EURNOK approaching to 2-Months High. It's a huge probability that it will bounce down. I will make an update when I'll open a Sell position. efore to trade my ideas make your own analyze. Write your comments and questions here! No need to write it in PM. Thanks for your support!
Pattern: Channel Down on 1W and 1M. Signal: Bearish on current price (1W) and if it makes contact with the 1W MA50 (1M). Target: 11.200.
Pattern: 1M Channel Up. Signal: (A) Bullish towards the potential Double Top and (B) Bearish towards the 0.382 Fibonacci retracement. Target: (A) 11.5200 and (B) 11.1600.
Pattern: Rectangle on 1M. Signal: Bearish as the price was rejected on the 1M Resistance Zone. Target: 1.0455 and 1.0215 in extension.
The pair is trading on a long term 1M Channel Down (RSI = 37.681, MACD = -0.379, Highs/Lows = -0.5701) that has come close to the 11.460 1M Support where it rebounded last week. This can be an early signal for a trend reversal and buyers you have entered early can systematically aim at the gaps. First the 12.390 Lower High, which if broke should lead to the 1W...
Stochastics confirms short position. Market is trending - ADX on 4 hrs is at 55.
AS PRICE LAST WEEK WENT DIRECTLY UP WHAT I DIDNT EXPECT, WE COULD BE LOOKING NOW AT THIS SETUP. I BELIEVE NOW MARKET MAKERS HAVE ENOUGH LIQUIDITY TO CHANGE DIRECTION, AS MANY BUYERS WILL BELIEVE WE BROKE OUT AND COMING BACK FOR A RETEST TO CONTINUE. BUT BE AWARE AS WE HAVE ALSO FUNDAMENTALS COMING ON THIS WEEK ON USD. USE ALWAYS GOOD RISK MANAGEMENT!
Pattern: Ascending Triangle on 1W. Signal: Bullish as the price rebounded near the Higher Low trend line. Target: 10.000.
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
LITTLE PREDICTION ON THIS PAIR. FIRST IM WILLING TO SEE HOW PRICE REACTS AT THE LIQUIDITY POOL. BUT I BELIEVE IF WE MANAGE TO CLOSE OUR WEEKLY CANDLE AROUND THE BLUE ZONE WE COULD SEE SOME MORE UPSIDE POTTENTIAL, AND WE COULD BE LOOKING AT A NICE BULLISH SETUP FOR THE NEXT WEEK. IF YOU SHORT THIS PAIR AS I AM GIVING FIRST A SELL SETUP. USE GOOD RISK...
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
The pair is consolidating on 4H (RSI = 49.952) awaiting for a break out. 1D has followed a perfect symmetry so far on 1D (Inverse Head and Shoulders) and if the 1D MA50 breaks, we expect the price to test the 9.6450 Support. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
CHFNOK is trading within a 4H Triangle (RSI = 49.737, STOCH = 54.340, STOCHRSI = 51.828, CCI = 7.7024, Highs/Lows = 0.0000). We are willing to trade the direction of the break out. Above 8.7487 it is bullish while below 8.6740 bearish. Targets 8.8000 and 8.6200 respectively. ** If you like our free content follow our profile (www.tradingview.com) to get more...
The price crossed the last 1D Resistance (8.78164) and being on an early bullish 1D technical action (RSI = 59.246, MACD = 0.048, Highs/Lows = 0.0073) is giving a long continuation signal. Our bullish TP is 8.9000. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
The pair is ranged within a 4H 8.67182 - 8.80533 Rectangle and as long as 1D remains neutral (RSI = 51.622, ADX = 25.601, Highs/Lows = 0.0000) it will be an ideal scalping opportunity. Buy zone = 8.67182 - 8.69700, Sell zone = 8.7881 - 8.80533. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and...
The pair is trading within a strong 1D Channel Down (RSI = 34.726, MACD = -0.120, Highs/Lows = -0.0831) for the past month. Currently the Lower High zone holds (red rectangle) and should push the price towards a new Lower Low at 12.350. If 12.630 however breaks it will give a medium term bullish reversal signal and we will target the 12.800 1D Resistance. **...
CHFNOK is trading on a 3 year long 1M Cup formation (RSI = 52.266, ADX = 24.446, Highs/Lows = 0.0000) with a clear Resistance Zone (8.7770 - 8.9615). Having entered the second half of the pattern, every pull back on 1W can be bought, targeting the Resistance Zone. If the formation turns out to be fairly symmetrical expect a final test of 8.1351 and Higher Lows...
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.