TECHNICAL ANALYSIS After the previous Sell off, CADJPY has Double Bottomed around 85.600. So there is a opportunity to Long it.It has about 2000 pips profit potential. First Target: 1000 pips. Second Target: 1000 pips. INDICATORS USED 1. MACD 2. RSI 3. SMA Thank's for your support Leave a Like , Comment if you Agree. FOLLOW Me for more...
TECHNICAL ANALYSIS Here's an opportunity to short USDCHF. Bearish Bat Pattern is in the right keg of it's completion.It has 750 pips profit potential.Good Luck INDICATORS USED 1. MACD 2. RSI 3. SMA Thank's for your Support. Leave a Like , Comment , if you Agree. FOLLOW Me for more...
4HR The market seems still bearish on daily we see a good pullback i believe we gonna touch the CTL and going back to the weekly support zone at 10800
Bitcoin vs USDT has been trading at a premium of $200-$300 compared to non-tethered purchases through alternative exchanges such as Coinbase for more than 72 hours now, as traders continue to wait in uncertainty. While there still seems to be a fair amount of volume happening, the market is signalling a possibility for further downside movement before the month...
Price is located on a strong support area on the daily chart, and gave us a strong bullish candle. I`m going long.
As discussed on the October 18 IML TV Stream, the market is currently signalling further potential for downside movement. There are many factors influencing this such as investors who are still holding onto reduced profits who got in the market early 2017, traders who are in drawdown from investing at the beginning months of 2018 and also a massive amount of...
looks like usdcad is in for a retracement after a very strong dollar. price has broken its trend, currnently retesting, and im going to go short on the pair.
Due to a lot of news coming out around 9ish we thought this would be a good trade to come in with till around this time... We not sure what will happen...
Here we have the AUUSD we feel that due to the ichimuku that this may be a short in the coming moments,
CHFJPY has now come back to a key support level and technically this market looks to be oversold which could lead to some short term upside. Looking at the lower timeframes we can see a nice trendline resistance that if broken could lead to some short term upside with targets of the daily lows.
Looking across our major currency pairs the Australian Dollar sticks out as our COT analysis shows a significant increase in commercial and non-commercial long contracts over the week. The only element the COT analysis can't give us is timing. So this is where our technical analysis comes into play. The daily chart currently shows a down trending market however...
outlook with EURUSD... needs to be watched but i believe that price will hit its head on the 200 EMA and drop it's butt to the recent swing low. will be contingent on price not breaking the previous high on the trend.
Short this resistance level and support level in place, ichimuku in place for this one. Comment below to let us know what you think!!
Ascending wedge, Ichimuku rss all looks to me going long Comment below
NZDJPY has found support at the key weekly level of 72.40. If you take a look at the weekly chart you can see the long term trendline resistance above. Looking at the 4hr timeframe we can see the market has bounced and could be setting up for as an inverse head and shoulders pattern which could show upside to come. Wait for the market to create a new higher low...
Short no news out on this we think it will be follow the trend. Please comment any more ideas.