As of writing, November 7, 2018 @ 12:26pm, the CAD’s hammer against the USD is packing 0.17% punch while the USD’s hammer against the CAD is packing -0.16% punch. So, at this moment, the Canadian dollar is packing a stronger punch, which means that the Canadian dollar is gaining strength against the USD. So, traders can take advantage of this strength difference...
We are doing Analysis of BTCUSDT on Daily Timeframe.
With the Help of Price action, I have made
Support and Resistance Levels
You can see there is on Support Level which is at $6000
And Resistance Level on $6770 , $7400 , $8200
The Market can test Support Level them can move to upper resistance levels respectively.
Note: This is only for Educational Purpose...
Price of gbpjpy after dropping 450 pips from oct22 to date is now on a bullish retracement in a bullish channel forming the elliot wave pattern with price having completed wave 1-3 where i anticipate price of gbpjpy to retrace after completing its 3wave and make a 4th wave around 143.930 to 144.123 region where we anticipate to enter a buy trade for 120plus pips...
We've touched the weekly support. this is the second time we touched here, and i expect a reaction from here. targets and stoploss shown in the chart.
No reversal signs at the moment, so a conservative entry , shown with the red line, can be waited if price drops further.
During Asian last night NZD broke through another S/R Zone of interest.
We are looking for retest of that zone and trend continuation (pattern) till next zone.
There are USD GDP numbers coming out later today, so be careful with trades.
The bullion metal gold is currently in a ascending triangle pattern. It gave a false breakout above the resistance line and is now currently hovering around trend line. Hence there is a good chance for bearish breakout On the contrary if it breaks above the resistance line, then a bullish rally can be expected.
My AMD calls have been monstrous for the past couple months so keeping the streak alive.
Long and short scenario. Either could happen.
The levels themselves are best places to enter/exit. But the zones around the groupings of colored levels are also acceptable.
We could hit the green zone, and pop to the orange zone.
If we go below red line at green zone,...
Hello fellow traders,
Today we have a potential ( depending on your trade plan ) setup on the AC.
As you can see, we are in a bearish market right now on the daily. The blue arrow indicates the longer term trend and the white horizontal lines indicate the daily trend.
I personally am a trend following trader, so I put my target beyond the most recent high /...
AUDCAD market is over in bearish trend . The market has printed bearish PA signal on pullback of broken level 0.9290-0.9320 indicating successful test. The confluence factors that support the view are Bearish trend, Horizontal level, EMA confluence & Pa signal signal itself. Seller can have their trade for target mentioned above with stop above...
Retracement on the highlighted level looks promising to me + Confluence of Trendline that shows the price is heading up again, probably to the weekly resistance level or even more. Risk Reward 1:4 is my target, in the other words, i put my money til it reach TP 2. What say you?
Dont forget to Like and Share this Analysis!
Regards,
Ejaz Mian
Finger cross that price would retrace at the label level and go down. This is a retrace entry position, as I already made an analysis on the first entry on top. For all of you who are looking to re-entry, this might be a good chance to do it.
Good luck!
Follow, Like & Share guys!
Regards,
Ejaz Mian
I am looking for short for this pair. Best is to wait for Candlestick reversal before you entry your position. Look closely for price rejection at the red horizontal line and the red trendline. Good Luck.
Dont forget to like and share!
Regards,
Ejaz Mian
Im am still pro long for this pair. The marking area is the exact area of Fibo 61.8. We will look closely on what price will react at that line. TP would be swing high roughly 200+++ pips. My prediction is price will reject that trendline and go down breaking the Daily sideways.. Finger cross.
Please Like & Share fellas.
