A breakout opportunity is forming on the EURUSD.
The pair is in a downtrend since many weeks and has offered plenty of trading opportunities. More recently it has been consolidating between the high 1.14 and the low 1.12.
Currently, the price is squeezing and the indicators we use, all confirm that a new great opportunity is coming.
Remember to be patient and...
The BTCUSD is due to a major move soon. The pair has been consolidating to the downside for several months now and it has been significantly squeezing until now.
During the last few months, the pair formed Lower Highs and Higher Lows, hence forming a nice pattern that is about to be broken.
The Sentiment Index is squeezing which is a great indication that...
A breakout opportunity is forming on the AUDUSD. The pair is in a downtrend from a few weeks and has already given three very great sell opportunities. The setup was identical for all the three:
• breakdown of price
• breakdown of Sentiment Index
• opportunities below resistance
Right now the breakout could be either to the upside or to the downside so let's just...
I usually post 1h charts but I think this weekly chart is very helpful to every FX trader.
EURUSD is in consolidation since last May in the 1.155–1.18 area. This situation is the prelude of a breakout and a big impulsive move coming in the second part of 2018 and possibly 2019.
The indicators are currently looking good but we need to wait and see the breakout,...
A long opportunity is emerging on EURUSD 60min.
• Price is consolidating
• A resistance turned into support at 1.1696
• Bullish sentiment is fading. We need a breakout of the trendline
Always wait for confirmation from your indicators.