Bitcoin has literally been rallying since its March lows where it was trading at under $4000 per coin. Price has made a bullish recovery rallying up over 600% to date with no real correction. Will we see a decent pullback in the near future, or will price keep pushing higher into new territories ? Even if we hit 13k we will still be in a bullish market, a 55%...
gold gonna come down and bounce upward technically..but keep an eye on fundamental..short now and long after
📍 10+ years experience in markets 📍Professional Stock market and Forex trader 📍 Supply/Demand Zones 📍 Frequent updates 📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks 📍Real time updates ⏳ 1 Day Chart analysis Looking to sell till the long time support level of 1795 and then buy from 1795 to 1857 I believe that the Price action might...
FX:EURUSD Saturday Chart Analysis Welcome all you data enthusiasts, this is my bias for the week to come. November 8-13, 2020 I am predicting a correction before and impulse to occur. I have three opinions for what might occur in the pair come market open. Have a wonderful weekend fellow humans.
Good morning traders, I am going to be looking for possible shorting opportunities for the level highlighted if we can get a clear break of that support level then a retest and then a rejection with clear bear engulfing candles to the downside.
It is highly likely that gold will rise to the blue line, and if it crosses it, it will likely reach the orange line, and then it will decline a little
We will wait for the price action confirmation to make the entry.
AUDUSD achieved 0.7300 level breaking above the ascending channel. A pullback retracement will give buyers another opportunity to target 0.7400 level.
Prices are trading below the median regression of the 108.65-114.48 leg. Thus, we will focus on the 115.99 support bounce, or break, first. The depth of the downplay will depend on the firmness of the said support. A break will bring the 38.2% Fibonacci of the 108.65-117.61 leg back in play. This could act as a confluence level between the median regression and...
The pound sterling continues to extend losses with price testing a six-week low on Thursday. The declines came after a brief rebound saw prices stuck near the 1.3000 handles. Failing to break out any higher, GBPUSD reversed direction breaking past the previous lows of 1.2885. The current momentum in GBPUSD could see prices possibly testing the 1.2800 round number...
We have put the different currencies with strong positive correlation on the chart to help you out in your trade setups. Use proper money management and risk assessment rules to trade safely in a volatile market.
EUR/CAD Cup & Handle Formation...! As I am sure you are aware, from the previous posts I've written and I will say it again: longer time frame indicators short time frame movement. I am long term bullish on EUR, since around 1.13 half to 1.14 areas.. By seeing this formation, makes me even bullish, but I want to get in at a cheap price, because that's what...