Definitely bearish view on actually all the cryptocurrencies right now. Significant drop down, staying bearish till at least the end of May lows. 2 important levels away from price now. Resistance at 0.63 Support at 0.58 Further updates will come
Really like the look of this, everything matching up perfectly. Unfortunately I'm not able to trade this with my broker, but for those who can, put this on your watchlist.
You don't see this really often, but is still a signal that price is about to go down. Now ranging between 560-575, looking for a break to the downside. If price goes above 589.5, setup is not valid anymore. If price goes below 560, aim for 550, and if it reaches that level and breaks, aim for 540 Also interesting: More crypto's are showing the same kind of...
We broke the previous top and two possibilities are open for now. We either go down for good which means our C wave is completed or; We go down for retracement and we go break that top again to give us an ABC on our C wave and then we go down. In any case look for a flag and sell if you see it reversing.
price is nearing a strong resistance zone that has been standing the test of time for a few years... i'm looking to see if price can reach the yellow marked resistance zone and Looking for downside in that area as i don't see price passing that zone (potential trade setup)
Hello traders! At this moment NZDUSD had a strong rejection from the top of the daily channel. There was previous resistance. You need to remember that NZDUSD is in a corrective structure right now. The correction may be over. Short term target will be inside the channel. We need to see how the price will break the support for more downside. Wait for a ...
We can expect chfjpy to retest the previous high then continue to push downward with the bearish momentum. For those who take cheers !
Looks like its time for USDCAD to retrace dow. Touched a very strong support zone! Cheers
The Harmonic Pattern has already be completed and already showing signs of good momentum which is why I will be considering jumping in all the way down to the 61.8%, which happens to have a nice confluence with a long term point of control For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000...
The red boxes on the chart represent the Asian session as I came to notice that during the LSE session the pair would either come to the 50% of the TSE range, or all the way down retesting/breaking the low of the TSE range. Of course the opposite could apply, retesting/breaking the high in case of a downtrend. Details are laid out on the chart. For risk and...
Been monitoring this one for a while now for a nice sell entry. I am expecting a long term move to the downside to start soon, which should keep falling for most of this year and bottom out around $1100. We may be seeing the formation of the sell entry flag for this move, but I still need to watch a bit more to gain confidence that the move is actually going to get going.
Got a parallel set of trend lines that reveal a zone where the pair is screaming for a longterm Bearish trend
Eurjpy formed a descending triangle which it broke out of, right now its doing the retest to the key reversal zone 618 fibonnaci level Look for shorting this pair in the asian market opening You can sell now at actual price of 130.71 100+ pip target Risk only 3% of capital
Hey Guys and Welcome, EURGBP broke back below previous week price action, we are following „Mid“-term Trend with a good RR. Price very bearish last week even with a downside break of our Mid term uptrend, we follow this wave.! Short: 0.88072 Sl: 0.88292 (20 Pips) Tp1: 0.87874 (20 Pips) Tp2: 0.87574 (50 Pips) Feel free to Comment and Discuss my Trades....
GBPCAD is near the top to complete daily correction. If it breaks the RED trend line, this could be beginning of the long down move. Should wait for confirmation before entry.
Do you own analysis and trade with calculated risk