Sell GBPAUD now it was in down trend and it bear beak out from key level GBPAUD TYPE : SELL TF : H2 ENTRY PRICE : 1.8585 STOP LOSS : 1.8675 (90PIPS) TAKE PROFIT : TP1: 1.8565 TP2: 1.8525 TP3: 1.8425 TP4: 1.8315
H1 time frame. Structure: downtrend. A divergence signal and double top pattern appeared with XAGUSD. Wait for the price to break the Key level at 22.210 and have a confirmed retest move, then you can look for selling opportunities. The profit target is the zone of...
H4 time frame. Structure: Downtrend. A divergence signal appeared, the key level is clearly shown at the price level of 0.73200. Waiting for the price to break the Key level and get a confirmation signal can find buying opportunities with AUDUSD. The profit target is the 0.74800...
After last weeks breakout to the upside following the falling wedge formation. I posted the setup and it played out, however I went over Gold on a larger scale and we seem to still in a bearish trend coming into the week of NFP because on the weekly timeframe that bullish move we had on Friday seems to have been a retracement to the 38.2 level on the fibonacci and...
The US dollar traded higher against all the other major currencies on Tuesday and Wednesday. The most currencies it outperformed are GBP, NZD, and AUD, while it eked out the least gains versus EUR. The rally of the US dollar across the board, especially against the commodity-linked currencies Aussie and Loonie and against the pound, which has been acting as a...
Gold is currently at a very strong support level. Coming into the level it has formed a falling wedge which as we know it is a bullish reversal pattern. Will the formation be respected or will the bears continue to drive the market lower. Only Time will tell. Will update as time goes on, stay tuned! Good Luck. God Bless!
H4 time frame. Structure: Downtrend. After the price continued to down and broke the previous support at 43000, the price is now forming a triangle pattern, which is likely to retest the price of 43000. To be safe with this pattern, you should wait for the price to rise and appear a false break at the price of 45000 and appear a candlestick pattern for sell...
USD/CAD traded slightly higher after it hit once again the key support zone between 1.2580 and 1.2600 and the price step again on 200-EMA. That said, the recovery stayed limited near 1.2711. Lately, the pair has been trading in a consolidative manner, and thus, the experts will refrain from confidently calling its next trending direction. In order to start...
Cryptocurrency Litecoin gave up a 20% gain and tumbled back to Earth following a fake press release sent out by GlobeNewswire that referenced a partnership with Walmart on September 13th. After that, on September 16th, Litecoin entered a tumbling mode after it hit resistance at $192.00. Then, on September 20th, it broke below the upside strong support line tested...
The United Kingdom delivered its inflation numbers for August, both core and headline, on a MoM and YoY basis. All readings managed to beat their initial expectations, with the most significant increases seen in the core MoM and the headline YoY figures. The core MoM one came out at +0.7% against the forecasted +0.4%. The headline YoY figure showed up at +3.2%,...
SETUP Based on Smart-Money Concept + Psychological (Round Numbers) Levels Strategy
Hi everyone! Today we are taking a look at NASDAQ:CRWD stock price movement using my boxes as always. Stock is holding itself in a solid uptrend channel. Key levels: Upside - 269, 289 . Downside - 248, 239, 227 . Remember ! Watch volume numbers at key levels and compare them with previous zone breakout numbers. Overall very impressive performance for...
Welcome back to yet another (stock) technical analysis using 4 different EMA's, fibonacci retracement, trendlines and key levels. Basing my buy areas on confluences of these. I will sketch two scenario's of what I think the price will do based on technical analysis. This last part is important, because I want to remind you that this is a technical analysis...
H4 time frame. Structure: Downtrend. After the price rose to the important Key level of 70.00, there is now a head and shoulders - reversal pattern. Now waiting for the price to clearly break this reversal pattern or break the Key level up move at the price of 67.000, we can find selling opportunities. The profit target is the 62.000...
H4 time frame. Structure: Downtrend. The price rallied to the 61.80 Fibonacci resistance zone of the previous downtrend. Divergence signal appeared and Key level at 0.85600. Wait for the price to break the Key level and confirm the downtrend, then you can look for selling opportunities with EURGBP. The profit target is the 0.84500 support...
H4 time frame. Structure: downtrend. The price broke the bullish consolidation triangle pattern. Waiting for confirmation of downtrend with USDJPY and sell signal. The profit target is the old support zone at 108,800. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
H8 time frame. Structure: The downtrend has been broken, Key level at 1.19000 has been broken. However, this strong bullish move has not yet confirmed the uptrend on the 8-hour timeframe. Wait for a retracement and confirmation of the uptrend to be able to enter a buy with EURUSD. After the price has confirmed bullish, the next move target is...