62 fib during the British elections, also bouncing off its years long resistance trendline . From the election high down to the December 23rd low, the 62 fib was touched on December 31st. From that high down to the January 3rd low, price jumped just above the 62 fib...
Hi there, Thus is my forecast for this pair. I’m looking to short this pair ONLY if its meet my expectations! *EMA’s both cut for SHORT *MacD is BELLOW the zero. *A clear formation to the down are any other clue. SNIPER-MODE-ON :) Write in comment what you think !
STX/BTC looks GREAT! after wave 1 completed we formed a H&S top the target was reached we formed a ending diagonal for wave C we havent made a Lower Low and we broke out. Targeting the 1.618 fib extension for wave 3 and the .618 extension (1:1 of wave 1) for wave 5 the risk is 3%
Disclaimer: this is not financial advice, more like me talking out loud about what I am seeing and planning to do. Short-term pullback with some ranging action on the SP500. What predominantly fuels my idea is using Linear Regression and Standard Deviation. As many would know, both are very critical topics in statistics which also affects financial...
we have a head and shoulders at daily frame i'm looking for buy from 0.6450 after pullback to the neck line , the main target for this pattern it will be at ( 0.6660 )
On the intradays, price has reached double top resistance in the form of a corrective 3rd touch ascending channel for a RE#1. I would however - be trading against the bullish daily closure. MACD is flat on the 1 hr indicating a slow down in bullish momentum. I am entering a short position based on double top resistance, ascending channel structure on its third...
hey fans hope you doing awesome .well have a very good trading a head thanks
Hello everyone, there are some volumes indications that EURUSD will breakout the zone... TP1 is on the arrow line... Happy trading to all
We're ranging in a falling wedge at the moment. The high value areas are the double bottom of the falling wedge and the outer structure (3rd touch) for the completion of that pattern. Since we're moving very correctively on the daily and are getting that arcing nature, it's highly probable that we can reverse from the double bottom (AKA previous daily low on the...
GO/BTC Cup and Handle + Fire Breathing Moon Dragon Formation