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We have broken down the trend line and close below of it,
I am expect to see retest of the trend line also the psychological level of 1.71200 and maybe formation of Head and Shoulders as well,
For the week ahead I will take the long and maybe the other week if my scenario is correct, we will see a 1.67000 target in play.
But for the best entry...
I saw a post this morning on a Facebook post suggesting traders long here so I decided to develop my own chart. I find many traders miss out on a critical point of analysis when trading; what is the current trend? Hint: you cannot find the current trend from any time frame below the daily...
My play here would be to short anything below 11, s/l at 12, and a t/p...
EOS/BTC has fallen out of the range and presents a good opportunity to short.
Target 1: 0.00080
Blue triangle indicates the current range. Anything falling outside of the triangle is considered a breakout/down.
Red box is sell.
Red line indicates t/p.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
In a 4hr time-frame, AUDUSD dashing head-to-head to prove true strengths. Core technical factors flourishing the swing attempt; sudden turn-over might drop the price-range with a pending Entry-offer, targets 0.71981. The 0.70998 Pending Entry could push-up the market to the two-weeks-old mark. Moreover, domination strike can accomplish the target...
In a 4hr crack, EURUSD ready to crack the support hurdle to pass-over the past. EURUSD delivering its full potential to break the gateway to run a free-fall. The 1.13362 pass-over could help the pair to attain its destination. Traders watch-over for the trend break-out. I don't wanna to restrict the trade with specifications because support-breakout is the...
Indian Nifty shows some profit points. Indian Nifty market value is as big as its own population. Likewise, sometimes understanding its movement also difficult to predict. But today, we have some solid show-up points to make profits. The pair may take two kinds of a switch from the current trend zone;
1. Direct drive 2. Throwback and pullback; shown in the...
We had a nice upward movement last week with the ending of Cypher Pattern. All of the targets were reached less than 5 days and broke out the resistance with a bullish hammer. Let's see if we can trade this possible rally.