clean and clear analysis on EURUSD shared BUY and SELL setup with the break out and break down of the structure 1st trade long after break out with heavy volume for the target mention in chart stop loss break down of trendline 2nd trade short after break down for the target T1 break down of T1 will leads to T2 stop loss vice versa other scenarios pull back...
$VFF - One of my favorite stocks to swing. Came off yearly lows under $3, to hit highs once again near $11. Big distribution at this level from previous years, expecting a breakdown of first support near $9 (which is weak), and a swing towards first true support near $7/8.
th euro is trading in a little range while its uptrending! From here these are the opportunities to grab. To the upside you want to step in if it breaks and pulls back to give a good oppportunity. If a breakdown occurs then you should grab the short when it tries to rally, but mind the uptrend shorting is riskier while is trending up. EURUSD could have more upside...
price broke the stucture level and H&S neckline we can enter the trade with a good risk to reward ratio I recommend you to wait for lower timeframe confirmation signal(wedge,flag,..) do you think it will move lower or not? It's honor for me to have your point of view
everal signals are showing that a big break down will come this week. A clear rising wedge is forming near our all time high with volume diminishing as the week progresses. Target drop will possibly break several support levels, the first being around the 18,500 mark. Support is relatively strong at that mark, however, if a large sell volume breaks through...
With over 100pips running in profit since my last publication (see link below for reference purposes), the US dollar has continued its downtrend against the Swiss franc for the fourth consecutive day. Signs of a further decline in the Greenback continues to be emphatic as price breaks down and retest Fr0.90800 to make new Resistance level for future "sells". ...
The impact of Sellers in February 2020 (Bearish Impulse leg that lasted a month on the weekly chart - ) appears to be too strong for the Buyers to gain that confidence needed to invest in the CAD. With the present Head and Shoulder look alike, I shall be patiently looking out for a significant Breakdown of Neckline and Support level @ 0.69300 to hop in the...
It has really been a while since I visited this pair but the current structure appears to be promising as I see a defiant level packed with selling pressure @ $0.73400. The AUD/USD pair has continued in a predictive pattern with a second consecutive week in a tight 100 pips’ range since hitting its highest level in recent times @ $0.73400. Despite rallying during...
The DOW is looking to go down, it tried to rally today but failed and made a good short opportunity. The previous wide bar can act as a support, tommorow u should look for a breakdown of that arrow and buy at the test of the breakdown. The other scenario is if the support holds then look for upward motion to the upper end of the range.
After taking a 200pips gain in our last publication on this pair (see link below for reference purposes), it appears we are at a juncture for a second wave of shorting the USDCAD as price breaks down my key level @ CAD1.30700. Despite making the previous four trading days in the positive territory, the USD/CAD pair rose to its highest level during the last week at...
Risks remain asymmetric longer term as the SNB holds the downside in check and a possible global recovery in 2021 may bring some relief to the EURCHF but in the meantime, it is evident that the Bullish momentum finally begins to make a statement in the market. I shall be looking out for a "quick" temporary counter-trend opportunity on this pair in the coming week...
After Price broke down 0.90000, we saw a rejection of this level last week with a high expectation of diving down.
Futures opened up green but have been inside of a rising wedge. Usually these breakout to the downside, which played out beautifully here. For now it seems the bulls have lost their momentum but as I was typing these we even started breaking down further. My next target is my marked support. We could get bigger moves now.
After almost two month period of consolidations, CL1! is breaking down from bear flag, indicating high probability of significant decline (10-20%) to 30$ level ahead. But what is more important I think, breakdown in crude oil acts as another hint of what to expect from risky assets going forward, and clear warning sign that more downside in equities should be expected.
EURONEXT:CAC is another index losing support right now, which if no recaptured in the upcoming hours may lead to another 10% decline in the upcoming days/weeks.
Both weekly and daily demand zones look shaky and precarious. There are still AKAM and NET. Diversify your CDN and edge computing plays.