A follow-up detail on the USDJPY that was published sometime last week (see link below for reference purposes) where we locked in about 300pisp from our second entry. Despite a considerable pullback from two-decade highs (which kicked us out of our first entry)during last trading week's trading session hereby edging lower some 0.52%, amid broad US dollar...
With a strong demand zone at around 1.21 zone since the beginning of March 2022; we should be expecting a bullish run following the appearance of a reversal pattern within the demand zone. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The...
SBIcard made reversal pattern on daily charts with good sets of volumes. Could be bought with mentioned stoploss & targets.
D extension hit. Will GBPUSD pullback for a continuation to the downside?
If this pattern becomes reality, this should be our start of reversal point. Be patience! Also, this is just 15minutes TF, I will not hold my Long position too long. Good luck and have a good trade 🙏
this is some swing trade for gold if he break the support zone at:1917, but we can buy now firt tp at: 1917 tp2: 1940 tp3: 1974. sl: 1985
Despite a long-term downtrend scenario on the higher timeframe, I am of the opinion that we might be on a verge of a bullish surge in the near future. In this video, I explained how a rising reversal pattern is identified on the 4H time frame where the breakout of structure yesterday might be a signal for an upside move. Risk Disclaimer: Margin trading in the...
A follow-up detail on the GBPAUD that was published in the course of last week's trading session (see link below for reference purposes) as we closed with a minimum of 150profits move in our last trade, the retest of the neckline of the reversal structure we identified on the daily/4H time frame will be a bullish confirmation. Then it is most appropriate that we...
A follow-up detail on the XAUUSD that was published sometime last week (see link below for reference purposes) where we expected the price to respect the bullish trendline but unfortunately we witnessed a significant breakdown of this line to send the price crashing. So price is back within the buying opportunity sone we identified earlier in the month and with...
A somewhat confused picture has emerged over the past few days on the USD/BRL chart. I have what looks like a triple top on the monthly and weekly charts, which any chartist will tell you is BEARISH. But…. Over the past couple of days on the daily chart we have what looks like a double bottom which has just completed, which is bullish short-term pattern – so what...
Price made a steep decline to the monthly support. Price Rejections on the support indicate a retracement may occur. Waiting for reversal confirmation before placing a buy order.
CADCHF traded higher to break a reversal zone. On the 4H time frame we can see a bounce from the reversal zone which indicated a leg up extension. Expecting banks to buy some longs here at least to the previous highs.
NATIONALUM - 15 MIN - REVERSAL FALLING WEDGE Today's chart pattern analysis - target achieved. TP - 1.25 and SL - 0.60
Hello everyone After a red bar with a long shadow on weekly on BNBUSDT, now we have started the new week with another red one.On daily chart, we can see a long shadow that touched the weekly trend line and came back, which is a good thing and with the today's candle we can expect a double bottom, which can turn into a High 2 on a trading range and a good buy...
A follow-up detail on the EURJPY that was published earlier today (see link below for reference purposes) where we expected the price to come down into the key level area at 137 area. At current structure is supporting a reversal pattern right above this key level where we want to be looking for an opportunity to buy the Euro. Risk Disclaimer: Margin trading in...
A breakout of the key level of the JPY137 area on the 19th of April 2022 appears to be a bullish signal. In this regard a bullish momentum shall be anticipated as we go into the new week should we witness a significant retest of key level. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high...
With the identification of a reversal structure on the daily time frame coupled with a linear bullish momentum on the 4H time; I am left with no choice but to consider a bullish expectation on the GBPNZD. In this regard, the key level at 1.93 shall be our guide to taking a buy position as we look forward to a breakout/retest of this level for signal and...
As we continue to monitor the Gold chart for bullish opportunities; the appearance of a reversal set-up on the 4H timeframe signals the beginning of a potential reversal in the near future. Let's see how price action responds to this structure in the next couple of hours or days. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity...