Well as you can see in the picture there are couple of signals to go long on EURCHF, the first one is price is reached to the bottom of its channel. Secondly there is a candle with long lower shadow which is indicating buyers are strong on that level. 3rd signal is a green candle is under development today following that long leg red candle yesterday. The 4th...
After a daily closure, EURCAD sellers can aim to conquer the 1.5140 and the 1.5105-1.5100. However, the downside of pairs below 1,5100 could find it difficult to break the 11-week ascending support line at 1,5020 adjacent to 1,5000 psychological magnets. Assuming that the Bears refrain from complying with the 1.5000 mark, the 1.4950 mark, the...
The pair NZDCAD approaching a definitive bearish zone with a breakout and yet to form an impulse.
And I believe that the breakout point must be the good selling point for a nice profit count.
Presently, the market printing the price range at 0.89535. For this pair, it was the previous trend resistance point that’s why the price got stuck here for a...
The XAUUSD hitting the lower limit of a strong parallel supports.
I'm expecting the price will jump-off from there.
In the chart from way back, the signals moved evenly in sideways.
At 1304.277, the market got broke out and turned the trend towards down.
After a change in trend, the chart printed an impulse to catalyze the conversion process.
In the chart, signals nicely jump off from the support and entering into a possible pullback area.
But the price is not creating a trend reversal.
In a day time-frame, at 0.78523 the market got a pullback and reversed the trend to down.
After the pullback, it forms an impulse to keep the reversal process in a constant form.
Back to back impulse...
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From its first storm, bitcoin roaming around the market with a loud impact. It's a open up for new trends.But it always only be a volatile matter.
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The chart itself, taking a shape!! for huge profit.
the price meets the bearish zone (supply level) with a resistance back-up.
In a 4 Hr time-frame , we could evident a correction after the big impulse. Even the price break-out the trend and start to run down.(shown in graph). this happens only because of pullback.
The price broke trend, and gave a nice...
The dollar index itself reached, a strong bearish trend and a good resistance zone. the price formed a hidden divergence on 4Hr time frame.
At 0.76527, price hit the resistance and fell down. There a strong reaction accrued. The signals intended to form a correction, due the break out it ended up another impulse.
On the price zone, the previous mark becoming a...
Today's analysis we have a falling wedge even though we do not have convergence in the MACD, so we conclude that it might make a correction looking for strength again to try to reach the first target of $8,000-$8,500.
We need to wait for the break out of the resistance line at $7,700 to take a safe position. We have a double bottom at $7445 that might reverse the...