As u can see in the chart and my analysis, price was already at the strong key level for reversal. To make my analysis more strong the D1 chart also have form the perfect bullish engulfing as a alert before price make a rally. Goodluck guys and happy trade. Kjndly text me on my personal telegram account to join my channel for signal. t.me/hanzafiq
AMD: Current price $53.50. Target $66.00. On AMD we see incredibly powerful potential for massive swing upwards into a symmetrical triangle thrust to a target of $66.00 within the next month. After a rapid "COVID Crash" recovery into almost making new ATH AMD lost all momentum mid May. The price action has mostly existed within a contracting range since, apart...
I still hold my entry for last week. Strongly believe that GBPNZD will rally up for next week
After the Swing low on DXY and rally on Oil finally USDCAD is getting itself out of the bearish clutches. Watch out for DXY and OIL prices while you long USDCAD . TP1 1.35296 TP2 1.38867 TP3 1.40000 TP4 1.46000 Stop loss : 1.33162 Enjoy the USDCAD long ------------------------------------------------------- Leave comments and share your views (Re-posting this...
Down time to come, confirmation on any candle >= 1D Had we not fallen victim to coronadona, I'd imagine we wouldnt have fallen nearly as low. Take note of the rounding volume levels also. Might not be a lightspeed rally, however I feel as though this time around, asks know they can go higher, and so do the bids. Cheers
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said today, the Dow Jones dropped nearly 1700 points. Stocks with positive news or on the verge for bullish runs or breakouts dipped. High profile companies also plummeted. It was one of the worser days of the year. However, is a...
AUDUSD broke through it's trend line and retested the resistance zone in which I took an entry
We could see a Break and Retest scenario to the downside considering a huge Bullish rally has taken place already. So far we see a confirmation of Quarter Level respect. Yet to await further confirmation.
I expected price will rally after done drop at the first point. Goodluck and happy trade guys.
Here is my prediction for euraud next week. Good luck and happy trade.
Technically - On a strong resistance --> Hopeful to see slight retest before break up to levels before Covid-19 Fundamentals - Risk on --> Economies around the world are opening up, this will potentially result to selloff in safe havens assets like Japanese Yen and Gold, this will likely result in medium term selloff of JPY against other countries currencies NZD...
It is looking better and better for the emergence of a new rally, despite all odds. Now, if the weekly candle closes above 10.5k this week, this will be a huge cofirmation, the one we need to be very sure that we will indeed see a giant new bullmarket. This will culminate in hitting 20k still this year, and new all time highs by late 2020 or early 2021. 100k...
I suspect that BTC's inability to break through 10k decisively means one further big dump towards the weekly MA200, currently sitting at around 6k. BTC might complete the huge triangle since late 2017 by one last move down to the support line which coincides with the weekly MA200. However, it could also surprise us and just break through 10k after all in the...
Good morning traders! Why do we see a confident breakout to the upside in the AMAZON market? The whole world is bothered by the coronavirus... Amazon is a very strong player on the Internet and in Europe, it was these companies such as Amazon that made the most profits. The broken structure below the market acts like a magnet. So we will probably see some...
Volume has been steadily decreasing for 9 consistent weeks. We expect the new Unemployment report on the 5th of June. I am a complete noob and due to my close to textbook understanding without too much technical analysis I would arguably say that what is happening right now is too easy to spot. Therefore, a lot of people believe this will crash hard and this is...
EURGBP may be giving us a excellent opportunity for a long trade. After a big rally, it finally retracted to a support zone and broke out on the start of the week. Now it has came back to retest and broke a trendline on lower time frames. My inputs for this trade will be: SL: 0.86700 TP 1: 0.88530 TP 2 :0.90365 TP 3: 0.91870 I will be updating the idea as the...
G9er, Double Top, Rising Wedge, Bear Market Rally, Fib 61.8, Super Guppy Trend... Enjoy...... Currently in SPY puts for June / Sep Targeting 264 246 217 180 Possible that we ignore all TA and continue to hold levels regardless of this outlook. Just looking at this as a possible short scenario. Good luck to all