A breakout opportunity is forming on LTCUSDT. The pair is currently consolidating after the recent downtrend that formed several tops and offered multiple selling opportunities. Price movements are increasingly compressed and will eventually break. The same compression is building in the RSI Exhaustion indicator at the bottom. As of now, the breakout could be...
The USDJPY pair is offering a short opportunity after having formed a double top followed by the current retracement. The target is the current major support, around 134.00. Remember to always look for confirmation from the indicators!
After almost two years of market exuberance due to central banks' unconventional actions, the SPX has recently entered a major downtrend which has just started. The index has just formed a top under a major resistance and its next target is the major support level around 3200. The RSI Exhaustion confirms the same analysis, in fact, there's no evidence of...
Using KioseffTrading's Tops/Bottoms indicator and it looks like it is setting up nicely with a 78.57% correct ratio. The data tables there show the % correct, which backs the data tested & provided. Due to bad earnings back in Feb. we saw a huge sell off and a bouncing range of 169-237 with an average of 217.
After the big selloff from the all-time highs, BTCUSD is now consolidating in the 30k – 40k area. In particular, the pair is trading within a channel (blue lines) that typically signals and trend continuation. The bearish outlook is backed by the major resistance displayed by the Levels and Zones indicator, and which sits at around 40k. Should the price drop,...
The S&P 500 Index looks extremely overextended and a downward movement is likely going forward. Currently, the SPX is in a very similar configuration to the pre-pandemic (late 2019 going into early 2020). Back then the price continued to move higher forming multiple tops while the RSI Exhaustion continued to decrease and stayed mostly bullish exhausted (colored...
A breakout opportunity is forming on the WTICOUSD. The pair has seen a rather significant upmove earlier this year from around 40 to about 65. Since the spring it has been consolidating between mid 60s and the low 50s. The price is now squeezing and the indicators we use, all confirm that a new opportunity is forming. Remember to be patient and always check...
A breakout opportunity is forming on the BTCUSD. The pair has seen a big upmove since earlier this year. More recently it has been consolidating between the high 13000s and the low 9000s. Currently, the price is squeezing and the indicators we use, all confirm that a new great opportunity is coming. Remember to be patient and always check confirmation from the indicators!
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...
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,...
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...
As you can see Again for this week good alerts was given by the script. The last one was a micro dump. I was looking for 7% and it was reached. Using other script I've see that I could make more profit but the bottom was good. So no regrets. It's not the end price will go up until script found a new bottom.
A breakout occurred a few hours ago on BTCUSD. Remember to always follow your strategy!
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.
A breakout occurred on the GBPUSD a few hours ago. A retest might be a good place to enter. Remember to always follow your strategy!
A breakout just occurred on the GBPCHF. Remember to always follow your strategy!
A breakout just occurred on the GBPNZD. Remember to always follow your strategy!