4H Chart Explanation: - Price broke the Descending Trendline on a Weekly Basis. - Price is on a lateralization after that. - Price is on an important Support Zone. - Bullish CCI. - If price bounces from here, potential to move up towards the Resistance Zones. Weekly Vision: Daily Vision:
Weekly Chart Explanation: - Price broke the Resistance Zone (All Time Highs Level). - In lower timeframes, it is on a correction. - We are sending signals this week to trade this instrument towards the Fibo Zones in case we consider the up move has started. Updates coming soon!
Hello Traders and Welcome. I will describe what the chart illustrates about the Euro Vs. U.S Dollar. A combination prediction of Trend reversal (short and long term), breakouts and pullbacks, with the most important figure of analysing charts and specific these market (The foreign exchange market, Forex, FX, or currency market) the Simplicity. No technical...
Daily Chart Explanation: - Price is on a Weekly Ascending Channel. - Price broke the Inner Ascending Trendline. - Price is on a Bearish Corrective Structure. - Bearish CCI. - If price breaks the Corr Structure, it has potential to move down towards the Bottom of the Channel. Weekly Vision: Updates coming soon!
By checking the LongBuyLongSellIndicator it looks for me SPX is a clear short candidate now. All the parameters shows 3150 to 3124 the fall will come soon. This is the indicator i use for all my analysis for all market
Thank you to Lizette, (one of our loyal memberss) for bringing this trade into my attention. Nasdaq has been forming in a Falling Wedge formation. As the price approaches 3/4s of the apex, we can expect a breakout to the upside which will send the price higher. For a trade, we have two ways to base our take profits. 1. At the top of the wedge formation...
Expecting gold to go down quite a bit now. As its currently going in a downward trend its just come under my 200 ema which usually means sell. its also failed to break my 1498 zone for some time now. I have first TP at 1477.45 and second TP at 1457.35 if it finally breaks range and continues its downtrend. I have SL at top of the range 1498.72 but hopefully goes...
CHART ANALYSIS Looking at the weekly chart of the S&P500, you can see the price has been making higher highs since January 2018. However, the RSI indicator hasn’t… The RSI or Relative Strength Index is a popular indicator used for when you buy or sell trades. All you need to know is the RSI measures the speed and change of market price movements. And if...
A harmonic pattern is about to complete. Sharply moving towards PRZ...
With 1000 SMA on the support side, Its' Strong Support. Taking decision around there would be a good Idea.
I see a Big bearish wave coming in dollar market. A weakly bat is forming if the Potential "B" (supply) area is broken. then I'm expecting a big move downside....
DOLLAR INDEX - WAIT FOR BREAKOUT - WAIT FOR RETEST - EXECUTE WITH SOLID CONFIRMATION
On this one, I'm going to trade a short scalp on BAC. A resistance that have showed to be valid is tested again just before the weekend and after that seen some bearish conformation that it is not ready to break yet. With a slightly high RSI at 70 I'm getting in. The target is where I drew the support on the chart. Thanks for reading! Wesley
S&P 500/SPY Next level $277.64 - $278.00 1) We formed a bear flag figure. 2) We have 2 big impulses (Current impulse is 2) 3) We are under two moving averages 60 and 200 4) We are under clouds ichimoku Target is: $277.64 - $278.00
Euraud have Strong Reversal REsistance around 1.63 and can Flip TO downside soon!
Price is currently forming what looks like a bull flag pattern. If prices can break higher above $100, that should be a good indication of possible bullish momentum. Hwever, traders should exercise extreme caution and proper risk management as the last bull leg stopped abruptly, signalling the presence of sellers at every corner of this market!. Here is how i...
EUR/USD 1) Two days we close above main volume 2) We have two impulses for first target correction 3) We have resistance zone 1.11923 4) We have Low volume trade zone for confirm first target correction --- Buy = 1.11500 Take Profit = 1.11950 Stop Loss = 1.11050 ---