Good morning traders! GBPUSD has printed a decent bearish momentum in the last session. Wouldn't be too crazy to expect a move the same as the impulse now would it! So my bias is very much short. As always keep the risk managed! Cheers :D
I assume it will have some small retracement upward after being sell-off for some days. If that weekly s2 holds the price from falling further lower then price prolly may rise back up around the s1 which in line with our Fibonacci 61.80%. In a nutshell, retracement speculation for intraday.
Bear are ruling the market on this major pair and knowing the fact how well aussie and kiwi buddy of loonie in AUDUSD | NZDUSD performing lately against buck I reckon this two buddies are together counter striking buck viciously. No positive sign for DXY yet and seems total stagnate talking about the price action for that index and the fact how ...
This trade has the opportunity for lower. Bear has overall taken nice control and for this good Friday, the price may continue falling lower. For further trade consultation direct message me. Happy Easter.
Coming into next week these are the levels I'm watching. To be honest its unclear to which way we want to go especially is these crazy times the market is doing crazy things. I'm Bullish on DXY unless we brake the 99.0 level marked on the chart. Will update on Monday.
There is some issue regarding the dollar at this point. The devaluation could be in the process so far there are a lot of things behind but let's make it easier. If price breaks from this rising trendline lower It could lead price further lower indicating bearish domination. Expect S1 or S2 of weekly pivot if this breakout happens lower with strong momentum.
Morning traders! The profit target has been reached from my last posted idea, here is another potential profit target for the GBPUSD. We looking to see that being hit in the next day! Thanks for tuning into my idea, I appreciate it! As always, keep the risk managed! Cheers :D
Good morning/afternoon The gbpusd has printed a clear buy to me, I will be looking at a deeper pullback to buy the pair with profit target at recent highs, as shown on the chart. Keep your stops generous during these times. And as always, keep the risk managed! Cheers :D
Sup cryptomaniacs Bitcoin has broken out of the said range, and not only that be retested the range with an engulfing candle. We will now be looking for long positions to the next target of 8500! As always, keep the risk managed! Cheers :D
Sup traders, The usdchf reached my buy area, which is the yellow box. We are now looking to long the pair, there is a few reasons to go long, the pair is above the emas, as well as hidden divergence! As always, keep the risk managed! Cheers :D
Dollar index is back again within a major rising channel. after two fake breakouts to the upside and to the downside, the greenback is approaching the channel's resistance. usd has already proven its ability to easily break the boundaries, so this time might be the same. pay attention to the reaction of the market: in case of a bullish breakout, chances will...
We have some room upward and technically this pair is trying to rebound from higher period SMA 200 RED (dynamic support). Fundamental wise we knew till this day that king didn't wanted to back off! I had earlier created a bullish bias idea on this major pair but I messed up with fast entry as overall I knew from the beginning this was mean to happen ( I mean the...
I don't need to explain all this time why I am even shorting this as we all mostly knew what happen lately in DXY and EURUSD. King ain't seating still which let me think this trade might have some chances. After all pound and euro were never bullish market talking about the broad picture.
Sup metal heads Posted this buy area in our very active chat group last week, gold has now reached that buy area and bounced off beautifully, we are looking for more bullish momentum to come. If you are interested in joining our non toxic and respected chat group, just flick me a message and I can invite you! As always, keep the risk managed! Cheers :D
Good morning traders, So yesterday, I did post an idea about the usdcad going higher, how ever, I woke up this morning morning and noticed a PFH has been printed. Which has dramatically changed my bias on the direction. USDCAD is now a clear short to me, would be looking to enter on a pullback. As always, keep the risk managed! Cheers :D
Sup traders, USDCAD had its well deserved rest, its now time for it carry on, on its march up to recent highs! Remember to keep the risk managed! Cheers :D
The trend is trying to shift its prevailing direction seeing the price action making lower highs. Might fall around the older support zone.
I guess yen will have some probabilities technically as the price was pumped a lot in this major pair and now falling backward after price breaking lower from the rising wedge. Technically if the rising wedge forms after an uptrend, it’s usually a bearish reversal signal. If we can see a falling DXY indicating some weakness in king and rising wedge in an uptrend...