USOIL is trading in uptrend Price is trading now in corrective wave we r waiting price to retest uptrendline corresponding to 50% Fibonacci at level 63.65 to open long trade it's expected to target resistance level at 66.75
We think this pair will make an up move at this point and we believe the potential target price of 153.400 as the place where it will go. Before that move, the price may retrace to the blue trend-line marked on the chart or at the minor support of 150.900. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely...
After breaking a resistance area, that area became a support for the chart and after that the chart got stuck into a rectangle form range market. Today it has broken the top of that rectangle and it is probable that it will go high as the width of the rectangle.The best are for long position is on the the top of the rectangle with regarding that an ascending trend...
For this pair we expect a down move with a higher probability than an up move. We think it will at least reach the support area marked on the chart at 1.258. When the price will reach that area, we must study the market structure to decide the next market move. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely...
As we can see from the chart, this pair is moving in a trading range between the support zone at 1.91000 and the resistance at 1.95000. We are currently giving a higher probability for a breakout to the downside and continuation than reaching the resistance area. However, if the price reaches the resistance area and consolidates there that means that the prices...
USOIL broke out of the long term ascending trendline correctively and is now in an ascending correction. Ideal place to enter would be an impulsive break of the ascending correction and a retest of the level indicated. See linked charts for more information on corrective breaks! Goodluck and trade safe.
USOIL broke out of the long term ascending trendline correctively and is now in an ascending correction. Ideal place to enter would be an impulsive break of the ascending correction and a retest of the level indicated. See linked charts for more information on corrective breaks! Goodluck and trade safe.
Hello Traders, I hope a wonderful week for you. as you can see this is the wedge pattern and the best way to enter a trade is to wait for this pattern breakout. In 4H timeframe chart you see the pullback on the support zone and it means the wedge pattern might break from upside. But in the Weekly timeframe chart there is a bearish market structure. Please look at...
For this pair we have to study the price structure at the resistance area of 152.000. There are 2 working scenarios here for us: the first one, the price breaks the resistance area and consolidates above which means that it will continue the uptrend and the second one is a sharp reversal which would mean that the price can break the low at 149.025 or reach at...
Since the end of March, GBPNZD is in a downtrend structure on the 4h timeframe. When we analyze the structure we see an up move in the middle of April that reversed and now a new push for the uptrend to resume. However before we enter a trade, we should study the price action at the decision zone. The higher probability move in our opinion is a continuation to the...
USOIL respects uptrendline Price is based on key level at 60.75 MACD shows weakness in bearish momentum RSI reached oversold region we r waiting price to break corrective downtrendline with bullish movement to open long trade It's expected to target level 62.60
GOLD is trading in uptrend Above SMA 100 price now is in corrective bearish Elliot wave 4 we r waiting price to retest uptrendline corresponding to key level and 50% Fibonacci level at 1756.00 then waiting for bullish movement to be occurred in order to open long position It's expected to target resistance levels 1789.55, 1812.00 respectively
BTCUSD Big bearish pattern just crossed and waiting little pattern to more confirmation for bearish.
Hey for every one , if you have a different ideia , tell us on comments.
Looking at gold chart, you can see the clear accumulation before leg up. Target levels marked on chart. Good luck