With the huge pin bar that just appeared and the fact that the 0.8689 support has been tested severally in recent times, I believe it's time to break that support. It might be time to go short here for some pips.
There is now a symmetric triangle on CADJPY. Price could go long if it reverses at the 75.46 support after retesting the trendline. Otherwise, it will continue in its southward direction. That test of trendline is important to price movement, along with the support.
A descending triangle on eurusd gives hints that prices will fall further, but it will take some time. Put this on your radar for short positions. I expect the projection to be towards next week.
A two bar reversal pattern has formed at a trendline support that was formerly resistance. Very significant pattern that has huge momentum behind it. A definite long opportunity.
A three bar reversal pattern has appeared on the USDJPY. Time to short. Place pending order on the low of the third bar as shown, and SL some pips above the middle bar's high. TP is the next support but due to space could not be shown on chart. Happy trading.
I think Gold will break the 1680.94 support level? Look at the strength of the bear bars. Look at their volatility. I think the support is no match for the bears, despite what the news says about it becoming a bullish market. I looked at the daily chart and for now the bears have momentum on their side though it has not closed. I just believe this. What do you think?
A new point 3 has formed in the 123 pattern for the pair and it had to be updated. Now, a pin bar has formed for point 3. This is a short. Place pending order to enter at the low of the pin bar, some pips below it, and stop loss some pips above the high of the pin bar. TP is shown on the chart; at the next support.
A bearish engulfing has formed at the 3 point of 123 pattern. A signal to short the pair. It is going down.
Hello Traders! The last analysis was great. EURUSD dropped a lot. You can see on the charts. I adapt it for you and we can see how exactly EURUSD respected all Supply Zones. It dropped, then it went back up to grab more liquidity and again drop. Very beautiful. Here you can really see how nice Supply and Demand works. Now we have some new levels on the chart and...
Hello ladies & gentleman, I wanted to show my perspective on USDCAD As I Illustrate in this video, I'm expecting USDCAD to breakout of this next level and retest it, to take a trade all the way up to the next level that confluences to the trendline. Whenever price get to that area I'd like to see some good impulsive movement to the down side, expecting a bearish...
Hello ladies & gentleman, I wanted to show my perspective on AUDNZD With what price has showed us so far, I'm expecting price to continue with the bearish pressure. As I showed you guys on the video, I'm waiting for price to just breakout, retest, and start to create bearish impulses. Target is small since I am expecting price too to give us a bigger...
Hello ladies & gentleman, I wanted to show my perspective on AUDCHF. I see only two possible scenarios with what we have right now, The 1st, price either decides to make one more bearish impulse and then correct in a bigger structure. Or the 2nd, price decides to start correcting as soon as market opens, giving us a bigger structure. In the 1st scenario we...
NSE:LUPIN Lets Read The Chart And Observe It If you see the tail candle of 9th March 2020 week you can clearly see prices was rejected from the low of 504 and close at 605 volume was also good (Above Average). Next candle of 16th march 2020 is also bullish candle with higher volume than previous candle. The 23th march 2020 candle was strong...
Hi traders. BTC has approached a support trend line. Believe it is time for a slight push upwards. Week upwards target shown by red arrow. Bitcoin halving coming up soon so price should hopefully rise. Like & drop a follow if you agree! Note: DO NOT FOLLOW THIS TRADE BLINDLY!
All the major resistance and support plotted on the chart. The price breaking out any of these R 9083 and R 8398 will give us new direction of trend . The excess/penetration has been seen out side of parallel channel/value area. The price can be dump and damp between Upper Bound: Parallel Channel and Lower Bound: Parallel Channel. Traders can trade...
On the higher timeframes we can see an obvious uptrend beginning to form on GBPUSD. The current price has gone back up and began to come down after confirming a double top on an ascending triangle formation. We are taking sells until it continues to go down to create a 3rd touch point of the triangle on the horizontal support line, where we have set our buy limit.
Trendline Break under major suppor and star selling, i'm in! (some $ yet in my pocket..) Looks good, attention to Fibs levels and recent supports. Take that Money if you have it. Test my Algos for Free => ForexAlgoritmico.com ( We speak EN as well)
false breakout at resistance waiting to confirm try to scalp the pullback to previous level