Please like and subscribe if you want more analysis from me... I will appreciate that. What's the point for OPEC to cut oil -1.53% supply if America flooding the market with it?? The only one question, for now, is whether oil -1.53% rally will end at the end of December or at the beginning of first quarter of the year 2018? However what the chances that BRENT...
USDJPY- Get read for another successful short. Why? 1- The pair is moving inside a Range 2- Huge Resistance area above 113 regions. 3- Fundamentals and Safe Havens vs Risks, makes this a Very Volatile pair. Recommendations 1- The Key to Win this trade is your mindset, don't bother about the short term price action. 2- It is likely to be a "Hard Victory", with...
Price is in the 61.8% retracement zone from the last swing from 1.365 to 1.3025 + PA resistance + upper channel resistance. Since there was a falsebreak on the 1H time frame i believe price will go down to 1.338 at least . If 1.338 zone will be broken next support will be 1.335 zone. Best of luck :-)
Main trend is down and a false breakout occurred inside price action resistance zone + top of channel + fibonacci confluence + reversal pattern . Therfore it looks reasonable to me that price is heading to 0.75 zone. The zones are marked on the chart. Best of luck :-)
Looking for reversal opportunity in EURUSD, if the price will breakout The confirmation zone (last low), there is high probability the price tends to reach The demand below, I'll look for reason to open sell position in order To reach this demand, there is a space of 70 pips between levels. It can be a great intraday opportunity.
XAUUSD fell from the high at 16 October We think it wants to create a pattern to make a bottom then rising, Let's talk about rising and it's target when the ABCD pattern complete Now we should watch the price level 1274 ( red line ) in the beginning of the week, if XAU test it and reverse we will update and talk about targets THANK...
This might as welll happen. The trend is respecting ceilings and floor resistances. If it breaks we might see LTC reaching $90.00-$100.00 very soon.
I plan to enter on my 30 m chart when current candle opens/closes below the trendline. My TP is the 100 sma on 30 m.
Check the numbers on the chart when reading each point below: 1 - Was a gap down and continued the downtrend 2 - After a reversal at 1138, Ryanair and Monarch woes have signalled a reversal. 3 - Next Job for EJZ is to break its downtrend and surpass 1450
HEAD AND SHOULDERS REVERSAL PATTERN
Greetings, Everyone! Major red bearish Wolfe wave was formed by the FX:AUDNZD pair. It is being supported by RSI divergence as well as the formation of minor orange pattern inside its internal structure. The closer look at orange WW reveals that it is also being backed by RSI divergence. Significant volume rise at point 5 confirms the importance of this area...
The bearish profit target was hit, a pin bar formed. Still waiting for bullish confirmation, but a tight stop would be feasible. Could enter and ride back up to resistance. Entry: 85.877 Stop: slightly below pin bar, or 30 Pips below entry. 1st Take Profit: 86.510 2nd Take Profit: 86.990
Validated confluences 1.Uptrend weekly trend line broken 2.Trend trading (Weekly) 3.No major resistance until (8650) 4.Profit margin 1:3 Wait for trend line break to establish Daily Downtrend, 8781-8719 is not a major resistance zone as price action touched the zone 3 times which thoroughly indicates the weakness of the zone.
The SPX is on the verge of a rally inside of the consolidation mode it has been in since the beginning of June. Reversal signals at the bottom of support is a good sign that things are about the change. Only thing left is to wait and see. An attempt to reach the resistance in the chart below is looking very likely. Don't be surprised it market does go up. The...
Price has met a resistance level, a daily trend line and also an hourly trend line. Now waiting for a price reversal.
Working on a new REVERSAL indicator … Almost every signal of the "MM-Reversal-King" was right. 11 out of 12 is not that bad.
Looking to sell Pair near current price. Look for price to form a double top or push a bit beyond previous high before sell is activated.