We notice that price has come to a weekly support zone of 1.43025 which what created during mid feb. we are noticing some bullish movement on the smaller time frames so this could mean that support is holding firm and i dont think that price will break below support zone but however may retest then be bought till resistace zone of...
On the Monthly & weekly timeframe price closed below a quarterly low of the years 2020 and 2021. A bearish order flow has been formed since then.
Narrowing down the 1hr timeframe price will retest and drop on the level marked.
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The price continues to move in a descending channel, in the near future I expect a retest of the support level, after which a cut up, if the price does not break through the resistance level, then most likely I expect a further fall down.
Have a nice trade.
After seeing the monthly chart and looking at the all-time MEDIAN(center) of price. we can see it is in very long range if this is the case then a long sell is started all the way to 1.099 before any big move to upside.
Note: Small short-up moves will be possible daily and in small time frames.
UNTILL THEN TRADE YOUR PLAN PLAN YOUR TRADES.
today, I will have a closer look at the EUR/GBP.
What caught my eye at first was a strong selling activity yesterday (that huge red candle you can see in the picture below).
Such a strong and rapid sell-off is a sign of aggressive sellers.
Those sellers were most likely building up their Short positions in the rotation that took place before the...
Hi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you...
Our previous EURUSD sell trade has reached TP of 60-70 pips. Now it is best chance to buy UP EURUSD from this support 1.2110 that it has reached just now. High probability trade for one more leg up to 1.2170 at least. This is inline with the other US pairs - that have reached critical resistance (e.g. GBPUSD has reached 1.36 - the resistance turns support).
On Bitcoin is nice to see strong buying reaction from the price 23150 , there is nice to see strong volume areas....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Buying activity + Strong...
hello traders, this following week I'm predicting that it will somewhat seek downward to the gap area. It made divergence on the candle and on the IRS. its making higher low on the 1 hour timeframe. there is target 1. However election will effect it when opening tomorrow Sunday at 5pm EST.
As it's clearly analyzed. If the price could get back to support at 1.1772 and I see any rejection or confirmation, I'll be long to 1.19916
Kindly note that this is just for educational purpose. Have a great week ahead!