EURCAD broke short term down trend broke key level @ 1.4473 MACD show buy signal price penetrated 100 MA
DAX for third time rejected by very strong resistance and also round number 12500.0 MACD Divergance is clear RSI on overbought area and show bearish signal Engulfing Bearish candlestick confirm bearish idea
GBPJPY on H1 chart finished bearish correction wave Broke minor trend line and continue it's bullish original trend Pair rejected on very strong support @ 132.25 and form H&S pattern Volume analysis show that pair success to penetrate strong area of supply and demand Bullish signal through MACD confirm the new direction
Gold now touch very strong support @ 1485.00 This area rejected gold 4 times before RSI show oversold ( Bullish Signal ) It's good chance to buy this bottom with proper R/R Percentage
Yes Correct its Bullish. If you see the 50EMA is below the candles and crossed the middle bollinger band which is a bullish sign. And RSI shows that if rate come from above and bounce backed from the 50 level of RSI (red horizontal line) shows a bullish movement and it was tested few times which is circled in yellow. Take profit in yellow box. Note: Trade at...
as per bollinger bands bottom bollinger band is towards to candles and price is retracing from almost 0 fibo level and down trend to fibo level of 0.236. MACD indicator shows that price will be go down. Note: Trade at your own risk. This is analysis is not based on any economic or geopolitical news. Comments and like us for more.
Too early to short the market especially before Fed cut and face to face meeting in China and no spending limit for US Government. Talks are resuming, Fed will most likely cut by 50pts. No chance for bears in spite of technical signals. Trump is using all his power in influence to prop this market into the super bubble. He needs it to win 2020 election, so prepare...
Feds are now started talking about 50pts cut at the end of July. If this is the case expect total melt up pass 3041 to 3087 level following vast sell off. The reason for the following sell off will be public doubt about Feds policy and that the economic situation is far worse, hence Feds late to the party and trying to catch up with 50 basis pts cut. As per my...
Got rejected multiple times at going up. Let's see if we gonna have some sort of support at ascending channel line at around 27050. Easy 100pts to make. Tight stops as always. If we break the channel line, we should see some major sell off until about 26000.
We've broken ascending flag downwards (which I was expecting in my previous post). Retested lower flag border and went downhill. Temporary bounce right now from 382 fib on low volume, expecting full swing down to test and confirm 50 fib @2964 when volume picks up in US morning. Currently, i'm definitely short until 2964. Stay smart, tight stops if you are...
Was able to catch a pretty nice move on the NQ100 today and called it a day 21 mins after the market open. Relatively happy with the overall performance. Let me know if you have any questions and if there's a specific topic you'd like to have covered on the next video :) Enjoy the video! You can view the broker statements in the link below: www.mql5.com ...
SPX500 has formed what it looks like a bullish flag. All bullish flags tend to break out downward. Ultimate target 3041. Get your funds ready for BIG SHORT. Trade wise.
Seems like we are in for another bull run before Fed meeting. LONG @ 26780, SL 26750, TP 26850.
SPX500 confirmed interim level of 3000 as a resistance by touching it three times. Should retrace a little before resuming the uptrend. SL @3005, TP1 2988, TP2 2980 Watch out for NFP data today. Tight stops. Good luck.
Will be testing bottom of the ascending channel either today or early tomorrow in order to be super bullish in time for 4th of July. Short until 2935. Catching bounce back from support.
On the hourly SPX500 formed another pendant. Good news from G20 today - UP. No news or negative news - DOWN. Most likely we're going to breakout UP.
Entered LONG at 26600 and futures gapped up. TP1-26675, TP2-26790. I plan to reverse my positions probably 1 hour before extended close today. To be ready for BIG SHORT on Monday.
BITCOIN is fastly approaching the 11,600 barriers where price found resistance before in the past. This could offer a potential short-term shorting opportunity on the CFD equivalent. If the price rejects this key level on the daily timeframe we can the look for short opportunities on our lower timeframe back into the key highs. If price breaks and close above the...