The French shares have been moving higher so we believe this may be a breakout overpowering the sellers at around the 5505 area and continue to an upward trend and benefit our trade. However it does appear that price is moving in to a triangle trend line so price may get squeezed by the pressure of the Bulls and the Bears before the CAC 40 Breakout is achieved.
EURUSD ANALYSIS So on the EURUSD we have had some interesting action happening in the past couple weeks. If you look on the weekly chart of this pair you will see we made a nice head and shoulders and about 2 weeks ago the right shoulder (where it is now) had breached to the downside and broke recent significant structure on the daily timeframe. What we saw last...
AUDUSD SHORT 8/12/18 1D Chart: * On this daily chart AUDUSD had made a strong breach below structure that had been holding around the .73400-.73600 handle *the momentum shown by this pair was strong by the sellers on the break below structure 4H Chart: *On the 4H chart the pullback into structure had been weaker by the buyers than the strength of the breach...
ZCASH/DOLLAR POST ANALYSIS 1D Chart: *The daily timeframe chart is in a downtrend on this pair, giving us a higher probability for a short success trade *This pair had a weak re-test into recent significant daily structure 4H Chart: *This chart had displayed price actions weak pullback into the structure point around 153.00 price *The 4H chart had been in a...
EURCHF POTENTIAL SHORT 1D Chart: *The daily chart is in a seller trend *Price had recently broken and breached significant structure level on daily timeframe *Price is coming to re-test the significant level 4H Chart: *This chart is displaying more of the specifics of the pullback occuring *Watch this chart to see seller interest/strength come back in on...
EURUSD POTENTIAL SHORT 1D Chart: *On the daily time frame price had broke/breached recent significant structure around the 1.15300/1.15500 *The 1D chart is in a seller trend *Strong and healthy momentum by the sellers to the downside 4H Chart: *4H chart is in an overall downtrend *This chart will give us a good idea if price comes into significant structure,...
AUDUSD UPDATE *AUDUSD as stated previously we are looking for a potential short for this pair setup. *.73300-.73600 area is recent significant structure on the 1D chart *last week this setup had been posted for a potential short and we had been waiting for the pullback *watch how price reacts at this area of structure, we want to see a strong seller interest if...
EURUSD SHORT ANALYSIS 1D Chart: *Seller breached significant structure on the 1D Chart *Price held under structure at this level 4H Chart: *4H chart had weak buyer re-test into structure *Strong reaction from seller once it re-tested structure *seller showing strong interest in this sell 1H Chart: *precise entry and exit *final re-test before entering...
EURJPY SHORT: 1D chart: *Sellers trend with breach of structure *New low formed (characteristic of seller trend) 4H Chart: *Sellers breach the low making a new low *Re-test into recent significant structure at 129.300-129.400 *Strong V-formation on 4H chart by the seller (showing their interest) 1H chart: *Final re-test was weaker than the 100%...
The 4 hour chart of EUR/NZD has formed a head and shoulder pattern. It has been formed after a long bull run and so we can expect it to be selling pressure to intensify. As per our analysis,we expect the pair to make a strong bearish move.
GBPJPY broke through the level where the last higher high began, this means that we're in the sellers market. price retraced 40%, took a short from here.
Begin of sellers market. Price went below the price where the last higher high started. looking for a short at resistance level.
The XRP price increases significantly (log bullish bar) yesterday. However, it stopped going up and found the resistance point at 0.670. Then, it started moving sideways and none of the participants (sellers and buyers) got control of the price. However, there is a resistance level at 0.7071, where the new selling orders are placed. However, I expect the price...
Last week was bearish and I shall wait for short signals in this time frames before shorting. Potential sells lies within 1.58 and 1.585 with stops above 1.59. Remember, the weekly chart is very bearish complete with a sell signal and a bearish divergence pattern. Read more here: forex.today
The interesting moves on LTCUSD H1 chart. There was strong bullish move (green long bar) few hours ago, but it was rejected by bears and pushed the price down. It means, there was the shift of powers from buyers to sellers. The price is going down last few hours and it means the sellers control the price at the moment. There is a major resistance level at 192; the...
AUDUSD Price Projection for Non Farm Payrolls March 9 2018 DXY Signaling Possibility of a Bearish Push later in the week and NFP would be the best way to push price towards expected bullish target level at .79200 Potential 20 pip Buy Zone at 0.766 - 0.764 with a comfortable stop loss beyond 0.762 (consider your broker spread etc) Intraday trend of AUDUSD is...