FX:GBPJPY the bullish trend is predicted to continue. This can be seen from the price today which is there is a tail right now at the support level on the yellow line. But it needs to be seen that there is a kumo twist so to confirm the trend can continue to be seen from today's closing price.
NYSE:COP NYSE: COP - CONOCOPHILIPS COP has been seeing decent momentum to the upside with buyers beginning to regain control of price. Buyers will be looking to breach the 63.70-64.00 and keep price above, if price maintains above these levels, it is expected to target the 69.50 as a 1st target then eventually aim for the 73.50 and the 76.30. This trade setup...
FX:GBPUSD After pushing lower, Price is finding some support on the 200EMA and if it cant breakthrough, with divergence setting up on the MACD as well as the squeeze, we might be looking at a quick retracement into the 1.3070-1.3090 where a Downtrend line is set up. of course, this is an against the trend trade so trade with caution. Also, the GBP and the USD...
NYSE:UPS NYSE: UPS UPS has been trading nicely in this short term upward channel, price is looking to bounce off the lower boundary and head again to the upper boundary targeting 127.50. A break lower will make this trade idea void. Please like and follow to get the latest trade ideas and analysis. (FX-NYSE-Crypto-Commodities)
FX:EURUSD EURUSD Well The EURUSD wasn't able to push higher and broke the channel found some support on the 200EMA, it is expected to retest the broken channel which will be around the 1.1150. From there price can be expected to push lower to target the 1.1045 close to around 95 pips. On the other hand if buyers were able to push higher than the channel, then...
Hello Traders! We would like to show you a game... While Penguins are on the hunt, you can easily join them as well! It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs. Targets are marked on the chart as a crosshair. Heart in the box - a place to jump in/out Sign with exclamation mark - places to be aware of a few...
Hello Traders! We would like to show you a game... While Penguins are on the hunt, you can easily join them as well! It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs. Targets are marked on the chart as a crosshair. Heart in the box - a place to jump in/out PIG in the box - places to be aware of a few different...
This is my upcoming setup for this pair. Wait for the correction to HIT my BUY LIMIT, I’m taking this 1:3 RR and ill be ready to deal with this loss if this race will go against me :) Do your own analysis and please comment your opinion down below.
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Chart time frame - H4 Timeframe - 2-3 Days A – Activating Event Market will meet resistance in zone @ Current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @...
Waiting for a break of the consolidation box before any significant move.
Even with a weak US Dollar in the first half of October, USD/JPY showed bullish tendencies, owed to the additional Yen-weakness overshadowing the US Dollar’s own pullback. This strength in USD/JPY brought upon by an even weaker Yen has helped the pair to push up to a fresh two-month-high at a key zone of resistance that runs from 108.47-108.70 which ahs so far...
The GBPUSD has reacted off a potential BidZone although nothing is confirmed yet and the door could easily open up for a continuation of the weekly trend lower. Time to prep for a potential reaction higher and lower to be ready for each outcome if the setups play out.
The EUR/USD pair is printing its second indecisive candle around the 1.1050 level, with quite long upper wicks. The pair is trading at a strong daily bearish trendline resistance, a horizontal resistance zone and the 61.8% Fib level, which could signal an end for the current counter-trend price correction and a continuation of the underlying downtrend. While...
The AUD/CHF pair printed a strong bearish candle today after reaching the upper channel resistance on the daily chart. The reversal point aligns with the 61.8% Fib level, signaling a potential continuation of the underlying downtrend. The RSI is printing a hidden bearish divergence.
The daily chart on Copper shows a strong support around the $2.50 level which lies near the 61.8% Fib level. The price has recently formed a falling channel, with a broke above signaling a potential continuation of the underlying uptrend. The RSI is in a bullish divergence mode.
Buy in a short term to the C leg, then SELL to form the D leg