Preferred direction: BUY Comment: The British currency continues to struggle at the level of 1.25000 , and despite everything, so far everything is working out more in favor of the buyer. The week is filled with events and here, just like in the euro, you need to be ready to change your original plan. The most likely scenario is a breakout of the level of ...
The Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.6529 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.6473 which is a level that lies underneath a pullback support. Take profit is at 0.6616 which is an overlap...
A short position here at H1 for EURCHD . SL and TP are both set right at the chart
tention in middle east is aggresively getting stronger. unfortunately monthly candle became very stable to keep the price high. most of commodities and equitites went all time high. So does oil will go for alltime high level of 200 dollar target in end of this year.
Preferred direction: BUY Comment: At the beginning of the new week, the euro remains on the buy list, especially if we are talking about the prospect of 1-3 days (before the Fed meeting on Wednesday). This event, as well as the NFP , forces one to be as flexible as possible and be prepared for changes in trading plans at the beginning of this week....
Bitcoin (BTCUSD) is about to test the bottom of the Bollinger Bands (BB) on the 3D time-frame for the first time in 3 months (since January 25). Right now the squeeze between the BB basis (blue line) and the bottom (green line) is extremely tight and since the start of 2023 this has been fairly accurate bottom call. The trend since the November 2022 bottom has...
AUDCAD short is a position here and SL /TP are here on the chart
Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's...
Ratio for this trade is around 3 and the signal is AUDUSD short
H1 time frame is signaling a way better trade . SL and TP are mentioned
CRYPTOCAP:BTC Chaos date April 13, what amazing precision this algorithm has; While everyone begins to mis-sell everything they bought at high prices because they would become millionaires, I double my bet on what I had and other things I bought since December and every fall, My investment method is totally opposite and crossed with what the market does, so I...
Ratio is above 5 and this long position seems like a good one for today .
Now BTC breakout falling wedge pattern, and its buy time. Many patterns formed in 1 hour time frame. BTC still inside the Channel pattern.
There have been big exciting moves in the Yen recently. This post will look at some scenarios this may lead to. First, let's take a big overview of historic Yen trends. Since I'm going to be discussing this from the perspective of a pending Yen crash to keep things simple for people unused to Forex quotes I'll use inverted versions of the charts. Because to...
IEX took nice support on 200 MA you may buy above 161 for a 30% gain with a decent stop loss.
Based on the M30 chart analysis, we can see that the price has just reacted off our sell entry at 2329, which is a multi-swing high resistance. Our take profit will be at 2310, an overlap support level. The stop loss will be placed at 2351, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level...