Hello Crypto traders, Crypto market in general is still in downtrend, but we see MATIC moving at very deep strong support zone. This is actually key support level, from where we can expect bounce, recovery and potentially bullish reversal soon. Well, despite current intraday drop in the Crypto market, MATIC is one few coins who is acting quite strongly. From...
We're going to see interest rates by the ECB this week. This may lead to more volatility in EURUSD and a deeper correction. We're expecting to reach 38,2 of the last decline which is at 1.0204 level. Once the market reaches these levels we're be looking for reversal signals and new sell opportunities.
Yesterday, EURUSD created a new low and it reached 0,9950. Today, we can actually expect a test of that low and eventually a breakout. We will be looking for a possible move up to around 1,0120
A global recession is right around the corner fellas (any weekend now we will have a repeat of 2008, but worst), because this time around we all went out of our minds. We all signed up to the "earnings don't justify the valuation" gig, and now the big boys are cashing out. Same shit different year, different people murdered in the background, but the same ol...
Daily: Down trend, target price ~5.80 (5.90). The pair is in the channel after descending, no bullish signs from higher TF. H4: After fast descending from the 9.00 the price stopped at local support (~7.9). Usually after fast movement the price need some time for the rest, new traders will come in. Everyone see the levels, everyone is putting their stops and...
Like we said yesterday, the strong psychological number of 1,000 is suitable for a possible pullback. As of right now, it hasn't gained momentum yet and it's still possible to see a further push down and price trying to break below the parity level. In case of price bouncing back up, we could wait for 1,0150 and then look to enter short again!
Could we be seeing a similar parabolic run on the DXY as in late 2014 & early 2015? If so a $112 price may be in the cards or higher before we see a major correction in the DXY.
XAUUSD was moving in corrective wave for almost 2 years. Last bullish move coincided with an increase in volume. Soon will touch first support at 1680 and could bounce upwards from this level. Will take a closer look on fundamental as well such inflation / stagflation issues, recessions and fed % rate policy for further confirmation. Because more hike on...
This morning EURUSD was a few pips away from its parity price. The downtrend is still strong and we will be looking for levels below 1,0000. This strong psychological number will most likely cause a pullback due to profit taking and stop loss hunting. If this happens then it will look even better for short positions. We're not looking to buy the EUR here on...
Welcome back! Here's an analysis of this pair! **GBPNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
Based on my analysis on a higher timeframe, the monthly timeframe to be precise. Overall, we are in an expanding correction and price as being respecting since market went into a correction phase. Last week, we saw price drop of about 5.04% and we probably had a rough week because was NFP week. Right now, we are in the last fifth wave of micro wave C ending the...
Hello,Traders! EUR-NZD has been falling for some time now And the pair looks locally oversold So when the price retests a support level I think that we will see a rebound and a bullish correction Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Yesterday, EURUSD broke below 1,0200 and it basically continues even lower. We're expecting another drop and a breakout of yesterday's low but before that it would be great if we get a pullback to 1,0250. We will then be able to look for short positions with targets at 1,0169. If we don't see such a pullback, it will be best to actually wait. We're not...
✅EUR_JPY fell down sharply But a strong support level was hit Thus as a rebound is already happening A move up towards the target shall follow LONG🚀 ✅Like and subscribe to never miss a new idea!✅
hello guys! as you may know, yesterday oil decreased a lot and for a commodity like oil, average weekly movement is 80 pip (weekly atr=80) but this week, wti move 140 pip so far, so I predict that this 2 remaining days it will to correct last move and when touch that gray zone and trendline at same time, moving downward until the demand zone. thank you for your...
DexCom Short Term - We look to Buy at 74.01 (stop at 60.52) A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Support is located at 70.00 and should stem dips to this area. Dip buying offers good risk/reward. Our...
H1 - Bearish trend pattern. Currently it looks like a correction is happening. Until the two strong resistance zones hold my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this bearish view.
Right now, we shouldn't be selling as there isn't a good ratio. First, we need to see a confirmation that the next drop begins and then to open a trade. In best case scenario, that would be, after price goes a little bit above the previous high and it then shows rejection. Entries could be made after an engulfing candle. We're not looking for buys but only to sell!