The euro looks very bearish in my opinion with countries going back into lockdown and I feel like it can continue falling. Price may continue falling or it could come up to 1.17000-1.17100 and then continue to fall. Please do tell me what you guys think and what your opinions are on this pair. :)
BTC in 1H timeframe created an exagrated divergance and broke the 13000 S/R
we have 2 scenario here :
scenario 1 :
if BTC breaks 13800 resistace we can have 14000 and 14400 targets .
scenario 2 :
if BTC can't brikes the resistance and fall down we can have 13000 and 12800 supports.
Why will I enter?!
Daily: Price is in a support zone. Stochastic is at the bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone.
4 Hour: Stochastic is at the bottom of the line. This would normally tell me that price should test the resistance at some...
We have 2 scenarios here, that could be traded following a breakout and going with the trend!
You could also send pending Limit Orders on those prize zones so that they could trigger for you automatically with each having a stop loss of the opposite of your other entry trade.
USDCAD broken a descending trendline and a support & resistance zone.
Price has retested the broken zone and printed a bullish engulfing candle.
Price has the potential to continue moving higher in wave 3.
The break is a great buy confirmation while the red line is the invalidation zone.
Best of luck on the chart,
XAUUSD Sell Trade Setup for Intraday/Swing Trade
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know.
The Market can go in the opposite direction of what we analyzed. So we have to manage our risk and adopt the situation accordingly.
You can use this chart for confirmation on your analysis and I hope it will help you to make a better decision.
If the Trend Line at the top is strong enough, AUDUSD can start its falling from there.
Thank you very much,
Push like and write your comments. We will catch the best trades together!
Hello to all friends
As you can see, Bitcoin has formed a cup pattern in the daily time frame.
According to some world celebrities, bitcoin will reach close to $ 20,000 in 2021 - according to this model, we can trust their predictions more.
The final price in this analysis could reach close to $ 19,000
But before you start climbing, to test the edge of the cup...
Hennessy Capital Corp IV NASDAQ:HCAC , as the name suggests is the 4th time this management team has helped a company go public in 6 years. However with 2020 SPAC market being as wild as it is, it has become hard to differentiate the good SPAC's from the poor. When Hennessy Capital announced its target as the Los Angeles based Electric Vehicle subscription...
Gold is following our path perfectly, from last analysis we got at least 500 - 1000 pips.
For next week i`am waiting for re-test at 1890 and then push up..
I will set BUY Limit at 1890.156
Good luck /Mr.Trade
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The reason behind the Gold movement; reality is that the US dollar is starting to put up a bit of a fight against many assets around the world, if that is going to be the case it is hard to imagine the gold will not get a bit of a pullback as well. We have...
Thats just my analysys, im waiting for confirmations, but i believe price will continue to the downside with some strenght, ideal is to wait for oscillator confirmation and lower lows in lower time frame.