-A nice rounded bottom chart seen as the cup and handle formation comes in for a possible bullish trend confirmed by the new uptrend formed by the second part of the handle. -Volume seams to have significantly increased. -MACD indicates a short correction and also an increase in momentum -If the candles break bellow trend line it would be expected to bounce at...
Hi Guys, You will either think this is possibly one of the best potential trades in a while or I'm 'Bat S%*$ Crazy'! Huge Risk to reward on Both BAMM Trigger and then completion of Bullish Bat. The BAMM Trigger is in line with a downtrend and the bat spans years! This will of course take months to come off biggest test of patience ever but I think I will enter...
Afternoon traders, Something special happened last week: the Fed funds rate rose to 66bps. Why is this important? Historically, /dx depends on not only the direction of US yields, but also the absolute level. A "high yielder" can be defined as a currency whose central bank offers at least the third highest central bank yield in the G10. By this definition, USD...
Good Luck Happy Profit If you Get some Profit Please Donate; BTC : 16vqH4NLPThvNYzG8KqCS56wUNRQeepMwa Thank you Very Much :D
I chose 0.01 - 2, 3, 5, 8 because they are Fibonacci array. All of these analysis are based on my assumption and I am not responsible if you lost your house :D Happy trading
Hello traders,we are all witnesses to this EURUSD recent rally triggered by French elections and it's outcome and continued by Mario's Draghi speeches and the slowdown of Dollar and US economy generally. Now we are all wondering where and when this rally will stop? Let's see what technical analysis has to say: TECHNICAL OBSERVATIONS 1.We can see the red...
In my opinion, Bitcoin seems to be completing a Wave 4 Triangle formation and will soon breakout of structure to start wave 5 LONG. It seems Wave 3 has already been completed and provided another base Resistance level. Wave 5 target range would be largely due to the impending Aug1 SegWit, as information was provided on my previous analysis here: which it...
CADCHF has been decreasing since November 2011. For almost two years, and more precisely since “Black Thursday,” when due to drastic and unexpected collapse of the market caused by the decision of the Swiss National Bank to abandon the rigid EUR/CHF exchange rate at 1.20, pair broke key support at 0.7850 and since then moves in consolidation. Take a look how...
I just took my first entry in GBPNZD , and I am super excited for this trade. It is all the way down to S3 for the month, and has had a long month of going down. What goes down must come up, or is it what goes up must come down? It hows all the signs I need to buy currently. If it continues to go down I may add to it at a support level next month. Current...
NZDUSD usually follows AU, since I am short AU, and NU has hit a solid resistance level, i am taking my initial entry here.
As we can see we have a lot on USDJPY daily timeframe to watch out. The Trump trade as people like to call it due to it's sensitivity to political facts,as people tend to dump US dollar and buy Japanese Yien in times of crisis and turbulence as safe haven asset and vice versa. So let's get to the point: TECHNICALLY As we notice price is trying to establish the...
www.tradingview.com Target is floating and not set. If the trade is successful, I will close once it hit's SMA200 again.
Investors may realise some of the +5.5% and let the rest run. If price pulls back, we are provided with another opportunity to buy cheap.
As we can see on GBP/AUD Chart here . the price already react to weekly resitance and preparing to go short until the last destination (weekly support1,427..) Note that we are on bearish territory and if the candle close above resistance just treat it like support. Happy and safe trading (like and follow for more) News both went neutral
Last friday we had a nice push down. Many of traders believed that this is it! It's time to go short on USD/CAD. I believe that there are two scenarios here. 1. Price will continue up and it's not end for uptrend yet. 2. Price will move up into stop-loss area to take out those and only then we will see fall. Usually what we can see is that price goes...
Gold test crucial fibo level. If it menage to break we can expect 1200 in coming days. If not, if it find support here above 1230 you can enter long positions and expect again bullish trend. SL for long be should under 1230, and if price break this level for short positions SL above fibo levels. The market senses a Fed hike is coming in June and gold is bearing...
Recent `war` on Bitcoin lead a lot of traders of digital cryptocurrencies to others options,such as Ethereum. Ethereum`s triangle ABC broke upwards. We can create the first target by clone bc side of the triangle and move it upwards to AD. We can see that the first target is already reached. The second target T2 it`s created by EF if we clone AB side and put it at...
This pair could come down for one more leg and then start to go up. This is a daily chart and this could take months to happen. So plan your trade size and risk accordingly.