2021.11.19 Analysis Daily Chart Daily Bullish Bias remains on break above market structure point B @4723.50. Since 2021.11.10 low point A @4625.25 price has not had a 50% retracement to qualify for a change in market structure. Therefore overall Daily Bias remains Bullish. 1 Hour Chart 7 hours after the break above daily market structure @4711.75, price has...
1-What's BTC market bias as of now? -Price has formed (or 90% formed) an ascending wedge (red lines), which indicates a down movement possiblity. -Price is near monthly support (63K zone). If price breaks it, it will continue downward. If it bounces back, it will go to the wedge's upper limit (mentioned in a). -Volume (yellow line at the bottom) is decreasing;...
Long or short? what do you think? in the picture you see trend lines and fibbonacci retracement and SMA 21 50 200 . . . . . . . . . . . . . . . . . .
NZDCHF is very bullish from the beginning of October. Setting a new high last week the price retraced to a key level. Retesting key support the price started to grow. Bulls managed to violate a falling wedge pattern, and duplicate the bullish breakout. Expect new wave upward to the key resistance level. The bias for the NZD remains firmly titled to the upside,...
Time frame: 4H Bias: Short Symbol: XAUUSD Analysis: There is a little hope of trending up. It has a clear downward direction . We will try to nail down the target entry and exit next week. Please wait for our posts at the start of next week.
SECOND scaled entry on AUD USD 1:5 RRR POSSIBLE move down side, thanks.
✅GOLD is still trading below a resistance level And we've see a bearish reaction from the area Which proves our bearish bias on Gold I still think that we will see a move down To retest the support blow And the likelihood of such a move increased SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
USDJPY Potential moves for the week.
USDCAD Potential moves for the week.
Hello,Traders! USD-CHF is now retracing from the local highs And I think that given the DXY weakness We might expect the pair to move down slowly With an aim of reaching a horizontal support below Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! EUR-USD is broke the support line And keeps being bearish on multiple timeframes Given the latest movements I think the pair will keep falling And the downtrend will continue at least until the nearest strong support is hit Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
This is based on my bias on GBP and EUR gaining strength this week.
Hello,Traders! EUR-NZD is trading in a downtrend on Weekly And the pair is suppressed by the horizontal resistance And a weekly falling resistance line As we can see, EUR-NZD fell from the resistance level again Clearly lacking power to break it However, the pair is now fallen to the rising support level And I think that we might see a rebound from this...
Hello,Traders! GBP-NZD has hit a resistance cluster and retraced This nice bearish reaction along with the strong resistance Make us bearish biased and we are expecting the pair to fall After the potential retest of the resistance slightly higher than before The implied short trade is risky, thus wait for the confirmation Sell! Like, comment and subscribe...
Both looking susceptible to steeper depreciation vs their US rival, with the Euro only just recovering from a stop-chase through the 18 DMA (1.2060) in time to avoid more sell orders sitting at or beneath 1.2050. Nevertheless, EUR/USD also faces heavy and layered option expiry interest from the round number above to 1.2150, including 1.3 bn at 1.2100, 1 bn from...
Price has already pierced above the 161.8 External Retracement and 127.2 Alternate Price Projection Confluence. 22:30 Hrs. Volume is Low. Current Bias is to the Downside. This is not an invitation to trade and is my own personal analysis that I am sharing. ***Please do your own research.
LTF Head and shoulders pattern neckline break Waiting for a retest towards the neckline